The global demand for Oral Drug Packaging Market is presumed to reach the market size of nearly USD XX MN by 2030 from USD XX MN in 2022 with a CAGR of XX% under the study period of 2023 - 2030. Regarding volume, the market was calculated XX Kilo Tons in 2022 and forecast to touch XX Kilo Tons by 2030 with a CAGR of XX% during 2023 - 2030.
Oral drug packaging refers to packaging for tablets, capsules, powders, syrups, and other oral dosage drugs. Oral drugs are generally packed in bottles, blisters, and containers. They preserve, protect & deliver a safe, efficacious drug product at any time point before the expiration date of the drug product, a safe & productive dosage form is available. Oral drug packaging plays a vital role in maintaining chemical and physical stability, compliance, adherence, and proper handling by patients, caregivers, and healthcare professionals.
Market Dynamics
The global oral drug packaging market is forecasted to grow at a robust rate in the forthcoming years. The growing global burden of diseases, the expanding aging population, and easy accessibility to oral drugs are factors steering market growth. Rising chronic diseases and improving the healthcare industry in developing and underdeveloped regions also contribute to market growth. The global oral drug packaging market has skyrocketed since last year due to the COVID-19 outbreak. The market is witnessing new waves with a rise in oral drug product launches and growing approvals by regulatory. However, the market is experiencing hindrance due to the increasing demand for anti-counterfeit drug packaging technologies.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of oral drug packaging. The growth and trends of Oral Drug Packaging Industry provide a holistic approach to this study.
Market Segmentation
This section of the oral drug packaging market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Raw Material
- Plastic
- Paper
- Glass
- Aluminium foil
- Others
By Packaging Type
- Bottle Packaging
- Blister Packaging
- Container Packaging
By Product Form
- Solid Form (Capsules, Chewable Tablets or Lozenges, Powder)
- Liquid Form (Drops, Syrups, Solutions)
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Oral Drug Packaging market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Oral Drug Packaging Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Oral Drug Packaging market include Amcor plc, Gerresheimer AG, Berry Global Inc., Schott AG, AptarGroup Inc., CCL Industries Inc., Ball Corporation, Lonza Group Ltd., IntraPac International LLC, Wihuri Group, and Sonoco Products Company. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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