Report ID: SQMIG20I2337
Report ID: SQMIG20I2337
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Report ID:
SQMIG20I2337 |
Region:
Global |
Published Date: February, 2025
Pages:
195
|Tables:
94
|Figures:
70
Global Pharmaceutical Packaging Equipment Market size was valued at USD 9.34 Billion in 2024 and is poised to grow from USD 10.02 Billion in 2025 to USD 17.6 Billion by 2033, growing at a CAGR of 7.3% during the forecast period (2026–2033).
Rapidly surging demand for pharmaceuticals and drugs, expansion of pharmaceutical manufacturing activity, growing popularity of personalized medicine and biopharmaceuticals, and technological advancements in packaging equipment are slated to bolster the demand for pharmaceutical packaging equipment in the long run.
Growing investments in healthcare coupled with high incidence of chronic diseases are driving up the demand for pharmaceuticals. The need for efficient, high-speed, and reliable packaging equipment to ensure product safety of these novel pharmaceuticals is slated to drive up the sales of pharmaceutical packaging equipment going forward. Imposition of strict guidelines on pharmaceutical packaging to ensure drug safety, efficacy, and traceability are also estimated to offer new opportunities for market players over the coming years.
The rapid hike in demand for biopharmaceuticals, including vaccines, gene therapies, and personalized medicines around the world is also slated to drive the global pharmaceutical packaging equipment market growth through 2032. The need for specialized packaging solutions, such as cold-chain packaging and high-barrier material for biopharmaceuticals is also slated to offer new scope for product innovation in the future. Growing emphasis on the adoption of automated and robotic packaging solutions to improve efficiency, reduce human errors, and enhance productivity are also slated to help boost the sales of pharmaceutical packaging equipment going forward.
Counterfeit drugs are a major global concern, prompting the need for secure packaging technologies, such as tamper-evident seals, QR codes, and RFID-enabled tracking systems. Pharmaceutical companies are investing in advanced packaging equipment to enhance security and prevent counterfeiting. On the contrary, high initial investments, high maintenance costs, regulatory compliance challenges, short product lifecycles, supply chain disruptions, and dearth of skilled workforce for advanced equipment are forecasted to impede the sales of pharmaceutical packaging equipment across the study period and beyond.
Key Market Attributes
In April 2024, SIG, a leading packaging manufacturer headquartered in Switzerland announced the launch of a new filling system. The new SIG Prime 55 In-Line Aseptic offerings aim to eliminate the need for third-party pre-sterilization of spouted pouches. The new packaging machine utilizes aseptic filling technology with in-line sterilization for different types of products ranging from food to pharmaceuticals.
In February 2023, Volpak, a leading packaging machine manufacturing company from Spain announced the launch of new flexible packaging machines for pharmaceutical applications. The Enflex PHS Series is available in multiple-lane setups and is designed for specific configurations to meet customer needs. The company also claims that this new range of machines reduces material wrapping usage by 42% in comparison with other units on the market and saves energy costs through its servomotor-based energy recovery system. In November 2023, ELITER Packaging Machinery, a packaging machinery supplier announced the launch of a new automatic cartoning machine. The new machine was showcased at the Interpack Alliance Exhibition – Shanghai World of Packaging 2023 event. Gran Sonata utilizes multi-axis servo drive technology to make its construction and maintenance simpler for end users. The machine is suitable for large-sized cartoning and medium-size case packing for the automation of secondary and tertiary packaging operations for end users.
Launching new packaging equipment and machinery with advanced capabilities is the prime focus of all pharmaceutical packaging equipment companies. Integrating this advanced pharmaceutical packaging equipment with novel technologies such as artificial intelligence, machine learning, and Internet of Things (IoT) can also help maximize the business scope of market players in the long run. Collaborations with companies can also help foster product innovation and also create new opportunities to boost revenue generation going forward.
Market snapshot - 2026-2033
Global Market Size
USD 8.7 billion
Largest Segment
Filling
Fastest Growth
Wrapping
Growth Rate
7.3% CAGR
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Global Pharmaceutical Packaging Equipment Market is segmented by Product, Formulation, Automation, End User and region. Based on Product, the market is segmented into Primary packaging equipment, Secondary packaging equipment and Labeling and serialization equipment. Based on Formulation, the market is segmented into Liquid packaging equipment, Solid packaging equipment, Semi-solid packaging equipment and Other Product packaging equipment. Based on Automation, the market is segmented into Automatic, Sem-Automatic and Manual. Based on End User, the market is segmented into Pharmaceutical Contract Manufacturing Companies and Pharmaceutical Manufacturing Companies. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Analysis by Machine Type
The filling machine segment is slated to account for a dominant share of the global pharmaceutical packaging equipment industry in the future. Extensive use of precise filling machines in all types of pharmaceutical manufacturing activity is helping this segment hold sway over others. High demand for precise filling of pharmaceutical excipients and formulations in containers such as vials, bottles, and syringes are also expected to help this segment generate new business scope for market players in the long run. Filling machines are often fitted with automated controls and monitoring systems to enhance efficiency, reduce human error, and ensure compliance with pharmaceutical quality standards thereby making them indispensable in the industry.
On the other hand, the demand for wrapping machines is slated to increase at a robust pace over the coming years. Growing emphasis on providing secure packaging for pharmaceuticals to improve their protection and preservation is slated to bolster the adoption of advanced wrapping machines. Increasing use of advanced packaging solutions for pharmaceuticals is also slated to create new opportunities for wrapping machine suppliers going forward. Rising use of blister packs, strip packs, and sachets for pharmaceutical packaging is also expected to help this segment generate new opportunities for market players through 2032 and beyond.
Analysis by End User
Pharmaceutical companies are expected to spearhead the sales of pharmaceutical packaging equipment across the study period. Rapidly increasing emphasis of pharmaceutical companies on improving their production capacity to meet surging demands is slated to boost the adoption of pharmaceutical packaging equipment in this segment. Growing adoption of automation and advanced technologies by pharmaceutical companies to improve workflows, reduce errors, and enhance productivity are also expected to bolster the dominant global pharmaceutical packaging equipment market share of pharmaceutical companies in the future. Imposition of stringent regulations on pharmaceutical companies and efforts to improve compliance with the same are also cementing the high share of this segment in the long run.
Meanwhile, the demand for pharmaceutical packaging equipment in contract manufacturing companies is slated to rise at a phenomenal CAGR through 2032. Low costs of production, high flexibility, and scalability offered by contract manufacturing companies is helping this segment create new opportunities. Increasing preference for outsourcing among pharmaceutical and biotechnology companies around the world is also slated to open new avenues of opportunities for pharmaceutical packaging equipment suppliers to go forward. The need for diverse packaging solutions is also expected to promote the adoption of multiple new types of pharmaceutical packaging equipment in contract manufacturing organizations across the study period.
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The Asia Pacific region is anticipated to account for a major chunk of the global pharmaceutical packaging equipment market share over the coming years. Growing pharmaceutical manufacturing activities, the presence of leading contract manufacturing organizations, and high investments in pharmaceutical R&D are helping this region hold sway over others.
Rapidly increasing geriatric population and high prevalence of chronic diseases are boosting the demand for pharmaceuticals in China thereby making it a lucrative market for pharmaceutical packaging equipment companies. Investments in new pharmaceutical manufacturing facilities and use of advanced packaging in the same are also driving the adoption of pharmaceutical packaging equipment in this country. India and Japan are also slated to emerge as highly opportune countries for pharmaceutical packaging equipment vendors in this region.
North America is forecasted to hold the second-largest share of the global pharmaceutical packaging equipment industry going forward. The presence of leading pharmaceutical manufacturers, high investments in pharmaceutical R&D, and growing demand for personalized medicine are driving the sales of pharmaceutical packaging equipment in this region.
Growing adoption of automated pharmaceutical packaging solutions and presence of stringent regulatory mandates for pharmaceutical manufacturing are helping the United States emerge as the leading revenue generator in North America. Growing healthcare expenditure in Canada is also offering new business scope for pharmaceutical packaging equipment suppliers operating in this region.
Sales of pharmaceutical packaging equipment in Europe are expected to increase at a moderate pace going forward. High emphasis on patient safety, high demand for energy-efficient pharmaceutical packaging equipment, and growing pharmaceutical manufacturing activity are offering new business scope for pharmaceutical packaging equipment companies going forward.
Germany is forecasted to account for a dominant share of the European pharmaceutical packaging equipment market in the long run. High exports of biopharmaceuticals, efforts to maintain compliance with stringent packaging EU regulations, and quick adoption of advanced packaging technologies are helping this region generate new business scope. The United Kingdom and France are also slated to attractive markets owing to rising investments in pharmaceutical R&D.
Latin America is also slated to emerge as a highly opportune market for pharmaceutical packaging equipment vendors in the long run. Availability of cheap labor and supportive government funding to promote pharmaceutical manufacturing are also slated to boost sales of pharmaceutical packaging equipment in this region. Brazil is estimated to emerge as the top country in the Latin American region. The presence of pharmaceutical manufacturing companies such as Ache, EMS Pharma, Eurofarma, NEO Quimica, and Mantecorp Farmasa in this region is also estimated to open new avenues of opportunities in the long run.
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Drivers
High Demand for Sustainable Packaging
Surging Demand for Contract Manufacturing
Restraints
High Initial Investments and Maintenance Costs
Stringent Regulatory Requirements
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Pharmaceutical packaging equipment companies should focus on providing automation in their offerings to boost their business scope. Launching new products and collaborating with different companies can also help market players expand their revenue generation potential in the long run. Developing advanced filling and wrapping machines can offer best returns for companies as per this global pharmaceutical packaging equipment market analysis in the long run.
Top Player’s Company Profiles
Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, rapidly surging demand for pharmaceuticals, imposition of stringent regulations for pharmaceutical packaging, and advancements in packaging technologies are slated to be key factors driving the global pharmaceutical packaging equipment industry development through 2032. However, high costs of procurement and maintenance coupled with strict regulatory compliance mandates are forecasted to impede the sales of pharmaceutical packaging equipment in the long run. The Asia Pacific region is slated to account for the largest share of the global pharmaceutical packaging equipment market owing to the presence of leading contract manufacturing and pharmaceutical manufacturing companies in China and India. Integration of smart packaging and development of modular packaging solutions are estimated to offer new revenue generation opportunities going forward.
| Report Metric | Details |
|---|---|
| Market size value in 2024 | USD 9.34 Billion |
| Market size value in 2033 | USD 17.6 Billion |
| Growth Rate | 7.3% |
| Base year | 2024 |
| Forecast period | 2026-2033 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
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| Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Pharmaceutical Packaging Equipment Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Pharmaceutical Packaging Equipment Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Pharmaceutical Packaging Equipment Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Pharmaceutical Packaging Equipment Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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