Pharmaceutical Packaging Market Size, Share, Growth & Global Industry Report, 2023-2030
Analysts at GMI Research estimates that the Pharmaceutical Packaging Market was worth USD 118.4 billion in 2022, and forecast to touch USD 250.1 billion in 2030, growing at a CAGR of 9.8% from 2023-2030.
Pharmaceutical Packaging Market Overview
Pharmaceutical packaging allows the containment of pharmaceutical products from production in a unit until its use. Pharmaceutical packaging plays a major role in providing life-saving drugs, blood products, surgical devices, nutraceuticals, antiseptic powders, etc. Evolving packaging solutions act as a major contributor to the pharmaceutical industry. The recent advancements in packaging like printing ink technology, RFID, etc., has propelled the industry.
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Major Pharmaceutical Packaging Market Drivers
Rising incidences of chronic and non-chronic diseases aided by the changing eating patterns and lifestyle have increased the demand for pharmaceutical packaging products across developing and developed countries, which stands to be a major factor fueling the global pharmaceutical packaging market. According to the “Diabetes Research and Clinical Practice”, diabetic cases are projected to reach 10.2% by the end of 2030 from 9.3% in 2019, which is predicted to expand the market growth. Growing demand for technologically advanced products such as self-monitoring drug delivery devices primarily across the US, Japan, and UK is forecast to augment the market growth. In addition, as per the Pharmaceutical Packaging Market report, the increasing emphasis on brand improvement and product differentiation by pharmaceutical companies and intensified government strategies to reinforce healthcare facilities and insurance coverage will boost the market growth. In addition, ongoing innovations in the pharmaceutical packaging industry like printing ink technology, RFID and child resistance packaging is forecast to bolster the Pharmaceutical Packaging Market size. Increasing penetration of retail pharmacies in emerging economies and the increasing adoption of pharmaceutical packaging to store syrups, capsules, and topical drugs will expand the Pharmaceutical Packaging Market share. Moreover, growing emphasis of companies on developing packaging from compostable material to ensure sustainability will offer enormous opportunities for the market.
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Container – Segment Analysis
Based on the container, the plastic segment is expected to dominate in the global pharmaceutical packaging industry over the forecast period. Solid doses of the counter medicines are sold in large quantities in plastic bottles as they are comparatively cost-effective than glass and fewer chances of bottle breakage or damage, and they are also chemically inert and resistant to corrosion.
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Regional – Segment Analysis:
Based on the region, North America region is expected to dominate the global pharmaceutical packaging industry over the forecast period. North America has the biggest pharma sector across the globe, this is due to the strong presence of the big-pharma companies like Pfizer Inc., F. Hoffmann-La Roche Ltd., Novartis AG, Merck KGaA etc. which has boosted North America’s pharmaceutical packaging industry.
Top Market Players
Various notable players operating in the market, include, Pfizer Inc, F. Hoffmann-La Roche Ltd., Novartis AG, Merck KGaA, ALPLA, ARDAGH GROUP S. A., Constantia Flexibles, CCL Industries., SGD Pharma, Schott AG, Silgan Holdings Inc., among others.
Key Developments:
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- In 2021, Gerresheimer designed a new platform for on body infusion pump “SensAIR”, that will provide drugs of high density. The platform is easy to use and helps in self determination of medication.
- In 2020, Berry Global launched new oval tube at facility in United States. These oval tubes are used for variety of products other than healthcare such as beauty, personal care or homecare.
- In 2019, Schott developed Everic vials for packaging of small volumes of sensitive drugs. This product offers quality fill and finish and is highly suitable for high potent drugs such as biologics.
Segments covered in the Report:
The global pharmaceutical packaging market has been segmented based on packaging type, material, containers, and regions. Based on packaging type, the market is segmented into ampoule, vial, bottles and jars, dropper, and aerosol container. Based on material, the market is segmented into corrugated board, paper, glass, plastic, metal, and rubber. Based on containers the market is segmented into glass containers and plastic containers.
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Report Coverage |
Details |
Market Revenues (2022) |
USD 118.4 billion |
Market Base Year |
2022 |
Market Forecast Period |
2023-2030 |
Base Year & Forecast Units |
Revenues (USD billion) |
Market Segment | By Packaging Type, By Material, By Region |
Regional Coverage | Asia Pacific, Europe, North America, and RoW |
Companies Profiled | Pfizer Inc, F. Hoffmann-La Roche Ltd., Novartis AG, Merck KGaA, ALPLA, ARDAGH GROUP S. A., Constantia Flexibles, CCL Industries., SGD Pharma, Silgan Holdings Inc., Schott AG, among others; a total of 11 companies covered. |
25% Free Customization Available | We will customize this report up to 25% as a free customization to address our client’s specific requirements |
Market Segmentation
Global Pharmaceutical Packaging Market by Packaging Type
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- Ampoule
- Vial
- Bottles and Jars
- Dropper
- Aerosol Container
Global Pharmaceutical Packaging Market by Material
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- Corrugated Board
- Paper
- Glass
- Plastic
- Metal
- Rubber
Global Pharmaceutical Packaging Market by Containers
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- Glass Containers
- Plastic Containers
Global Pharmaceutical Packaging Market by Region
-
-
North America Pharmaceutical Packaging Market (Option 1: As a part of the free 25% customization)
- By Packaging Type
- By Material
- By Container
- US Market All-Up
- Canada Market All-Up
-
Europe Pharmaceutical Packaging Market (Option 2: As a part of the free 25% customization)
- By Packaging Type
- By Material
- By Container
- UK Market All-Up
- Germany Market All-Up
- France Market All-Up
- Spain Market All-Up
- Rest of Europe Market All-Up
-
Asia-Pacific Pharmaceutical Packaging Market (Option 3: As a part of the free 25% customization)
- By Packaging Type
- By Material
- By Container
- China Market All-Up
- India Market All-Up
- Japan Market All-Up
- Rest of APAC Market All-Up
-
RoW Pharmaceutical Packaging Market (Option 4: As a part of the free 25% customization)
- By Packaging Type
- By Material
- By Container
- Brazil Market All-Up
- South Africa Market All-Up
- Saudi Arabia Market All-Up
- UAE Market All-Up
- Rest of world (remaining countries of the LAMEA region) Market All-Up
-
Major Players Operating in the Pharmaceutical Packaging (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)
-
- Pfizer Inc
- Hoffmann-La Roche Ltd.
- Novartis AG
- Merck KGaA
- ALPLA
- ARDAGH GROUP S. A.
- Constantia Flexibles
- CCL Industries
- SGD Pharma
- Schott AG
- Silgan Holdings Inc.
Frequently Asked Question About This Report
Pharmaceutical Packaging Market [UP1887-001001]
Various notable players operating in the market, include, Pfizer Inc, F. Hoffmann-La Roche Ltd., Novartis AG, Merck KGaA, ALPLA, ARDAGH GROUP S. A., Constantia Flexibles, CCL Industries., SGD Pharma, Schott AG, Silgan Holdings Inc., among others.
Rising incidences of chronic and non-chronic diseases aided by the changing eating patterns and lifestyle have increased the demand for pharmaceutical packaging products across developing and developed countries, which stands to be a major factor fueling the global pharmaceutical packaging market.
North America region is expected to dominate the global pharmaceutical packaging industry over the forecast period. North America has the biggest pharma sector across the globe, this is due to the strong presence of the big-pharma companies like Pfizer Inc., F. Hoffmann-La Roche Ltd., Novartis AG, Merck KGaA etc. which has boosted North America’s pharmaceutical packaging industry.
- Published Date: Jun - 2023
- Report Format: Excel/PPT
- Report Code: UP1887-001001
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Report is shared with unlimited user (employees) of the purchasing corporation only
The report is used by the purchaser (One Individual) only
Multi-User License:Report is shared with maximum 5 users (employees) including the purchaser of the purchasing corporation only
Corporate License:
Report is shared with unlimited user (employees) of the purchasing corporation only
Pharmaceutical Packaging Market Size, Share, Growth & Global Industry Report, 2023-2030
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