Global market for Blow Fill Seal (BFS) technology 2016-2023

02 October 2017

According to a new report by Stratistics MRC, the global Blow Fill Seal (BFS) technology market is estimated at $198.56 million in 2016 and is expected to reach $325.56 million by 2023 growing at a CAGR of 7.3% from 2016 to 2023. Factors such as rising demand for a qualitative procedure for filling parental preparation, easy & convenient packaging and improvements in the pharmaceutical packaging industry are fueling the market growth.
By end user, the pharmaceuticals segment has registered considerably high market share as the technology is nowadays mainly used for parental preparation filling with least contamination. The Asia-Pacific exhibits the largest market share.
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