BFS is a technique used to produce liquid-filled small-volume and large-volume containers. This technology was originally developed in Europe and is in high demand from end-use industries in the region. BFS technique is highly adopted in the pharmaceutical industry for parental preparation filling and requires minimal human intervention. Blow-Fill-Seal is used in parental preparations filling of infusions, eye drops, and inhalation, among others. This technology has been approved as one of the appropriate methods for aseptic parental preparation fillings by various international regulatory bodies including the US Food and Drug Administration (USFDA).
“Global BFS Products Market Product Types, Applications, Trends, Opportunities – Forecast from 2019 to 2028”, is a published report by Market.us. The global market is projected to reach a value of US$ 0.5 Billion in 2028, from US$ 0.3 Billion in 2018.
Driver and Restraints: Global BFS (Blow-Fill-Seal) Products Market
Demand for the Blow-Fill-Seal technique is increasing in parallel with rapidly growing pharmaceuticals and packaging industries, which is among the major factors expected to drive growth of the target market to a significant extent. Growing healthcare industry, prevalence of various chronic diseases and infectious diseases, and increasing spending on medicines is driving growth of the healthcare industry, which is expected to have a positive impact on the target market. Factors such as demand for convenient packaging, constant innovations in packaging techniques of pharmaceuticals, growing demand and adoption of a superior technique for filling large and small volumes of parental preparation are also expected to drive growth of the market. However, higher cost of preparation of the BFS technology is leading to higher cost of the final product, which is a factor that could restrain market growth.
Segment and Region Snapshot: Global BFS (Blow-Fill-Seal) Products Market
By Type, The LDPE segment is expected to account for majority revenue share in target market. This segment is also projected to register highest CAGR of more than 6% over the 10-year forecast period. By Application, The pharmaceuticals segment is expected to account for majority share in terms of revenue in the market. This is because Blow-Fill-Seal technique is mostly adopted in the pharmaceutical industry to fill parental preparations as this technique helps to perform the process of filling with minimal or no contaminations.
By Region, The US Blow-Fill-Seal (BFS) products market is expected to account for majority revenue share as compared to that of other markets. The US market is projected to register CAGR of more than 6% over the 10-year forecast period. The Europe market is estimated to account for second-highest revenue share.
Global BFS (Blow-Fill-Seal) Products Market Segmentation:
Segmentation, by Material Type:
- Polypropylene (PP)
- High-Density Polyethylene (HDPE)
- Low-Density Polyethylene (LDPE)
- Ethylene Vinyl Alcohol (EVOH)
Segmentation, by End-use Application:
- Food & Beverage
- Cosmetics and Personal Care
Segmentation, by Region/Country:
- South America
- Southeast Asia
- South Africa
Key Players profiled in the report:
- Catalent Inc.
- Recipharm AB (publ)
- Unither Pharmaceuticals
- The Ritedose Corporation
- Unicep Packaging
- Laboratorios SALVAT S.A
- Asept Pak
- Birgi Mefar Group
- Unipharma LLC
- Weiler Engineering
- Merck & Co. Inc. (BioConnection)
- Nupharm (Nueraxpharm)