Market Overview:
The global pharmaceutical packaging market is experiencing significant growth, driven by a confluence of factors including the expanding pharmaceutical industry, rising geriatric population, increasing prevalence of chronic diseases, and technological advancements in packaging solutions. The market is projected to reach a substantial USD 238.89 billion by 2030, growing at a healthy CAGR of 9.9% during the forecast period.
This growth trajectory reflects the critical role of pharmaceutical packaging in ensuring drug safety, efficacy, and patient compliance. As the pharmaceutical industry continues to evolve, so too does the demand for innovative and sustainable packaging solutions.
Competitive Insight:
Some of the major players operating in the global market include Amcor Plc, Aptargroup, Inc., Becton, Dickinson and Company, Berry Global Inc., Catalent, Inc., CCL Industries, Inc., Comar, LLC, Drug Plastics Group, Gerresheimer AG, International Paper, Nipro Corporation, Owens Illinois Inc., Schott AG, Silgan Holdings Inc., Stevanato Group, Vetter Pharma International, West Pharmaceutical Services, Inc., and Westrock Company.
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Pharmaceutical Packaging Market, Material Outlook (Revenue – USD Billion, 2018 – 2030)
- Plastics & Polymers
- Polyvinyl Chloride
- Polypropylene
- PET
- PE
- PS
- Others
- Paper & Paperboard
- Glass
- Aluminum Foil
- Others
Pharmaceutical Packaging Market, Product Outlook (Revenue – USD Billion, 2018 – 2030)
- Primary
- Plastic Bottles
- Caps & Closures
- Parenteral Containers
- Blister Packs
- Prefillable Inhalers
- Pouches
- Medication Tubes
- Others
- Secondary
- Prescription Containers
- Pharmaceutical Packaging Accessories
- Tertiary
Pharmaceutical Packaging Market, End-Use Outlook (Revenue – USD Billion, 2018 – 2030)
- Pharma Manufacturing
- Contract Packaging
- Retail Pharmacy
- Institutional Pharmacy
The research study includes segmental analysis that divides the market into distinct groups or segments based on common characteristics. With market segmentation, businesses can identify specific customer groups that are more likely to be interested in specific products or services. Also, it enables these businesses to focus their marketing efforts and resources more efficiently, leading to higher conversion rates and improved return on investment. Furthermore, segmentation analysis helps companies develop personalized products or services, which can result in increased customer loyalty and improved customer satisfaction.
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https://www.polarismarketresearch.com/industry-analysis/pharmaceutical-packaging-market
Table of Contents:
- Global Pharmaceutical Packaging Market Insights
- Pharmaceutical Packaging β Industry Snapshot
- Pharmaceutical Packaging Market Dynamics
- Drivers and Opportunities
- Growing healthcare & pharmaceutical industry
- Increasing demand for primary pharmaceutical packaging
- Restraints and Challenges
- Rising overall packaging cost
- Drivers and Opportunities
- Porterβs Five Forces Analysis
- Bargaining Power of Suppliers (Moderate)
- Threats of New Entrants: (Low)
- Bargaining Power of Buyers (Moderate)
- Threat of Substitute (Moderate)
- Rivalry among existing firms (High)
- PESTEL Analysis
- Pharmaceutical Packaging Market Industry Trends
- Value Chain Analysis
- COVID-19 Impact Analysis
- Global Pharmaceutical Packaging Market, by Material
- Key Findings
- Introduction
- Global Pharmaceutical Packaging Market, by Material, 2018 – 2030 (USD Billion)
- Plastics & Polymers
- Global Pharmaceutical Packaging Market, by Plastics & Polymers, by Region, 2018 – 2030 (USD Billion)
- Polyvinyl Chloride
- Global Pharmaceutical Packaging Market, by Polyvinyl Chloride, by Region, 2018 – 2030 (USD Billion)
- Polypropylene
- Global Pharmaceutical Packaging Market, by Polypropylene, by Region, 2018 – 2030 (USD Billion)
- PET
- Global Pharmaceutical Packaging Market, by PET, by Region, 2018 – 2030 (USD Billion)
- PE
- Global Pharmaceutical Packaging Market, by PE, by Region, 2018 – 2030 (USD Billion)
- PS
- Global Pharmaceutical Packaging Market, by PS, by Region, 2018 – 2030 (USD Billion)
- Others
- Global Other Pharmaceutical Packaging Market, by Region, 2018 – 2030 (USD Billion)
- Paper & Paperboard
- Global Pharmaceutical Packaging Market, by Paper & Paperboard, by Region, 2018 – 2030 (USD Billion)
- Glass
- Global Pharmaceutical Packaging Market, by Glass, by Region, 2018 – 2030 (USD Billion)
- Aluminum Foil
- Global Pharmaceutical Packaging Market, by Aluminum Foil, by Region, 2018 – 2030 (USD Billion)
- Others
- Global Other Pharmaceutical Packaging Market, by Region, 2018 – 2030 (USD Billion)
- Global Pharmaceutical Packaging Market, by Product
- Key Findings
- Introduction
- Global Pharmaceutical Packaging Market, by Product, 2018 – 2030 (USD Billion)
- Primary
- Global Pharmaceutical Packaging Market, by Primary, by Region, 2018 – 2030 (USD Billion)
- Plastic Bottles
- Global Pharmaceutical Packaging Market, by Plastic Bottles, by Region, 2018 – 2030 (USD Billion)
- Caps & Closures
- Global Pharmaceutical Packaging Market, by Caps & Closures, by Region, 2018 – 2030 (USD Billion)
- Parenteral Containers
- Global Pharmaceutical Packaging Market, by Parenteral Containers, by Region, 2018 – 2030 (USD Billion)
- Blister Packs
- Global Pharmaceutical Packaging Market, by Blister Packs, by Region, 2018 – 2030 (USD Billion)
- Prefillable Inhalers
- Global Pharmaceutical Packaging Market, by Prefillable Inhalers, by Region, 2018 – 2030 (USD Billion)
- Pouches
- Global Pharmaceutical Packaging Market, by Pouches, by Region, 2018 – 2030 (USD Billion)
- Medication Tubes
- Global Pharmaceutical Packaging Market, by Medication Tubes, by Region, 2018 – 2030 (USD Billion)
- Others
- Global Other Pharmaceutical Packaging Market, by Region, 2018 – 2030 (USD Billion)
The expansion of the healthcare & pharmaceutical industry, rising population, high expectancy rate, emerging trend of adopting a healthy lifestyle, rising government initiatives, increasing consumer awareness regarding a good healthcare system are the factors contributing to the growth of the market. The rising awareness of sustainable packing among consumers is creating a lucrative opportunity for big industry players such as Amcor plc, WestRock company, International Paper, Berry Global, Silgan Holding, etc., to expand their presence in the global market by developing and offering a varied range of sustainable packing solutions.
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