The net worth of the blow-fill-seal equipment industry is estimated to be roughly USD 2.2 billion in the current year 2023. The global blow-fill-seal equipment market is projected to expand at a CAGR of 3.3% during the forecast period from 2023 to 2033.
Additionally, the overall sales of blow-fill-seal (BFS) equipment, in terms of value, are expected to surpass USD 2.9 billion by the end of 2033.
Blow-fill-seal Equipment Market Trends:
| Report Attributes or Data Points | Details |
|---|---|
| Estimated Global Market Size in 2023 | USD 2.2 billion |
| Forecasted Global Market Size by 2033 | USD 2.9 billion |
| Projected Global Market Growth Rate from 2023 to 2033 | 3.3% CAGR |
| Collective Value Share of 5 Top Performing Countries in 2022 | 9% |
| Particulars | Details |
|---|---|
| H1 2021 | 6.6% |
| H1 2022 Projected | 6.5% |
| H1 2022 Expected | 6.7% |
| BPS Change - H1, 2022 (O) - H1, 2022 (P) | (+) 20 ↑ |
| BPS Change - H1, 2022 (O) - H1, 2021 | (+) 10 ↑ |
The blow-fill-seal (BFS) product market surged by ten basis share points (BPS) in H1-2022 (O) against comparison with H1-2021, according to our analysis. Comparing the H1-2022 projected and H1-2022 outlook period, a rise in BPS change by 20 BPS has been noticed.
The key reason for this change in growth rate is due to high-speed blow-fill seal equipment and blow-fill seal for aseptic packaging without human interpretation.
The figures obtained by a survey of global blow-fill-seal equipment market demand during the historical period from 2018 to 2022 have shown a notable downturn. Worldwide sales of machines for blow-fill-seal technology surged at 4.4% CAGR during this period. By the end of 2022, the net worth of the market reached almost USD 2.1 billion.
| Global Blow Fill Seal Equipment Market Size in 2022 | USD 2.1 billion |
|---|---|
| Historical CAGR from 2018 to 2022 | 4.4% |
Following the outbreak of COVID-19, the demand for safe and contamination-free packaging increased exponentially, accelerating the demand for BFS equipment. With the rising demand for aseptic packaging in the pharmaceutical industry, sales of BFS equipment increased during the historical period.
The global blow-fill-seal equipment market is projected to witness robust growth, with sales increasing by 1.4x from 2023 to 2033. Emerging market trends in the blow-fill-seal packaging industry are projected to propel the overall market at a 3.3% CAGR through 2033.
In recent years, the growing production of pharmaceutical drugs and increasing transportation of vaccines has provided impetus to the higher adoption of blow-fill-seal (BFS) packaging machines.
So, with favorable government initiatives and the adoption of innovative pharmaceutical packaging, demand for BFS equipment is expected to gain traction over the forecast period.
Unit dose-packaging solutions, such as the growing demand for BFS syringes, are creating lucrative growth opportunities for BFS equipment manufacturers. Also, demand for innovative and safe packaging, especially following the rising sales of packaged food and beverages, has increased the demand for BFS equipment.
With the increasing need for aseptic packaging for chemicals and drugs, the pharmaceutical industry is expected to hold over 90% of overall sales in the market. Besides liquid-filled containers, BFS equipment is also used to package ointments, gels, vaccines, and other drugs.
Additionally, universal acceptance of BFS equipment, especially by healthcare authorities such as the FDA, is boosting the demand for blow-fill-seal equipment in the pharmaceutical industry.
The table below can give you an idea of how different regional markets for blow-fill-seal equipment are going to progress over the next ten years. The countries in North America and Europe seem to have a growth trend.
Meanwhile, the performance of the blow-fill-seal equipment market in Asia and the Middle East & Africa could be more lucrative than other regions.
| Countries | CAGR (2023 to 2033) |
|---|---|
| United States | 2.3% |
| Germany | 1.2% |
| United Kingdom | 3.5% |
| India | 5.7% |
| China | 5.1% |
China is considered to be one of the largest pharmaceutical industries across the globe. According to the US Food and Drug Administration (FDA), China maintains around 13% of all regulated drugs and active pharmaceutical ingredients facilities across the globe.
Over the next ten years, the China form-fill-seal machine market is forecasted to experience a CAGR of 5.1%. Favorable government policies and increasing demand for safe and innovative packaging are expected to make China the most lucrative market in East Asia.
The United Kingdom is predicted to hold lucrative opportunities for market players. The market is expected to grow at a CAGR of 3.5% through 2033.
With the increasing development and adoption of liquid drugs, the need for safe and aseptic packaging could surge the United Kingdom's blow-fill-seal equipment market share. Hence, key players in Europe are eyeing the United Kingdom market to increase their revenues against the backdrop of increasing pharmaceutical drug production.
Over the coming years, India is expected to be the most lucrative market in East Asia for blow-fill-seal equipment. The market is expected to record a CAGR of 5.7%, attributable to the growing development of the packaging industry.
Additionally, increasing consumption of soft drinks and milk products across the country is also propelling growth in the market. However, high costs and complex operating standards might impede blow-fill-seal (BFS) packaging equipment sales in India.
Demand for blow-fill-seal equipment is high across several industries related to consumer goods in the United States and is anticipated to register a 2.3% CAGR through 2033.
The United States blow-fill-seal equipment market is expected to hold a sizable share of demand across North America. The strong presence of numerous leading companies and their higher investment in the growth of polymer-based prefilled syringes is expected to fuel market performance in the future.
On account of a huge industrial base, the market share of BFSI security devices is poised to advance at 1.5% CAGR from 2023 to 2033.
The requirement for aseptic and advanced packaging for liquid drugs and to improve product efficiency is increasing in Germany. Hence, key players in Germany are focusing on the expansion of their product portfolio and supply chain network to create remunerative revenues.
In terms of product type, the nestable blow-fill-seal equipment segment dominates the global market with a 49.5% revenue share in 2023. Increasing production of unit doses and the need for aseptic packaging are facilitating growth in this segment.
| Attributes | Details |
|---|---|
| Top Product Type | Nestable |
| Market Share in 2023 | 49.5% |
Blow-fill-seal (BFS) packaging equipment ensures that the product is not used more than once. Hence, healthcare companies are promoting the use of BFS technology and machines to curb the impact of communicable diseases. Despite these prospects, the improved sealing and leak prevention provided by HDPE is expected to drive growth in this segment.
| Attributes | Details |
|---|---|
| Top Material Type | HDPE |
| Market Share in 2023 | 67.1% |
A comparison and review analysis of the dynamics of the blow-fill-seal equipment market, the sealed wax packaging market, and the center sealed pouch packaging market have been provided in the section below.
The emerging trends in these three industries are principally subjected to an array of factors along with a few definite influences regarding the rising possibility of microbial contamination of the products that could restrain the growth of the blow-fill-seal equipment market.
Recent Developments in the Blow-fill-seal Equipment Market:
| Attribute | Details |
|---|---|
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2018 to 2022 |
| Market Analysis | USD million or billion for Value |
| Key Regions Covered | North America; Latin America; Western Europe; Eastern Europe; Asia Pacific; Middle East & Africa (MEA) |
| Key Countries Covered | United States, Canada, Brazil, Mexico, Germany, United Kingdom, France, Italy, Spain, Nordic, Russia, Poland, China, India, Thailand, Indonesia, Australia and New Zealand, Japan, GCC countries, North Africa, South Africa, and others. |
| Key Market Segments Covered | By Production Capacity, By Product Type, By End-Use Industry, and By Region |
| Key Companies Profiled | Rommelag Kunststoff- Maschinen Vertriebsgesellschaft GmbH; Hunan CHINASUN Pharmaceutical Machinery Co. Ltd.; Bosch Packaging Technology GmbH; Weiler Engineering Inc.; Brevetti Angela S.R.L.; Marchesini Group S.p.A.; Serac Inc.; GEA Group; SIPA S.p.A.; Sidel S.A. |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
| Customization & Pricing | Available upon Request |
The global blow-fill-seal equipment market value is USD 2.2 billion in 2023.
The global demand for BFS equipment is likely to grow at a 3.3% CAGR through 2033.
The global market is predicted to be valued at USD 2.9 billion by 2033.
The United States currently leads the blow-fill-seal equipment market globally.
Over 90% of blow-fill-seal equipment demand is generated from the pharmaceutical sector.
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Blow-fill-seal Equipment Market
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