Blow Fill Seal Equipment Market By Product Type (Ampoules, Bottles, Prefilled Syringes & Injectable, Vials), By Application (Pharmaceuticals, Food & Beverages, Cosmetics & Personal Care, Others) – Growth, Future Prospects and Competitive Analysis, 2019 - 2027

Increasing Demand Among the Pharmaceuticals Packaging is Driving the Blow Fill Seal Equipment Market.

Globally, the blow fill and seal equipment market is expected to rise with a CAGR of 6.2% during the forecast period, from US$300.1 Mn in 2018. The growth of this market is driven by the increasing demand for blow-fill-seal technology across pharmaceutical companies across the globe. Pharmaceutical companies are leveraging this technology for the packaging and storage of medicines. The high-aseptic packaging nature of the technology, along with the high speed of the operation, makes it a suitable option for pharmaceutical packaging.

The wide acceptance of the technology by regulatory authorities such as the FDA, EMEA, and USP is further accelerating the adoption of the equipment in the market. Furthermore, the growing demand for a convenient packaging solution, along with the rising adoption of qualitative filling techniques, is augmenting the growth of the market. However, it is the high cost of the blow-fill-seal technology that results in the rising price of the product. This is restricting the adoption of blow-fill-seal equipment. Moreover, the growing adoption of other sustainable packaging solutions also serves as a major constraint on the growth of the market.

Market Synopsis

Vials Segment is Dominating the Blow Fill Seal Equipment Market

The blow fill and seal equipment market is categorized based on the product type into bottles, ampoules, vials, prefilled syringes, and injectables. The vials segment accounted for the leading market share of over 30% of the total revenue generated in 2018. The growth of the market is driven by the increasing adoption of vials in the pharmaceuticals sector for the storage of medicines.

The vials are widely used to store liquid, powder, and capsules. It is used for primary and secondary storage of highly sensitive medicines to protect them from the external environment. Moreover, the growing use of vials in scientific research is further driving the growth of the market.

North America is Leading the Blow Fill Seal Equipment Market.

North America dominated the blow-fill-seal equipment market in 2018, with a majority share of around 35% of the revenue. The market is driven by the increasing adoption of aesthetic packaging in the region. The growing pharmaceutical packaging market is further estimated to accelerate the adoption of the blow-fill-seal equipment market. However, Asia-Pacific, followed by Europe, and other markets such as Latin America and MEA are also expected to witness significant growth during the forecast period. The expansion of the major market players in the region is augmenting the growth of the market.

The prominent players in the blow fill and seal equipment market are Bosch Packaging Technology GmbH, Brevetti Angela S.R.L., Catalent, GEA Group, Hunan CHINA SUN Pharmaceutical Machinery Co., Ltd., Marchesini Group S.p.A., Serac Inc., Recipharm Rohstoff-MaschinenVertriebsgesellschaft GmbH, Sidel S.A., SIPA S.p.A., Unither Pharmaceuticals, and Weiler Engineering.

Historical and Forecast Period

This research report presents the analysis of each segment from 2017 to 2027,considering 2018as the base year for the research. The compound annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2019 to 2027.

Report Scope by Segments

The blow fill and seal equipment market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of the global blow-fill-seal equipment market based on product type, application, and geography. Key segments covered in the report are as follows:

Key questions are answered in this report.

• What was the market size of blow fill and seal equipment in 2018, and what is the forecast up to 2027?
• Which is the largest regional market for blow fill and seal equipment?
• What are the major trends followed in the blow-fill-seal equipment market across different regions?
• Who are the key companies in the blow-fill and seal equipment market?
• What are the key strategies adopted by the leading blow-fill seal equipment companies in the market?

Unique data points of this report

• Statistics on blow fill seal equipment and spending worldwide
• Recent trends across different regions in terms of the adoption of blow-fill-seal equipment for various applications
• Notable developments are going on in the industry.
• Attractive investment propositions for segments as well as geography
• Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)

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