Pharmaceutical Packaging Equipment Market by Type (Labeling & Serialization Equipment, Primary Packaging Equipment, Secondary Packaging Equipment), Product (Liquid Packaging Equipment, Semi-Solid Packaging Equipment, Solid Packaging Equipment), Automation
Description
Pharmaceutical Packaging Equipment Market by Type (Labeling & Serialization Equipment, Primary Packaging Equipment, Secondary Packaging Equipment), Product (Liquid Packaging Equipment, Semi-Solid Packaging Equipment, Solid Packaging Equipment), Automation, End-User - Global Forecast 2024-2030
The Pharmaceutical Packaging Equipment Market size was estimated at USD 9.60 billion in 2023 and expected to reach USD 10.34 billion in 2024, at a CAGR 8.01% to reach USD 16.47 billion by 2030.
The pharmaceutical packaging equipment market comprises a range of machinery, technology, and systems used for the enclosing and protection of pharmaceutical products such as tablets, capsules, and liquids, among others. This market is essential in ensuring the safe storage, transportation, and dispensing of pharmaceuticals throughout their lifecycle through the production and supply of efficient and reliable pharmaceutical packaging equipment. The constantly increasing pharmaceutical industry worldwide has created an increased need for effective packaging of drug delivery devices and blister packaging for pharmaceutical formulations. The improved health awareness and adoption of new regulatory standards for pharmaceutical packaging have also enhanced the adoption of advanced pharmaceutical packaging equipment. However, the rising packaging costs due to dynamic regulatory policies have limited the market demand for pharmaceutical packaging equipment. Additionally, safeguarding against counterfeit products has also emerged as a challenging factor for the market's growth. Moreover, the surging demand for primary pharmaceutical packaging and technological advancements in pharmaceutical packaging equipment are expected to create attractive opportunities for market growth in upcoming years.
Regional Insights
The advanced landscape of the pharmaceutical packaging equipment market in the Americas is driven by their immense adoption by major pharmaceutical companies and stringent regulatory standards set by agencies such as the Food and Drug Administration (FDA) and Health Canada. Asia is projected to witness rapid growth in the pharmaceutical packaging equipment market in the upcoming years due to the growing pharmaceutical manufacturing base and government initiatives investing in pharma production. Countries such as China, India, and Japan are at the forefront of this growth with their highly skilled workforce along with affordable labor costs driving production capabilities in these countries, and several international players are setting up manufacturing facilities in Asia owing to its strategic advantages. Europe has a long-standing history of innovation in pharmaceuticals that extends into its approach toward pharmaceutical packaging equipment as well. The region's focus on quality and safety has attracted numerous pharmaceutical packaging equipment manufacturers owing to the strict regulatory requirements enforced by agencies such as the European Medicines Agency (EMA), ensuring compliance with Good Manufacturing Practices(GMP). Key players operating in the European market portray a strong emphasis on research and development.
Market Insights
- Market Dynamics
The market dynamics represent an ever-changing landscape of the Pharmaceutical Packaging Equipment Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.- Market Drivers
- Rise in pharmaceutical production and export activities worldwide
- Adoption of precision packaging and processing machinery for dosage accuracy
- Need for cold chain packaging systems in the pharmaceutical industry
- Market Restraints
- Issues related to frequent maintenance and regulatory compliance of equipment
- Market Opportunities
- Emphasis on pharmaceutical serialization and trace & track requirements
- Technological advancements in pharmaceutical packaging equipment
- Market Challenges
- Complexity of operating certain pharmaceutical packaging machines
- Market Segmentation Analysis
- Type: Exponential need for advanced primary packaging equipment to maintain drug potency and minimize contamination risks
- Product: Need for cost-effective packaging equipment to pack liquid medications for precise dosing
- Automation: Preference for automatic packaging equipment as an ideal choice in the pharmaceutical industry
- End-User: High emphasis on automated, highly efficient, and sustainable equipment from CMOs and pharmaceutical packaging equipment companies
- Market Disruption Analysis
- Porter’s Five Forces Analysis
- Value Chain & Critical Path Analysis
- Pricing Analysis
- Technology Analysis
- Patent Analysis
- Trade Analysis
- Regulatory Framework Analysis
The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Pharmaceutical Packaging Equipment Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Pharmaceutical Packaging Equipment Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Recent Developments- Delta ModTech and Frontier LLC Merge
Frontier LLC and Delta ModTech merged to combine Frontier's proficiency in coating and drying equipment with Delta ModTech's converting services. This merger solidifies Frontier's standing as a provider of top-notch pharmaceutical packaging equipment.
OCYONBIO Announces Strategic Agreement with Marchesini Group USA for the Purchase of Filling and Packaging Equipment
OCYONBIO, a contract development and manufacturing organization (CDMO) specializing in advanced therapies, entered into a strategic agreement with Marchesini Group. This agreement addresses OCYONBIO's clients' sterile filling requirements for vials, syringes, and cartridges by acquiring state-of-the-art packaging equipment from the Marchesini Group.
TurboFil Packaging Machines announces expansion at HQ
TurboFil Packaging Machines, a player in the design and development of liquid filling and assembly machines for the pharmaceutical packaging industry, expanded its product development and demonstration space at its headquarters in Mount Vernon, New York. This expansion has allowed the company to provide more innovative solutions to its customers across the United States and abroad. With an additional 50% increase in square footage, TurboFil is well-equipped to meet the growing demands of the industry and continue to deliver exceptional products and services.
The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Pharmaceutical Packaging Equipment Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.
Key Company Profiles
The report delves into recent significant developments in the Pharmaceutical Packaging Equipment Market, highlighting leading vendors and their innovative profiles. These include ACG Group, ACIC Pharmaceuticals Inc., Aesus Inc., AIPAK Pharma, Antares Vision Group, Atlas Vac Machine, LLC, Bausch+Ströbel SE + Co. KG, CAM Automatic Packaging Machines, Coesia SpA, CVC Technologies, Inc., Delta ModTech, Enercon Industries Corporation, Fabrima Automatic Machines, Farmadosis Group, FujiMachinery Co., Ltd., Heino Ilsemann GmbH, I.M.A .Industria Macchine Automatiche S.p.A, Jornen Machinery Co., Ltd., Körber AG, LF of America, Lodha International LLP, Maquinaria Industrial Dara, SL, Marchesini Group S.p.A., MG2 S.R.L., Omag S.p.A., Optel Group, OPTIMA Packaging Group GmbH, Pro Mach, Inc, Prodo-Pak Corporation, Romaco Pharmatechnik GmbH, Royal Pharmaceutical Machinery Limited, Slideways, Inc., Sonoco Products Company, Syntegon Technology GmbH, The ULMA Group, and Uhlmann Pac-Systeme GmbH & Co. KG.
Market Segmentation & Coverage
This research report categorizes the Pharmaceutical Packaging Equipment Market to forecast the revenues and analyze trends in each of the following sub-markets:- Type
- Labeling & Serialization Equipment
- Bottle & Ampoule Labeling
- Carton Labeling & Serialization Equipment
- Primary Packaging Equipment
- Aseptic Filling & Sealing Equipment
- Blister Packaging Equipment
- Bottle Filling & Capping Equipment
- Counting Equipment
- Sachet Packaging Equipment
- Soft-Tube Filling & Sealing Equipment
- Strip Packaging Equipment
- Secondary Packaging Equipment
- Cartoning Equipment
- Case Packing Equipment
- Palletizing & Depalletizing Equipment
- Tray Packing Equipment
- Wrapping Equipment
- Product
- Liquid Packaging Equipment
- Aerosols
- Aseptic Liquids
- Eye/Ear Drops
- Syrups
- Semi-Solid Packaging Equipment
- Creams
- Ointments
- Suppositories
- Solid Packaging Equipment
- Capsules
- Granules
- Powders
- Tablets
- Automation
- Automatic
- Manual
- Semi-Automatic
- End-User
- Pharmaceutical Contract Manufacturing Companies
- Pharmaceutical Packaging Companies
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
Please Note: PDF & Excel + Online Access - 1 Year
- Americas
- Liquid Packaging Equipment
- Labeling & Serialization Equipment
- Market Drivers
Table of Contents
193 Pages
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Rise in pharmaceutical production and export activities worldwide
- 5.1.1.2. Adoption of precision packaging and processing machinery for dosage accuracy
- 5.1.1.3. Need for cold chain packaging systems in the pharmaceutical industry
- 5.1.2. Restraints
- 5.1.2.1. Issues related to frequent maintenance and regulatory compliance of equipment
- 5.1.3. Opportunities
- 5.1.3.1. Emphasis on pharmaceutical serialization and trace & track requirements
- 5.1.3.2. Technological advancements in pharmaceutical packaging equipment
- 5.1.4. Challenges
- 5.1.4.1. Complexity of operating certain pharmaceutical packaging machines
- 5.2. Market Segmentation Analysis
- 5.2.1. Type: Exponential need for advanced primary packaging equipment to maintain drug potency and minimize contamination risks
- 5.2.2. Product: Need for cost-effective packaging equipment to pack liquid medications for precise dosing
- 5.2.3. Automation: Preference for automatic packaging equipment as an ideal choice in the pharmaceutical industry
- 5.2.4. End-User: High emphasis on automated, highly efficient, and sustainable equipment from CMOs and pharmaceutical packaging equipment companies
- 5.3. Market Trend Analysis
- 5.3.1. Robust expansion of the pharmaceutical industry fueling the need for advance pharmaceutical packaging equipment in Americas
- 5.3.2. Significant development of production capabilities of pharmaceutical packaging equipment manufacturers due to increased government support in the APAC region
- 5.3.3. Introduction of advanced and regulatory-compliant packaging equipment by well-established market players to cater to the demand for increasing pharmaceutical production and exports across EMEA
- 5.4. Cumulative Impact of High Inflation
- 5.5. Porter’s Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
- 5.6. Value Chain & Critical Path Analysis
- 5.7. Regulatory Framework Analysis
- 6. Pharmaceutical Packaging Equipment Market, by Type
- 6.1. Introduction
- 6.2. Labeling & Serialization Equipment
- 6.3. Primary Packaging Equipment
- 6.4. Secondary Packaging Equipment
- 7. Pharmaceutical Packaging Equipment Market, by Product
- 7.1. Introduction
- 7.2. Liquid Packaging Equipment
- 7.3. Semi-Solid Packaging Equipment
- 7.4. Solid Packaging Equipment
- 8. Pharmaceutical Packaging Equipment Market, by Automation
- 8.1. Introduction
- 8.2. Automatic
- 8.3. Manual
- 8.4. Semi-Automatic
- 9. Pharmaceutical Packaging Equipment Market, by End-User
- 9.1. Introduction
- 9.2. Pharmaceutical Contract Manufacturing Companies
- 9.3. Pharmaceutical Packaging Companies
- 10. Americas Pharmaceutical Packaging Equipment Market
- 10.1. Introduction
- 10.2. Argentina
- 10.3. Brazil
- 10.4. Canada
- 10.5. Mexico
- 10.6. United States
- 11. Asia-Pacific Pharmaceutical Packaging Equipment Market
- 11.1. Introduction
- 11.2. Australia
- 11.3. China
- 11.4. India
- 11.5. Indonesia
- 11.6. Japan
- 11.7. Malaysia
- 11.8. Philippines
- 11.9. Singapore
- 11.10. South Korea
- 11.11. Taiwan
- 11.12. Thailand
- 11.13. Vietnam
- 12. Europe, Middle East & Africa Pharmaceutical Packaging Equipment Market
- 12.1. Introduction
- 12.2. Denmark
- 12.3. Egypt
- 12.4. Finland
- 12.5. France
- 12.6. Germany
- 12.7. Israel
- 12.8. Italy
- 12.9. Netherlands
- 12.10. Nigeria
- 12.11. Norway
- 12.12. Poland
- 12.13. Qatar
- 12.14. Russia
- 12.15. Saudi Arabia
- 12.16. South Africa
- 12.17. Spain
- 12.18. Sweden
- 12.19. Switzerland
- 12.20. Turkey
- 12.21. United Arab Emirates
- 12.22. United Kingdom
- 13. Competitive Landscape
- 13.1. Market Share Analysis, 2023
- 13.2. FPNV Positioning Matrix, 2023
- 13.3. Competitive Scenario Analysis
- 13.3.1. Delta ModTech and Frontier LLC Merge
- 13.3.2. OCYONBIO Announces Strategic Agreement with Marchesini Group USA for the Purchase of Filling and Packaging Equipment
- 13.3.3. TurboFil Packaging Machines announces expansion at HQ
- 13.3.4. EndFlex Launches New Automated Packaging System
- 13.3.5. ACG acquires Technical Aluminium Foil Company
- 13.3.6. Bausch+Stroebel Opened Manufacturing Facility in Branford
- 13.3.7. Syntegon Expands Portfolio With LFS Filling Technology
- 13.3.8. ROTZINGER PharmaPack Enters the U.S. market
- 13.3.9. CVC Technologies has announced the acquisition of Changsung Softgel System
- 13.3.10. Marchesini Group acquires Milan-based company M.A.R. S.p.A.
- 13.3.11. Envoy Solutions Acquired Delta Packaging & Supply
- 13.3.12. OPTIMA pharma is expanding its service presence in the USA by opening a service hub in North Carolina
- 14. Competitive Portfolio
- 14.1. Key Company Profiles
- 14.2. Key Product Portfolio
Pricing
Currency Rates
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