Pharmaceutical Packaging Machinery Market Size , Share , Trends , Analysis and Forecasts To 2022
The Global Pharmaceutical Packaging Machinery market is expected to reach $ 8.25 billion by 2022 growing at a CAGR of 9.60 % during the forecast period 2014 to 2022 . Rapid growth of pharmaceutical industry , growing demand for drug delivery devices & blister packaging and nanotechnology contribute for the market growth . Challenges in emerging markets , increasing overall packaging costs , strict global health rules and environmental & political norms are some of the key factors hampering the market growth . Global demand for primary pharmaceutical containers pose plenty of opportunities for the vendors involved in this market . The manufacturing equipment for all sizes of tablets , capsules , ointments , cosmetics , liquid for pharmaceutical industry is available in the market .
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The pharmaceutical packaging machinery market is segmented by type , by product and by geography . Based on type , market is segregated into blister packaging machinery , strip packaging machinery , filling and capping machinery , cartoning machinery , wrapping machinery , pre-fillable inhalers , tray packaging machinery and others . Based on product type , the market is categorised into Solids Packaging Equipment , Semi-Solids Packaging Equipment , Liquids Packaging Equipment and Other Packaging Type .
Solids Packaging Equipment is further divided into capsule , tablet , powder and others . Semi-Solids Packaging Equipment is further divided into ointment , cream and others . Liquids Packaging Equipment is further segmented into syrup , aerosol and others . Market by geography is segmented into North America , Europe , Asia Pacific and Rest of the World . Asia Pacific represents the largest as well as the fastest growing market worldwide .
The Key players in the market include , Robert Bosch Gmbh , Bausch & Ströbel Maschinenfabrik Ilshofen , IMA , Korber , Mg2 , Romaco Pharmatechnik , Uhlmann Group , Optima Packaging Group , Multivac Group and Marchesini Group Spa .
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What our report offers :
- Market share assessments for the regional and country level segments - Market share analysis of the top industry players
- Strategic recommendations for the new entrants