Pharmaceutical Storage And Material Handling Equipment Market Worth 1,597.4 Million USD By 2023


Meticulous Research® – leading global market research company published a research report titled “Pharmaceutical Storage and Material Handling Equipment Market by Type (Transport, Storage, Lifting Equipment, Stack Systems), Mode of Operation (Semi-Automatic, Automatic, Manual), Product Form (Solid, Liquid, Semi Solid), and Geography – Global Forecast to 2023”.
According to this latest publication from Meticulous Research®, the Global Pharmaceutical Storage and Material Handling Equipment Market is expected to grow at a CAGR of 8.6% from 2018 to reach USD 1,597.4 million by 2023.


The growth of this market will be driven by factors such as rapid growth in pharmaceutical market, growing focus towards automation in pharmaceutical industry, increasing focus of manufacturers on the reduction of production cost, government support to promote the pharmaceutical sector, and growing demand of single use systems. Moreover, shift towards the use of robotics and booming pharmaceutical industry in the developing economies further propels the growth of this market. However, need of high initial investment for automated storage and handling systems and demand for refurbished machines hinders the growth of this market to some extent.

The Global Pharmaceutical Storage And Material Handling Equipment Market study presents historical market data in terms of values (2016 and 2017), estimated current data (2018), and forecasts for 2023-by type (transport, storage, lifting equipment, stack systems), mode of operation (semi-automatic, automatic, manual), and product form (solid, liquid, semi solid). The study also evaluates industry competitors and analyzes the market at regional and country level.

Scope of the Report:

Market by Types
·  Transport Systems
·         Conveyor
·         Intermediate Bulk Containers
·         Drum Handler
·         Others
·  Storage Systems
·         Silos
·         Containers and Drums
·         Racking and Shelving Systems
·         Others
·  Lifting and Positioning Systems
·         Cranes
·         Hoists
·         Lift Tables
·         Others
·  Stacking and Unit Formation Systems
·         Pallets
·         Crates
·         Palletizers
·         Others
Market by Mode of Operation
·         Semi-automatic
·         Automatic
·         Manual
Market by Product Form
·         Solid
·         Liquid
·         Semi-solid
Market by Geography
·   North America
·         U.S.
·         Canada
·   Europe
·         Switzerland
·         Germany
·         Italy
·         France
·         U.K.
·         Ireland
·         Rest of Europe (RoE)
·  Asia-Pacific (APAC)
·         China
·         Japan
·         India
·         Rest of APAC (RoAPAC)
·  Rest of World
·         Latin America
·         Middle East and Africa




About Meticulous Research®
MeticulousResearch® is 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 Middle East & Africa.

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