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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:

  • Solid packaging Equipment
  • Semi- Solid Packaging Equipment
  • Liquid Packaging Equipment

On the basis of process type, the global strip pack machines market has been segmented as:

  • Automatic strip pack machines
  • Semi-automatic strip pack machines
  • Manual strip pack machines

On the basis of end use industry, the global strip pack machines market has been segmented as:

  • Food Industry
  • Pharmaceutical Industry
  • Cosmetics & Personal Care
  • Consumer Electronics
  • Others

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:

  • Marchesini Group S.p.A
  • Bosch Packaging Technology
  • M.A. Industria Macchine Automatiche S.p.A.
  • Korber AG
  • Gebo Cermex
  • Uhlmann Pac-Systeme GmbH & Co. KG
  • Romaco Pharmatechnik GmbH
  • Fabrima Maquinas Automaticas Ltda
  • Sonoco Products Company
  • CAM Packaging Solutions

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

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3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

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Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:

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