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Blow Fill Seal (BFS) Technology Market Analysis- opportunities sales, revenue, Gross Margin, Outlook and Forecast To 2022

May 26, 2017

Blow Fill Seal (BFS) Technology Market Analysis- opportunities sales, revenue,  Gross Margin, Outlook and Forecast To 2022

Blow Fill Seal (BFS) technology is a procedure used to fabricate liquid-filled polymer containers as large as well as small volume (large being 100ml and above and small being 0.1ml to 99ml). This technology lets the fabrication of preservative-free single unit dosages. Because, preservatives are acknowledged as harmful elements for the mucosae of the nose, eyes, and lungs, and therefore this is huge advantage to sensitive patients. Moreover, unit dosages make sure that patients consume precise amount of products, particularly when dealing with superiorly potent compounds, in other words, those patients therapeutically active at a reduced concentration.

These sterile unit doses made from the blow fill seal technology are user0friendly and portable, both being exceptional properties for today’s active lifestyles. BFS single doses are a perfect solution for use in respiratory diseases, ophthalmology, antisepsis and wound care, and rhinology. This technology is entirely developed in Europe and has substantial requirements in Europe accompanied by North America. In order to fill up the parental preparation with relatively reduced human intervention, this technique is widely used in the pharmaceutical market. Several regulatory bodies such as the United States Food and Drug Administration (FDA) consider the BFS technology as a highly superior method for aseptic filling of parental preparation. This technology is put to use in filling of the eye drops, inhalation, infusions, and many other parental preparations.

The Global Blow Fill Seal (BFS) Technology Market was valued at USD 205.5 million in 2016 and is expected to reach USD 337.8 million by 2024, thereby registering at a considerable CAGR of 6.40% during the forecast period. Increasing packaging market and pharmaceutical market is together accountable for the growth of this market industry on a global level. Several factors that are propelling the BFS technology market are latest innovation in pharmaceutical packaging, easy and convenient packaging, and escalating need for a qualitative technique for filling parental preparation, etc. Moreover, the accessibility of broad range of inventive packaging solutions will potentially have a considerable influence on the global demand of the Blow Fill Seal technology market in the future. This technology needs a comparatively higher cost for manufacturing which results in escalated price of the final product. Taking into consideration these factors, the ultimate pricing of the product will eventually elevate and this might act a market barrier for this industry. Increasing demand for a aseptic packaging and regulatory measures on the pharmaceutical products’ packaging are the two main key trends of this market industry.

The major market manufacturers of the global blow Fill Seal (BFS) technology market are

Rommelag Kunststoff-Maschinen Vertriebsgesellschaft, Weiler Engineering, Inc., Pharmapack Co., Ltd., Mahanagar Engineering Pvt. Ltd., Catalent, Inc, HealthStar, Unither Pharmaceuticals, Takeda Pharmaceuticals International, Horizon Pharmaceuticals, Unipharma, Nephron Pharmaceuticals Corporation, Weiler Engineering, and Brevetti Angela, Wuxi Jingpai Machinery Co., Ltd., Hunan Chinasun Pharmaceutical Machinery Co., Ltd., Albasit India Packaging, WUXI JIUMING MACHINERY CO., LTD, Shanghai Sunway Science & Technology Co.,Ltd., Shanghai Sunway International Trade Co., Ltd., SAN TUNG MACHINE INDUSTRY CO., LTD., Shantou Jinping Shunyi Packing Machinery Plant, AUTOMATIC LIQUID PACKAGING SOLUTIONS, LLC, Companies-Filling Machines Division, Labh Group of ADINATH INTERNATIONAL, and Hunan FE Pharmaceutical Machinery Co., Ltd.

Geographically, this markt industry has been segmented into regions like Japan, China, United States, India and Southeast Asia. Based on the product type, the market is segmented into LDPE (Low Density Polyethylene), PP (Polypropylene), PE (Polyethylene), PE (Polyethylene), and others (EVOH (Ethylene Vinyl Alcohol, etc.). The end user applications of this market are food and beverages, pharmaceutical, personal care, cosmetics and others.

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