Mexico Pharmaceutical Packaging Equipment Market Size & Outlook
Mexico pharmaceutical packaging equipment market, 2018-2030 (US$M)
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Mexico pharmaceutical packaging equipment market highlights
- The Mexico pharmaceutical packaging equipment market generated a revenue of USD 117.8 million in 2023 and is expected to reach USD 162.5 million by 2030.
- The Mexico market is expected to grow at a CAGR of 4.7% from 2024 to 2030.
- In terms of segment, filling was the largest revenue generating machine type in 2023.
- Wrapping is the most lucrative machine type segment registering the fastest growth during the forecast period.
Pharmaceutical packaging equipment market data book summary
| Market revenue in 2023 | USD 117.8 million |
| Market revenue in 2030 | USD 162.5 million |
| Growth rate | 4.7% (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 |
Other key industry trends
- In terms of revenue, Mexico accounted for 2.0% of the global pharmaceutical packaging equipment market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. pharmaceutical packaging equipment market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 162.5 million by 2030.
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Pharmaceutical Packaging Equipment Market Scope
Pharmaceutical Packaging Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico 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 35.48% in 2023. Horizon Databook has segmented the Mexico 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.
Mexico has become an attractive destination for investment in pharmaceutical industry due to its large market and the improved legal framework that protects intellectual property and opens new business niches such as generic drugs and biopharmaceuticals.
This is likely to benefit the pharmaceutical packaging market in the country.
Reasons to subscribe to Mexico pharmaceutical packaging equipment market databook:
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Mexico 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 country-level data and insights on the Mexico pharmaceutical packaging equipment market , including forecasts for subscribers. This country databook contains high-level insights into Mexico pharmaceutical packaging equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico pharmaceutical packaging equipment market size, by machine type, 2018-2030 (US$M)
Mexico Pharmaceutical Packaging Equipment Market Outlook Share, 2023 & 2030 (US$M)
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