The South East Asia Pharmaceutical Processing & Packaging Equipment Market is projected to reach $ 1.02 billion by 2030, at a CAGR of 6.2% from 2024 to 2030. Pharmaceutical processing and packaging equipment are used in the processing and packaging of pharmaceuticals. They play a crucial role in ensuring the quality and safety of pharmaceutical products. These machines are designed to meet strict industry standards and regulations, ensuring that the drugs produced are safe, effective, and high-quality.
Packaging equipment is used to create protective barriers that safeguard the integrity of drugs during storage, transportation, and distribution. Processing equipment includes granulation equipment, coating equipment, milling equipment, agitators, purification systems, sterilization equipment, and compression equipment. Packaging equipment includes filling, labeling, serialization, and wrapping equipment.
The growth of the South East Asia pharmaceutical processing & packaging market is attributed to the rising demand for flexible manufacturing, the increasing need to comply with several regulations, the growing trend of contract manufacturing in the pharmaceutical sector, and the growing pharmaceuticals market due to factors such as rising geriatric population and recent pandemic outbreaks. However, the preference for refurbished equipment is expected to restrain the market’s growth.
Furthermore, emerging pharmaceutical manufacturing hotspots and growing pharmaceutical R&D spending are expected to create market growth opportunities. However, changing market demands in the constantly evolving pharmaceutical space pose challenges to the market’s growth.
Rising Demand for Flexible Manufacturing Drives the Growth of the South East Asia Pharmaceutical Processing and Packaging Equipment Market
Recent pharmaceutical trends support the development of specialized products for small groups of patients. Regulatory agencies support this trend by expediting drug approvals. Further, the increasing focus of pharmaceutical companies on cost control coupled with unpredictable demand for pharmaceuticals has created a need for more agile and flexible pharmaceutical manufacturing facilities in Singapore, Indonesia, Malaysia, and other countries. The emergence of continuous manufacturing and single-use technologies has supported the development of flexible manufacturing facilities, allowing for pharmaceutical processing and packaging innovation.
Fast-track drug approval programs and the need for operational flexibility among pharmaceutical companies and CMOs further support the adoption of flexible manufacturing processes. Orphan drug development is gaining traction due to its incentivization by regulatory authorities, accelerated drug approvals, and the exclusivity of molecules. Orphan drug developers focus on shortening the clinical development phase, wherein processes involving chemistry, manufacturing, control development, scale-up, validation, tech transfer, and stability testing must be completed rapidly after securing initial regulatory approval. Moreover, orphan drug development programs contribute to the increased adoption of orphan drugs. Similar to the U.S. Orphan Drug Act, Asian countries have been implementing a framework of such rules to accelerate the registration approval of new drugs to treat rare diseases in many countries like Singapore and the Philippines. Thus, such factors have increased the demand for flexible manufacturing in the pharmaceutical sector.
The increasing preference for specialized therapies among patients has boosted the adoption of flexible manufacturing practices involving single-use systems, continuous manufacturing systems, and modular facilities.
![South East Asia Pharmaceutical Processing & Packaging Equipment Market South East Asia Pharmaceutical Processing & Packaging Equipment Market](https://www.meticulousresearch.com/public/website_images/South-East-Asia-Pharmaceutical-Processing-&-Packaging-Equipment-Market.webp)
Click here to: Get Free Sample Pages of this Report
Preference for Refurbished Equipment Restrain the Growth of the Market
With the growing consolidation trend, the demand for advanced processing and packaging systems is rising in the pharmaceutical industry. However, such costly equipment requires pharmaceutical manufacturers to make huge capital investments, driving smaller pharmaceutical companies to opt for refurbished systems instead of purchasing new ones.
Many large companies return their pharmaceutical processing machines to vendors for various reasons like malfunction and speed issues. These returned products are tested for functionality and defects and refurbished and resold to small setups for manufacturing tablets, hindering the adoption of new pharmaceutical processing and packaging equipment. Growing cost pressure on pharmaceutical manufacturers and the environmentally -friendliness of the refurbishment process further drive the adoption of refurbished pharmaceutical processing machines across the region.
Key Findings of the South East Asia Pharmaceutical Processing and Packaging Equipment Market Study
In 2024, the Oral Formulations Segment is Expected to Dominate the South East Asia Pharmaceutical Processing and Packaging Equipment Market
Among the modes of drug delivery, in 2024, the oral formulations segment is expected to account for the largest share of the South East Asia pharmaceutical processing and packaging equipment market. Oral formulations include oral solid dosages and oral liquid dosages. Factors contributing to the segment’s largest share include patients' high preference for oral formulations due to their advantages, including ease of administration, high patient compliance, non-painful and better safety, lowest variability, and accurate dosing.
In 2024, the Cartoning Equipment Segment is Expected to Dominate the South East Asia Secondary Packaging Equipment Market
Among the types of secondary packaging equipment, in 2024, the cartoning equipment segment is expected to account for the largest share of the South East Asia pharmaceutical processing and packaging equipment market. Cartoning equipment is used to pack the primarily packaged pharmaceuticals to provide extra protection. It helps protect the products during shipment in a very cost-effective & efficient way. Regulatory agencies, such as the Health Science Authority (HAS) Singapore, also specify the packaging material according to their particular drugs and materials. Hence, cartons are considered an ideal secondary packaging for product handling, increasing their utilization, and contributing to the segment’s largest share.
In 2024, the Case Packaging Equipment Segment is Expected to Dominate the South East Asia End-of-Line Packaging Equipment Market
Among the types of end-of-line packaging equipment, in 2024, the case packaging equipment segment is expected to account for the largest share of the South East Asia pharmaceutical processing and packaging equipment market. Factors such as the importance of case packaging in bulk packaging, supply chain efficiency, automation benefits, versatility, and the overall growth of the pharmaceutical industry contribute to the segment’s large market share.
Singapore: Fastest-growing Country
Based on country, Singapore is expected to grow at the highest CAGR during the forecast period. The growth of this market is mainly driven by the growing government investments, the increasing prevalence of chronic diseases, and the strategic initiatives undertaken by key players are the major factors generating high demand for pharmaceuticals in the country. In December 2021, Amcor (Australia) opened a greenfield packaging facility in Singapore to address the demand for medical packaging in the region.
Key Players
The key players profiled in the South East Asia pharmaceutical processing & packaging equipment market report are JEKSON VISION (India), KIKUSUI SEISAKUSHO LTD. (Japan), Sainty Co (China), ACG (India), Truking Technology Limited (China), ACIC Pharmaceuticals Inc. (Canada), M.A.R. S.p.A. Macchine Automatiche Riempitrici (Italy), Korber AG (Germany), KORSCH AG (Germany), Marchesini Group S.p.A. (Italy), Optel Group (Canada), OPTIMA packaging group GmbH (Germany), and Syntegon Technology GmbH (Germany).
The report includes a competitive landscape based on an extensive assessment of the market based on the mode of drug delivery, secondary packaging equipment type, end-of-line packaging equipment type, and geography.The report also provides insights into the geographic presence of major market players and the key growth strategies adopted by them in the last three to four years.
Scope of the Report:
South East Asia Pharmaceutical Processing and Packaging Equipment Market, by Mode of Delivery
- Oral Formulations
- Oral Solid Dosages
- Processing Equipment
- Blending Equipment
- Fluidized Bed Machine
- Milling Equipment
- Compression/Press Equipment
- Capsule Making Equipment
- Capsule Filling Equipment
- Other Equipment
(Note: Other processing equipment for oral solid dosages majorly includes inspection machines, dust extractors, and polishing machines)
- Primary Packaging Equipment
- Tablet Counting Equipment
- Blister Packaging Equipment
- Strip Packaging Equipment
- Powder Sachet Filling & Packaging Equipment
- Bottle Filling & Capping Equipment
- Bottle Labelling Equipment
- Oral Liquid Dosages
- Processing Equipment
- Sugar Charging / Transfer Systems
- Preparation Vessels, Melting Vessels, and Storage Tanks
- Stirrers and Homogenizers
- Filtration Units
- Others
(Note: Other processing equipment for oral liquid dosages majorly includes transfer pumps and interconnect pipelines)
- Primary Packaging Equipment
- Bottle Filling & Capping Equipment
- Bottle Labelling Equipment
- Parenteral Formulations
- Processing Equipment
- Mixing Equipment, Preparation Tanks, and Other Container
- Process Systems (SVP, LVP)
- Filtration Units
- Sterilization Tunnels
- Clean-In-Place (CIP) and Steam-In-Place (SIP) System
- Aseptic Inspection Systems
- Other Processing Equipment
(Note: Other processing equipment for parenteral formulations majorly include debagging machines, nest unpackers, tray unpackers, tray-loading systems, buffering systems, and barrier systems)
- Primary Packaging Equipment
- Aseptic Filling Equipment
- Washing & Drying Equipment
- Nested Filling System
- Blow-Fill-Seal (BFS) Equipment
- Parenteral Labelling Equipment
- Topical Formulation
- Processing Equipment
- Planetary and Homogenizer Mixer
- Preparation Vessels, Reactors, and Storage Tanks
- Colloid Mills
- Agitator – Stirrer
- Other Equipment
(Note: Other processing equipment for topical formulations majorly include milling equipment and sisters)
- 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 Equipment
(Note: Other packaging equipment for other formulations majorly include bottle filling and sealing equipment, blister packaging equipment, and support packaging equipment)
(Note: Other formulations majorly include trans-mucosal and inhalation drugs)
South East Asia Pharmaceutical Secondary Packaging Equipment Market, by Type
- Cartoning Equipment
- Wrapping Equipment
- Carton Labelling & Serialization Equipment
- Other Equipment
(Note: Other pharmaceutical secondary packaging equipment majorly includes checkweigher, pneumatic robotic pick and place, packaging conveyor lines, and others)
South East Asia Pharmaceutical End-of-Line Packaging Equipment Market, by Type
- Case Packaging Equipment
- Palletizing and De-Palletizing Equipment
- Other Equipment
(Note: Other pharmaceutical end-of-line packaging equipment majorly includes stretch wrapper and stretch-banding)
South East Asia Pharmaceutical Processing and Packaging Equipment Market, by Country
- Indonesia
- Singapore
- Thailand
- Philippines
- Vietnam
- Malaysia
- Rest of South East Asia
Key questions answered in the report: