Pharmaceutical Packaging Market Growth, Size, Trends, Revenue, Challenges and Future Outlook
Pharmaceutical Packaging Market Size- By Product Type, By Material, By Packaging Type, By Drug Delivery Mode, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Feb-2020 | Report ID: CHEM2006 | Pages: 1 - 214 | Formats*: |
| Category : Chemical & Materials | |||
Pharmaceutical Packaging Market Introduction and Overview
According to SPER Market Research, the Global Pharmaceutical Packaging Market is estimated to reach USD 170.62 billion by 2033 with a CAGR of 5.22%.
The report includes an in-depth analysis of the Global Pharmaceutical Packaging Market, including market size and trends, product mix, distribution channels, and supplier analysis. Pharmaceutical packaging involves the use of suitable materials, containers, and packaging technology to divide, seal, pack, and label semi-finished or finished pharmaceutical products. Its purpose is to ensure quality assurance, identification, trademarks, and product descriptions. There are two perspectives to understand pharmaceutical packaging. From a static perspective, it utilizes relevant materials and containers to package pharmaceuticals effectively. From a dynamic perspective, it employs materials and technical methods for container technology and operation. The role of pharmaceutical packaging can be categorized into inner and outer packaging, serving the functions of protection, convenient application, and product promotion. In summary, pharmaceutical packaging plays a crucial role in ensuring product quality, facilitating usage, and promoting the pharmaceuticals in circulation.
- June 2022: A unique, recyclable laminate with improved chemical resistance qualities has been made available by Constantia Flexibles. This new addition aligns with the principles of "design for recycling" and serves as a safer alternative to chemically harmful substances found in gel compositions and pharmaceutical liquids.
- EcoPositive: A prominent manufacturer of glass and plastic primary packaging for pharmaceutical products, Bormioli Pharma, recently announced the launch of a label called EcoPositive in May 2022. This label encompasses the entire range of the company's sustainable packaging solutions, including recycled glass, plastics, bio-based materials, compostable options, and innovative polymer products.
Market Opportunities and Challenges
For market participants in the pharmaceutical packaging sector, there are both opportunities and difficulties. Population growth, ageing populations, and rising healthcare costs are all contributing to the pharmaceutical industry's continued global expansion. Given that packaging is a crucial part of the sector, this offers the pharmaceutical packaging market a number of major prospects. Additionally, pharmaceutical product safety and effectiveness are receiving more attention. The packaging and labelling requirements set forth by regulatory bodies are strict and include elements like tamper-evident seals and child-resistant containers. This gives packaging makers the chance to build cutting-edge solutions that satisfy these standards.
While regulatory compliance offers opportunity, it also causes difficulties for businesses that provide pharmaceutical packaging. Significant research, development, and testing expenses are needed to guarantee packaging materials fulfil all safety and quality standards in order to comply with complicated and developing laws. Also, products that have been tampered with or are counterfeit are a constant problem for the pharmaceutical business. In order to ensure the authenticity of pharmaceutical items and secure consumers, packaging businesses need to invest in cutting-edge anti-counterfeit procedures.
Market Competitive Landscape
The global pharmaceutical packaging market is characterized by a semi-consolidated competitive landscape, where the top 15 companies hold a significant market share. These industry leaders have made substantial investments in research and development to develop a wide range of products and advanced manufacturing technologies. To achieve growth, market leaders focus on maintaining diversified product portfolios, enhancing operational efficiencies, and developing safe and innovative technologies for pharmaceutical packaging applications. Expansion, new product development, partnerships, and acquisitions are common strategies employed by these companies to expand their regional presence and product offerings. The key players in the Global Pharmaceutical Packaging market include Amcor plc, AptarGroup, Inc., Becton, Dickinson, and Company, Berry Global, Inc., CCL Industries, Inc., Comar, LLC, Drug Plastics Group, Gerresheimer AG, International Paper, Owens Illinois, Inc., Schott AG, SGD Pharma, Vetter Pharma International, West Pharmaceutical Services, Inc., WestRock Company, Others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Product Type, By Material, By Packaging Type, By Drug Delivery Mode, By End User |
| Regions covered | Asia Pacific, Europe, Middle East and Africa, North America, Latin America |
| Companies Covered | Amcor plc, AptarGroup, Inc., Becton, Dickinson, and Company, Berry Global, Inc., CCL Industries, Inc., Comar, LLC, Drug Plastics Group, Gerresheimer AG, International Paper, Owens Illinois, Inc., Schott AG, SGD Pharma, Vetter Pharma International, West Pharmaceutical Services, Inc., WestRock Company, Others |
COVID-19 Impact on Global Pharmaceutical Packaging Market
The COVID-19 pandemic has adversely affected multiple industries, causing disruptions in supply chains and shortages of raw materials. However, West Pharmaceutical Services companies have been exempted from lockdown restrictions due to their essential role in the community. The pharmaceutical industry, responsible for manufacturing healthcare products, remained operational, leading to market growth. Government support for medicines and generic drugs further fueled this growth. Key players in the market responded to the increased demand for packaging COVID-19-related pharmaceutical products by automating their operations. This allowed them to meet the requirements efficiently and effectively.
Key Target Audience:
- Distributors and Wholesalers
- Healthcare Professionals
- Patients and Consumers
- Pharmaceutical Manufacturers
- Pharmacists and Pharmacy Staff
- Regulatory Authorities
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Key Topics Covered in the Report:
- Global Pharmaceutical Packaging Market Size (FY’2023-FY’2033)
- Overview of Global Pharmaceutical Packaging Market
- Segmentation of Global Pharmaceutical Packaging Market By Product Type (Blister Packs, Caps & Closures, Medication Tubes, Parenteral Containers, Plastic Bottles, Pouches, Prefillable Inhalers, Others)
- Segmentation of Global Pharmaceutical Packaging Market By Material (Aluminium Foil, Glass, Paper & Paperboard, Plastics & Polymers, others)
- Segmentation of Global Pharmaceutical Packaging Market By Packaging Type (Primary, Secondary, Tertiary)
- Segmentation of Global Pharmaceutical Packaging Market By Drug Delivery Mode (Nasal Drug Delivery Packaging, Ocular Drug Delivery Packaging, Oral Drug Delivery Packaging, Pulmonary Drug Delivery Packaging, Topical Drug Delivery Packaging, Transdermal Drug Delivery Packaging, Others)
- Segmentation of Global Pharmaceutical Packaging Market By End User (Contract Packaging, Institutional Pharmacy, Pharma Manufacturing, Retail Pharmacy)
- Statistical Snap of Global Pharmaceutical Packaging Market
- Expansion Analysis of Global Pharmaceutical Packaging Market
- Problems and Obstacles in Global Pharmaceutical Packaging Market
- Competitive Landscape in the Global Pharmaceutical Packaging Market
- Impact of COVID-19 and Demonetization on Global Pharmaceutical Packaging Market
- Details on Current Investment in Global Pharmaceutical Packaging Market
- Competitive Analysis of Global Pharmaceutical Packaging Market
- Prominent Players in the Global Pharmaceutical Packaging Market
- SWOT Analysis of Global Pharmaceutical Packaging Market
- Global Pharmaceutical Packaging Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the Global Pharmaceutical Packaging Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Pharmaceutical Packaging Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Pharmaceutical Packaging Market
7. Global Pharmaceutical Packaging Market, By Product Type (USD Million)
7.1. Global Pharmaceutical Packaging Market Value Share and Forecast, By Product Type, 2023-20337.2. Blister Packs7.3. Caps & Closures7.4. Medication Tubes7.5. Parenteral Containers
7.5.1. Syringes7.5.2. Vials & Ampoules7.5.3. Others
7.6. Plastic Bottles7.7. Pouches7.8. Prefillable Inhalers7.9. Others
8. Global Pharmaceutical Packaging Market, By Material (USD Million)
8.1. Global Pharmaceutical Packaging Market Value Share and Forecast, By Material, 2023-20338.2. Aluminium Foil8.3. Glass8.4. Paper & Paperboard8.5. Plastics & Polymers
8.5.1. Polyethylene (PE)8.5.2. Polyethylene Terephthalate (PET)8.5.3. Polypropylene (PP)8.5.4. Polystyrene (PS)8.5.5. Polyvinyl Chloride (PVC)
8.6. Others
9. Global Pharmaceutical Packaging Market, By Packaging Type (USD Million)
9.1. Global Pharmaceutical Packaging Market Value Share and Forecast, By Packaging Type, 2023-20339.2. Primary9.3. Secondary9.4. Tertiary
10. Global Pharmaceutical Packaging Market, By Drug Delivery Mode (USD Million)
10.1. Global Pharmaceutical Packaging Market Value Share and Forecast, By Drug Delivery Mode, 2023-203310.2. Nasal Drug Delivery Packaging10.3. Ocular Drug Delivery Packaging10.4. Oral Drug Delivery Packaging10.5. Pulmonary Drug Delivery Packaging10.6. Topical Drug Delivery Packaging10.7. Transdermal Drug Delivery Packaging10.8. Others
11. Global Pharmaceutical Packaging Market, By End User (USD Million)
11.1. Global Pharmaceutical Packaging Market Value Share and Forecast, By End User, 2023-203311.2. Contract Packaging11.3. Institutional Pharmacy11.4. Pharma Manufacturing11.5. Retail Pharmacy
12. Global Pharmaceutical Packaging Market Forecast, 2019-2033 (USD Million)
12.1. Global Pharmaceutical Packaging Market Size and Market Share
13. Global Pharmaceutical Packaging Market, By Product Type, 2019-2033 (USD Million)
13.1. Global Pharmaceutical Packaging Market Size and Market Share By Product Type (2019-2026)13.2. Global Pharmaceutical Packaging Market Size and Market Share By Product Type (2027-2033)
14. Global Pharmaceutical Packaging Market, By Material, 2019-2033 (USD Million)
14.1. Global Pharmaceutical Packaging Market Size and Market Share By Material (2019-2026)14.2. Global Pharmaceutical Packaging Market Size and Market Share By Material (2027-2033)
15. Global Pharmaceutical Packaging Market, By Packaging Type, 2019-2033 (USD Million)
15.1. Global Pharmaceutical Packaging Market Size and Market Share By Packaging Type (2019-2026)15.2. Global Pharmaceutical Packaging Market Size and Market Share By Packaging Type (2027-2033)
16. Global Pharmaceutical Packaging Market, By Drug Delivery Mode, 2019-2033 (USD Million)
16.1. Global Pharmaceutical Packaging Market Size and Market Share By Drug Delivery Mode (2019-2026)16.2. Global Pharmaceutical Packaging Market Size and Market Share By Drug Delivery Mode (2027-2033)
17. Global Pharmaceutical Packaging Market, By End User, 2019-2033 (USD Million)
17.1. Global Pharmaceutical Packaging Market Size and Market Share By End User (2019-2026)17.2. Global Pharmaceutical Packaging Market Size and Market Share By End User (2027-2033)
18. Global Pharmaceutical Packaging Market, By Region, 2019-2033 (USD Million)
18.1. Global Pharmaceutical Packaging Market Size and Market Share By Region (2019-2026)18.2. Global Pharmaceutical Packaging Market Size and Market Share By Region (2027-2033)18.3. Asia-Pacific18.3.1. Australia18.3.2. China18.3.3. India18.3.4. Japan18.3.5. South Korea18.3.6. Rest of Asia-Pacific18.4. Europe18.4.1. France18.4.2. Germany18.4.3. Italy18.4.4. Spain18.4.5. United Kingdom18.4.6. Rest of Europe18.5. Middle East and Africa18.5.1. Kingdom of Saudi Arabia18.5.2. United Arab Emirates18.5.3. Rest of Middle East & Africa18.6. North America18.6.1. Canada18.6.2. Mexico18.6.3. United States18.7. Latin America18.7.1. Argentina18.7.2. Brazil18.7.3. Rest of Latin America
19. Company Profile
19.1. Amcor plc19.1.1. Company details19.1.2. Financial outlook19.1.3. Product summary19.1.4. Recent developments19.2. AptarGroup, Inc.19.2.1. Company details19.2.2. Financial outlook19.2.3. Product summary19.2.4. Recent developments19.3. Becton, Dickinson, and Company19.3.1. Company details19.3.2. Financial outlook19.3.3. Product summary19.3.4. Recent developments19.4. Berry Global, Inc.19.4.1. Company details19.4.2. Financial outlook19.4.3. Product summary19.4.4. Recent developments19.5. CCL Industries, Inc.19.5.1. Company details19.5.2. Financial outlook19.5.3. Product summary19.5.4. Recent developments19.6. Comar, LLC19.6.1. Company details19.6.2. Financial outlook19.6.3. Product summary19.6.4. Recent developments19.7. Drug Plastics Group19.7.1. Company details19.7.2. Financial outlook19.7.3. Product summary19.7.4. Recent developments19.8. Gerresheimer AG19.8.1. Company details19.8.2. Financial outlook19.8.3. Product summary19.8.4. Recent developments19.9. International Paper19.9.1. Company details19.9.2. Financial outlook19.9.3. Product summary19.9.4. Recent developments19.10. Owens Illinois, Inc19.10.1. Company details19.10.2. Financial outlook19.10.3. Product summary19.10.4. Recent developments19.11. Schott AG19.11.1. Company details19.11.2. Financial outlook19.11.3. Product summary19.11.4. Recent developments19.12. SGD Pharma19.12.1. Company details19.12.2. Financial outlook19.12.3. Product summary19.12.4. Recent developments19.13. Vetter Pharma International19.13.1. Company details19.13.2. Financial outlook19.13.3. Product summary19.13.4. Recent developments19.14. West Pharmaceutical Services, Inc19.14.1. Company details19.14.2. Financial outlook19.14.3. Product summary19.14.4. Recent developments19.15. WestRock Company19.15.1. Company details19.15.2. Financial outlook19.15.3. Product summary19.15.4. Recent developments19.16. Others
20. List of Abbreviations
21. Reference Links
22. Conclusion
23. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Pharmaceutical Packaging Market is projected to reach USD 170.62 billion by 2033, growing at a CAGR of 5.22% during the forecast period.
Pharmaceutical Packaging Market grew in market size from 2023. The Market is expected to reach USD 170.62 billion by 2033, at a CAGR of 5.22% during the forecast period.
Pharmaceutical Packaging Market CAGR of 5.22% during the forecast period.
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Pharmaceutical Packaging Market size is USD 170.62 billion from 2023 to 2033.
Pharmaceutical Packaging Market Segment is Covered By Product Type, By Material, By Packaging Type, By Drug Delivery Mode, By End User
The North America region is anticipated to have the highest market share in Pharmaceutical Packaging Market.
The key players in the market include Companies Covered Amcor plc, AptarGroup, Inc., Becton, Dickinson, and Company, Berry Global, Inc., CCL Industries, Inc., Comar, LLC, Drug Plastics Group, Gerresheimer AG, International Paper, Owens Illinois, Inc., Schott AG, SGD Pharma, Vetter Pharma International, West Pharmaceutical Services, Inc., WestRock Company, Others
The global pharmaceutical packaging market is characterized by a semi-consolidated competitive landscape, where the top 15 companies hold a significant market share.
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