Market Overview:
The global parenteral packaging 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 parenteral drugs and rising number of approvals for new products. In addition, technological advancements in the field of parenteral packaging are also contributing to the growth of this market. On the basis of type, bags accounted for the largest share in 2017 and is expected to maintain its dominance during the forecast period. This can be attributed to their low cost as compared to other types of parenteral packaging and their wide use in small volume parenterals (SVPs). Ampoules are expected to grow at a highest CAGR during 2018-2030 owing high demand from large volume injectables (LVPs) segment across all regions studied herein.
Product Definition:
Parenteral Packaging is a sterile container used to store and protect parenteral drugs from contamination. The packaging is also designed to allow for the accurate measurement of doses for patients.
Bags:
Bags, it's usage and growth factor in Parenteral Packaging market? BAGS (Bag-in-Box) is a packaging system that consists of a flexible plastic bag inside an outer protective covering made up of corrugated cardboard or other materials. The primary function of the BAGS is to provide barrier protection from light, oxygen, and water vapor.
Ampoules:
Ampoules are used to contain liquid in parenteral packaging. They can be made of glass or plastic and have a capacity ranging from 1 ml to 1000 ml. Glass ampoules are preferred over plastic owing to their better transparency, inertness, and higher sterilizability.
Application Insights:
Based on the application, the global market is segmented into small volume parenteral (SVP), large volume parenteral (LVP) and other applications. The SVP segment dominated the overall market in 2017 owing to factors such as increasing healthcare spending by governments along with growing awareness regarding HIV and AIDS. Moreover, an increase in cancer cases has also boosted demand for LVP products across the globe.
The LVP segment is anticipated to grow at a lucrative rate over the forecast period due to factors such as high product penetration coupled with rising incidences of cancer globally. For instance, according to data published by WHO in 2018, around 1 out of 8 people die from cancer worldwide; this amounts to around 2 million deaths per year globally.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period owing to increasing healthcare expenditure and government initiatives for improving healthcare infrastructure. In addition, rising prevalence of chronic diseases requiring long-term treatment with parenteral nutrition is also anticipated to drive regional growth.
Asia Pacific is expected to witness lucrative growth over the forecast period due to factors such as improving healthcare facilities & infrastructure, growing population, and an increase in demand for advanced PPN products & solutions by medical practitioners across various countries of this region. Moreover, a rise in awareness regarding HIV/AIDS prevention among high-risk groups such as homosexuals and intravenous drug users will boost product penetration further driving growth during the projected period from 2018 to 2030 (Ref: WHO).
In China, there has been a significant increase in hospital admissions relatedto diabetes since 2010 (Ref: National Health Commission).
Growth Factors:
- Increasing demand for parenteral drugs and therapies: The global market for parenteral drugs is expected to grow at a CAGR of 6.5% from 2016 to 2021. This growth can be attributed to the increasing incidence of chronic diseases, rising geriatric population, and growing demand for minimally invasive procedures.
- Technological advancements in packaging equipment: The development of novel packaging technologies has helped reduce product wastage and improved the shelf life of parenteral products. This is driving the adoption of advanced packaging equipment in the market.
- Stringent regulatory framework: Stringent regulatory framework governing drug approvals and manufacturing processes are encouraging manufacturers to adopt innovative packaging solutions that meet regulatory requirements..
Scope Of The Report
Report Attributes
Report Details
Report Title
Parenteral Packaging Market Research Report
By Type
Bags, Ampoules, Vials, Prefilled syringes & Cartridges, Ready-to-mix Systems
By Application
Small Volume Parenteral, Large Volume Parenteral
By Companies
Schott, Gerresheimer, Becton, Dickinson, Unilife, West Pharmaceutical, Ypsomed, SiO2, Schott
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
218
Number of Tables & Figures
153
Customization Available
Yes, the report can be customized as per your need.
Global Parenteral Packaging Market Report Segments:
The global Parenteral Packaging market is segmented on the basis of:
Types
Bags, Ampoules, Vials, Prefilled syringes & Cartridges, Ready-to-mix Systems
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
Small Volume Parenteral, Large Volume Parenteral
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:
- Schott
- Gerresheimer
- Becton
- Dickinson
- Unilife
- West Pharmaceutical
- Ypsomed
- SiO2
- Schott
Highlights of The Parenteral 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:
- Bags
- Ampoules
- Vials
- Prefilled syringes & Cartridges
- Ready-to-mix Systems
- By Application:
- Small Volume Parenteral
- Large Volume Parenteral
- 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 Parenteral 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.
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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?
Parenteral packaging is a type of medical packaging that helps to preserve and protect the contents of a medication. It can be in the form of a syringe, vial, or ampule.
Some of the major players in the parenteral packaging market are Schott, Gerresheimer, Becton, Dickinson, Unilife, West Pharmaceutical, Ypsomed, SiO2, Schott.
The parenteral packaging market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Parenteral Packaging 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 Parenteral Packaging Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Parenteral Packaging 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 Parenteral Packaging 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 Parenteral Packaging Market Size & Forecast, 2020-2028
4.5.1 Parenteral Packaging Market Size and Y-o-Y Growth
4.5.2 Parenteral Packaging 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 Bags
5.2.2 Ampoules
5.2.3 Vials
5.2.4 Prefilled syringes & Cartridges
5.2.5 Ready-to-mix Systems
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 Small Volume Parenteral
6.2.2 Large Volume Parenteral
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Parenteral Packaging 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 Parenteral Packaging 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 Bags
9.6.2 Ampoules
9.6.3 Vials
9.6.4 Prefilled syringes & Cartridges
9.6.5 Ready-to-mix Systems
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 Small Volume Parenteral
9.10.2 Large Volume Parenteral
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 Bags
10.6.2 Ampoules
10.6.3 Vials
10.6.4 Prefilled syringes & Cartridges
10.6.5 Ready-to-mix Systems
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 Small Volume Parenteral
10.10.2 Large Volume Parenteral
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 Bags
11.6.2 Ampoules
11.6.3 Vials
11.6.4 Prefilled syringes & Cartridges
11.6.5 Ready-to-mix Systems
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 Small Volume Parenteral
11.10.2 Large Volume Parenteral
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 Bags
12.6.2 Ampoules
12.6.3 Vials
12.6.4 Prefilled syringes & Cartridges
12.6.5 Ready-to-mix Systems
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 Small Volume Parenteral
12.10.2 Large Volume Parenteral
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 Bags
13.6.2 Ampoules
13.6.3 Vials
13.6.4 Prefilled syringes & Cartridges
13.6.5 Ready-to-mix Systems
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 Small Volume Parenteral
13.10.2 Large Volume Parenteral
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 Parenteral Packaging Market: Competitive Dashboard
14.2 Global Parenteral Packaging Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Schott
14.3.2 Gerresheimer
14.3.3 Becton
14.3.4 Dickinson
14.3.5 Unilife
14.3.6 West Pharmaceutical
14.3.7 Ypsomed
14.3.8 SiO2
14.3.9 Schott
