FMI’s in-depth analysis of global markets associated with the blow-fill-seal technology industry has revealed a particularly promising outlook for the USA. Projections indicate that the US market is set to outperform other nations during the forecast period, poised to generate an additional revenue opportunity of nearly US$1.4 billion by the conclusion of 2031.
In North America, pharmaceutical and healthcare companies are increasingly embracing blow-fill-seal (BFS) technology to meet the rising demand for single-dose packaging. This trend towards single-dose packaging is not limited to North America but is also gaining momentum across the globe.
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Furthermore, in Latin American countries such as Brazil and Mexico, a transition from traditional aseptic packaging to advanced alternatives through blow-fill-seal technology is evident. This technology aids in enhancing patient adherence to prescribed drug regimens through convenient unit-dose packaging, marking a significant shift in the pharmaceutical industry landscape.
The global Blow Fill Seal (BFS) technology market is experiencing rapid growth due to its numerous advantages in pharmaceutical packaging. This innovative method involves forming, filling, and sealing containers in one continuous, automated process, ensuring superior product integrity and reducing contamination risks. BFS technology provides exceptional aseptic packaging for various liquid pharmaceuticals, such as eye drops, injectables, and oral solutions.
The market is witnessing significant demand from the pharmaceutical industry, driven by its cost-effectiveness, efficiency, and minimal human intervention, resulting in reduced chances of errors. Additionally, increasing focus on patient safety, shelf life extension, and streamlined manufacturing processes further fuel the market’s expansion.
Between 2022 and 2031, the global blow-fill-seal technology market is expected to develop at a 9 percent compound annual growth rate (CAGR). By 2031, it is predicted to have grown to US$ 6.2 billion. The global blow-fill-seal technology industry is bound to grow on a vigorous note between 2022 and 2031 at a CAGR of 9%. It is expected to reach US$ 6.2 Bn by the year 2031.
Blow Fill Seal (BFS) Technology is revolutionizing the pharmaceutical and healthcare industry by providing a cost-effective, efficient, and reliable method of packaging liquid and semi-solid drugs. The BFS process involves the use of a single machine to blow a plastic container, fill it with a liquid or semi-solid product, and then seal it, all in one continuous operation. This technology offers several benefits over traditional packaging methods, including increased efficiency, reduced risk of contamination, and improved product stability.
The global Blow Fill Seal Technology industry is expected to grow at a significant rate during the forecast period, due to the increasing demand for safe, efficient, and cost-effective packaging solutions in the pharmaceutical and healthcare industry. The rising adoption of BFS technology in the food and beverage industry is also driving the market growth. The increasing demand for ready-to-drink products, such as juices, sports drinks, and functional beverages, is propelling the growth of the BFS technology market in this sector.
The BFS technology market is segmented based on product type, application, and region. By product type, the market is segmented into linear BFS machines and rotary BFS machines. Linear BFS machines are expected to hold the largest share of theindustry due to their high efficiency and ease of use. By application, the market is segmented into pharmaceuticals, food and beverages, and others. The pharmaceutical segment is expected to dominate the industry due to the increasing adoption of BFS technology in the pharmaceutical industry.
In conclusion, the global Blow Fill Seal Technology industry is expected to grow at a significant rate during the forecast period due to the increasing demand for safe, efficient, and cost-effective packaging solutions in the pharmaceutical and healthcare industry. The increasing adoption of BFS technology in the food and beverage industry is also driving market growth. The rising demand for ready-to-drink products such as juices, sports drinks, and functional beverages is propelling the growth of the BFS technology market in this sector. The market is highly competitive and is expected to witness strong competition among existing and new industry players in the coming years.
Blow fill seal (BFS) technology is highly sought-after as a preferred packaging solution in pharmaceutical manufacturing. It utilizes a single integrated machine to produce formulated drugs aseptically without any human intervention. According to Future Market Insights (FMI), the BFS technology market is set to reach US$ 2.6 Bn by the end of 2021. The overall growth forecast remains positive for the industry, especially as demand for effective packaging technology continues to rise across various industries.
By using BFS technology, the plastic is blown, filled with the formulated product and sealed inside the machine continuously without any kind of external contamination. It is a fast, precise, and safe method for pharmaceutical filling and it uses lesser energy. The material used is often recyclable and more durable than glass. The machine is capable of producing different shapes according to the end user’s requirements. As BFS technology increases processing speed and supports contamination-free packaging, this technology becomes a first choice of many end users.
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Key Takeaways:
- The BFS technology industry is to exhibit 5.4% Y-o-Y growth in 2021
- The U.S. will emerge as a highly lucrative destination, accounting for over 84% of the North American market
- The U.K. is set to exhibit 8% Y-o-Y growth in 2021
- France and Germany will emerge as highly lucrative markets for BFS technology in Europe
- Japan and South Korea will continue exhibiting high demand
“Blow fill seal technology has been witnessing high demand from pharmaceutical companies in Latin America and the Asia Pacific. Unit dosage packaging, such as prefilled syringes are in high demand, which in turn is spurring the demand for blow fill seal technology in these regions” says an FMI analyst.
Blow Fill Seal Technology Aids in Curbing Medical Non-Adherence Issues
Over the past two decades, medical adherence has created a very critical situation for the healthcare & pharmaceutical industry.
For instance: in USA, according to FMI study, it has been noticed that ~40%-50% of prescribed medications are not taken by the patients appropriately. Along with this, according to a study conducted by the Intercontinental Medical Statistics (IMS) health, it has been noticed that the matter of not taking medicine appropriately at right time is costing patients more than $200 Bn.
To contain the issue, the pharmaceutical industry is continually making efforts for improving medication packaging. The industry is focusing on appropriate and easy packaging for ensuring the matter of “right dose at right time”.
Against this backdrop, the demand for technologies that can instruct the patients to take accurate dose in a timely manner is rising. Companies, especially in North America are adopting blow fill seal technology to help to ensure better drug intake in a single dose.
Blow Fill Seal Technology Market Landscape —Unither Pharmaceuticals SAS, Catalent, Inc., Curida AS, Unipharma LLC, Weiler Engineering Inc, GlaxoSmithKline plc, Takeda Pharmaceuticals International AG, Nephron Pharmaceuticals Corporation, Horizon Pharmaceutical Inc, Brevetti Angela S.R.L, Recipharm AB, Laboratorios SALVAT, S.A, The Ritedose Corporation, Unicep Packaging, LLC, Pharmapack Co. Ltd, Amanta Healthcare Ltd., Automatic Liquid Packaging Solutions LLC, Asept Pak, Inc and SIFI Spa are some of the keyplayers in the blow fill seal technology industry. The blow fill seal technology market is fragmented and the Tier 1 players in the market hold 40-45% share in the global blow fill seal technology market.
Blow Fill Seal Technology Industry by Category
By Product Type:
- Bottles
- 0.2-100 ml
- 100-500 ml
- Above 500 ml
- 0.1-10 ml
- 10-100 ml
- 0.1-10 ml
- 10-50 ml
- Ampules
- Vials
- Others(prefilled syringes & Injectables)
By Material Type:
- PE
- LDPE
- HDPE
- PP
- Others
By End Use:
- Pharmaceuticals
- Ophthalmic
- Injectables
- Biologics
- Wound Care
- Respiratory
- Food & Beverage
- Cosmetics & Personal Care
- Others
By Region:
- North America
- Latin America
- Asia Pacific Excluding Japan
- Eastern Europe
- Western Europe
- Japan
- Middle East and Africa (MEA)
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What to Expect in Our Report?
(1) A complete section of the Global Blow Fill Seal (BFS) Technology market report is dedicated to market dynamics, which include influence factors, market drivers, challenges, opportunities, and trends.
(2) Another broad section of the research study is reserved for regional analysis of the Global Blow Fill Seal (BFS) Technology market where important regions and countries are assessed for their growth potential, consumption, market share, and other vital factors indicating their market growth.
(3) Players can use the competitive analysis provided in the report to build new strategies or fine-tune their existing ones to rise above market challenges and increase their share of the Global Blow Fill Seal (BFS) Technology market.
(4) The report also discusses the competitive situation and trends and sheds light on company expansions and mergers and acquisitions taking place in the Global Blow Fill Seal (BFS) Technology market. Moreover, it brings to light the market concentration rate and market shares of top three and five players.
(5) Readers are provided with findings and conclusions of the research study provided in the Global Blow Fill Seal (BFS) Technology Market report.
Author:
Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail’s strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.
Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor’s Degree in Mathematics.
Ismail is a regular at industry conferences and expos and has been widely covered in electronic and print media. He is a Speaker at our upcoming Talk show – Rise of the Intelligent Packaging. Ismail has been quoted in leading publications, including the European Pharmaceutical Review and the European Adhesive Tape Association.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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