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Rising Aging Population Fuels Growth In The Pharmaceutical Drugs And Packaging Equipment Market: Pivotal Factor Influencing Pharmaceutical Packaging Equipment Market Growth in 2025
Pharmaceutical Packaging Equipment Market
Pharmaceutical Packaging Equipment Market Size Growth Forecast: What to Expect by 2025?
There has been a swift expansion in the size of the pharmaceutical packaging equipment market in the past few years. The market is set to rise from $12.03 billion in 2024 to $13.27 billion in 2025, depicting a compound annual growth rate (CAGR) of 10.3%. This growth during the historic period stems from advancements in automation, the implementation of serialization and track & trace, the incorporation of intelligent packaging technologies, along with green and sustainable packaging.
How Will the Pharmaceutical Packaging Equipment Market Size Evolve and Grow by 2029?
The size of the pharmaceutical packaging equipment market is set to witness a swift expansion in the coming years. It is projected to attain a value of $21.49 billion by 2029, expanding at a compound annual growth rate (CAGR) of 12.8%. This growth during the projected period is due to the focus on operational efficiency, the intricacy of the pharmaceutical supply chain, the adoption of sustainable packaging methods, the quick expansion of the pharmaceutical sector, and the need to meet regulatory compliance obligations. The forecast period is expected to see major trends such as the use of automation and robotics, the implementation of advanced serialization and tracking systems, packaging for personalized medicines, and flexible and modular packaging solutions, as well as an increased emphasis on green and sustainable packaging.
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What Drivers Are Propelling the Growth of Pharmaceutical Packaging Equipment Market Forward?
The rising number of elderly people globally is anticipated to escalate the occurrence of age-associated diseases, thereby fuelling the expansion of the pharmaceutical drugs and pharmaceutical packaging equipment market. The growth of the elderly demographic worldwide is surging quickly and is projected to persist throughout the forecast period. For instance, data from the Centers for Disease Control and Prevention (CDC) predicts that the U.S population aged 65 years or more will approximate to nearly 71 million by 2030 and escalate to 98 million by 2060. By the year 2030, it is projected that China will be home to almost half of the world's Parkinson's disease sufferers, owing largely to its increasing elderly population. The projected rise in the number of elderly people afflicted with age-related diseases is expected to be a significant driver for the pharmaceutical packaging equipment market.
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Which Emerging Trends Are Transforming the Pharmaceutical Packaging Equipment Market in 2025?
The use of automatic packaging machines is growing in the pharmaceutical packaging equipment market. These machines independently provide packing materials and contents, and handle various parts of the packaging process. For example, in September 2022, US firm Ranpak introduced an automated in-line packing machine named Cut'it! EVO to markets around the world. The aim of this machine is to boost package production, cut operational costs, and better the sustainability of client operations. It offers advantages like enhanced sustainability and diminished shipment volume.
What Are the Key Segments in the Pharmaceutical Packaging Equipment Market?
The pharmaceutical packaging equipment market covered in this report is segmented -
1) By Product: Primary Packaging Equipment, Secondary Packaging Equipment, Labelling And Sterilization Equipment
2) By Packaging Type: Liquids Packaging Equipment, Solid Packaging Equipment, Semi-Solid Packaging Equipment
3) By Equipment Type: Blenders, Granulators, Tablet Pressers, Tablet Coating Machine, Allied Machines
4) By Mode of Administration: Injectable Administration, Topical Administration, Oral Administration
Subsegments:
1) By Primary Packaging Equipment: Bottling Machines, Blister Packaging Machines, Filling Machines, Sealing Machines
2) By Secondary Packaging Equipment: Cartoning Machines, Case Packaging Machines, Shrink Wrapping Machines, Palletizing Machines
3) By Labelling And Sterilization Equipment: Labeling Machines, Sterilizers, Cleanroom Equipment, Inspection Machines
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Who Are the Key Players Shaping the Pharmaceutical Packaging Equipment Market's Competitive Landscape?
Major companies operating in the pharmaceutical packaging equipment market include Robert Bosch GmbH, Thermo Fisher Scientific Inc., GEA Group AG, Korber AG, Coesia S.P.A., Industria Macchine Automatiche S.p.A., Associated Capsules Group of Companies, CCL Container Corp, Optima Packaging Group GmbH, Marchesini Group S.p.A., Uhlmann Pac-Systeme GmbH & Co, Tekni-Plex, Inc., Harro Hofliger Verpackungsmaschinen GmbH, Romaco Holding GmbH, Bausch + Strobel Maschinenfabrik Ilshofen GmbH + Co KG, IWK Verpackungstechnik GmbH, Phoenix Packaging Inc., N.k.p. Pharma Private Limited, ARPAC LLC, Aero Precision Corp, MG2 s.r.l., Vanguard Pharmaceutical Machinery LLC, Accutek Packaging Equipment Companies, Dara Pharmaceutical Packaging, Rommelag AG, Trustar Pharma & Packing Equipment Co Ltd., Multivac Sepp Haggenmuller GmbH & Co KG, Groninger & Co GmbH, Valois Industries Inc., Blister Packaging Holdings Ltd.
What Geographic Markets Are Powering Growth in the Pharmaceutical Packaging Equipment Market?
North America was the largest region in the pharmaceutical packaging equipment market in 2024. Asia-Pacific was the second-largest market in the pharmaceutical packaging equipment market. The regions covered in the pharmaceutical packaging equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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