Transparency Market Research
Global Strip Pack Machines Market: Introduction & Significance
Strip pack machines performs the operation of packaging of pre-formed plastic packs, usually used for pharmaceutical tablets with unit dosage requirements. They are also used for small consumer goods. Over the past few years there is rise in demand of blisters in the pharmaceutical industry. These packs are highly adopted across the industry owing to the merits such as durability, protection, against UV rays. Strip pack machines are classified into three categories automatic strip pack machines, semi-automatic strip pack machines and manual strip pack machines. Strip pack machines are incorporated with advanced technology that eliminates the need of the human intervention in the control, operations and functioning of the production process. Strip pack machines involve the engagement of the human labor for the support as well as the prominent tasks. Manual strip pack machines involve the engagement of the human labor for support as well as prominent tasks.The manual task in the strip pack machines include feeding blisters, end products and change over.
Global Strip Pack Machines Market: Market Dynamics
Various technological advancements in strip pack machines are allowing manufacturers to pack products effectively and efficiently. The strip pack machines market is highly fragmented in developed countries as compared to developing countries. Furthermore, competition is expected to increase and create restraints for manufacturers in the next few years. On the other hand, one of the challenges that companies face is the lack of centralized purchasing. Most manufacturers are dependent on various vendors for strip feeds used in strip packaging. Thus, lack of centralized purchasing can cause delays in sales and manufacturing processes. Strip packing manufacturers are integrating automation to help the end users to increase the throughput by minimizing the degree of manual operation, increase the operability of the machine, and easy facilitate on the fly changes. This is one of the prominent factor that is boosting the sales of strip pack machines.
Global Strip Pack Machines Market: Segmentation
On the basis of product type, the global strip pack machines market has been segmented as:
On the basis of process type, the global strip pack machines market has been segmented as:
On the basis of end use industry, the global strip pack machines market has been segmented as:
Global Strip Pack Machines Market: Regional Overview
The global demand for strip pack machines market is expected to witness positive growth over the forecast period due to the growth in the industries across the globe. North America and Western Europe regions are expected to witness positive growth in the global strip pack machines market over the forecast period due to well established pharmaceutical sector in the regions, where strip pack machines is needed for the closure of the blisters. APEJ region is expected to drive the growth of the global strip pack machines market over the forecast period, due to the growing penetration of the pharmaceutical, healthcare, chemical industries in this region. Latin America and Eastern Europe regions are expected to witness average growth in the global strip pack machines market. MEA is expected to witness sluggish growth in the global strip pack machines market, over the forecast period. JAPAN is anticipated to witness average growth of strip pack machines due to the availability of the flourished chemical and pharmaceutical industries in this region.
Global Strip Pack Machines Market: Key players
Some of the key vendors that currently operate in the strip pack machines across the globe are as follows:
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