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.
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.
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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.
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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