Pharmaceutical Packaging Market Expected To Witness Substantial Growth Due To Rising Demand For Pharmaceuticals From Emerging Economies By 2025: Grand View Research Inc.

“Grand View Research, Inc. – Market Research And Consulting.”
According to report published by Grand View Research,The global pharmaceutical packaging market is expected to reach USD 158.8 billion by 2025.The growing demand for pharmaceuticals coupled with increased emphasis on product packaging is expected to drive market growth.

The global pharmaceutical packaging market is expected to reach USD 158.8 billion by 2025, according to a new report by Grand View Research, Inc. The growing demand for pharmaceuticals coupled with increased emphasis on product packaging is expected to drive market growth.

Pharmaceutical packaging market comprises wide array of products. The demand for these products is expected to grow rapidly on account of fortification of medicines and drugs against exterior impacts. However, the packaging materials and products need to bear the brunt of stringent government regulations and growing market for counterfeit pharmaceuticals. Counterfeit pharmaceuticals are expected to pose a major threat to manufacturers.

North America is a dominant region in the market backed by thriving pharmaceutical industry and rapid new product introduction. Asia Pacific is anticipated to grow rapidly on account of rising pharmaceutical manufacturing in China and India. The growing trend of contract packaging in the pharmaceutical industry is expected to further augment market growth in Asia Pacific.

Access Full Research Report On Pharmaceutical Packaging Market Analysis: www.grandviewresearch.com/industry-analysis/pharmaceutical-packaging-market

Germany pharmaceutical packaging market, by material, 2014 – 2025 (USD Billion)

Germany pharmaceutical packaging market, by material, 2014 - 2025 (USD Billion)

Further key findings from the report suggest:

  • Aluminum foil material segment is projected to grow at a CAGR of 7.2% from 2017 to 2025 owing to rising demand for packaging of special purpose drugs.

  • Paper and paperboard is the second largest product segment and is expected to reach USD 40.83 billion by 2025 due to growing demand in secondary packaging products.

  • Blister packs in the primary pharmaceutical packaging product category is expected to grow at a CAGR of 9.2% from 2017 to 2025 on account of growing demand in oral drugs.

  • The market share of Asia Pacific is expected to reach 33% in 2025 owing to growing demand for pharmaceuticals and presence of large number of plastic manufacturers

  • The Middle East & Africa region is expected to grow at a CAGR of 5.6% from 2017 to 2025 backed by growing demand for medicines in Tanzania, Nigeria and South Africa.

  • The market is highly dispersed due to the presence of a large number of small and large manufacturers

Browse More Reports Of This Category By Grand View Research At: www.grandviewresearch.com/industry/pharmaceuticals

Global pharmaceutical packaging market, by end-use, 2016 (%)

Global pharmaceutical packaging market, by end-use, 2016 (%)

Grand View Research has segmented the global pharmaceutical packaging market on the basis of material, product, end-use and region:

Pharmaceutical Packaging Material Outlook (Revenue, USD Billion, 2014 – 2025)

  • Plastics & Polymers

    • HDPE

    • Polyester

    • LDPE

    • PVC

  • Paper & Paperboard

  • Glass

  • Aluminum Foil

  • Others

Pharmaceutical Packaging Product Outlook (Revenue, USD Billion, 2014 – 2025)

  • Primary Packaging

    • Plastic Bottles

    • Caps & Closures

    • Parenteral Containers

    • Blister Packs

    • Prefillable Inhalers

    • Pouches

    • Medication Tubes

    • Others

  • Secondary Packaging

    • Prescription Containers

    • Pharmaceutical Packaging Accessories

  • Tertiary Packaging

Pharmaceutical Packaging End-use Outlook (Revenue, USD Billion, 2014 – 2025)

  • Pharmaceutical Manufacturing

  • Contract Packaging

  • Retail Pharmacy

  • Institutional Pharmacy

  • Others

Pharmaceutical Packaging Regional Outlook (Revenue, USD Billion, 2014 – 2025)

  • North America

    • U.S.

  • Europe

    • Germany

    • France

  • Asia Pacific

    • China

    • India

    • Japan

  • Central & South Africa

    • Brazil

  • Middle East & Africa

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About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

For more information: www.grandviewresearch.com

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