Global Blow-Fill-Seal Technology Market, By Product (Bottles, Ampoules, Vials and Other), Material (Polyethylene (PE), Polypropylene (PP) and Others), End User Industry (Pharmaceuticals, Food and Beverages, Cosmetics and Personal Care and Others), Specification (Small Volume and Large Volume), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Data Bridge Market Research analyses that the blow-fill-seal technology market will project a CAGR of 7.01% for the forecast period of 2021-2028. Rising focus on the packaging product innovations by the manufacturers, growth and expansion of packaging industry especially in the developing economies like India and China, surging popularity of ascetic packaging solutions and increased personal disposable income are the factors driving the growth of blow-fill-seal technology market.
Blow-fill-seal technology refers to the technology that is used to manufacture liquid-filled polymer containers. The blow-fill-seal technology is regarded as a superior method for aseptic filling of parental preparation. Commonly used materials to manufacture liquid-filled polymer containers with the help of blow-fill-seal technology are polyethylene (PE) and polypropylene (PP).
Rising demand for qualitative procedure for filling parental preparation is driving the growth in the market value. Growing demand from the food and beverages industry and growth and expansion of the pharmaceuticals industry especially in the developing economies will further induce growth in the market value. Rising proliferation of e-commerce industry especially in the developing economies, growing demand for inventive packaging solutions are some other market growth determinants. Also, increasing modernization, increased focus on the product customization by the major manufacturers, surging consumption of single unit dose drug products and increasing personal disposable income are some other indirect factors that will also promote the market growth rate.
However, fluctuations in the prices of raw packaging materials will create hindrances for the market growth rate. Rising costs of innovative packaging solutions will further dampen the market growth rate. Rising environmental concerns and stringent regulations imposed by the government on the application of plastic will also derail the market growth rate. Also, growing availability of alternatives in the market will hamper the market growth rate.
This blow-fill-seal technology market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on blow-fill-seal technology market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Blow-Fill-Seal Technology Market Scope and Market Size
Global blow-fill-seal technology market is segmented on the basis of product, material, end user industry and specification. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product, the blow-fill-seal technology market is segmented into bottles, ampoules, vials and other. Bottles segment is sub-segmented into 0.2-100ml, 100-500ml and above 500ml. Ampoules segment is sub-segmented into 0.1-10ml and 10-100ml. Vials segment is sub-segmented into 0.1-10ml and 10-50ml.
- On the basis of material, the blow-fill-seal technology market is segmented into polyethylene (PE), polypropylene (PP) and others. Polyethylene (PE) segment is sub-segmented into low density polyethylene (LDPE) and high density polyethylene (HDPE).
- On the basis of end user industry, the blow-fill-seal technology market is segmented into pharmaceuticals, food and beverages, cosmetics and personal care and others. Pharmaceuticals segment is sub-segmented into ophthalmic, injectable, biologics, wound care and respiratory.
- On the basis of specification, the blow-fill-seal technology market is segmented into small volume and large volume.
Blow-Fill-Seal Technology Market Country Level Analysis
The global blow-fill-seal technology market is analysed and market size insights and trends are provided by country, product, material, end user industry and specification as referenced above.
The countries covered in the blow-fill-seal technology market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America region dominates the blow-fill-seal technology market and will continue to flourish its trend of dominance during the forecast period owing to the presence of extensive number of local players and growing demand for hygienic packaging to avoid contamination of drugs. Asia-Pacific will however register the highest CAGR for this period. Availability of raw materials, rising urbanisation, growth and expansion of pharmaceuticals industry and increasing personal disposable income are some important market growth determinants.
The country section of the blow-fill-seal technology market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Blow-Fill-Seal Technology Market Share Analysis
The blow-fill-seal technology market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to blow-fill-seal technology market.
The major players covered in the blow-fill-seal technology market report Recipharm AB (publ)., Catalent, Inc, Unipharma, GlaxoSmithKline plc., Horizon Therapeutics plc, SALVAT, Amanta Healthcare, Asept Pak, Inc., SIFI S.p.A, BREVETTI ANGELA S.r.l., Nephron Pharmaceuticals Corporation, Curida AS, Rommelag Kunststoff-Maschinen Vertriebsgesellschaft mbH, Unither, The Ritedose Corporation., Hanshin International Limited., Unicep, Plastion Industries, Inc. and LyondellBasell Industries Holdings B.V. among other global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.