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In 2023, key companies like Bausch+Strobel, Harro Hofliger, Korber, Romaco and Schubert Group held a combined market share of 20%-25%. These companies are actively engaging in mergers, acquisitions, facility expansions, and collaborations to enhance their product portfolios, reach more customers, and strengthen their market positions.
Automation, smart packaging, and serialization are driving the pharmaceutical packaging market. Companies offering innovative, automated, and customizable solutions gain a competitive edge. Demand is rising for flexible, scalable packaging systems that handle various product formats, batch sizes, and types. Companies with turnkey solutions featuring modularity and customization stand out. Strong customer support, including installation, training, maintenance, and service, is crucial in the pharmaceutical packaging machinery market.
Major players operating in the pharmaceutical packaging machine industry are: