Global Pharmaceutical Tablet Packaging Equipment Market 2017-2021

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Overview of the global pharmaceutical tablet packaging equipment market

Technavio’s pharmaceutical tablet packaging equipment market research report identifies that the increasing developments in the pharmaceutical industry will be one of the primary growth drivers for the global pharmaceutical tablet packaging equipment market until 2021. The adoption of advanced drug delivery technologies and unique packaging solutions is increasing due to the rising pressure on pharmaceutical companies from consumers, investors, regulators, and governments to drive down costs and improve product performance in terms of efficacy and ease of use. Factors such as the increased number of patents is driving the need for such advanced packaging solutions for new drug innovations. Furthermore, the rising incidents of chronic diseases and competition and huge investments will also boost the adoption of pharmaceutical tablet packaging equipment or tablet press. Our market research analysts predict that this market will grow at a CAGR of close to 9% by 2021.

The growing enhancements in tablet counting machine or equipment is identified as one of the key trends that will gain traction in the global pharmaceutical tablet packaging equipment market during the projected period. This equipment fills the solid-dose tablets or capsules in the required packaging after counting and weighing them. For instance, APPS introduced the R1K compact electronic tablet counter, which can be used as a bulk product counter, counter or capsule filling machine for filling pouches or bottles, or check counter.

Competitive landscape and key vendors

The pharmaceutical tablet packaging equipment market is highly competitive. Vendors of the pharmaceutical tablet packaging equipment are increasingly focusing on sustainability. This encourages them to offer sustainable solutions to their customers. Consequently, these vendors are considered environment-friendly by end-users.

According to the pharmaceutical tablet packaging equipment market analysis report, the vendors in this market are -

• Bosch
• GEA Group
• LMT Group
• IMA
• Marchesini Group
• MG2
• MULTIVAC
• Romaco Group
• UHlmann
• Busch Machinery

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Segmentation by product type and analysis of the pharmaceutical tablet packaging equipment market

• Blister packaging equipment
• Strip packaging equipment
• Aluminum foil packaging equipment

The blister packaging machine segment contributed the majority of shares during 2016 because it offers pre-heating and forming units to handle the packaging materials. The segment will continue to grow because automatic strip blister packaging and PVC blister packaging equipment can handle high-volume orders at once. Consequently, the tablet processing & packaging equipment market will experience growth in this segment.

Segmentation by geography and analysis of the pharmaceutical tablet packaging equipment market

• Americas
• APAC
• EMEA

The consumption of medicines, tablets, and capsules is high in the Americas. The rising investments in the research and development (R&D) will positively influence the development of drugs in the region. Furthermore, the increased spending on medicines in the US will boost the demand for pharmaceutical machinery or tablet packaging equipment during the estimated period.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global pharmaceutical tablet packaging equipment market?
• What are the key market trends impacting the growth of the global pharmaceutical tablet packaging equipment market?
• What are the challenges to market growth?
• Who are the key vendors in the global pharmaceutical tablet packaging equipment market?
• What are the market opportunities and threats faced by the vendors in the global pharmaceutical tablet packaging equipment market?
• What are the 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 tablet packaging equipment market?

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