Press release
Top Market Shifts Transforming the Blow-Fill-Seal Technology Market Landscape: Key Insights
Blow-Fill-Seal Technology
What Is the Expected CAGR for the Blow-Fill-Seal Technology Market Through 2025?
The market size for blow-fill-seal technology has seen significant growth in the recent past. Forecasts indicate an increase from $3.61 billion in 2024 to $4 billion in 2025, signaling a compound annual growth rate (CAGR) of 10.7%. Factors like continual advancements & standardizations, increased global market reach, enhanced flexibility in packaging design, minimized environmental effects, and scalable production have contributed to the growth in the historical period.
What's the Projected Size of the Global Blow-Fill-Seal Technology Market by 2029?
The market size of blow-fill-seal technology is projected to rapidly expand in the upcoming years, growing to approximately $6.39 billion by 2029 with a compound annual growth rate (CAGR) of 12.4%. This growth in the expected forecast period can be credited to diverse industrial growth, a surge in the need for sterile packaging, an emphasis on safety and convenience, an elevation in unit dose packaging, and the increasing demand for personalized medication. The forecast period also projects significant trends such as diversification across different sectors, a lean towards unit dose packaging, integration with industry 4.0, and rising demand for biologics and vaccines packaging.
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Top Growth Drivers in the Blow-Fill-Seal Technology Industry: What's Accelerating the Market?
The growth of the blow-fill-seal technology market is expected to be fuelled by the expanding pharmaceutical industry. This industry is involved in the research, creation, and manufacture of pharmaceutical treatments. Blow-fill seal (BFS) technology is crucial for packaging these products, providing protection against physical harm, chemical, and microbiological contamination. For instance, the Department of Health & Social Care in the UK reported in May 2024, that the UK life sciences sector, inclusive of pharmaceuticals, made £108.1 billion in sales in 2021/22. This was a 13% rise from the £95.9 billion made in 2020/2021. Hence, the blooming pharmaceutical industry is stimulating the growth of the blow-fill-seal technology market.
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What Trends Will Shape the Blow-Fill-Seal Technology Market Through 2029 and Beyond?
Technological breakthroughs represent a rapidly emerging trend within the blow-fill-seal technology industry. Numerous leading corporations in this market are moving towards the application of molding technology to create innovative, lightweight products. To illustrate, Berry Global Group, a manufacturer and innovator from the US teamed up with Koa Corp., a company from Japan, in March 2022 to improve their blow-fill-seal (BFS) technology capacity. The objective of this alliance is to utilize Koa's proficiency in BFS technology for the creation of forward-thinking packaging solutions. As part of its strategy, Berry Global strives for sustainability and novelty, using this partnership to offer superior packaging choices for a variety of sectors, not least the pharmaceutical and personal care industries.
What Are the Main Segments in the Blow-Fill-Seal Technology Market?
The blow-fill-seal technology market covered in this report is segmented -
1) By Product Type: Bottles, Ampoules, Vials, Prefilled Syringes And Injectable
2) By Material Type: Polyethylene (PE), Polypropylene (PP), Other Materials
3) By Specification: Small Volume, Large Volume
4) By End Use: Pharmaceuticals, Food And Beverage, Cosmetics And Personal Care, Other End Users
Subsegments:
1) By Bottles: Plastic Bottles, Glass Bottles
2) By Ampoules: Glass Ampoules, Plastic Ampoules
3) By Vials: Glass Vials, Plastic Vials
4) By Prefilled Syringes: Glass Prefilled Syringes, Plastic Prefilled Syringes
5) By Injectables: Ready-To-Use Injectables, Custom Injectables
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Which Top Companies are Driving Growth in the Blow-Fill-Seal Technology Market?
Major companies operating in the blow-fill-seal technology market are 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, Rommelag Kunststoff-Maschinen Vertriebsgesellschaft mbH, Unicep Packaging LLC, Mahanagar Engineering Pvt. Ltd., Catalent Inc., The Ritedose Corporation, LyondellBasell Industries NV, Nupharma Group, Birgi Mefar Group, Takeda Pharmaceutical Company Limited, Pfizer Inc., Sanofi SA, Novartis International AG, Merck & Co. Inc., Johnson & Johnson Private Limited, Teva Pharmaceutical Industries Ltd., AstraZeneca PLC, F Hoffmann-La Roche Ltd., Fresenius Kabi AG, B. Braun Melsungen AG, Sandoz International GmbH, Baxter International Inc., West Pharmaceutical Services Inc., Gerresheimer AG
Which Regions Will Dominate the Blow-Fill-Seal Technology Market Through 2029?
North America was the largest region in the blow-fill-seal technology market in 2024. The regions covered in the blow-fill-seal technology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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