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 high packaging standards to ensure their efficacy, safety, uniformity, reproducibility, integrity, and shelf life. The design of pharmaceutical packaging equipment is complex yet user-friendly, thanks to advancements in technology. This equipment includes blister packing machines, capsule filling machines, vial filling machines, and powder filling machines, among others.
The increasing use of pharmaceutical products for disease management drives the ongoing need for production in the sector, which in turn creates significant demand for packaging solutions. Additionally, growing regulatory pressures to maintain product quality necessitate dynamic packaging solutions. As a result, there is a substantial demand for pharmaceutical packaging equipment in manufacturing sectors.
Advancements in technology have also facilitated the integration of manual processes, leading to the development of fully automatic pharmaceutical packaging equipment. This transition not only reduces manual labor but also offers a cost-effective solution. These factors contribute to the robust growth potential of the global pharmaceutical packaging equipment market.
Moreover, the rise in the number of pharmaceutical manufacturers in recent years has further propelled market growth. The global pharmaceutical packaging equipment market is expected to experience a high compound annual growth rate (CAGR) during the forecast period due to rapid technological advancements.
The Asia Pacific region currently dominates the global pharmaceutical packaging equipment market, owing to a large number of manufacturing companies in the area. Following Asia Pacific are North America and Europe, both of which are projected to see significant growth 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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