Pharmaceutical Packaging Market Business Growth, Regional Trends, Sales Revenue, Size, Development Status, Key Players Analysis And Comprehensive Research Study Till 2025

The global pharmaceutical packaging market was valued at US$ 70.87 Bn in 2016, and is expected to reach US$ 130.73 Bn by 2025, expanding at a CAGR of 8.8% from 2017 to 2025.

According to the latest report published by Credence Research, Inc. “Pharmaceutical Packaging Market– Growth, Future Prospects and Competitive Analysis, 2017-2025,” the global pharmaceutical packaging market was valued at US$ 70.87 Bn in 2016, and is expected to reach US$ 130.73 Bn by 2025, expanding at a CAGR of 8.8% from 2017 to 2025.

Market Insights

Global pharmaceutical packaging market comprises study of all the materials used for packaging of the pharmaceuticals. The global market includes the packaging carried out by the manufacturing companies as well as drugs packed on the contract basis. Numerous materials are utilized for the packaging of the drugs including plastics, polymers, paper, glass, aluminum foil. Due to the increasing global disease burden, manufacturing of the pharmaceuticals is rising, which leads to the growth of global pharmaceutical packaging material.

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Browse the full report Pharmaceutical Packaging Market – Growth, Future Prospects and Competitive Analysis, 2017-2025 at https://www.credenceresearch.com/report/pharmaceutical-packaging-market

Increased research & development for the novel and innovative packaging materials, increased healthcare expenditure by the government, growth in generic drugs market and demand for eco-friendly and reusable packaging materials are some of the factors that are driving the market. Other driving factors include the establishment of new pharmaceutical manufacturing plants in developing countries and increase in trend of contract packaging. Growing cost of raw materials used in pharmaceutical packaging hinders the global pharmaceutical packaging market.

Based on their types, the global pharmaceutical packaging market is segmented into ampules, blister packs, canisters, cartridges, IV bags, medical specialty bags, mini-jars, plastic bottles, pouches, sachets, syringes, tubes, vials and others. In terms of market value, plastic bottles segment leads the market followed by blister packs and pouches. On the basis of types of material, the global pharmaceutical packaging market is segmented into plastics & polymer, glass, aluminum foil, paper & paperboard, and others. Plastics segment leads the global market due to the preference of plastics over other segments of the market.

Based on drug delivery method, the global pharmaceutical packaging market is segmented into oral drug packaging, pulmonary drug packaging, transdermal drug packaging, injectable drug packaging, nasal drug packaging and others. Oral drug packaging segment dominates the global pharmaceutical packaging market and is expected to maintain its dominance in the forecast period.

On the basis of geographical regions, the global pharmaceutical packaging is categorized into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. In terms of market value, North America dominates the global pharmaceutical packaging market. According to the market analysis, North America is expected to maintain its dominance in the forecast year. Asia Pacific market segment is escalating due to improved healthcare services in the region. As the market is highly fragmented due to the presence of many manufacturing companies, there is no clear market leader. Some of the key players include Amcor, Ltd., Aptar Group, Inc., Baxter International, Inc., Becton Dickinson and Company, Bemis Healthcare Packaging, Berry Plastics Corporation, Capsugel, Inc., Gerresheimer AG, Graphic Packaging Group, MeadWestvaco Corporation, Owens-Illinois, RPC Group, Schott Pharmaceuticals Services, Inc., Sealed Air Corporation, Westrock and Catalent Pharma Solutions, Inc.

ToC:

Chapter 1. Preface
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase III-Expert Panel Review
1.2.4. Assumptions

Chapter 2. Executive Summary
2.1. Global Pharmaceutical Packaging Market Portraiture
2.1.1. Global Pharmaceutical Packaging Market, by Type, 2016 (US$ Bn)
2.1.2. Global Pharmaceutical Packaging Market, by Material, 2016 (US$ Bn) 
2.1.3. Global Pharmaceutical Packaging Market, by Drug Delivery Method, 2016 (US$ Bn)
2.1.4. Global Pharmaceutical Packaging Market, by Geography, 2016 (Value %)

Chapter 3. Pharmaceutical Packaging Market: Market Dynamics and Outlook
3.1. Market Definition and Overview
3.2. Drivers
3.3. Challenges
3.4. Opportunities
3.5. Attractive Investment Proposition, by Geography
3.6. Value Chain Analysis
3.7. Porter’s Five Forces Model
3.8. Competitive Landscape
3.8.1. Competitive Landscape, by Key Players, 2016

…………………………toc continued

Browse the full report Pharmaceutical Packaging Market – Growth, Future Prospects and Competitive Analysis, 2017-2025 at https://www.credenceresearch.com/report/pharmaceutical-packaging-market

 

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Pharmaceutical packaging (or drug packaging) is the packages and the packaging processes for pharmaceutical preparations. It involves all of the operations from production through drug distribution channels to the end consumer.

Pharmaceutical packaging is highly regulated but with some variation in the details, depending on the country of origin or the region. Several common factors can include: assurance of patient safety, assurance of the efficacy of the drug through the intended shelf life, uniformity of the drug through different production lots, thorough documentation of all materials and processes, control of possible migration of packaging components into the drug, control of degradation of the drug by oxygen, moisture, heat, etc., prevention of microbial contamination, sterility, etc. Packaging is often involved in dispensing, dosing, and use of the pharmaceutical product. Communication of proper use and cautionary labels are also regulated. Packaging is an integral part of pharmaceutical product.-wikipedia”

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