We are monitoring the impact of COVID-19 & Recession alarm on North America Pharmaceutical Packaging Equipment Market Get in touch with us for detailed analysis Know More
Share on

North America Pharmaceutical Packaging Equipment Market Research Report – Segmented By Package, Product, & Country (the United States, Canada & Rest of North America) - Industry Analysis, Size, Share, Trends and Growth Forecast (2022 to 2027)

Published: January, 2022
ID: 2864
Pages: 145

North America Pharmaceutical Packaging Equipment Market Size (2022 to 2027)

The market size of Pharmaceutical Packaging Equipment in North America was valued at USD 1.90 billion in 2022. This value is estimated to be growing at a CAGR of 6.9%, to reach USD 2.66 billion by 2027.

The overall growth in the pharmaceutical industry is primarily boosting the pharmaceutical packaging equipment market in North America. The rise in population, rise in prevalence of chronic diseases will rise in demand for drugs, and manufacturing are other significant factors driving force to the market growth. Government initiatives to create awareness on early detection of diseases and treatments, health care provisions, and plans are encouraging factors for the growth of the pharmaceutical packing market, which is expected to favour the market growth.

Most drugs in recent times lost their patents; this will encourage new drug enrolment with cheaper generic counterparts, and this increases market size. A large amount of drug production and manufacturing will need a lot of equipment, which in turn leads to demand for packing and equipment, thereby increasing market size. North America stands first in healthcare and infrastructure, also spends half of its economy on healthcare. Hence the investors and government, nongovernment funds to the same are high in this region, which is a beneficial factor for the growth of this market.

However, time and cost are the main concerns showed degrading the market. Availability of machinery and set up, set up cost and time, new instruments with high prices are few growths are hampering factors for pharmaceutical packing equipment market. Regulatory guidelines are also stringent in terms of setting up machinery and etc. the service life, installations, testing of machinery, quality check for the condition of equipment, operating manuals provision are the tasks associated with this market. For this, there is a need for skilled workers and staff to achieve the goals. Lack of labor and staff will restrict the growth of this market. There are a lot of stringent rules for the approval of the packing and manufacturing of drugs, which will lead to uncertainties in standards. It is also hard to meet the standards of organizations such as the FDA and other bodies. In order to meet the standards, manufactures have to set up dedicated systems that will meet Good manufacturing practices; errors have to be minimized. 

COVID-19 impact on the North America Pharmaceutical Packaging Equipment Market

Since the outbreak of the novel Covid19 virus, we all have learned social distancing is the only key to preventing the spread of infection. Hence the government has come up with stringent lockdown regulations and norms where there are no or fewer contacts between people. And the travel ban is also a stringent regulation announced during the pandemic. Due to travel ban issues, the awareness of early testing of diseases and early diagnosis of health conditions is not achieved. The imports and exports of materials and equipment related to maintenance are also in halt. The production and manufacturing loss has been a negative impact on the pharmaceutical packing market. Hence along with end-users, manufacturers are also in a loss. Easy Availability of drugs is not seen throughout this lockdown period. 

This research report on North America Pharmaceutical Packaging Equipment Market has been segmented and sub-segmented into the following categories.

  • By Packaging: Primary Packaging Equipment, Secondary Packaging Equipment, Labeling, and Sterilization.
  • By Product Type: Liquid Packaging Equipment, Solid Packaging Equipment, Semi-Solid Packaging Equipment, and Others.
  • By Country: US, Canada & Rest of North America.

Regionally, the North America is leading the global Pharmaceutical Packaging Equipment Market as of 2019 and is expected to grow significantly over the forecast period. The high disposable income of people in the U.S.A and Canada is also contributing to the market growth.

North America is expected to show high trends in the growth of the pharmaceutical packing equipment market and dominates every other market in this region with the highest shares. The growth of this market is contributed by the rise in population, increase in awareness, early detection of diseases and treatment, government and public funds, a government initiative to make drugs affordable and easily available. US and Canada are technologically developed countries with advanced and flexible machinery, which increases market size and growth. 

Some of the Major Companies dominating the North America Pharmaceutical Packaging Equipment Market Profiled in the report are Robert Bosch GmbH, Körber AG, Marchesini Group S.p.A., Multivac Group, Uhlmann Group, OPTIMA Packaging Group GmbH, and Romaco Pharmatechnik GmbH.

1.Introduction                                  

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                          

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 Packaging                    

                                5.1.1 Introduction           

                                5.1.2 Primary Packaging Equipment        

                                5.1.3 Secondary Packaging Equipment   

                                5.1.4 Labelling and Serialization 

                                5.1.5  Y-o-Y Growth Analysis, By Packaging          

                                5.1.6  Market Attractiveness Analysis, By Packaging        

                                5.1.7  Market Share Analysis, By Packaging          

                5.2 Product                        

                                5.2.1 Introduction           

                                5.2.2 Liquid Packaging Equipment            

                                5.2.3 Solid Packaging Equipment              

                                5.2.4 Semi-solid Packaging Equipment   

                                5.2.5 Y-o-Y Growth Analysis, By Product               

                                5.2.6 Market Attractiveness Analysis, By Product             

                                5.2.7 Market Share Analysis, By Product               

6. Geographical Analysis                                              

                6.1 Introduction                               

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By Packaging

                                                6.1.3.3 By Product

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.3.2 By Packaging

                                                6.1.3.3 By Product

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.3.2 By Packaging

                                                6.1.3.3 By Product

                6.2 United States                            

                6.3 Canada                         

7.Strategic Analysis                                        

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services              

                                7.2.5 Competitive Rivalry within the Industry     

8.Market Leaders' Analysis                                         

                8.1 Robert Bosch GmbH                               

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 Marchesini                  

                8.3 Multivac Group                         

                8.4 Uhlmann Group                       

                8.5 Mesoblast                   

                8.6 OPTIMA Packaging Group GmbH                      

                8.7 Romaco Pharmatechnik GmbH                          

9.Competitive Landscape                                            

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures                         

                9.4 New Product Launches                         

10.Market Outlook and Investment Opportunities                                          

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

 

  1. North America Pharmaceutical Packaging Equipment Market, By Package, From 2022 - 2027 (USD Billion)
  2. North America Primary Packaging Equipment Market, By Region, From 2022 - 2027 (USD Billion)
  3. North America Secondary Packaging Equipment Market, By Region, From 2022 - 2027 (USD Billion)
  4. North America Labelling & Serialization Equipment Market, By Region, From 2022 - 2027 (USD Billion)
  5. North America Pharmaceutical Packaging Equipment Market, By Product, From 2022 - 2027 (USD Billion)
  6. North America Liquid packaging equipment Market, By Region, From 2022 - 2027 (USD Billion)
  7. North America Solid Packaging Equipment  Market, By Region, From 2022 - 2027 (USD Billion)
  8. North America Semi-solid Packaging Equipment Market, By Region, From 2022 - 2027 (USD Billion)
  9. United States Pharmaceutical Packaging Equipment Market, By Package, From 2022 - 2027 (USD Billion)
  10. United States Pharmaceutical Packaging Equipment Market, By Product, From 2022 - 2027 (USD Billion)
  11. Canada Pharmaceutical Packaging Equipment Market, By Package, From 2022 - 2027 (USD Billion)
  12. Canada Pharmaceutical Packaging Equipment Market, By Product, From 2022 - 2027 (USD Billion)

Please wait. . . . Your request is being processed

Related Reports

PURCHASE OPTIONS

excel
$

3335


pdf excel
$

3680


pdf excel powerbi
$

5520


excel
$

2000

What You Get :

  • PDF Report Format.
  • Can be accessible by 1 single user.
  • 6 Months of Free Analyst Support.
  • PDF and Excel Datasheet Formats.
  • Can be accessible upto 2 to 5 users.
  • 1 Year of Free Analyst Support.
  • PDF, Excel and Power BI Dashboard.
  • Can be accessible by unlimited users.
  • 1 Year of Free Analyst Support.
  • Excel Datasheet Format.
  • Customized access as per user request.
  • Upgradable to other licenses.
customer-support
ASK FOR CUSTOMIZATION

Talk to our analyst and get customised report done according to your research needs

tag
INQUIRE FOR DISCOUNT

Check if you can avail any discount. Submit your details and our team will get back to you.

cloud-download
DOWNLOAD FREE SAMPLE

Request to avail a free sample report that reflects this market and its growth.

Access the study in MULTIPLE FORMATS
Purchase options starting from $ 3335

Didn’t find what you’re looking for?
TALK TO OUR TEAM

Find it too expensive?
NO WORRIES!

Click for Request Sample