Pharmaceutical Packaging Machinery - Global Industry Size, Share, Trends, Analysis and Forecast 2017 – 2022
Global Pharmaceutical Packaging Machinery market is accounted for $4.56 billion in 2015 and is expected to reach $8.71 billion by 2022 growing at a CAGR of 9.7%. Rapid growth of pharmaceutical industry, growing demand for drug delivery devices & blister packaging and nanotechnology contribute for the market growth. Challenges in emerging markets, increasing overall packaging costs, strict global health rules and environmental & political norms are some factors hampering the market growth.
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