New York, United States, Nov. 08, 2022 (GLOBE NEWSWIRE) -- Pharmaceutical packaging is used for storing and transporting of medicines while keeping its properties intact until it is consumed. Innovation and product development has always been among the primary driving force of the pharmaceutical industry. This is one of the reasons why the use of technology is the area of focus and investment among leading players of this market. Companies are putting in considerable effort into expanding their facilities and equipping themselves with modern technologies to stay ahead in this market. For instance, in March 2019, Gerresheimer announced its plan of investing in a new plant in Skopje, Macedonia. The plan is expected to start from the second half of 2020. However, recent developments such as Brexit and the coronavirus pandemic is expected to delay its operation.
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COVID-19 Impact Analysis
The global pandemic of COVID-19 will reflect adversely on the availability of raw material for the pharmaceutical market. Plastic and polymers are among the leading packaging types holding a dominant share in this market. The disruption in the supply chain of raw materials in the pharmaceutical packaging market will lead to a decrease in production. For instance, China was among the top exporters of glass bottles, which is one of the dominant end products for storing and transporting medicines. Companies will also have to experiment and speed up product innovation in tandem with a possible vaccine or drug for the coronavirus. This holds significant potential for product development and an increase in the pharmaceutical packaging market, though it will be halted for some time due to the closing of international borders and temporary loss of trade.
Report Scope
| Report Metric | Details |
| Market Size | USD 243.7 Billion by 2030 |
| CAGR | 9.2% (2022-2030) |
| Historical Data | 2019-2020 |
| Base Year | 2021 |
| Forecast Period | 2022-2030 |
| Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Type, Product Type, Raw Material, Drug Delivery Mode, Regions |
| Geographies Covered | North America, Europe, Asia-Pacific, LAME and Rest of the World |
| Key Companies Profiled/Vendors | WestRock Company, Amcor plc, Berry Global, Inc., Gerresheimer AG, AptarGroup, Inc., Schott AG, West Pharmaceutical Services, Inc., Dickinson, and Company, Becton, Nipro Corporation, Catalent, Inc., 3M Company, Plastube Incorporated, Nampak Limited, Hindalco Industries among other players. |
| Key Market Opportunities | Demographic Trends to Fuel Growth for this Market |
| Key Market Drivers | Increased Spendings on Medicines to Drive the Pharmaceutical Packaging Market |
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Regional Analysis
Asia-Pacific will register the highest growth rate in this market, owing to the emerging middle class, along with the increase in investments aimed at improving the healthcare infrastructure. However, the high packaging costs, the erratic regulatory landscape, and the increasing efforts on anti-counterfeiting measures are anticipated to restrict the growth of this market to a certain extent.
Key Highlights
- The global pharmaceutical packaging market size is projected to reach USD 243.7 billion by 2030 at a CAGR of 9.2% from 2022 to 2030.
- Based on type, the market is segmented into cartridges, blister packs, labels and accessories, caps and closures, plastic bottles, pre-fillable syringes, temperature-controlled packaging, pre-filled inhalers, medical specialty bags, pouches and strip packs, vials, ampoules, jars and canisters, and medication tubes.
- Based on product type, it is divided into primary, secondary, and tertiary packaging.
- Due to the simplicity of obtaining the raw ingredients needed to produce the finished product, the plastics and polymers category is predicted to dominate the market.
- Europe to dominate the pharmaceutical packaging market.
Key Players
- WestRock Company, Amcor plc
- Berry Global Inc.
- Gerresheimer AG
- AptarGroup Inc.
- Schott AG
- West Pharmaceutical Services Inc.
- Dickinson and Company
- Becton
- Nipro Corporation
- Catalent Inc.
- 3M Company
- Plastube Incorporated
- Nampak Limited
- Hindalco Industries
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Pharmaceutical Packaging Market: Segmentation
By Type
- Cartridges
- Blister Packs
- Labels and Accessories
- Caps and Closures
- Plastic Bottles
- Pre-fillable Syringes
- Temperature-Controlled Packaging
- Pre-filled Inhalers
- Medical Specialty Bags
- Pouches and Strip Packs
- Vials
- Ampoules
- Jars and Canisters
- Medication Tubes
- Others (Trays, Paperboard Boxes, and Corrugated Boxes)
By Product Type
- Primary Packaging
- Secondary Packaging
- Tertiary Packaging
By Raw Material
- Plastics and Polymers
- Glass
- Metals
- Paper and Paperboards
- Others (Rubber and Steel)
By Drug Delivery Mode
- Oral Drugs
- Pulmonary
- Transdermal
- Injectables
- Topical
- Nasal
- Ocular/ Ophthalmic
- IV Drugs
- Others (targeted drug delivery, carrier-based drug delivery, nanoparticle drug delivery, and genetic transfer)
By Region
- North America
- Europe
- Asia-Pacific
- Central and South America, and the Caribbean
- The Middle East
- Africa
TABLE OF CONTENT
1 Introduction
1.1 Market Definition
1.2 Market Scope
2 Research Methodology
2.1 Primary Research
2.2 Research Methodology
2.3 Assumptions & Exclusions
2.4 Secondary Data Sources
3 Executive Summary
4 Market Overview
4.1 Report Segmentation & Scope
4.2 Value Chain Analysis: Pharmaceutical Packaging Market
4.2.1 Vendor Matrix
4.3 Key Market Trends
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.4 Porter’s Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Environmental & Regulatory Landscape
4.6 Forecast Factors & Relevance of Impact
4.7 Macro-Economic & Geopolitical Scenario
4.8 Parent Market Overview
4.9 Technology Landscape
4.10 Market Share Analysis
4.11 Potential Venture Analysis
4.12 Regional Price Trends
4.13 Raw Material Trends
4.14 Cost Structure Analysis
4.14.1 Labor Cost
4.14.2 Consumables
4.14.3 Maintenance Cost
5 Type Overview
5.1 Introduction
5.1.1 Market Size & Forecast (Value & Volume)
5.2 Cartridges
5.2.1 Market Size & Forecast (Value & Volume)
5.3 Blister Packs
5.3.1 Market Size & Forecast (Value & Volume)
5.4 Labels & accessories
5.4.1 Market Size & Forecast (Value & Volume)
5.5 Caps & closures
5.5.1 Market Size & Forecast (Value & Volume)
5.6 Plastic bottles
5.6.1 Market Size & Forecast (Value & Volume)
5.7 Pre-fillable syringes
5.7.1 Market Size & Forecast (Value & Volume)
5.8 Temperature-controlled packaging
5.8.1 Market Size & Forecast (Value & Volume)
5.9 Vials
5.9.1 Market Size & Forecast (Value & Volume)
5.10 Ampoules
5.10.1 Market Size & Forecast (Value & Volume)
5.11 Others
5.11.1 Market Size & Forecast (Value & Volume)
6 Product Type Overview
6.1 Introduction
6.1.1 Market Size & Forecast (Value & Volume)
6.2 Primary Packaging
6.2.1 Market Size & Forecast (Value & Volume)
6.3 Secondary Packaging
6.3.1 Market Size & Forecast (Value & Volume)
6.4 Tertiary Packaging
6.4.1 Market Size & Forecast (Value & Volume)
7 Raw Material Overview
7.1 Introduction
7.1.1 Market Size & Forecast (Value & Volume)
7.2 Plastics and Polymers
7.2.1 Market Size & Forecast (Value & Volume)
7.3 Glass
7.3.1 Market Size & Forecast (Value & Volume)
7.4 Metals
7.4.1 Market Size & Forecast (Value & Volume)
7.5 Paper and Paperboards
7.5.1 Market Size & Forecast (Value & Volume)
7.6 Others
7.6.1 Market Size & Forecast (Value & Volume)
8 Drug Delivery Mode Overview
8.1 Introduction
8.1.1 Market Size & Forecast (Value & Volume)
8.2 Oral
8.2.1 Market Size & Forecast (Value & Volume)
8.3 Pulmonary
8.3.1 Market Size & Forecast (Value & Volume)
8.4 Transdermal
8.4.1 Market Size & Forecast (Value & Volume)
8.5 InjecTABLE
8.5.1 Market Size & Forecast (Value & Volume)
8.6 Topical
8.6.1 Market Size & Forecast (Value & Volume)
8.7 Nasal
8.7.1 Market Size & Forecast (Value & Volume)
8.8 Ocular/Ophthalmic
8.8.1 Market Size & Forecast (Value & Volume)
8.9 IV Drugs
8.9.1 Market Size & Forecast (Value & Volume)
8.10 Others
8.10.1 Market Size & Forecast (Value & Volume)
9 Regional Overview
9.1 Introduction
9.1.1 Market Size & Forecast (Value & Volume)
9.2 North America
9.2.1 Economic Overview
9.2.2 Market Scenario
9.2.3 The U.S.
9.2.3.1 By Type
9.2.3.2 By Product Type
9.2.3.3 By Raw Material
9.2.3.4 By Drug Delivery Mode
9.2.4 Canada
9.2.4.1 By Type
9.2.4.2 By Product Type
9.2.4.3 By Raw Material
9.2.4.4 By Drug Delivery Mode
9.2.5 Mexico
9.2.5.1 By Type
9.2.5.2 By Product Type
9.2.5.3 By Raw Material
9.2.5.4 By Drug Delivery Mode
9.3 Central and South America, and Caribbean
9.3.1 Economic Overview
9.3.2 Market Scenario
9.3.3 Brazil
9.3.3.1 By Type
9.3.3.2 By Product Type
9.3.3.3 By Raw Material
9.3.3.4 By Drug Delivery Mode
9.3.4 Argentina
9.3.4.1 By Type
9.3.4.2 By Product Type
9.3.4.3 By Raw Material
9.3.4.4 By Drug Delivery Mode
9.3.5 Columbia
9.3.5.1 By Type
9.3.5.2 By Product Type
9.3.5.3 By Raw Material
9.3.5.4 By Drug Delivery Mode
9.3.6 Rest of Central and South America, And Caribbean
9.3.6.1 By Type
9.3.6.2 By Product Type
9.3.6.3 By Raw Material
9.3.6.4 By Drug Delivery Mode
9.4 Europe
9.4.1 Economic Overview
9.4.2 Market Scenario
9.4.3 Germany
9.4.3.1 By Type
9.4.3.2 By Product Type
9.4.3.3 By Raw Material
9.4.3.4 By Drug Delivery Mode
9.4.4 France
9.4.4.1 By Type
9.4.4.2 By Product Type
9.4.4.3 By Raw Material
9.4.4.4 By Drug Delivery Mode
9.4.5 The U.K.
9.4.5.1 By Type
9.4.5.2 By Product Type
9.4.5.3 By Raw Material
9.4.5.4 By Drug Delivery Mode
9.4.6 Italy
9.4.6.1 By Type
9.4.6.2 By Product Type
9.4.6.3 By Raw Material
9.4.6.4 By Drug Delivery Mode
9.4.7 The Rest of Europe
9.4.7.1 By Type
9.4.7.2 By Product Type
9.4.7.3 By Raw Material
9.4.7.4 By Drug Delivery Mode
9.5 Asia-Pacific (APAC)
9.5.1 Economic Overview
9.5.2 Market Scenario
9.5.3 China
9.5.3.1 By Type
9.5.3.2 By Product Type
9.5.3.3 By Raw Material
9.5.3.4 By Drug Delivery Mode
9.5.4 Japan
9.5.4.1 By Type
9.5.4.2 By Product Type
9.5.4.3 By Raw Material
9.5.4.4 By Drug Delivery Mode
9.5.5 India
9.5.5.1 By Type
9.5.5.2 By Product Type
9.5.5.3 By Raw Material
9.5.5.4 By Drug Delivery Mode
9.5.6 Australia
9.5.6.1 By Type
9.5.6.2 By Product Type
9.5.6.3 By Raw Material
9.5.6.4 By Drug Delivery Mode
9.5.7 South Korea
9.5.7.1 By Type
9.5.7.2 By Product Type
9.5.7.3 By Raw Material
9.5.7.4 By Drug Delivery Mode
9.5.8 Rest of APAC
9.5.8.1 By Type
9.5.8.2 By Product Type
9.5.8.3 By Raw Material
9.5.8.4 By Drug Delivery Mode
9.6 The Middle East
9.6.1 Economic Overview
9.6.2 Market Scenario
9.6.3 Saudi Arabia
9.6.3.1 By Type
9.6.3.2 By Product Type
9.6.3.3 By Raw Material
9.6.3.4 By Drug Delivery Mode
9.6.4 The UAE
9.6.4.1 By Type
9.6.4.2 By Product Type
9.6.4.3 By Raw Material
9.6.4.4 By Drug Delivery Mode
9.6.5 Qatar
9.6.5.1 By Type
9.6.5.2 By Product Type
9.6.5.3 By Raw Material
9.6.5.4 By Drug Delivery Mode
9.6.6 Oman
9.6.6.1 By Type
9.6.6.2 By Product Type
9.6.6.3 By Raw Material
9.6.6.4 By Drug Delivery Mode
9.6.7 Turkey
9.6.7.1 By Type
9.6.7.2 By Product Type
9.6.7.3 By Raw Material
9.6.7.4 By Drug Delivery Mode
9.6.8 The Rest of the Middle East
9.6.8.1 By Type
9.6.8.2 By Product Type
9.6.8.3 By Raw Material
9.6.8.4 By Drug Delivery Mode
9.7 Africa
9.7.1 Economic Overview
9.7.2 Market Scenario
9.7.3 Nigeria
9.7.3.1 By Type
9.7.3.2 By Product Type
9.7.3.3 By Raw Material
9.7.3.4 By Drug Delivery Mode
9.7.4 South Africa
9.7.4.1 By Type
9.7.4.2 By Product Type
9.7.4.3 By Raw Material
9.7.4.4 By Drug Delivery Mode
9.7.5 The Rest of Africa
9.7.5.1 By Type
9.7.5.2 By Product Type
9.7.5.3 By Raw Material
9.7.5.4 By Drug Delivery Mode
10 Competitive Landscape — Manufacturers & Suppliers
10.1 Competition Dashboard
10.2 Industry Structure
10.3 WestRock Company
10.3.1 Business Overview
10.3.2 Financial Performance
10.3.3 Recent Developments
10.3.4 Product Portfolio
10.4 Amcor plc
10.4.1 Business Overview
10.4.2 Financial Performance
10.4.3 Recent Developments
10.4.4 Product Portfolio
10.5 Berry Global, Inc.
10.5.1 Business Overview
10.5.2 Financial Performance
10.5.3 Recent Developments
10.5.4 Product Portfolio
10.6 Gerresheimer AG
10.6.1 Business Overview
10.6.2 Financial Performance
10.6.3 Recent Developments
10.6.4 Product Portfolio
10.7 AptarGroup, Inc.
10.7.1 Business Overview
10.7.2 Financial Performance
10.7.3 Recent Developments
10.7.4 Product Portfolio
10.8 Schott AG
10.8.1 Business Overview
10.8.2 Financial Performance
10.8.3 Recent Developments
10.8.4 Product Portfolio
10.9 West Pharmaceutical Services, Inc.
10.9.1 Business Overview
10.9.2 Financial Performance
10.9.3 Recent Developments
10.9.4 Product Portfolio
10.10 Dickinson, and Company
10.10.1Business Overview
10.10.2Financial Performance
10.10.3Recent Developments
10.10.4Product Portfolio
10.11 Becton
10.11.1Business Overview
10.11.2Financial Performance
10.11.3Recent Developments
10.11.4Product Portfolio
10.12 Nipro Corporation
10.12.1Business Overview
10.12.2Financial Performance
10.12.3Recent Developments
10.12.4Product Portfolio
10.13 Catalent, Inc.
10.13.1Business Overview
10.13.2Financial Performance
10.13.3Recent Developments
10.13.4Product Portfolio
10.14 3M Company
10.14.1Business Overview
10.14.2Financial Performance
10.14.3Recent Developments
10.14.4Product Portfolio
10.15 Plastube Incorporated
10.15.1Business Overview
10.15.2Financial Performance
10.15.3Recent Developments
10.15.4Product Portfolio
10.16 Nampak Limited
10.16.1Business Overview
10.16.2Financial Performance
10.16.3Recent Developments
10.16.4Product Portfolio
10.17 Hindalco Industries
10.17.1Business Overview
10.17.2Financial Performance
10.17.3Recent Developments
10.17.4Product Portfolio
11 Conclusion & Recommendation
12 Acronyms & Abbreviations
Table of Content and Figure @ https://straitsresearch.com/report/pharmaceutical-packaging-market/toc
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