Global Vial Cap Sealing Machines Market 2018-2022
About Vial Cap Sealing Machines
Vial cap sealing machines manufacture the seals for glass as well as plastic vials. Both glass and plastic vials are majorly used in pharmaceutical, chemical, and food industries. Owing to their increased usage, the demand for vial cap sealing machines is increasing. Glass has traditionally been the primary material for vial packaging products owing to its extensive thermal and chemical resistance. It offers high transparency and maintains dimensional stability at elevated temperatures. Some of the major advantages of glass vials are: Provides protection from pests and micro-organisms and does not react with the chemicals packed. Heat- resistant to treatments like sanitization and pasteurization. Reusable, recyclable, and re-sealable in nature.
Technavio’s analysts forecast the global vial cap sealing machines market to grow at a CAGR of 4.89% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global vial cap sealing machines market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Vial Cap Sealing Machines Market 2018-2022
Technavio recognizes the following companies as the key players in the global vial cap sealing machines market: The Adelphi Group of Companies, Closure Systems International, Dynamic Engitech, and Flexicon.
Other Prominent Vendors in the market are: Cozzoli Machine Company, CroPharm, M.G. Industries, N K Industries, R-V Industries, and SHENZHEN PENGLAI.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increasing use of multipacks. Multipack packaging includes several packaging types such as paperboard overwraps, corrugated fiberboard boxes, cartons, paperboard baskets, high-density polyethylene plastic handles, shrink packs, and six-pack rings. The combination of several items in a single package offers several benefits to retailers, manufacturers, and consumers. Multipack packaging prevents any pilferage of products and contributes to the sale of large units. The demand for multipack packaging is increasing as it reduces the overall cost of packaging. Manufacturers rely on special packaging to sell many forms of the same items in a single pack at a reduced price, which attracts more customers.”
According to the report, one driver in the market is increasing demand from pharmaceutical industry. A vial cap sealing machine is a key equipment for the pharmaceutical industry. This is because vials are primarily used to stock medicines that are in a liquid or powder form. A single-dose vial, used for parenteral administration as an injection or an infusion, is a unit dose used for a single patient. Single-dose or single-use vials are labeled by manufacturers and do not contain antibacterial preservatives. A multi-dose vial is used for the parenteral administration of more than one dose of medication. Multi-dose vials are also labeled by the manufacturers and compulsorily contain an antibacterial preservative to prevent the growth of bacteria and microorganisms. The increase in the demand for pharmaceutical drugs has fueled the market for vial packaging, and consequently: the growth of the global vial cap sealing machines market.
The Adelphi Group of Companies, Closure Systems International, Dynamic Engitech, Flexicon, Cozzoli Machine Company, CroPharm, M.G. Industries, N K Industries, R-V Industries, and SHENZHEN PENGLAI.