Uploaded on Nov 1, 2021
The growth of the global pharmaceutical packaging market is attributed to increase in product innovations and merger & acquisition to support new demands majorly drives the market growth. Furthermore, surge in emerging generic drug market and, rapidly growing drug delivery market, and increase in R&D and use of innovative packaging further contribute toward the growth of the market
Pharmaceutical Packaging Market 2027: Expeditious Growth Expected In Coming Years – Claims Allied Market Research
Pharmaceutical Packaging Market 2027:
Expeditious Growth Expected In Coming
Years – Claims Allied Market Research
Pharmaceutical Packaging Market by Product Type (Parenteral Containers, Plastic Bottles, Blister Packaging, Closures,
Specialty Bags, Labels, and Others), Material (Glass, Aluminum Foils, Plastics and Polymers, Paper & Paperboards, and
Others): Opportunity Analysis and Industry Forecast, 2020–2027
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impeccable forecasts Q1. Which is the most influencing
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Q5. What is the total market value of
pharmaceutical packaging market report ?
Overview
The global pharmaceutical packaging market was
valued at $88,880 million in 2019, and is projected
to reach $144,233 million by 2027, registering a
CAGR of 6.1% from 2020 to 2027.
Pharmaceutical 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.
Segments
In terms of revenue, the global Pharmaceutical Packaging Market
is segmented on the basis of Product, Material type and region.
By Product – The plastic bottles segment is accounted to
dominate the market share in 2019 as plastic bottles have
always been the preferred mode of packaging tablets and
capsules. Wide usage of plastic bottle for packaging liquid
dosages, like syrups, nasal, and ophthalmic medications.
By Material type – Borosilicate glass is the most widely used
material to package vaccines and has been used for more than a
century. Approximately 50 billion borosilicate glass containers
are made annually worldwide for use with a wide variety of
vaccines and treatments.
Geography
North America dominated the Pharmaceutical
Packaging Market. The market growth in North
America is primarily a reflection of product
innovations and launches resulting from
technological advancements. The companies mostly
adopted product launch, acquisition, and expansion
as their key strategies to keep pace with the
changing demands of consumers and strengthen
their market position.
Key Market Players
The key players operating in the global Pharmaceutical Packaging Market are
• Amcor Ltd,
• Aptar Group, Inc.,
• Catalent Inc.,
• CCL Industries Inc.,
• Becton, Dickinson and Company,
• Gerresheimer AG,
• West Pharmaceutical Services, Inc.,
• Nipro Corporation,
• Berry Global Group, Inc.,
• SCHOTT Pharmaceutical Packaging.
• An in-depth market analysis includes analysis of various
regions, which is anticipated to provide a detailed
understanding of the current trends to enable stakeholders
formulate region-specific plans.
Key Findings of the
• A comprehensive analysis of factors that drive and restrain
Surgical Robots the growth of the global is provided.
Market: • The projections in this report are made by analyzing the
current trends and future market potential from 2021 to
2030, in terms of value.
Find out more at the Allied Market Report store
https://www.alliedmarketresearch.com/pharmaceutical-packaging-market
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