Pharmaceutical Packaging Equipment Market

Pharmaceutical Packaging Equipment Market by Product (Aseptic Packaging, Sachet, Carton, Case Packer, Wrapping Machine, Palletizing, Labeling & Serializing), Type (Syrup, Drops, Tablets, Powder, Aerosol), Automation, End User & Region - Global Forecast to 2028

Report Code: PH 2224 Oct, 2023, by marketsandmarkets.com

The global pharmaceutical packaging equipment market in terms of revenue was estimated to be worth $8.9 billion in 2023 and is poised to reach $12.4 billion by 2028, growing at a CAGR of 7.0% from 2023 to 2028. The new research study consists of an industry trend analysis of the market. The new research study consists of industry trends, pricing analysis, patent analysis, conference and webinar materials, key stakeholders, and buying behaviour in the market. The generic and biopharmaceutical markets' rapid expansion, the rise in OTC drug sales, the increasing demand for flexible and integrated packaging equipment, the expansion of the pharmaceutical industry's offshore manufacturing, the implementation of regulatory standards for packaging, and strict laws against counterfeiting are all factors driving the growth of the global market for pharmaceutical packaging equipment. However, issues including the use of reconditioned packing equipment and the high price of packaging equipment are anticipated to limit market growth to some amount over the forecast period.

Attractive Opportunities in the Pharmaceutical Packaging Equipment Market

Pharmaceutical Packaging Equipment Market

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Pharmaceutical Packaging Equipment Market

Pharmaceutical Packaging Equipment Market Dynamics

Driver: Increase in offshore pharmaceutical manufacturing

Global pharmaceutical sales are anticipated to exceed USD 1.4 trillion by 2026, according to a survey. It is anticipated that new markets outside of North America and Europe would considerably contribute to this expansion. This is motivating pharmaceutical companies to relocate their manufacturing facilities in new areas with rapid economic growth. By doing this, manufacturers can profit from low-cost manufacturing as well as a number of financial advantages, including as favorable tax rates and lax manufacturing regulations. Additionally, pharmaceutical producers benefit from offshore manufacturing by having improved patient input, enhanced distribution to local healthcare markets, and enhanced ability to satisfy local criteria.

The most sought-after regions for the low cost manufacturing of pharmaceutical items are those in the Asia Pacific region with high growth markets, such as India and China. South Africa, Germany, Brazil, Russia, Nigeria, and South Africa are among the other significant locations. In the near future, about two-thirds of top pharmaceutical manufacturers anticipate an increase in FDA-approved pharmaceutical manufacturing facilities in high growth emerging markets throughout the Asia Pacific and Latin America. This is according to a survey conducted by the association for packaging and Processing Technologies (PMMI).

Restraint: Growing preference for refurbished equipment

As time is a consideration, refurbished machinery is a practical substitute for new instruments for manufacturers. This is especially true in low-cost manufacturing areas around the Asia Pacific, where regulatory standards are very lax. Refurbished equipment can reduce capital expenditures needed to set up a new manufacturing line by saving between 40 and 50 percent of the costs associated with buying new machinery. Additionally, manufacturers can get updated or renewed versions of their current items, obviating the need to buy a new one.

Opportunity: Increasing pharmaceutical R&D investments

Pharmaceutical sales have increased as a result of an aging population, an increase in chronic illnesses, and an increase in infectious infections. Pharmaceutical manufacturers are conducting more research and clinical trials, which is helping to improve productivity in the drug manufacturing sector. The expansion of medication production has been influenced by the expanding global demand for drugs. As a result, the industry has been driven by an increase in drug manufacturing and packaging.

The COVID-19 pandemic outbreak has heightened pharmaceutical and biopharmaceutical companies' attention to the development of efficient medicines and vaccines against viral illnesses. Establishing efficient workflows and processes to decrease the time and costs associated with medication and vaccine development has become more important in this situation. This, in turn, is favoring the growth of the pharmaceutical packaging equipment market

Challenge: Growth in personalized and precision medicine supply chain

Precision and personalized medicine have significantly changed the medical alternatives available to patients, creating new commercial prospects for the life sciences sector. Sensitive cancer and psychiatric drugs can now be made available for wider distribution and new markets thanks to artificial intelligence (AI) and machine learning (ML) technologies. Pharmaceutical production is typically carried out in 1000L vessels in huge batches with large volumes, which is a rather straightforward process. These new personalised medicines simply cannot be produced on the scale, with the speed, dependability, and traceability that are crucial for therapeutic efficacy and safety. These therapies are frequently exponentially more complex than traditional pharmaceuticals.   Complex process controls are among the issues with continuous manufacturing. To respond appropriately to changes in one production variable while the system is still in operation, decision-makers must be able to see all production variables as an integrated and interdependent system. The company's quality assurance procedure will also change as a result of this. Therefore, the development of this market over the projection period is likely to be constrained by complex packaging and risk associated with shipping, time, and temperature maintenance for the packaging industry.

Pharmaceutical Packaging Equipment Market Ecosystem

Pharmaceutical Packaging Equipment Market Ecosystem

The labeling and serialization equipment holds the largest CAGR in pharmaceutical packaging equipment industry by product, in the forecast period

The labelling and serialization equipment segment accounted for the largest CAGR of the pharmaceutical packaging equipment market. Since pharmaceutical & biopharmaceutical products help to maintain and restore the health of humans and other living organisms, pharmaceutical drug safety is subject to several regulatory guidelines with strict quality requirements and standards imposed by respective government bodies. Considering these requirements, pharmaceutical products need to be processed and packaged in a completely sterile environment. These factors are supporting the growth of this segment.

Asia Pacific accounted for the largest CAGR of the global Pharmaceutical packaging equipment industry, by region in the forecast period.

Growth in the Asia Pacific market accounted for the largest CAGR of the global Pharmaceutical packaging equipment market., by region in the forecast period. A number of factors, such as the growing Asian scientific base and capability, growth in the Asian pharmaceutical markets & pharmaceutical manufacturing capabilities, large patient pool, growing requirement for brand enhancement, differentiation in this highly competitive market, growing need for the development of new packaging materials, increasing awareness among customers, and the growing adoption of new regulatory guidelines are contributing to the growth of the pharmaceutical packaging equipment market in the APAC region.

Pharmaceutical Packaging Equipment Market by Region

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Key players in the Pharmaceutical packaging equipment Market: Syntegon Technology GmbH (Germany), Vanguard Pharmaceutical Machinery, Inc. (US), OPTIMA Packaging Group (Germany), ACG Worldwide (India), Trustar Pharma Pack Equipment, Co. Ltd. (China), MG2 s.r.l. (Italy), Busch Machinery (US), Inline Filling Systems (US), Duke Technologies (India), ARPAC LLC (US), ACIC Pharmaceuticals Inc. (Canada), Harro Höfliger Verpackungsmaschinen GmbH (Germany), IMA S.p.A. (Italy), Körber AG (Germany), Coesia S.p.A (Italy), Marchesini Group S.p.A (Italy), Bausch+Ströbel Maschinefabrik Ilshofen GmbH+Co. KG (Germany), Romaco Group (Germany), Uhlmann Group (Germany), Maquinaria Industries Dara, SL (US), MULTIVAC Group (Germany), Accutek Pharmaceutical Equipment Companies, Inc. (US), AST, Inc. (US), Trucking Technology Limited (China), and NJM Packaging (US).

Scope of the Pharmaceutical Packaging Equipment Industry:

Report Metric

Details

Market Revenue in 2023

$8.9 billion

Estimated Value by 2028

$12.4 billion

Revenue Rate

Poised to grow at a CAGR of 7.0%

Market Driver

Increase in offshore pharmaceutical manufacturing

Market Opportunity

Increasing pharmaceutical R&D investments

The research report categorizes the pharmaceutical packaging equipment market to forecast revenue and analyze trends in each of the following submarkets:

By Product

  • Primary packaging equipment
  • Secondary packaging equipment
  • Labeling and serialization equipment

By Formulation

  • Liquid packaging equipment
  • Solid packaging equipment
  • Semi-solid packaging equipment
  • Other Product packaging equipment

By Automation

  • Automatic
  • Sem-Automatic
  • Manual

By End User

  • Pharmaceutical Contract Manufacturing Companies
  • Pharmaceutical Manufacturing Companies

By Region

  • North America North America
    • US
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific (RoAPAC)
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America (ROLATM)
  • Middle East & Africa

Recent Developments of Pharmaceutical Packaging Equipment Industry

  • In July 2023, Industria Macchine Automatiche S.P.A. (Italy) acquired Phoenix Italia S.r.l. (Milano). IMA completed the acquisition of 60% of Phoenix Italia S.r.l. and 100% of its subsidiary Phoenix Tech S.r.l., both companies based in Bareggio (Milano), from its sole shareholder Phoenix Group Holding S.r.l..
  • In July 2023, IMA completed the purchase of 70% of Mespic S.r.l., and 100% of its Illinois-based subsidiary Mespic North America Corporation, from its sole shareholder Holding FGLG S.r.l..
  • In August 2022, SEA Vision Group and Marchesini Group launched the following solutions: the INTEGRA 720V complete robotized blister line, the BL-A525 CW high-speed labeler, and the complete Track & Trace software solution developed by SEA Vision. This is a solution for primary pack serialization and aggregation, comprising a complete range of technologies to print, inspect and pack serialized blisters and perform aggregation with cartons, all integrated in a 4.0 environment.
  • In July 2021. Syntegon Technology GmbH (Germany) and Huhtamaki Group (Finland) collaborated. This collaboration led to the paper-based tablet packaging solution for the pharmaceutical and healthcare industries.
  • In March 2021, Syntegon expanded portfolio for the production of parenteral pharmaceuticals. The company has launched the new SVP Essential, a cost-efficient version of its proven Pharmatec SVP process systems for the production of small-volume liquid pharmaceuticals.

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TABLE OF CONTENTS
 
1 INTRODUCTION (Page No. - 46)
    1.1 STUDY OBJECTIVES 
    1.2 MARKET DEFINITION 
    1.3 INCLUSIONS & EXCLUSIONS 
    1.4 MARKET SCOPE 
           1.4.1 MARKETS COVERED
           1.4.2 REGIONS COVERED
           1.4.3 YEARS CONSIDERED
    1.5 CURRENCY CONSIDERED 
          TABLE 1 STANDARD CURRENCY CONVERSION RATES (2018–2022)
    1.6 STAKEHOLDERS 
    1.7 SUMMARY OF CHANGES 
           1.7.1 IMPACT OF RECESSION: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET
 
2 RESEARCH METHODOLOGY (Page No. - 52)
    2.1 RESEARCH DATA 
          FIGURE 1 RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    FIGURE 2 PRIMARY SOURCES
                    2.1.2.1 Key data from primary sources
                    2.1.2.2 Key industry insights
                                FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: SUPPLY-SIDE AND DEMAND-SIDE PARTICIPANTS
                                FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS (SUPPLY-SIDE): BY COMPANY TYPE, DESIGNATION, AND REGION
                                FIGURE 5 BREAKDOWN OF PRIMARY INTERVIEWS (DEMAND-SIDE): BY END USER, DESIGNATION, AND REGION
    2.2 MARKET SIZE ESTIMATION 
          FIGURE 6 SUPPLY-SIDE MARKET SIZE ESTIMATION: REVENUE SHARE ANALYSIS
          FIGURE 7 REVENUE SHARE ANALYSIS ILLUSTRATION: INDUSTRIA MACCHINE AUTOMATICHE S.P.A
          FIGURE 8 SUPPLY-SIDE MARKET SIZE ESTIMATION: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET (2022)
          FIGURE 9 BOTTOM-UP APPROACH: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET
          FIGURE 10 SUMMATION OF ALL SOURCES, BY REGION, 2022
          FIGURE 11 TOP-DOWN APPROACH
          FIGURE 12 CAGR PROJECTIONS FROM ANALYSIS OF DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES (2023–2028)
          FIGURE 13 CAGR PROJECTIONS: SUPPLY-SIDE ANALYSIS
    2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 
          FIGURE 14 DATA TRIANGULATION METHODOLOGY
    2.4 MARKET SHARE ESTIMATION 
    2.5 STUDY ASSUMPTIONS 
    2.6 RESEARCH LIMITATIONS 
           2.6.1 SCOPE-RELATED LIMITATIONS
           2.6.2 METHODOLOGY-RELATED LIMITATIONS
    2.7 RISK ASSESSMENT 
          TABLE 2 RISK ASSESSMENT: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET
    2.8 IMPACT OF RECESSION ON PHARMACEUTICAL PACKAGING EQUIPMENT MARKET 
 
3 EXECUTIVE SUMMARY (Page No. - 70)
    FIGURE 15 PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY PRODUCT, 2023 VS. 2028 (USD MILLION)
    FIGURE 16 PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY FORMULATION, 2023 VS. 2028 (USD MILLION)
    FIGURE 17 REGIONAL SNAPSHOT OF PHARMACEUTICAL PACKAGING EQUIPMENT MARKET
 
4 PREMIUM INSIGHTS (Page No. - 73)
    4.1 PHARMACEUTICAL PACKAGING EQUIPMENT MARKET OVERVIEW 
          FIGURE 18 RISING NEED FOR FLEXIBLE AND INTEGRATED PACKAGING EQUIPMENT TO DRIVE MARKET
    4.2 ASIA PACIFIC: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY PRODUCT AND COUNTRY, 2022 
          FIGURE 19 PRIMARY PACKAGING EQUIPMENT AND CHINA ACCOUNTED FOR LARGEST SHARE OF ASIA PACIFIC MARKET IN 2022
    4.3 GEOGRAPHICAL GROWTH OPPORTUNITIES: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, 2023–2028 
          FIGURE 20 CHINA TO REGISTER HIGHEST GROWTH RATE DURING FORECAST PERIOD
    4.4 REGIONAL MIX: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, 2021–2028 
          FIGURE 21 EUROPE TO COMMAND LARGEST SHARE IN PHARMACEUTICAL PACKAGING EQUIPMENT MARKET DURING STUDY PERIOD
    4.5 DEVELOPED VS. EMERGING ECONOMIES: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET 
          FIGURE 22 EMERGING ECONOMIES TO REGISTER HIGHER GROWTH DURING FORECAST PERIOD
 
5 MARKET OVERVIEW (Page No. - 78)
    5.1 INTRODUCTION 
    5.2 MARKET DYNAMICS 
          FIGURE 23 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET
           5.2.1 DRIVERS
                    5.2.1.1 High growth in generic and biopharmaceutical drugs market
                                FIGURE 24 SALES OF GENERIC DRUGS GLOBALLY, 2012–2022 (USD BILLION)
                                FIGURE 25 GLOBAL PHARMACEUTICALS MARKET, 2012–2022 (USD BILLION)
                                TABLE 3 LIST OF OFF-PATENT DRUGS
                    5.2.1.2 Growing need for flexible and integrated packaging equipment
                    5.2.1.3 Increase in offshore pharmaceutical manufacturing
                                FIGURE 26 PHARMACEUTICAL IMPORTS AND EXPORTS, BY COUNTRY, 2022 (USD BILLION)
                    5.2.1.4 Growing contract manufacturing of pharmaceutical products
                    5.2.1.5 Stringent norms against counterfeit products
                                TABLE 4 KEY REGULATIONS AND STANDARDS GOVERNING PHARMACEUTICAL PACKAGING EQUIPMENT
                    5.2.1.6 Innovation in pharmaceutical packaging and delivery systems
                    5.2.1.7 Stricter packaging regulations for OTC products
                                FIGURE 27 GLOBAL OTC PHARMACEUTICALS MARKET SIZE, 2020 (USD BILLION)
           5.2.2 RESTRAINTS
                    5.2.2.1 Growing preference for refurbished equipment
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Growth of pharmaceutical manufacturing in emerging economies
                    5.2.3.2 Rising demand for automated packaging
                    5.2.3.3 Greater emphasis on self-medication and home care
                    5.2.3.4 Increasing pharmaceutical R&D investments
                                FIGURE 28 WORLDWIDE TOTAL PHARMACEUTICAL R&D EXPENDITURE, 2018–2028
                                FIGURE 29 NUMBER OF REGISTERED STUDIES, 2010–2023 (AS OF MAY 29, 2023)
                                FIGURE 30 NUMBER OF PIPELINE DRUGS, BY COMPANY, 2023
           5.2.4 CHALLENGES
                    5.2.4.1 Growth in personalized and precision medicine supply chains
                    5.2.4.2 Uncertainties in regulations and standards of pharmaceutical packaging process
    5.3 INDUSTRY TRENDS 
           5.3.1 PACE AND DISRUPTIVENESS OF CHANGE TO ACCELERATE IN THREE ERAS OF PACKAGING
                    TABLE 5 EXAMPLES OF CHANGES, BY ERA WITHIN SECTORS
    5.4 END USER PERSPECTIVE AND UNMET NEEDS 
          FIGURE 31 END USER PERSPECTIVE AND UNMET NEEDS IN PHARMACEUTICAL PACKAGING EQUIPMENT MARKET
           5.4.1 DEVELOPMENT OF PRODUCTION LINES FOR SMALL BATCH SIZES AND RESEARCH PURPOSES
           5.4.2 AUTOMATION AND INTEGRATION OF PACKAGING EQUIPMENT
           5.4.3 GROWING FOCUS ON LABELING AND SERIALIZATION FOR ANTI-COUNTERFEITING OF DRUGS
           5.4.4 GROWING DEMAND FOR ASEPTIC FILLING AND SEALING EQUIPMENT
    5.5 TECHNOLOGY ANALYSIS 
          FIGURE 32 TECHNOLOGY ANALYSIS
    5.6 PRICING ANALYSIS 
          TABLE 6 AVERAGE SELLING PRICE (USD): PRIMARY PACKAGING EQUIPMENT
          TABLE 7 AVERAGE SELLING PRICE (USD): SECONDARY PACKAGING EQUIPMENT
          TABLE 8 AVERAGE SELLING PRICE (USD): LABELING AND SERIALIZATION EQUIPMENT
    5.7 SUPPLY CHAIN ANALYSIS 
          FIGURE 33 SUPPLY CHAIN ANALYSIS
    5.8 VALUE CHAIN ANALYSIS 
          FIGURE 34 VALUE CHAIN ANALYSIS
    5.9 ECOSYSTEM MARKET MAP 
          FIGURE 35 ECOSYSTEM MARKET MAP
    5.10 PORTER’S FIVE FORCES ANALYSIS 
           TABLE 9 PORTER’S FIVE FORCES ANALYSIS
           5.10.1 THREAT OF NEW ENTRANTS
           5.10.2 INTENSITY OF COMPETITIVE RIVALRY
           5.10.3 BARGAINING POWER OF BUYERS
           5.10.4 BARGAINING POWER OF SUPPLIERS
           5.10.5 THREAT OF SUBSTITUTES
    5.11 REGULATORY ANALYSIS 
           5.11.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                     TABLE 10 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                     TABLE 11 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                     TABLE 12 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                     TABLE 13 REST OF THE WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
           5.11.2 REGULATORY ANALYSIS
                    5.11.2.1 North America
                               5.11.2.1.1 US
                               5.11.2.1.2 Canada
                    5.11.2.2 Europe
                    5.11.2.3 Asia Pacific
                               5.11.2.3.1 Japan
                               5.11.2.3.2 China
                               5.11.2.3.3 India
                    5.11.2.4 Latin America
                               5.11.2.4.1 Brazil
                                               FIGURE 36 BRAZIL: REGULATORY PROCESS FOR PHARMACEUTICAL PACKAGING EQUIPMENT
    5.12 KEY CONFERENCES & EVENTS IN 2023–2024 
           TABLE 14 LIST OF KEY CONFERENCES & EVENTS IN 2023–2024
    5.13 TRENDS/DISRUPTION IMPACTING CUSTOMERS’ BUSINESSES 
           FIGURE 37 TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS
    5.14 PATENT ANALYSIS 
           5.14.1 PATENT PUBLICATION TRENDS FOR PHARMACEUTICAL PACKAGING EQUIPMENT
                     FIGURE 38 GLOBAL PATENT PUBLICATION TRENDS IN PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, 2013–2023
           5.14.2 INSIGHTS: JURISDICTION AND TOP APPLICANT ANALYSIS
                     FIGURE 39 TOP APPLICANTS AND OWNERS (COMPANIES/INSTITUTIONS) FOR PHARMACEUTICAL PACKAGING EQUIPMENT PATENTS (JANUARY 2013–SEPTEMBER 2023)
           5.14.3 JURISDICTION ANALYSIS: TOP APPLICANTS (COUNTRIES) FOR PATENTS IN PHARMACEUTICAL PACKAGING EQUIPMENT MARKET
                     FIGURE 40 JURISDICTION ANALYSIS: TOP APPLICANT COUNTRIES FOR PHARMACEUTICAL PACKAGING EQUIPMENT PATENTS, 2013–2023
    5.15 TRADE ANALYSIS 
           TABLE 15 PHARMACEUTICAL PACKAGING EQUIPMENT EXPORT AND IMPORT DATA, BY COUNTRY
    5.16 CASE STUDY ANALYSIS 
           FIGURE 41 CASE STUDY: SECURITY PACKAGING UPGRADES FOR PHARMACEUTICAL
           5.16.1 QUALITATIVE INSIGHT BASED ON MACHINE SPEED
                    5.16.1.1 Sachet packaging equipment
                    5.16.1.2 Blister packaging equipment
                    5.16.1.3 Cartoning equipment
    5.17 KEY STAKEHOLDERS AND BUYING CRITERIA 
           5.17.1 KEY STAKEHOLDERS IN BUYING PROCESS
                     FIGURE 42 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS IN PHARMACEUTICAL PACKAGING EQUIPMENT MARKET
                     TABLE 16 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS IN PHARMACEUTICAL PACKAGING EQUIPMENT MARKET
           5.17.2 BUYING CRITERIA
                     FIGURE 43 KEY BUYING CRITERIA IN PHARMACEUTICAL PACKAGING EQUIPMENT MARKET
                     TABLE 17 KEY BUYING CRITERIA IN PHARMACEUTICAL PACKAGING EQUIPMENT MARKET
 
6 PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY PRODUCT (Page No. - 118)
    6.1 INTRODUCTION 
          TABLE 18 PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY PRODUCT, 2021–2028 (USD MILLION)
    6.2 PRIMARY PACKAGING EQUIPMENT 
          TABLE 19 PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR PRIMARY PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
          TABLE 20 PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR PRIMARY PACKAGING EQUIPMENT MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
           6.2.1 ASEPTIC FILLING AND SEALING EQUIPMENT
                    6.2.1.1 Technological advancements and better automation to drive segment
                                TABLE 21 EXAMPLES OF ASEPTIC FILLING AND SEALING EQUIPMENT
                                TABLE 22 ASEPTIC FILLING AND SEALING EQUIPMENT MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
           6.2.2 BOTTLE FILLING AND CAPPING EQUIPMENT
                    6.2.2.1 Higher adoption of plastic bottles in pharmaceutical packaging to drive segment
                                TABLE 23 EXAMPLES OF BOTTLE FILLING AND CAPPING EQUIPMENT
                                TABLE 24 BOTTLE FILLING AND CAPPING EQUIPMENT MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
           6.2.3 BLISTER PACKAGING EQUIPMENT
                    6.2.3.1 Adaptability of blister packs in unit dose format with expanded label content to drive segment
                                TABLE 25 EXAMPLES OF BLISTER PACKAGING EQUIPMENT
                                TABLE 26 BLISTER PACKAGING EQUIPMENT MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
           6.2.4 SOFT-TUBE FILLING AND SEALING EQUIPMENT
                    6.2.4.1 Better prepackaging and higher demand for OTC pain relief ointments to drive segment
                                TABLE 27 EXAMPLES OF SOFT-TUBE FILLING AND SEALING EQUIPMENT
                                TABLE 28 SOFT-TUBE FILLING AND SEALING EQUIPMENT MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
           6.2.5 SACHET PACKAGING EQUIPMENT
                    6.2.5.1 Hygienic unit dose packaging with different sizes to drive segment
                                TABLE 29 EXAMPLES OF SACHET PACKAGING EQUIPMENT
                                TABLE 30 SACHET PACKAGING EQUIPMENT MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
           6.2.6 STRIP PACKAGING EQUIPMENT
                    6.2.6.1 User-friendly, automated packaging with reduced wastage during production to drive segment
                                TABLE 31 EXAMPLES OF STRIP PACKAGING EQUIPMENT
                                TABLE 32 STRIP PACKAGING EQUIPMENT MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
           6.2.7 COUNTING EQUIPMENT
                    6.2.7.1 Initiatives for developing remote                                 TABLEt counting machines to improve accuracy and efficiency in medical dispensing
                                TABLE 33 EXAMPLES OF COUNTING EQUIPMENT
                                TABLE 34 COUNTING EQUIPMENT MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
           6.2.8 OTHER PRIMARY PACKAGING EQUIPMENT
                    TABLE 35 OTHER PRIMARY PACKAGING EQUIPMENT MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
    6.3 SECONDARY PACKAGING EQUIPMENT 
          TABLE 36 PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SECONDARY PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
          TABLE 37 PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SECONDARY PACKAGING EQUIPMENT, BY COUNTRY, 2021–2028 (USD MILLION)
           6.3.1 CARTONING EQUIPMENT
                    6.3.1.1 Different packaging sizes and better recyclability to drive segment
                                TABLE 38 EXAMPLES OF CARTONING EQUIPMENT
                                TABLE 39 CARTONING EQUIPMENT MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
           6.3.2 CASE PACKING EQUIPMENT
                    6.3.2.1 Increased demand for flexible packaging to drive segment
                                TABLE 40 EXAMPLES OF CASE PACKING EQUIPMENT
                                TABLE 41 CASE PACKING EQUIPMENT MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
           6.3.3 WRAPPING EQUIPMENT
                    6.3.3.1 Increased customization options in packaging to drive segment
                                TABLE 42 EXAMPLES OF WRAPPING EQUIPMENT
                                TABLE 43 WRAPPING EQUIPMENT MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
           6.3.4 TRAY PACKING EQUIPMENT
                    6.3.4.1 Technological advancements and less time for size changeovers to drive segment
                                TABLE 44 EXAMPLES OF TRAY PACKING EQUIPMENT
                                TABLE 45 TRAY PACKING EQUIPMENT MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
           6.3.5 PALLETIZING AND DEPALLETIZING EQUIPMENT
                    6.3.5.1 Cost efficiency with improved product appearance to drive segment
                                TABLE 46 EXAMPLES OF PALLETIZING AND DEPALLETIZING EQUIPMENT
                                TABLE 47 PALLETIZING AND DEPALLETIZING EQUIPMENT MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
    6.4 LABELING AND SERIALIZATION EQUIPMENT 
          TABLE 48 PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR LABELING AND SERIALIZATION EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
          TABLE 49 PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR LABELING AND SERIALIZATION EQUIPMENT, BY COUNTRY, 2021–2028 (USD MILLION)
           6.4.1 BOTTLE AND AMPOULE LABELING AND SERIALIZATION EQUIPMENT
                    6.4.1.1 Increasing awareness about anti-counterfeit technologies to drive segment
                                TABLE 50 EXAMPLES OF BOTTLE AND AMPOULE LABELING AND SERIALIZATION EQUIPMENT
                                TABLE 51 BOTTLE AND AMPOULE LABELING AND SERIALIZATION EQUIPMENT MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
           6.4.2 CARTON LABELING AND SERIALIZATION EQUIPMENT
                    6.4.2.1 Increasing demand for pharmaceutical product labeling and serialization to drive market
                                TABLE 52 EXAMPLES OF CARTON LABELING AND SERIALIZATION EQUIPMENT
                                TABLE 53 CARTON LABELING AND SERIALIZATION EQUIPMENT MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
           6.4.3 DATA MATRIX LABELING AND SERIALIZATION EQUIPMENT
                    6.4.3.1 Higher packaging speed and more efficient supply chain management to drive market
                                TABLE 54 EXAMPLES OF DATA MATRIX LABELING AND SERIALIZATION EQUIPMENT
                                TABLE 55 DATA MATRIX LABELING AND SERIALIZATION EQUIPMENT MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
 
7 PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY FORMULATION (Page No. - 159)
    7.1 INTRODUCTION 
          TABLE 56 PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY FORMULATION, 2021–2028 (USD MILLION)
    7.2 LIQUID PACKAGING EQUIPMENT 
          TABLE 57 PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR LIQUID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
          TABLE 58 PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR LIQUID PACKAGING EQUIPMENT, BY COUNTRY, 2021–2028 (USD MILLION)
           7.2.1 ASEPTIC LIQUID PACKAGING EQUIPMENT
                    7.2.1.1 Automation of packaging lines and increased use of robotics to drive segment
                                TABLE 59 EXAMPLES OF ASEPTIC LIQUID PACKAGING EQUIPMENT
                                TABLE 60 ASEPTIC LIQUID PACKAGING EQUIPMENT MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
           7.2.2 SYRUP PACKAGING EQUIPMENT
                    7.2.2.1 Strict packaging standards and use of high-volume packaging machines to drive segment
                                TABLE 61 EXAMPLES OF SYRUP PACKAGING EQUIPMENT
                                TABLE 62 SYRUP PACKAGING EQUIPMENT MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
           7.2.3 EYE/EAR DROP PACKAGING EQUIPMENT
                    7.2.3.1 Technological advancements and lesser packaging time to drive segment
                                TABLE 63 EXAMPLES OF EYE/EAR DROP PACKAGING EQUIPMENT
                                TABLE 64 EYE/EAR DROP PACKAGING EQUIPMENT MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
           7.2.4 AEROSOL PACKAGING EQUIPMENT
                    7.2.4.1 Integration of filling and sealing processes to improve operational efficiency
                                TABLE 65 EXAMPLES OF AEROSOL PACKAGING EQUIPMENT
                                TABLE 66 AEROSOL PACKAGING EQUIPMENT MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
           7.2.5 OTHER LIQUID PACKAGING EQUIPMENT
                    TABLE 67 OTHER LIQUID PACKAGING EQUIPMENT MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
    7.3 SOLID PACKAGING EQUIPMENT 
          TABLE 68 PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SOLID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
          TABLE 69 PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SOLID PACKAGING EQUIPMENT, BY COUNTRY, 2021–2028 (USD MILLION)
           7.3.1 TABLET PACKAGING EQUIPMENT
                    7.3.1.1 Better moisture control and more user-friendly packaging to drive segment
                                TABLE 70 EXAMPLES OF TABLET PACKAGING EQUIPMENT
                                TABLE 71 TABLET PACKAGING EQUIPMENT MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
           7.3.2 CAPSULE PACKAGING EQUIPMENT
                    7.3.2.1 Easy cleaning and low maintenance to drive segment
                                TABLE 72 EXAMPLES OF CAPSULE PACKAGING EQUIPMENT
                                TABLE 73 CAPSULE PACKAGING EQUIPMENT MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
           7.3.3 POWDER PACKAGING EQUIPMENT
                    7.3.3.1 Minimal contamination and higher precision to drive segment
                                TABLE 74 EXAMPLES OF POWDER PACKAGING EQUIPMENT
                                TABLE 75 POWDER PACKAGING EQUIPMENT MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
           7.3.4 GRANULE PACKAGING EQUIPMENT
                    7.3.4.1 Better speed and improved consistency in packaging to drive segment
                                TABLE 76 EXAMPLES OF GRANULE PACKAGING EQUIPMENT
                                TABLE 77 GRANULE PACKAGING EQUIPMENT MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
           7.3.5 OTHER SOLID PACKAGING EQUIPMENT
                    TABLE 78 OTHER SOLID PACKAGING EQUIPMENT MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
    7.4 SEMI-SOLID PACKAGING EQUIPMENT 
          TABLE 79 PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SEMI-SOLID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
          TABLE 80 PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SEMI-SOLID PACKAGING EQUIPMENT, BY COUNTRY, 2021–2028 (USD MILLION)
           7.4.1 OINTMENT PACKAGING EQUIPMENT
                    7.4.1.1 Ointment packaging equipment segment dominated semi-solid packaging equipment market in 2022
                                TABLE 81 EXAMPLES OF OINTMENT PACKAGING EQUIPMENT
                                TABLE 82 OINTMENT PACKAGING EQUIPMENT MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
           7.4.2 CREAM PACKAGING EQUIPMENT
                    7.4.2.1 Better flexibility and higher ability to handle packaging materials of different sizes to drive segment
                                TABLE 83 CREAM PACKAGING EQUIPMENT MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
           7.4.3 SUPPOSITORY PACKAGING EQUIPMENT
                    7.4.3.1 Drying drug pipelines and increasing product delivery costs to limit segment
                                TABLE 84 SUPPOSITORY PACKAGING EQUIPMENT MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
           7.4.4 OTHER SEMI-SOLID PACKAGING EQUIPMENT
                    TABLE 85 OTHER SEMI-SOLID PACKAGING EQUIPMENT MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
    7.5 OTHER PRODUCT PACKAGING EQUIPMENT 
          TABLE 86 OTHER PRODUCT PACKAGING EQUIPMENT MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
 
8 PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY AUTOMATION (Page No. - 193)
    8.1 INTRODUCTION 
          TABLE 87 PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY AUTOMATION, 2021–2028 (USD MILLION)
    8.2 AUTOMATIC PACKAGING EQUIPMENT 
           8.2.1 INCREASED DEMAND FOR SUSTAINABLE PACKAGING AND HIGHER ADOPTION OF INDUSTRY 4.0 TECHNOLOGY TO DRIVE MARKET
                    TABLE 88 PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR AUTOMATIC PACKAGING EQUIPMENT, BY COUNTRY, 2021–2028 (USD MILLION)
    8.3 SEMI-AUTOMATIC PACKAGING EQUIPMENT 
           8.3.1 HIGHER AFFORDABILITY AND MORE FLEXIBILITY THAN AUTOMATIC MACHINES TO DRIVE MARKET
                    TABLE 89 PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SEMI-AUTOMATIC PACKAGING EQUIPMENT, BY COUNTRY, 2021–2028 (USD MILLION)
    8.4 MANUAL PACKAGING EQUIPMENT 
           8.4.1 ABILITY TO BE USED IN LOW-VOLUME PRODUCTION UNITS TO DRIVE MARKET
                    TABLE 90 PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR MANUAL PACKAGING EQUIPMENT MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
 
9 PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY END USER (Page No. - 199)
    9.1 INTRODUCTION 
          TABLE 91 PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY END USER, 2021–2028 (USD MILLION)
    9.2 PHARMACEUTICAL MANUFACTURING COMPANIES 
           9.2.1 INCREASING PREVALENCE OF CHRONIC DISEASES AND GROWING GERIATRIC POPULATION TO DRIVE MARKET
                    TABLE 92 PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR PHARMACEUTICAL MANUFACTURING COMPANIES, BY COUNTRY, 2021–2028 (USD MILLION)
    9.3 PHARMACEUTICAL CONTRACT MANUFACTURING COMPANIES 
           9.3.1 RISING COSTS OF IN-HOUSE MANUFACTURING AND GROWING DEMAND FOR PERSONALIZED MEDICINES TO DRIVE MARKET
                    TABLE 93 PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR PHARMACEUTICAL CONTRACT MANUFACTURING COMPANIES, BY COUNTRY, 2021–2028 (USD MILLION)
 
10 PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY REGION (Page No. - 204)
     10.1 INTRODUCTION 
             FIGURE 44 GEOGRAPHICAL GROWTH OPPORTUNITIES: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET
             TABLE 94 PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY REGION, 2021–2028 (USD MILLION)
     10.2 EUROPE 
             10.2.1 EUROPE: RECESSION IMPACT
                        FIGURE 45 EUROPE: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET SNAPSHOT
                        TABLE 95 EUROPE: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
                        TABLE 96 EUROPE: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY PRODUCT, 2021–2028 (USD MILLION)
                        TABLE 97 EUROPE: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR PRIMARY PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                        TABLE 98 EUROPE: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SECONDARY PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                        TABLE 99 EUROPE: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR LABELING AND SERIALIZATION EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                        TABLE 100 EUROPE: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY FORMULATION, 2021–2028 (USD MILLION)
                        TABLE 101 EUROPE: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR LIQUID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                        TABLE 102 EUROPE: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SOLID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                        TABLE 103 EUROPE: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SEMI-SOLID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                        TABLE 104 EUROPE: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY AUTOMATION, 2021–2028 (USD MILLION)
                        TABLE 105 EUROPE: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY END USER, 2021–2028 (USD MILLION)
             10.2.2 GERMANY
                        10.2.2.1 Germany to command largest share in European market during forecast period
                                      TABLE 106 GERMANY: KEY MACROINDICATORS
                                      TABLE 107 GERMANY: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY PRODUCT, 2021–2028 (USD MILLION)
                                      TABLE 108 GERMANY: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR PRIMARY PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 109 GERMANY: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SECONDARY PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 110 GERMANY: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR LABELING AND SERIALIZATION EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 111 GERMANY: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY FORMULATION, 2021–2028 (USD MILLION)
                                      TABLE 112 GERMANY: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR LIQUID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 113 GERMANY: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SOLID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 114 GERMANY: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SEMI-SOLID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 115 GERMANY: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY AUTOMATION, 2021–2028 (USD MILLION)
                                      TABLE 116 GERMANY: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY END USER, 2021–2028 (USD MILLION)
             10.2.3 ITALY
                        10.2.3.1 Growing consumption of OTC and generic drugs to drive market
                                      TABLE 117 ITALY: KEY MACROINDICATORS
                                      TABLE 118 ITALY: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY PRODUCT, 2021–2028 (USD MILLION)
                                      TABLE 119 ITALY: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR PRIMARY PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 120 ITALY: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SECONDARY PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 121 ITALY: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR LABELING AND SERIALIZATION EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 122 ITALY: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY FORMULATION, 2021–2028 (USD MILLION)
                                      TABLE 123 ITALY: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR LIQUID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 124 ITALY: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SOLID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 125 ITALY: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SEMI-SOLID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 126 ITALY: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY AUTOMATION, 2021–2028 (USD MILLION)
                                      TABLE 127 ITALY: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY END USER, 2021–2028 (USD MILLION)
             10.2.4 UK
                        10.2.4.1 Increasing geriatric population and rising demand for prescription and OTC drugs to drive market
                                      TABLE 128 UK: KEY MACROINDICATORS
                                      TABLE 129 UK: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY PRODUCT, 2021–2028 (USD MILLION)
                                      TABLE 130 UK: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR PRIMARY PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 131 UK: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SECONDARY PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 132 UK: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR LABELING AND SERIALIZATION EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 133 UK: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY FORMULATION, 2021–2028 (USD MILLION)
                                      TABLE 134 UK: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR LIQUID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 135 UK: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SOLID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 136 UK: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SEMI-SOLID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 137 UK: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY AUTOMATION, 2021–2028 (USD MILLION)
                                      TABLE 138 UK: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY END USER, 2021–2028 (USD MILLION)
             10.2.5 FRANCE
                        10.2.5.1 Presence of leading pharmaceutical companies to drive market
                                      TABLE 139 FRANCE: KEY MACROINDICATORS
                                      TABLE 140 FRANCE: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY PRODUCT, 2021–2028 (USD MILLION)
                                      TABLE 141 FRANCE: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR PRIMARY PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 142 FRANCE: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SECONDARY PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 143 FRANCE: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR LABELING AND SERIALIZATION EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 144 FRANCE: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY FORMULATION, 2021–2028 (USD MILLION)
                                      TABLE 145 FRANCE: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR LIQUID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 146 FRANCE: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SOLID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 147 FRANCE: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SEMI-SOLID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 148 FRANCE: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY AUTOMATION, 2021–2028 (USD MILLION)
                                      TABLE 149 FRANCE: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY END USER, 2021–2028 (USD MILLION)
             10.2.6 SPAIN
                        10.2.6.1 Rising geriatric population and increasing healthcare expenditure to drive market
                                      TABLE 150 SPAIN: KEY MACROINDICATORS
                                      TABLE 151 SPAIN: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY PRODUCT, 2021–2028 (USD MILLION)
                                      TABLE 152 SPAIN: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR PRIMARY PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 153 SPAIN: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SECONDARY PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 154 SPAIN: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR LABELING AND SERIALIZATION EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 155 SPAIN: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY FORMULATION, 2021–2028 (USD MILLION)
                                      TABLE 156 SPAIN: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR LIQUID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 157 SPAIN: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SOLID PACKAGING EQUIPMENT, TYPE, 2021–2028 (USD MILLION)
                                      TABLE 158 SPAIN: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SEMI-SOLID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 159 SPAIN: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY AUTOMATION, 2021–2028 (USD MILLION)
                                      TABLE 160 SPAIN: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY END USER, 2021–2028 (USD MILLION)
             10.2.7 REST OF EUROPE
                        TABLE 161 REST OF EUROPE: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY PRODUCT, 2021–2028 (USD MILLION)
                        TABLE 162 REST OF EUROPE: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR PRIMARY PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                        TABLE 163 REST OF EUROPE: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SECONDARY PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                        TABLE 164 REST OF EUROPE: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR LABELING AND SERIALIZATION EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                        TABLE 165 REST OF EUROPE: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY FORMULATION, 2021–2028 (USD MILLION)
                        TABLE 166 REST OF EUROPE: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR LIQUID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                        TABLE 167 REST OF EUROPE: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SOLID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                        TABLE 168 REST OF EUROPE: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SEMI-SOLID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                        TABLE 169 REST OF EUROPE: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY AUTOMATION, 2021–2028 (USD MILLION)
                        TABLE 170 REST OF EUROPE: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY END USER, 2021–2028 (USD MILLION)
     10.3 NORTH AMERICA 
             10.3.1 NORTH AMERICA: RECESSION IMPACT
                        FIGURE 46 NORTH AMERICA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET SNAPSHOT
                        TABLE 171 NORTH AMERICA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
                        TABLE 172 NORTH AMERICA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY PRODUCT, 2021–2028 (USD MILLION)
                        TABLE 173 NORTH AMERICA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR PRIMARY PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                        TABLE 174 NORTH AMERICA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SECONDARY PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                        TABLE 175 NORTH AMERICA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR LABELING AND SERIALIZATION EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                        TABLE 176 NORTH AMERICA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY FORMULATION, 2021–2028 (USD MILLION)
                        TABLE 177 NORTH AMERICA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR LIQUID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                        TABLE 178 NORTH AMERICA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SOLID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                        TABLE 179 NORTH AMERICA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SEMI-SOLID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                        TABLE 180 NORTH AMERICA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY AUTOMATION, 2021–2028 (USD MILLION)
                        TABLE 181 NORTH AMERICA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY END USER, 2021–2028 (USD MILLION)
             10.3.2 US
                        10.3.2.1 Increasing demand for flexible and innovative packaging solutions to drive market
                                      TABLE 182 US: KEY MACROINDICATORS
                                      TABLE 183 US: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY PRODUCT, 2021–2028 (USD MILLION)
                                      TABLE 184 US: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR PRIMARY PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 185 US: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SECONDARY PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 186 US: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR LABELING AND SERIALIZATION EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 187 US: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY FORMULATION, 2021–2028 (USD MILLION)
                                      TABLE 188 US: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR LIQUID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 189 US: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SOLID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 190 US: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SEMI-SOLID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 191 US: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY AUTOMATION, 2021–2028 (USD MILLION)
                                      TABLE 192 US: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY END USER, 2021–2028 (USD MILLION)
             10.3.3 CANADA
                        10.3.3.1 Increasing demand for generic drugs to drive market
                                      TABLE 193 CANADA: KEY MACROINDICATORS
                                      TABLE 194 CANADA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY PRODUCT, 2021–2028 (USD MILLION)
                                      TABLE 195 CANADA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR PRIMARY PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 196 CANADA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SECONDARY PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 197 CANADA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR LABELING AND SERIALIZATION EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 198 CANADA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY FORMULATION, 2021–2028 (USD MILLION)
                                      TABLE 199 CANADA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR LIQUID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 200 CANADA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SOLID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 201 CANADA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SEMI-SOLID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 202 CANADA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY AUTOMATION, 2021–2028 (USD MILLION)
                                      TABLE 203 CANADA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY END USER, 2021–2028 (USD MILLION)
     10.4 ASIA PACIFIC 
             10.4.1 ASIA PACIFIC: RECESSION IMPACT
                        FIGURE 47 ASIA PACIFIC: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET SNAPSHOT
                        TABLE 204 ASIA PACIFIC: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
                        TABLE 205 ASIA PACIFIC: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY PRODUCT, 2021–2028 (USD MILLION)
                        TABLE 206 ASIA PACIFIC: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR PRIMARY PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                        TABLE 207 ASIA PACIFIC: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SECONDARY PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                        TABLE 208 ASIA PACIFIC: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR LABELING AND SERIALIZATION EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                        TABLE 209 ASIA PACIFIC: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY FORMULATION, 2021–2028 (USD MILLION)
                        TABLE 210 ASIA PACIFIC: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR LIQUID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                        TABLE 211 ASIA PACIFIC: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SOLID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                        TABLE 212 ASIA PACIFIC: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SEMI-SOLID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                        TABLE 213 ASIA PACIFIC: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY AUTOMATION, 2021–2028 (USD MILLION)
                        TABLE 214 ASIA PACIFIC: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY END USER, 2021–2028 (USD MILLION)
             10.4.2 CHINA
                        10.4.2.1 Favorable government initiatives to drive market
                                      TABLE 215 CHINA: KEY MACROINDICATORS
                                      TABLE 216 CHINA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY PRODUCT, 2021–2028 (USD MILLION)
                                      TABLE 217 CHINA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR PRIMARY PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 218 CHINA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SECONDARY PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 219 CHINA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR LABELING AND SERIALIZATION EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 220 CHINA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY FORMULATION, 2021–2028 (USD MILLION)
                                      TABLE 221 CHINA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR LIQUID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 222 CHINA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SOLID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 223 CHINA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SEMI-SOLID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 224 CHINA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY AUTOMATION, 2021–2028 (USD MILLION)
                                      TABLE 225 CHINA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY END USER, 2021–2028 (USD MILLION)
             10.4.3 JAPAN
                        10.4.3.1 Rising geriatric population and favorable government healthcare regulations to drive market
                                      TABLE 226 JAPAN: KEY MACROINDICATORS
                                      TABLE 227 JAPAN: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY PRODUCT, 2021–2028 (USD MILLION)
                                      TABLE 228 JAPAN: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR PRIMARY PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 229 JAPAN: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SECONDARY PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 230 JAPAN: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR LABELING AND SERIALIZATION EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 231 JAPAN: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY FORMULATION, 2021–2028 (USD MILLION)
                                      TABLE 232 JAPAN: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR LIQUID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 233 JAPAN: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SOLID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 234 JAPAN: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SEMI-SOLID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 235 JAPAN: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY AUTOMATION, 2021–2028 (USD MILLION)
                                      TABLE 236 JAPAN: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY END USER, 2021–2028 (USD MILLION)
             10.4.4 INDIA
                        10.4.4.1 Low manufacturing costs and presence of skilled workforce to drive market
                                      TABLE 237 INDIA: KEY MACROINDICATORS
                                      TABLE 238 INDIA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY PRODUCT, 2021–2028 (USD MILLION)
                                      TABLE 239 INDIA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR PRIMARY PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 240 INDIA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SECONDARY PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 241 INDIA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR LABELING AND SERIALIZATION EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 242 INDIA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY FORMULATION, 2021–2028 (USD MILLION)
                                      TABLE 243 INDIA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR LIQUID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 244 INDIA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SOLID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 245 INDIA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SEMI-SOLID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 246 INDIA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY AUTOMATION, 2021–2028 (USD MILLION)
                                      TABLE 247 INDIA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY END USER, 2021–2028 (USD MILLION)
             10.4.5 SOUTH KOREA
                        10.4.5.1 Rising healthcare spending and increasing government initiatives to drive market
                                      TABLE 248 COUNTRIES BUYING MOST KOREAN DRUGS
                                      TABLE 249 SOUTH KOREA: KEY MACROINDICATORS
                                      TABLE 250 SOUTH KOREA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY PRODUCT, 2021–2028 (USD MILLION)
                                      TABLE 251 SOUTH KOREA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR PRIMARY PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 252 SOUTH KOREA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SECONDARY PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 253 SOUTH KOREA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR LABELING AND SERIALIZATION EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 254 SOUTH KOREA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY FORMULATION, 2021–2028 (USD MILLION)
                                      TABLE 255 SOUTH KOREA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR LIQUID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 256 SOUTH KOREA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SOLID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 257 SOUTH KOREA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SEMI-SOLID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 258 SOUTH KOREA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY AUTOMATION, 2021–2028 (USD MILLION)
                                      TABLE 259 SOUTH KOREA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY END USER, 2021–2028 (USD MILLION)
             10.4.6 AUSTRALIA
                        10.4.6.1 Increasing healthcare expenditure and stringent regulatory standards to drive market
                                      TABLE 260 AUSTRALIA: KEY MACROINDICATORS
                                      TABLE 261 AUSTRALIA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY PRODUCT, 2021–2028 (USD MILLION)
                                      TABLE 262 AUSTRALIA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR PRIMARY PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 263 AUSTRALIA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SECONDARY PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 264 AUSTRALIA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR LABELING AND SERIALIZATION EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 265 AUSTRALIA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY FORMULATION, 2021–2028 (USD MILLION)
                                      TABLE 266 AUSTRALIA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR LIQUID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 267 AUSTRALIA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SOLID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 268 AUSTRALIA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SEMI-SOLID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 269 AUSTRALIA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY AUTOMATION, 2021–2028 (USD MILLION)
                                      TABLE 270 AUSTRALIA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY END USER, 2021–2028 (USD MILLION)
             10.4.7 REST OF ASIA PACIFIC
                        TABLE 271 REST OF ASIA PACIFIC: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY PRODUCT, 2021–2028 (USD MILLION)
                        TABLE 272 REST OF ASIA PACIFIC: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR PRIMARY PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                        TABLE 273 REST OF ASIA PACIFIC: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SECONDARY PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                        TABLE 274 REST OF ASIA PACIFIC: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR LABELING AND SERIALIZATION EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                        TABLE 275 REST OF ASIA PACIFIC: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY FORMULATION, 2021–2028 (USD MILLION)
                        TABLE 276 REST OF ASIA PACIFIC: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR LIQUID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                        TABLE 277 REST OF ASIA PACIFIC: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SOLID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                        TABLE 278 REST OF ASIA PACIFIC: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SEMI-SOLID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                        TABLE 279 REST OF ASIA PACIFIC: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY AUTOMATION, 2021–2028 (USD MILLION)
                        TABLE 280 REST OF ASIA PACIFIC: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY END USER, 2021–2028 (USD MILLION)
     10.5 LATIN AMERICA 
             10.5.1 LATIN AMERICA: RECESSION IMPACT
                        TABLE 281 LATIN AMERICA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
                        TABLE 282 LATIN AMERICA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY PRODUCT, 2021–2028 (USD MILLION)
                        TABLE 283 LATIN AMERICA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR PRIMARY PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                        TABLE 284 LATIN AMERICA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SECONDARY PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                        TABLE 285 LATIN AMERICA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR LABELING AND SERIALIZATION EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                        TABLE 286 LATIN AMERICA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY FORMULATION, 2021–2028 (USD MILLION)
                        TABLE 287 LATIN AMERICA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR LIQUID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                        TABLE 288 LATIN AMERICA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SOLID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                        TABLE 289 LATIN AMERICA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SEMI-SOLID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                        TABLE 290 LATIN AMERICA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY AUTOMATION, 2021–2028 (USD MILLION)
                        TABLE 291 LATIN AMERICA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY END USER, 2021–2028 (USD MILLION)
             10.5.2 BRAZIL
                        10.5.2.1 Low labor and manufacturing costs to drive market
                                      TABLE 292 BRAZIL: KEY MACROINDICATORS
                                      TABLE 293 BRAZIL: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY PRODUCT, 2021–2028 (USD MILLION)
                                      TABLE 294 BRAZIL: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR PRIMARY PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 295 BRAZIL: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SECONDARY PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 296 BRAZIL: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR LABELING AND SERIALIZATION EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 297 BRAZIL: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY FORMULATION, 2021–2028 (USD MILLION)
                                      TABLE 298 BRAZIL: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR LIQUID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 299 BRAZIL: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SOLID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 300 BRAZIL: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SEMI-SOLID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 301 BRAZIL: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY AUTOMATION, 2021–2028 (USD MILLION)
                                      TABLE 302 BRAZIL: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY END USER, 2021–2028 (USD MILLION)
             10.5.3 MEXICO
                        10.5.3.1 Increasing prevalence of chronic diseases to drive market
                                      TABLE 303 MEXICO: KEY MACROINDICATORS
                                      TABLE 304 MEXICO: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY PRODUCT, 2021–2028 (USD MILLION)
                                      TABLE 305 MEXICO: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR PRIMARY PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 306 MEXICO: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SECONDARY PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 307 MEXICO: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR LABELING AND SERIALIZATION EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 308 MEXICO: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY FORMULATION, 2021–2028 (USD MILLION)
                                      TABLE 309 MEXICO: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR LIQUID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 310 MEXICO: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SOLID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 311 MEXICO: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SEMI-SOLID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                                      TABLE 312 MEXICO: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY AUTOMATION, 2021–2028 (USD MILLION)
                                      TABLE 313 MEXICO: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY END USER, 2021–2028 (USD MILLION)
             10.5.4 REST OF LATIN AMERICA
                        TABLE 314 REST OF LATIN AMERICA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY PRODUCT, 2021–2028 (USD MILLION)
                        TABLE 315 REST OF LATIN AMERICA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR PRIMARY PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                        TABLE 316 REST OF LATIN AMERICA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SECONDARY PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                        TABLE 317 REST OF LATIN AMERICA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR LABELING AND SERIALIZATION EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                        TABLE 318 REST OF LATIN AMERICA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY FORMULATION, 2021–2028 (USD MILLION)
                        TABLE 319 REST OF LATIN AMERICA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR LIQUID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                        TABLE 320 REST OF LATIN AMERICA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SOLID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                        TABLE 321 REST OF LATIN AMERICA: SEMI-PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SOLID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                        TABLE 322 REST OF LATIN AMERICA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY AUTOMATION, 2021–2028 (USD MILLION)
                        TABLE 323 REST OF LATIN AMERICA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY END USER, 2021–2028 (USD MILLION)
     10.6 MIDDLE EAST & AFRICA 
             10.6.1 GROWTH IN GOVERNMENT FUNDING FOR PHARMACEUTICAL R&D TO DRIVE MARKET
             10.6.2 MIDDLE EAST & AFRICA: RECESSION IMPACT
                        TABLE 324 MIDDLE EAST & AFRICA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY PRODUCT, 2021–2028 (USD MILLION)
                        TABLE 325 MIDDLE EAST & AFRICA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR PRIMARY PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                        TABLE 326 MIDDLE EAST & AFRICA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SECONDARY PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                        TABLE 327 MIDDLE EAST & AFRICA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR LABELING AND SERIALIZATION EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                        TABLE 328 MIDDLE EAST & AFRICA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY FORMULATION, 2021–2028 (USD MILLION)
                        TABLE 329 MIDDLE EAST & AFRICA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR LIQUID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                        TABLE 330 MIDDLE EAST & AFRICA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SOLID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                        TABLE 331 MIDDLE EAST & AFRICA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET FOR SEMI-SOLID PACKAGING EQUIPMENT, BY TYPE, 2021–2028 (USD MILLION)
                        TABLE 332 MIDDLE EAST & AFRICA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY AUTOMATION, 2021–2028 (USD MILLION)
                        TABLE 333 MIDDLE EAST & AFRICA: PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, BY END USER, 2021–2028 (USD MILLION)
 
11 COMPETITIVE LANDSCAPE (Page No. - 338)
     11.1 INTRODUCTION 
     11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 
             TABLE 334 KEY DEVELOPMENTS IN PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, JANUARY 2020–SEPTEMBER 2023
     11.3 REVENUE ANALYSIS 
             FIGURE 48 REVENUE ANALYSIS OF KEY PLAYERS
     11.4 MARKET SHARE ANALYSIS 
             FIGURE 49 PHARMACEUTICAL PACKAGING EQUIPMENT MARKET SHARE, BY KEY PLAYER, 2022
     11.5 R&D EXPENDITURE OF MAJOR PLAYERS 
             FIGURE 50 R&D EXPENDITURE OF KEY PLAYERS IN PHARMACEUTICAL PACKAGING EQUIPMENT MARKET, 2021–2022
     11.6 COMPANY EVALUATION MATRIX 
             11.6.1 STARS
             11.6.2 EMERGING LEADERS
             11.6.3 PERVASIVE PLAYERS
             11.6.4 PARTICIPANTS
                        FIGURE 51 COMPANY EVALUATION MATRIX, 2022
             11.6.5 COMPANY FOOTPRINT
                        TABLE 335 OVERALL FOOTPRINT
                        TABLE 336 PRIMARY PACKAGING EQUIPMENT FOOTPRINT
                        TABLE 337 SECONDARY PACKAGING EQUIPMENT FOOTPRINT
                        TABLE 338 LABELING AND SERIALIZATION EQUIPMENT FOOTPRINT
                        TABLE 339 FORMULATION FOOTPRINT
                        TABLE 340 AUTOMATION FOOTPRINT
                        TABLE 341 END USER FOOTPRINT
                        TABLE 342 REGIONAL FOOTPRINT
     11.7 START-UP/SME EVALUATION MATRIX 
             11.7.1 PROGRESSIVE COMPANIES
             11.7.2 RESPONSIVE COMPANIES
             11.7.3 DYNAMIC COMPANIES
             11.7.4 STARTING BLOCKS
                        FIGURE 52 START-UP/SME EVALUATION MATRIX, 2022
             11.7.5 COMPETITIVE BENCHMARKING
                        TABLE 343 DETAILED LIST OF KEY START-UPS/SMES
     11.8 COMPETITIVE SCENARIOS AND TRENDS 
             11.8.1 KEY PRODUCT LAUNCHES
                        TABLE 344 KEY PRODUCT LAUNCHES, JANUARY 2020–SEPTEMBER 2023
             11.8.2 KEY DEALS
                        TABLE 345 KEY DEALS, JANUARY 2020–SEPTEMBER 2023
             11.8.3 OTHER KEY DEVELOPMENTS
                        TABLE 346 OTHER KEY DEVELOPMENTS, JANUARY 2020–SEPTEMBER 2023
 
12 COMPANY PROFILES (Page No. - 359)
     12.1 KEY PLAYERS 
(Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments)*
             12.1.1 SYNTEGON TECHNOLOGY GMBH
                        TABLE 347 SYNTEGON TECHNOLOGY GMBH: COMPANY OVERVIEW
                        FIGURE 53 SYNTEGON TECHNOLOGY GMBH: COMPANY SNAPSHOT, 2022
             12.1.2 INDUSTRIA MACCHINE AUTOMATICHE S.P.A. (IMA S.P.A)
                        TABLE 348 INDUSTRIA MACCHINE AUTOMATICHE S.P.A.: COMPANY OVERVIEW
                        FIGURE 54 INDUSTRIA MACCHINE AUTOMATICHE S.P.A.: COMPANY SNAPSHOT, 2022
             12.1.3 KÖRBER AG
                        TABLE 349 KÖRBER AG: COMPANY OVERVIEW
                        FIGURE 55 KÖRBER AG: COMPANY SNAPSHOT, 2022
             12.1.4 COESIA S.P.A
                        TABLE 350 COESIA S.P.A: COMPANY OVERVIEW
             12.1.5 MARCHESINI GROUP S.P.A.
                        TABLE 351 MARCHESINI GROUP S.P.A.: COMPANY OVERVIEW
                        FIGURE 56 MARCHESINI GROUP S.P.A.: COMPANY SNAPSHOT, 2022
             12.1.6 BAUSCH+STRÖBEL MASCHINENFABRIK ILSHOFEN GMBH + CO. KG
                        TABLE 352 BAUSCH+STRÖBEL MASCHINENFABRIK ILSHOFEN GMBH + CO. KG: COMPANY OVERVIEW
             12.1.7 ROMACO GROUP
                        TABLE 353 ROMACO GROUP: COMPANY OVERVIEW
             12.1.8 UHLMANN GROUP
                        TABLE 354 UHLMANN GROUP: COMPANY OVERVIEW
                        FIGURE 57 UHLMANN GROUP: COMPANY SNAPSHOT, 2022
             12.1.9 MAQUINARIA INDUSTRIAL DARA, SL
                        TABLE 355 MAQUINARIA INDUSTRIAL DARA, SL: COMPANY OVERVIEW
             12.1.10 MULTIVAC GROUP
                        TABLE 356 MULTIVAC GROUP: COMPANY OVERVIEW
     12.2 OTHER PLAYERS 
             12.2.1 OPTIMA PACKAGING GROUP GMBH
                        TABLE 357 OPTIMA PACKAGING GROUP GMBH: COMPANY OVERVIEW
             12.2.2 ACG WORLDWIDE
                        TABLE 358 ACG WORLDWIDE: COMPANY OVERVIEW
             12.2.3 ACCUTEK PACKAGING EQUIPMENT COMPANIES, INC.
                        TABLE 359 ACCUTEK PACKAGING EQUIPMENT COMPANIES, INC.: COMPANY OVERVIEW
             12.2.4 VANGUARD PHARMACEUTICAL MACHINERY, INC.
                        TABLE 360 VANGUARD PHARMACEUTICAL MACHINERY, INC.: COMPANY OVERVIEW
             12.2.5 BUSCH MACHINERY, INC.
                        TABLE 361 BUSCH MACHINERY, INC.: COMPANY OVERVIEW
*Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments might not be captured in case of unlisted companies.
             12.2.6 ARPAC LLC (DURAVANT LLC)
             12.2.7 TRUSTAR PHARMA PACK EQUIPMENT CO., LTD.
             12.2.8 INLINE FILLING SYSTEMS
             12.2.9 MG2 S.R.L.
             12.2.10 DUKE TECHNOLOGIES
             12.2.11 NJM PACKAGING
             12.2.12 HARRO HÖFLIGER VERPACKUNGSMASCHINEN GMBH
             12.2.13 AST, INC.
             12.2.14 TRUKING TECHNOLOGY LIMITED
             12.2.15 ACIC PHARMACEUTICALS INC.
 
13 APPENDIX (Page No. - 419)
     13.1 DISCUSSION GUIDE 
     13.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 
     13.3 CUSTOMIZATION OPTIONS 
     13.4 RELATED REPORTS 
     13.5 AUTHOR DETAILS 

The study involved four major activities in estimating the current size of the Pharmaceutical Packaging Equipment Market. Exhaustive secondary research was done to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.

Secondary Research

Secondary sources referred to for this research study include financial statements of companies offering Pharmaceutical Packaging Equipment and information from various trade, business, and professional associations. The secondary data was collected and analyzed to arrive at the overall size of the Pharmaceutical Packaging Equipment market, which was validated by primary respondents.

Primary Research

Extensive primary research was conducted after obtaining information regarding the Pharmaceutical Packaging Equipment market scenario through secondary research. Several primary interviews were conducted with market experts from both the demand and supply sides across major countries of North America, Europe, Asia Pacific,  Latin America, and the Middle East & Africa. Primary data was collected through questionnaires, emails, and telephonic interviews. The primary sources from the supply side included various industry experts, such as Chief X Officers (CXOs), Vice Presidents (VPs), Directors from business development, marketing, product development/innovation teams, and related key executives from Pharmaceutical Packaging Equipment manufacturers; distributors; and key opinion leaders.

Primary interviews were conducted to gather insights such as market statistics, data on revenue collected from the products and services, market breakdowns, market size estimations, market forecasting, and data triangulation. Primary research also helped in understanding the various trends related to technology, application, vertical, and region. Stakeholders from the demand side customers/end users who are using Pharmaceutical Packaging Equipment were interviewed to understand the buyer’s perspective on the suppliers, products, and their current usage of microfluidics and the future outlook of their business, which will affect the overall market.

A breakdown of the primary respondents for the pharmaceutical packaging equipment market is provided below:

Pharmaceutical Packaging Equipment Market Size, and Share

Note 1: C-level primaries include CEOs, COOs, CTOs, and VPs.

Note 2: Other primaries include Others include sales managers, marketing managers, and product managers.

Note 3: Companies are classified into tiers based on their total revenue. As of 2020: Tier 1=>USD 1 billion, Tier 2 = USD 500 million to USD 1 billion, Tier 3=<USD 500 million

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

The research methodology used to estimate the size of the Pharmaceutical Packaging Equipment market includes the following details.

The market sizing of the market was undertaken from the global side.

Country-level Analysis: The size of the Pharmaceutical Packaging Equipment market was obtained from the annual presentations of leading players and secondary data available in the public domain. The share of products and services in the overall Pharmaceutical Packaging Equipment market was obtained from secondary data and validated by primary participants to arrive at the total Pharmaceutical Packaging Equipment market. Primary participants further validated the numbers.

Geographic market assessment (by region & country): The geographic assessment was done using the following approaches:

Approach 1: Geographic revenue contributions/splits of leading players in the market (wherever available) and respective growth trends

Approach 2: Geographic adoption trends for individual product segments by end users and growth prospects for each of the segments (assumptions and indicative estimates validated from primary interviews)

At each point, the assumptions and approaches were validated through industry experts contacted during primary research. Considering the limitations of data available from secondary research, revenue estimates for individual companies (for the overall Pharmaceutical Packaging Equipment market and geographic market assessment) were ascertained based on a detailed analysis of their respective product offerings, geographic reach/strength (direct or through distributors or suppliers), and the shares of the leading players in a particular region or country.

Global Pharmaceutical Packaging Equipment Market Size: Top-Down Approach

Pharmaceutical Packaging Equipment Market Size, and Share

To know about the assumptions considered for the study, Request for Free Sample Report

Global Pharmaceutical Packaging Equipment Market Size: Bottom-Up Approach

Pharmaceutical Packaging Equipment Market Size, and Share

Data Triangulation

After arriving at the overall size from the market size estimation process explained above, the total market was split into several segments and subsegments. The data triangulation and market breakdown procedures explained below were implemented, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics for various market segments and subsegments. The data was triangulated by studying various factors and trends from the demand and supply sides. Along with this, the market size was validated using both the top-down and bottom-up approaches.

Market Definition

Pharmaceutical packaging equipment is a broad term that refers to any type of equipment used to package pharmaceutical products. This can include a wide range of equipment, such as:

  • Blister packaging machines
  • Vial filling and capping machines
  • Tablet counting and packaging machines
  • Cartoning machines
  • Labeling machines
  • Palletizing machines

Pharmaceutical packaging equipment is used to ensure that pharmaceutical products are packaged safely and securely. It also helps to protect the quality of the products and to meet the regulatory requirements for pharmaceutical packaging.

Key Stakeholders

  • Senior Management
  • Finance Department
  • Procurement Department

Objectives of the Study

  • To define, describe, analyze, and forecast the size of the pharmaceutical packaging equipment market on the basis of product, formulation, automation, end user and region.
  • To provide detailed information on the major factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)
  • To strategically analyze the micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
  • To forecast the size of the market segments with respect to North America, Europe, Asia Pacific, latin America and Middle East and Africa.
  • To profile key players and comprehensively analyze their product portfolios, market positions, and core competencies.
  • To track and analyze competitive developments such as product launches, partnerships, acquisitions and other developments in the market.
  • To benchmark players within the pharmaceutical packaging equipment market using the Competitive Leadership Mapping framework which analyzes market players on various parameters within the broad categories of business and product strategy.

Available Customizations

With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:

Geographic Analysis

  • Further breakdown of the Rest of Europe Pharmaceutical packaging equipment market into the Netherlands, Switzerland, Austria, Belgium, and others
  • Further breakdown of the Rest of Asia Pacific Pharmaceutical packaging equipment market into Singapore, Malaysia, and others

Company Information

  • Detailed analysis and profiling of additional market players
Custom Market Research Services

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Oct, 2023
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