Meticulous Research®—a leading global market research firm—has issued a detailed report titled, ‘Europe Pharmaceutical Processing & Packaging Equipment Market by Mode of Delivery (Oral, Parenteral, Topical), Secondary Packaging (Cartoning, Labeling, Serialization, Wrapping), and End-of-Line Packaging (Palletizing, Case Packaging) - Forecast to 2030.’ The report projects that the European pharmaceutical processing and packaging equipment market will reach $7.2 billion by 2030, with a CAGR of 3.6% from 2024 to 2030. This growth is driven by factors such as the expansion of the pharmaceutical industry, increasing demand for flexible manufacturing solutions, regulatory compliance, and the growing trend of pharmaceutical contract manufacturing.
The expansion of the pharmaceutical industry is a key driver for market growth. As demand for new and innovative drugs rises, there is an increasing need for advanced processing and packaging equipment. Companies are seeking equipment that can handle a variety of drug formulations and packaging types while meeting stringent regulatory standards.
Regulatory compliance is another major factor influencing the demand for pharmaceutical processing and packaging equipment. With regulations becoming more stringent, pharmaceutical companies must invest in equipment that ensures product safety and quality. This includes equipment for labeling, serialization, and other essential aspects of packaging.
The trend of contract manufacturing is also contributing to market growth. Pharmaceutical companies are increasingly outsourcing their manufacturing processes to specialized contract manufacturers, which drives demand for advanced processing and packaging equipment. This trend is expected to continue, further boosting the market for cutting-edge equipment solutions.
Despite the positive growth outlook, the market faces challenges such as the preference for refurbished equipment. While refurbished equipment may be more cost
-effective, it may not always meet the latest technological and regulatory standards, potentially limiting the growth of the market for new equipment
However, there are substantial opportunities for growth. New pharmaceutical manufacturing hubs and increased investments in R&D are creating opportunities for equipment manufacturers. Companies that innovate and adapt to changing market demands will be well-positioned to capitalize on these opportunities.
The report segments the market by drug delivery modes, secondary packaging, and end-of-line packaging. Oral formulations are expected to dominate in 2024 due to their extensive range and specific equipment needs. Cartoning equipment is projected to lead in secondary packaging, while case packaging equipment is forecasted to be the top performer in end-of-line packaging due to its efficient and integrated processing capabilities.
Geographic analysis includes major European markets such as Switzerland, France, Italy, Germany, the U.K., Ireland, Belgium, Denmark, Spain, and the Rest of Europe. Switzerland is expected to hold the largest market share in 2024, driven by its strong pharmaceutical export volume, high production capacity, and presence of key industry players.
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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