The global blow-fill-seal equipment market is estimated to be around US$ 2.2 billion in 2023. The market is anticipated to register a CAGR of 3.3% from 2023 to 2033. The worldwide demand for blow-fill-seal equipment, in terms of value, is expected to reach US$ 2.9 billion by 2033.
This packaging technology integrates blow molding, filling, and sealing processes into a single automated system, primarily used in pharmaceutical and food industries for producing unit-dose containers.
The growth of the BFS equipment market is driven by several factors. Firstly, increasing demand for efficient and sterile packaging solutions in pharmaceuticals due to stringent regulatory requirements is a major driver. BFS technology offers advantages such as reduced risk of contamination and improved product integrity, which are crucial in pharmaceutical packaging. Secondly, in the food and beverage sector, BFS systems are valued for their ability to extend shelf life and maintain product freshness, contributing to their adoption.
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Additionally, technological advancements enhancing the speed and efficiency of BFS systems further propel market growth. These innovations cater to the rising demand for faster production rates and higher output capacities, especially in developing regions experiencing rapid industrialization.
“Rising demand for aseptic drug delivery has bolstered the need for prefilled syringes and injectables. To enhance the drug’s shelf life and efficacy, healthcare companies are adopting BFS technology, propelling sales of blow-fill-seal equipment,” says an analyst at FMI.
Key Takeaways from the Blow-Fill-Seal Equipment Market Study
- The United States is the leading market in the adoption of blow-fill-seal equipment and is poised to advance at 2.3% CAGR through 2033.
- In Europe, the United Kingdom could witness higher adoption of blow-fill-seal equipment, advancing at 3.5% CAGR.
- In Asia, China is recognized to be the most lucrative market for blow-fill-seal equipment, and sales are expected to rise at a CAGR of 5.1% through 2033.
- India is another remarkably emerging market for blow-fill-seal equipment in Asia, with an annual growth rate for blow-fill-seal equipment pegged as high as 5.7% through 2033.
Competitive Landscape for the Blow-fill-seal Equipment Market
Due to the presence of a large number of market players providing blow-fill-seal (BPS) packaging machines, the overall market tends to be highly fragmented and diversified. Leading blow-fill-seal equipment industry players are employing market strategies to scale their business, including mergers and acquisitions, joint ventures, and distribution channel diversification.
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Several end users requiring efficient packaging still use blow-fill-seal equipment and technology to ensure product safety, especially in the food & beverage and pharmaceutical industries. On top of that, increasing consumption of soft drinks and milk products is expected to create a conducive environment for the BFS equipment market.
Recent Developments in the Blow-fill-seal Equipment Industry
- Woodstock Sterile Solutions developed a new system technique and cold BFS packaging that can help reduce the temperature effect on molecules, including biologics. The Leading blow-fill-seal (BFS) manufacturing company received a patent for this new technique in the United States in December 2021.
- Leading packaging solutions company AR Packaging purchased Kroha, which makes cartons and folding pamphlets in Germany, in November 2020. AR Packaging Company aims to concentrate more on healthcare packaging across European countries as a result of this purchase.
- A renowned packaging firm called Coveris, which is based in the United States, purchased Plasztik-Tranzit Kft in March 2020. The acquisition aims to increase the company’s capabilities for blow-fill-seal packaging in the food, medical, and film industries while producing flexible packaging solutions.
Blow-fill-seal Equipment Market by Category
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
- Other End-use Industries
By Regional Markets:
- North America Market
- Latin America Market
- Western Europe Market
- Eastern Europe Market
- Asia Pacific excluding Japan (APEJ) Market
- Middle East & Africa (MEA) Market
- Japan Market
About Future Market Insights Inc. (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 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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