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Fior Markets launched a study titled “Blow-Fill-Seal TechnologyMarket by Material (Polypropylene, Polyethylene), Product (Bottles, Vials, Others) End Use Industry, Regions”,and Global Forecast 2018-2025.

The global blow-fill-seal technology market is expected to grow from USD 285.47 Million in 2017 to USD 452.13 Million by 2025, at a CAGR of 5.92% during the forecast period from 2018-2025. Increasing demand for the advanced packaging solutions from the pharmaceuticals, food and beverages industry is projected to propel the global blow-fill-seal technology market.

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Polypropylene segment had a market value of USD 41.33 million revenue in 2017

The material segment is divided into polypropylene and polyethylene. Polypropylene is a multipurpose and cost-effective raw material and it is widely used in the packaging of single unit dose drug products. Due to its property for high resistance to a wide variety of chemical solutions, such as acids and solvents with a wide temperature range of up to 10000C, Polypropylene segment led the global BFS market with USD 41.33 million revenue in 2017.

Bottles segment is anticipated to grow at a CAGR of 7.63% in 2018-2025

Product segment is classified into bottles, vials, ampoules, and pre-filled syringes and injectable. The vials segment emerged as the dominant segment in the global BFS market with USD 26.24 million revenue in 2017. Due to their lightweight and easy to carry properties bottles segment is projected to grow at an accelerated CAGR of 7.63% over the forecast period.

Pharmaceuticals segment had a market value of USD 43.01 million revenue in 2017

End user is segmented into pharmaceuticals, food & beverages and others. There is a huge demand for the aseptic packaging solutions for the pharmaceuticals industry. Thus pharmaceuticals emerged as the leading end user segment in the global BFS market USD 43.01 million revenue in 2017. Food and beverages segment is projected to grow at a steady pace over the forecasted period.

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Regional Segmentation Analysis:

The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. Asia Pacific region is anticipated to grow at an accelerated CAGR of 8.04% over the forecast period. Factors such as rapid development of the pharmaceuticals and food and beverages industry in the region. Presence of major pharmaceutical firms and well-developed food and beverages industry have led the North America region also accounted for a significant share of the global blow-fill-seal technology market in 2017.

Competitive Analysis:

Major players in the global blow-fill-seal technology market areCatalent, Recipharm, Rommelag, Unither Pharmaceuticals, Pharmapack, Unipharma, Curida, Weiler Engineering, The Ritedose Corporation, Unicep Packaging, HealthStar, Automatic Liquid Packaging Solutions, Llc, Pharmapack Co., Ltd., Mahanagar Engineering Pvt. Ltd, Amanta Healthcare Ltd., GlaxoSmithKline plc., Takeda Pharmaceuticals International AG, Nephron Pharmaceuticals Corporation, Horizon Pharmaceuticals, Inc., Brevetti Angela S.R.L.,SIFI S.p.A, Laboratorios,Salvat, S.A.,PiramalPharma Solutions, and among others.

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