#Global Pharmaceutical Packaging Equipment Market Segments
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Global top 13 companies accounted for 66% of Total Frozen Spring Roll market(qyresearch, 2021)
The table below details the Discrete Manufacturing ERP revenue and market share of major players, from 2016 to 2021. The data for 2021 is an estimate, based on the historical figures and the data we interviewed this year.
Major players in the market are identified through secondary research and their market revenues are determined through primary and secondary research. Secondary research includes the research of the annual financial reports of the top companies; while primary research includes extensive interviews of key opinion leaders and industry experts such as experienced front-line staffs, directors, CEOs and marketing executives. The percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.
According to the new market research report “Global Discrete Manufacturing ERP Market Report 2023-2029”, published by QYResearch, the global Discrete Manufacturing ERP market size is projected to reach USD 9.78 billion by 2029, at a CAGR of 10.6% during the forecast period.
Figure. Global Frozen Spring Roll Market Size (US$ Mn), 2018-2029
Figure. Global Frozen Spring Roll Top 13 Players Ranking and Market Share(Based on data of 2021, Continually updated)
The global key manufacturers of Discrete Manufacturing ERP include Visibility, Global Shop Solutions, SYSPRO, ECi Software Solutions, abas Software AG, IFS AB, QAD Inc, Infor, abas Software AG, ECi Software Solutions, etc. In 2021, the global top five players had a share approximately 66.0% in terms of revenue.
About QYResearch
QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.
QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.
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Pharmaceutical Packaging Market 2030 Top Key Players, Trends, Share, Industry Size, Segmentation
The global pharmaceutical packaging market was valued at USD 139.37 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 9.7% from 2024 to 2030. This growth is largely driven by the rapid expansion of the pharmaceutical industry, which has been advancing due to scientific and technological innovations. The ongoing growth is expected to continue, especially in developing regions such as China, India, Saudi Arabia, and Brazil, where healthcare infrastructure and demand for medicines are expanding significantly.
In 2023, the United States represented the largest pharmaceutical market globally. Several factors contribute to this, including a well-established healthcare system, high per capita income, and substantial investments in research and drug development. The increasing focus on generic drugs and the improvement in healthcare services are expected to provide promising opportunities for the pharmaceutical packaging market. Notably, the 21st Century Cures Act (Cures Act), signed in 2016, is aimed at accelerating medical product development in the U.S., thus fostering innovation in the pharmaceutical industry. This legislation is anticipated to boost demand for pharmaceutical packaging by supporting the launch of new and innovative drug formulations.
Gather more insights about the market drivers, restrains and growth of the Pharmaceutical Packaging Market
Europe’s pharmaceutical sector is one of its high-performing and technologically advanced industries, significantly contributing to the regional economy. The sector is evolving with an increased focus on developing biopharmaceutical drugs, which has grown over recent years. Many biotechnology-based drug therapies are sensitive to degradation and thus require specialized packaging, such as lyophilized or dry powder forms, to maintain stability. This demand for sophisticated packaging solutions is creating new growth opportunities for packaging manufacturers.
Pharmaceutical products are primarily available in forms such as tablets, capsules, liquids, and powders. They require various packaging solutions, including rigid bottles, stand-up pouches, flat pouches, sachets, and blister packs, each designed to meet specific needs. Packaging companies are now prioritizing features like dispensing aids, administration tools, eco-friendly materials, tamper-evident seals, and anti-counterfeiting measures to enhance product safety, accessibility, and sustainability.
End-use Segmentation Insights:
The pharma manufacturing segment was the largest end-use segment in 2023, accounting for a 49.9% market share, and is anticipated to see strong growth through to 2030. This trend is primarily due to the rising demand for medicines worldwide. According to the World Health Organization (WHO), the global population aged over 60 is expected to nearly double from 12% in 2015 to 22% by 2050, increasing the need for medicines and healthcare. The aging population requires more medical assistance, which is driving pharmaceutical production and, subsequently, the demand for pharmaceutical packaging.
To manage costs and increase efficiency, pharmaceutical companies are increasingly outsourcing packaging activities. By outsourcing, companies can avoid investing directly in packaging materials and equipment, instead working with specialized contractors who provide efficient packaging solutions. This shift is expected to fuel demand for contract manufacturing and pharmaceutical packaging equipment.
Retail pharmacies, especially in developing countries like India, China, and Brazil, are using branding on packaging materials such as polybags and paper pouches to differentiate their products. As retail penetration expands in these regions, the retail pharmacy segment is likely to see significant growth.
Institutional pharmacies, which operate within healthcare facilities like hospitals, nursing homes, and assisted living communities, are expected to grow as well. The increasing number of hospitals and healthcare facilities, along with rising healthcare expenditures, is likely to drive demand for pharmaceutical packaging in this segment. With a growing focus on healthcare accessibility and quality, the institutional pharmacy end-use sector is anticipated to contribute significantly to the overall growth of the pharmaceutical packaging market.
Order a free sample PDF of the Pharmaceutical Packaging Market Intelligence Study, published by Grand View Research.
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Pharmaceutical Packaging Market 2030 Driving Factors, Future Trends, Size & Key Vendors
The global pharmaceutical packaging market was valued at USD 139.37 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 9.7% from 2024 to 2030. This growth is largely driven by the rapid expansion of the pharmaceutical industry, which has been advancing due to scientific and technological innovations. The ongoing growth is expected to continue, especially in developing regions such as China, India, Saudi Arabia, and Brazil, where healthcare infrastructure and demand for medicines are expanding significantly.
In 2023, the United States represented the largest pharmaceutical market globally. Several factors contribute to this, including a well-established healthcare system, high per capita income, and substantial investments in research and drug development. The increasing focus on generic drugs and the improvement in healthcare services are expected to provide promising opportunities for the pharmaceutical packaging market. Notably, the 21st Century Cures Act (Cures Act), signed in 2016, is aimed at accelerating medical product development in the U.S., thus fostering innovation in the pharmaceutical industry. This legislation is anticipated to boost demand for pharmaceutical packaging by supporting the launch of new and innovative drug formulations.
Gather more insights about the market drivers, restrains and growth of the Pharmaceutical Packaging Market
Europe’s pharmaceutical sector is one of its high-performing and technologically advanced industries, significantly contributing to the regional economy. The sector is evolving with an increased focus on developing biopharmaceutical drugs, which has grown over recent years. Many biotechnology-based drug therapies are sensitive to degradation and thus require specialized packaging, such as lyophilized or dry powder forms, to maintain stability. This demand for sophisticated packaging solutions is creating new growth opportunities for packaging manufacturers.
Pharmaceutical products are primarily available in forms such as tablets, capsules, liquids, and powders. They require various packaging solutions, including rigid bottles, stand-up pouches, flat pouches, sachets, and blister packs, each designed to meet specific needs. Packaging companies are now prioritizing features like dispensing aids, administration tools, eco-friendly materials, tamper-evident seals, and anti-counterfeiting measures to enhance product safety, accessibility, and sustainability.
End-use Segmentation Insights:
The pharma manufacturing segment was the largest end-use segment in 2023, accounting for a 49.9% market share, and is anticipated to see strong growth through to 2030. This trend is primarily due to the rising demand for medicines worldwide. According to the World Health Organization (WHO), the global population aged over 60 is expected to nearly double from 12% in 2015 to 22% by 2050, increasing the need for medicines and healthcare. The aging population requires more medical assistance, which is driving pharmaceutical production and, subsequently, the demand for pharmaceutical packaging.
To manage costs and increase efficiency, pharmaceutical companies are increasingly outsourcing packaging activities. By outsourcing, companies can avoid investing directly in packaging materials and equipment, instead working with specialized contractors who provide efficient packaging solutions. This shift is expected to fuel demand for contract manufacturing and pharmaceutical packaging equipment.
Retail pharmacies, especially in developing countries like India, China, and Brazil, are using branding on packaging materials such as polybags and paper pouches to differentiate their products. As retail penetration expands in these regions, the retail pharmacy segment is likely to see significant growth.
Institutional pharmacies, which operate within healthcare facilities like hospitals, nursing homes, and assisted living communities, are expected to grow as well. The increasing number of hospitals and healthcare facilities, along with rising healthcare expenditures, is likely to drive demand for pharmaceutical packaging in this segment. With a growing focus on healthcare accessibility and quality, the institutional pharmacy end-use sector is anticipated to contribute significantly to the overall growth of the pharmaceutical packaging market.
Order a free sample PDF of the Pharmaceutical Packaging Market Intelligence Study, published by Grand View Research.
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Barrier Coatings for Packaging: Market Trends Analysis and Demand Forecast by Region and Application
Barrier coatings for packaging have emerged as crucial components in enhancing product preservation and extending shelf life, particularly in the food and beverage, pharmaceuticals, and consumer goods sectors. These coatings act as protective barriers, preventing the ingress of moisture, gases, and other contaminants, thereby ensuring product integrity and quality. As global demand for sustainable packaging solutions increases, the barrier coatings market is experiencing significant growth, driven by innovation, regulatory support, and changing consumer preferences.
Market Trends
One of the most notable trends in the barrier coatings market is the shift towards eco-friendly and sustainable materials. With increasing environmental concerns and consumer demand for greener products, manufacturers are investing in bio-based and biodegradable coatings. These materials not only reduce reliance on fossil fuels but also enhance recyclability and compostability, aligning with global sustainability goals. Key players in the market are exploring alternatives to traditional petroleum-based coatings, focusing on materials derived from renewable sources.
Additionally, technological advancements are playing a pivotal role in the evolution of barrier coatings. Innovations such as nanotechnology and the development of advanced polymer blends are leading to improved barrier properties and functionality. These advancements enable the production of thinner, lighter coatings with enhanced performance characteristics, reducing material usage and costs. Furthermore, smart coatings equipped with functionalities like antimicrobial properties and moisture indicators are gaining traction, particularly in the food packaging sector, where safety and quality are paramount.
Regional Analysis
The demand for barrier coatings varies significantly across different regions, influenced by factors such as industrialization, consumer behavior, and regulatory frameworks.
North America: The North American market for barrier coatings is driven by the growing food and beverage sector, coupled with stringent regulations regarding food safety and quality. The region's emphasis on sustainable packaging is also propelling demand for eco-friendly barrier coatings.
Europe: Europe is at the forefront of adopting innovative packaging solutions, with a strong focus on sustainability. The European market benefits from stringent environmental regulations, which encourage the use of bio-based coatings. Countries like Germany, France, and the UK are leading in the implementation of advanced barrier technologies.
Asia-Pacific: The Asia-Pacific region is witnessing rapid growth in the barrier coatings market, fueled by increasing urbanization, a rising middle class, and a booming e-commerce sector. Countries like China and India are expanding their food and beverage industries, driving the demand for effective packaging solutions. Furthermore, the growing emphasis on sustainability in packaging practices is likely to boost the adoption of barrier coatings.
Latin America and Middle East & Africa: These regions are gradually recognizing the importance of barrier coatings in enhancing product safety and longevity. The growing awareness of health and safety standards in packaging is likely to stimulate demand in these markets.
Application Segmentation
Barrier coatings are employed across various applications, including food and beverage packaging, pharmaceutical packaging, and consumer goods packaging. The food and beverage sector is the largest segment, driven by the need to preserve freshness and extend shelf life. Pharmaceuticals also represent a significant application area, where maintaining product integrity is critical.
In conclusion, the barrier coatings market for packaging is poised for substantial growth, driven by technological advancements and a shift towards sustainable practices. The increasing demand for high-performance coatings across various industries, coupled with regional dynamics, presents numerous opportunities for manufacturers. As consumer awareness of sustainability continues to rise, barrier coatings will play an essential role in shaping the future of packaging solutions. By staying attuned to market trends and consumer needs, businesses can effectively navigate this evolving landscape and capitalize on emerging opportunities.
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Revenue Forecast and Competitive Landscape for the Polypropylene Market
Global Polypropylene Market Overview: Major Trends and Insights
The Polypropylene Market research report offers an in-depth analysis of market dynamics, competitive landscapes, and regional growth patterns. This comprehensive report provides businesses with the strategic insights necessary to identify growth opportunities, manage risks, and develop effective competitive strategies in an ever-evolving market.
According to Straits Research, the global Polypropylene Market market size was valued at USD 125.25 billion in 2023. It is projected to reach from USD 129.48 billion in 2024 to USD 168.92 billion by 2032, growing at a CAGR of 3.38% during the forecast period (2024–2032).
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Global Polypropylene Market Segmental Analysis
As a result of the Polypropylene market segmentation, the market is divided into sub-segments based on product type, application, as well as regional and country-level forecasts.
By Type
Copolymer
Homopolymer
By End-User
Automotive
Consumer Goods/Lifestyle
Electrical & Electronics
Others
Agriculture
Healthcare & Pharmaceuticals
Infrastructure & Construction
Packaging
You can check In-depth Segmentation from here: https://straitsresearch.com/report/polypropylene-market/toc
Why Invest in this Report?
Leverage Data for Strategic Decision-Making: Utilize detailed market data to make informed business decisions and uncover new opportunities for growth and innovation.
Craft Expansion Strategies for Diverse Markets: Develop effective expansion strategies tailored to various market segments, ensuring comprehensive coverage and targeted growth.
Conduct Comprehensive Competitor Analysis: Perform in-depth analyses of competitors to understand their market positioning, strategies, and operational strengths and weaknesses.
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Benchmark Against Key Competitors: Use benchmarking to compare your business's performance against leading competitors, identifying areas for improvement and potential competitive advantages.
Formulate Region-Specific Growth Strategies: Develop geographically tailored strategies to capitalize on local market conditions and consumer preferences, driving targeted business growth in key regions.
List of Top Leading Players of the Polypropylene Market -
LyondellBasell Industries N.V. (Netherlands)
ExxonMobil Chemical (U.S.)
China National Petroleum Corporation (China)
INEOS (UK)
China Petroleum & Chemical Corporation (China)
SABIC (Saudi Arabia)
Ducor Petrochemicals (Netherlands)
Reliance Industries Limited (India)
Formosa Plastic Group (Taiwan)
Total S.A. (France)
Braskem (Brazil)
BASF SE (Germany)
Repsol (Spain)
Borouge (UAE)
Borealis AG (Austria)
MOL Group (Hungary)
Beaulieu International Group (Belgium)
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Regional Analysis Polypropylene Market
The regional analysis sectio n of the report offers a thorough examination of the global Polypropylene market, detailing the sales growth of various regional and country-level markets. It includes precise volume analysis by country and market size analysis by region for both past and future periods. The report provides an in-depth evaluation of the growth trends and other factors impacting the Polypropylene market in key countries, such as the United States, Canada, Mexico, Germany, France, the United Kingdom, Russia, Italy, China, Japan, Korea, India, Southeast Asia, Australia, Brazil, and Saudi Arabia. Moreover, it explores the progress of significant regional markets, including North America, Europe, Asia-Pacific, South America, and the Middle East & Africa.
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The Freeze Drying Equipment Market is set to reach $8.4 billion by 2031
Meticulous Research®, a leading global market research firm, has published a report titled “Freeze Drying Equipment Market—Global Opportunity Analysis and Industry Forecast (2024-2031).” This report forecasts that the freeze drying equipment market is set to reach $8.4 billion by 2031, with a compound annual growth rate (CAGR) of 7.9% from 2024 to 2031.
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The growth of the freeze drying equipment market is primarily driven by the increasing adoption of lyophilization for food preservation, advancements in automation within the freeze drying process, and the rapid growth of the cosmetics and personal care industries. However, high capital costs and stringent regulatory requirements pose significant challenges to market expansion.
In addition to these factors, rising demand for lyophilized products in the pharmaceutical sector and increasing investments in research and development laboratories present substantial opportunities for market participants. Nevertheless, the complexity of operating procedures and competition from alternative drying methods are notable challenges. Furthermore, trends such as the emergence of miniature and portable freeze drying units, along with customized freeze drying solutions, are gaining traction in the market.
### Key Players
The freeze drying equipment market is characterized by moderate competition, featuring a mix of large and small players from global, regional, and local markets. Notable companies in this sector include GEA Group Aktiengesellschaft (Germany), Tofflon Science and Technology Co., Ltd (China), Labconco Corporation (U.S.), and Azbil Corporation (Japan), among others. Other significant players include Millrock Technology, Cuddon Freeze Dry, and Martin Christ Gefriertrocknungsanlagen GmbH, among many others.
The market is segmented by component, type, scale of operation, and application, with the report also analyzing competitors and market dynamics at regional and country levels.
### Market Segmentation
Among the components analyzed, the loading and unloading systems segment is expected to lead the market in 2024. The increased use of laboratory and pilot-scale freeze drying equipment, coupled with automation to reduce manual labor and improve production rates, contributes to this segment's strong position.
In terms of equipment type, tray freeze dryers are anticipated to dominate the market, expected to capture a significant share in 2024. Their efficiency in drying and cost-effectiveness, along with rising demand across industries like pharmaceuticals, food, and biotechnology, bolster their market leadership.
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Regarding scale of operation, production freeze drying equipment is projected to hold the largest market share in 2024. The growing need for larger-scale production capabilities in the pharmaceutical and food sectors, combined with continuous technological advancements and a focus on product quality, drive this trend.
For applications, the food processing and packaging segment is expected to lead the market, driven by the demand for nutrient preservation, extended shelf life, and increasing consumer preference for healthy food options.
### Geographic Insights
The report provides a comprehensive analysis of major regions, including North America (U.S. and Canada), Europe (Germany, U.K., France, and others), Asia-Pacific (Japan, China, India, and others), Latin America (Brazil and Mexico), and the Middle East & Africa (UAE and Israel).
In 2024, Asia-Pacific is expected to dominate the freeze drying equipment market, driven by rapid growth in the food and pharmaceutical industries. Factors such as stringent food safety regulations, heightened consumer awareness regarding food quality, and the expansion of market players in countries like India and China contribute to the region's leading position in the market. Overall, the freeze drying equipment market is poised for significant growth, fueled by innovation and increasing demand across multiple sectors.
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Thawing Equipment Market Size, Share, Trends, Growth Opportunities and Competitive Outlook
"Global Thawing Equipment Market – Industry Trends and Forecast to 2029
Global Thawing Equipment Market, By Product (Manual, Automatic), Sample (Blood Products, Ovum/Embryo, Semen, Human Tissue Samples, Organs, Stem Cells, Other), End User (Blood Banks and Transfusion Centers, Hospitals, Research Laboratories, Pharmaceutical Industry, Biobanks, Gene Banks), Application (Therapeutic Applications, Research Applications, Clinical Trials, Other Applications) – Industry Trends and Forecast to 2029.
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**Segments**
- **Material Type:** - Based on material type, the wicketed bags market can be segmented into polyethylene (PE), polypropylene (PP), polyethylene terephthalate (PET), biodegradable materials, and others. Among these, polyethylene bags are expected to dominate the market due to their cost-effectiveness and versatility in various applications.
- **Closure Type:** - The closure type segment includes options such as resealable zipper closures, heat seal closures, adhesive closures, and others. Resealable zipper closures are gaining popularity due to their convenience and ability to keep the contents fresh for longer durations.
- **End-Use Industry:** - This segment categorizes the wicketed bags market based on end-use industries like food packaging, pharmaceuticals, personal care and cosmetics, industrial, retail, and others. The food packaging industry is anticipated to hold a significant share owing to the increasing demand for convenient and sustainable packaging solutions.
**Market Players**
- **Amcor plc:** - Amcor is a key player in the wicketed bags market, offering a wide range of packaging solutions that cater to various industries. The company focuses on innovation and sustainability to meet the evolving needs of customers.
- **Bemis Company, Inc.:** - Bemis Company is another prominent player known for its advanced packaging technologies, including wicketed bags. The company's strong market presence and focus on product quality have solidified its position in the industry.
- **Berry Global, Inc.:** - Berry Global is a leading manufacturer of wicketed bags, providing customizable packaging solutions to meet specific requirements. The company's robust supply chain and global reach make it a reliable partner for customers worldwide.
- **Mondi plc:** - Mondi is a well-known name in the packaging industry, offering innovative wicketed bag solutions that prioritize sustainability and efficiency. With a strongThe wicketed bags market is witnessing significant growth and evolution driven by various segmentation factors. Material type segmentation plays a crucial role in determining the market landscape. The dominance of polyethylene (PE) bags is primarily attributed to their cost-effectiveness and versatility across different applications. Polypropylene (PP) and polyethylene terephthalate (PET) bags also offer unique advantages, but the eco-friendly trend is fueling the demand for biodegradable materials in wicketed bags. As sustainability becomes a key focus for many industries, the market is likely to witness a shift towards biodegradable options in the coming years.
Closure type segmentation further enhances the customization and functionality of wicketed bags. Resealable zipper closures have gained popularity due to their convenience and ability to maintain product freshness over extended periods. Heat seal closures and adhesive closures also play significant roles in meeting specific requirements of different industries. The choice of closure type can impact consumer convenience, product protection, and overall user experience, making it a crucial element in the wicketed bags market segmentation.
The end-use industry segment categorizes the wicketed bags market based on the applications across various sectors. The food packaging industry is poised to be a key driver of the market growth due to the rising demand for convenient and sustainable packaging solutions. With consumers placing increasing emphasis on convenience and eco-friendliness, wicketed bags offer a practical solution for food packaging companies looking to align with these preferences. Additionally, the pharmaceutical, personal care and cosmetics, industrial, retail, and other industries also contribute to the diverse applications of wicketed bags, showcasing the market's versatility and adaptability to different market demands.
Market players such as Amcor plc, Bemis Company, Inc., Berry Global, Inc., and Mondi plc are key contributors to the growth and innovation in the wicketed bags market. These companies bring a wealth of experience, technological expertise, and a strong focus on sustainability to the table, catering to the**Global Thawing Equipment Market**
- **Product:** - The thawing equipment market is segmented based on product types into manual and automatic thawing equipment. Both manual and automatic thawing equipment play a crucial role in various industries such as blood banks, hospitals, research laboratories, and the pharmaceutical industry, catering to different needs and requirements.
- **Sample:** - The sample segment categorizes the thawing equipment market based on the types of samples being thawed. This includes blood products, ovum/embryo, semen, human tissue samples, organs, stem cells, and other sample types. Each sample category requires specific thawing conditions and protocols, driving the demand for specialized thawing equipment in the market.
- **End User:** - The end-user segment of the thawing equipment market entails blood banks and transfusion centers, hospitals, research laboratories, the pharmaceutical industry, biobanks, and gene banks. Each end user has unique thawing needs based on the samples being handled, highlighting the importance of tailor-made thawing equipment solutions for different applications.
- **Application:** - The application segment further refines the market by categorizing the use of thawing equipment into therapeutic applications, research applications, clinical trials, and other applications. Thawing equipment plays a critical role in ensuring the integrity and viability of samples for various applications, making it a key component in the healthcare and research sectors.
The global thawing equipment market is witnessing significant growth and
Countries Studied:
North America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)
Objectives of the Report
To carefully analyze and forecast the size of the Thawing Equipment market by value and volume.
To estimate the market shares of major segments of the Thawing Equipment
To showcase the development of the Thawing Equipment market in different parts of the world.
To analyze and study micro-markets in terms of their contributions to the Thawing Equipment market, their prospects, and individual growth trends.
To offer precise and useful details about factors affecting the growth of the Thawing Equipment
To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Thawing Equipment market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.
Key questions answered
How feasible is Thawing Equipment Market for long-term investment?
What are influencing factors driving the demand for Thawing Equipment near future?
What is the impact analysis of various factors in the Global Thawing Equipment market growth?
What are the recent trends in the regional market and how successful they are?
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RTF/RTU Vials Market to Witness 14.5% CAGR Growth by 2030
The global ready-to-fill/ready-to-use (RTF/RTU) vials market is witnessing significant growth due to pharmaceutical companies' increasing emphasis on enhancing operational efficiency, the rising popularity of injectable drugs, expanding production of vials, escalating healthcare expenditure, and the overall growth of the pharmaceutical sector. Consequently, the revenue from these products is projected to grow at a 14.5% CAGR between 2021 and 2030, reaching $1,183.4 million by the end of the forecast period.
The COVID-19 pandemic has further accelerated the demand for RTF/RTU vials, driven by the need for vaccine distribution. Moreover, heightened R&D and clinical trials during the pandemic encouraged vial manufacturers to scale up production. Robust packaging is essential for the effective distribution of vaccines, leading to increased demand for vials.
Preference for Nest and Tub Packaging Set to Continue
Based on packaging type, the RTF/RTU vials market is segmented into tray and nest & tub. Among these, nest & tub packaging holds the largest share and will continue to dominate throughout the forecast period. This packaging style has been widely adopted in the pharmaceutical industry due to its early introduction and efficient nest-like arrangement, which reduces the chances of vial damage, enhancing end-user acceptance.
The market is categorized into liquid and lyophilized products based on the type of filling. Liquid products led the market in 2020 and are expected to maintain the highest CAGR till 2030. Injectable drugs are primarily in liquid form, while the lyophilization process is more complex and costly, requiring significant equipment and space.
Europe to Lead the Market Through 2030
Europe is expected to remain the largest market for RTF/RTU vials, driven by increasing production output, a thriving pharmaceutical industry, and rising healthcare expenditure. Additionally, the region is home to numerous key players, such as SCHOTT AG, Stevanato Group, Gerresheimer AG, and SGD S.A., who are heavily invested in meeting the growing demand for COVID-19 vaccines.
Facility Expansion Driving Market Growth
To enhance their revenue, companies in the RTF/RTU vials market are expanding their production facilities. For instance, SCHOTT AG established a new pharmaceutical tubing factory in Zhejiang Province, China, in December 2020. This facility aims to produce 20,000 tons of FIOLAX borosilicate glass tubing for vials, cartridges, syringes, and ampoules, with a gradual increase in production.
Similarly, in July 2020, Gerresheimer India announced plans to triple its tubular glass production and double the output of molded vials by the end of 2020. This expansion allowed the company to increase its production of multi-dose borosilicate vials from 150 million units to 300 million by the end of 2021.
Prominent companies in the global RTF/RTU vials market include SCHOTT AG, SGD S.A., Gerresheimer AG, Stevanato Group, Nipro Corporation, China Lemon Trading Co. Ltd., DWK Life Sciences GmbH, and Ningbo Zhengli Pharmaceutical Packaging Co. Ltd.
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Healthcare Packaging Market: A Key Player in the Safety Growth and Future of Global Medicine
The healthcare packaging market plays a vital role in ensuring the safe delivery of medical products to consumers and healthcare providers. It addresses critical problems like contamination, spoilage, and improper handling of medical supplies and pharmaceuticals. Without proper packaging, these products could be exposed to harmful elements, jeopardizing the health and safety of patients. The evolution of healthcare packaging has introduced innovative materials and technologies that not only protect products but also enhance their shelf life, ensuring they arrive in optimal condition for use.
For consumers, healthcare packaging offers peace of mind. It provides clear labeling, tamper-evidence, and easy-to-use designs that simplify the use of medical supplies, from syringes to tablets. In earlier times, the lack of standardized packaging often led to miscommunication, confusion, and even dangerous outcomes in patient care. The introduction of tailored healthcare packaging has greatly improved the reliability and accessibility of these essential products, ensuring safety and effectiveness from production to patient hands.
Healthcare Packaging Market Size and Growth in 2023-2030
In 2023, the global healthcare packaging market was valued at approximately $130 billion, and it is expected to reach $220 billion by 2030, growing at a compound annual growth rate (CAGR) of 6.8%. The market’s growth is primarily driven by the increasing demand for safe and sustainable packaging solutions in the pharmaceutical and medical device sectors. Factors such as aging populations, advanced medical treatments, and a focus on reducing healthcare-associated infections are key contributors to this expansion.
Healthcare Packaging Market Segmentation by Type
Low Viscosity Cements:
Used for packaging smaller, delicate items.
Ideal for disposable medical devices.
Easy handling and quick application.
Medium Viscosity Cements:
Provide a balanced consistency.
Commonly used in syringes, drug packaging, and blister packs.
Offer versatility for a wide range of medical applications.
High Viscosity Cements:
Reserved for heavier, more complex medical devices.
Provide durability and strength.
Suitable for packaging surgical tools, implants, and devices requiring robust protection.
Role in Healthcare:
Each viscosity type ensures the safety, sterility, and integrity of medical products.
Tailored packaging for different medical devices, ensuring protection based on specific healthcare needs.
Healthcare Packaging Market by Applications on the World Market
Pharmaceuticals:
Ensures safe transportation and usage of medications.
Protects against contamination and counterfeiting.
Plays a critical role in maintaining the efficacy of drugs.
Medical Devices:
Essential for sterility and protection of instruments like catheters, stents, and implants.
Packaging ensures the devices remain sterile until use, preventing infections and damage.
Diagnostic Tools:
Safeguards sensitive diagnostic equipment from contamination and environmental factors.
Helps maintain the accuracy and reliability of diagnostic tests.
Biotechnology:
Advanced packaging solutions preserve the efficacy of treatments like gene therapies and vaccines.
Protects biotechnology products that are often sensitive to temperature and environmental changes.
Key Companies:
Amcor, WestRock, and Gerresheimer lead in innovative healthcare packaging solutions.
These companies focus on safe, efficient delivery of healthcare products across global markets.
Legal Constraints and Limitations of the Healthcare Packaging Market
The healthcare packaging market faces a range of regulatory challenges and legal constraints, varying by country. In the U.S., the FDA enforces stringent regulations to ensure packaging materials are safe for medical use, requiring rigorous testing and compliance. Similarly, in Europe, the European Medicines Agency (EMA) mandates packaging standards that prioritize patient safety, environmental impact, and tamper resistance. Globally, issues like differing regional regulations, sustainability mandates, and intellectual property concerns complicate market entry for new players. These regulatory frameworks ensure that healthcare packaging meets the highest standards but can also slow innovation due to the need for extensive approvals and certifications.
Conclusion
Over the next five years, the healthcare packaging market is expected to witness substantial growth, with technological advancements in smart packaging, sustainability, and nanotechnology. Companies like Amcor and West Pharmaceutical Services are poised to lead the market, while emerging players with eco-friendly innovations may challenge industry giants. Ongoing research and development are focused on improving sterilization techniques, reducing material waste, and integrating digital health tools like RFID tracking. Investors are increasingly drawn to this market due to the rising demand for medical products and the growing emphasis on patient safety, making healthcare packaging a critical area for future growth.
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Packaging Machinery Market Size and Regional Outlook Analysis, 2030
The global packaging machinery market size is expected to reach USD 66.14 billion by 2030, according to a new report by Grand View Research, Inc, expanding at a CAGR of 4.6% over the forecast period. A significant increase in the demand for convenience food products is driving industry growth. Convenience food includes all types of packaged food products. The demand for packaged food is mainly contributed by the millennial and gen-z customers who are more inclined towards ease and convenience. The industry growth is also attributed to the rising need for differentiation in retail shops since customers are demanding greater product diversity and a wider range of products.
Packaging differentiation calls for the attention of the customer by using unique sizes, shapes, and materials. This subsequently leads to an increasing inclination of manufacturers toward unique packaging styles and drives product growth. Packaging equipment is used in the pharmaceutical industry for packaging medicines and drugs in a safe environment. The pharma industry has witnessed significant growth over the last decade owing to the increased demand for pharmaceutical drugs in BRICS and MIST countries. The development of new generic drugs and medicines has also fueled the pharma industry's growth. The growing e-commerce industry across the world, rising internet penetration & number of e-commerce players, changing lifestyles, and developments in logistics are facilitating the growth of e-commerce shopping.
Gather more insights about the market drivers, restrains and growth of the Packaging Machinery Market
Detailed Segmentation:
Machine-type Insights
The form-fill-seal segment is expected to register the fastest growth rate of 5.7% over the forecast period. Horizontal Form Fill Seal (HFFS) machines are packaging techniques for high-production manufacturing structures that serve, pack, and ship edible goods. HFFS saves time and money due to their speed and efficiency, effectively sealing and vacuum sealing products in a shorter time. Rising demand for wrapped foods, such as wrapped vegetables, sandwiches, loaves of bread, etc., in urban areas, is projected to considerably contribute to the growth of the wrapping machine segment. Wrapping machines are also used for industrial and commercial goods. The growing e-commerce industry and increased total production output, especially in emerging industrial economies including China, are expected to drive this segment.
End-use Insights
The food end-use segment dominated the global industry in 2021 and accounted for the maximum share of more than 36.00% of the overall revenue. The growing need for packed food due to convenience and ease is expected to drive the growth of this segment. In addition, there has been a rising consumption of healthy and organic food products, which require a special type of packaging. This is likely to further augmented the demand for packaging equipment. The demand for packaging machines in the beverage industry is likely to be driven by factors, such as the growing consumption of beverages and an increase in the variety of beverage products. Many beverage product companies have expanded their product offerings, thus increasing the demand for highly refined and flexible packaging machines.
Regional Insights
Asia Pacific led the global industry in 2021 and accounted for the maximum share of more than 36.5% of the overall revenue. Rapid population growth and rising consumer purchasing power are likely to fuel the demand for packaged goods, which is anticipated to facilitate regional market growth. Launching production facilities by significant regional players is expected to increase the e-commerce industry, which is anticipated to promote the regional market. North America is primarily driven by the highly established food & beverage industry in the U.S. and Canada. The presence of various multinational food processing and manufacturing companies results in an increased demand for packaging machinery. Technological progress in packaging equipment is also one of the leading factors driving the region’s growth.
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• The global beverage cans market size was estimated at USD 41.14 billion in 2023 and is expected to expand at a CAGR of 5.5% from 2024 to 2030.
• The global beverage packaging market size was estimated at USD 157.73 billion in 2023 and is expected to grow at a CAGR of 5.0% from 2024 to 2030.
Key Companies & Market Share Insights
Manufacturers adopt several strategies including acquisitions, mergers, joint ventures, new product developments, and geographical expansions to enhance market penetration and cater to the changing technological requirements of various end-use industries. For instance, in January 2021, ProMach acquired Bartelt (manufacturer of horizontal form fill & seal (HFFS) and fill & seal pouch packaging systems) from KHS Group, the aim of ProMach’s is to boost the portfolio of pouch packaging solutions and enable the company to grow its business by adding a new North American base for flexible packaging solutions.
Some of the prominent players in the global packaging machinery market include:
• Langley Holding plc
• Maillis Group
• Rovema GmbH
• Douglas Machine Inc.
• KHS Group
• SIG
• Tetra Laval International S.A.
• Krones AG
• I.M.A. Industria Macchine Automatiche S.p.A.
• Syntegon Technology GmbH
• ProMach
• GEA Group Aktiengesellschaf
• Sacmi
• Coesia S.p.A.
• Duravant
Packaging Machinery Market Segmentation
Grand View Research has segmented the global packaging machinery market on the basis of machine-type, end-use, and region:
Packaging Machinery Machine-type Outlook (Revenue, USD Billion, 2017 - 2030)
• Filling
• Labeling
• Form-Fill-Seal
• Cartoning
• Wrapping
• Palletizing
• Bottling Line
• Others
Packaging Machinery End-use Outlook (Revenue, USD Billion, 2017 - 2030)
• Beverages
• Food
• Chemicals
• Personal Care
• Pharmaceuticals
• Others
Packaging Machinery Regional Outlook (Revenue, USD Billion, 2017 - 2030)
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o U.K.
o Spain
o Italy
o Russia
• Asia Pacific
o China
o India
o Japan
o Australia
o South Korea
• Central & South America
o Brazil
• Middle East & Africa
o Saudi Arabia
o UAE
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#Packaging Machinery Market#Packaging Machinery Market size#Packaging Machinery Market share#Packaging Machinery Market Analysis#Packaging Machinery Industry
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Blister Packaging Machinery Consumption Market By Product Type, By Manufacturers, By End-User And Market Trend Analysis Forecast 2033
The blister packaging machinery consumption global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Blister Packaging Machinery Consumption Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size - The blister packaging machinery consumption market size has grown strongly in recent years. It will grow from $23.52 billion in 2023 to $25.62 billion in 2024 at a compound annual growth rate (CAGR) of 8.9%. The growth in the historic period can be attributed to growth in pharmaceutical and healthcare industries, demand for tamper-evident and child-resistant packaging, stringent regulatory requirements for pharmaceutical packaging, increased in over-the-counter (otc) drug sales, expansion of consumer goods and electronics packaging.
The blister packaging machinery consumption market size is expected to see strong growth in the next few years. It will grow to $36.21 billion in 2028 at a compound annual growth rate (CAGR) of 9.0%. The growth in the forecast period can be attributed to rise in contract manufacturing and packaging services, market expansion in emerging economies and healthcare access improvement, demand for sustainable and eco-friendly packaging solutions, customization and flexibility in blister packaging equipment, increasing adoption of blister packaging in cosmetics and personal care. Major trends in the forecast period include integration of industry 4.0 technologies, modular and flexible packaging lines, smart packaging solutions, sustainable and recyclable materials, high-speed and high-throughput machinery, advanced feeding and handling systems.
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The Business Research Company's reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Market Drivers - The rising demand for the pharma industry is expected to propel the blister packaging market. The high economic growth, combined with increasing health insurance penetration, has increased spending on healthcare and medicine. Furthermore, People's reliance on medication grows as they live longer lives with better access to treatment. The ability of the market to produce high-quality, low-cost medicines represents a massive business opportunity for the domestic industry. The insurance industry also influences medical spending. This increased demand in medicine has pushed the use of blister packaging machinery market to protect products against external factors, such as humidity and contamination, for extended periods. For Instance, according to Enterprise Ireland's published report on the UK pharmaceutical sector, the value of the UK pharmaceutical sector is expected to rise by 19.3% to £25 billion ($30.26) between 2018 and 2023, representing a 3.6% annual increase. Therefore, the rising demand for the pharma industry will drive the growth of the blister packaging machinery consumption market.
The blister packaging machinery consumption market covered in this report is segmented –
1) By Technology: Thermoforming, Cold Forming 2) By Type: Carded, Clamshell 3) By Material: Plastic, Paper, Aluminium 4) By Application: Pharmaceutical Industry, Food Industry, Cosmetics And Personal Care, Consumer Electronics
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Regional Insights - Asia-Pacific was the largest region in the blister packaging machinery market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the blister packaging machinery consumption market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Key Companies - Major companies operating in the blister packaging machinery consumption market include WestRock Company, Sonoco Products Company, Tekni-Plex Inc., Display Pack Inc., Pharma Packaging Solutions, Winpak Ltd., SteriPack Group, DuPont de Nemours Inc., Perlen Packaging, Uhlmann Group, Industria Macchine Automatiche S.p.A., Robert Bosch GmbH, Marchesini Group S.p.A., Romaco Pharmatechnik GmbH, Sepha Ltd., ILLIG Maschinenbau GmbH & Co. KG, Algus Packaging Inc., Mediseal GmbH, Fabrima Maquinas Automaticas Ltda., Costruzioni Apparecchiature Macchine S.r.l., Starview Packaging Machinery Inc., Zed Industries Inc., Visual Packaging Group, Rohrer Corporation, Ecobliss Holding BV, Prent Corporation, Tekpak Solutions
Table of Contents 1. Executive Summary 2. Blister Packaging Machinery Consumption Market Report Structure 3. Blister Packaging Machinery Consumption Market Trends And Strategies 4. Blister Packaging Machinery Consumption Market – Macro Economic Scenario 5. Blister Packaging Machinery Consumption Market Size And Growth ….. 27. Blister Packaging Machinery Consumption Market Competitor Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis 30. Appendix
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Epoxy Resins Market Growth Forecast: From $10.5 Billion in 2020 to $21.87 Billion by 2031
Epoxy resins are versatile thermosetting polymers with a wide range of applications due to their excellent mechanical properties, chemical resistance, and adhesion. These resins play a crucial role in various industries, including construction, automotive, aerospace, and electronics. The epoxy resins market has seen substantial growth over the years, driven by advancements in technology and increasing demand across diverse sectors.
The global epoxy resins market is estimated to flourish at a CAGR of 6.9% from 2021 to 2031. Transparency Market Research projects that the overall sales revenue for epoxy resins is estimated to reach US$ 21.87 billion by the end of 2031. The growing use of epoxy resins in medical devices, dental materials, and pharmaceutical packaging emerges as an unseen driver. Epoxy's biocompatibility and resistance make it a valuable material in healthcare applications.
The rising emphasis on renewable energy sources drives demand for epoxy resins in wind turbine blades and solar panel components. Epoxy's strength and durability contribute to the reliability of these critical components. Epoxy resins gain popularity in artistic and craft sectors, with resin-based art projects and DIY applications on the rise.
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Market Segmentation
By Service Type
Formulation Services: Involves the customization of epoxy resin formulations to meet specific industry requirements.
Application Services: Encompasses the application of epoxy resins in various sectors such as construction and manufacturing.
By Sourcing Type
Primary Production: Direct production of epoxy resins from raw materials.
Recycled Resins: Reuse of epoxy resin products to create new formulations.
By Application
Construction: Used in adhesives, coatings, and flooring.
Automotive: Employed in parts and components for improved durability and strength.
Aerospace: Utilized in composites for lightweight and high-strength materials.
Electronics: Found in circuit boards and encapsulation.
Marine: Applied in boat building and maintenance due to its water-resistant properties.
By Industry Vertical
Construction & Infrastructure
Automotive
Aerospace & Defense
Electronics
Marine
Others (e.g., industrial coatings, sports equipment)
By Region
North America: Dominates the market due to advanced industrial sectors and high demand in aerospace and automotive industries.
Europe: Significant growth driven by the construction and automotive sectors.
Asia-Pacific: Fastest-growing region, with increasing industrial activities and rising infrastructure development.
Latin America: Emerging market with growing investments in construction and automotive industries.
Middle East & Africa: Gradual growth due to expanding industrial applications and infrastructure projects.
Regional Analysis
North America: The market is characterized by high demand for epoxy resins in aerospace, automotive, and construction sectors. The U.S. is a major contributor to this region’s growth due to its robust industrial base.
Europe: The European market benefits from technological advancements and stringent regulations promoting the use of high-performance materials. Countries like Germany and France are key players.
Asia-Pacific: The region is expected to witness the highest growth due to rapid industrialization, urbanization, and infrastructure development. China and India are major contributors to this growth.
Latin America: The market is expanding with increased investments in construction and automotive sectors, especially in countries like Brazil and Mexico.
Middle East & Africa: The growth is driven by infrastructure projects and increasing adoption of epoxy resins in industrial applications.
Market Drivers and Challenges
Drivers:
Technological Advancements: Innovations in resin formulations and processing techniques enhance performance and broaden applications.
Growing Construction and Infrastructure Activities: Rising urbanization and infrastructure development increase demand for epoxy-based products.
Expansion in Automotive and Aerospace Industries: High-performance requirements drive the use of epoxy resins in these sectors.
Challenges:
Volatility in Raw Material Prices: Fluctuations in the cost of key raw materials impact production costs and market stability.
Environmental Concerns: Increasing scrutiny on the environmental impact of epoxy resins and regulatory pressures for sustainable practices pose challenges.
Market Trends
Shift Towards Eco-friendly Resins: Growing emphasis on sustainable and bio-based epoxy resins to reduce environmental impact.
Advancements in Epoxy Resin Technology: Development of high-performance, lightweight, and durable resins for specialized applications.
Increased Adoption in Emerging Markets: Expanding industrial activities in developing regions drive demand for epoxy resins.
Future Outlook
The epoxy resins market is expected to continue its upward trajectory, supported by ongoing technological innovations and increasing demand across various sectors. The emphasis on sustainability and eco-friendly products will likely shape future developments in the industry. Companies are anticipated to focus on enhancing the performance characteristics of epoxy resins and expanding their applications in emerging sectors.
Key Market Study Points
Analysis of market trends and growth drivers.
Evaluation of regional market dynamics and key players.
Assessment of technological advancements and their impact on the industry.
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Competitive Landscape
The epoxy resins market is competitive, with key players including:
BASF SE
Hexion Inc.
Dow Chemical Company
SABIC
Huntsman Corporation
These companies are engaged in strategic initiatives such as mergers and acquisitions, partnerships, and technological innovations to strengthen their market position and address evolving customer needs.
Recent Developments
Product Innovations: Introduction of advanced epoxy resins with improved properties for specialized applications.
Sustainability Initiatives: Increased focus on developing eco-friendly and recyclable epoxy resins to meet environmental regulations.
Expansion Strategies: Companies expanding their production capacities and geographic presence to cater to growing market demands.
About Transparency Market Research
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Pharmaceutical Packaging Equipment Market | Current Insight with Future Aspect Analysis 2023-2030
The Pharmaceutical Packaging Equipment Market was valued at USD 8.4 billion in 2023-e and will surpass USD 13.1 billion by 2030; growing at a CAGR of 6.5% during 2024 - 2030. The report focuses on estimating the current market potential in terms of the total addressable market for all the segments, sub-segments, and regions.
In the process, all the high-growth and upcoming technologies were identified and analyzed to measure their impact on the current and future market. The report also identifies the key stakeholders, their business gaps, and their purchasing behavior. This information is essential for developing effective marketing strategies and creating products or services that meet the needs of the target market.
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Current Trends in the Pharmaceutical Packaging Equipment Market
Automation and Digitalization: Automation is revolutionizing pharmaceutical packaging. Advanced machinery equipped with AI and machine learning capabilities can perform tasks with precision and speed, reducing human error and increasing efficiency. Digitalization, through the use of IoT (Internet of Things) devices, allows for real-time monitoring and data collection, ensuring better quality control and compliance with regulatory standards.
Sustainability: Environmental concerns are shaping the future of pharmaceutical packaging. Companies are increasingly adopting eco-friendly materials and processes. Packaging equipment is now designed to handle biodegradable and recyclable materials, aligning with global sustainability goals.
Personalized Medicine: The rise of personalized medicine, where treatments are tailored to individual patients, requires flexible packaging solutions. Equipment that can handle small batches and varied packaging formats is in high demand. This trend is pushing manufacturers to develop versatile and adaptable machines.
Regulatory Compliance: Stringent regulatory requirements across the globe necessitate advanced packaging solutions that ensure compliance. Equipment now often includes features for serialization and track-and-trace, helping to prevent counterfeiting and ensuring the authenticity of pharmaceutical products.
Innovations Driving the Market
Smart Packaging: Smart packaging technologies, such as RFID tags and QR codes, are being integrated into pharmaceutical packaging. These innovations provide critical information about the product, such as dosage instructions, expiration dates, and authenticity verification, enhancing patient safety and adherence to treatment regimens.
Blister Packaging Machines: Blister packaging remains a popular choice for pharmaceuticals due to its ability to protect individual doses. Innovations in blister packaging machines include advanced sealing techniques and materials that offer better protection against moisture and contamination.
Aseptic Packaging: Aseptic packaging is crucial for injectable drugs and other sterile products. Innovations in this area focus on improving sterility assurance levels (SAL) and reducing the risk of contamination during the packaging process.
Advanced Labeling Machines: Accurate labeling is essential for compliance and patient safety. Modern labeling machines are now equipped with vision systems and AI to ensure precision. These machines can also handle complex labeling requirements, such as multi-language labels and those with integrated electronic components.
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Future Prospects
Expansion of Biologics and Biosimilar: The growing market for biologics and biosimilar will drive demand for specialized packaging equipment. These products often require unique packaging solutions to maintain their stability and efficacy.
Integration with Digital Health: As digital health technologies continue to advance; pharmaceutical packaging will likely integrate more with these systems. This could include packaging that interacts with mobile apps to provide patients with real-time information and reminders.
Increased Adoption of Robotics: Robotics will play a significant role in the future of pharmaceutical packaging. Robotic systems can perform tasks with high precision and consistency, making them ideal for packaging sensitive pharmaceutical products.
Global Market Growth: Emerging markets in Asia-Pacific, Latin America, and Africa present significant growth opportunities for the pharmaceutical packaging equipment market. As these regions continue to develop their healthcare infrastructure, demand for advanced packaging solutions will rise.
Conclusion
The pharmaceutical packaging equipment market is dynamic and rapidly evolving, driven by technological advancements, regulatory requirements, and changing market demands. As automation, sustainability, and personalized medicine continue to shape the industry, manufacturers must innovate to stay competitive. The future of pharmaceutical packaging equipment looks promising, with exciting developments on the horizon that will enhance the safety, efficiency, and sustainability of pharmaceutical products.
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The rise of pharma contracting: driving innovation and efficiency in the pharmaceutical industry
In today’s rapidly evolving pharmaceutical environment, contracting has emerged as a strategic solution for companies aiming to improve product quality, reduce costs and maximize lead time go to market faster This blog explores the importance of pharmaceutical contracts, and the benefits, challenges and future trends shaping the industry.
What is pharma contracting?
Pharma contract manufacturing involves the outsourcing of drug manufacturing to third party organizations called contract manufacturing organizations (CMOs) These specialized organizations provide various services such as drug development, manufacturing, manufacturing and packaging, and enable pharmaceutical companies to leverage external expertise and infrastructure
This joint arrangement allows pharmaceutical companies to focus on core competencies such as R&D, marketing and distribution, and delegates business strategy to experienced partners CMOs occupy different segments including small molecules, biologics, generics and specialty chemicals including handling, providing solutions tailored to meet the needs of a variety of industries
Benefits of Contracting in Pharma
1. Cost efficiency
Home-grown manufacturing facilities require significant investment and operating costs to establish and maintain. By working with CMOs, pharmaceutical companies can reduce costs for equipment, facility maintenance, and employee training. This cost-effective approach allows for efficient distribution to new products and market expansion.
2. Intellectual property protection
Protecting proprietary and sensitive information is a major concern when collaborating with external partners. Establishing strong confidentiality agreements and implementing secure data management practices are essential to protecting intellectual property rights and maintaining competitive advantage
3. Supply chain management
Managing complex supply chains requires effective collaboration between pharmaceutical companies and CMOs. Clear communication, transparency, and joint planning are critical to coordinating operations, managing inventory, and responding quickly to market changes.
4. Cultural and business alignment
Aligning organizational culture, business practices, and work values can be difficult in outsourcing relationships. Building strong relationships based on trust, understanding and alignment of goals contributes to easy collaboration and project success.
Emerging trends in pharma contract formation
The pharma contract manufacturing sector continues to grow, influenced by technological developments, market demand and regulatory developments.
1. Adoption of advanced manufacturing technologies
Innovations such as automation, artificial intelligence and blockchain are transforming manufacturing, increasing productivity, traceability and quality control CMOs integrating these technologies are better equipped to meet complex manufacturing and regulatory expectations the solution of the.
2. Increased production of organic and natural-like substances
Increasing demand for organic products and biosimilars is driving CMOs to expand their reach in these areas. Specialties and expertise in organic manufacturing processes are important differentiators in the contracting process
3. Focus on sustainability
Environmental sustainability is gaining prominence, with CMOs adopting environmentally friendly practices such as reducing waste, reducing energy consumption, products that they are green to use, etc. towards responsibility.
4. Expansion in emerging markets
CMOs are looking for opportunities in emerging markets to capture new customers and leverage cost advantages. Establishing manufacturing steps in regions such as Asia-Pacific and Latin America provides access to emerging markets and enhances the flexibility of the global supply chain
conclusion
Pharma contract manufacturing plays an important role in today’s pharmaceutical industry, offering the benefits of process innovation, efficiency and competitiveness. By leveraging CMO partnerships effectively, pharmaceutical companies can manage complex market trends, accelerate product development, and deliver quality medicines to patients around the world.
As the industry continues to evolve, it will be important to embrace emerging trends and address the associated challenges to maximize the benefits of contract manufacturing. Strategic collaboration, technological innovation, and a commitment to quality and sustainability will define the future success of pharma’s contracting efforts.
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Packaging Machinery Market Size, Share, Growth, Analysis Forecast to 2030
Packaging Machinery Industry Overview
The global packaging machinery market size was estimated at USD 44.17 billion in 2021 and is anticipated to grow at a compound annual growth rate (CAGR) of 4.6% from 2022 to 2030.
The key factors propelling the industry growth include the high demand for packaged foods & beverages and rising consumer spending on pharmaceuticals & personal care products. The COVID-19 pandemic had a significant impact on the global industry. The high number of COVID-19 cases across the globe affected consumer shopping at retail shops and convenience stores. Also, disruption of the supply chain and lack of availability of the workforce negatively impacted the industry growth. However, over the forecast period, the industry is expected to recover swiftly.
Gather more insights about the market drivers, restrains and growth of the Packaging Machinery Market
Packaged food and beverages offer convenience, ease, and time efficiency. These aspects of packaged foods and beverages are the factors encouraging consumers to spend on such products. Over the forecast period, an increasing share of millennials and Gen-Z in consumer profiles is likely to boost the demand for convenience products. Furthermore, the growth is driven by growing innovations and technology improvement. Advancements, such as automation, robots, and other technologies, are improving product penetration in various industries. Automated and semi-automated packaging machines are helping the end-user industries to scale up effectively while controlling the costs of operations.
Packaging equipment is required by various logistics organizations to wrap and package their products before shipping. E-commerce is gaining momentum across the world facilitated by the rising penetration of internet connections and online retailers. Thus, the rising popularity of e-commerce and online shopping is also expected to drive the industry growth over the forecast period. Developed efficient packaging equipment and vacuum packaging techniques to encourage the established end-user industries to adopt solutions for optimal business expansion, thereby supporting growth. Furthermore, the demand for environmental packaging is being encouraged by the strict laws imposed by the governments of industrialized nations; this, in turn, is boosting industry growth.
Browse through Grand View Research's Food Safety & Processing Industry Research Reports.
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Global Packaging Machinery Market Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For the purpose of this study, Grand View Research has segmented the global packaging machinery market report on the basis of machine-type, end-use, and region:
Machine-type Outlook (Revenue, USD Billion, 2017 - 2030)
Filling
Labeling
Form-Fill-Seal
Cartoning
Wrapping
Palletizing
Bottling Line
Others
End-use Outlook (Revenue, USD Billion, 2017 - 2030)
Beverages
Food
Chemicals
Personal Care
Pharmaceuticals
Others
Regional Outlook (Revenue, USD Billion, 2017 - 2030)
North America
U.S.
Canada
Mexico
Europe
Germany
United Kingdom
Spain
Italy
Russia
Asia Pacific
China
India
Japan
Australia
South Korea
Central & South America
Brazil
Middle East & Africa
Saudi Arabia
UAE
Key Companies & Market Share Insights
Manufacturers adopt several strategies including acquisitions, mergers, joint ventures, new product developments, and geographical expansions to enhance market penetration and cater to the changing technological requirements of various end-use industries. For instance, in January 2021, ProMach acquired Bartelt (manufacturer of horizontal form fill & seal (HFFS) and fill & seal pouch packaging systems) from KHS Group, the aim of ProMach’s is to boost the portfolio of pouch packaging solutions and enable the company to grow its business by adding a new North American base for flexible packaging solutions. Some of the prominent players in the global packaging machinery market include:
Langley Holding plc
Maillis Group
Rovema GmbH
Douglas Machine Inc.
KHS Group
SIG
Tetra Laval International S.A.
Krones AG
I.M.A. Industria Macchine Automatiche S.p.A.
Syntegon Technology GmbH
ProMach
GEA Group Aktiengesellschaf
Sacmi
Coesia S.p.A.
Duravant
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Pharmaceutical Packaging Equipment Market to set Phenomenal Growth by 2032
The Global Pharmaceutical Packaging Equipment Market report covers deep insights of various vital aspects of the market. Moreover, in the past few years, the market of Pharmaceutical Packaging Equipment has recorded a significant development and is anticipated to further rise.
Market research report for every industry is based on various important factors, for example demand & supply, market trends, revenue growth patterns and market shares. Report on the Global Pharmaceutical Packaging Equipment Market is made after comprehensive research conducted by a systematized methodology. These techniques are helpful for analyzing the market in terms of research guidelines. Basically, research reports cover all the information about the consumers, vendors, manufactures, research papers, products and many more. They provide a range of marketing as well as business research solutions basically designed for readers looking forward to invest in the market. Moreover, their research reports are collection of a particular industry research that includes information on products, market size, countries, trends, business research details & much more.
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The global pharmaceutical packaging equipment market is projected to reach USD 20.61 billion by 2033, at a CAGR of 7.80% during the forecast period 2024-2033.
Some of the major companies that are covered in this report:
Romaco Holding, Uhlmann Group, Bausch + Ströbel, Korber AG, Marchesini Group, Vanguard Pharmaceuticals Equipment, I.M.A. IndustriaMacchineAutomaticheS.p.A., Accutek Packaging Equipment Companies, Coesia
Furthermore, research report covers all the quantitative as well as qualitative aspects about the Pharmaceutical Packaging Equipment markets across the globe. The report is also inclusive of different market segmentation, business models and market forecasts. This market analysis enables the manufacturers with impending market trends. A thorough scrutiny of prominent market players or industrialists is vital aspect for planning a business in the market. Also, senableout the rivals enables in attaining valuable data about the strategies, company’s models for business, revenue growth as well as statistics for the individuals attracted towards the market. This report is very useful for the new entrants as it offers them the idea about the different approaches towards the market.
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Market Segmentation
By Type
Primary Packaging
Secondary Packaging
Tertiary Packaging
By Applications
Semi-solids packaging equipment
Solids Packaging Equipment
Liquids Packaging Equipment
The Pharmaceutical Packaging Equipment Market Report Addresses:
Estimated size of the market
The segment that accounted for a large market share in the past
The segment that is anticipated to account for a dominant market share by 2032?
Governing bodies
Key region of the market
Lucrative opportunities in the market
The Report Provides:
An overview of the market
Comprehensive analysis of the market
Analyses of recent developments in the market
Events in the market scenario in past few years
Emerging market segments and regional markets
Segmentations up to the second and/or third level
Historical, current, and estimated market size in terms of value and volume
Competitive analysis, with company overview, products, revenue, and strategies.
Impartial assessment of the market
Strategic recommendations to help companies increase their market presence
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The Brainy Insights is a market research company, aimed at providing actionable insights through data analytics to companies to improve their business acumen. We have a robust forecasting and estimation model to meet the clients' objectives of high-quality output within a short span of time. We provide both customized (clients' specific) and syndicate reports. Our repository of syndicate reports is diverse across all the categories and sub-categories across domains. Our customized solutions are tailored to meet the clients' requirement whether they are looking to expand or planning to launch a new product in the global market.
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