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Redding, California - August 17, 2023

Asia-Pacific Pharmaceutical Processing and Packaging Equipment Market to be Worth $7.21 Billion by 2030

Asia-Pacific Pharmaceutical Processing and Packaging Equipment Market by Mode of Delivery (Oral [Solid, Liquid], Parenteral, Topical), Secondary (Cartoning, Labelling, Serialization, Wrapping) and Tertiary (Palletizing, De-Palletizing) - Forecast to 2030

Meticulous Research^®—a leading market research company, published a research report titled, ‘Asia-Pacific Pharmaceutical Processing and Packaging Equipment Market by Mode of Delivery (Oral [Solid, Liquid], Parenteral, Topical), Secondary (Cartoning, Labelling, Serialization, Wrapping) and Tertiary (Palletizing, De-Palletizing) - Forecast to 2030.’

According to this latest publication from Meticulous Research^®, the Asia-Pacific pharmaceutical processing and packaging equipment market is projected to reach $7.21 billion by 2030, at a CAGR of 5.2% from 2023 to 2030. The growth of this market is driven by the growing pharmaceuticals market, rising demand for flexible manufacturing, increasing need to comply with various regulations and the growing trend of contract manufacturing in the pharmaceutical sector. However, the preference for refurbished equipment restrains this market's growth to a significant extent. Additionally, emerging pharmaceutical manufacturing hotspots and growing pharmaceutical RandD spending offer opportunities for market growth. However, changing market demands in the constantly evolving pharmaceutical space are the major challenge for market growth.

Key Players

The key players profiled in the Asia-Pacific pharmaceutical processing and packaging equipment market report are JEKSON VISION (India), Kevin Process Technologies Pvt. Ltd. (India), KIKUSUI SEISAKUSHO LTD. (Japan), Wenzhou Trustar Machinery Technology Co., Ltd (China), Sainty Co (China), ACG (India), Cadmach Machinery Co. Pvt. Ltd (India), Freund Corporation (Japan), Truking Technology Limited (China), Shibuya Corporation (Japan), and M.A.R. S.p.A. Macchine Automatiche Riempitrici (Italy).

The Asia-Pacific pharmaceutical processing and packaging equipment market is segmented by Mode of Drug Delivery (Oral Formulations [Oral Solid Dosages {Processing Equipment (Capsule Making Equipment, Blending Equipment, Fluidized Bed Machines, Coating Equipment, Milling Equipment, Capsule Filling Equipment, Compression/Press Equipment, Other Processing Equipment), Primary Packaging Equipment (Blister Packaging Equipment, Bottle Filling and Capping Equipment, Bottle Labeling Equipment, Powder Sachet Filling and Packaging Equipment, Strip Packaging Equipment, Tablet Counting Equipment)}, Oral Liquid Dosages {Processing Equipment (Stirrers and Homogenizers, Preparation Vessels, Melting Vessels, and Storage Tanks, Filtration Units, Sugar Charging/Transfer Systems, Other Equipment), Primary Packaging Equipment (Bottle Filling and Capping Equipment, Bottle Labeling Equipment)}], Parenteral Formulations {Processing Equipment (Mixing Equipment, Preparation Tanks, and Other Containers, Process Systems (SVP, LVP), Filtration Units, Sterilization Tunnels, Clean-In-Place (CIP) and Steam-In-Place (SIP) System, Aseptic Inspection Systems, Other Processing Equipment), Primary Packaging Equipment (Blow-Fill-Seal (BFS) Equipment, Aseptic Filling Equipment, Parenteral Labeling Equipment, Washing and Drying Equipment, Nested Filling Systems)}, Topical Formulations {Processing Equipment (Planetary and Homogenizer Mixer, Agitator/Stirrer, Preparation Vessels, Reactors, and Storage Tanks, Colloid Mills, Other Processing Equipment), Primary Packaging Equipment (Tube Filling Equipment, Cream Filling Equipment, Sachet Packaging Equipment)}, Other Formulations {Processing Equipment, Primary Packaging Equipment (Blow-Fill-Seal (BFS) Equipment, Pharmaceutical Spray Filling Equipment, Other Packaging Equipment)}, Secondary Packaging Equipment by Product Type {Cartoning Equipment, Carton Labeling and Serialization Equipment, Wrapping Equipment, Other Equipment}, End-Of-Line Packaging Equipment By Product Type {Case Packaging Equipment, Palletizing and De-palletizing Equipment, Other Equipment}, and Geography. The study also evaluates industry competitors and analyzes the country-level markets.

Among the mode of drug delivery products in the report, in 2023, the oral formulations segment is expected to account for the largest share of the Asia-Pacific pharmaceutical processing and packaging equipment market. The large share of this segment is attributed to the preference for oral formulations over other formulations and the availability of a diverse product range requiring specific processing and packaging equipment.

Among the types of secondary packaging equipment included in the report, in 2023, the cartoning equipment segment is expected to account for the largest share of the Asia-Pacific pharmaceutical processing and packaging equipment market. Cartons assist in the easy handling of medications. The cost-effective and lightweight nature of cartons in packaging pharmaceuticals further increases its demand in the market.

Among the types of end-of-line packaging equipment included in the report, in 2023, the case packaging equipment segment is expected to account for the largest share of the Asia-Pacific pharmaceutical processing and packaging equipment market. Case packaging equipment is used in end-of-line packaging for casing the cartons in a series. It involves three steps: case erecting, case filing, and case sealing. All three steps are operated through single equipment, which speeds up the packaging.

Geographic Review

This research report analyzes major Asia-Pacific countries/regions: China, Japan, India, Australia, South Korea, Southeast Asia, and the Rest of Asia-Pacific. In 2023, Japan is expected to account for the largest share of the Asia-Pacific pharmaceutical processing and packaging equipment market. The surge in pharmaceutical production, expansion of pharmaceutical manufacturing facilities in the country, and government initiatives to promote the use of generic drugs are the key factors contributing to the largest market share in Japan. For instance, according to a report of Basic Policy on Economic and Fiscal Management and Reform 2021, the rate of generic drugs will reach more than 80% by the end of 2023.

Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=5614

Key questions answered in the report:

Which are the high-growth market segments in terms of mode of delivery, product types of secondary packaging equipment and end-of-line packaging equipment, and geography?
What was the historical market for Asia-Pacific pharmaceutical processing and packaging equipment across the globe?
What are the market forecasts and estimates for 2023–2030?
What are the major drivers, restraints, opportunities, and challenges in the Asia-Pacific pharmaceutical processing and packaging equipment market?
Who are the major players in the Asia-Pacific pharmaceutical processing and packaging equipment market?
What is the competitive landscape, and who are the market leaders in the Asia-Pacific pharmaceutical processing and packaging equipment market?
What are the recent developments in the Asia-Pacific pharmaceutical processing and packaging equipment market?
What strategies are adopted by the major players in the Asia-Pacific pharmaceutical processing and packaging equipment market?
What are the geographical trends and high-growth regions/countries?

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Redding, California - August 17, 2023

Asia-Pacific Pharmaceutical Processing and Packaging Equipment Market to be Worth $7.21 Billion by 2030

Asia-Pacific Pharmaceutical Processing and Packaging Equipment Market by Mode of Delivery (Oral [Solid, Liquid], Parenteral, Topical), Secondary (Cartoning, Labelling, Serialization, Wrapping) and Tertiary (Palletizing, De-Palletizing) - Forecast to 2030

Recommended Readings

Related Reports

Asia-Pacific Pharmaceutical Processing and Packaging Equipment Market - Opportunity Analysis and Industry Forecast (2023-2030)

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Redding, California - August 17, 2023

Asia-Pacific Pharmaceutical Processing and Packaging Equipment Market to be Worth $7.21 Billion by 2030

Asia-Pacific Pharmaceutical Processing and Packaging Equipment Market by Mode of Delivery (Oral [Solid, Liquid], Parenteral, Topical), Secondary (Cartoning, Labelling, Serialization, Wrapping) and Tertiary (Palletizing, De-Palletizing) - Forecast to 2030

Recommended Readings

Related Reports

Asia-Pacific Pharmaceutical Processing and Packaging Equipment Market - Opportunity Analysis and Industry Forecast (2023-2030)

Share this on:

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