The global packaging packaging equipment market for pharmaceutical is expected to reach USD 7.24 Billion by 2020 from USD 5.18 Billion in 2015, at a CAGR of 6.9% during the forecast period of 2015 to 2020. Growth in the generics market, the rising need for novel and flexible packaging equipment, and stringent regulatory compliance and validation processes have led to the growth of the packaging packaging equipment market.
Complete report of Pharmaceutical Packaging Equipment Market spread across 178 Pages, Profiling 12 Companies and Supported with 93 Tables and 102 Figures is now available at http://www.reportsnreports.com/reports/274768-pharmaceutical-packaging-equipment-market-by-package-type-blister-strip-bottle-tube-aseptic-packaging-wrapping-labeling-serialization-by-product-type-tablet-powder-cream-syrup-aseptic-liquid-aerosol-global-forecast-to-2018.html .
Growing offshore manufacturing and contract manufacturing in the Equipment for Pharmaceutical Packaging Market is also propelling the growth of packaging packaging equipment market. However, factors such as the use of refurbished packaging equipment due to cost-cutting measures in emerging markets may restrain the growth of this market during the forecast period.
Global Pharmaceutical Packaging Equipment Market for Pharmaceutical , by Package Type
- Blister Packaging Equipment
- Strip Packaging Equipment
- Sachet packaging Equipment
- Bottles Filling and Capping Equipment
- Counting Equipment
- Soft Tube Filling and Sealing Machines
- Aseptic filling and Sealing Equipment
The rising focus on biologics and injectable therapeutics has further propelled the demand for packaging that can maintain the stability of novel drugs and improve their shelf life. However, factors such as the use of refurbished packaging equipment by smaller players, especially in high-growth markets in Asia-Pacific and Latin America, may restrain the growth of packaging packaging equipment market to a certain extent.
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Geographically, the global Equipment for Pharmaceutical Packaging Equipment Market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. In 2014, North America accounted for the largest share of the global for Pharmaceutical Packaging Equipment Market, followed by Europe. However, Asia-Pacific is expected to grow at the highest rate during the forecast period majorly due to the rise in contract manufacturing and offshoring of pharmaceutical equipment manufacturing to emerging markets such as China and India.
Some prominent players in the pharmaceutical packaging equipment market include IMA Industria Macchine Automatiche 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), OPTIMA Packaging Group GmbH (Germany), Romaco Pharmatechnik GmbH (Germany), and Uhlmann Group (Germany).
Click now for more Details, Quiries and Discount and Other Information on this study “Pharmaceutical Packaging Equipment Market by Package Type (Blister, Strip, Bottle, Tube, Aseptic Packaging, Wrapping, Labeling & Serialization), by Product Type (Tablet, Powder, Cream, Syrup, Aseptic Liquid, Aerosol) - Global Forecast to 2020” research report can be requested at http://www.reportsnreports.com/contacts/discount.aspx?name=274768 .
In 2014, North America commanded the largest share of the Equipment for Pharmaceutical Packaging Market, followed by Europe, Asia-Pacific, and Rest of the World. The Asia-Pacific region represents the fastest-growing market for pharmaceutical packaging equipment majorly due to rising contract manufacturing and offshoring of pharmaceutical manufacturing to countries such as India and China.
On the basis of regions, the global Equipment for Pharmaceutical Packaging Market is divided into North America, Europe, Asia-Pacific, and the Rest of the World. The research report also discusses the key market drivers, restraints, challenges, and opportunities in the global pharmaceutical packaging equipment market and its submarkets.
On related note another research titled "Food Packaging Technologies” include controlled packaging, active packaging, advanced packaging, intelligent packaging, and aseptic packaging. Controlled packaging is the most-widely used technology due to its wide range of applications. The main equipment types covered for the food packaging market include form, fill & seal, labeling & coding, wrapping, and case packing equipment. is available at www.reportsnreports.com/reports/297422-food-packaging-technology-equipment-market-by-technology-controlled-active-advanced-intelligent-aspectic-by-equipment-ffs-labeling-coding-wrapping-case-packaging-by-application-and-geography-trends-forecast-to-2019.html .
Explore more reports on Packaging atwww.reportsnreports.com/market-research/manufacturing/
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