Pharmaceutical Packaging Equipment Market: Anticipated To Experience Extraordinary Growth During Forecast Period 2017 - 2025
Featuring a consolidated vendor landscape, a handful of top players in the global market for pharmaceutical packaging equipment collectively held 55% of the overall market in 2016, says Transparency Market Research (TMR) in a new report. Key companies to name in the global pharmaceutical packaging equipment market are Robert Bosch GmbH, Körber AG, Uhlmann pac-Systeme GmbH & Co. and KG, IMA S.P.A, and Marchesini Group S.p.A. Huge investments in latest technology to develop efficient equipment is a key focus of large companies in this market. Product innovation is also what players in this market especially new market participants are engaged in to establish a foothold. Introduction of novel technologies is likely to create a deluge of opportunities for vendors in the pharmaceutical packaging equipment market in the upcoming years. As per the TMR report, the pharmaceutical packaging equipment market is likely to clock a CAGR of 6.7% over the forecast period between ...