Global Pharmaceutical Packaging Equipment Market to grow at a CAGR of 5.32% during the period 2016 - 2020; Finds New Report

Report forecast the global pharmaceutical packaging equipment market to grow at a CAGR of 5.32% during the period 2016-2020.

Pharmaceutical packaging equipment is a machinery used to pack pharmaceutical products, so that they remain unscathed in the event of contamination through external toxins and microbial activity, and to extend their shelf life. Pharmaceutical packaging is available in a broad range such as bottles, parenteral containers, blister packs, caps, closures, pre-fillable syringes, and tubes. The key end-users of these packaging products are pharmaceutical manufacturers. The packaging of these products is done with machines or equipment such as form filling and sealing equipment, blister packaging equipment, aseptic bottle filling equipment.

The report covers the present scenario and the growth prospects of the global pharmaceutical packaging equipment market for 2016-2020. To calculate the market size, we take into account the total revenue generated through the sale of all forms of primary and secondary pharmaceutical packaging equipment.

The market is divided into the following segments based on geography:

• Americas
• APAC
• EMEA

According to the report, replacement of old packaging machinery will be a key driver for market growth. The global pharmaceutical packaging equipment market will record considerable growth owing to the replacement of old packaging equipment during the forecast period. The need for replacement arises mainly because of the rising cost of energy and production inefficiency. Vendors are focused on automation, including automated inspection and packaging, is becoming an increasingly important part of pharmaceutical manufacturing. Pharmaceutical equipment manufacturers are focusing on developing high-end, energy-efficient, all-in-one machines capable of packaging pharmaceutical products. Such innovative machines will reduce the cost of operation to a great extent, helping end-users to meet their desired profitability margins.

Further, the report states that availability of used and rebuilt machinery will be a challenge for the market. The global pharmaceutical packaging equipment market is facing increased competition due to the availability of used and rebuilt machinery. Many small vendors in the market such as Optima Packaging Group distribute used and rebuilt pharmaceutical packaging equipment machinery. These used and rebuilt machineries are affordable to small-scale companies, reducing the demand for new pharmaceutical packaging equipment in the market. Therefore, the increased adoption of used and rebuilt plastic processing machinery is expected to challenge the market's growth during the forecast period.

Global Pharmaceutical Packaging Equipment Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global pharmaceutical packaging equipment market:  Marchesini, Mg2, MULTIVAC Sepp Haggenmuller, Bosch, Romaco, and Uhlmann.

Other Prominent Vendors in the market are: Bausch + Ströbel Maschinenfabrik Ilshofen, Busch Machinery, Dara Pharmaceutical Packaging, Inline Filling Systems, Körber, N.K.P. Pharma, OMAG, OPTIMA, Ropack, Trustar Pharmaceutical and Packing Equipment, and Vanguard Pharmaceutical Machinery.

Market driver

• Growing pharmaceutical industry
• For a full, detailed list, view our report

Market challenge

• Availability of used and rebuilt machinery
• For a full, detailed list, view our report

Market trend

• Adoption of robotics technology
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 65 pages and 25 Exhibit “Global Pharmaceutical Packaging Equipment Market 2016 - 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by packaging type, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

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