Global pharmaceutical packaging equipment market to reach USD 12 billion by 2027. Global pharmaceutical packaging equipment market is valued approximately at USD 7.3 billion in 2020 and is anticipated to grow with a healthy growth rate of about 7.4% over the forecast period 2021-2027. Pharmaceutical packaging equipment refer to the machinery that offers efficient solutions for preparing nutraceutical and pharmaceutical products for distribution. The advanced pharmaceutical packaging equipment can include label applicators, sealers, hand packing stations, case packers, and hard film over wrappers. The global pharmaceutical packaging equipment market is being driven by growth in the generics and biopharmaceuticals market across the globe and growing need for integrated and flexible packaging equipment across the globe. Furthermore, increasing pharmaceutical research and development investments will provide new opportunities for the global pharmaceutical packaging equipment industry. According to Statista, total spending on pharmaceutical research and development across the globe is expected to increase from USD 137 billion in 2012 to approximately USD 254 billion by 2026. Such growth in the pharmaceutical research and development spending across the globe is expected to fuel developments in pharmaceutical packaging equipment and hence promote the market growth. However, increasing preference for refurbished equipment may impede market growth over the forecast period of 2021-2027.

The regional analysis of the global pharmaceutical packaging equipment market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. Europe accounts for the largest share in terms of market revenue in the global pharmaceutical packaging equipment market over the forecast period 2021-2027. Factors such as increase in the demand for flexible packaging equipment by leading pharmaceutical manufacturers, increasing focus on product diversification by companies, high pharmaceutical production, technological developments and innovations, etc. are some of the major factors which are expected to contribute towards the largest market share of the region in the forecast years.

Major market player included in this report are:
Syntegon Technology
IMA S.p.A.
K??rber AG
Uhlmann Group
OPTIMA Packaging Group
Romaco Holding
MG2 S.r.l.
Marchesini Group
Vanguard Pharmaceutical Machinery
ACG Worldwide

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:
Liquids Packaging Equipment
Solids Packaging Equipment
Semi-Solids Packaging Equipment
Others
By Package:
Primary Packaging Equipment
Secondary Packaging
Labeling and Serialization Equipment
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.

Target Audience of the Global Pharmaceutical Packaging Equipment Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors