The global pharmaceutical tablet packaging equipment market is forecasted to grow at a CAGR of 8.98% during the period 2017-2021

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Nov 13, 2017, 12:16 ET

LONDON, Nov. 13, 2017 /PRNewswire/ -- About Pharmaceutical Tablet Packaging Equipment

Pharmaceutical tablets are the solid unit dosage medicines comprising active substances and excipients. The packaging for pharmaceutical tablets is available in several forms including blister packs, strip packs, and aluminum foil. Based on the needs and requirements of the packaging, pharmaceutical packaging equipment are required for the packaging of pharmaceutical tablets. Pharmaceutical packaging equipment is a machinery used to pack pharmaceutical products so that they remain unscathed in the event of contamination through external toxins and microbial activity, and to extend their shelf life. Continuous improvements and innovations in the pharmaceuticals industry through drug developments and increased sales are driving the growth of the market. With growing benefits of pharmaceutical packaging, the demand for pharmaceutical tablet packaging equipment is increasing.

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Technavio's analysts forecast the global pharmaceutical tablet packaging equipment market to grow at a CAGR of 8.98% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global pharmaceutical tablet packaging equipment market for 2017-2021. To calculate the market size, the report considers the revenue generated by different vendors through the sales of tablet packaging equipment by several types which include blister packaging equipment, strip packaging equipment, aluminum foil packaging equipment, and other equipment. The 'others' segment includes fill and sealing equipment, automatic pouch packing machine, tablet counting machine, and vertical tablet packing machine.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Pharmaceutical Tablet Packaging Equipment Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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

Market driver
• Growing developments in pharmaceutical industry
• For a full, detailed list, view our report

Market challenge
• Availability of used equipment
• For a full, detailed list, view our report

Market trend
• Rising developments in pharmaceutical packaging equipment industry
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Download the full report: https://www.reportbuyer.com/product/5192393

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