Press release
Blow-Fill-Seal Technology Market: Growth Projection, Market Size Analysis and Driving Factors
Blow-Fill-Seal Technology Market
What Is The Projected Market Size Of The Global Blow-Fill-Seal Technology Market And Its Growth Rate?
The blow-fill-seal technology market witnessed significant growth in recent years and is projected to further progress.
• The market will grow from $3.61 billion in 2024 to $4 billion in 2025, at a compound annual growth rate (CAGR) of 10.7%.
• It is expected to reach a size of $6.39 billion in 2029 at a compound annual growth rate (CAGR) of 12.4%.
Key factors contributing to this growth include continuous expansion across industries, increased demand for sterile packaging, focus on convenience and safety, rise in unit dose packaging, and demand for personalized medicine.
What Is Driving The Growth In The Blow-Fill-Seal Technology Market?
The growth of the blow-fill-seal technology market is primarily driven by the increasing pharmaceutical industry. The pharmaceutical sector, involved in the research, development, and production of pharmaceuticals and remedies, utilizes blow-fill-seal (BFS) technology for packaging products to protect against physical damage, chemical contamination, and microbiological contamination. The UK life sciences industry, inclusive of pharmaceuticals, reported a 13% turnover increase from £95.9 billion in 2020/21 to £108.1 billion in 2021/22, demonstrating the industry's potential to bolster the blow-fill-seal technology market.
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Who Are The Key Players Driving Blow-Fill-Seal Technology Market Growth?
The following key players are driving the growth in the blow-fill-seal technology market:
• Amanta Healthcare Ltd.
• Unither Pharmaceuticals SAS
• Curida AS
• Unipharma LLC
• Weiler Engineering Inc.
• GlaxoSmithKline PLC
• Nephron Pharmaceuticals Corporation
• Horizon Therapeutics PLC
• Brevetti Angela SRL
• Recipharm AB, and more.
What Are The Key Trends In The Blow-Fill-Seal Technology Market?
Key trends influencing the blow-fill-seal technology market include:
• Diversification into several sectors
• Shift towards unit dose packaging
• Integration of industry 4.0
• Rise in biologics and vaccines packaging
What Are The Segments Of The Global Blow-Fill-Seal Technology Market?
The segments in the global blow-fill-seal technology market are:
• By Product Type: Bottles, Ampoules, Vials, Prefilled Syringes And Injectable
• By Material Type: Polyethylene (PE), Polypropylene (PP), Other Materials
• By Specification: Small Volume, Large Volume
• By End Use: Pharmaceuticals, Food And Beverage, Cosmetics And Personal Care, Other End Users
Which Region Leads The Blow-Fill-Seal Technology Market?
North America emerged as the largest region in the blow-fill-seal technology market in 2024, with regions like Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa also generating substantial market share.
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What Is Covered In The Blow-Fill-Seal Technology Market Global Market Report?
- Market Size Analysis: Analyze the Blow-Fill-Seal Technology Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Blow-Fill-Seal Technology Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Blow-Fill-Seal Technology Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Blow-Fill-Seal Technology Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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