Meticulous Research®—a leading provider of global market research insights—has published a new report titled ‘Europe Pharmaceutical Processing & Packaging Equipment Market by Mode of Delivery (Oral, Parenteral, Topical), Secondary Packaging (Cartoning, Labelling, Serialization, Wrapping), and End-of-Line Packaging (Palletizing, Case Packaging) - Forecast to 2030.’ According to this report, the European pharmaceutical processing and packaging equipment market is expected to reach $7.2 billion by 2030, growing at a CAGR of 3.6% from 2024 to 2030.
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Several factors are driving this market's growth. The expansion of the pharmaceutical industry in Europe is a major contributor, with a rising demand for advanced processing and packaging solutions to accommodate the growing volume and complexity of pharmaceutical products. The shift towards flexible manufacturing is also fueling the adoption of innovative equipment capable of handling various drug formulations and packaging requirements.
Compliance with rigorous regulatory standards is another significant factor influencing market growth. Pharmaceutical companies are required to meet stringent regulations regarding product safety, quality, and labeling, which increases the need for equipment that complies with these standards. As the industry faces increasing regulatory scrutiny, the demand for compliant equipment remains strong.
Contract manufacturing is also playing a role in the growth of the pharmaceutical processing and packaging equipment market. Contract manufacturers require versatile and efficient equipment to manage a diverse range of products and adapt to varying production needs. This trend is expected to drive further investments in advanced processing and packaging technologies.
However, the market faces challenges, such as the preference for refurbished equipment. Many companies opt for refurbished machinery to save costs, which can limit the growth of the market for new processing and packaging equipment. Additionally, the rapidly evolving nature of the pharmaceutical industry and technological advancements present challenges for equipment manufacturers to keep pace with innovation.
Emerging pharmaceutical manufacturing regions and increased investment in pharmaceutical R&D offer opportunities for market growth. As new markets develop and research activities expand, there will be greater demand for advanced equipment to support these initiatives.
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The report segments the European pharmaceutical processing and packaging equipment market by mode of drug delivery, secondary packaging, and end-of-line packaging. Among these, oral formulations are expected to dominate the market in 2024, driven by their widespread use and the diverse range of equipment required for processing and packaging.
In the secondary packaging segment, cartoning equipment is projected to hold the largest share. Cartons are favored for their cost-effectiveness and practicality in handling pharmaceutical products, which drives demand for cartoning solutions. In the end-of-line packaging segment, case packaging equipment is anticipated to lead the market, with its role in streamlining the final stages of packaging through integrated systems that enhance efficiency.
Geographically, the report covers key European countries including Switzerland, France, Italy, Germany, the U.K., Ireland, Belgium, Denmark, Spain, and the Rest of Europe. Switzerland is expected to have the largest market share in 2024, supported by its strong pharmaceutical sector, significant production levels, and substantial export activities.
In summary, the European pharmaceutical processing and packaging equipment market is poised for steady growth, driven by increasing pharmaceutical production, regulatory requirements, and the rise of contract manufacturing. Addressing challenges related to refurbished equipment and adapting to evolving market demands will be essential for stakeholders in this sector.
Key Players
The key players operating in the Europe pharmaceutical processing & packaging equipment market are Bausch+Ströbel (Germany), Korber AG (Germany), KORSCH AG (Germany), M.A.R. S.p.A. Macchine Automatiche Riempitrici (Italy), MAQUINARIA INDUSTRIAL DARA, SL (Spain), Marchesini Group S.p.A. (Italy), OPTIMA packaging group GmbH (Germany), Syntegon Technology GmbH (Germany), ANTARES VISION S.p.A. (Italy), BREVETTI CEA S.P.A. (Italy), CAM Packaging IT (Italy), Coesia S.p.A. (Italy), Fette Compacting (Germany), GEA GROUP (Germany), Glatt GmbH (Germany), LINXIS GROUP (France), Harro Höfliger Verpackungsmaschinen GmbH (Germany), I.M.A INDUSTRIA MACCHINE AUTOMATICHE S.P.A. (Italy), Uhlmann PacSysteme GmbH & Co. KG (Germany), and Tecnomaco Italia SRL (Italy).
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Key questions answered in the report-
Which are the high-growth market segments in terms of mode of delivery and geography?
What was the historical market for Europe pharmaceutical processing & packaging equipment across the globe?
What are the market forecasts and estimates for the period 2024–2030?
What are the major drivers, restraints, opportunities, and challenges in the Europe pharmaceutical processing & packaging equipment market?
Who are the major players in the Europe pharmaceutical processing & packaging equipment market?
What is the competitive landscape, and who are the market leaders in the Europe pharmaceutical processing & packaging equipment market?
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