Global Pharmaceutical Packaging Equipment Market 2016-2020
- Published: Aug 2016
- Pages: 65
- SKU: IRTNTR8619
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This pharmaceutical packaging equipment market report provides an analysis of the market by packaging type (primary packaging and secondary packaging). It outlines the market shares of key regions such as the Americas, APAC, and EMEA. The report also provides an analysis of the market’s competitive landscape and offers information on several companies including Marchesini Group, Mg2, MULTIVAC Group, Bosch, Romaco Pharmatechnik, and Uhlmann Group.
The infographic below contains key findings from our analysis of the pharmaceutical packaging equipment market
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Market outlook of the global pharmaceutical packaging equipment market
The global pharmaceutical packaging equipment market research predicts the market to grow at a CAGR of around 5% between 2016 and 2020. The growing technological innovation and an increase in investment in the manufacturing sector by vendors in APAC have fueled the growth of this market. The market has been witnessing growth since 2012 owing to the development of the pharmaceutical industry globally. High import duties along with the need for cost-effective manufacturing facilities create a remarkable opportunity for the pharmaceutical packaging equipment market in developing countries such as India and China.
The growing advancements and developments in the pharmaceutical industry have surged the demand for new and novel drug discovery, increasing the packaging requirements for the same. Owing to the high growth in APAC, the global pharmaceutical packaging equipment market is expected to experience significant growth in the near future.
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Segmentation by packaging type and analysis of the pharmaceutical packaging equipment market
- Primary packaging equipment
- Secondary packaging equipment
Preference from end-users for unit dosage forms is one of the major factors boosting the demand for primary packaging equipment. The market attractiveness for secondary pharmaceutical packaging equipment is low owing to the high demand for primary pharmaceutical packaging products.
Geographical segmentation and analysis of the pharmaceutical packaging equipment market
During 2015, the global pharmaceutical packaging equipment market was led by the Americas with a market share of more than 30%. The demand for different pharmaceutical packaging equipment worldwide depends on several factors such as advancements in the pharmaceutical industry, patent expirations of a number of drugs in the pipeline, economic growth in the region, and cost of production.
Competitive landscape and key vendors
The global pharmaceutical packaging equipment market is highly fragmented with several multinational, regional, and local suppliers. None of the major players in this market have more than 18% of market share.
According to the pharmaceutical packaging equipment market analysis, the leading vendors in the market are -
- Marchesini Group
- MULTIVAC Group
- Robert Bosch
- Romaco Pharmatechnik
- Uhlmann Group
Other prominent vendors in the market include Bausch + Ströbel Maschinenfabrik Ilshofen, Busch Machinery, Dara Pharmaceutical Packaging, Inline Filling Systems, Körber, N.K.P. Pharma, OMAG, OPTIMA, Ropack, Trustar Pharma & Packing Equipment, and Vanguard Pharmaceutical Machinery.
Key questions answered in the report include
- What will the market size and the growth rate be in 2020?
- What are the key factors driving the global pharmaceutical packaging equipment market?
- What are the key market trends impacting the growth of the global pharmaceutical packaging equipment 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 vendors in the global pharmaceutical packaging equipment market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA?
- What are the key outcomes of the five forces analysis of the global pharmaceutical packaging equipment market?
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Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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