According to FutureWise analysis the market for pharmaceutical packaging equipment in 2023 was US$ 8.9 billion, and is expected to reach US$ 15.55 billion by 2031 at a CAGR of 7.20%.
Pharmaceutical products require a high packaging standard to maintain the efficacy, safety, uniformity, reproducibility, integrity, and shelf-life of the pharmaceutical drugs. Pharmaceutical packaging equipment is complex in design and easy to operate due to technology integration. Equipment includes blister packing machine/blister packaging equipment (blister pack), capsule filling machine, vial filling machine and powder filling machine etc. Increasing utilization of pharmaceutical products for disease management requires continuous production of pharmaceuticals to meet the demand. It indirectly creates a huge demand for product packaging in the pharmaceutical sector. Along with this, increasing regulatory pressure to maintain product quality requires dynamic packaging. For these purposes, there is a huge demand for pharmaceutical packaging equipment in the manufacturing sectors. It is further supported by advancing technologies to integrate the manual process and led to the development of fully automatic pharmaceutical packaging equipment. It is a cost-effective process and decreased manual effort. All these factors led to the potential growth of global pharmaceutical packaging equipment market. Other factors like the increasing number of pharmaceutical manufacturers in recent times led to the robust growth of the market. Pharmaceutical packaging equipment market is expected to grow with high CAGR during the forecast period due to the rapid advancement of technologies.
Global pharmaceutical packaging equipment market is dominated by the Asia Pacific due to a high large number of manufacturing companies in this region. It was followed by North America and Europe region is expected to witness high penetration during the forecast period.
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Pharmaceutical Packaging Equipment Market Segmentation:
By Product
- Primary Packaging Equipment
- Aseptic Filling and Sealing Equipment
- Bottle Filling and Capping Equipment
- Blister Packaging Equipment
- Soft-tube Filling and Sealing Machines
- Sachet Packaging Equipment
- Strip Packaging Equipment
- Counting Equipment
- Others
- Secondary Packaging Equipment
- Cartoning Equipment
- Case Packing Equipment
- Wrapping Equipment
- Tray Packing Equipment
- Palletizing and Depalletizing Equipment
- Labeling and Serialization Equipment
- Bottle and Ampoule Labeling and Serialization
- Carton Labeling and Serialization
- Datamatrix Labeling and Serialization
By Type
- Liquids Packaging Equipment
- Aseptic Liquids Packaging Equipment
- Syrup Packaging Equipment
- Eye/Ear Drop Packaging Equipment
- Aerosol Packaging Equipment
- Others
- Solid Packaging Equipment
- Tablet Packaging Equipment
- Capsule Packaging Equipment
- Powder Packaging Equipment
- Granule Packaging Equipment
- Others
- Semi-Solid Packaging Equipment
- Ointment Packaging Equipment
- Cream Packaging Equipment
- Suppository Packaging Equipment
- Others
- Others
By Region
- Europe
- North America
- APAC
- Latin America
- Middle East and Africa
Competitive Landscape in Pharmaceutical Packaging Equipment Market:
- Robert Bosch GmbH
- Körber AG
- IMA S.P.A.
- Marchesini Group S.P.A.
- Uhlmann Group
- Coesia S.P.A.
- Optima Packaging Group
- MULTIVAC Group
- Romaco Holding GmbH
- ACG Worldwide
- Bausch + Ströbel Maschinenfabrik Ilshofen GmbH + Co.KG
- Accutek Packaging Equipment Companies
- Vanguard Pharmaceuticals Machinery
- MG2
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**Objectives of this Study: **
- To provide a comprehensive analysis of the Pharmaceutical Packaging Equipment Market By Product, By Type and By Region.
- To offer detailed insights into factors such as drivers, restraints, trends, and opportunities, as well as segmental and regional influences on market growth.
- To evaluate current market trends and forecast micro-markets, presenting overall market projections in the form of data sets and PowerPoint presentations.
- To predict the market size in key regions, including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
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