The Global Pharmaceutical Packaging Market Size was valued at USD 90.2 billion in 2021. The market is projected to grow by USD 144.2 billion in 2028, at a CAGR of 8.9%. Rising health awareness, growing population, the prevalence of chronic diseases, eating habits, and alteration in the sleep cycle can be attributed to the growth of the global pharmaceutical packaging market. Growing awareness of environmental concern due to conventional packaging material and the adoption of latest regulatory standards for recycling of packaging is likely to drive the global pharmaceutical packaging market
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Pharmaceutical packaging refers to the materials used to package medicines, medical devices, and other healthcare products. The packaging is an essential component of the pharmaceutical industry as it helps to protect products from contamination, damage, and tampering, ensuring that they remain safe and effective for use.
Pharmaceutical packaging materials must meet specific requirements, including being sterile, resistant to moisture, light, and oxygen, and easy to open and use. Common packaging materials include plastic containers, glass bottles, blister packs, and pre-filled syringes.
The Pharmaceutical Packaging market has several key players operating in the industry:
Pharmaceutical Packaging Market – Competitive Analysis:
Prominent Companies to Establish Various Corporate Strategies to Aid in Global Expansion. These players are focusing on strategic collaborations and partnerships to expand their market presence and strengthen their product portfolio.
Key Player are covered:
- SCHOTT AG
- Amcor plc
- AptarGroup, Inc.
- West Pharmaceutical Services, Inc.
- Berry Global Inc.
- Gerresheimer AG
- WestRock Company
- Becton, Dickinson U.K. Ltd
- O-I Glass, Inc.
- SGD Pharma
- Comar
SEGMENTATION: The market is segmented based on product type, application, end-user, and region.
By Material
- Plastics
- Paper & Paperboard
- Glass
- Metal
By Product Type
- Bottles
- Blisters
- Caps & Closures
- Syringes
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Regional Outlook:
- North America
- Canada
- Europe
- Germany
- France
KEY INDUSTRY DEVELOPMENTS:
March 2022– Berry Global has partnered with Pylote for the launch of ophthalmic multidose dropper combining high barrier with unique antimicrobial protection properties. This will help avoid the risk of microbial infections for patients.
Why Purchase the Report?
- The report includes information such as market dynamics scenario, opportunities and challenges during the forecast period
- Identify the key regulations prevailing in the market and understand their impact on the market over the forecast period
- Regional, sub-regional, and country-level data include the demand and supply forces along with their influence on the market.
- The competitive landscape comprises a share of key players, offering products, relevant financial information, recent developments, SWOT analysis, and strategies.
- Understand the current market scenario and viability of the global market over the forecast period.
Some of the key questions answered in this report:
- What can we estimate about the anticipated growth rates and also the global Pharmaceutical packaging industry size by 2028?
- What will happen in the coming existing and emerging markets?
- What will the market development pace of market?
- Which are the five top players in the Pharmaceutical packaging market?
- How will the Pharmaceutical packaging market change in the upcoming years?
TABLE OF CONTENTS
- Executive Summary
- Research Methodology
- Market Outlook
- COVID-19 Impact on Pharmaceutical Packaging Market
- Global Pharmaceutical Packaging Market Overview, By Material, 2015 – 2028(USD Million)
——To be continued
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