Transparency
Market Research, in a report titled “Pharmaceutical Packaging Equipment Market -
Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021”, states that the global
pharmaceutical packaging equipment market is anticipated to develop at a 6.80% CAGR from 2015 to
2021, rising from a value of US$5.1 bn in 2014 to US$8.1 bn by 2021
.
This market is fueled by the
rapid growth of the global pharmaceutical sector, stringent government
regulations, rising demand for integrated packaging technologies, and
increasing opportunities in developing countries. In contrast, the use of
revamped packaging equipment is anticipated to hamper the development of the
global market.
By product type, the pharmaceutical packaging equipment
market is categorized into liquids, solids, and semi-solids. The segment of liquids
packaging equipment enjoyed the largest share of over 45.0% in 2014, fueled by
its favorable features such as reliability, efficiency, and easily coordinated
filling and packaging.
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The pharmaceutical packaging
equipment market is bifurcated into primary and secondary packaging equipment
based on package type.
Enjoying the larger share in the overall pharmaceutical
packaging equipment market, the segment of primary packaging equipment is
driven by the rising demand for unit dosage forms and favorable features such
as ease of shelving and handling. This segment comprises equipment for bottle
filling and capping, soft tube filling and sealing, aseptic filling and
sealing, blister packaging, and sachet packaging. The segment of secondary
packaging equipment includes equipment for case packaging, cartoning, and
wrapping.
The global pharmaceutical packaging equipment market is
geographically divided into North America, Asia Pacific, Europe, and Rest of
the World. In 2014, North America emerged as the leading market for
pharmaceutical packaging equipment, accounting for a 32.20% share.
This
regional market is fueled by the rapid development of the pharmaceutical
industry, rising investments in the development of novel medicaments, and
growing demand for sophisticated packaging and innovative drug delivery
techniques. Accounting for a share of close to 30.0% in 2014, Asia Pacific is
the second largest market for pharmaceutical packaging equipment, fueled by
growing investments by existing manufacturers of pharmaceutical equipment.
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strategic Business report: http://www.transparencymarketresearch.com/pharmaceutical-packaging-equipment-market.html
Multivac Group, IMA S.P.A.,
Korber A.G., Uhlmann Pac-Systeme GmbH & Co. KG, Romaco Pharmatechnik GmbH,
Robert Bosch GmbH, Mg2 S.R.L., Bausch and Strobel Maschinenfabrik Ilshofen
GmbHCo. Kg, Marchesini Group Spa, and Optima Packaging Group GmbH are the most
prominent players competing in the global pharmaceutical packaging equipment
market.
These vendors are profiled in the report in a detailed section
dedicated to the vendor landscape. Major players are identified and profiled
based on aspects such as company and financial overview, business strategies,
product portfolio, and recent developments.
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