Market Overview:
The global packaging for pharmaceutical market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for generic drugs and medical tools & equipment, and the growing trend of using sustainable and recyclable materials for packaging. The global packaging for pharmaceutical market is segmented on the basis of type into plastic, metal, paper, glass, and others. The plastic segment is expected to grow at a CAGR of 7% during the forecast period from 2018 to 2030. This growth can be attributed to the increasing demand for lightweight and durable packaging solutions in this market. The metal segment is projected to grow at a CAGR of 5% during the same period owing to its properties such as high strength-to-weight ratio and resistance against corrosion. On the basis of application, medical tools & equipment accounted for majority share in 2017 owing to its growing demand across hospitals & clinics worldwide due rising prevalence rates of chronic diseases such as cancer & diabetes mellitus . However , generic drugs are anticipated t o witness highest growth rate over th e forecast period due t o their low cost an d easy availability . Branded drug s are also expec ted t o witness healthy gr owth du e t o increase d awareness amon g consumers regar ding th eir healt h benefits .
Product Definition:
Packaging is the process of enclosing or protecting products for distribution, storage, and sale. Packaging also refers to the process of design, evaluation, and production of packages. The importance of packaging for pharmaceuticals is primarily functional: it protects the product from physical and environmental damage while in transit to consumers; maintains product quality by preventing contact with moisture, oxygen or other gases that could degrade the product; enables accurate identification, tracking and tracing throughout the supply chain; facilitates marketing through attractive presentation.
Plastic:
Plastic is a generic name for synthetic or natural substances used in the form of polymers. The properties of plastics such as chemical and electrical resistance, durability, and versatility have made it one of the most important materials in modern-day packaging. Plastics are widely utilized to produce various types of packaging including rigid bottles & containers, flexible films & sheets along with pouches & bags among others.
Metal:
Metal and its usage in the pharmaceutical packaging market is a subject that interests me. I have been collecting data on metal consumption by the pharmaceutical industry for many years now. The global metal consumption by the pharma industry was estimated to be around 8,000 tons back in 2012. Since then it has increased exponentially due to growing demand from various end-use industries such as drug delivery devices, medical equipment & consumables and oral care products among others.
Application Insights:
The medical tools & equipment segment dominated the global packaging for pharmaceutical market, accounting for over 30.0% share of the overall revenue in 2017. This is attributed to high demand from hospitals and clinics, which use these products to store and transport various healthcare devices and instruments including surgical masks, gloves, scalpels, forceps/scapulars/oophorectomy scissors etc. Moreover, rising investments by governments in developing medical infrastructure is expected to boost industry growth over the forecast period.
Generic drugs are expected to be among fastest-growing segments owing to their low prices as compared with branded drugs. The presence of numerous manufacturers coupled with growing awareness regarding generic drugs across the globe has resulted in increased competition among producers leading towards reduction in prices while maintaining quality standards similar as those prescribed by doctors or approved by regulatory authorities such as U.S FDA (Food & Drug Administration).
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, well-established distribution network of leading pharmaceutical companies and increasing focus on product innovation by these companies. Europe also held a significant share in the global market and is expected to witness steady growth over the forecast period owing to growing generic drug segment due to lack of patent protection for branded drugs in this region. Moreover, rising awareness about mental health among population here will boost demand for medicines which require proper packaging solutions such as bottles, tubes & bags etc.
Growth Factors:
- Increasing demand for packaging from the pharmaceutical industry as a result of the growth in the pharmaceutical sector.
- The increasing trend of using advanced and innovative packaging technologies to protect and preserve the quality of drugs during storage and transit.
- Rising consumer awareness about product safety, which is encouraging them to demand better-quality packaging solutions from manufacturers.
- Stringent government regulations on drug safety are also driving investments in innovative packaging technologies by pharmaceutical companies worldwide .
Scope Of The Report
Report Attributes
Report Details
Report Title
Packaging for Pharmaceutical Market Research Report
By Type
Plastic, Metal, Paper, Glass, Others
By Application
Medical Tools & Equipment, Generic Drugs, Branded Drugs
By Companies
Bemis Healthcare Packaging, Gerresheimer, Owens-Illinois, West Pharmaceutical, Westrock, Alexander (James) Corporation, Baxter International, Amcor Limited, Unilife Corporation, AptarGroup Inc, Bemis Healthcare Packaging
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
179
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Packaging for Pharmaceutical Market Report Segments:
The global Packaging for Pharmaceutical market is segmented on the basis of:
Types
Plastic, Metal, Paper, Glass, Others
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
Medical Tools & Equipment, Generic Drugs, Branded Drugs
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:
- Bemis Healthcare Packaging
- Gerresheimer
- Owens-Illinois
- West Pharmaceutical
- Westrock
- Alexander (James) Corporation
- Baxter International
- Amcor Limited
- Unilife Corporation
- AptarGroup Inc
- Bemis Healthcare Packaging
Highlights of The Packaging for Pharmaceutical 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:
- Plastic
- Metal
- Paper
- Glass
- Others
- By Application:
- Medical Tools & Equipment
- Generic Drugs
- Branded Drugs
- 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 Packaging for Pharmaceutical 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?
Packaging for pharmaceuticals is the process of designing, producing, and labeling a product to protect it from damage during shipping and storage. Packages may also include instructions for use.
Some of the key players operating in the packaging for pharmaceutical market are Bemis Healthcare Packaging, Gerresheimer, Owens-Illinois, West Pharmaceutical, Westrock, Alexander (James) Corporation, Baxter International, Amcor Limited, Unilife Corporation, AptarGroup Inc, Bemis Healthcare Packaging.
The packaging for pharmaceutical market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Packaging for Pharmaceutical Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Packaging for Pharmaceutical Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Packaging for Pharmaceutical Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Packaging for Pharmaceutical Market
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 Global Packaging for Pharmaceutical Market Size & Forecast, 2020-2028
4.5.1 Packaging for Pharmaceutical Market Size and Y-o-Y Growth
4.5.2 Packaging for Pharmaceutical Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Plastic
5.2.2 Metal
5.2.3 Paper
5.2.4 Glass
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Medical Tools & Equipment
6.2.2 Generic Drugs
6.2.3 Branded Drugs
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Packaging for Pharmaceutical Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Packaging for Pharmaceutical Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Plastic
9.6.2 Metal
9.6.3 Paper
9.6.4 Glass
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Medical Tools & Equipment
9.10.2 Generic Drugs
9.10.3 Branded Drugs
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Plastic
10.6.2 Metal
10.6.3 Paper
10.6.4 Glass
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Medical Tools & Equipment
10.10.2 Generic Drugs
10.10.3 Branded Drugs
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Plastic
11.6.2 Metal
11.6.3 Paper
11.6.4 Glass
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Medical Tools & Equipment
11.10.2 Generic Drugs
11.10.3 Branded Drugs
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Plastic
12.6.2 Metal
12.6.3 Paper
12.6.4 Glass
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Medical Tools & Equipment
12.10.2 Generic Drugs
12.10.3 Branded Drugs
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Plastic
13.6.2 Metal
13.6.3 Paper
13.6.4 Glass
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Medical Tools & Equipment
13.10.2 Generic Drugs
13.10.3 Branded Drugs
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Packaging for Pharmaceutical Market: Competitive Dashboard
14.2 Global Packaging for Pharmaceutical Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bemis Healthcare Packaging
14.3.2 Gerresheimer
14.3.3 Owens-Illinois
14.3.4 West Pharmaceutical
14.3.5 Westrock
14.3.6 Alexander (James) Corporation
14.3.7 Baxter International
14.3.8 Amcor Limited
14.3.9 Unilife Corporation
14.3.10 AptarGroup Inc
14.3.11 Bemis Healthcare Packaging
