Global blow-fill-seal technology market to grow past US$452 mln by 2025, at CAGR of 5.92%

30-Jul-19

The global blow-fill-seal technology market is expected to grow from US$285.47 mln in 2017 to US$452.13 mln by 2025, at a CAGR of 5.92% from 2018-2025, as per the report by Fior Markets.  Increasing demand for the advanced packaging solutions from the pharmaceuticals, food and beverages industry is projected to propel the global blow-fill-seal technology market.
In blow-fill-seal (BFS) technology, is a form of advanced aseptic manufacturing technique, in which the container is formed, filled, and sealed in one continuous, automated system. The first and foremost advantage of this technology is reducing human intervention, which drastically reduces the risk of microbial contamination and foreign particulates. BFS has emerged as a preferred form of packaging within the pharmaceutical industry. It is now widely considered to be the superior form of aseptic processing by various medicine regulatory agencies including the U.S. Food and Drug Administration (FDA) in the packaging of pharmaceutical and healthcare products.

 The growth of pharmaceuticals and food processing industry as well as changing consumer preference against the use of food preservatives are the factors that are driving the global blow-fill-seal technology market. Whereas the high cost of production and low cost to benefit ratio for the small scale manufacturers are anticipated to dampen the global low-fill-seal technology market growth. The growing demand from the aseptic packaging industry and growth of pharmaceuticals and packaging industry in the Asia Pacific region is anticipated to boost global blow-fill-seal technology market in the upcoming years.

Polypropylene is a multipurpose and cost-effective raw material and it is widely used in the packaging of single unit dose drug products. Due to its property for high resistance to a wide variety of chemical solutions, such as acids and solvents with a wide temperature range of up to 10000C, Polypropylene segment led the global BFS market with US$41.33 mln revenue in 2017. The polypropylene is widely used in a various applications such as packaging, automotive industry, and textiles. The polyethylene comes in two forms as high-density polyethylene and low-density polyethylene. Polypropylene are harder and resistant to chemicals and organic solvents compared to polyethylene.


The vials segment emerged as the dominant segment in the global blow-fill-seal technology market with US$26.24 mln revenue in 2017. Due to their lightweight and easy to carry properties bottles segment is projected to grow at an accelerated CAGR of 7.63% over the forecast period. The demand of the vials in pharmaceutical packaging products to offer versatility in shapes of many different packaging formats to accurately and especially for pack single doses has driven the vial segment growth in the global blow-fill-seal technology market.
There is a huge demand for the aseptic packaging solutions for the pharmaceuticals industry. Thus pharmaceuticals emerged as the leading end user segment in the global blow-fill-seal technology market US$43.01 mln revenue in 2017. Food and beverages segment is projected to grow at a steady pace over the forecasted period due to the high potential demand of blow-fill-seal technology. In addition, blow-fill-seal technology helps the manufacturers to minimalize the risk of contamination in filling and packaging products.

 Asia Pacific region emerged as the largest market for the blow-fill-seal technology with a 39.58% share of market revenue in 2017. The rapid development of the pharmaceuticals and food and beverages industry in the region is projected to propel Asia Pacific region to grow at a CAGR of 8.04% over the forecast period. Rising per capita disposable income and improvement in the lifestyle are leading to increasing consumer preference to the healthy and safe packaged products. North America region also accounted for a significant share of the global blow-fill-seal technology market in 2017, owing to presence of major pharmaceutical firms and well-developed food and beverages industry.

 Major pharmaceutical manufacturers are increasingly utilizing the BFS technology to protect and preserve their pharmaceutical formulations. For instance GlaxoSmithKline in 2016, announced its decision to employ blow-fill-seal technology technology for packaging the vaccines at its Boronia production facility in Australia. To better serve the ever rising demand for the blow-fill-seal technology packaging materials from the pharmaceuticals industry, market firms are increasingly focusing on launching the newer and improved products. For instance, in 2018, Weiler Engineering Inc. introduced its next generation ASEP-TECH Blow/Fill/Seal (B/F/S) machine. This compact laboratory-sized machine, which measures approximately 100-in. H x 70-in. W x 80-in. D, answers recent demand for low-output production of pharmaceutical products and/or small development batches using advanced aseptic technology.

  More News  Post Your Comment

Previous News

Next News

{{comment.Name}} made a post.
{{comment.DateTimeStampDisplay}}

{{comment.Comments}}

COMMENTS

0

There are no comments to display. Be the first one to comment!

*

Name Required.

*

Email Id Required.

Email Id Not Valid.

*

Mobile Required.

Email ID and Mobile Number are kept private and will not be shown publicly.
*

Message Required.

Click to Change image  Refresh Captcha