Tag Archives: Cartoning Equipment Market

Pharmaceutical Packaging Equipment Market Growth in Europe

Pharmaceutical packaging equipment provides quality and packaging safety for pharmaceutical products. This packaging equipment is flexible, automated and modern, which is integrated to meet the requirements of pharmaceutical products. Pharmaceutical packaging the equipment is classified into two types, namely primary and secondary packaging. This equipment is used to package liquid, solid and semi-solid products. Pharmacist The packaging is made of glass, plastic, paper, metal and other raw materials.

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Asia Pacific Pharmaceutical Packaging Equipment Market size was around USD 1.75 billion in 2018. It is expected to grow at a CAGR of 6.9% to reach USD 2.4 billion by 2023.

Pharmaceutical Packaging Equipment Market Value and Growth in North America

****** Pharmaceutical Packaging Equipment market is anticipated at USD 6.3 Billion in 2018 and envisioned to be developing at a CAGR of 6.7%, to reach USD 8.71 Billion by 2023. The packaging of pharmaceutical products and drug shipping structures is an essential step within the pharmaceutical industry. Pharmaceutical packaging system gives safety and exceptional of packaging for pharmaceutical products. Unlike traditional packaging systems, pharmaceutical packaging device used nowadays are modern-day, flexible, automatic and are covered to meet pharmaceutical merchandise necessities.

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Factors affecting market growth:

  •  Improved R&D investments (+)
  •  Growing generic and contract manufacturing activities (+)