U.S. Pharmaceutical Packaging Equipment Market Size & Outlook
U.S. pharmaceutical packaging equipment market, 2018-2030 (US$M)
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U.S. pharmaceutical packaging equipment market highlights
- The U.S. pharmaceutical packaging equipment market generated a revenue of USD 1,166.6 million in 2023 and is expected to reach USD 1,561.7 million by 2030.
- The U.S. market is expected to grow at a CAGR of 4.3% from 2024 to 2030.
- In terms of segment, filling was the largest revenue generating machine type in 2023.
- Cleaning 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 1,166.6 million |
| Market revenue in 2030 | USD 1,561.7 million |
| Growth rate | 4.3% (CAGR from 2023 to 2030) |
| Largest segment | Filling |
| Fastest growing segment | Cleaning |
| 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, U.S. accounted for 19.8% 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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U.S. 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 35.49% in 2024. Horizon Databook has segmented the U.S. 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.
Large healthcare system, high per capita income, and large investments in drug development in the country are some of the factors driving the U.S. pharmaceutical packaging market. Furthermore, growing importance of generic drugs and access to better healthcare services are anticipated to provide lucrative opportunities for pharmaceutical packaging market in the coming years.
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Target buyers of U.S. 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 U.S. pharmaceutical packaging equipment market , including forecasts for subscribers. This country databook contains high-level insights into U.S. pharmaceutical packaging equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. pharmaceutical packaging equipment market size, by machine type, 2018-2030 (US$M)
U.S. Pharmaceutical Packaging Equipment Market Outlook Share, 2024 & 2030 (US$M)
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