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Rising Aging Population Fuels Growth In The Pharmaceutical Drugs And Packaging Equipment Market: Powering Innovation and Expansion in the Pharmaceutical Packaging Equipment Market by 2025
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Is the Expected CAGR for the Pharmaceutical Packaging Equipment Market Through 2025?
The expansion of the pharmaceutical packaging equipment market has been substantial in the past few years. An increase from a market value of $12.03 billion in 2024 to $13.06 billion in 2025 is projected, exhibiting a compound annual growth rate (CAGR) of 8.6%. Factors such as advancements in automation, the enactment of serialization, the integration of track & trace, the adoption of smart packaging solutions, and the emphasis on green and sustainable packaging are responsible for the growth witnessed in the historic stage.
What's the Projected Size of the Global Pharmaceutical Packaging Equipment Market by 2029?
The market size for pharmaceutical packaging equipment is projected to experience swift expansion in the subsequent years. With a compound annual growth rate (CAGR) of 12.3%, it is anticipated to reach $20.78 billion in 2029. The anticipated growth in the specified period is attributed to factors such as focus on operational efficiency, the complexity of the pharmaceutical supply chain, the rise in sustainable packaging solutions, rapid expansion in the pharmaceutical sector, and regulatory compliance stipulations. Key trends for the forecast period include the incorporation of automation and robotics, advanced serialization and tracking, personalized medication packaging, flexible and modular packaging solutions, as well as green and sustainable packaging.
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Top Growth Drivers in the Pharmaceutical Packaging Equipment Industry: What's Accelerating the Market?
Anticipated growth in the number of older individuals is projected to escalate the incidence of diseases associated with aging, thereby stimulating the expansion of the pharmaceutical drugs and pharmaceutical packaging equipment sector. The elderly demographic is snowballing worldwide and is projected to sustain this growth throughout the forecast period. For example, a report by the Centers for Disease Control and Prevention (CDC) predicts that the number of people aged 65 and above in the USA will grow to roughly 71 million by 2030 and further increase to 98 million by 2060. Predictions for 2030 estimate that nearly half of the global Parkinson's disease patients will be in China, largely due to the nation's aging population. This anticipated rise in the elderly population suffering from ailments linked to aging is forecasted to propel the pharmaceutical packaging equipment market growth.
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What Are the Key Trends Driving Pharmaceutical Packaging Equipment Market Growth?
There is a growing trend of using automatic packaging machines in the pharmaceutical packaging equipment market. These machines autonomously provide packing materials and contents, while automating other parts of the packaging process. A case in point occurred in September 2022, when Ranpak, an American paper packaging firm, introduced its automated in-line packing machine, Cut'it! EVO, globally. The machine aims to boost packaging productivity, cut operational costs, and improve sustainability in client operations. It also provides additional advantages like enhanced sustainability and decreased shipping volume.
What Are the Main Segments in the Pharmaceutical Packaging Equipment Market?
The pharmaceutical packaging equipmentmarket 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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Which Top Companies are Driving Growth in the Pharmaceutical Packaging Equipment Market?
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.
Which Regions Will Dominate the Pharmaceutical Packaging Equipment Market Through 2029?
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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