BFS (blow-fill-seal) Products Market is estimated to be US$ 464.86 million by 2030 with a CAGR of 5.30% during the forecast period

Download Sample

Published Date: May 2023

BFS (blow-fill-seal) Products Market accounted for US$ 291.80 million in 2020 and is estimated to be US$ 464.86 million by 2030 and is anticipated to register a CAGR of 5.30%. Blow-Fill-Seal (BFS) technology is a method of producing liquid-filled polymer containers in both small and large volumes (0.1mL to 99mL) (100mL and above). The technology was created in Europe and is in high demand in Europe, with North America following closely behind. The technology is often used in the pharmaceutical industry to fill parental preparations with comparatively little human intervention. Various regulatory authorities, including the US Food and Drug Administration, consider the technology to be a preferable approach for aseptic filling of parental preparations (FDA). Filling of eye drops, infusions, inhalation, and other parental preparations uses Blow-Fill-Seal (BFS) technology.

The report " Global BFS (Blow-Fill-Seal) Products Market By Type (Polypropylene, High-Density Polyethylene, Low-Density Polyethylene, Ethylene Vinyl Alcohol), By Application (Pharmaceuticals, Food & Beverage, and Cosmetics and Personal Care), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2029’’

Key Highlights:

Catalent, the world's largest liquid packaging solutions provider for the pharmaceutical sector, finalised the acquisition of Bristol-Myers Squibb's manufacturing facility in Anagni, Italy, on June 19, 2019. The strategic development and commercialization of novel pharmaceuticals using superior blow fill seal technology has been aided by this acquisition. It aided in the development of cutting-edge sterile biologics filling and finishing, as well as oral solids manufacturing and packaging systems.

Analyst View:

The growth of the pharmaceutical and packaging businesses is the key factor driving the market for Blow-Fill-Seal (BFS) technology. Other drivers boosting the market for Blow-Fill-Seal (BFS) technology include simple packaging, pharmaceutical packaging innovation, and rising demand for a high-quality approach for filling parental preparations, among others. During the projection period, the availability of a diverse variety of novel packaging solutions is likely to have a significant impact on the demand for Blow-Fill-Seal (BFS) technology. The Blow-Fill-Seal (BFS) method has a relatively high preparation cost, which leads to an increase in the final product price.

Browse 60 market data tables and 35 figures* through 140 slides and in-depth TOC on “*Global BFS (Blow-Fill-Seal) Products Market By Type (Polypropylene, High-Density Polyethylene, Low-Density Polyethylene, Ethylene Vinyl Alcohol), By Application (Pharmaceuticals, Food & Beverage, and Cosmetics and Personal Care), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2029”

Key Market Insights from the report:

Global BFS (blow-fill-seal) Products Market accounted for US$ 291.80 million in 2020 and is estimated to be US$ 464.86 million by 2030 and is anticipated to register a CAGR of 5.30%. The global BFS products market report segments the market on the basis of type, application, and region.

Based on Type, Global BFS (blow-fill-seal) Products Market is segmented into Polypropylene, High-Density Polyethylene, Low-Density Polyethylene, Ethylene Vinyl Alcohol.
Based on Application, Global BFS (blow-fill-seal) Products Market is segmented into Pharmaceuticals, Food & Beverage, and Cosmetics and Personal Care.
By Region, the Global BFS (blow-fill-seal) Products Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Competitive Landscape & their strategies of Global BFS (blow-fill-seal) Products Market:

Key players in the global BFS products market include, Catalent Inc., Recipharm AB (publ), BOSTONOR, Unither Pharmaceuticals, The Ritedose Corporation, Unicep Packaging, Laboratorios SALVAT, PrimaPharma, Asept Pak, Plastiko, and Birgi Mefar Group.

The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.

About Prophecy Market Insights

Prophecy Market Insights is specialized market research, analytics, marketing/business strategy, and solutions that offers strategic and tactical support to clients for making well-informed business decisions and to identify and achieve high-value opportunities in the target business area. We also help our clients to address business challenges and provide the best possible solutions to overcome them and transform their business.

Some Important Points Answered in this Market Report Are Given Below:

Explains an overview of the product portfolio, including product development, planning, and positioning
Explains details about key operational strategies with a focus on R&D strategies, corporate structure, localization strategies, production capabilities, and financial performance of various companies.
Detailed analysis of the market revenue over the forecasted period.
Examining various outlooks of the market with the help of Porter’s five forces analysis, PEST & SWOT Analysis.
Study on the segments that are anticipated to dominate the market.
Study on the regional analysis that is expected to register the highest growth over the forecast period