Market revenue in 2023 | USD 985.2 million |
Market revenue in 2030 | USD 1,596.3 million |
Growth rate | 7.1% (CAGR from 2023 to 2030) |
Largest segment | Filling |
Fastest growing segment | Wrapping |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Filling, Labelling, Form Fill & Seal, Cartoning, Wrapping, Palletizing, Cleaning, Other Machine Type |
Key market players worldwide | Robert Bosch Engineering & Business Solutions, Korber AG, Bausch & Lomb Corp, ACG World, Romaco Group, Marchesini Group, IMA Group, Uhlmann Pac-Systeme, Accutek Packaging Equipment Inc., Bausch+Stroebel, Coesia, Vanguard Pharmacy, MULTIVAC, Brevetti-CEA |
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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 35.71% in 2023. Horizon Databook has segmented the China 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.
Pharmaceutical packaging is evolving rapidly as value addition and shelf life enhancer for various drugs in the country. Pharmaceutical packaging industry in China is expected to observe growth over the forecast period owing to increasing government initiatives such as Healthy China 2020, growing contract-manufacturing activities, and burgeoning aging population.
Horizon Databook provides a detailed overview of country-level data and insights on the China pharmaceutical packaging equipment market , including forecasts for subscribers. This country databook contains high-level insights into China pharmaceutical packaging equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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