Today, practically every industry uses blow-fill-seal machinery. Blow-fill-seal machines are quick, sophisticated packaging solutions that save much production space. Cosmetic, chemical, agricultural, food and beverage, pharmaceutical, dairy, and many other industries commonly employ them. Due to the rising demand for aseptic packaging from the pharmaceutical industry during the projected period, the market is expanding rapidly.
Data Bridge Market Research shows that the Blow-Fill-Seal Equipment Market accounted for USD 9,133.64 million in 2022 and is expected to reach USD 15,344.73 million by 2030. The market is expected to grow with a CAGR of 6.70% from 2023 to 2030.
"Growing demand of blow-fill-seal equipment in the pharmaceutical sector is expected to drive the market growth"
Equipment for advanced aseptic packing, known as "blow-fill-seal," is extensively utilized in the pharmaceutical industry. Containers are formed, filled, and sealed using blow-fill-seal machinery in a continuous, automated process. The fundamental benefit of this technology is that it minimizes human intervention, lowering the possibility of microbial and foreign particulate contamination. Blow-fill-seal machinery has long been employed in liquid pharmaceutical applications, such as larger capacity containers for dextrose solutions or saline and small containers for respiratory, ophthalmic, and medication ampoules. More recently, monoclonal antibodies (mAbs), vaccines, and biologics have all been added to the list of injectables and biologics that can be packaged using blow-fill-seal technology. In the approaching years, it is projected that the pharmaceutical industry's growing use of blow-fill-seal equipment will likely propel the market growth.
What restraints the growth of the blow-fill-seal equipment market?
"Disadvantages associated with blow-fill-seal equipment"
The market for blow-fill-seal equipment may face difficulties as it tries to make packaging in various sizes and shapes. The products made by blow-fill-seal machines have high manufacturing costs when compared to alternative glass packaging, which hinders the market's expansion for these machines.
Segmentation: Global Blow-Fill-Seal Equipment Market
The blow-fill-seal equipment market is segmented on the basis of capacity, product, filling volume, category, number of cavities, and number of molds, decorations of the containers, shape and end-user.
- On the basis of capacity, the global blow-fill-seal equipment market is segmented into upto 5,000 containers/hr, 5,000-10,000 containers/hr and above 10,000 containers/hr,
- On the basis of product, the global blow-fill-seal equipment market is segmented into bottles, ampoules, vials and prefilled syringes & injectable.
- On the basis of filing volume, the global blow-fill-seal equipment market is segmented into upto 100 ml, 100 ml to 250 ml, 250 ml to 1000 ml and more than 1000 ml.
- On the basis of category, the global blow-fill-seal equipment market is segmented into rotating and cyclic.
- On the basis of number of cavities, the global blow-fill-seal equipment market is segmented into upto 5, 6 to 10, 11 to 20 and more than 20.
- On the basis of number of mold, the global blow-fill-seal equipment market is segmented into 1 mold, 2 mold, 4 mold, 14 mold, 15 mold, 20 mold and others.
- On the basis of decorations of the containers, the global blow-fill-seal equipment market is segmented into direct printed, labelled, moulded, ink-jet printed and no decoration on bfs-container.
- On the basis of shape, the global blow-fill-seal equipment market is segmented into cylindrically, squared, hexagonally and irregularly.
- On the basis of end user, the global blow-fill-seal equipment market is segmented into cosmetics and personal care, pharmaceuticals, food and beverages, chemical and others.
Regional Insights: North America is expected to dominate the blow-fill-seal equipment market
North America is expected to dominate the market and grow significantly because of the increasing demand for pharmaceuticals product in this region. Moreover, drastic transformation in packaging, filling, and manufacturing of pharmaceuticals, FMCG, and other products will further boost the growth of the blow-fill-seal equipment market in this region.
In addition, the Asia-Pacific region is likely to register the highest growth rate from 2023 to 2030 because of the growing demand for blow-fill-seal equipment in this region's pharmaceutical and food and beverages industry. Furthermore, growing stringent regulatory policies will further boost the market growth in this region.
Recent Developments: Global Blow-Fill-Seal Equipment Market
- In 2021, a patent for a system technique and cold BFS packaging was announced by Woodstock Sterile Solutions, a top blow-fill-seal (BFS) manufacturing organization and contract development. The BFS manufacturing process will help reduce the temperature effect on thermally sensitive compounds, such as biologics.
- In 2020, Kroha Deutschland was purchased by AR Packaging, a top supplier of packaging solutions. This company creates boxes and folding leaflets. AR Packaging's focus on healthcare packaging will intensify due to this acquisition.
- In 2020, A US-based packaging company called Coveris purchased Plasztik-Tranzit Kft. Plasztik-Tranzit Kft provides flexible packaging options for the food industry. This acquisition aims to create high-tech packaging and expand its capabilities in the food, medicinal, and film industries.
To know more about the study, visit https://www.databridgemarketresearch.com/reports/global-blow-fill-seal-equipment-market
The Prominent Key Players Operating in the Blow-Fill-Seal Equipment Market Include:
- Rommelag Kunststoff-Maschinen VertriebsgesellschaftMBH (Germany)
- Weiler Engineering, Inc. (U.S.)
- BREVETTI ANGELA S.r.l. (Italy)
- Marchesini Group S.p.A. (Italy)
- Serac Group (France)
- Gea Group Aktiengesellschaft (Germany)
- Adinath International (India)
- Shanghai Sunway Pharmaceutical Technology Co., Ltd. (China)
- Catalent, Inc (U.S.)
- Recipharm AB (Sweden)
- Salvat (Belgium)
- Asept Pak,Inc. (U.S.)
- Rao Design International, Inc. (U.S.)
- Pharmapack Technologies Corporation (China)
- Gerresheimer AG (Germany)
- HUNAN CHINA SUN (China)
- QuadroPack (Netherland)
- Omag s.r.l (Italy)
- Foshan Coretamp Packaging Machinery Co. Ltd (China)
- Viking Masek (U.S.)
- UNITHER Pharmaceuticals (France)
- HASSIA-REDATRON (South Korea)
Above are the key players covered in the report, to know about more and exhaustive list of blow-fill-seal equipment market companies, contact: https://www.databridgemarketresearch.com/contact
Research Methodology: Global Blow-Fill-Seal Equipment Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
