The global pharmaceutical packaging equipment market has witnessed a titanic acquisition agreement between Truking Technology, a pharmaceutical equipment supplier in China, and Romaco Group, a pharmaceutical packaging and equipment company in Germany, worth US$164.0 mn. Besides a trimmed down 24.9% ownership share of the seller Deutsche Beteiligungs AG (DBAG), a German private equity firm, in Romaco Group, Truking Technology could benefit from a 75.1% stake of Romaco according to the multi-million dollar deal. Furthermore, over the next three years, DBAG could divest its remaining shares in Romaco to Truking Technology.

The growth of the world pharmaceutical packaging equipment market could be attributed to the archetype shift from traditional to more flexible, integrated, and automated packaging techniques in the pharmaceutical industry. By 2025, the world pharmaceutical packaging equipment market could rake in a valuation of US$10.69 bn. In 2016, the world pharmaceutical packaging equipment market had acquired US$5.97 bn. The CAGR expected to be registered by the world pharmaceutical packaging equipment market is 6.7% for the forecasted period 2017–2025.

How will North America Maintain its Leading Position?

Amid the prominence of other regions such as Latin America, the Middle East and Africa, Asia Pacific, and Europe, North America is prognosticated to secure a substantial share in the international pharmaceutical packaging equipment market. In 2016, the regional pharmaceutical packaging equipment market had pulled in a 31.8% share. North America could be advantaged by the aggressive deployment of up-to-the-minute pharmaceutical packaging equipment. This is prophesied to take shape on account of the ballooning buildout of the pharmaceutical industry and heavy investment in the formulation of breakthrough and innovative medicaments.

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Which could be Top Selling Product in International Market?

In 2016, liquid packaging equipment had attained a larger share in the worldwide pharmaceutical packaging equipment market. The elevating usage of liquid dosages and the requirement of accurate and high precision filling of liquid products are anticipated to be responsible for the dominating rise of liquid packaging equipment in the worldwide pharmaceutical packaging equipment market. Liquid packaging equipment markets such as syrup, aerosol, and ear or eye drop could make their individual contributions toward the growth of the worldwide pharmaceutical packaging equipment market.

While the transition to advanced packaging equipment may not have stunned the developed regions of the worldwide pharmaceutical packaging equipment market, emerging economies could feel the pinch owing to high cost. Smaller firms operating in Asia Pacific and Latin America are predicted to adopt refurbished packaging equipment. However, the growth trajectory of the worldwide pharmaceutical packaging equipment market could be counterbalanced by opportunities fueled by enlarging investment in the production of a host of modern packaging equipment that boast of high line speed, improved reliability, and enhanced tolerance limit.

Players such as Multivac Group, Robert Bosch GmbH, IMA S.P.A., Mg2 S.R.L., and Korber A.G. are envisioned to take the lead in the worldwide pharmaceutical packaging equipment market.

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