Asia-Pacific Pharmaceutical Processing and Packaging Equipment Market Set to Reach $7.21 Billion by 2030, According to Meticulous Research®

A new report from Meticulous Research®, 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,” forecasts a 5.2% CAGR for the market between 2024 and 2030, with a total valuation of $7.21 billion by the end of the forecast period.

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Key drivers of this market include the expansion of the pharmaceutical industry, increased demand for flexible manufacturing solutions, and stricter regulatory frameworks. Additionally, the increasing popularity of contract manufacturing is contributing to market growth. On the downside, the growing preference for refurbished equipment is acting as a restraint. Opportunities abound as new pharmaceutical hubs emerge, and pharmaceutical research and development investments rise.

Market Leaders

Leading companies profiled in the study include:

• 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)
• M.A.R. S.p.A. Macchine Automatiche Riempitrici (Italy)

Segment Insights

The market is segmented by mode of drug delivery into oral, parenteral, and topical formulations. The oral segment is expected to dominate in 2024 due to consumer preference for oral drugs and the broad range of equipment needed to process these formulations. Cartoning equipment will likely lead the secondary packaging market due to its utility in efficient handling and lightweight nature. In the tertiary packaging category, case packaging equipment is expected to hold the largest share due to its ability to streamline end-of-line operations.

Geographical Breakdown

The report covers key markets in the Asia-Pacific region, including China, Japan, and India. Japan is poised to hold the largest share by 2024, driven by robust pharmaceutical production and strong government policies promoting generic drugs. For instance, Japan aims to surpass 80% generic drug usage by 2024, according to economic management reforms.

To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/asia-pacific-pharmaceutical-processing-and-packaging-equipment-market-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 2024–2030?
• 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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