Global Pharmaceutical Packaging Equipment Market Size and Forecast To 2025 Global Pharmaceutical Packaging Equipment Market Analysis According to Verified Market Intelligence, the global Pharmaceutical Packaging Equipment Market was valued at USD 5.95 billion in 2017 and is projected to reach USD 9.98 billion by 2025, growing at a CAGR of 6.7% from 2018 to 2025.
What is Pharmaceutical Packaging Equipment? Pharmaceutical packaging, also known as drug packaging is defined as the packages and packaging processes used for pharmaceutical preparations. Packaging of pharmaceutical products and drug delivery systems is an important step in the pharmaceutical industry. Pharmaceutical packaging equipment is used for providing safety and quality of packaging for pharmaceutical products. It comprises of primary packaging equipment, secondary packaging equipment, and equipment for labeling and serialization. These equipment are modern, flexible, automated and are integrated to meet pharmaceutical products necessities. With the expansion of pharmaceutical industries, the pharmaceutical packaging equipment market is expected to grow simultaneously.
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