The global blow-fill-seal equipment market is estimated to be around US$ 2.2 billion in 2023. The market is anticipated to register a CAGR of 3.3% from 2023 to 2033. The worldwide demand for blow-fill-seal equipment, in terms of value, is expected to reach US$ 2.9 billion by 2033.
Rapid development in the global packaging industry has triggered the use of bow-fill-seal equipment and technology for pharmaceuticals and food & beverage packaging. The unique ability of BFS equipment to pack formulated drugs in a clean and sterilized environment boosted the demand from these two sectors during the pandemic years.
Request for a sample of this research report: https://www.futuremarketinsights.com/reports/sample/rep-gb-7388
Demand for BFS equipment surged during the pandemic years of 2020 and 2021 with the growing demand for hygienic and contamination-free packaging. Following the outbreak of COVID-19, consumers became increasingly conscious regarding the packaging of food and beverage products, leading to higher adoption of BFS equipment.
The pharmaceutical segment is projected to contribute over 90% of sales in the global blow-fill-seal equipment market. The unique ability of BFS equipment to pack formulated drugs in a clean environment, without any human interference is projected to fuel market growth. Countries such as India and China extensively ordered the BFS equipment to ensure the drugs are used once through this packaging format.
Key Takeaways from the Blow-Fill-Seal Equipment Market Study
- The United States is the leading market in the adoption of blow-fill-seal equipment and is poised to advance at 2.3% CAGR through 2033.
- In Europe, the United Kingdom could witness higher adoption of blow-fill-seal equipment, advancing at 3.5% CAGR.
- In Asia, China is recognized to be the most lucrative market for blow-fill-seal equipment, and sales are expected to rise at a CAGR of 5.1% through 2033.
- India is another remarkably emerging market for blow-fill-seal equipment in Asia, with an annual growth rate for blow-fill-seal equipment pegged as high as 5.7% through 2033.
Ready to Learn About Our Approach? Explore Our Methodology: https://www.futuremarketinsights.com/request-report-methodology/rep-gb-7388
Key Segmentations:
By Production Capacity:
- Up to 5,000 containers/hr.
- 5,000-10,000 containers/hr.
- Above 10,000 containers/hr.
By Product Type:
- Bottles
- Ampoules
- Vials
- Prefilled Syringes & Injectable
By End-use Industry:
- Pharmaceuticals
- Food & Beverage
- Cosmetics & Personal Care
- Other End-use Industries
By Regional Markets:
- North America Market
- Latin America Market
- Western Europe Market
- Eastern Europe Market
- Asia Pacific excluding Japan (APEJ) Market
- Middle East & Africa (MEA) Market
- Japan Market