Overview

Pharmaceutical Packaging Equipment Market Introduction:

The Global Pharmaceutical Packaging Equipment Market is estimated to value over USD 11.64 billion by 2027 end with a CAGR of over 7% during the forecast period 2020 to 2027.

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. U.S. account major share in the North America market and Europe is dominated by the UK, France and Germany due adoption. Latin America and Rest of the World is expected to witness the highest growth rate in the global pharmaceutical packaging equipment market. They were expected to account a significant share in the global pharmaceutical packaging equipment market.

Pharmaceutical packaging equipment market players include:

Some of the key market players are Robert Bosch GmbH (Germany), Körber AG (Germany), IMA S.P.A. (Italy), Marchesini Group S.P.A. (Italy), Uhlmann Group (Germany), Coesia S.P.A. (Italy), Optima Packaging Group (Germany), MULTIVAC Group (Germany), Romaco Holding GmbH (Germany), ACG Worldwide (India), Bausch + Ströbel Maschinenfabrik Ilshofen GmbH + Co.KG (Germany), Accutek Packaging Equipment Companies (US), Vanguard Pharmaceuticals Machinery (US), and MG2 (Italy).

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 & Ampoule Labeling & Serialization
Carton Labeling & Serialization
Datamatrix Labeling & 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
Rest of World

Competitive Landscape:

Tier 1 players- established companies in the market with a major market share
Tier 2 players
Emerging players which are growing rapidly
New Entrants

FutureWise Takeaways:

Growth prospects
SWOT analysis
Key trends
Key data-points affecting market growth

Objectives of the Study:

To provide with an exhaustive analysis on the global pharmaceutical packaging equipment market on the basis of product type, end-user and region
To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
To evaluate and forecast micro-markets and an overall market
To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and the Middle East
To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
Profiling of companies to evaluate their market shares, strategies, financials and core competencies