Global Pharmaceutical Packaging Equipment Market By Product (Primary Packaging Equipment, Secondary Packaging Equipment, Labelling & Serialization Equipment), Packaging Type (Liquids Packaging Equipment, Solid Packaging Equipment, Semi-Solid Packaging Equipment), Equipment Type (Blenders, Granulators, Tablet Pressers, Tablet Coating Machine, Allied Machines), Mode of Administration (Injectable Administration, Topical Administration, Oral Administration), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends & Forecast to 2026
Market Analysis:
Global pharmaceutical packaging equipment market is expected to register a substantial CAGR of 8.50% in the forecast period of 2019-2026. This rise in the market can be attributed to the investments being made by the companies in the latest technology to develop efficient equipment. The modern packaging technology is automated, can be bended easily as is made according the needs of the pharmaceutical companies.
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Key Market Competitors:
Few of the major market competitors currently working in the global pharmaceutical packaging equipment market are I.M.A. INDUSTRIA MACCHINE AUTOMATICHE S.P.A., Bausch+Strobel, Robert Bosch GmbH, Korber AG, Marchesini Group S.p.A., MULTIVAC, Uhlmann, OPTIMA packaging group GmbH, Romaco Group, MG2 s.r.l., Accutek Packaging Equipment Companies Inc., ACG, Coesia S.p.A., Vanguard Pharmaceutical Machinery, AptarGroup. Inc., Amcor plc, Berry global Inc., Gerresheimer AG, Inline Filling Systems, MAQUINARIA INDUSTRIAL DARA SL, among others.
Key Developments in the Market:
· In November 2018, MAQUINARIA INDUSTRIAL DARA SL, has launched a new machine for processing disposable double-chamber syringes, vials, and cartridges. The design is used in sterile areas. It is made in compliance with cGMP and US Food and Drug Administration regulations, and by keeping in minds the needs and requirements of the pharmaceutical and biotech industries
· In September 2018, Robert Bosch GmbH has introduced a new machine, Sigpack HML which is a compact horizontal flow wrapping machine and is also available with heat ultrasonic technology
Competitive Analysis:
Global pharmaceutical packaging equipment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares pharmaceutical packaging equipment market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Market Definition
Pharmaceutical packaging equipment refers to a wide varieties of packaging equipment that are being used by the pharmaceutical industry such as capsule filling machines, x-ray inspection systems, bottle filling and capping. There are innovations in the technology through which it has become automated, can be bended easily.
Market Drivers
· There is a surge in the generic population globally which is driving the growth of the market
· The increasing needs for flexible and integrated packaging is boosting the growth of the market
· The rise in the offshore pharmaceutical manufacturing is driving the growth of the market
· The stringent polices and regulator norms by the government against counterfeit products is driving the growth of the market
· Growth in contract manufacturing of pharmaceutical products is surging the market growth
Market Restraints
· The increasing preferences for refurbished equipment in the industry is restraining the growth of the market
· The price volatility in the raw material hinders the growth of the market
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Segmentation: Global Pharmaceutical Packaging Equipment Market
o Primary Packaging Equipment
Aseptic Filling and Sealing Equipment
Bottle Filling and Capping Equipment
Blister Packaging Equipment
Soft-Tube Filling and Sealing Machines
Sachet Packaging Equipment
Strip Packaging Equipment
Counting Equipment
Bulk Bottle Unscramblers
Cartridge Filling and Sealing Machine
Cap Retorquer Machines
Stick Packaging Equipment
Rigid-Tube Fillers
Wallet Machines
o Secondary Packaging Equipment
Cartoning Equipment
Case Packaging Equipment
Wrapping equipment
Tray Packaging Equipment
Palletizing and Depalletizing Equipment
o Labelling and Serialization equipment
Bottle and Ampoule Labelling and Serialization
Carbon Labelling and Serialization
Datamatrix Labelling and Serialization
By Packaging Type
o Liquids Packaging Equipment
Aseptic Liquids Packaging Equipment
Syrup Packaging Equipment
Eye/Ear Drop Packaging equipment
Aerosol Packaging Equipment
o Solid Packaging Equipment
Tablet Packaging Equipment
Capsule Packaging Equipment
Powder packaging Equipment
Granule Packaging Equipment
o Semi-Solid Packaging Equipment
Ointment Packaging Equipment
Cream Packaging Equipment
Suppository Packaging Equipment
By Equipment Type
o Blenders
o Granulators
o Tablet Pressers
o Tablet Coating Machine
o Allied Machine
By Mode of Administration
o Injectable Administration
o Topical Administration
o Oral Administration
Reasons to Purchase this Report
· Current and future of global pharmaceutical packaging equipment market outlook in the developed and emerging markets
· The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
· Regions/Countries that are expected to witness the fastest growth rates during the forecast period
· The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
· All segmentation provided above in this report is represented at country level
· All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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