Pharmaceutical Packaging Equipment Market expecting to reach approximately USD 8.24 billion by 2022 at a CAGR of 6.8% during the forecast period– Market Research Report Store

"Pharmaceutical Packaging Equipment Market expecting to reach approximately USD 8.24 billion by 2022 at a CAGR of 6.8% during the forecast period– Market Research Report Store" published in May 2017. It is a professional and in-depth study.

Summary

Market Research Report Store announces a new report＂Pharmaceutical Packaging Equipment Market＂added to its database.The global pharmaceutical packaging equipment market is projected to reach approximately USD 8.24 billion by 2022 at a CAGR of 6.8% approximately during the forecast period. The factors expected to drive the growth of the market are cost containment in pharmaceutical R&D, increasing funding for biopharmaceutical and generics research, and technological advancements in labeling and serialization solutions.

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The pharmaceutical packaging equipment market in this report is segmented on the basis of package, product, and region. Based on package, the market is segmented into primary packaging equipment, secondary packaging equipment, and labeling & serialization equipment. In 2016, the primary packaging equipment segment dominated the market. This can be attributed to the ease of handling and shelving of pharmaceuticals after primary packaging, development of novel forms of drug delivery and biopharmaceuticals stimulating the need for innovation in primary packaging, and the increasing regulatory norms and quality control criteria. On the other hand, the labeling and serialization equipment segment is expected to register the highest growth during the forecast period. The growth of this market is attributed to the rising concerns regarding patient safety and anti-counterfeiting of pharmaceutical products.

North America is the largest market for pharmaceutical packaging equipment, followed by Europe, Asia-Pacific, Latin America, and the Middle East & Africa. High R&D expenditure, well-established pharmaceutical market, and increasing government support are some of the factors contributing to the large share of North America in the market. However, the Asia-Pacific market is expected to register the highest growth during the forecast period owing to the expanding generics market, government initiatives to curtail the rising healthcare expenditure, increasing number of North American and European pharmaceutical drug manufacturers outsourcing their manufacturing processes to Asian manufacturers, and low labor costs.

The major players in the pharmaceutical packaging equipment market are IMA S.p.A. (Italy), Bausch + Ströbel Maschinenfabrik Ilshofen GmbH+Co. KG (Germany), Robert Bosch GmbH (Germany), Körber AG (Germany), Marchesini Group S.p.A. (Italy), Multivac Group (Germany), Uhlmann Group (Germany), OPTIMA Packaging Group GmbH (Germany), and Romaco Pharmatechnik GmbH (Germany).

Research Coverage:
The market is segmented based on package, product, and region. Based on the type of packaging, the pharmaceutical packaging equipment market is segmented into three types, namely, primary packaging equipment (aseptic filling and sealing equipment, bottles filling and capping equipment, blister packaging equipment, soft-tube filling and sealing machines, sachet packaging equipment, strip packaging equipment, counting equipment and others), secondary packaging equipment (cartoning equipment, case packing equipment, wrapping equipment, tray packing equipment, and palletizing and de-palletizing equipment), and labeling and serialization equipment (bottles and ampoules labeling & serialization, carton labeling & serialization, and datamatrix labeling & serialization).

Based on product, the market is segmented into liquid packaging equipment (aseptic liquids packaging equipment, syrup packaging equipment, eye/ear drop packaging equipment, aerosol packaging equipment, and other liquids packaging equipment), solid packaging equipment (tablet packaging equipment, capsule packaging equipment, powder packaging equipment, granule packaging equipment, and other solid packaging equipment), semi-solids packaging equipment (ointment packaging equipment, cream packaging equipment, suppository packaging equipment, and other semi-solids packaging equipment) and other product packaging equipment. This report also provides market information on North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. These regions are further segmented at a country level.

Reasons to Buy the Report
• Market Penetration: Comprehensive information on product portfolios offered by the top players in the pharmaceutical packaging equipment market. This report analyzes the market by package, product, and region
• Product Development/Innovation: Detailed insights on the upcoming trends and product launches in the pharmaceutical packaging equipment market
• Market Development: Comprehensive information about the lucrative emerging markets for pharmaceutical packaging equipment
• Market Diversification: Exhaustive information about new products, growing regions, recent developments, and investments in the pharmaceutical packaging equipment market
• Competitive Assessment: In-depth assessment of market shares, growth strategies, products, and technological capabilities of the leading players in the pharmaceutical packaging equipment market

TABLE OF CONTENTS

1 INTRODUCTION 20
1.1 OBJECTIVES OF THE STUDY 20
1.2 MARKET DEFINITION 20
1.3 MARKET SCOPE 21
1.3.1 MARKETS COVERED 21
1.3.2 YEARS CONSIDERED FOR THE STUDY 22
1.4 CURRENCY 22
1.5 LIMITATIONS 22
1.6 STAKEHOLDERS 23

2 RESEARCH METHODOLOGY 24
2.1 RESEARCH APPROACH 24
2.1.1 SECONDARY RESEARCH 25
2.1.1.1 Key Data from Secondary Sources 25
2.1.2 PRIMARY RESEARCH 26
2.1.2.1 Key Data from Primary Sources 26
2.1.2.2 Key Industry Insights 27
2.2 MARKET SIZE ESTIMATION 27
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 29
2.4 MARKET SHARE ESTIMATION 30
2.5 ASSUMPTIONS FOR THE STUDY 30

3 EXECUTIVE SUMMARY 31
4 PREMIUM INSIGHTS 35
4.1 PHARMACEUTICAL PACKAGING EQUIPMENTMARKET OVERVIEW 35
4.2 ASIA-PACIFIC: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY TYPE 36
4.3 GEOGRAPHIC SNAPSHOT: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET 37
4.4 PHARMACEUTICAL PACKAGING EQUIPMENT MARKET: DEVELOPING VS. DEVELOPED MARKETS 38

5 MARKET OVERVIEW 39
5.2.1 MARKET DRIVERS 41
5.2.1.1 High growth in the generic and biopharmaceutical markets 41
5.2.1.2 Growing need for novel and flexible packaging equipment 42
5.2.1.3 Increase in offshore pharmaceutical manufacturing 43
5.2.1.4 Growing contract manufacturing of pharmaceutical products 43
5.2.1.5 Need for achieving regulatory compliance and validation driving the replacement of older equipment 44
5.2.2 KEY MARKET RESTRAINTS 45
5.2.2.1 Growing preference for refurbished equipment 45
5.2.3 KEY MARKET OPPORTUNITIES 45
5.2.3.1 Growth of pharmaceutical manufacturing in emerging economies 45
5.2.3.2 Rising demand for automated packaging 46

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