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 2023. 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 Machine Type
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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.
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Global pharmaceutical packaging equipment market statistics, by region, 2018-2030 (US$M)
Top 10 countries: Pharmaceutical packaging equipment market size, 2023 (USD Million)
Top 10 countries: Pharmaceutical packaging equipment market size, 2023 (USD Million)
Global pharmaceutical packaging equipment market, by region, 2023 (US$M)
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