Title: Pharmaceutical Packaging Equipment Market worth $6,181 Million by 2018
1MarketsandMarkets Presents
Pharmaceutical Packaging Equipment Market worth
6,181 Million by 2018
2- The Pharmaceutical Packaging Equipment Market by
Package Type (Blister, Strip, Bottle, Tube,
Aseptic Packaging, Wrapping, Labeling
Serialization), by Product Type (Tablet, Powder,
Cream, Syrup, Aseptic Liquid, Aerosol) - Global
Forecast to 2018 analyzes and studies the major
market drivers, restraints, and opportunities in
North America, Europe, Asia-Pacific, and the Rest
of the World (ROW). - Browse 174 market data tables and 26 figures
spread through 367 pages and in-depth TOC on
Pharmaceutical Packaging Equipment Market by
Package Type (Blister, Strip, Bottle, Tube,
Aseptic Packaging, Wrapping, Labeling
Serialization), by Product Type (Tablet, Powder,
Cream, Syrup, Aseptic Liquid, Aerosol) - Global
Forecast to 2018 - http//www.marketsandmarkets.com/Market-Reports/ph
armaceutical-packaging-equipment-market-19845828.h
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Reports.
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- This report studies the global pharma packaging
equipment market, with forecast to 2018. - The equipment for pharmaceutical packaging market
has experienced extensive growth in the past few
years, mainly due to the various advancements in
the pharmaceutical industry related to drug
delivery technologies. Factors that are expected
to boost the market growth include a majority of
the drugs going off-patent in the forecast period
leading to an increase in demand for packaging
equipment for pharmaceutical products and the
shift in use of conventional packaging lines in
response to the rising demand for flexible,
automated, and integrated packaging lines from
the pharmaceutical industry. However, the
increasing cost of raw materials, use of
refurbished packaging equipment for cost-cutting
activities preferred among smaller pharmaceutical
manufacturers in the emerging markets across APAC
and the Latin American region, and the
increasingly competitive environment are factors
that inhibit the growth of the market to a
certain extent.
5- The global equipment for pharmaceutical packaging
market is segmented by package type, product,
geography, and country. It also discusses the key
market drivers, restraints, and opportunities of
this market and its sub-markets. The market was
valued at 4,525 million in 2013 and is expected
to grow at a healthy CAGR from 2013 to 2018. - North America was a major market for global
pharma packaging equipment with a market share of
around 31 to 32 of the global market, closely
followed by Asia-Pacific. Increasing investments
in novel drug delivery techniques the
development of automated, integrated
pharmaceutical packaging lines to reduce downtime
of packaging increasing investments in the
pharmaceutical packaging industry by key market
players increase in the number of FDA-approved
manufacturing sites in low-cost manufacturing
locations and the rising demand for advanced
equipment for contract packaging of
pharmaceutical products are factors that have led
to the large market shares of the North American
and Asia-Pacific pharmaceutical packaging
equipment markets, respectively.
6- The major players in the equipment for
pharmaceutical packaging market are IMA S.p.A.
(Italy), Robert Bosch GmbH (Germany), Marchesini
Group S.p.A. (Italy), Körber AG (Germany), and
Uhlmann Group (Germany). Some of the other
leading players in the industry include Bausch
Ströbel Maschinenfabrik Ilshofen GmbH Co. KG
(Germany), CAM (Italy), Romaco Pharmatechnik GmbH
(Germany), Multivac Group (Germany), MG2 s.r.l.
(Italy), and Optima Packaging Group GmbH
(Germany).
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