Filling of proper doses and all other forms of liquids is a prime necessity considering both the manufacturers as well as the consumer’s end. Measuring cup placement machines are used for placing measuring cups over the bottle’s cap. Measuring cups helps the users in accurately measuring the product. These machines are mostly utilized by the pharmaceutical manufacturers as there are rising concerns over the patient not following their regular medicine regime. The versatility offered by these machines to the end users is expected to contribute to the overall growth of the global measuring cup placement machines market. Growing industrialization and the pharmaceutical market are major factors expected to fuel the growth of the global measuring cup placement machine market over the forecast period.
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Measuring Cup Placement Machine Market: Market Dynamics
There has been an increase in the cases of patient deaths due to medicine overdose which has led to a surging need for measured doses. Demand from the pharmaceutical industry for measured and accurate doses is the primary driver for the global measuring cup placement machines market. The machines are made up of stainless steel and aluminum alloy protecting the machine from any rusting or corrosion thus providing a longer shelf life, and the added flexibility of machine is leading to the growth of the measuring cup placement machine market. One factor restraining the growth of the global measuring cup placement machine market is the advent of new technologies for product packaging which are increasingly being preferred by manufacturers. Customization options to the end users is a key trend prevailing in the global measuring cup placement machines market.
Measuring Cup Placement Machine Market: Market Segmentation
The global measuring cup placement machine market is segmented on the basis of machine type, end use, packaging material, and geography. On the basis of machine type, the global measuring cup placement machine market is segmented into manual, semi-automatic and automatic machines. On the basis of end use, the global measuring cup placement machine market is segmented into pharmaceuticals, food & beverages, chemical & fertilizers, cosmetics & personal care. Pharmaceuticals account for the maximum share of the global measuring cup placement machine market. On the basis of packaging material, the global measuring cup placement machine market is segmented into glass and plastics. Plastics is further sub segmented into PET, HDPE, LDPE, and PP.
Measuring Cup Placement Machine Market: Regional Outlook
On the basis of geography, the global measuring cup placement machine market is segmented into North America, Latin America, Europe, Middle East & Africa, and Asia Pacific. North America is expected to lead the global measuring cup placement machine market on the backdrop of growing pharmaceutical market. The North America market is followed by Europe which is expected to exhibit steady growth over the forecast period due to well established pharmaceutical market as well as the region also represents fewer currency fluctuations and global risks to the manufacturers. Asia Pacific is anticipated to exhibit moderate growth over the forecast period. Flourishing industrialization in economies such as India and China are expected to contribute to the overall measuring cup placement machine market in the APAC region. The Middle East & Africa and Latin America are projected to exhibit slow growth over the forecast period due to the sluggish economy and slow paced growth of the pharmaceutical industry in the region.
Measuring Cup Placement Machine Market: Key players
Some of the key players operating in the global measuring cup placement machine market are Prism Pharma Machinery, Dynamic Engitech Pvt. Ltd., Brothers Pharmamach (India) Pvt. Ltd., GMP Machineries & Packaging, and Multipack Machinery Company.
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