Blow Fill Seal Technology Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Material (Polyethylene, and Polypropylene), By Product (Vials, Bottles, and Ampoules), By End-User (Pharmaceuticals, Food & Beverage, Cosmetics, and Chemicals), And By Geography - Forecasts From 2019 to 2024

The blow fill seal technology market is expected to grow at a compound annual growth rate of 5.23% over the period 2019 to 2024 to reach a market size of US$473.751 million by 2024 from US$348.873 million in 2018. Blow fill seal technology refers to the manufacturing of a product in which a product is formed, filled, and sealed in a continuous process. The rising preference for convenient and hygienic packaging is expected to drive the market for blow fill seal technology. Further, the rising demand for flexible packaging coupled with increasing demand for blow fill seal technology by various industry verticals such as pharmaceutical, food & beverage among others is anticipated to fuel the market in the upcoming years. The market has been segmented on the basis of material, end-use, and geography. In the material segment, polypropylene is expected to hold a significant share in the market on account of its chemical resistance and heat resistance properties. Further, in the end-user segment, pharmaceutical is estimated to be a substantial shareholder due to the rising pharma industry across the globe coupled with the rising demand for precise dosage of medicines. Geographically, Asia Pacific is projected to grow at an appreciable rate on account of the rising pharmaceutical industry along with the growing packaging industry in developing countries like China and India.

DRIVERS

• Rising demand from various industry verticals.
• Growing preference for hygienic and easy-to-use packaging.

OPPORTUNITIES

• Increasing demand for aseptic packaging.

The major players profiled in the Blow Fill Seal Technology market include Asept Pak Inc., Unolab, NEURAXPHARM, BioConnection, LyondellBasell Industries Holding B.V., Plastikon Industries Inc., and PrimaPharma Inc. among others.

Blow Fill Seal Technology Market Scope:

Report Metric	Details
Market size value in 2018	US$348.873 million
Market size value in 2024	US$473.751 million
Growth Rate	CAGR of 5.23% from 2018 to 2024
Base year	2018
Forecast period	2019–2024
Forecast Unit (Value)	USD Million
Segments covered	Material, Product, End-User, And Geography
Regions covered	North America, South America, Europe, Middle East and Africa, Asia Pacific
Companies covered	Asept Pak, Inc., Unolab Manufacturing SL, NEURAXPHARM, BioConnection, LyondellBasell Industries Holdings B.V., Plastikon Industries, Inc., PrimaPharma, Inc., BirgiMefar, Salvat, Catalent, Inc., Recipharm AB
Customization scope	Free report customization with purchase

 

Segmentation

The blow fill seal technology market has been analyzed through the following segments:

• By Material
  • Polyethylene
  • Polypropylene
• By Product
  • Vials
  • Bottles
  • Ampoules
• By End-User
  • Pharmaceuticals
  • Food & Beverage
  • Cosmetics
  • Chemicals
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Others
  • Middle East and Africa
    • Israel
    • Others
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Others

Asept Pak, Inc.

Unolab Manufacturing SL

NEURAXPHARM

BioConnection

LyondellBasell Industries Holdings B.V.

Plastikon Industries, Inc.

PrimaPharma, Inc.

BirgiMefar

Salvat

Catalent, Inc.

Recipharm AB