Blow-Fill-Seal Technology Market 2024 : Industry Analysis, Trends, Segmentation, Regional Overview And Forecast 2033Posted by Amruta Pritam on April 29th, 2024 Overview and Scope Blow-fill-seal (BFS) technology is an aseptic manufacturing technique in which the container is created, filled, and sealed in a single continuous, automated system. The objective of blow-fill-seal technology is to lower the possibility of microbial contamination and foreign particles while reducing human participation. Sizing and Forecast The blow-fill-seal technology market size has grown rapidly in recent years. It will grow from .28 billion in 2023 to .64 billion in 2024 at a compound annual growth rate (CAGR) of 11.0%. The growth in the historic period can be attributed to continuous improvement and standardization, global market penetration, packaging design flexibility, reduced environmental impact, production scalability.. The blow-fill-seal technology market size is expected to see rapid growth in the next few years. It will grow to .67 billion in 2028 at a compound annual growth rate (CAGR) of 11.7%. The growth in the forecast period can be attributed to expansion across industries, increased demand for sterile packaging, focus on convenience and safety, rise in unit dose packaging, demand for personalized medicine.. Major trends in the forecast period include diversification into various sectors, shift towards unit dose packaging, industry 4.0 integration, rise in biologics and vaccines packaging.. To access more details regarding this report, visit the link: https://www.thebusinessresearchcompany.com/report/blow-fill-seal-technology-global-market-report Segmentation & Regional Insights The blow-fill-seal technology market covered in this report is segmented – 1) By Product Type: Bottles, Ampoules, Vials, Prefilled Syringes and Injectable 2) By Material Type: Polyethylene (PE) , Polypropylene (PP) , Other Materials 3) By Specification: Small Volume, Large Volume 4) By End Use: Pharmaceuticals, Food and Beverage, Cosmetics and Personal Care, Other End Users North America was the largest region in the blow-fill-seal technology market in 2023. The regions covered in the blow-fill-seal technology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Intrigued to explore the contents? Secure your hands-on sample copy of the report: https://www.thebusinessresearchcompany.com/sample.aspx?id=8289&type=smp Major Driver Impacting Market Growth The increasing pharmaceutical industry is expected to propel the growth of the blow-fill-seal technology market going forward. The pharmaceutical industry is associated with the research, development, and production of pharmaceuticals and remedies. Blow-fill seal (BFS) technology helps to package products to protect them from physical damage, chemical contamination, and microbiological contamination. For instance, according to the Indian Economic Survey 2021, released by the Ministry of Finance, Government of India, India’s domestic pharmaceutical market stood at US$ 42 billion in 2021 and is likely to reach US$ 65 billion by 2024 and further expand to reach US$ 120-130 billion by 2030. Therefore, the increasing pharmaceutical industry is driving the growth of the blow-fill-seal technology market. Key Industry Players Major companies operating in the blow-fill-seal technology market report are Amanta Healthcare Ltd., Unither Pharmaceuticals SAS, Curida AS, Unipharma LLC, Weiler Engineering Inc., GlaxoSmithKline plc, Nephron Pharmaceuticals Corporation, Horizon Therapeutics plc, Brevetti Angela SRL, Recipharm AB, Rommelag Kunststoff-Maschinen Vertriebsgesellschaft mbH, Unicep Packaging LLC, Mahanagar Engineering Pvt. Ltd., Catalent Inc., The Ritedose Corporation, LyondellBasell Industries NV, Nupharma Group, Birgi Mefar Group, Takeda Pharmaceutical Company Limited, Pfizer Inc., Sanofi SA, Novartis International AG, Merck & Co. Inc., Johnson & Johnson Private Limited, Teva Pharmaceutical Industries Ltd., AstraZeneca plc, F Hoffmann-La Roche Ltd., Fresenius Kabi AG, B. Braun Melsungen AG, Sandoz International GmbH, Baxter International Inc., West Pharmaceutical Services Inc., Gerresheimer AG The blow-fill-seal technology market report table of contents includes: 1. Executive Summary 2. Market Characteristics 3. Market Trends And Strategies 4. Impact Of COVID-19 5. Market Size And Growth 6. Segmentation 7. Regional And Country Analysis . . . 27. Competitive Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis Explore the trending research reports from TBRC: Contact Us: The Business Research Company Europe: +44 207 1930 708 Asia: +91 88972 63534 Americas: +1 315 623 0293 Email: info@tbrc.info Like it? Share it!More by this author
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