Market Synopsis
Competitive Market Growth, Size, Share and Forecast to 2027 for Blow Fill Seal (BFS) Technology MarketÂ, By Material (Low Density Polyethylene, (LDPE), Polypropylene (PP), Multilayer); By Type Of Filled Container (Bottle, Ampoules (Unit-Dose Ampoules, Multi-Dose Ampoules), Others (Injectables, Parenterals, Etc.)); By Type Of Size (0.5 – 5mL, 5 – 10mL, Above 10mL); By Application (Ophthalmic, Respiratory, Biologics, Medical Devices, Vaccine, Others);
Market Snapshot
The Blow Fill Seal (BFS) Technology Market was valued US$ 310.2 Mn in 2021 and will grow at a CAGR of 6.20% for the forecast period of 2019-2027, as per the market research report by Absolute Markets Insights titled “ Blow Fill Seal (BFS) Technology MarketÂ
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Market Overview
Global blow fill seal (BFS) technology market was valued at US$ 310.2 Mn in 2019 and is anticipated to grow at a CAGR of 6.2% to reach a value of US$ 501.9 Mn in 2027 over the forecast period. Transformative strategies of manufacturing companies in various sectors to automate their repetitive manual processes with the aid of advanced technologies are propelling the demand for blow fill seal (BFS) technology based machineries.
Manufacturing and packaging companies across various sectors have traditional been labour intensive for producing sealed liquid containers. Labour intensive manufacturing process are prone to breakage and contamination of the containers and also leads to high labour costs. These demerits of conventional filling and packaging technologies of sealed liquid containers have heightened the demand for alternative solutions. Blow fill seal (BFS) technology market is a potential alternative against these conventional manufacturing processes and BFS technique automates the entire manufacturing process of sealed liquid containers. Manufacturing techniques incorporate various stages which starts with extrusion of a sterile polymer parison which is then filled inside a mould. Once this process is completed, the mould is shut and sterile air is blown to form the container which is followed by filling of liquid, sealing the container and de-moulding processes. All these processes are performed at a single machining station without any external human intervention and increases the production output of companies. For instance, Rommelag AG of Germany claims that their BFS machines are capable of manufacturing 34,000 containers per hour. BFS technology eliminates the extra cost and time associated with cleaning and sterilization of prefabricated containers, which extends its applications across a wide array of industries and are governed by high safety standards. For instance, BREVETTI ANGELA S.r.l based out of Italy offers a broad range of BFS systems for pharmaceutical and food processing industry to automate the packaging of sterile liquids, injectable vaccines, fresh fruit juice, fresh milk and other products. Thus, the benefits of BFS technology to automate production of liquid containers and eliminating human intervention are boosting the growth of blow fill seal (BFS) technology market across the globe.
The term Blow Fill Seal (BFS) Technology Market is influenced by a number of variables, including forward/backward integration, economies of scale, the proportion of different distribution channels, elements influencing consumer behavior, such as brand loyalty, price, and accessibility of the product, capital investments, the regulatory environment, production rights and patents, marketing strategies, and other client preferences. The stakeholders in the industry will probably find this knowledge valuable, and it may even motivate them to take action.
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Blow Fill Seal (BFS) Technology Market Competitive Landscape:
The prominent companies in the Blow Fill Seal (BFS) Technology Market are:
Catalent, Inc.,
Unither,
Unipharma,
LLC.,
The Ritedose Corporation,
Rommelag AG,
Recipharm AB,
Curida AS,
Weiler Engineering, Inc.,
Unicep,
LyondellBasell Industries Holdings B.V.,
Laboratorios Lesvi,
S.L.,
PrimaPharma, Inc.,
Asept Pak, Inc.,
Plastion Industries, Inc.
Impact of COVID-19:
This article makes observations about COVID-19 consumer behavior, demand changes, shopping trends, supply chain restructuring, market forces dynamics, and significant government involvement. The new study offers further information, analysis, projections, and estimates regarding the market effects of COVID-19.
Reasons to Buy the Report:
The fully updated, 405+ page books provide a comprehensive overview of the COVID-19 virus and pandemic. You can discover more about subjects like regional impact analysis, worldwide prediction, competitive landscape analysis, and size & share of regional markets by using industry data and expert interviews. Information on the market’s size, key players, profitability analysis, SWOT analysis, historical and projected statistics, growth Porter’s Five Forces analysis, revenue projections, industry trends, and financial ratios are all included in the free sample. Along with assessments from Absolute Market Insights for various countries and regions, the study also provides thorough analyses of the major variables influencing the market’s growth. The Sample Report gives readers a competitive edge by providing more information on the main market participants, including their sales volume, corporate strategy, and revenue analysis. Key Benefits of Global Blow Fill Seal (BFS) Technology Market Report:
Much work has been devoted to studying both the present and the future as part of the study of global Blow Fill Seal (BFS) Technology Market trends. The Global Blow Fill Seal (BFS) Technology Market Growth Research Report offers comprehensive data on the Market Introduction, Market Summary, Global Market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, and Regional and National levels.
Studying global Blow Fill Seal (BFS) Technology Market trends might help you find business prospects. Purchase This Premium Report at @
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Blow Fill Seal (BFS) Technology Market Regional Insights
North America region registered the highest share in global blow fill seal (BFS) technology market in 2018. The approval of this technology by regional government authorities for various aseptic processes has contributed towards the share of North America in blow fill seal (BFS) technology market. For instance, the U.S Food and Drug Administration (FDA) agency recommends BFS technology in their guidelines for industry on aseptic processing of sterile drug products. The FDA agency has also provided approval for BFS machines of many major market players including Sidel, Rommelag AG among others. However, Asia Pacific region is anticipated to witness highest growth in global blow fill seal (BFS) technology market over forecast period owing to the growing pharmaceutical and food processing industry in the region. For instance in 2014, GlaxoSmithKline plc. installed a BFS machinery at its manufacturing facility in Boronia, Australiato expand their production output. Also, the China National Pharmaceutical Packaging Association has provided technical guidelines for manufacturing infusion products through BFS technique in their latest release of 2020. These factors are anticipated to encourage higher adoption of BFS technology in Asia Pacific region in future years. The study analyses the market in terms of revenue across all the major regions, which have been bifurcated into countries.
The report provides a comprehensive examination of a number of factors, including the distribution of the Blow Fill Seal (BFS) Technology Market in significant geographic areas. North America, Europe, Asia-Pacific, and Latin America are the key geographical emphasis areas of the study.
Why the Blow Fill Seal (BFS) Technology Market Report is Beneficial?
The Blow Fill Seal (BFS) Technology Market study was constructed using a comprehensive and modern research approach. The study contains a large amount of data on the most current technological and product advancements in the Blow Fill Seal (BFS) Technology Market and offers a complete analysis of the market competition for the Blow Fill Seal (BFS) Technology MarketÂ. The numerous evaluations of how these upgrades may affect the ongoing growth of Blow Fill Seal (BFS) Technology Market In the research report for the Blow Fill Seal (BFS) Technology Market study, extensive historical data and analysis are presented.
The graphical data representations used in the Blow Fill Seal (BFS) Technology Market report, such as bar graphs, statistics, pie charts, etc., make the report’s insights obvious and simple to comprehend. Blow Fill Seal (BFS) Technology Market Segmentation:
Based on the makeup of the product and the intended use for which it is to be used, various divisions have been made within the Blow Fill Seal (BFS) Technology Market market. The growth rate and market share of each market segment are assessed. The experts have also investigated prospective areas where the producers could make money in the ensuing years. Thanks to the accurate volume and value estimates provided by the geographical analysis, market participants can better understand the entire industry.
Global Blow Fill Seal (BFS) Technology Market:
By Material
Low density Polyethylene (LDPE) Polypropylene (PP) Multilayer By Type of Filled Container
Bottle Ampoules Unit-dose Ampoules Multi-dose Ampoules Others (Injectables, Parenterals, etc.) By Type of Size
0.5 – 5mL 5 – 10mL Above 10mL By Application
Ophthalmic Respiratory Biologics Medical devices Vaccine Others Global Blow Fill Seal (BFS) Technology Market by Region Blow Fill Seal (BFS) Technology MarketÂ
North America US Canada Mexico Rest of North America Europe Germany France Italy Spain UK Nordic Countries Denmark Finland Iceland Sweden Norway Benelux Union Belgium The Netherlands Luxembourg Rest of Europe Asia-Pacific Japan China India Australia South Korea Southeast Asia Indonesia Thailand Malaysia Singapore Rest of Southeast Asia Rest of Asia-Pacific The Middle East & Africa Saudi Arabia UAE Egypt South Africa Rest of the Middle East & Africa Latin America Brazil Argentina Rest of Latin America Absolute Markets Insights
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