Global Pharmaceutical Packaging Equipment Market Size & Outlook
Global pharmaceutical packaging equipment market, 2018-2030 (US$M)
Related Markets
Global pharmaceutical packaging equipment market highlights
- The global pharmaceutical packaging equipment market generated a revenue of USD 5,905.1 million in 2023 and is expected to reach USD 8,694.3 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 5.7% by 2030.
- In terms of segment, filling accounted for a revenue of USD 2,104.2 million in 2023.
- Wrapping is the most lucrative machine type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, Russia is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 5,905.1 million |
| Market revenue in 2030 | USD 8,694.3 million |
| Growth rate | 5.7% (CAGR from 2023 to 2030) |
| Largest segment | Filling |
| Fastest growing segment | Wrapping |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Filling, Labelling, Form Fill & Seal, Cartoning, Wrapping, Palletizing, Cleaning, Other Machine Type |
Other key industry trends
- In terms of revenue, the North America accounted for 23.9% of the global pharmaceutical packaging equipment market in 2023.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Russia is the fastest growing regional market and is projected to reach USD 184.9 million by 2030.
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Pharmaceutical Packaging Equipment Market Scope
Pharmaceutical Packaging Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global pharmaceutical packaging equipment market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to pharmaceutical packaging equipment market will help companies and investors design strategic landscapes.
Filling was the largest segment with a revenue share of 35.63% in 2024. Horizon Databook has segmented the Global pharmaceutical packaging equipment market based on filling, labelling, form fill & seal, cartoning, wrapping, palletizing, cleaning, other machine type covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Pharmaceutical Packaging Equipment Machine Type Outlook (Revenue, USD Million, 2018-2030)
- Filling
- Labelling
- Form Fill & Seal
- Cartoning
- Wrapping
- Palletizing
- Cleaning
- Other
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Target buyers of Global pharmaceutical packaging equipment market databook
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Our clientele includes a mix of pharmaceutical packaging equipment market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global pharmaceutical packaging equipment market , including forecasts for subscribers. This global databook contains high-level insights into Global pharmaceutical packaging equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global pharmaceutical packaging equipment market size, by regions, 2018-2030 (US$M)
Top 10 countries: Pharmaceutical packaging equipment market size, 2024 (US$M)
Global pharmaceutical packaging equipment market share, by machine type, 2024 & 2030 (%, US$M)
Pharmaceutical packaging equipment market: Opportunity assessment by country
Global pharmaceutical packaging equipment market, by region, 2024 (US$M)
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