Press release
Tablet Processing and Packaging Equipment Market 2019 will Boom By Key Players Robert Bosch GmbH, GEA Group, Idex, I.M.A Industria Machine Automatiche S.P.A, Cadmach Machinery Company Private Limited, Kevin process Technologies, Prisma Pharma Machinery
Global Tablet Processing and Packaging Equipment Industry were valued at USD 3420 Million in the year 2017. Global Tablet Processing and Packaging Equipment Industry are further estimated to grow at a CAGR of 9.4% from 2019 to reach USD 6963.60 Million by the year 2025. North America region holds the highest Industry share in 2017 and the Asia Pacific is considered as the fastest growing Industry in the forecasted period. At the country level, U.S and Canada is projected to grow strongly in the coming years due to increasing rate of population.Get Easy Access to Sample Report@ https://www.qurateresearch.com/report/sample/ICT/QBI-GRS-ICT-134355
Major market players in Tablet Processing and Packaging Equipment Industry are Robert Bosch GmbH, GEA Group, Idex, I.M.A Industria Machine Automatiche S.P.A, Cadmach Machinery Company Private Limited, Kevin process Technologies, Prisma Pharma Machinery, Charles Ross and Son Company, The Elizabeth Companies, ,Nicomac Srl, and brief information of 9 companies will be provided in the report. Rising research and development expenses to cater to changing demand of end users. Similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of Tier 1 and Tier 2 manufacturers in recent years.
SWOT Analysis of Tablet Processing and Packaging Equipment Industry:
Strength:
Rapid rise in chronic and infectious diseases
Rise in aging population
Growing offshore manufacturing
Weakness:
Increased demand for refurbished machines
Excess manufacturing time using traditional techniques
Opportunities:
Automated equipment’s reducing errors
Increased investment by R&D department
Threats:
Intense competition among the producers
High cost of production using advanced techniques
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The Global Tablet Processing and Packaging Equipment Industry is segmented as Product type, End Use and by Region. The Product type is segmented as granulators, milling equipment, vibrio sifters, dryers, blenders, tablet presses, allied machines and tablet packaging equipment. The liquid packaging equipment holds the highest Industry share due to increased demand for automated packaging solutions. The End-Use segment is divided into pharmaceutical factories, research institutes, and others. Pharmaceutical factories hold the highest Industry share. Among all, it is expected that the other packaging equipment will be growing at a moderate CAGR in the assessment period.
Tablet Processing and Packaging Equipment Industry Segmentation:
By End Use
• Pharmaceutical Factories
• Research Institutes
• Others
By Product Type
• Granulators
• Milling Equipment
• Vibrio Sifters
• Dryers
• Blenders
• Tablet Presses
• Allied Machines
• Tablet Packaging Equipment
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By Region
• North America
o USA
o Canada
• Europe
o Germany
o U.K.
o France
o Italy
o Rest of Europe
• APAC
o China
o India
o Japan
o Rest of Asia-Pacific
• RoW
o Latin America
o Middle East & Africa
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