Press release
Pharmaceutical Processing and Packaging Equipment Market to Reach USD 30.8 Billion by 2031, Growing at 5.3% CAGR
According to this latest publication from Meticulous Research®, the pharmaceutical processing and packaging equipment market (Markt für pharmazeutische Verarbeitungs- und Verpackungsanlagen) is expected to reach $30.8 billion by 2031, at a CAGR of 5.3% during the forecast period. The growth of this market is driven by several factors, including the increasing prevalence of chronic and infectious diseases, rising demand for generic medicines, an aging population, and a growing need for biopharmaceuticals. Additionally, stringent regulations, the demand for more flexible manufacturing solutions, and a trend toward outsourcing manufacturing operations are contributing to market expansion. However, the growing acceptance of refurbished equipment may pose a limitation to this growth.
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Key Players:
Some of the major players studied in this report are 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).
Booming Demand for Advanced Pharmaceutical Processing Equipment:
One of the primary catalysts behind the upsurge in pharmaceutical processing equipment is the mounting prevalence of chronic diseases-cancer, heart disease, and chronic respiratory disorders account for 71% of all deaths globally, with cardiovascular conditions and cancer driving especially large numbers.
These health challenges have prompted pharmaceutical companies to accelerate production volumes, invest in cutting-edge research and development, and expand their manufacturing capacities, particularly in emerging economies such as China and India. Countries like Japan, Australia, Indonesia, and the Philippines are also seeing rising demand due to growing chronic illness rates and governmental initiatives to enhance healthcare systems.
Additionally, the rising geriatric population and growing demand for generic medicines are significant contributors to market growth. As more people require access to affordable drugs, pharmaceutical manufacturers are scaling up their facilities, increasingly turning to automated and flexible equipment that can accommodate fluctuating demand. Biopharmaceuticals and personalized medicine are shaping today's healthcare landscape, prompting companies to install equipment capable of handling tailored and small-batch production efficiently.
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Top Equipment Types Fueling Processing Market Growth:
The pharmaceutical processing and packaging equipment market is segmented into processing and packaging technologies. In 2024, the processing equipment category is projected to command a dominant 51.8% share of the global market. This strong position is attributed to the increasing adoption of capsule formulations for geriatric and pediatric populations, given their ease of consumption. Equipment capable of producing ultrafine drug particles-micron and sub-micron sizes-also sees rising demand for oral formulations and advanced delivery systems.
Processing equipment covers oral solid and liquid formulation machinery, parenteral and topical formulation lines, and specialized apparatus for personalized medicines. State-of-the-art capsule filling machines, granulators, tablet press machines, and fluid-bed dryers continue to be the backbone of pharmaceutical manufacturing facilities. Their integration is essential not only for large-scale production but also for flexible, small-batch runs as required by modern biopharma and orphan drug developers.
Competitive Landscape and Regional Growth Hotspots:
The 2024-2031 forecast places North America as the largest market, boasting a 35.9% share, driven by elevated healthcare spending, robust manufacturing initiatives, and expanded R&D efforts. Asia-Pacific, meanwhile, is set to register the highest CAGR of 6.2%, propelled by government policies, a large patient pool, and cost-effective manufacturing solutions. Market players from Germany, Italy, Japan, China, India, and the U.S. are leading innovators in equipment technology.
Key industry participants include ACIC Pharmaceuticals, Inc., Bausch+Ströbel, JECKSON VISION, Körber AG, Marchesini Group S.p.A., Syntegon Technology GmbH, Uhlmann Group Holding Gmbh & Co. KG, among others-demonstrating a truly global competitive mix.
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Key Questions Answered in the Report:
• Which are the high-growth market segments in terms of type and region/country?
• What was the historical market size for pharmaceutical processing & packaging equipment across the globe?
• What are the market forecasts and estimates for 2024-2031?
• What are the major drivers, restraints, opportunities, and challenges in the pharmaceutical processing & packaging equipment market?
Regional Reports:
South East Asia Pharmaceutical Processing & Packaging Equipment Market: https://www.meticulousresearch.com/product/south-east-asia-pharmaceutical-processing-and-packaging-equipment-market-5717
Europe Pharmaceutical Processing & Packaging Equipment Market: https://www.meticulousresearch.com/product/europe-pharmaceutical-processing-and-packaging-equipment-market-5548
Asia-Pacific Pharmaceutical Processing and Packaging Equipment Market: https://www.meticulousresearch.com/product/asia-pacific-pharmaceutical-processing-and-packaging-equipment-market-5614
About Us:
We are a trusted research partner for leading businesses worldwide, empowering Fortune 500 organizations and emerging enterprises with actionable market intelligence tailored to drive revenue transformation and strategic growth. Our insights reveal forward-looking revenue opportunities, providing our clients with a competitive edge through a diverse suite of research solutions-syndicated reports, custom research, and direct analyst engagement.
Each year, we conduct over 300 syndicated studies and manage 60+ consulting engagements across eight key industry sectors and 20+ geographic markets. With a focus on solving the complex challenges facing global business leaders, our research enables informed decision-making that propels sustainable growth and operational excellence. We are dedicated to delivering high-impact solutions that transform business performance and fuel innovation in the competitive global marketplace.
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