The Blow-Fill-Seal Technology Global Market Report 2023, provides comprehensive information on the blow-fill seal technology market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Blow-Fill-Seal Technology Market’s Growth:
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As per The Business Research Company’s Blow-Fill-Seal Technology Global Market Report 2023, the global blow-fill-seal technology market size is expected to grow from $2.98 billion in 2022 to $3.31 billion in 2023 at a compound annual growth rate (CAGR) of 11.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the blow-fill-seal technology market is expected to grow to $4.96 billion in 2027 at a CAGR of 10.7%.
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Technological innovations are a key trend gaining popularity in the blow-fill-seal technology market. Major companies operating in the blow-fill-seal technology market are advancing toward the use of moulding technology for innovating new lightweight products. For instance, in January 2021, Berry Global Healthcare, a US-based manufacturing company providing analytical laboratory instruments, launched Cyrano, a new lightweight dual-port blow-fill seal closure. The unique features of the product are that it is easy to use on the latest blow-fill-seal machines that include advanced moulding technology to create lightweight components that deliver better performance to enhance drug administration, improve patient safety, and protect product integrity.
The blow-fill seal technology market is segmented:
1) By Product Type: Bottles, Ampoules, Vials, Prefilled Syringes, and Injectable
2) By Material Type: Polyethylene (PE), Polypropylene (PP), and Other Materials
3) By Specification: Small Volume, Large Volume
4) By End Use: Pharmaceuticals, Food and Beverage, Cosmetics and Personal Care, Other End Users
North America was the largest region in the blow-fill seal technology market in 2022.
The table of contents in TBRC’s blow-fill seal technology market report includes:
1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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