The global demand for Pharmaceutical Packaging Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026. Whereas with regards to volume, the market was calculated XX Kilo Tons in 2019 and foreseen to touch XX Kilo Tons by 2026 with a CAGR of XX% during 2020-2026.
In the pharmaceutical industry, the packaging ensures the protection of drugs during the sale, storage, and use. The packaging is one of the critical steps in the pharmaceutical industry. The primary purpose of packaging is physical and chemical protection, containment, and security of drugs. Packaging differs from the form and nature of the product. The pharmaceutical packaging is highly regulated, depending on the country of origin or the region.
The global pharmaceutical packaging market will grow owing to the growing aging population and the burden of diseases. An increase in healthcare spending and therapeutic development are prime factors that will fuel the market’s growth during the forecast period. The rising popularity of reusable and eco-friendly packaging will further amplify the market revenue. The increasing R&D will offer immense innovative and advanced applications to the pharmaceutical & biopharmaceutical industries thereby improving packaging standard. Meanwhile, the price fluctuation of raw materials used in pharmaceutical packaging hinders the growth of the market.
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 inclusive assessment of each application/product segment in the global market of pharmaceutical packaging.
The entire pharmaceutical packaging market has been sub-categorized into product type, drug delivery mode and raw material. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Product Type
By Drug Delivery Mode
- Parenteral Containers
- Plastic Bottles
- Blister Packaging
- Specialty Bags
By Raw Material
- Oral Drugs
- IV Drug
- Plastic & Polymer
- Paper & Paperboard
This section covers regional segmentation which accentuates on current and future demand for pharmaceutical packaging market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Pharmaceutical 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 pharmaceutical packaging market include Aptar Group Inc., Westrock and Catalent Pharma Solutions Inc., Anchor Packaging, Ball Corporation, Amcor Plc. This section includes 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.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.