Meticulous Research®, a renowned market research company, has unveiled a comprehensive study titled, ‘South East Asia Pharmaceutical Processing & Packaging Equipment Market by Mode of Delivery (Oral, Parenteral, Topical), Secondary Packaging (Cartoning, Labelling, Serialization, Wrapping), End-of-Line Packaging (Case Packaging, Palletizing) - Forecast to 2030.’
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This latest report forecasts that the South East Asia pharmaceutical processing and packaging equipment market will surge to a valuation of $1.02 billion by 2030, registering a robust CAGR of 6.2% from 2023 to 2030. The growth trajectory of this market is underpinned by several factors, including the escalating demand for flexible manufacturing, the imperative need to adhere to stringent regulations, the burgeoning trend of contract manufacturing in the pharmaceutical sector, and the expansion of the pharmaceuticals sector, driven by factors such as the burgeoning geriatric population and recent pandemics. However, the preference for refurbished equipment is anticipated to pose a challenge to market growth.
Furthermore, the emergence of pharmaceutical manufacturing hotspots and the burgeoning pharmaceutical research and development (R&D) spending are expected to create lucrative growth opportunities. Nevertheless, the constantly evolving pharmaceutical landscape, marked by changing market demands, presents a notable challenge to market expansion.
Key Players:
The report profiles key players in the South East Asia pharmaceutical processing & packaging equipment market, including JEKSON VISION (India), KIKUSUI SEISAKUSHO LTD. (Japan), Sainty Co (China), ACG (India), Truking Technology Limited (China), ACIC Pharmaceuticals Inc. (Canada), M.A.R. S.p.A. Macchine Automatiche Riempitrici (Italy), Korber AG (Germany), KORSCH AG (Germany), Marchesini Group S.p.A. (Italy), Optel Group (Canada), OPTIMA packaging group GmbH (Germany), and Syntegon Technology GmbH (Germany).
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The South East Asia pharmaceutical processing and packaging equipment market is segmented based on Mode of Drug Delivery [{Oral Formulations, Parenteral Formulations, Topical Formulations, Other Formulations}, Secondary Packaging Equipment Product {Cartoning Equipment, Carton Labeling & Serialization Equipment, Wrapping Equipment, Other Equipment}, End-of-Line Packaging Equipment Product {Case Packaging Equipment, Palletizing & De-palletizing Equipment, Other Equipment}, and Country. The study also evaluates industry competitors and analyzes the country-level markets.
Among the various modes of drug delivery, the oral formulations segment is poised to dominate the market in 2023, owing to its preference over other formulations and its diverse product range, each of which necessitates specific processing and packaging equipment.
In the realm of secondary packaging equipment, the cartoning equipment segment is anticipated to hold the largest share in 2023. Cartons facilitate the easy handling of medications, and their cost-effectiveness and lightweight nature further augment their demand in the market.
Within the domain of end-of-line packaging equipment, the case packaging equipment segment is expected to command the largest share in 2023. This equipment is instrumental in end-of-line packaging, casing cartons in a series, and expediting packaging processes.
Geographic Review
The report offers a comprehensive analysis of markets in Indonesia, Singapore, Thailand, Vietnam, the Philippines, Malaysia, and the Rest of South East Asia. Indonesia is expected to emerge as the dominant player in the South East Asia pharmaceutical processing & packaging equipment market in 2023, driven by the surge in pharmaceutical product demand, increased adoption of secondary packaging equipment, and the growing demand for effective and safe packaging solutions.
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Key questions addressed in the report:
• Which segments exhibit high growth potential in terms of mode of delivery, product types of secondary packaging equipment, end-of-line packaging equipment, and country?
• What is the historical performance of the pharmaceutical processing and packaging equipment market across South East Asia?
• What are the market forecasts and estimates for the period 2023–2030?
• What are the major drivers, restraints, opportunities, and challenges in the South East Asia pharmaceutical processing and packaging equipment market?
• Who are the major players in this market, and what is their competitive landscape?
• What recent developments are shaping the South East Asia pharmaceutical processing and packaging equipment market?
• What strategies are being adopted by major players in this market?
• What are the geographical trends and high-growth countries?


About Meticulous Research®

Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth.
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