Europe Glass Prefilled Syringes And Glass Vials Packaging Equipment Market Size, Share & Trends Analysis Report By Machine Type (Cleaning Machine, Filling Machine, Labeling Machine, Closing/Sealing Machine), By Region And Segment Forecasts, 2023 - 2030

Report Overview

The Europe glass prefilled syringes and glass vials packaging equipment market size was estimated at USD 202.9 million in 2022 and is anticipated to grow at a compounded annual growth rate (CAGR) of 5.5% from 2023 to 2030. The rising healthcare expenditure and the surging demand for drug delivery systems in Europe are the factors expected to fuel the growth of the market. This increasing popularity of these products is anticipated to augment the demand for their packaging equipment in the region, thereby fueling the growth of the market.

Moreover, many manufacturers are actively focusing on the development and modernization of production facilities and technology related to advanced drug delivery systems (ADDS) and glass pre-fillable syringes; such developments are expected to drive the demand for packaging equipment over the forecast period

The biologics and biosimilar market is experiencing significant global growth, and Germany is a major player in this sector. Biologics and biosimilars are complex drugs derived from living organisms, often requiring specialized packaging solutions to maintain their stability and efficacy.

Glass-prefilled syringes and glass vials are commonly used for their storage and administration. As the demand for biologics and biosimilars increases, there may be a corresponding rise in the need for glass prefilled syringes and glass vials packaging equipment designed specifically for these products, which is expected to drive market growth over the forecast period.

Machine Type Insights

The filling machine segment dominated the market in 2022 with a revenue share of 33.3%. Filling machines are packaging machines that measure products with some predefined values such as the level, volume, or mass of containers to fill them into glass prefilled syringes and glass vials. Depending on measurements, these machines are also used to fill bottled water and other liquids in containers.

The pharmaceutical industry in Europe makes considerable use of filling machines to fill vials with medicinal ingredients. These sturdy filling machines carry out the precise task of swiftly filling vials. Owing to the increasing production of pharmaceuticals and surging research and development spending related to new medicines in Europe, the filling machines segment of glass prefilled syringes & glass vials packaging equipment market in the region is anticipated to grow significantly over the forecast period.

The cleaning machine segment is expected to grow at a CAGR of 7.9% from 2023 to 2030. Cartridges, vials, syringes, and ampoules must undergo a critical manufacturing step before they can be safely filled and sealed. To get rid of product remnants and other outside impurities, containers are thoroughly cleaned. These factors fuel the adoption of cleaning machines.

Vial labeling machines include vial sticker labelers, which are easy to handle owing to their linear design and functions. They are utilized to label glass vials. These machines are based on a modern label dispensing mechanism controlled by microprocessors and label and product detection systems. A large number of automatic vial labelers are used in the production process owing to their distinctive single-point synchronized speed control. All these factors are anticipated to lead to a surged demand for labeling machines in Europe over the forecast period.

The others segment of the market includes wrapping, palletizing, cartooning, and form-fill-seal machines. Form-fill-seal machines form, fill, and seal a package on the same piece of packing equipment. The form-fill-seal machines used for prefilled syringes and vials are highly sophisticated and are equipped with computer interfaces and control networks. These machines are extensively adopted in the pharmaceuticals industry to manufacture prefilled syringes and glass vials owing to their high speed and versatility.

Regional Insights

Switzerland held a 19.1% share of the Europe glass prefilled syringes and glass vials packaging equipment market in 2022, owing to increasing emphasis on the improved use and management of prescription medications is driving the growth of the market in the country. Glass prefilled syringes and glass vials act as secure and tamper-evident packaging solutions for these restricted medications. Growing demand for glass prefilled syringes and glass vials is expected to drive the demand for glass prefilled syringes and glass vials packaging equipment over the forecast period.

France is anticipated to grow at a CAGR of 7.5% over the forecast period, owing to the increasing prevalence of chronic diseases, and the subsequent rise in pharmaceutical production is anticipated to augment the demand for glass prefilled syringes and glass vials packaging equipment.The pandemic contributed to the trend of health consciousness among people and further boosted healthcare expenditure. The rising healthcare expenditure is likely to have a positive impact on the demand for glass pre-filled syringes and glass vials, promoting the growth of the pharmaceutical packaging equipment market over the forecast period.

Key Companies & Market Share Insights

The key players adopt various strategies such as novel expansions of production facilities, additional investments in manufacturing facilities, product launches, and collaborations to maintain a competitive edge in the market. The companies also engage in market acquisitions, mergers, expansions, and product modification approaches to ensure market domination. For instance, In January 2023, a range of prefillable syringes (PFS) was manufactured at the Inject EZ plant in West Columbia, South Carolina, U.S. in partnership with Nephron Pharmaceuticals. This development aims at broadening the product line and manufacturing approach of the company by adding valuable prefillable syringes to its product portfolio to boost its revenue growth throughout 2023 and beyond. Some prominent players in the Europe glass prefilled syringes and glass vials packaging equipment market include:

• DWK Life Sciences

• Stevanato Group

• Sharps Technology, Inc.

• Becton, Dickinson and Company

• Schott Pharma AG and Co. KGaA

• Becton, Dickinson and Company

• SGD Pharma

• Schott Pharma AG and Co. KGaA

• West Pharmaceuticals

• Nipro Europe Group Companies

• Stevanato Group

Europe Glass Prefilled Syringes And Glass Vials Packaging Equipment Market Report Scope

Europe Glass Prefilled Syringes And Glass Vials Packaging Equipment Market Report Segmentation

This report forecasts revenue growth at regional and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the Europe glass prefilled syringes and glass vials packaging equipment market report based on machine type and region:

• Machine Type Outlook (Revenue, USD Million, 2018 - 2030)

  • Cleaning Machine

  • Filling Machine

  • Labeling Machine

  • Closing/Sealing Machine

  • Others

• Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • Europe

    • France

    • Germany

    • Italy

    • Switzerland

    • Spain