Market Overview:
The global biodegradable pharmaceutical packaging market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for environment-friendly and sustainable packaging solutions across various industries, especially the pharmaceutical industry. In addition, the growing awareness about the benefits of using biodegradable materials over conventional materials is also contributing to the growth of this market. Based on type, small molecule segment is expected to account for a major share of the global biodegradable pharmaceutical packaging market in 2018. This segment is projected to grow at a CAGR of 11% during the forecast period from 2018 to 2030. This growth can be attributed to factors such as rising demand for small molecule drugs and increasing preference for sustainable and environment-friendly packaging solutions among consumers worldwide.
Product Definition:
Biodegradable Pharmaceutical Packaging is a type of packaging that is designed to break down and decompose in the environment. This type of packaging is important because it helps reduce the amount of waste produced by pharmaceuticals.
Small Molecule:
Small molecule is a chemical compound that has between one and four atoms (usually) in its molecular formula. The most common types of small molecules are carbohydrates, fatty acids, amino acids, and proteins. Small molecules can also refer to any drug or medication; however they are usually used as a reference to the various types of drugs/medicines which have molecular formulas similar to that of small molecules (for example: big Pharma).
Large Molecule (Biologics):
Large molecule (biologics) is a drug or a biological product that is made up of one or more linear polymers. The most common types of large molecules are antibodies, proteins, and peptides. Large molecules can be used for the treatment of various diseases such as cancer & cardiovascular diseases and they can also be used in the prevention of these diseases by triggering specific immune responses in the body.
Application Insights:
The liquid packaging application segment led the global biodegradable pharmaceutical packaging market in 2017. This is attributed to factors such as high usage of water-soluble drugs and presence of a large patient population that relies on oral medication for treatment. In addition, stringent environmental regulations regarding waste disposal are expected to promote the use of biodegradable liquid packaging materials in the near future.
Solid Packaging Applications include tablets, capsules, and powder packing products. The solid dosage form has a larger surface area compared with its liquid or powdered counterparts due to which it requires less material for manufacturing and can be manufactured at lower costs than other dosage forms. These advantages have encouraged several manufacturers across the world to focus on developing innovative solid product formulations that can maintain efficacy while reducing adverse effects caused by excess consumption of conventional excipients such as fillers, binders, coatings etc.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to various factors such as high healthcare expenditure, increasing geriatric population, and rising awareness about bio-based products among consumers and healthcare professionals. Europe followed North America in terms of revenue share owing to a rise in R&D investments by pharmaceutical companies for developing innovative packaging materials that meet regulatory standards while maintaining product quality.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to an increase in per capita income coupled with growing demand for generic drugs due to low prices of biologics compared with synthetic counterparts. Furthermore, favorable government policies regarding drug development are also expected favorably impact overall market growth over the next eight years (2018 - 2030).
Growth Factors:
- Increasing demand for biodegradable pharmaceutical packaging from the healthcare sector as a result of the increasing awareness about environmental protection.
- Rising demand for sustainable and eco-friendly packaging solutions across various industries.
- Growing focus on reducing environmental pollution by using biodegradable materials for packaging applications.
- Technological advancements in the field of biodegradable materials that are being used for pharmaceutical packaging applications.
Scope Of The Report
Report Attributes
Report Details
Report Title
Biodegradable Pharmaceutical Packaging Market Research Report
By Type
Small Molecule, Large Molecule (Biologics)
By Application
Solid Packaging, Liquid Packaging
By Companies
Gerresheimer, Berry Plastics Corporation, DS Smith, Rengo, Bemis Company, Smurfit Kappa, Amcor
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Biodegradable Pharmaceutical Packaging Market Report Segments:
The global Biodegradable Pharmaceutical Packaging market is segmented on the basis of:
Types
Small Molecule, Large Molecule (Biologics)
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Solid Packaging, Liquid Packaging
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Gerresheimer
- Berry Plastics Corporation
- DS Smith
- Rengo
- Bemis Company
- Smurfit Kappa
- Amcor
Highlights of The Biodegradable Pharmaceutical Packaging Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Small Molecule
- Large Molecule (Biologics)
- By Application:
- Solid Packaging
- Liquid Packaging
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Biodegradable Pharmaceutical Packaging Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Biodegradable pharmaceutical packaging is a type of packaging that can be broken down by natural processes, such as bacteria or fungi, to release the drug inside the package. This helps reduce environmental waste and potential health risks posed by improperly disposed pharmaceuticals.
Some of the key players operating in the biodegradable pharmaceutical packaging market are Gerresheimer, Berry Plastics Corporation, DS Smith, Rengo, Bemis Company, Smurfit Kappa, Amcor.
The biodegradable pharmaceutical packaging market is expected to register a CAGR of 10.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Biodegradable Pharmaceutical Packaging Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Biodegradable Pharmaceutical Packaging Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Biodegradable Pharmaceutical Packaging Market - Supply Chain
4.5. Global Biodegradable Pharmaceutical Packaging Market Forecast
4.5.1. Biodegradable Pharmaceutical Packaging Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Biodegradable Pharmaceutical Packaging Market Size (000 Units) and Y-o-Y Growth
4.5.3. Biodegradable Pharmaceutical Packaging Market Absolute $ Opportunity
5. Global Biodegradable Pharmaceutical Packaging Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Biodegradable Pharmaceutical Packaging Market Size and Volume Forecast by Type
5.3.1. Small Molecule
5.3.2. Large Molecule (Biologics)
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Biodegradable Pharmaceutical Packaging Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Biodegradable Pharmaceutical Packaging Market Size and Volume Forecast by Application
6.3.1. Solid Packaging
6.3.2. Liquid Packaging
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Biodegradable Pharmaceutical Packaging Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Biodegradable Pharmaceutical Packaging Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Biodegradable Pharmaceutical Packaging Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Biodegradable Pharmaceutical Packaging Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Biodegradable Pharmaceutical Packaging Demand Share Forecast, 2019-2026
9. North America Biodegradable Pharmaceutical Packaging Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Biodegradable Pharmaceutical Packaging Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Biodegradable Pharmaceutical Packaging Market Size and Volume Forecast by Application
9.4.1. Solid Packaging
9.4.2. Liquid Packaging
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Biodegradable Pharmaceutical Packaging Market Size and Volume Forecast by Type
9.7.1. Small Molecule
9.7.2. Large Molecule (Biologics)
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Biodegradable Pharmaceutical Packaging Demand Share Forecast, 2019-2026
10. Latin America Biodegradable Pharmaceutical Packaging Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Biodegradable Pharmaceutical Packaging Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Biodegradable Pharmaceutical Packaging Market Size and Volume Forecast by Application
10.4.1. Solid Packaging
10.4.2. Liquid Packaging
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Biodegradable Pharmaceutical Packaging Market Size and Volume Forecast by Type
10.7.1. Small Molecule
10.7.2. Large Molecule (Biologics)
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Biodegradable Pharmaceutical Packaging Demand Share Forecast, 2019-2026
11. Europe Biodegradable Pharmaceutical Packaging Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Biodegradable Pharmaceutical Packaging Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Biodegradable Pharmaceutical Packaging Market Size and Volume Forecast by Application
11.4.1. Solid Packaging
11.4.2. Liquid Packaging
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Biodegradable Pharmaceutical Packaging Market Size and Volume Forecast by Type
11.7.1. Small Molecule
11.7.2. Large Molecule (Biologics)
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Biodegradable Pharmaceutical Packaging Demand Share, 2019-2026
12. Asia Pacific Biodegradable Pharmaceutical Packaging Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Biodegradable Pharmaceutical Packaging Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Biodegradable Pharmaceutical Packaging Market Size and Volume Forecast by Application
12.4.1. Solid Packaging
12.4.2. Liquid Packaging
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Biodegradable Pharmaceutical Packaging Market Size and Volume Forecast by Type
12.7.1. Small Molecule
12.7.2. Large Molecule (Biologics)
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Biodegradable Pharmaceutical Packaging Demand Share, 2019-2026
13. Middle East & Africa Biodegradable Pharmaceutical Packaging Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Biodegradable Pharmaceutical Packaging Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Biodegradable Pharmaceutical Packaging Market Size and Volume Forecast by Application
13.4.1. Solid Packaging
13.4.2. Liquid Packaging
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Biodegradable Pharmaceutical Packaging Market Size and Volume Forecast by Type
13.7.1. Small Molecule
13.7.2. Large Molecule (Biologics)
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Biodegradable Pharmaceutical Packaging Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Biodegradable Pharmaceutical Packaging Market: Market Share Analysis
14.2. Biodegradable Pharmaceutical Packaging Distributors and Customers
14.3. Biodegradable Pharmaceutical Packaging Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Gerresheimer
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Berry Plastics Corporation
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. DS Smith
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Rengo
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Bemis Company
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Smurfit Kappa
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Amcor
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook