Global Pharmaceutical Packaging Equipment Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
The Global Pharmaceutical Packaging Equipment Market Report by The Business Research Company covers pharmaceutical packaging equipment market drivers and restraints, pharmaceutical packaging equipment market size, major players, and the impact of COVID-19 on 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.
The global pharmaceutical packaging market is expected to grow from $7.80 billion in 2020 to $8.81 billion in 2021 at a compound annual growth rate (CAGR) of 13%. The growth in the pharmaceutical packaging equipment market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The 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. The elderly population is increasing rapidly across the world, and it is expected to continue over the forecast period.
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Some pharmaceutical packaging equipment market trends include an increase in automatic packaging machines. These machines automatically supply packing materials and contents, and other parts of the packaging process can be done automatically as well.
Global pharmaceutical packaging equipment market segments include:
1) By Product: Primary Packaging Equipment, Secondary Packaging Equipment, Labeling And Sterilization Equipment
2) By Packaging Type: Liquids Packaging Equipment, Solid Packaging Equipment, Semi-Solid Packaging Equipment
3) By Equipment Type: Blenders, Granulators, Tablet Pressers, Tablet Coating Machine, Allied Machines
4) By Mode of Administration: Injectable Administration, Topical Administration, Oral Administration
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Pharmaceutical Packaging Equipment Global Market Report 2021: COVID-19 Growth And Change is one of a series of new reports from The Business Research Company that provides pharmaceutical packaging equipment market overviews, analyzes and forecasts market size, share, pharmaceutical packaging equipment market players, pharmaceutical packaging equipment market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The pharmaceutical packaging equipment identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Pharmaceutical Packaging Equipment Global Market Report 2021: COVID-19 Growth And Change from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Market Players Covered: 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, ACG Group, Coesia S.P.A., Syntegon Technology, Trustar Pharma & Packing Equipment, Inline Filling Systems, Dara Pharmaceutical Packaging, ARPAC LLC, Romaco Group, N.K.P. Pharma, Ropack, and Trustar Pharma & Packing Equipment.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Pharmaceutical Packaging Equipment Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Pharmaceutical Packaging Equipment Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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