Meticulous Research®—a well-known global market research firm—has unveiled a detailed 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.’ The report projects that the European pharmaceutical processing and packaging equipment market will reach $7.2 billion by 2030, with a compound annual growth rate (CAGR) of 3.6% from 2024 to 2030.
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The growth of this market is driven by several factors. The expanding pharmaceutical sector in Europe is a major contributor, as there is a growing need for advanced processing and packaging solutions to manage the increasing volume and complexity of pharmaceutical products. Additionally, the demand for flexible manufacturing solutions is pushing the adoption of sophisticated equipment capable of handling various types of formulations and packaging requirements.
Compliance with stringent regulatory standards is another key driver of market growth. Pharmaceutical companies must meet numerous regulations related to product safety, quality, and labeling, which increases the demand for equipment that adheres to these regulatory requirements. As the industry faces heightened scrutiny, there is a continuous need for equipment that can ensure compliance and maintain product integrity.
The rise of contract manufacturing in the pharmaceutical industry is also contributing to the growth of the processing and packaging equipment market. Contract manufacturers need versatile and efficient equipment to accommodate a diverse range of products and adapt to changing production needs. This trend is expected to drive further investment in advanced processing and packaging technologies.
Despite the positive growth outlook, the market faces challenges such as the preference for refurbished equipment. Many pharmaceutical companies opt for refurbished machinery to reduce costs, which can impact the growth of the market for new equipment. Additionally, the rapidly evolving nature of the pharmaceutical industry and technological advancements pose challenges for equipment manufacturers to stay competitive.
Opportunities for market expansion exist in emerging pharmaceutical manufacturing regions, where increased investment in pharmaceutical RD is driving demand for advanced processing and packaging solutions. As new markets develop and research activities increase, there will be greater need for cutting-edge equipment to support these initiatives.
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 segments, oral formulations are expected to hold the largest market share in 2024 due to their extensive use and the diverse range of equipment required for processing and packaging.
In the secondary packaging segment, cartoning equipment is anticipated to dominate. Cartons are widely used for their cost-effectiveness and practicality, which drives the demand for cartoning solutions. In end-of-line packaging, case packaging equipment is projected to lead the market, with its role in streamlining the final stages of packaging through integrated systems that enhance efficiency.
Geographically, the report covers major European countries such as 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 due to its strong pharmaceutical industry, high production levels, and substantial export activities.
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In conclusion, the European pharmaceutical processing and packaging equipment market is set 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 market.
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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