Global Pharmaceutical Packaging Equipment Market to Expand at 6.80% CAGR 2015-2021 owing to Growing Investments in Developing Countries

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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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.  

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.

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.

Revamped Pharma Packaging Equipment Considered Wiser Investment by Companies in Developing Economies

Transparency Market Research, a leading market analysis and intelligence firm, has released a new report on the Global Pharmaceutical Packaging Equipment Market. The report makes use of historical data about the market and, based on granular analysis of the same, forecasts the development of the market in the coming years. The report, titled ‘Pharmaceutical Packaging Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021’, is available on the company’s website for sale.

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.

Get Free Sample Report Copy :

http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=6373

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.

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.

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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.

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.