Healthcare

According to a market report by Lucintel, the future of the pharmaceutical packaging equipment market looks promising with opportunities in liquid packaging equipment, solid packaging equipment, and semi-solid packaging equipment. The global pharmaceutical packaging equipment market is expected to reach an estimated $10.9 billion by 2028 with a CAGR of 7.3% from 2023 to 2028. The major drivers for this market are growing predominance of chronic diseases, introduction of novel drugs, increasing demand for API packaging, and growing demand for adaptable and creative packing in pharmaceuticals.



In this market, primary packaging equipment, secondary packaging equipment, and labelling and serialization equipment are the different product segments. Lucintel forecasts that primary packaging equipment will remain the largest product segment over the forecast period due to increasing requirement for the aseptic filling and sealing of drug molecules into sterile containers along with growing demand for parenteral vials and prefillable syringes.   



Within this market, liquid packaging equipment are expected to remain the largest packaging type segment due to increasing production of liquid formulations and growing cases of eye and ear disorders globally.



Europe is expected to remain the largest region due to increasing investment in novel drug delivery techniques, significant growth in the pharmaceutical production, and growing demand for flexible packaging equipment by major pharmaceutical manufacturers in the region.

Robert Bosch, Romaco Holding, Marchesini Group, Korber AG, Coesia, MULTIVAC Group, and Uhlmann-Group are the major suppliers in the global pharmaceutical packaging equipment market.



Lucintel, a leading global strategic consulting and market research firm, has analysed growth opportunities in the global pharmaceutical packaging equipment market by product, packaging type, and region. Lucintel has compiled a comprehensive research report titled “Growth Opportunities in the Global Pharmaceutical Packaging Equipment Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global pharmaceutical packaging equipment market by product, packaging type, and region, as follows:

This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at helpdesk@lucintel.com.

 

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

 

Q.1. What are some of the most promising, high-growth opportunities for the pharmaceutical packaging equipment market by product (primary packaging equipment, secondary packaging equipment, and labelling and serialization equipment), packaging type (liquid packaging equipment, solid packaging equipment, and semi-solid packaging equipment), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last five years and what has its impact been on the industry?