Insights Into The Global Pharmaceutical Packaging Equipment Market 2022-2031 Forecast Period
The Business Research Company's Pharmaceutical Packaging Equipment Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026
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As per The Business Research Company's "Pharmaceutical Packaging Equipment Global Market Report 2022”, the pharmaceutical packaging equipment market is predicted to reach a value of $8.81 billion in 2021 at a compound annual growth rate (CAGR) of 13%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The pharmaceutical packaging equipment global market is expected to reach $13.23 billion in 2025 at a CAGR of 10.7%. An increase in aging population is expected to increase the prevalence of age-related ailments, thus contributing to the growth of the pharmaceutical drugs and pharmaceutical packaging equipment market.
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Key Trends In The Pharmaceutical Packaging Equipment Market
The automatic packaging machine is increasingly utilized in the pharmaceutical packaging equipment global market. The machine automatically supplies packing materials and contents, and other machines of the packaging process can be done automatically. For instance, In July 2020, OPTIMA Packaging Group, a Germany based company that designs and builds packaging equipment for pharmaceutical, consumer, nonwovens and life science products launched OPTIMA FPA. It is a unique platform that can assemble pen injectors both fully or semi-automatically. It is especially suitable as an entry-level system. Another new feature of the Optima FPA is the choice of adding a printer connected with 360-degree labeling. This product launch has increased the company’s automated packaging solutions portfolio.
Overview Of The Pharmaceutical Packaging Equipment Market
The pharmaceutical packaging equipment market consists of sales of pharmaceutical packaging equipment by entities (organizations, sole traders, and partnerships) that are used for packaging of all pharmaceutical products, using flexible, and heat sealable material to form packages that are filled with a product and then sealed. Pharmaceutical packaging, also known as drug packaging, is defined as the packages and packaging processes used for pharmaceutical products.
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Pharmaceutical Packaging Equipment Global Market Report 2022 from TBRC covers the following information:
Market Size Data
Forecast period: Historical and Future
By region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
By countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Market Segmentation
By Product: Primary Packaging Equipment, Secondary Packaging Equipment, Labelling And Sterialization Equipment
By Packaging Type: Liquids Packaging Equipment, Solid Packaging Equipment, Semi-Solid Packaging Equipment
By Equipment Type: Blenders, Granulators, Tablet Pressers, Tablet Coating Machine, Allied Machines
By Mode of Administration: Injectable Administration, Topical Administration, Oral Administration
By Geography: The pharmaceutical packaging equipment global market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America holds the largest share in the market.
Major market players such as Körber AG, Uhlmann Group, Marchesini Group S.p.A., Optima Packaging Group, Romaco Holding GmbH, MG2 s.r.l., Robert Bosch GmbH, Industria Macchine Automatiche S.p.A., Vanguard Pharmaceutical Machinery, Accutek Packaging Equipment Companies, MULTIVAC Group, Bausch + Ströbel Maschinenfabrik Ilshofen GmbH + Co. KG
Trends, Opportunities, Strategies And So Much More.
Pharmaceutical Packaging Equipment Global Market Report 2022 is one of The Business Research Company’s comprehensive reports that provides in-depth pharmaceutical packaging equipment market research. The market report analyzes pharmaceutical packaging equipment market size, pharmaceutical packaging equipment market growth drivers, pharmaceutical packaging equipment market segments, pharmaceutical packaging equipment market major players, pharmaceutical packaging equipment market growth across geographies, and pharmaceutical packaging equipment market competitors’ revenues and market positioning. The pharmaceutical packaging equipment global market report enables you to gain insights on opportunities and strategies, as well as identify countries and segments with the highest growth potential.
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