Pharmaceutical Packaging Market Research Report 2019 published By Market Research Future, provides information on Global Pharmaceutical Packaging Industry Size, Share, Trends, Growth and Opportunity Assessment with Regional Analysis and Segmentation By Material (Plastic, Paper & Paperboard, Glass), Type (Bottle, Aerosol Pack, Tubes, Blister Pack, Sachets), Packaging (Rigid, Flexible, Semi-rigid), Application (Generic Drugs, Branded Drugs, Medical Tools & Equipment, Test Kits, Nutraceuticals), and Region – Forecast till 2023
The global pharmaceutical packaging market is expected to expand at 6.51% CAGRduring the forecast period.
The global pharmaceutical packaging market is expected to witness substantial growth during the forecast period. North America is expected to hold the largest share in the pharmaceutical packaging market due to the growing demand for lightweight and easily transportable packaging. Additionally, the stringent government regulations for pharmaceutical packaging and demand for sustainable packaging solutions in Asia-Pacific and Europe are some of the factors that are expected to drive the pharmaceutical packaging market during the forecast period.
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In 2017, Europe held the second largest market share in the global pharmaceutical packaging market. The region has introduced anti-counterfeiting technologies, such as overt technology, covert technology, and forensic technology for pharmaceutical packaging, which further enhances the on-going packaging methods and techniques by pharmaceutical packaging companies in the region.
The global pharmaceutical packaging market has been segmented on the basis of material, type, application, and packaging. On the basis of material, the global pharmaceutical packaging market is segmented into plastic, paper & paperboard, glass, and others. The plastic segment is expected to dominate the market, due to the increased demand for attractive packages with aesthetic appeal, which helps in the promotion and marketing of the pharmaceutical products.
- Amcor Limited (Australia)
- SCHOTT AG (Germany)
- Owens-Illinois Inc. (US)
- Sonoco Products Company (US)
- West Pharmaceutical Services Inc. (US)
- WestRock Company (US)
- Berry Global Inc. (US)
- CCL Industries Inc. (Canada)
- AVERY DENNISON CORPORATION (US)
- International Paper (US)
- Comar, LLC (US)
- Gerresheimer AG (Germany)
The global pharmaceutical packaging market is segmented based on material, type, and packaging. On the basis of material, the global pharmaceutical packaging market is segmented into plastic, paper & paperboard, glass, and others. The plastic segment is expected to dominate the global market, owing to its barrier properties and chemical inertness. They can be used to create attractive packages with aesthetic appeal, which helps in the promotion and marketing of the pharmaceutical products.
On the basis of type, the global pharmaceutical packaging market is segmented into bottles, aerosol packs, tubes, blister packs, sachets, parenteral vials & ampoules, prefilled syringes, caps and closures, and others. The bottles segment is expected to hold the maximum market share, owing to increasing demand for over-the-counter drugs and oral medicines.
On the basis of packaging, the global pharmaceutical packaging market is segmented into rigid packaging, flexible packaging, and semi-rigid packaging. The rigid packaging segment is expected to hold the maximum market share, due to the protection of the products from biological contamination, physical damage, and external influences that can damage the properties of the products.
On the basis of application, the global pharmaceutical packaging market is segmented into generic drugs, branded drugs, medical tools & equipment, test kits, nutraceuticals, and others. The generic drugs segment is expected to hold the maximum market share. This is because government authorities in regions such as North America and Asia-Pacific are taking efforts to manufacture generic drugs that have similar active ingredients, strengths, dosages, and route of administrations of a brand-name drug.
On the basis of region, the global pharmaceutical packaging market is segmented into North America, Europe, Asia-Pacific (APAC), and the rest of the world.
North America is one of the regions where several major pharmaceutical packaging companies are located. The growth of the market in the region can be attributed to the presence of global market players that are expanding their presence in the region through strategic partnerships with raw material suppliers. For instance, in 2018, Hoffmann Neopac AG, a Switzerland-based manufacturer of primary packaging for pharmaceutical and cosmetics industries, established a new manufacturing plant in the US. Additionally, the growing demand for lightweight and easily transportable packaging is increasing the demand for pharmaceutical packaging in the regional market.
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Key Questions Addressed by the Report
- What was the historic market size (2017)?
- Which segmentation (material /type/ packaging is driving market?
- What will be the growth rate by 2023?
- How are the key players in this market?
- What are the strategies adopted by key players?
List of Tables
Table 1 Market Synopsis
Table 2 List of Assumptions
Table 3 Pharmaceutical Packaging: Macro Factor Indicator Analyses, 2017
Table 4 Research Collaborations by Foreign-affiliated Companies and Japanese Universities/research Institutes
Table 5 Global Pharmaceutical Packaging Market, by Material, 2013–2017 (Usd Million)
Table 6 Global Pharmaceutical Packaging Market, by Material, 2018–2023 (Usd Million)
Table 7 Global Pharmaceutical Packaging Market, by Material, 2013–2017 (Million Units)
Table 8 Global Pharmaceutical Packaging Market, by Material, 2018–2023 (Million Units)
Table 9 Global Pharmaceutical Packaging Market, by Type, 2013–2017 (Usd Million)
Table 10 Global Pharmaceutical Packaging Market, by Type, 2018–2023 (Usd Million)
List of Figures
Figure 1 Global Pharmaceutical Packaging: Market Structure
Figure 2 Research Process of Mrfr
Figure 3 Top-down and Bottom-up Approaches
Figure 4 Market Dynamics: Global Pharmaceutical Packaging Market
Figure 5 Global Spending on Medicines, 2012 and 2017, (Usd Billion)
Figure 6 Percentage (%) of Health Spending, 2016
Figure 7 Drivers Impact Analysis
Figure 8 Global Plastic Waste by Disposal, 2011–2015 (%)
Figure 9 Net Loss of Forest Area, by Countries, 2010–2015 (Thousand Hectare)
Figure 10 Restraints Impact Analysis
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