Germany Pharmaceutical Packaging Equipment market was valued at USD 481.82 million in 2019 and is expected to reach USD 805.39 million by 2027, growing at a CAGR of 6.82% from 2020 to 2027.
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.
Market Key Players
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
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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 .
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