Pharmaceutical Processing and Packaging Equipment Market (2024-2031)
The Pharmaceutical Processing and Packaging Equipment Market is expected to reach $30.8 Billion by 2031, at a CAGR of 5.3% from 2024 to 2031. Pharmaceutical Processing and Packaging Equipment Market Size & Forecast The growth of this market is driven by the growth of the pharmaceuticals market due
- Published
- Aug 2024
- Pages
- 629
- Format
- PDF + Excel
- Report ID
- MR-320
- Base year
- 2023
- 2031 · FORECAST
- $30.80B
- 2031
- $30.80B
- CAGR 2024–2031
- 5.3%
2023 baseline · 2024–2031 forecast at 5.3% CAGR · hover a bar for the value
Key highlights
The Pharmaceutical Processing and Packaging Equipment Market is expected to reach $30.8 Billion by 2031, at a CAGR of 5.3% from 2024 to 2031.
The processing equipment segment is expected to account for a major share of 51.8% of the pharmaceutical processing and packaging equipment market.
In 2024, North America is expected to account for a substantial share of 35.9% of the Pharmaceutical Processing and Packaging Equipment market, followed by Europe and Asia-Pacific.
However, Asia-Pacific is expected to register the highest CAGR of 6.2% during the forecast period. The growth of this regional market can be attributed to the burden of chronic diseases.
Report summary
| Particulars | Details |
|---|---|
| Number of Pages | 629 |
| Format | |
| Forecast Period | 2024–2031 |
| Base Year | 2023 |
| CAGR (Value) | 5.3% |
| Market Size (Value) | USD 30.8 billion by 2031 |
| Segments Covered | By Type · Pharmaceutical Processing and Primary Packaging Equipment · Oral Formulations · Oral Solid Dosages · Processing Equipment · Capsule Making Equipment · Blending Equipment · Fluidized Bed Machines · Coating Equipment · Milling Equipment · Capsule Filling Equipment · Compression/Press Equipment · Other Processing Equipment · Primary Packaging Equipment · Blister Packaging Equipment · Bottle Filling & Capping Equipment · Bottle Labelling Equipment · Powder Sachet Filling & Packaging Equipment · Strip Packaging Equipment · Tablet Counting Equipment · Oral Liquid Dosages · Processing Equipment · Stirrers and Homogenizers · Preparation Vessels, Melting Vessels, and Storage Tanks · Filtration Units · Sugar Charging/Transfer Systems · Other Equipment · Primary Packaging Equipment · Bottle Filling & Capping Equipment · Bottle Labelling Equipment · Parenteral Formulations · Processing Equipment · Mixing Equipment, Preparation Tanks, and Other Containers · Process Systems (SVP, LVP) · Filtration Units · Sterilization Tunnels · Clean-in-Place (CIP) and Steam-in-Place (SIP) System · Aseptic Inspection Systems · Other Processing Equipment · Primary Packaging Equipment · Blow-Fill-Seal (BFS) Equipment · Aseptic Filling Equipment · Parenteral Labelling Equipment · Washing & Drying Equipment · Nested Filling Systems · Topical Formulations · Processing Equipment · Planetary and Homogenizer Mixers · Agitators-Stirrers · Preparation Vessels, Reactors, and Storage Tanks · Colloid Mills · Other Processing Equipment · Primary Packaging Equipment · Tube Filling Equipment · Cream Filling Equipment · Sachet Packaging Equipment · Other Formulations · Processing Equipment · Primary Packaging Equipment · Blow-Fill-Seal (BFS) Equipment · Pharmaceutical Spray-Filling Equipment · Other Packaging Equipment · Pharmaceutical Secondary Packaging Equipment · Cartoning Equipment · Carton Labelling & Serialization Equipment · Wrapping Equipment · Other Secondary Packaging Equipment · Pharmaceutical End-of-line Packaging Equipment · Case Packaging Equipment · Palletizing And De-Palletizing Equipment · Other End-of-line Packaging Equipment · (Note 1: Other processing equipment includes inspection machines, dust extractors, and polishing machines.) · (Note 2: The other equipment used in the pharmaceutical processing of liquid oral dosages include transfer pumps and interconnect pipelines.) · (Note 3: Other processing equipment used in parenteral formulations include debagging machines, nest unpackers, tray unpackers, tray-loading systems, buffering systems, and barrier systems.) · (Note 4: Blenders, milling equipment, and sifters are other processing equipment used in the manufacturing of topical formulations.) · (Note 5: Other formulations include trans-mucosal and inhalation drugs. The trans-mucosal drug administration route includes nasal, vaginal, urethral, buccal, and others.) · (Note 6: Other packaging equipment for trans-mucosal and inhalation drugs includes bottle filling and sealing equipment, blister packaging equipment, and suppository packaging equipment.) · (Note 7: The other pharmaceutical secondary packaging equipment market segment includes checkweighers, pneumatic robotic pick-and-place systems, and packaging conveyor lines.) · (Note 8: The other end-of-line packaging equipment segment includes cleaning equipment, stretch wrappers, shrink wrappers, and stretch banding machines.) |
| Countries Covered | North America (U.S., Canada), Europe (Germany, France, Italy, Belgium, Switzerland, U.K., Spain, Ireland, Denmark, Rest of Europe) · Asia–Pacific (India, China, Japan, Australia, South Korea, Rest of Asia–Pacific), Latin America (Brazil, Mexico, Rest of Latin America), Middle East & Africa |
| Key Companies | ACIC Pharmaceuticals, Inc. (Canada), Bausch+Ströbel (Germany), IDEX Corporation (U.S.), JECKSON VISION (India), Kevin Process Technologies Pvt. Ltd. (India), KIKUSUI SEISAKUSHO LTD. (Japan), Körber AG (Germany), KORSCH AG (Germany), Mettler-Toldeo International, Inc. (U.S.), MAQUINARIA INDUSTRIAL DARA, SL (Spain), Marchesini Group S.p.A. (Italy), Optel Group (Canada), OPTIMA packaging group GmbH (Germany), Syntegon Technology GmbH (Germany), Wenzhou Trustar Machinery Technology Co., Ltd (China), SaintyCo (China), ACG (India), ANTARES VISION S.p.A. (Italy), BREVETTI CEA S.P.A. (Italy), Cadmach Machinery Co. Pvt. Ltd (India), CAM Packaging IT (Italy), Coesia S.p.A. (Italy), Fette Compacting (Germany), Freund Corporation (Japan), GEA Group (Germany), Glatt GmbH (Germany), LINXIS GROUP (France), Harro Höfliger Verpackungsmaschinen GmbH (Germany), I.M.A. INDUSTRIA MACCHINE AUTOMATICHE S.P.A. (Italy), Uhlmann Group Holding Gmbh & Co. KG (Germany), Truking Technology Limited (China), and Tecnomaco Italia SRL (Italy) |
Report overview
Segments covered: formulation. Regions: North America, Europe, Latin America.
The growth of this market is driven by the growth of the pharmaceuticals market due to the increasing burden of chronic and infectious diseases, the growing demand for generic medicines, the rising geriatric population, and the growing demand for biopharmaceuticals; pharmaceutical companies must comply with increasingly stringent regulations, the rising demand for flexible manufacturing, and the increasing outsourcing of manufacturing operations. However, the growing adoption of refurbished equipment may restrain the market’s growth.
Additionally, the expansion of domestic pharmaceutical manufacturing capacities, growing pharmaceutical R&D expenditures, and the rising adoption of personalized medicines and self-medication are expected to create market growth opportunities. On the other hand, changing industry needs resulting from the continually evolving pharmaceutical field pose a hindrance to the market's growth.
Report infographic
Market dynamics
5 factors across 3 forcesGrowing Prevalence of Chronic Diseases
The global prevalence of chronic diseases such as cancer, arthritis, and heart disease is rising. In 2021, approximately 41 million people had chronic diseases, accounting for approximately 71% of all deaths globally. Among these, cardiovascular diseases accounted for around 17.9 million deaths, followed by cancer at 9.3 million, and chronic respiratory diseases at approximately 4.1 million deaths globally (Source: World Health Organization).
In addition, lung cancer cases are estimated to increase to 3.63 million cases in 2030 from 2.21 million in 2020 (Source: GLOBOCAN). The consistent growth in the global geriatric population, coupled with the increase in people leading sedentary lifestyles with poor dietary habits, alcohol consumption, and tobacco use, drives the prevalence of chronic diseases. Thus, the increasing incidence of chronic diseases stimulates pharmaceutical output, promoting the adoption of processing and packaging equipment.
Growing Demand for Flexible Manufacturing
Recent pharmaceutical trends encourage the development of tailored solutions for small patient populations. Regulatory bodies are encouraging this trend by speeding up drug approvals. Furthermore, pharmaceutical companies' growing emphasis on cost management, combined with uncertain demand for drugs, has created a need for more agile and flexible pharmaceutical manufacturing facilities. The introduction of continuous manufacturing and single-use technologies has enabled the creation of adaptable manufacturing facilities, allowing for innovation in pharmaceutical processing and packaging.
Fast-track drug approval programs and the need for operational flexibility among pharmaceutical companies and CMOs further support the adoption of flexible manufacturing processes. Orphan drug development is currently gaining traction due to its incentivization by regulatory authorities, accelerated drug approvals, and the exclusivity of the molecules. Orphan drug developers focus on shortening the clinical development phase, wherein processes involving chemistry, manufacturing, control development, scale-up, validation, tech transfer, and stability testing must be completed rapidly after securing initial regulatory approval. Thus, accelerated orphan drug development programs have increased the demand for flexible manufacturing in the pharmaceutical sector.
Table of contents
9 chapters · 192 sections · 629 pages · click to expandSegmental analysis
| Segment | Largest share (2024) | Fastest growth (2024–2031) |
|---|---|---|
| By Type | Processing Equipment | — |
By Type
- The processing equipment segment is expected to account for a major share of 51.8% of the pharmaceutical processing and packaging equipment market.
- The pharmaceutical processing and primary packaging equipment market is categorized based on different pharmaceutical formulations, namely, oral formulation (bifurcated into oral solid formulation and oral liquid formulation), parenteral formulation, topical formulation, and other formulations.
- This segment’s large market share can be attributed to the growing adoption of capsule formulations among geriatric and pediatric populations due to their ease of consumption, and technological advancements in the production of ultrafine drug particles, reaching micron and even sub-micron dimensions increase the demand for the processing equipment.
Geographic analysis
North America
Largest shareIn 2024, North America is expected to account for a substantial share of 35.9% of the Pharmaceutical Processing and Packaging Equipment market, followed by Europe and Asia-Pacific. North America’s significant market share can be attributed to the increased healthcare spending on drugs and initiatives by public organizations to increase domestic manufacturing and R&D on the drugs in the region. Furthermore, the adoption of the expansion plans by the pharma manufacturers to meet future demands of medicines and the increase in the exports of pharmaceuticals are further expected to improve the demand for pharmaceutical processing & packaging equipment in the region. By Geography: In 2024, North America to Dominate the Pharmaceutical Processing and Packaging Equipment Market
Asia-Pacific
Fastest growthHowever, Asia-Pacific is expected to register the highest CAGR of 6.2% during the forecast period. The growth of this regional market can be attributed to the burden of chronic diseases. A large population pool and government initiatives to improve the healthcare system in countries are also supporting the growth of the market in the region. These countries also serve as low-cost destinations for pharmaceutical manufacturing, which further supports the growth of this regional market.
Competitive landscape
- June 2024
Syntegon Technology GmbH (Germany) launched a Settle Plate Changer (SPC) at Achema 2024 to automate viable monitoring in the aseptic filling process.
- March 2023
ACIC Pharmaceuticals, Inc. (U.S.) launched a robotic visual inspection machine for Ready-to-use (RTU) containers. The machine is integrated with advanced camera technology and Artificial Intelligence (AI) for accurate inspections of particulate matter and cosmetic defects.
- October 2022
Mettler-Toledo International, Inc. (U.S.) launched the Mettler-Toledo CT33 system, a combined track & trace and check weighing solution. This system integrates Mark & Verify, serialization, and precision weighing capabilities, enhancing compliance, brand protection, quality control, and supply-chain traceability.
- August 2021
GEA Group (Germany) launched GEA Ariete Homogenizer 3160 and GEA TriplexPanda Lab Homogenizer. The Homogenizer was developed for continuous industrial production and preparation of nanodispersions, nanoparticles, and nanoemulsions.
- ACIC Pharmaceuticals, Inc. · Canada
- Bausch+Ströbel · Germany
- IDEX Corporation (U.S.)
- JECKSON VISION · India
- Kevin Process Technologies Pvt. Ltd. · India
- KIKUSUI SEISAKUSHO LTD. · Japan
- Körber AG · Germany
- KORSCH AG · Germany
- Mettler-Toldeo International, Inc. (U.S.)
- MAQUINARIA INDUSTRIAL DARA
- SL · Spain
- Marchesini Group S.p.A · Italy
- Optel Group · Canada
- OPTIMA packaging group GmbH · Germany
- Syntegon Technology GmbH · Germany
- Wenzhou Trustar Machinery Technology Co., Ltd · China
- SaintyCo · China
- ACG · India
- ANTARES VISION S.p.A · Italy
- BREVETTI CEA S.P.A · Italy
- Cadmach Machinery Co. Pvt. Ltd · India
- CAM Packaging IT · Italy
- Coesia S.p.A · Italy
- Fette Compacting · Germany
- Freund Corporation · Japan
- GEA Group · Germany
- Glatt GmbH · Germany
- LINXIS GROUP · France
- Harro Höfliger Verpackungsmaschinen GmbH · Germany
- I.M.A. INDUSTRIA MACCHINE AUTOMATICHE S.P.A · Italy
- Uhlmann Group Holding Gmbh & Co. KG · Germany
- Truking Technology Limited · China
- Tecnomaco Italia SRL · Italy
Frequently asked questions
This study offers a detailed assessment of the pharmaceutical processing and packaging equipment market sizes and forecasts based on Type. It also involves the value analysis of various segments and sub-segments of the market at the regional and country levels.
Cite this report
Meticulous Research. (2024). Pharmaceutical Processing and Packaging Equipment Market - Global Opportunity Analysis and Industry Forecast (2024-2031) (Report No. MR-320). Meticulous Market Research Pvt. Ltd. https://www.meticulousresearch.com/product/pharmaceutical-processing-and-packaging-equipment-market-5021