City of Industry, CA -- (SBWire) -- 09/20/2018 --This study focuses on the production side and consumption side of Pharmaceutical Packaging Machines, presents the global Pharmaceutical Packaging Machines market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Pharmaceutical Packaging Machines capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Pharmaceutical Packaging Machines by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
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.
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 Pharmaceutical Packaging Machines market was valued at 6300 Million US$ in 2017 and is projected to reach 8600 Million US$ by 2025, at a CAGR of 4.0% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Pharmaceutical Packaging Machines.
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This report includes the following manufacturers; we can also add the other companies as you want.
IMA
Bosch
Uhlmann
Körber AG
Multivac
Marchesini Group
Coesia Seragnoli
Market Segment by Product Type
Primary Packaging Machine
Secondary Packaging Machine
Labeling and Serialization Machine
Market Segment by Application
Liquids Packaging
Solids Packaging
Semi-Solids Packaging
Other Products Packaging
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Pharmaceutical Packaging Machines Industry Projected to Reach 8600 Million US$ by 2025- QY Research, Inc.
The Pharmaceutical Packaging Machines market was valued at 6300 Million US$ in 2017 and is projected to reach 8600 Million US$ by 2025, at a CAGR of 4.0% during the forecast period.