Global Pharmaceutical Packaging Equipment Market, By Product (Primary Packaging Equipment, Secondary Packaging Equipment, Labelling and Serialization Equipment), Packaging Type (Liquids Packaging Equipment, Solid Packaging Equipment, Semi-Solid Packaging Equipment), Equipment Type (Blenders, Granulators, Tablet Pressers, Tablet Coating Machine, Allied Machines), Mode of Administration (Injectable Administration, Topical Administration, Oral Administration), – Industry Trends and Forecast to 2029
Market Analysis and Size
Pharmaceutical packaging equipment’s offers well-organized solutions for formulating nutraceutical and pharmaceutical products for distribution across the globe. The latest pharmaceutical packaging equipment can include case packers, sealers, label applicators, hand packing stations and hard film over wrappers. Moreover, many types of liquid are used in the pharmaceutical sector and each product needs a precise measurement. No matter it is liquid or solid. This packaging offers product protection, patient comfort, quality products, and also fulfils the security needs.
Data Bridge Market Research analyses that the pharmaceutical packaging equipment market was valued at USD 8.5 billion in 2021 and is expected to reach USD 15.77 billion by 2029, registering a CAGR of 8.03% during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Products (Flat Pharmaceutical packaging equipment, Multi-Wall Paper Sacks, Open Mouth, Pasted Valve, Lock Pharmaceutical packaging equipment, Self-Opening-Style (SOS) Bags, Stand Up Pouch and Others), Usage (Single Use and Re-Usable), Capacity (Less Than 1 Kg, 1 Kg-5 Kg, 5 Kg-10 Kg and More Than 10 Kg), Size (Small Size, Medium Size, Large Size and Extra Large Size), Sealing And Handle (Heat Seal, Hand Length Handle, Ziplock, Twisted Handle, Flat Handle and Others), Shape (Rectangle, Square, Circular and Others), Distribution Channel (Convenience Stores, Supermarkets/Hypermarkets, Specialty Stores, E-Commerce and Others), End-User (Food And Beverages, Animal Feed, Cosmetic Products, Agriculture, Construction, Pharmaceuticals, Chemicals and Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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Robert Bosch GmbH (Germany), I.M.A. INDUSTRIA MACCHINE AUTOMATICHE S.P.A. (Italy), Körber AG (Germany), Coesia S.p.A (Italy), Syntegon Technology GmbH (Germany), Otto Bihler Maschinenfabrik GmbH & Co. KG (Germany), Romaco Group (Germany), Uhlmann Group (Germany), Maquinaria Industries Dara, SL (Spain), MULTIVAC (Germany), Accutek packaging Companies (US), Vanguard Pharmaceutical Machinery, Inc. (US), OPTIMA packaging group GmbH (Germany), ACG (India), Trustar Pharma Pack Equipment, Co. Ltd. (China), MG2 s.r.l. (Italy), Busch Machinery Inc, (US), Inline Filling Systems (US), Duke Technologies, LLC. (India), ARPAC LLC (US), ACIC Pharmaceuticals Inc. (Canada), AST, Inc. (US), Truking Technology Limited (China), NJM Packaging (US)
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Market Opportunities
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Market Definition
Pharmaceutical packaging equipment ensures safety and quality of pharmaceutical products. The equipment is generally used for primary and secondary packaging and the labelling and coding of pharmaceutical drugs. Pharmaceutical packaging equipment involve doing several tasks such as cleaning, fabrication, filling sealing and others.
Pharmaceutical Packaging Equipment Market Dynamics
Drivers
- Rise the demand in active pharmaceutical ingredient (API)
The demand for pharmaceutical packaging equipment increases due to the development of biological APIs, which increases demand for API packaging and upsurge in demand for abbreviated new drug applications (ANDA). This leads to upsurge the demand in the cost effective and efficient packaging delivery of formulated products in the pharmaceutical sector.
- High demand in Generics market
The introduction of novel drugs and the growing predominance of chronic diseases are all the driving factor for the growth of pharmaceutical packaging equipment in pharma sector. The growth in the production volume is anticipated to drive the pharmaceutical packaging equipment market for generic drug manufacturing, in several countries with low-cost manufacturing facilities.
- Demand of liquid packaging equipment
Liquid packaging equipment is the major segment for the growth of pharmaceutical packaging equipment market. This was attributed to the broad range of uses of liquid pharmaceutical doses due to their ability to be administered by the parenteral route or the oral that their palatability makes them a good product for paediatric and geriatric patients.
Opportunities
Increase in Emerging economies are the significant growth opportunities for the suppliers of pharmaceutical packaging equipment. Governments from several countries are starting to encourage biopharmaceutical and pharmaceutical companies to develop and manufacture drugs for several chronic and infectious diseases and emphasize the growth of life science infrastructure by undertaking numerous projects. Due to these development increase the demand of pharmaceutical packaging equipment which will further boost the beneficial opportunities for market growth rate.
Restraints/ Challenges
The uncertainties in the standards for regulations and serialising, including the possibility of new rules implemented, made a compliance challenge for packaging equipment manufacturers across the globe. The fluctuation in price of raw material, low capital investment capabilities of small manufacturers and growing preferences for renewed equipment in the industry in developing countries are the major market restrains that will obstruct the market's growth rate.
This pharmaceutical packaging equipment market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the pharmaceutical packaging equipment market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Pharmaceutical Packaging Equipment Market
The outbreak of COVID-19 pandemic has positively impacted the pharmaceutical packaging equipment market. The COVID-19 pandemic has increased the demand for therapeutics for fighting with coronavirus. Various pharmaceutical manufacturers are escalating their business or facilities due to the significant demand for medicine and vaccines for COVID-19. This strategy is anticipated to expand the demand for new equipment for packing for COVID-19 vaccines and therapies. COVID-19 had mostly disrupted the supply chain, due to which manufacturing unit was lagging in several countries. To tackle with this situation, the public administrations of several countries have augmented the domestic manufacturing of pharmaceuticals to reduce the dependency on imports.
Global Pharmaceutical Packaging Equipment Market Scope
The pharmaceutical packaging equipment market is segmented on the basis of products, packaging type, equipment type and mode of administration. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Primary Packaging Equipment
- Secondary Packaging Equipment
- Labelling and Serialization Equipment
Packaging Type
- Liquids Packaging Equipment
- Solid Packaging Equipment
- Semi-Solid Packaging Equipment
Equipment Type
- Blenders
- Granulators
- Tablet Pressers
- Tablet Coating Machine
- Allied Machines
Mode of Administration
- Injectable Administration
- Topical Administration
- Oral Administration
Pharmaceutical Packaging Equipment Market Regional Analysis/Insights
The pharmaceutical packaging equipment market is analysed and market size insights and trends are provided by country, products, packaging type, equipment type and mode of administration.as referenced above.
The countries covered in the pharmaceutical packaging equipment market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
During the forecast period, Asia-Pacific dominates the pharmaceutical packaging equipment market in terms of revenue and market share. This is due to the increasing demand for pharmaceutical packaging equipment in this region. The Asia-Pacific region dominates the pharmaceutical packaging equipment market due to the government's regulatory norms and stringent polices against counterfeit products, an increase in offshore pharmaceutical manufacturing, and an increase in the adoption of liquids packaging equipment in this region.
During the projected period, Europe is anticipated to be the fastest developing region due to higher production of pharmaceutical products in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Pharmaceutical Packaging Equipment Market Share Analysis
The pharmaceutical packaging equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to pharmaceutical packaging equipment market.
Some of the major players operating in the pharmaceutical packaging equipment market are:
- Robert Bosch GmbH (Germany)
- I.M.A. INDUSTRIA MACCHINE AUTOMATICHE S.P.A. (Italy)
- Körber AG (Germany)
- Coesia S.p.A (Italy)
- Syntegon Technology GmbH (Germany)
- Otto Bihler Maschinenfabrik GmbH & Co. KG (Germany)
- Romaco Group (Germany)
- Uhlmann Group (Germany)
- Maquinaria Industries Dara, SL (Spain)
- MULTIVAC (Germany)
- Accutek packaging Companies (US)
- Vanguard Pharmaceutical Machinery, Inc. (US)
- OPTIMA packaging group GmbH (Germany)
- ACG (India)
- Trustar Pharma Pack Equipment, Co. Ltd. (China)
- MG2 s.r.l. (Italy)
- Busch Machinery Inc, (US)
- Inline Filling Systems (US)
- Duke Technologies, LLC. (India)
- ARPAC LLC (US)
- ACIC Pharmaceuticals Inc. (Canada)
- AST, Inc. (US)
- Truking Technology Limited (China)
- NJM Packaging (US)
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