Blow-fill-seal Technology Market Projected to Reach $386.0 million by 2023 - PowerPoint PPT Presentation

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Blow-fill-seal Technology Market Projected to Reach $386.0 million by 2023

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[139 Pages Report] Blow-fill-seal Technology Market research report categorizes the global market by Material (Polypropylene & Polyethylene), Product (Bottles, Vials, Ampoules), End-use Industry (Pharmaceutical), and Region (North & South America, Europe, Asia Pacific, Middle East & Africa). – PowerPoint PPT presentation

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Title: Blow-fill-seal Technology Market Projected to Reach $386.0 million by 2023


1
MarketsandMarkets Presents
Blow-fill-seal Technology Market Projected to
Reach 386.0 million by 2023
https//www.marketsandmarkets.com/Market-Reports/b
low-fill-seal-technology-market-151867774.html
2
The report "Blow-fill-seal Technology Market by
Material (Polypropylene Polyethylene), Product
(Bottles, Vials, Ampoules), End-use Industry
(Pharmaceutical), and Region (North South
America, Europe, Asia Pacific, Middle East
Africa) - Global Forecast to 2023", The
blow-fill-seal technology market size is
projected to grow from USD 292.3 million in 2018
to reach USD 386.0 million by 2023, at a CAGR of
5.71. Browse 160 market data Tables and 23
Figures spread through 139 Pages and in-depth TOC
on "Blow-fill-seal Technology Market - Global
Forecast to 2023 Request FREE PDF Brochure
https//www.marketsandmarkets.com/pdfdownload.asp?
id151867774 Research Methodology The research
methodology used to estimate and forecast the
market size included the top-down approach. The
total market size for blow-fill-seal technology
was calculated, and accordingly, percentages were
allotted to different sectors in each of the
segments, which were based on extensive primary
interviews and secondary research, such as the
Blow-Fill-Seal International Operators
Association (BFS IOA), Blow-fill-seal Technology
World, Blow-fill-seal Technology Magazine, and
the Packaging World. Primary research involved in
this report includes extensive interviews with
key people, such as CEOs, VPs, directors, and
executives. After arriving at the overall market
size, the total market was split into several
segments and subsegments. Data triangulation and
market breakdown procedures were employed to
complete the overall market engineering process
and arrive at the exact statistics for all
segments and subsegments.
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low-fill-seal-technology-market-151867774.html
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  • Scope of the Report
  • This research report categorizes the
    blow-fill-seal technology market based on
    material, product, end-use industry, and region.
  • Blow-Fill-Seal Technology Market, Based on
    Material
  • Polypropylene
  • Polyethylene
  • High-density Polyethylene
  • Low-density Polyethylene
  • Blow-Fill-Seal Technology Market, Based on
    product
  • Bottles
  • Vials
  • Ampoules
  • Pre-filled Syringes Injectables
  • Blow-Fill-Seal Technology Market, Based on
    End-use Industry
  • Pharmaceutical
  • Others (Chemical, Personal Care, and Food
    Beverage Sectors)

https//www.marketsandmarkets.com/Market-Reports/b
low-fill-seal-technology-market-151867774.html
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Industry Insights MarketsandMarkets projects
the growth of the blow-fill-seal technology
market from USD 292.3 million in 2018 to USD
386.0 million by 2023, at a CAGR of 5.71. The
blow-fill-seal technology market is expected to
witness high growth due to factors, such as rise
in the middle-class populations, growth in demand
from the pharmaceutical and other industries
including chemical, food beverage, and
automotive and preference for hygienic and
convenient packaging. This report has been
segmented on the basis of material, product,
end-use industry, and region. On the basis of
material, the polypropylene segment, which is
projected to be the fastest-growing market during
the forecast period, is estimated to account for
the largest share in 2018. On the basis of
product, the vials segment is estimated to
account for the largest share in 2018, while the
pharmaceutical segment is estimated to be leading
application of the blow-fill-seal technology in
2018. Both these segments are projected to grow
at the highest CAGRs between 2018 and 2023, in
their respective segments. Request FREE Sample
Pages https//www.marketsandmarkets.com/requestsa
mple.asp?id151867774 In terms of value, the
flexible blow-fill-seal technology segment is
estimated to account for the largest market share
in 2018 and is projected to grow at the highest
CAGR during the forecast period. Factors such as
rising demand for aseptic procedures and
packaging to fill parental preparations, easy and
convenient packaging, and developments in the
pharmaceutical packaging industry are fueling
market growth. Moreover, the availability of a
wide range of inventive packaging solutions is
expected to greatly influence the global demand
for the BFS technology in the near future. The
BFS technology market is projected to witness
significant growth in future due to the benefits
provided and usage in the pharmaceutical
industry. The global BFS technology market is
driven by factors, which include strong growth in
demand, especially for aseptic pharmaceutical
packaging products.
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low-fill-seal-technology-market-151867774.html
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Industry Leaders   High initial capital
investments are causing an unfavorable impact on
the profitability of the packaging industry. The
global blow-fill-seal technology market is
dominated by players, such as Catalent (US),
Recipharm (Sweden), Unither Pharmaceuticals
(France), Pharmapack (Japan), Unipharma (US),
Curida (Norway), Weiler Engineering (US), The
Ritedose Corporation (US), and Unicep Packaging
(US). Other players include Lyondellbasell (US),
Gerresheimer (Germany), BioConnection
(Netherlands), NuPharm Group (Germany), Salvat
(Spain), PrimaPharma (US), Asept Pak (US),
Plastikon (US), Birgi Mefar Group (Turkey), and
UNOLAB (Spain). These players adopted various
strategies, such as acquisitions, expansions, and
agreements to cater to the needs of the
blow-fill-seal technology market. Geographical
Scenario Asia Pacific to lead the
blow-fill-seal technology market by 2023 In
2018, the Asia Pacific region is estimated to
account for the largest share in the total market
for blow-fill-seal technology, in terms of value,
followed by North America and Europe, owing to
manufacturers focus on developing low-cost
blow-fill-seal technology options. The Asia
Pacific region is projected to register the
highest growth during the forecast period owing
to the growing demand for aseptic packaging in
pharmaceutical industries in this region. Growth
of this region is supplemented by the expansion
of the consumer industry, coupled with the
growing packaging industry in emerging economies,
such as India, Japan, and China. The
blow-fill-seal technology market in the North
American region is developed and mature the
markets in the US and Canada are projected to
grow at the highest CAGRs from 2018 to 2023.

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