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Global Pharmaceutical Packaging Machines Market Size, Manufacturers, Opportunities and Forecast to 2030

April 2024 | 127 pages | ID: G8C74B7573AEEN
APO Research

US$ 3,450.00

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Packaging machines are machines that complete stages of the packaging process. Examples include filling machines, sealing machines, wrapping machines, strapping machines, labelling machines and coding machines.

Pharmaceutical packaging machines are often custom-designed to handle specific product configurations such as vials.

According to APO Research, The global Pharmaceutical Packaging Machines market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

Global Pharmaceutical Packaging Machines key players include IMA, Bosch, Uhlmann, Kцrber AG, etc. Global top four manufacturers hold a share about 35%.

North America is the largest market, with a share about 37%, followed by Asia-Pacific and Europe, both have a share about 55 percent.

In terms of product, Primary Packaging Machine is the largest segment, with a share about 80%. And in terms of application, the largest application is Liquids Packaging, followed by Solids Packaging, Semi-Solids Packaging, etc.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Pharmaceutical Packaging Machines, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Pharmaceutical Packaging Machines.

The Pharmaceutical Packaging Machines market size, estimations, and forecasts are provided in terms of sales volume (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Pharmaceutical Packaging Machines market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:
  • IMA
  • Bosch
  • Uhlmann
  • Kцrber AG
  • Multivac
  • Marchesini Group
  • Coesia Seragnoli
  • Optima
  • Bausch & Strobel
  • Mutual
  • Truking
  • Gerhard Schubert
  • Romaco
  • CHINASUN
  • CKD Corporation
  • Hoong-A Corporation
  • MG2
  • SHINVA
  • ACG
  • Heino Ilsemann
Pharmaceutical Packaging Machines segment by Type
  • Primary Packaging Machine
  • Secondary Packaging Machine
  • Labeling and Serialization Machine
Pharmaceutical Packaging Machines segment by Application
  • Liquids Packaging
  • Solids Packaging
  • Semi-Solids Packaging
  • Other Products Packaging
Pharmaceutical Packaging Machines Segment by Region
  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Asia-Pacific
  • China
  • Japan
  • South Korea
  • India
  • Australia
  • China Taiwan
  • Indonesia
  • Thailand
  • Malaysia
  • Latin America
  • Mexico
  • Brazil
  • Argentina
  • Middle East & Africa
  • Turkey
  • Saudi Arabia
  • UAE
Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Pharmaceutical Packaging Machines market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

2. This report will help stakeholders to understand the global industry status and trends of Pharmaceutical Packaging Machines and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.

4. This report stays updated with novel technology integration, features, and the latest developments in the market

5. This report helps stakeholders to gain insights into which regions to target globally

6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Pharmaceutical Packaging Machines.

7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 3: Detailed analysis of Pharmaceutical Packaging Machines manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter 4: Sales, revenue of Pharmaceutical Packaging Machines in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.

Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.

Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.

Chapter 13: Concluding Insights of the report.
1 MARKET OVERVIEW

1.1 Product Definition
1.2 Global Market Growth Prospects
  1.2.1 Global Pharmaceutical Packaging Machines Market Size Estimates and Forecasts (2019-2030)
  1.2.2 Global Pharmaceutical Packaging Machines Sales Estimates and Forecasts (2019-2030)
1.3 Pharmaceutical Packaging Machines Market by Type
  1.3.1 Primary Packaging Machine
  1.3.2 Secondary Packaging Machine
  1.3.3 Labeling and Serialization Machine
1.4 Global Pharmaceutical Packaging Machines Market Size by Type
  1.4.1 Global Pharmaceutical Packaging Machines Market Size Overview by Type (2019-2030)
  1.4.2 Global Pharmaceutical Packaging Machines Historic Market Size Review by Type (2019-2024)
  1.4.3 Global Pharmaceutical Packaging Machines Forecasted Market Size by Type (2025-2030)
1.5 Key Regions Market Size by Type
  1.5.1 North America Pharmaceutical Packaging Machines Sales Breakdown by Type (2019-2024)
  1.5.2 Europe Pharmaceutical Packaging Machines Sales Breakdown by Type (2019-2024)
  1.5.3 Asia-Pacific Pharmaceutical Packaging Machines Sales Breakdown by Type (2019-2024)
  1.5.4 Latin America Pharmaceutical Packaging Machines Sales Breakdown by Type (2019-2024)
  1.5.5 Middle East and Africa Pharmaceutical Packaging Machines Sales Breakdown by Type (2019-2024)

2 GLOBAL MARKET DYNAMICS

2.1 Pharmaceutical Packaging Machines Industry Trends
2.2 Pharmaceutical Packaging Machines Industry Drivers
2.3 Pharmaceutical Packaging Machines Industry Opportunities and Challenges
2.4 Pharmaceutical Packaging Machines Industry Restraints

3 MARKET COMPETITIVE LANDSCAPE BY COMPANY

3.1 Global Top Players by Pharmaceutical Packaging Machines Revenue (2019-2024)
3.2 Global Top Players by Pharmaceutical Packaging Machines Sales (2019-2024)
3.3 Global Top Players by Pharmaceutical Packaging Machines Price (2019-2024)
3.4 Global Pharmaceutical Packaging Machines Industry Company Ranking, 2022 VS 2023 VS 2024
3.5 Global Pharmaceutical Packaging Machines Key Company Manufacturing Sites & Headquarters
3.6 Global Pharmaceutical Packaging Machines Company, Product Type & Application
3.7 Global Pharmaceutical Packaging Machines Company Commercialization Time
3.8 Market Competitive Analysis
  3.8.1 Global Pharmaceutical Packaging Machines Market CR5 and HHI
  3.8.2 Global Top 5 and 10 Pharmaceutical Packaging Machines Players Market Share by Revenue in 2023
  3.8.3 2023 Pharmaceutical Packaging Machines Tier 1, Tier 2, and Tier

4 PHARMACEUTICAL PACKAGING MACHINES REGIONAL STATUS AND OUTLOOK

4.1 Global Pharmaceutical Packaging Machines Market Size and CAGR by Region: 2019 VS 2023 VS 2030
4.2 Global Pharmaceutical Packaging Machines Historic Market Size by Region
  4.2.1 Global Pharmaceutical Packaging Machines Sales in Volume by Region (2019-2024)
  4.2.2 Global Pharmaceutical Packaging Machines Sales in Value by Region (2019-2024)
  4.2.3 Global Pharmaceutical Packaging Machines Sales (Volume & Value), Price and Gross Margin (2019-2024)
4.3 Global Pharmaceutical Packaging Machines Forecasted Market Size by Region
  4.3.1 Global Pharmaceutical Packaging Machines Sales in Volume by Region (2025-2030)
  4.3.2 Global Pharmaceutical Packaging Machines Sales in Value by Region (2025-2030)
  4.3.3 Global Pharmaceutical Packaging Machines Sales (Volume & Value), Price and Gross Margin (2025-2030)

5 PHARMACEUTICAL PACKAGING MACHINES BY APPLICATION

5.1 Pharmaceutical Packaging Machines Market by Application
  5.1.1 Liquids Packaging
  5.1.2 Solids Packaging
  5.1.3 Semi-Solids Packaging
  5.1.4 Other Products Packaging
5.2 Global Pharmaceutical Packaging Machines Market Size by Application
  5.2.1 Global Pharmaceutical Packaging Machines Market Size Overview by Application (2019-2030)
  5.2.2 Global Pharmaceutical Packaging Machines Historic Market Size Review by Application (2019-2024)
  5.2.3 Global Pharmaceutical Packaging Machines Forecasted Market Size by Application (2025-2030)
5.3 Key Regions Market Size by Application
  5.3.1 North America Pharmaceutical Packaging Machines Sales Breakdown by Application (2019-2024)
  5.3.2 Europe Pharmaceutical Packaging Machines Sales Breakdown by Application (2019-2024)
  5.3.3 Asia-Pacific Pharmaceutical Packaging Machines Sales Breakdown by Application (2019-2024)
  5.3.4 Latin America Pharmaceutical Packaging Machines Sales Breakdown by Application (2019-2024)
  5.3.5 Middle East and Africa Pharmaceutical Packaging Machines Sales Breakdown by Application (2019-2024)

6 COMPANY PROFILES

6.1 IMA
  6.1.1 IMA Comapny Information
  6.1.2 IMA Business Overview
  6.1.3 IMA Pharmaceutical Packaging Machines Sales, Revenue and Gross Margin (2019-2024)
  6.1.4 IMA Pharmaceutical Packaging Machines Product Portfolio
  6.1.5 IMA Recent Developments
6.2 Bosch
  6.2.1 Bosch Comapny Information
  6.2.2 Bosch Business Overview
  6.2.3 Bosch Pharmaceutical Packaging Machines Sales, Revenue and Gross Margin (2019-2024)
  6.2.4 Bosch Pharmaceutical Packaging Machines Product Portfolio
  6.2.5 Bosch Recent Developments
6.3 Uhlmann
  6.3.1 Uhlmann Comapny Information
  6.3.2 Uhlmann Business Overview
  6.3.3 Uhlmann Pharmaceutical Packaging Machines Sales, Revenue and Gross Margin (2019-2024)
  6.3.4 Uhlmann Pharmaceutical Packaging Machines Product Portfolio
  6.3.5 Uhlmann Recent Developments
6.4 Kцrber AG
  6.4.1 Kцrber AG Comapny Information
  6.4.2 Kцrber AG Business Overview
  6.4.3 Kцrber AG Pharmaceutical Packaging Machines Sales, Revenue and Gross Margin (2019-2024)
  6.4.4 Kцrber AG Pharmaceutical Packaging Machines Product Portfolio
  6.4.5 Kцrber AG Recent Developments
6.5 Multivac
  6.5.1 Multivac Comapny Information
  6.5.2 Multivac Business Overview
  6.5.3 Multivac Pharmaceutical Packaging Machines Sales, Revenue and Gross Margin (2019-2024)
  6.5.4 Multivac Pharmaceutical Packaging Machines Product Portfolio
  6.5.5 Multivac Recent Developments
6.6 Marchesini Group
  6.6.1 Marchesini Group Comapny Information
  6.6.2 Marchesini Group Business Overview
  6.6.3 Marchesini Group Pharmaceutical Packaging Machines Sales, Revenue and Gross Margin (2019-2024)
  6.6.4 Marchesini Group Pharmaceutical Packaging Machines Product Portfolio
  6.6.5 Marchesini Group Recent Developments
6.7 Coesia Seragnoli
  6.7.1 Coesia Seragnoli Comapny Information
  6.7.2 Coesia Seragnoli Business Overview
  6.7.3 Coesia Seragnoli Pharmaceutical Packaging Machines Sales, Revenue and Gross Margin (2019-2024)
  6.7.4 Coesia Seragnoli Pharmaceutical Packaging Machines Product Portfolio
  6.7.5 Coesia Seragnoli Recent Developments
6.8 Optima
  6.8.1 Optima Comapny Information
  6.8.2 Optima Business Overview
  6.8.3 Optima Pharmaceutical Packaging Machines Sales, Revenue and Gross Margin (2019-2024)
  6.8.4 Optima Pharmaceutical Packaging Machines Product Portfolio
  6.8.5 Optima Recent Developments
6.9 Bausch & Strobel
  6.9.1 Bausch & Strobel Comapny Information
  6.9.2 Bausch & Strobel Business Overview
  6.9.3 Bausch & Strobel Pharmaceutical Packaging Machines Sales, Revenue and Gross Margin (2019-2024)
  6.9.4 Bausch & Strobel Pharmaceutical Packaging Machines Product Portfolio
  6.9.5 Bausch & Strobel Recent Developments
6.10 Mutual
  6.10.1 Mutual Comapny Information
  6.10.2 Mutual Business Overview
  6.10.3 Mutual Pharmaceutical Packaging Machines Sales, Revenue and Gross Margin (2019-2024)
  6.10.4 Mutual Pharmaceutical Packaging Machines Product Portfolio
  6.10.5 Mutual Recent Developments
6.11 Truking
  6.11.1 Truking Comapny Information
  6.11.2 Truking Business Overview
  6.11.3 Truking Pharmaceutical Packaging Machines Sales, Revenue and Gross Margin (2019-2024)
  6.11.4 Truking Pharmaceutical Packaging Machines Product Portfolio
  6.11.5 Truking Recent Developments
6.12 Gerhard Schubert
  6.12.1 Gerhard Schubert Comapny Information
  6.12.2 Gerhard Schubert Business Overview
  6.12.3 Gerhard Schubert Pharmaceutical Packaging Machines Sales, Revenue and Gross Margin (2019-2024)
  6.12.4 Gerhard Schubert Pharmaceutical Packaging Machines Product Portfolio
  6.12.5 Gerhard Schubert Recent Developments
6.13 Romaco
  6.13.1 Romaco Comapny Information
  6.13.2 Romaco Business Overview
  6.13.3 Romaco Pharmaceutical Packaging Machines Sales, Revenue and Gross Margin (2019-2024)
  6.13.4 Romaco Pharmaceutical Packaging Machines Product Portfolio
  6.13.5 Romaco Recent Developments
6.14 CHINASUN
  6.14.1 CHINASUN Comapny Information
  6.14.2 CHINASUN Business Overview
  6.14.3 CHINASUN Pharmaceutical Packaging Machines Sales, Revenue and Gross Margin (2019-2024)
  6.14.4 CHINASUN Pharmaceutical Packaging Machines Product Portfolio
  6.14.5 CHINASUN Recent Developments
6.15 CKD Corporation
  6.15.1 CKD Corporation Comapny Information
  6.15.2 CKD Corporation Business Overview
  6.15.3 CKD Corporation Pharmaceutical Packaging Machines Sales, Revenue and Gross Margin (2019-2024)
  6.15.4 CKD Corporation Pharmaceutical Packaging Machines Product Portfolio
  6.15.5 CKD Corporation Recent Developments
6.16 Hoong-A Corporation
  6.16.1 Hoong-A Corporation Comapny Information
  6.16.2 Hoong-A Corporation Business Overview
  6.16.3 Hoong-A Corporation Pharmaceutical Packaging Machines Sales, Revenue and Gross Margin (2019-2024)
  6.16.4 Hoong-A Corporation Pharmaceutical Packaging Machines Product Portfolio
  6.16.5 Hoong-A Corporation Recent Developments
6.17 MG2
  6.17.1 MG2 Comapny Information
  6.17.2 MG2 Business Overview
  6.17.3 MG2 Pharmaceutical Packaging Machines Sales, Revenue and Gross Margin (2019-2024)
  6.17.4 MG2 Pharmaceutical Packaging Machines Product Portfolio
  6.17.5 MG2 Recent Developments
6.18 SHINVA
  6.18.1 SHINVA Comapny Information
  6.18.2 SHINVA Business Overview
  6.18.3 SHINVA Pharmaceutical Packaging Machines Sales, Revenue and Gross Margin (2019-2024)
  6.18.4 SHINVA Pharmaceutical Packaging Machines Product Portfolio
  6.18.5 SHINVA Recent Developments
6.19 ACG
  6.19.1 ACG Comapny Information
  6.19.2 ACG Business Overview
  6.19.3 ACG Pharmaceutical Packaging Machines Sales, Revenue and Gross Margin (2019-2024)
  6.19.4 ACG Pharmaceutical Packaging Machines Product Portfolio
  6.19.5 ACG Recent Developments
6.20 Heino Ilsemann
  6.20.1 Heino Ilsemann Comapny Information
  6.20.2 Heino Ilsemann Business Overview
  6.20.3 Heino Ilsemann Pharmaceutical Packaging Machines Sales, Revenue and Gross Margin (2019-2024)
  6.20.4 Heino Ilsemann Pharmaceutical Packaging Machines Product Portfolio
  6.20.5 Heino Ilsemann Recent Developments

7 NORTH AMERICA BY COUNTRY

7.1 North America Pharmaceutical Packaging Machines Sales by Country
  7.1.1 North America Pharmaceutical Packaging Machines Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  7.1.2 North America Pharmaceutical Packaging Machines Sales by Country (2019-2024)
  7.1.3 North America Pharmaceutical Packaging Machines Sales Forecast by Country (2025-2030)
7.2 North America Pharmaceutical Packaging Machines Market Size by Country
  7.2.1 North America Pharmaceutical Packaging Machines Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  7.2.2 North America Pharmaceutical Packaging Machines Market Size by Country (2019-2024)
  7.2.3 North America Pharmaceutical Packaging Machines Market Size Forecast by Country (2025-2030)

8 EUROPE BY COUNTRY

8.1 Europe Pharmaceutical Packaging Machines Sales by Country
  8.1.1 Europe Pharmaceutical Packaging Machines Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  8.1.2 Europe Pharmaceutical Packaging Machines Sales by Country (2019-2024)
  8.1.3 Europe Pharmaceutical Packaging Machines Sales Forecast by Country (2025-2030)
8.2 Europe Pharmaceutical Packaging Machines Market Size by Country
  8.2.1 Europe Pharmaceutical Packaging Machines Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  8.2.2 Europe Pharmaceutical Packaging Machines Market Size by Country (2019-2024)
  8.2.3 Europe Pharmaceutical Packaging Machines Market Size Forecast by Country (2025-2030)

9 ASIA-PACIFIC BY COUNTRY

9.1 Asia-Pacific Pharmaceutical Packaging Machines Sales by Country
  9.1.1 Asia-Pacific Pharmaceutical Packaging Machines Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  9.1.2 Asia-Pacific Pharmaceutical Packaging Machines Sales by Country (2019-2024)
  9.1.3 Asia-Pacific Pharmaceutical Packaging Machines Sales Forecast by Country (2025-2030)
9.2 Asia-Pacific Pharmaceutical Packaging Machines Market Size by Country
  9.2.1 Asia-Pacific Pharmaceutical Packaging Machines Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  9.2.2 Asia-Pacific Pharmaceutical Packaging Machines Market Size by Country (2019-2024)
  9.2.3 Asia-Pacific Pharmaceutical Packaging Machines Market Size Forecast by Country (2025-2030)

10 LATIN AMERICA BY COUNTRY

10.1 Latin America Pharmaceutical Packaging Machines Sales by Country
  10.1.1 Latin America Pharmaceutical Packaging Machines Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  10.1.2 Latin America Pharmaceutical Packaging Machines Sales by Country (2019-2024)
  10.1.3 Latin America Pharmaceutical Packaging Machines Sales Forecast by Country (2025-2030)
10.2 Latin America Pharmaceutical Packaging Machines Market Size by Country
  10.2.1 Latin America Pharmaceutical Packaging Machines Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  10.2.2 Latin America Pharmaceutical Packaging Machines Market Size by Country (2019-2024)
  10.2.3 Latin America Pharmaceutical Packaging Machines Market Size Forecast by Country (2025-2030)

11 MIDDLE EAST AND AFRICA BY COUNTRY

11.1 Middle East and Africa Pharmaceutical Packaging Machines Sales by Country
  11.1.1 Middle East and Africa Pharmaceutical Packaging Machines Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  11.1.2 Middle East and Africa Pharmaceutical Packaging Machines Sales by Country (2019-2024)
  11.1.3 Middle East and Africa Pharmaceutical Packaging Machines Sales Forecast by Country (2025-2030)
11.2 Middle East and Africa Pharmaceutical Packaging Machines Market Size by Country
  11.2.1 Middle East and Africa Pharmaceutical Packaging Machines Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  11.2.2 Middle East and Africa Pharmaceutical Packaging Machines Market Size by Country (2019-2024)
  11.2.3 Middle East and Africa Pharmaceutical Packaging Machines Market Size Forecast by Country (2025-2030)

12 VALUE CHAIN AND SALES CHANNELS ANALYSIS

12.1 Pharmaceutical Packaging Machines Value Chain Analysis
  12.1.1 Pharmaceutical Packaging Machines Key Raw Materials
  12.1.2 Key Raw Materials Price
  12.1.3 Raw Materials Key Suppliers
  12.1.4 Manufacturing Cost Structure
  12.1.5 Pharmaceutical Packaging Machines Production Mode & Process
12.2 Pharmaceutical Packaging Machines Sales Channels Analysis
  12.2.1 Direct Comparison with Distribution Share
  12.2.2 Pharmaceutical Packaging Machines Distributors
  12.2.3 Pharmaceutical Packaging Machines Customers

13 CONCLUDING INSIGHTS

14 APPENDIX

14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
  14.5.1 Secondary Sources
  14.5.2 Primary Sources
14.6 Disclaimer


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