Comparing 21 vendors in Pharmaceutical Packaging Equipment across 79 criteria.

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POWERED BY MARKETSANDMARKETS
Mar 20, 2023

360 Quadrants releases its list of “Top 21 Pharmaceutical Packaging Equipment Companies, Worldwide 2023” in partnership with MarketsandMarkets. The report recognizes the standouts in the pharmaceutical packaging equipment market ranging from mid-sized enterprises to Fortune 500 companies. The vendor evaluation was conducted on over 200 companies, of which the top 21 were categorized and recognized as the new economic quadrant leaders. 

Key trends highlighted in 360 Quadrant’s study include:

  • The global pharmaceutical packaging equipment market is driven by the rapidly growing demand for generic and biopharmaceutical markets, growth in OTC drug sales, rising need for flexible and integrated packaging equipment, and other such factors.
  • Europe is the largest regional market for pharmaceutical packaging equipment, with a share of 32.2% in 2022, followed by Asia Pacific and North America. This growth in the European market is majorly driven by high pharmaceutical production, increasing demand for flexible packaging by major pharmaceutical manufacturers, and regulatory changes that are compelling pharmaceutical manufacturers to replace their older equipment with new equipment to adhere to the changing standards.
  • Based on product type, primary packaging equipment accounted for the largest share (53.3%) of the pharmaceutical packaging equipment market in 2021. Factors such as the rising need for aseptic filling and the increasing demand for parenteral vials and prefillable syringes are fostering the growth of this segment.
  • The liquid packaging equipment segment accounted for 53% of the pharmaceutical packaging equipment market, followed by solid packaging equipment (30%) and semi-solid packaging equipment (12%) in 2022.
  • The pharmaceutical packaging equipment market is dominated by companies like Robert Bosch GmbH (Syntegon Technology) (Germany), IMA S.p.A., (Italy) and Korber AG (Germany), which together account for a share of 30-35% of the overall share. Other entities such as Coesia S.p.A (Italy), Marchesini Group (Italy), Bausch + Ströbel Maschinenfabrik Ilshofen GmbH + Co. KG (Germany), Ulhmann Group (Germany), Maquinaria Industrial Dara, SL (Spain), Multivac Group (Germany), Accutek Pharmaceutical Packaging Equipment Companies(USA), and others capture the remaining 65-70% of the total market.
  • Some of the key strategies adopted by the top players in the market in the last few years include product launches and enhancements, acquisitions, partnerships, and geographic expansions. For instance, Syntegon Technology showcased new solutions for the process development and manufacturing of solid pharmaceuticals. Korber offered its customers an enhanced product of the Werum PAS-X MES Suite in partnership with Inmation Software GmbH, located in Germany.

The Full List

The Full List

Logo Rank & Company Headquarters Year Founded Holding Type
Syntegon 1. Syntegon Waiblingen, Germany 1969 Private
IMA 2. IMA Bologna, Italy 1961 Public
ACG 3. ACG Mumbai, India 1961 Private
Marchesini Group 4. Marchesini Group Bologna, Italy 1974 Private
Körber 5. Körber Hamburg, Germany 1946 Private
Coesia 6. Coesia Bologna, Italy 1923 Private
MULTIVAC 7. MULTIVAC Wolfertschwenden, Germany 1961 Private
OPTIMA packaging 8. OPTIMA packaging Schwaebisch Hall, Germany 1922 Private
MG2 9. MG2 Bologna, Italy 1966 Private
Uhlmann Group 10. Uhlmann Group Laupheim, Germany 1948 Private
Accutek Packaging 11. Accutek Packaging Vista, USA 1989 Private
Bausch + Ströbel 12. Bausch + Ströbel Ilshofen, Germany 1967 Private
Busch Machinery 13. Busch Machinery Tucson, USA 1996 Private
TRUSTAR Pharma 14. TRUSTAR Pharma Wenzhou, China 2006 Private
AST 15. AST Tacoma, USA 2006 Private
Harro Höfliger 16. Harro Höfliger Allmersbach im Tal, Germany 1975 Private
Dara Pharma 17. Dara Pharma Barcelona, Spain 1996 Private
Vanguard 18. Vanguard Spring, USA 1997 Private
Truking 19. Truking Changsha, China 2000 Private
ACIC 20. ACIC Brantford, Canada 1973 Private
Duke Tech. 21. Duke Tech. Bhuvaldi, India 2009 Private
Research Methodology

If your company is recognised in this Quadrant, Leverage this ranking using our Marketing Kit.

If your company is recognised in this Quadrant, Leverage this ranking using our Marketing Kit.

Pharmaceutical Packaging Equipment

360 Quadrants

360 Quadrants is a New Economy Quadrant focused on celebrating companies shaping the future

360 Quadrants

360 Quadrants is a New Economy Quadrant focused on celebrating companies shaping the future

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