Meticulous Research® Unveils Report on Asia-Pacific Pharmaceutical Processing and Packaging Equipment Market, Projecting a 5.2% CAGR to 2030

Meticulous Research®, a renowned market research organization, has published a detailed report 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.”

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According to this report, the Asia-Pacific pharmaceutical processing and packaging equipment market is forecasted to reach $7.21 billion by 2030, growing at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2030. Factors driving this market growth include the rapidly expanding pharmaceutical industry, increasing demand for flexible manufacturing, strict compliance requirements, and the rise of contract manufacturing. However, the market's growth faces significant challenges due to the growing preference for refurbished equipment. Still, new pharmaceutical manufacturing hubs and rising research and development (R&D) spending present substantial opportunities for market expansion. One of the primary challenges for manufacturers is keeping up with the shifting demands in the ever-changing pharmaceutical landscape.

Key Players in the Market

Some of the major players featured in the report 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)

Market Segmentation

The Asia-Pacific pharmaceutical processing and packaging equipment market is segmented based on drug delivery modes, including oral formulations, parenteral formulations, topical formulations, and other formulations. Within oral formulations, the market covers solid and liquid dosages, such as capsules, tablets, and liquid preparations. The report also analyzes secondary and tertiary packaging equipment, which includes cartoning, labeling, serialization, palletizing, and de-palletizing systems.

Among these segments, oral formulations are expected to account for the largest market share by 2024, driven by the higher demand for oral medications and a wide range of products that require specialized processing and packaging equipment. In secondary packaging, the cartoning equipment segment is predicted to hold the largest market share, as cartons offer cost-effective and lightweight solutions for medication packaging. End-of-line packaging, such as case packaging equipment, is also anticipated to dominate the tertiary packaging market due to its efficiency in managing bulk packaging operations.

Regional Insights

The report offers a comprehensive analysis of major countries and regions in the Asia-Pacific, including China, Japan, India, Australia, South Korea, Southeast Asia, and the Rest of Asia-Pacific. Japan is projected to hold the largest market share in 2024, bolstered by its expanding pharmaceutical production, the growth of pharmaceutical manufacturing facilities, and government initiatives encouraging the use of generic drugs. For instance, Japan’s Basic Policy on Economic and Fiscal Management and Reform (2021) predicts that generic drug usage will surpass 80% by 2024.

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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