Pharmaceutical Packaging Equipment Market Size & Share Report, Growth, Trends, 2032

Global Pharmaceutical Packaging Equipment Market Insights

Zion Market Research has published a report on the global Pharmaceutical Packaging Equipment Market, estimating its value at USD 8.79 Billion in 2023, with projections indicating that it will reach USD 17.96 Billion by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 8.26% over the forecast period 2024-2032. The report explores the factors fueling market growth, the hitches that could hamper this expansion, and the opportunities that may arise in the Pharmaceutical Packaging Equipment industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.

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The Pharmaceutical Packaging equipment market is anticipated to register tremendous growth owing to excessive demand for pharmaceutical products due to high demand from various countries for increase in health expenditure to tackle the pandemic and issues arising due to it.

Global Pharmaceutical Packaging Equipment Market: Overview

The drug delivery systems and packaging of pharmaceutical products is an important step in the pharmaceutical sector. Pharmaceutical packaging equipment offers quality and safety of packaging for pharmaceutical products. Unlike conventional packaging systems, pharmaceutical packaging equipment is majorly used nowadays as they are modern, automated, flexible, and are incorporated to meet pharmaceutical products need.

Global Pharmaceutical Packaging Equipment Market: Growth Factors

The pharmaceutical packaging equipment market is anticipated to observe notable expansion in the coming future, due to the improved R&D, new developments in packaging materials, the rise in the development of contract packaging, and expansion in the generic market. Augmentation of demand and popularity for eco-friendly and reusable packaging is also projected to propel the pharmaceutical packaging equipment market. The pharmaceutical manufacturing key companies have started to take on environmental friendly pharmaceutical packaging equipment to beat ecological concerns.

A technological development in pharmaceutical packaging solutions provides huge innovative and developed applications to the biopharmaceutical & pharmaceutical industries to enhance their packaging measure. The impact of these growth drivers is projected to boost considerably owing to augment in awareness about a variety of diseases, increase in self-medication, and development in the utilization of OTC drugs. The expenditure of pharmaceutical packaging is projected to decrease with the development in technology and ecological packaging. The beginning of nano-enabled packaging is anticipated to offer a positive impact on the global pharmaceutical packaging equipment market.

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Global Pharmaceutical Packaging Equipment Market: Segmentation

The pharmaceutical packaging equipment market is classified into product types and packaging type. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.

The product type is further divided mostly into three most important divisions, which incorporates: semi-solids packaging equipment, solids packaging equipment, and liquids packaging equipment. The solid packaging equipment division is further categorized into capsule packaging equipment, tablet packaging equipment, and powder packaging equipment. The semi-solid packaging equipment market division is further bifurcated into ointment packaging equipment and cream packaging equipment. The liquid packaging equipment division has been categorized into aerosol packaging equipment, ear/ eye drop packaging equipment, and syrup packaging equipment.

By packaging type is classified into primary and secondary packaging equipment. The primary packaging equipment division is further categorized into sachet packaging equipment, capping and bottle filling equipment, sealing and aseptic filling equipment, sealing and soft tube filling equipment, blister packaging equipment, and others. The secondary packaging equipment has been further segmented into cartoning equipment, wrapping equipment, case packaging equipment, and others.

Pharmaceutical Packaging Equipment Market: Report Scope

Global Pharmaceutical Packaging Equipment Market: Regional Analysis

North America is anticipated to hold the largest market share in the years to come. The demand and popularity of the pharmaceutical packaging equipment market in this region are expected to be driven by the U.S. where several new products are getting launched with specific packaging requirements. The occurrence of most important pharmaceutical manufacturers such as Novartis and Pfizer is projected to fuel the market development in this region. The western European market is anticipated to see rapid development due to regulatory pressure related to packaging of medicines and growing demand and popularity for anti-counterfeit packaging. The existence of varied drug industries in India, China, and Japan is propelling the demand for pharmaceutical packaging equipment market in the Asia Pacific.

Global Pharmaceutical Packaging Equipment Market: Competitive Players

Some of the most important market players in the global pharmaceutical packaging equipment market are-

• Körber AG
• Romaco Pharmatechnik
• I.M.A. Industria Macchine Automatiche
• OPTIMA Packaging Group
• MULTIVAC
• Uhlmann-Group
• MG2
• Marchesini Group
• Robert Bosch
• Among others

This report segments the Global Pharmaceutical Packaging Equipment Market as follows:

Global Pharmaceutical Packaging Equipment Market: The Product Type Analysis

• Semi-solids Packaging Equipment
  • Ointment Packaging Equipment 
  • Cream Packaging Equipment
• Solids Packaging Equipment
  • Capsule Packaging Equipment
  • Tablet Packaging Equipment
  • Powder Packaging Equipment
• Liquids Packaging Equipment
  • Aerosol Packaging Equipment
  • Ear/ Eye Drop Packaging Equipment
  • Syrup Packaging Equipment

Global Pharmaceutical Packaging Equipment Market: The Packaging Type Analysis 

• Primary Packaging Equipment
  • Sachet Packaging Equipment
  • Capping And Bottle Filling Equipment
  • Sealing And Aseptic Filling Equipment
  • Sealing And Soft Tube Filling Equipment
  • Blister Packaging Equipment
  • Others
• Secondary Packaging Equipment
  • Cartoning Equipment
  • Wrapping Equipment
  • Case Packaging Equipment
  • Others

Global Pharmaceutical Packaging Equipment Market: Regional Segment Analysis

• North America
  • The U.S.
• Europe
  • The UK
  • France
  • Germany
• The Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• The Middle East and Africa

What Reports Provides

• Full in-depth analysis of the parent market
• Important changes in market dynamics
• Segmentation details of the market
• Former, on-going, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Market share analysis
• Key strategies of major players
• Emerging segments and regional markets
• Testimonials to companies in order to fortify their foothold in the market.