Market Size of Ampoule Sticker Labelling Machine Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 5.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Ampoule Sticker Labelling Machine Market Analysis
The ampoule sticker labelling machine market is expected to reach a CAGR of 5%, during the forecast period (2021-2026).
- The introduction of stringent government regulations and industry standards for pharmaceutical packaging is working in favor of the ampoules market. Strict regulations and standards are compelling manufacturers to upgrade their packaging practices so that there is no compromise in terms of quality and efficacy of drugs. Most ampoules are manufactured in accordance with the DIN ISO EN 9187-1/2 standard in straight-stem, funnel-type and sealed designs. This effectively drives the market of ampoule sticker labelling machine since the manufacturers are compelled to produce ampoule glass for pharma products.
- The adoption of an automatic ampoule sticker labeling machine drives the market. Due to low maintenance costs, power consumption, flexible design and user-friendly, the adoption of automatic machines is more preferred compared to a manual machine. The machine is capable of labelling up to or more than 400 units per minute depending on products and label size. Various machines are available which are specially designed in the electronic and mechanical systems to apply transparent labels on Vials at very high speed using an optional special label sensing systems.
- The high cost of an ampoule sticker labelling machine is restraining the growth of the market. One has to deal with a couple of thousands of dollars before they can acquire their own device of this kind. Even the simplest models that are handheld come at a fairly high price which is difficult for many to meet.