Packaging machines are machines that complete stages of the packaging process. Examples include filling machines, sealing machines, wrapping machines, strapping machines, labelling machines and coding machines.
Pharmaceutical packaging machines are often custom-designed to handle specific product configurations such as vials.
The growth of the market can be attributed to factors such as cost containment in pharma R&D, growth in funding for generics and biopharmaceutical research, and technological advancements in labeling and serializations solutions. The development of production lines for small batch size and research purposes, growing focus of pharmaceutical manufacturers to cut operational costs, and rising emphasis on labeling and serialization for anti-counterfeiting of drugs are the key trends in the market. However, growing preference for refurbished packaging equipment as a viable alternative to new packaging equipment with high costs is expected to restrain the market growth to a certain extent.
On the basis of package type, the market is segmented into primary packaging, secondary packaging, and labeling and serialization equipment. In 2017, the primary packaging equipment segment accounted for the largest share of 80.5% in the pharmaceutical packaging equipment market. The large share can be attributed to the rising regulatory modifications, rapid growth in the pharmaceutical industry, and rising technological advancements.
The Pharmaceutical Packaging Machines market was valued at 6300 Million US$ in 2018 and is projected to reach 8600 Million US$ by 2025, at a CAGR of 4.0% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Pharmaceutical Packaging Machines.
This report presents the worldwide Pharmaceutical Packaging Machines market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Bausch & Strobel
Pharmaceutical Packaging Machines Breakdown Data by Type
Primary Packaging Machine
Secondary Packaging Machine
Labeling and Serialization Machine
Pharmaceutical Packaging Machines Breakdown Data by Application
Other Products Packaging
Pharmaceutical Packaging Machines Production by Region
Pharmaceutical Packaging Machines Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Pharmaceutical Packaging Machines status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Pharmaceutical Packaging Machines manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Pharmaceutical Packaging Machines :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Pharmaceutical Packaging Machines market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.