Europe Blow Fill Seal Technology Market to be Supported by Growing Demand for Sterile Pharmaceuticals through 2028
Growing expansion of pharmaceutical manufacturing
facilities is expected to drive the Europe Blow Fill Seal Technology market in
the forecast period 2024-2028
According to TechSci Research
report, “Europe Blow Fill Seal Technology Market- Industry Size, Share, Trends,
Opportunity, and Forecast, 2018-2028”, Europe Blow Fill Seal (BFS) Technology market
is anticipated to grow appreciably at rate in the forecasted period, 2024-2028.
This is due to the rising demand for tailor-made and sustainable solutions. Automation plays a vital role in the growth of
the BFS technology market in Europe. The high-speed and automated nature of BFS
equipment enables manufacturers to achieve faster production cycles, resulting
in increased efficiency and productivity. The ability to fill and seal
containers in a continuous and seamless manner significantly reduces processing
time and increases output. This efficiency improvement not only helps meet
growing demand but also reduces production costs and enhances overall
operational performance.
However, the high costs
associated with equipment installation, validation, and training is expected to
hamper the growth of the Europe Blow Fill Seal technology market. These costs
may pose challenges, particularly for small and medium-sized enterprises (SMEs)
in Europe. Besides, Europe has strict regulatory frameworks governing pharmaceutical
manufacturing and packaging, which may hamper the growth of the Europe Blow
Fill Seal technology market.
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Europe Blow Fill Seal Technology market is
segmented based on raw material, application, end
use, and country.
Based on the raw method, the Europe blow fill seal technology market
is divided into HDPE, LDPE, PP, and others. The HDPE
segment is expected
to hold the largest market share in the forecast period owing to the fact that HDPE is a versatile and
cost-effective material that is well-suited for a wide range of applications.
Based on application,
the Europe
blow fill seal technology market
is categorized into vials, ampoules, bottles, syringes, and others. The
vials segment is expected
to hold the largest market share in the forecast period owing to the fact
that vials are a common type of container for the packaging of pharmaceutical
products.
Based on the end
use, the Europe blow fill seal technology market is divided into ophthalmic,
respiratory, biologics, and others. The ophthalmic segment is expected to be the largest
segment of the Europe blow fill seal technology market. This is due to the fact
that ophthalmic products are a common type of pharmaceutical product.
Major
companies operating in the Europe Blow Fill Seal Technology Market are:
- Recipharm
- Unither
Pharmaceuticals SAS
- Curida A.S.
- Unipharma LLC
- GlaxoSmithKline,
plc
- LyondellBasell
Industries N.V.
- Rommelag
ENGINEERING
- Gerresheimer AG
- Nupharma Group
- BioConnection
B.V.
- UNOLAB
- Laboratorios
Salvat
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“Germany
is expected to dominate Europe Blow Fill Seal technology market in the forecast
period. This is attributed to a growing technological advancement, strong
presence in the the pharmaceutical and healthcare sectors. Besides, the country has a well-established
pharmaceutical industry with numerous manufacturers, both large and small,
catering to domestic and international markets. The demand for efficient and
aseptic packaging solutions, such as BFS technology, is high in Germany's
pharmaceutical sector. Also, Germany has a strong focus on research and
development, innovation, and technological advancements in various industries.
This includes the pharmaceutical packaging sector, where Germany has made
significant progress in BFS technology, offering state-of-the-art equipment and
processes, which supports the growth of Europe Blow Fill Seal technology market.”
said Mr. Karan Chechi, Research Director with TechSci Research, a
research-based global management consulting firm.
Europe Blow Fill Seal Technology
Market- Global Industry Size, Share, Trends, Opportunity, and Forecast,
2018-2028, Segmented By Raw Material (HDPE, LDPE, PP, Others), By Application
(Vials, Ampoules, Bottles, Syringes, Others), By End Use (Ophthalmic,
Respiratory, Biologics, Others), By Region and Competition,
has
evaluated the future growth potential of Europe Blow Fill Seal Technology market
and provides statistics & information on market size, structure, and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Europe Blow Fill Seal Technology market.”
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