Research Reports
Blow-fill-seal Equipment Market 2021- Scope of Current and Future Industry 2026The global blow-fill-seal equipment market. However, the pharmaceutical industry is evaluated to hold a lion’s share to the tune of nearly 90% of the global blow-fill-seal […]
The post Blow-fill-seal Equipment Market 2021- Scope of Current and Future Industry 2026 first appeared on Market Research Blog.
Published : 3 years ago, on
The global blow-fill-seal equipment market. However, the pharmaceutical industry is evaluated to hold a lion’s share to the tune of nearly 90% of the global blow-fill-seal equipment market.
Increasing demand for aseptic packaging in the pharmaceutical industry is projected to be a critical factor driving the sales of blow-fill-seal equipment—required for packaging forms including vials, bottles, prefilled syringes, and ampoules. Moreover, the unique ability of blow-fill-seal equipment to pack formulated drugs in a clean and contamination-free environment, without any human interface, thereby increasing product safety, is also projected to increase the demand for blow-fill-seal equipment, during the assessment period 2018-2028. Other than liquid-filled containers, packaging of different types of ointments, gels, and food products including soft drinks and milk products, is also expected to influence
As per a recently released market analysis by Future Market Insights, the global blow-fill-seal equipment market is anticipated to expand at a high CAGR of 5.9% and reach a valuation of US$ 7,692. 9 Mn, poised to grow by an impressive 2.2X by the end of the forecast period.
Ever since the inception of blow-fill-seal equipment, the technology has remained a sustainable process for packaging biological products, considering its aseptic nature and high automation and low production errors. Moreover, increasing pharmaceutical demands for efficient drug packaging through smaller batch size production, efficient time-to-market, and less API waste would also drive the blow-fill-seal equipment market.
Request a Complete TOC of this Report with figures:
https://www.futuremarketinsights.com/toc/rep-gb-7388
Given the risks associated with glass vials and syringes, plastic for blow-fill-seal equipment is evaluated to dominate the global blow-fill-seal equipment market. Chances of either glass fragments entering the patient’s body or glass packaging breaking during production or transportation are some key factors complementing the demand for plastic containers made through blow-fill-seal technologies. To address packaging limitations including delamination (flaking) and breakage, the pharmaceutical industry is also moving towards alternative packaging formats like polymer containers, enabling a broad array of designs similar to blow-fill-seal packaging.
Additionally, universal acceptance of blow-fill-seal equipment and technologies by various global authorities including FDA, EMEA, and USP will further boost the growth of the global blow-fill-seal equipment market.
“The Food and Drug Administration’s (FDA’s) has characterized blow-fill-seal technology as an advanced aseptic processing machine. Government and regulatory bodies’ positive nod to BFS technology in the packaging of liquid products is a critical factor driving the blow-fill-seal equipment market, globally. However, high initial set up cost including operator training, establishing technology-specific quality systems, allocation of validation resources is projected to restrict the sales of blow-fill-seal equipment in the global market”, Lead Analyst, Packaging Industry, Future Market Insights
FMI predicts further increased adoption of blow-fill-seal equipment in the next five years, considering growing acceptance in the beverages packaging industry for in-house container development and filling. Customized blow-fill-seal equipment is expected to eliminate the need for raw material warehousing along with the handling process, especially in cold drink companies looking for efficient and economical in-house BFS packaging facilities.
Moreover, enhanced sealing and leak proofing offered by blow-fill-seal equipment are projected to drive the market, as it would further reduce the material and time consumption during secondary packaging in pharmaceutical and F&B industries. Given the growing demand for blow-fill-seal equipment for clean packaging, manufacturers are developing highly efficient with high output capacity. Increased research and development activities among manufacturers to step up the innovations in the global blow-fill-seal equipment market will further drive up the adoption.
Blow-fill-seal Equipment Market Key Segments Covered
By Production Capacity
- Up to 5,000 containers/hr.
- 5,000-10,000 containers/hr.
- Above 10,000 containers/hr.
By Product Type
- Bottles
- Ampoules
- Vials
- Prefilled Syringes & Injectable
By End-Use Industry
- Pharmaceuticals
- Food & Beverage
- Cosmetics & Personal Care
- Others
By Region
- North America
- US
- Canada
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Western Europe
- Germany
- Italy
- France
- UK
- Spain
- Benelux
- Rest of Western Europe
- Eastern Europe
- Russia
- Poland
- Rest of Eastern Europe
- Middle East & Africa (MEA)
- GCC Countries
- South Africa
- North Africa
- Turkey
- Rest of MEA
- Asia Pacific excluding Japan (APEJ)
- China
- India
- South Korea
- ASEAN
- Australia & New Zealand
- Rest of APEJ
- Japan
The global blow-fill-seal equipment market is a monopoly to Rommelag, holding close to 90% of the total market share. However, tier-3 manufacturers including Brevetti Angela S.R.L., Serac Inc. and SIPA S.p.A is expected to contribute the majority of income share in the global blow-fill-seal equipment market. In terms of forwarding market strategies, New Product Development (NPD) and strategic collaborations would be the way ahead for many top players in the global blow-fill-seal market.
The post Blow-fill-seal Equipment Market 2021- Scope of Current and Future Industry 2026 first appeared on Market Research Blog.
-
Technology4 days ago
How Web3 Adoption is Driving Use Cases Across Industries
-
Investing2 days ago
Exclusive-Kioxia sets IPO price range of 1,390-1,520 yen per share, sources say
-
Business2 days ago
Prosus nearly doubles profit in H1 on strong e-commerce, Tencent growth
-
Finance2 days ago
PZU aims to sell Alior Bank shares to Pekao under new strategy