Pharmaceutical Packaging Industry is Witnessed to Hit The Value Of USD 117,007.30 Million 2021
Pharmaceutical Packaging Industry Data Book Covers Plastic Pharmaceutical Packaging, Parenteral Containers, Primary Pharmaceutical Packaging and Pharmaceutical Contract Packaging Markets.
The economic value generated by the pharmaceutical packaging industry was estimated at approximately USD 117,007.3 million in 2021.
Grand View Research’s pharmaceutical packaging industry databook is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research along with a statistics e-book.
Pharmaceutical Contract Packaging Market Insights
The global pharmaceutical contract packaging market size to be valued at USD 47.7 billion by 2027 and is expected to grow at a compound annual growth rate (CAGR) of 7.1% during the forecast period.
The primary packaging segment accounted for the largest revenue share of 40.2% and anticipated to witness higher growth in 2019. The segment is anticipated to dominate the pharmaceutical contract packaging market over the forecast period owing to the increasing outsourcing of primary packaging activities due to a lack of in-house capacities and capabilities.
The bottles segment is the largest segment in the primary packaging market owing to the growing requirement of pharmaceutical bottles market worldwide and increasing adoption of pharmaceutical bottles for unit dose packaging particularly from high demand regions such as the Asia Pacific.
The glass segment held the largest revenue share of 37.6% in 2019 as most of the midsized and small pharmaceutical companies do not have the glass wrapping capabilities. In addition, low-cost service offerings by the CPOs and CDMOs for pharmaceutical glass wrapping are expected to drive the market.
The plastics and polymers segment is anticipated to witness a CAGR 8.0% over the forecast period owing to the growing demand for the plastic packaging industry in pharmaceuticals for the storage and delivery of medicines. In addition, the increasing complexity of plastic packaging requirements as more innovative products are brought to market is increasing the partnerships between pharmaceutical companies and CPOs in the industry.
Access the Global Pharmaceutical Packaging Industry Data Book, 2022 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competition benchmarking, macro-environmental analyses, and regulatory & technological framework studies
Pharmaceutical Packaging Market – Global Industry Segmentation
Plastic Pharmaceutical Packaging Market Size & Forecasts, by Material, 2019 - 2030 Revenue (USD Million)
- Polyvinyl Chloride
- Polypropylene
- PET
- PE
- PS
- Others
Plastic Pharmaceutical Packaging Market Size & Forecasts, by Type, 2019 - 2030 Revenue (USD Million)
- Flexible
- Rigid
Parenteral Containers Market Size & Forecasts, by Material, 2019 - 2030 Revenue (USD Million)
- Glass
- Plastic
Parenteral Containers Market Size & Forecasts, by Product, 2019 - 2030 Revenue (USD Million)
- Plasticizers
- Syringes
- Vials & Ampoules
- Cartridges & Bottles
Primary Pharmaceutical Packaging Market Size & Forecasts, by Function, 2019 - 2030 Revenue (USD Million)
- Plastic Bottles
- Caps & Closures
- Parenteral Containers
- Blister Packs
- Prefillable Inhalers
- Pouches
- Medication Tubes
- Others
Pharmaceutical Contract Packaging Market Size & Forecasts, by Type, 2019 - 2030 Revenue (USD Million)
- Primary
- Secondary
- Tertiary
Pharmaceutical Contract Packaging Market Size & Forecasts, by Product, 2019 - 2030 Revenue (USD Million)
- Bottles
- Vials
- Ampoules
- Blister Packs
- Others
Order your copy of the Free Sample of “Pharmaceutical Packaging Industry Data Book - Plastic Pharmaceutical Packaging, Parenteral Containers, Primary Pharmaceutical Packaging and Pharmaceutical Contract Packaging Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research
Pharmaceutical Packaging Industry Data Book Regional Outlook
- North America
- U.S.
- Canada
- Mexico
- Europe
- U.K.
- Germany
- France
- Italy
- Spain
- Russia
- Asia Pacific
- China
- Japan
- India
- South Korea
- Central & South America
- Brazil
- Argentina
- Middle East & Africa (MEA)
- Egypt
Pharmaceutical Packaging Industry Data Book Competitive Landscape
The global pharmaceutical packaging market is highly fragmented with the presence of large and medium-sized international companies as well as small-sized domestic players.
Key players operating in the pharmaceutical packaging industry are –
- Amcor plc
- Becton
- Dickinson and Company
- AptarGroup, Inc.
- Drug Plastics Group
- Gerresheimer AG
- Schott AG
- Owens Illinois Inc.
- SGD Pharma
- West Pharmaceutical Services, Inc.
- Berry Global Inc.
- WestRock Company
- Comar
- LLC
- Vetter Pharma International.
Go through the table of content of Pharmaceutical Packaging Industry Data Book to get a better understanding of the Coverage & Scope of the study
About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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