The global oral dosage powder packaging market is Anticipated to Expand at a CAGR of ~3.6%, During the Forecast Period.
Newly released data from oral dosage powder packaging machines market analysis shows that global demand for the overall oral dosage powder packaging machines market is anticipated to reach millions of units by 2031. Prominent sales of oral dosage powder packaging machines are due to the expansion of food & beverage industries along with increasing usage of powder food items among the consumers.
Oral Dosage Powder Packaging Machines Market: An Overview
Packaging has been considered the essential part of the product give rise to innovative and new packaging solutions. The packaging machinery plays a vital role to make the product attractive and providing it with a cover. The oral dosage powder packaging machines are used to pack the pouches, bags, or other packaging formats used to pack the oral dosage powder.
The oral dosage powder packaging machines are been used by various end-use industries such as food, beverages, pharmaceuticals, and others. The end-use industries desire to offer their oral dosage powder products to the consumer in a short period which requires the machinery to pack the product. This fuels the demand for oral dosage powder packaging machines.
The oral dosage powder packaging machines makes it easy to pack the oral dosage powder in any packaging format along with specific production speed which increases the attractiveness of machines among the end-use industries. Overall, along with the various benefit offered by the machines, the increasing usage of powder by end-user is anticipated to propel the demand for oral dosage powder packaging machines during the forecasted period.
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What Pushes the Demand for the Oral Dosage Powder Packaging Machines?
The food & beverage and pharmaceutical industries drive the demand for oral dosage powder packaging machines. The oral dosage powder packaging machines help the end-use industry manufacturer to customize their packaging solutions as per their requirement which increases the popularity of oral dosage powder packaging machines among the end-use industries.
Also, the increasing food items which are made available in powder format boost the demand for oral dosage powder packaging machines.
The rising need for technological advancement to stay ahead of the competitor propel the demand for oral dosage powder packaging machines among the end-use industries. Overall, the future outlook for oral dosage powder packaging machines is anticipated to rise on the back of various benefits offered by the machine such as customizable, production speed, aesthetic packaging look, and others.
What Are Growth Opportunities for Oral Dosage Powder Packaging Machines Market?
The introduction of new variants in food items gives rise to the need for proper packaging solutions. This need for packaging solutions creates growth opportunities for the packaging machinery market. The addition in the product portfolio propels the demand for oral dosage powder packaging machines in order to increase and expand the production capacity.
Overall, the launch of a new variant in powder food items creates growth opportunities for the oral dosage powder packaging machines.
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What Limits the Growth of the Oral Dosage Powder Packaging Machines Market?
The instalment cost and maintenance cost for the oral dosage powder packaging machines may hinder the market growth. The cost factor may be the obstacle for the small or medium scale industries which may affect the oral dosage powder packaging machines market.
The technical failure can hamper the productivity of the end-use industries which limits the market growth for oral dosage powder packaging machines.
Competitive Landscape
The global key players for oral dosage powder packaging machines are GEA Group
Some Asia Pacific players include Nichrome Packaging Solutions,
UFlex Limited
FUJI MACHINERY CO. LTD.
Tokyo Automatic Machinery Works Ltd.
Shivalaya Machinery Manufacturing Company and others.
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What Strategies Are Adopted by Key Players in the Oral Dosage Powder Packaging Machines Market?
The manufacturers of oral dosage powder packaging machines are trying to expand their production capacity in order to cater for the demand. Also, the key players are focusing on strengthening their capacity through acquisition.
In May 2021, Optima Packaging Group GmbH expanded its production capacities to meet the high demand for filling and packaging solutions.
In March 2021, Rovema GmbH announced the acquisition of inno-tech and Prins Verpakkingstechniek und engineering which will strengthen its expertise in machinery and new applications.
Why the United States Will Offer Growth Opportunity for Oral Dosage Powder Packaging Machines Market?
The expanding food & beverage industry in the United States will create growth opportunities for the oral dosage powder packaging machines market. Also, the adoption of advanced technology by the end-use industries in the United States propel the demand for advanced machinery which pushes the sales of oral dosage powder packaging machines in the United States.
Why Will India & China Boost the Demand for the Oral Dosage Powder Packaging Machines Market?
The rising trade activities in India and China especially in the pharmaceutical and food & beverage industry generate the demand for proper packaging solutions.
This gives rise to the demand for oral dosage powder packaging machines in India and China. Also, the low labour and production cost in China attracts the major manufacturers to expand their facilities which fuel the demand for oral dosage powder packaging machines to set up the new facility in China.
How has COVID-19 impacted the Growth of the Oral Dosage Powder Packaging Machines Market?
The COVID-19 has a severe impact on various industries such as food & beverages, pharmaceuticals, and others. The slowdown in the supply chain, disruption in production activities hampered the production which impacted the oral dosage powder packaging machines.
Shortage in raw material and changing financial conditions hampered the oral dosage powder packaging machines market. With the changing government decision and operations slowly getting efficient and industries starting to work with full capacity are anticipated to drive the demand for oral dosage powder packaging machines in the later years.
Key Segments of Oral Dosage Powder Packaging Machines Market Covered in the Report
