The Germany Pharmaceutical Packaging Equipment market was valued at USD 481.82 million in 2019 and is expected to reach USD 805.39 million by 2030, growing at a CAGR of 6.82% from 2020 to 2030.
The packaging of pharmaceutical products plays an essential role in the pharmaceutical sector. The demand for pharmaceutical packaging equipment is elevating, owing to its ability to offer both quality and safety to the pharma-based products, irrespective of its state of matter. Furthermore, the modification of packaging equipment, in terms of automation and flexibility, is also incorporating their application in the healthcare and pharmaceutical industry.
The pharmaceutical packaging equipment market in Germany is expected to expand with the time frame, primarily owing to the growing demand for generic drugs. In addition, the growing pharmaceutical sector in Europe, the implementation of advanced technology, and the growing demand for flexible packaging solutions are also responsible for boosting the market growth within the region. Growing trend of contract manufacturing of medical products, increasing sales of OTC drugs, and the rising popularity for eco-friendly and reusable packaging also influence the market growth in a positive direction.
The advancement in packaging technologies resulted in the invention of flexible packing of pharmaceutical products, which is expected to have a steady growth in foreseen years. The flexible packaging technology adds a marketing label on the product and ensures complete safety of the content within the package. Other factors such as low product wastage, easy handling and transportation, and the extended shelf life of the product also aid in boosting the growth of such packaging in pharmaceutical packaging equipment.
Furthermore, the development and implementation of recyclable packaging in the pharmaceutical industry have further boosted the demand for advanced pharmaceutical packing machines in the market.
Many pharmaceutical manufacturers prefer to install refurbished equipment over the new machine, in consideration with time and cost. As the total time consumption for installing a new machine equivalent to the time consumed in the delivery and installation of the equipment, which is likely to hamper the overall production and marketing of the drug or other pharmaceutical products. As for the cost factor, the installation of new packaging equipment requires a capital investment.
On the other hand, the installation of a refurbished machine is expected to save up to 45% of the total expenditure of installing new packaging equipment. Many well-established Germany-based manufacturers also offer a line of used machines to serve this purpose. Besides, the pre- and post-sale services, such as demonstration of the packaging machines, easy installation, on-site testing of machines, etc. also aids in boosting the demand for used machinery in the market. Thus, the shifting preference of the pharmaceutical manufacturers for the purchase of refurbished packaging machinery obstructs the growth of pharmaceutical packaging equipment.
The pharmaceutical packagers have switched to smart labeling technologies, such as radio frequency identification and near field communication tags, for maintaining easy tracking of products and engage with patients. The main advantage of RFID tags accounts for the elimination of the need for line-of-sight identification. Whereas, the small, programmable NFC tags fixed in labels enable the pharmaceutical manufacturers with easy communication of the key information with consumers.
Furthermore, the lack of human interventions, reduction in tracking time, and reliable and easy real-time tracking are some trend-setting factors responsible for fueling the growth of the pharmaceutical packaging market. For instance, the application of tamper-evident labeling, on pharmaceutical packages, by Syntegon Technology GmbH. Such an initiative in the pharma-packaging industry also elevates the demand for smart packaging solutions, thereby, driving the growth of Germany pharmaceutical packaging equipment.
As per the current trend, pharmaceutical drug manufacturers are electing packaging automation solutions coupled with the supply chain integration process. Factors such as the reduction in machine downtime and wastage of product, need for optimal space utilization, and the pressure on pharmaceutical developers to cut short the operation cost has elevated the need for automation in the packaging industry. According to a study related to the automation in the packaging in Europe revealed that Germany leads the study followed by the UK and France.
Furthermore, the implementation of automation within end-of-line packaging machinery is considered to be a trendsetter for the medical packaging equipment market. As a result, many packing device manufacturers in Europe are integrating automation to attract clients. Besides, the shifting demand for fully-automated end-of-line packaging solutions, over the semi-automatic end-of-line packaging machines, serves the aim of safety controls, remote monitoring, and machine vision.
As the impact of COVID-19 continues to market its existence across the world, the pharmaceutical industry in Europe remains dedicated to offer care for those affected, contain the outbreak, and develop the resources to combat future outbreaks. The pharmaceutical companies recognize the need and respond accordingly; pharmaceutical packaging companies are experiencing a new set of challenges.
As a result, the demand for healthcare-based packaging, such as rigid plastic, pumps, and flexible blister foils rise with the forthcoming need for critical medical supplies. On the contrary, the increasing concern about the transmission of coronavirus via packaging surfaces is offering growth opportunities to take benefit from the sterile packaging formats
Germany Pharmaceutical Packaging Equipment Market is segmented into types such as Primary Packaging Equipments, Labeling & Serialization, and Secondary Packaging Equipments. Primary packaging equipments are classified into various types such as Aseptic Filling & Sealing Equipments, Bottle filling & Capping Equipments, Strip Packaging Equipment, Counting Equipments, and Others. Also, labeling & sterilization are divided into various types such as Carton Labeling& Serialization, Data matrix Labeling& Serialization, and Bottle & Ampoule Labeling& Serialization. Further, secondary packaging equipment are classified into various types such as Cartoning Equipments, Case Packing Equipments (Case Packer/ Side Loader & Top Loader Case Packer) ,Wrapping Equipment (Full Wrap & Wrap around Packer), Tray Packing Equipment, and Palletizing & Depalletizing Equipment .
Various key players are discussed in this report such as Accutek Packaging , Syntegon, Marchesini Group, Coesia , RomacoPharmatechnik GmbH , Uhlmann , CAM Packaging, OPTIMA packaging group GmbH , and ACG Group
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5.1 Y-o-Y Growth Comparison, By Type
5.2 Germany Pharmaceutical Packaging Equipment Market Share Analysis, By Type
5.3 Germany Pharmaceutical Packaging Equipment Market Size and Forecast, By Type
5.3.1 Primary Packaging Equipment
5.3.2 Labeling & Serialization
5.3.3. Secondary Packaging Equipment
6.1 Y-o-Y Growth Comparison, By Primary Packaging Equipment
6.2 Germany Pharmaceutical Packaging Equipment Market Share Analysis, By Primary Packaging Equipment
6.3 Germany Pharmaceutical Packaging Equipment Market Size and Forecast, By Primary Packaging Equipment
6.3.1 Aseptic Filling & Sealing Equipment
6.3.2 Bottle filling & Capping Equipment
6.3.3. Strip Packaging Equipment
6.3.4. Counting Equipment
6.3.5. Others
7.1 Y-o-Y Growth Comparison, By Labeling& Serialization
7.2 Germany Pharmaceutical Packaging Equipment Market Share Analysis, By Labeling& Serialization
7.3 Germany Pharmaceutical Packaging Equipment Market Size and Forecast, By Labeling& Serialization
7.3.1 Carton Labeling& Serialization
7.3.2Data Matrix Labeling& Serialization
7.3.3. Bottle & Ampoule Labeling& Serialization
8.1 Y-o-Y Growth Comparison, By Secondary Packaging Equipment
8.2 Germany Pharmaceutical Packaging Equipment Market Share Analysis, By Secondary Packaging Equipment
8.3 Germany Pharmaceutical Packaging Equipment Market Size and Forecast, By Secondary Packaging Equipment
8.3.1 Cartoning Equipment
8.3.2 Case Packing Equipment (Case Packer/ Side Loader & Top Loader Case Packer)
8.3.3 Healthcare & Life science
8.3.4. Wrapping Equipment (Full Wrap & Wrap around Packer)
8.3.5. Tray Packing Equipment
8.3.6. Palletizing & Depalletizing Equipment
11.1 Competition Dashboard
11.2 Market share Analysis of Top Vendors
11.3 Key Development Strategies
10.1.1 Overview
10.1.2 Offerings
10.1.3 Key Financials
10.1.4 Business Segment & Geographic Overview
10.1.5 Key Market Developments
10.1.6 Key Strategies
10.2.1 Overview
10.2.2 Offerings
10.2.3 Key Financials
10.2.4 Business Segment & Geographic Overview
10.2.5 Key Market Developments
10.2.6 Key Strategies
10.3.1 Overview
10.3.2 Offerings
10.3.3 Key Financials
10.3.4 Business Segment & Geographic Overview
10.3.5 Key Market Developments
10.3.6 Key Strategies
10.4.1 Overview
10.4.2 Offerings
10.4.3 Key Financials
10.4.4 Business Segment & Geographic Overview
10.4.5 Key Market Developments
10.4.6 Key Strategies
10.5.1 Overview
10.5.2 Offerings
10.5.3 Key Financials
10.5.4 Business Segment & Geographic Overview
10.5.5 Key Market Developments
10.5.6 Key Strategies
10.6.1 Overview
10.6.2 Offerings
10.6.3 Key Financials
10.6.4 Business Segment & Geographic Overview
10.6.5 Key Market Developments
10.6.6 Key Strategies
10.7.1 Overview
10.7.2 Offerings
10.7.3 Key Financials
10.7.4 Business Segment & Geographic Overview
10.7.5 Key Market Developments
10.7.6 Key Strategies
10.8.1 Overview
10.8.2 Offerings
10.8.3 Key Financials
10.8.4 Business Segment & Geographic Overview
10.8.5 Key Market Developments
10.8.6 Key Strategies
10.9.1 Overview
10.9.2 Offerings
10.9.3 Key Financials
10.9.4 Business Segment & Geographic Overview
10.9.5 Key Market Developments
10.9.6 Key Strategies
