Global Pharmaceutical Packaging Equipment Market Overview And Prospects
Learn about the global pharmaceutical packaging equipment market through The Business Research Company, which provides information on pharmaceutical packaging equipment market size, pharmaceutical packaging equipment market drivers and restraints, pharmaceutical packaging equipment market players, the COVID-19 impact on the pharmaceutical packaging equipment market, and more.
The global pharmaceutical packaging market is expected to grow from $7.80 billion in 2020 to $8.81 billion in 2021 at a compound annual growth rate (CAGR) of 13%. The growth in the pharmaceutical packaging equipment market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $13.23 billion in 2025 at a CAGR of 10.7%.
An increase in aging population is expected to drive innovation in pharmaceutical packaging equipment manufacturing, thus driving the market during the forecast period.
Request A Sample For The Global Pharmaceutical Packaging Equipment Market Report:
The pharmaceutical packaging equipment market consists of sales of pharmaceutical packaging equipment by entities (organizations, sole traders, and partnerships) that are used for packaging of all pharmaceutical products, using flexible and heat sealable material to form packages that are filled with a product and then sealed. Pharmaceutical packaging, also known as drug packaging, is defined as the packages and packaging processes used for pharmaceutical products.
Global pharmaceutical packaging equipment market segments include:
By Product: Primary Packaging Equipment, Secondary Packaging Equipment, Labelling And Sterilization Equipment
By Packaging Type: Liquids Packaging Equipment, Solid Packaging Equipment, Semi-Solid Packaging Equipment
By Equipment Type: Blenders, Granulators, Tablet Pressers, Tablet Coating Machine, Allied Machines
By Mode of Administration: Injectable Administration, Topical Administration, Oral Administration
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the pharmaceutical packaging equipment market in 2020
The automatic packaging machine is increasingly utilized in the pharmaceutical packaging equipment market. The machine automatically supplies packing materials and contents, and other parts of the packaging process can be done automatically.
TBRC’s pharmaceutical packaging equipment market report covers:
Major Market Players: Körber AG, Uhlmann Group, Marchesini Group S.p.A., Optima Packaging Group, Romaco Holding GmbH, MG2 s.r.l., Robert Bosch GmbH, Industria Macchine Automatiche S.p.A., Vanguard Pharmaceutical Machinery, Accutek Packaging Equipment Companies, MULTIVAC Group, Bausch + Ströbel Maschinenfabrik Ilshofen GmbH + Co. KG, ACG Group, Coesia S.P.A., Syntegon Technology, Trustar Pharma & Packing Equipment, Inline Filling Systems, Dara Pharmaceutical Packaging, ARPAC LLC, Romaco Group, N.K.P. Pharma, Ropack, and Trustar Pharma & Packing Equipment.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
The Pharmaceutical Packaging Equipment Global Market Report 2021: COVID-19 Growth And Change to 2030 is one of a series of new reports from The Business Research Company that provides pharmaceutical packaging equipment market overviews, analyzes and forecasts market size, share, pharmaceutical packaging equipment market players, pharmaceutical packaging equipment market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s pharmaceutical packaging equipment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Interested to know more about The Business Research Company?
The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.
Read more about us at https://www.thebusinessresearchcompany.com/about-the-business-research-company.aspx
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Follow us on LinkedIn: https://in.linkedin.com/company/the-business-research-company
Follow us on Twitter: https://twitter.com/tbrc_info
Check out our Blog: https://blog.tbrc.info/
Check out our Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model