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(Medical-NewsWire.com, October 16, 2017 ) The liquid packaging equipment segment occupied the largest share of the overall market in 2016, due to increasing demand for automation and increase in prevalence of eye and ear disorders resulting in increased use of liquid dosage. Based on packaging type,the primary packaging segment held the major share of the overall market in 2016, due to technological advancements and increasing regulatory modifications related to pharmaceutical product packaging. The aseptic filling and sealing equipment segment dominated the global primary packaging equipment market in 2016.
North America occupied the largest share of the overall market in 2016, due to R&D expenditure and existence of major pharmaceutical companies in this region.Asia-Pacific is poised to grow at highest rate during the forecast period. This is attributed to factors such as increasing aging population, rise in manufacturing activities and rapid development in pharma and biotech infrastructure. Moreover, theNorth American and European pharmaceutical companies are outsourcing their manufacturing processes to Asian countries due to low labor cost, which is further contributing to the market growth.
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Market Classification
Pharmaceutical Packaging Equipment Market, By Product, Estimates and Forecast, 2016-2025 ($Million)
Solids Packaging Equipment
Tablet Packaging Equipment
Powder Packaging Equipment
Capsule Packaging Equipment
Semi-Solids Packaging Equipment
Cream Packaging Equipment
Ointment Packaging Equipment
Liquids Packaging Equipment
Syrup Packaging Equipment
Aerosol Packaging Equipment
Eye/Ear Drop Packaging Equipment
Pharmaceutical Packaging Equipment Market, By Package Type, Estimates and Forecast, 2016-2025 ($Million)
Primary Packaging Equipment
Blister Packaging Equipment
Soft Tube Filling and Sealing Equipment
Bottle Filling and Capping Equipment
Sachet Packaging Equipment
Aseptic Filling and Sealing Equipment
Others
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Source: EmailWire.Com 
Source: EmailWire.com
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