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Pharmaceutical Storage and Material Handling Equipment Market Share

Report ID: GMI6063
Published Date: Jun 2023
Report Format: PDF

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Pharmaceutical Storage and Material Handling Equipment Market Share

Major market players operating in pharmaceutical storage and material handling equipment market include

Muller Group
GEA Group Aktiengesellschaft
Hanningfield Process Systems Ltd
Servolift GmbH

These industry players majorly adopt various strategies including collaborations, acquisitions, mergers, and partnerships to create a global footprint and sustain market competition.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Pharmaceutical storage and material handling equipment industry share reached USD 4.2 billion in 2022 and will record USD 7.7 billion by 2032 due to the rising focus on automation across the pharmaceutical sector.

The solid dosage form segment exceeded USD 1.7 billion in 2022 driven by the increasing intake of tablets.

North America recorded over 22% of the pharmaceutical storage and material handling equipment market share in 2022 due to the presence of developed supply chain structure and stable economic conditions in the region.

Muller Group, GEA Group Aktiengesellschaft, Hanningfield Process Systems Ltd, and Servolift GmbH are some of the prominent pharmaceutical storage and material handling equipment industry players.