Press release
Pharmaceutical Packaging Machines Market Expected to Reach 8600 million US$ by 2025
Packaging machines are machines that complete stages of the packaging process. Examples include filling machines, sealing machines, wrapping machines, strapping machines, labelling machines and coding machines.
Pharmaceutical packaging machines are often custom-designed to handle specific product configurations such as vials.
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The growth of the market can be attributed to factors such as cost containment in pharma R&D, growth in funding for generics and biopharmaceutical research, and technological advancements in labeling and serializations solutions. The development of production lines for small batch size and research purposes, growing focus of pharmaceutical manufacturers to cut operational costs, and rising emphasis on labeling and serialization for anti-counterfeiting of drugs are the key trends in the market. However, growing preference for refurbished packaging equipment as a viable alternative to new packaging equipment with high costs is expected to restrain the market growth to a certain extent.
On the basis of package type, the market is segmented into primary packaging, secondary packaging, and labeling and serialization equipment. In 2017, the primary packaging equipment segment accounted for the largest share of 80.5% in the pharmaceutical packaging equipment market. The large share can be attributed to the rising regulatory modifications, rapid growth in the pharmaceutical industry, and rising technological advancements.
The global Pharmaceutical Packaging Machines market is valued at 6300 million US$ in 2017 and will reach 8600 million US$ by the end of 2025, growing at a CAGR of 4.0% during 2018-2025.
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The major manufacturers covered in this report
IMA
Bosch
Uhlmann
Körber AG
Multivac
Marchesini Group
Coesia Seragnoli
Optima
Bausch & Strobel
Mutual
Truking
Gerhard Schubert
Romaco
CHINASUN
CKD Corporation
Hoong-A Corporation
MG2
SHINVA
ACG
Heino Ilsemann
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
North America
Europe
China
Japan
Southeast Asia
India
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Primary Packaging Machine
Secondary Packaging Machine
Labeling and Serialization Machine
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
Liquids Packaging
Solids Packaging
Semi-Solids Packaging
Other Products Packaging
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QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert’s resources (included energy automotive chemical medical ICT consumer goods etc.
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