Expeditious Growth In The Pharmaceutical Packaging Equipment Market

According to a new market report published by Transparency Market Research titled “Pharmaceutical Packaging Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021”, the market was valued at US$5.1 bn in 2014 and is expected to reach US$8.1 bn by 2021, at a CAGR of 6.8% through the forecast period.The global market for pharmaceutical packaging equipment has been covered under the scope of this report. Packaging ensures protection of pharmaceutical products against contamination and other external factors. Pharmaceutical packaging equipment provides safety of packaged products during storage and transportation. Due to rapid improvement of packaging techniques, there has been immense development of flexible, reliable and integrated pharmaceutical packaging machineries.

The major factors fuelling the growth of Global Pharmaceutical Packaging Equipment Market are expansion of pharmaceutical industry and demand for flexible and automated packaging equipment worldwide. Moreover, strict packaging regulations imposed by National Quality Forum, Food and Drug Administration and other regulatory authorities, have further raised the demand for automated and innovative packaging equipment. The market is anticipated to develop significantly in the future, owing to increasing investment for equipment manufacturing facilities in different parts of Asia Pacific. However, utilization of refurbished packaging equipment by small scale companies, primarily in developing countries such as India, Japan and Brazil, is expected to hinder the market for pharmaceutical packaging equipment during the forecast period from 2015 to 2021.

The global pharmaceutical packaging equipment market, by product types is divided broadly into three major segments, which include solids packaging equipment, semi-solids packaging equipment and liquids packaging equipment. Liquids packaging equipment held the largest share of global pharmaceutical packaging equipment market in 2014. The major reason is attributed to increasing usage of liquid dosages by end users and demand for effective filling of liquid products with high precision and accuracy. The market for liquid packaging equipment is further segmented into eye or ear drop packaging equipment, aerosol packaging equipment and syrup packaging equipment. Furthermore, the market for solids packaging equipment is classified into tablet packaging equipment, capsule packaging equipment and powder packaging equipment. The market for semi-solids packaging equipment is broadly segmented into ointment packaging equipment and cream packaging equipment.

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The global pharmaceutical packaging equipment market by package type is bifurcated into two segments: primary packaging equipment and secondary packaging equipment. Primary packaging equipment contributed to the largest market share in 2014, owing to demand for unit dosage forms. Moreover, primary packaging provides easy shelving and handling of pharmaceutical products. The market for primary packaging equipment is further divided into aseptic filling and sealing equipment, bottle filling and capping equipment, blister packaging equipment, soft tube filling and sealing equipment, sachet packaging equipment, and others. Furthermore, the market for secondary packaging equipment is classified into cartoning equipment, case packaging equipment, wrapping equipment and others.

The global pharmaceutical packaging equipment market has been segmented broadly into four regions: North America, Europe, Asia Pacific and RoW (Rest of the World). In terms of revenue, North America acquired the largest share of the market in 2014 accounting for 32.2% of the market share. Increasing investments for novel medicaments along with huge development of pharmaceutical industry can be attributed to potential utilization of pharmaceutical packaging equipment in this region.

Some of the leading players in the pharmaceutical packaging equipment market are Korber A.G., Mg2 S.R.L., IMA S.P.A., Robert Bosch GmbH, Multivac Group, Bausch and Strobel Maschinenfabrik Ilshofen GmbHCo. Kg, Optima Packaging Group GmbH, Marchesini Group Spa, Uhlmann Group and Romaco Pharmatechnik GmbH.

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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Market Demand And Growth Of Rigid Packaging Market Till 2021

Transparency Market Research announces the release of a new research report titled “Rigid Packaging Market - Global Industry Analysis, Size, Share, Growth and Forecast 2015 - 2021”. The report indicates that expanding at a 4.50% CAGR from 2015 to 2021, the global rigid packaging market is anticipated to grow from US$549.7 Bn in 2014 to US$750.5 Bn by 2021.

This market is driven by the rising usage of rigid packaging in the pharmaceuticals and food and beverages industries.On the basis of raw material type, the rigid packaging market is segmented into plastics, metal, glass, paperboard, and others including timber, wood, paper pellets, and pulp. Accounting for a share of 41.20% of the overall market, plastics was the leading raw material segment and is anticipated to register a 4.30% CAGR from 2015 to 2021. Rising at a 4.70% CAGR, paperboard is projected to be the fastest growing segment by the end of the forecast period.

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The global rigid packaging market has shown steady growth during the past few years. This trend is anticipated to continue during the forecast period due to increasing consumer spending on packaged goods worldwide. In addition, growth in manufacturing output and other demographic trends including rising urban population, and changing dietary habits of consuming packaged foods is expected to fuel the growth of this market over the forecast period. Rising demand for rigid packaging is also supported by the expanding and extensive recycling infrastructure available for plastics, glass, and metal. Rigid packaging helps to keep finished goods and products safe for a longer period of time to enable transportation and distribution across huge distances. It is used to package in many different forms such as aerosol containers, cups, corrugated cases, bottles, cans, aluminum bottles, ampules, and jars. Furthermore, rigid packaging has many unique properties such as high stiffness, high impact strength, and higher barrier properties. All these properties mentioned above have led to the growing demand for rigid packaging in recent years.

Increasing popularity of packaging media provides a longer shelf life to finished food items and other products such as cosmetics and toiletries. Thus, it is a driving factor for the growth of global rigid packaging in the food and beverage industry. Increasing international trade that has led to a boost in investment in quality packaging is also driving the food and beverage industry. Furthermore, demand for rigid packaging increases due to growing demand for processed and convenience food products such as snacks, processed meat and fish, and cakes to prevent microbial and bacterial spoilage. Health conscious consumers opt for healthy and safe packaging of foods and beverages that helps them to keep fit and healthy. Apart from this, stringent government regulations across different countries restrain the growth of the food packaging market in different regions such as Europe and North America. Different organizations including FDA (Food and Drug Administration) have set strict safety standards to determine whether a packaging is safe enough for its intended use. Rigid packaging find its application in various sectors such as medicines; cosmetics; home appliances; industrial packaging; and durable goods such as furniture, firearms, and toys in the near future.

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In this report, the global rigid packaging market is categorized into three segments: (i) by raw material type; (ii) by application and (iii) by geography. Based on raw material type, the market has been segmented into metal, plastics, paperboard, and glass among others. On the basis of application type, the market is further divided into food and beverages, durable goods (home appliances, furniture, firearms, and toys), pharmaceuticals, industrial packaging (automotive equipment, consumer electronics, sports equipment, footwear boxes etc), and cosmetics and toiletries among others. The report also covers drivers, restraints, and opportunities (DROs) of the rigid packaging market. The study highlights current market trends and provides forecast for the period from 2015 to 2021. We have also covered the current market scenario for global rigid packaging, and highlighted future trends that are likely to affect its demand.

By geography, the market has been segmented into North America, Europe, Asia Pacific, and Rest of the World (RoW). Further, each region is segmented country-wise to highlight the respective market share of rigid packaging in each country. The study covers major countries such as the U.S., Canada, and Mexico in North America; Japan, China, and India in Asia Pacific; the U.K., Italy, and France in Europe; and Latin America, Africa, and the Middle East in RoW. The market size and forecast for the period from 2015 to 2021 has been provided in the report.

The market attractiveness analysis provided in the report highlights key investing areas in this industry. The report will help rigid packaging manufacturers, suppliers, and distributors to understand the current and future trends in this market and formulate their business strategies accordingly.

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Some of the key players in this market include Tetra Pak International, Crown Holdings, Inc., DS Smith Plc, Berry Plastics Corporation, Ball Corporation, Reynolds Group Holdings Limited, ALPLA Werke Alwin Lehner GmbH & Co KG, Rexam PLC, Amcor Limited, Holmen AB, and Georgia-Pacific LLC among others.

The scope of the study presents a comprehensive evaluation of the stakeholder strategies and winning imperatives for them by segmenting the global rigid packaging market as below:

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Global rigid packaging market has been segmented as follows:

Global rigid packaging market, by raw material type

• Metal
• Plastics
• Paperboard
• Glass
• Others ( wood, timber, pulp, paper pallets etc)

Global rigid packaging market, by application type

• Food and beverage
• Pharmaceuticals
• Durable goods (home appliances, furniture, firearms, and toys etc)
• Cosmetics and toiletries
• Industrial Packaging (automotive equipments, consumer electronics, sports equipment, foot wear boxes etc)
• Others (stationer products, jewellery boxes, etc)

In addition, the report provides cross-sectional analysis of all the above segments with respect to the following geographies:

Global rigid packaging market, by geography

North America

• U.S.
• Canada
• Mexico

Europe

• U.K.
• France
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Europe

Rest of the World (RoW)

• Latin America
• Middle East
• Africa

Global Research On Liquid Packaging Cartons Market Up to 2019

In 2013, the world consumed more than 1,200 billion liters of packaged liquid food, which was about 3.5% more than the consumption in 2012. The main segments of liquid food were water, soft drinks, dairy products and fruit juices among others. The consumer preference for ready–to-carry liquid food has led to a tremendous growth in the liquid packaging cartons market in the last decade, and this trend is only expected to increase in the forthcoming years. The liquid packaging cartons can be of various sizes, shapes and application types, and are easy to design and model according to the packager’s need.

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One of the primary drivers of the liquid packaging market is the growing inclination of the general population towards packaged food and drinks. Fast lifestyle and convenience of carton packaged drinks over other packaging means such as glass bottles has acted as drivers to this market. Although plastic packaging is still one of the major competitors for carton packaging for drinks, carton packaging manages to score more on the environmental grounds and recyclability. Consumers seeking environmentally friendly means of packaging are expected to be a driving factor for the liquid packaging cartons market. Moreover the recyclability of the carton packages reduces municipal wastage, and brings down cost of production in the long run. Introduction of aseptic cartons in the market has also boosted the growth of this liquid packaging technique. Aseptic cartons are primarily made of paperboard, with thin layers of plastic and aluminum. These cartons help to preserve food over a substantial period of time without adding preservatives. Tetra Pak is one of the market leaders in the aseptic carton packaging technology.

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The main stumbling block for liquid packaging cartons market is the plastic containers, which account for a sizable share of the liquid food packaging market. Polyethylene terepthalate (PET) and High density polyethylene (HDPE) are the main market competitors of carton packaging for liquid food. The popularity of different packaging methods varies with region. PET containers are preferred to carton packaging for milk in North America, while some parts of Europe are carton package society.

Several opportunities lie for the liquid packaging carton market to grow. Innovation in packaging techniques is the key to future growth of the market. As the market caters to FMCG products, packaging attractiveness and differentiation are the key attributes which decide the popularity of a brand and drive a consumer towards one product. The expectations of brand owners as well as the consumers needs to be satisfied in the lines of packaging differentiation and functionality, food safety, and cost effectiveness of packaging performance and reliability. Some of the functional expectations from the brand owners are logistical benefits, easy pouring and drinking experience for customers and differentiated opening techniques for aged consumers. Apart from these financial opportunities lie in recycling of cartons, use of renewable materials, and equipments which consume less energy and produce lesser wastes.

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The market is regulated by changing demographics, economics and sustainability. Asia Pacific which is home to the largest population in the world is also the fastest growing market for liquid packaging cartons market. High population in countries such as China, India, Indonesia, Pakistan, and Thailand, and the rising disposable income of the people have resulted in growth in liquid food market, which indirectly resulted in growth in the liquid packaging cartons market. North America market is experiencing stagnation in the market, while the growth in Europe is slow to moderate. South America, Africa, Russia and Asia Pacific are the regions which are expected to drive growth in this market. Some of the major players in this market are Tetra Laval, Comar, Inc., Liqui-Box Corp. and Tri-Wall, and Wayerhaeuser among many others.

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Global Research On Packaging Machinery Market Up to 2020

Packaging refers to the technology of enclosing and protecting goods for various purposes like storage, distribution or sale. A bottle containing soft drink is called primary packaging because the bottle is in direct contact with the contents whereas a pack of bottles shrink wrapped for the purpose of transportation within the distribution chain is called secondary packaging. Packaging machine is a device that is used for primary or secondary packaging depending on various situations like the availability of floor space, costs, technology used by the machine and integrating capability with other available machines. It is the final step in manufacturing process and first step in the transportation process.

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These machines can be automatic or semiautomatic depending upon the dimensions and properties of the goods. The unit load consists of a group of individual items that have been stacked in accordance with the load sorting plan and determines the relative position of the items with respect to each other. The development of packaging machines is based on the dimensions of the unit loads and makes possible to opt for optimal industrial methods in machine packaging. They can be set up to handle items within the same range of standard sizes or of a given standard size with the necessary adjustments made automatically or manually. Some of these machines only assemble loads whereas some machines assemble as well as break up loads.

These machines are of numerous types and are segmented depending on their type and task performed. The first type is cartooning machines which are used for erecting, filling and closing carton blanks or side seaming sealed carton blanks. These machines are particularly useful in the non-carbonated beverages industry. Coding and marking machines are used to apply barcodes, dates or any unique information on the package. Conveyors are a type of packaging machines which are primarily used to carry products, ingredients or packaging components from one site in a manufacturing plant to another. Filling and dosing machines are packaging machines which measures out a product from a bulk supply with some predetermined value like volume or level in a container. These machines are largely influenced by the nature of product like liquids, powder or sticky paste. Tasks like wrapping a flexible packaging material like aluminum or paper around a particular product or group of products is performed by wrapping machines. Each of these tasks performed by various packaging machines can be customized and expanded depending on the current industrial demands.

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Rising health awareness among consumers is influencing the growth of innovative packaging methods that promise fresh food products possessing nutritive value. Long working hours and long commuting time results in increased incidence of snacking during the day. Therefore out of home consumption and greater reliance on ready to eat foods has risen without negotiating on the nutritive value of the food. Another driver that contributes to the growth of innovative methods in packaging machinery is the increased availability of packaged foods that are affordable, quick to prepare and easy to store, saving a lot of time in the process.

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However, manufacturing packaging machinery to meet the packaging needs of large retailers for innovative packages to attract consumers is a major challenge that is faced by the packaging machinery market. These retailers are in constant need of streamlining their operations and insist on novel technologies which are at times unaffordable. Some of the major players in this line of business include Bosch Packaging Technology, Crown Holdings Incorporated, Tetra Pack and Toyo Seikan Group Holdings Ltd.

About Us :

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.