Pharmaceutical Storage And Material Handling Equipment Market Worth 1,597.4 Million USD By 2023
Meticulous Research® –
leading global market research company published a research report titled “Pharmaceutical Storage and Material
Handling Equipment Market by Type (Transport, Storage, Lifting Equipment,
Stack Systems), Mode of Operation (Semi-Automatic, Automatic, Manual), Product
Form (Solid, Liquid, Semi Solid), and Geography – Global Forecast to 2023”.
According to this latest publication from
Meticulous Research®, the Global Pharmaceutical Storage and Material
Handling Equipment Market is expected to grow at a CAGR of 8.6% from 2018 to reach USD 1,597.4 million by 2023.
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The growth of this market will
be driven by factors such as rapid growth in pharmaceutical market, growing
focus towards automation in pharmaceutical industry, increasing focus of
manufacturers on the reduction of production cost, government support to
promote the pharmaceutical sector, and growing demand of single use systems.
Moreover, shift towards the use of robotics and booming pharmaceutical industry
in the developing economies further propels the growth of this market. However,
need of high initial investment for automated storage and handling systems and
demand for refurbished machines hinders the growth of this market to some
extent.
The Global Pharmaceutical Storage
And Material Handling Equipment Market study presents historical market data in
terms of values (2016 and 2017), estimated current data (2018), and forecasts
for 2023-by type (transport, storage, lifting equipment, stack systems), mode
of operation (semi-automatic, automatic, manual), and product form (solid,
liquid, semi solid). The study also evaluates industry competitors and analyzes
the market at regional and country level.
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Scope of the Report:
Market by Types
· Transport
Systems
· Conveyor
· Intermediate
Bulk Containers
· Drum
Handler
· Others
· Storage
Systems
· Silos
· Containers
and Drums
· Racking
and Shelving Systems
· Others
· Lifting
and Positioning Systems
· Cranes
· Hoists
· Lift
Tables
· Others
· Stacking
and Unit Formation Systems
· Pallets
· Crates
· Palletizers
· Others
Market by Mode of Operation
· Semi-automatic
· Automatic
· Manual
Market by Product Form
· Solid
· Liquid
· Semi-solid
Market by Geography
· North
America
· U.S.
· Canada
· Europe
· Switzerland
· Germany
· Italy
· France
· U.K.
· Ireland
· Rest
of Europe (RoE)
· Asia-Pacific
(APAC)
· China
· Japan
· India
· Rest
of APAC (RoAPAC)
· Rest
of World
· Latin
America
· Middle
East and Africa
About Meticulous Research®
MeticulousResearch® is founded in 2010 and incorporated as
Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under
the Companies Act, 1956. Since its incorporation, the company has become the
leading provider of premium market intelligence in North America, Europe,
Asia-Pacific, Latin America, and Middle East & Africa.
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Meticulous Research®
Email- sales@meticulousresearch.com
Contact Sales- +1-646-781-8004
Meticulous Research®
Email- sales@meticulousresearch.com
Contact Sales- +1-646-781-8004
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