Global Blow Fill Seal (BFS) Technology Market is segmented By Product (Bottles, Ophthalmic and inhalation, Syringes and injectables, Vials, Drugs, Ampoules, and Others), By Raw Materials (Low-density polyethylene (LDPE), Polypropylene, and Others), By Technology (Fully automatic, Semi-automatic, Manual), By Capacity (Small Capacity (1 ml to 100 mL), Large Capacity (above 100 mL)), By End-User (Food & Beverages, Pharmaceuticals, Personal care, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031
Blow Fill Seal (BFS) Technology Market Overview
Global Blow Fill Seal (BFS) Technology Market is expected to grow at a CAGR of 8.1% during the forecast period 2024-2031
Blow fill seal (BFS) technology is used to fill a variety of liquids from small to large volumes into containers. Technology is more prevalent in pharmaceutical, food, and beverage processing and many more industries. The BFS technology has received U.S. Food and Drug Administration (FDA) approval for sage in a superior form of aseptic processing for producing medicines of pharmaceutical and healthcare products.
The technology consists of various processes including extrusion, molding, sealing, and filling in a single process without the use of any external intervention. The fully automatic BFS technology includes a process for filling and sealing in a single process which provides maximum process and product reliability with precision filling.
Hence blow fill seal (BFS) technology is preferred in a wide variety of applications including pharmaceuticals, cosmetic creams, nutraceuticals, food & beverages, and many others.
Blow Fill Seal (BFS) Technology Market Scope
|
Metrics |
Details |
|
Market CAGR |
8.1% |
|
Segments Covered |
By Product, By Raw Materials, By Technology, By Capacity, By End-User, and By Region |
|
Report Insights Covered |
Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other vital insights. |
|
Fastest Growing Region |
Asia Pacific |
|
Largest Market Share |
North America |
To Get a Free Sample Click here
Blow Fill Seal (BFS) Technology Market Dynamics
The market is driven by the rising demand for blow fill seal (BFS) technology for reducing human intervention by reducing the risk of microbial contamination and foreign particulates in the manufacturing of pharmaceuticals. BFS technology is widely accepted for continuous filling of pharmaceutical liquid, and drugs in small containers, as well as larger volume containers such as dextrose and saline solutions.
According to the (IFPMA) in 2020, the global pharmaceutical market was estimated to reach approximately US$ 1,430 billion. It propels the demand for the BFS technology market used in the manufacturing of pharmaceutical drugs. However high cost of automation requires the blow fill seal (BFS) technology hinders market growth.
There is rising technological advancement for rapid, more accurate, and risk-free, automated blow fills seal technology by mitigating human intervention has created a huge opportunity for this market. For instance on 26th March Jefferies Financial Group supported ApiJect Systems America (ApiJect), a public-benefit corporation the first private-sector company.
The support is provided for developing a high-volume packaging solution using advanced technology of a new consortium called Rapid Aseptic Packaging of Injectable Drugs (RAPID) with the help of Blow-Fill-Seal (BFS) technology. It helps to surge capacity “to fill and finish, on a rapid basis, with hundreds of millions of prefilled syringes to respond quickly during health emergencies such as the novel coronavirus outbreak.
Blow Fill Seal (BFS) Technology Market Segment Analysis
The global blow fills seal (BFS) technology market is segmented based on the product, raw materials, technology, capacity, end-user, and region.
In terms of product, the global blow fill seal (BFS) technology market is bifurcated into bottles, ophthalmic and inhalation, syringes, injectables, vials, drugs, ampoules, and others. Among these bottles, the segment has the highest market share in 2019 for the BFS technology market owing to rising demand for bottles for several purposes including drinking, medicines, food & beverages, etc. Similarly, ophthalmic and inhalation, syringes and injectables, vials, drugs, and ampoules segments are also growing at a faster pace owing to rising the demand for syringes, vials, and drugs due to the rising prevalence of infectious diseases. According to Worldometer Data, the global prevalence of coronavirus infection reached more than 27.49 million cases with 0.89 million deaths. This has propelled the demand for syringes, injectables drugs, and ophthalmic and inhalation devices to cure Covid-19 patients.
Depending upon the raw material, the global BFS technology market is divided into Low-density polyethylene (LDPE), Polypropylene, and others. Among this Polypropylene, the segment has the highest market share owing to rising consumption in the manufacturing of pharmaceuticals, food, and beverages plastic cans, bottles, and many others.
Similarly, the low-density polyethylene (LDPE) segment is also growing at a faster pace owing to raising the demand for LDPE for packing fast-moving consumer goods including milk, dairy products, and cold drinks using BFS technology.
Based on the technology, the global BFS technology market is segmented into fully automatic, semi-automatic, and manual. Among these fully automatic BFS technology has the highest market share owing to raising its usage in the pharmaceutical industries to avoid contaminations by mitigating human intervention while manufacturing drugs and medicines.
Similarly, semi-automatic and manual segments are also growing owing to increasing the demand for food & beverages and personal healthcare products around the globe.
In terms of capacity, the global BFS technology market is segmented into Small Volumes (0.1 ml to 100 mL) and large volumes (above 100 mL). Among this small volume, the segment has the highest market share owing to increasing demand for personal care products including eye drops, medicines, inhalation, syringes, injectables, vials, and ophthalmics.
Similarly, large volume (above 100 mL) segments are also growing at a faster pace owing to rising demand for the food & beverages industries.
Depending on the end-user, the global Blow Fill Seal (BFS) Technology market is divided into food & beverages, pharmaceutical, personal care, and others. Among these, pharmaceuticals had the highest market share in 2019 owing to the rising development of new medicines with a surge in global research and development spending for new drugs.
Further, food & beverages, and personal care segments are also growing at the fastest speed owing to increasing the demand for personal and beauty care products which requires BFS technology for filling these products to avoid contamination. According to the Global Wellness Institute Organization in 2017, the global personal care, beauty, and anti-aging products were valued at around US$1,083 billion which propels the BFS technology market in this sector.
Blow Fill Seal (BFS) Technology Market Geographical Share
By region, the global blow fill seal (BFS) technology market is segmented into North America, South America, Europe, Asia-Pacific, Middle-East, and Africa. Among all of the regions, North America is the dominant region for the global blow fill seal (BFS) technology market and is expected to grow at the highest CAGR during the forecasted period due to growing pharmaceutical industry development owing to the prevalence of infectious diseases such as Covid-19, etc.
The demand for BFS technology in this region is also driven by the presence and implementation of advanced technology for manufacturing new drug discovery. According to the IFPMA, the United States has around 40% of the global pharmaceutical market share followed by Europe. This propels the demand for advanced packaging solutions requires in this industry.
Further Asia-Pacific region is also growing at a faster pace for the blow-fill technology market owing to the growing demand by the food & beverages, cosmetics, and personal care products industries followed by the pharmaceuticals sector. According to the International Trade Association in Asia-Pacific countries including China, India, Japan, and Australia has the presence of several manufacturing facilities related to personal care & cosmetics products which were valued at around US$ 1 billion in 2015. This propels the demand for BFS technology solutions for the packaging and filling of cosmetics creams and many other products.
Blow Fill Seal (BFS) Technology Market Companies and Competitive Landscape
The global blow fill seal (BFS) technology market is highly competitive with the presence of several international and local markets. Product diversification, revenue generation, and opportunities intensify the market competition. Hunan Chinasun Pharmaceutical Machinery Co., Ltd., Unither, Rommelag, HealthStar, Shanghai Sunway International Trade Co., Ltd., AUTOMATIC LIQUID PACKAGING SOLUTIONS, LLC, Weiler Engineering, Inc., Pharmapack Co., Ltd., Mahanagar Engineering Pvt. Ltd., Catalent, Inc, Albasit India Packaging and Wuxi Jingpai Machinery Co., Ltd., are the leading market players with significant market share.
Companies are entering into collaborations, acquisitions, mergers, and licensing for increasing their market penetration. For instance, on 19th June 2019, Catalent the leading liquid packaging solutions provider for the pharmaceutical industry completed the acquisition of the Bristol-Myers Squibb Manufacturing Facility at Anagni, Italy. This acquisition has enhanced the strategic development and commercialization of new medicines using advanced technology of blow fill seal. It helped with state-of-the-art sterile biologics fill/finish and oral solids manufacturing and packaging platforms.
Further 14th March 2018, Recipharm expanded its manufacturing facility with an investment of around US$ 21 million by installing new blow-fill-seal machinery at Kaysersberg, France. This has enhanced the capacity total number of lines to eight and increased the facility’s manufacturing capacity by 200 million unit doses/year with the other companies' manufacturing capacity rising to over 1.2 billion unit doses/year.
