Market Overview:
The global topical drugs packaging market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for topical drugs due to their benefits such as easy application, no side effects, and long shelf life. In addition, the growing awareness about skin care and hygiene is also propelling the demand for topical drugs and driving the growth of this market. The global topical drugs packaging market can be segmented on the basis of type into plastic material, glass material, aluminum foil material, and others. The plastic material segment is expected to account for a major share of this market during the forecast period owing to its properties such as durability and resistance against moisture. On the basis of application, this market can be divided into hospital pharmacies, retail pharmacies/clinics/drug stores, and other applications including online pharmacies and veterinary clinics.
Product Definition:
Topical Drugs Packaging is the process and technology of enclosing or protecting pharmaceutical products for distribution to retail outlets and consumers. Topical Drugs Packaging is important because it preserves the quality of the product, provides information about the product, and helps to protect the consumer from harm.
Plastic Material:
Plastic material is a generic name given to synthetic resins, which are manufactured from petroleum. The most commonly used plastic resins for the production of packaging solutions include polyethylene, polypropylene and polystyrene.
Plastic has been an important part of pharmaceutical packaging industry since its inception. It started out as a niche market segment in drug delivery systems until it became the dominant solution for all types of pharmaceutical packaging needs over the past few decades.
Glass Material:
Glass material is widely used in the pharmaceutical industry for packaging of topical drugs. Topical drugs are those that are applied to the skin or internal organs and hence, they require a container that is non-corrosive, transparent and inert. Glass material fulfills all these requirements as it is made up of sterility class 100% Pure Food Grade Silicone Polymer which makes it suitable for human consumption along with being non-toxic and inert.
Application Insights:
The hospital segment dominated the market in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to factors such as increasing healthcare spending, growing geriatric population, technological advancements & new product launches by key players in the market. For instance, in January 2018 Pfizer Inc. launched 0.5% mometasone furoate cream for topical application for treatment of atopic dermatitis along with other anti-inflammatory drugs (topical steroids) under Dermovate brand name in North America region.
Clinic segment is expected to register a significant CAGR during the forecast period owing to rising awareness regarding various skin conditions and their effective treatment through topical drugs coupled with high patient acceptance of these products due to convenience.
Regional Analysis:
North America dominated the market in 2017 owing to the presence of a large number of key players and high adoption rate for new topical drugs. The U.S.-based companies are involved in extensive R&D activities to develop novel topically applied drugs that can be used for various diseases, which is expected to drive the regional market over the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period due to rising disposable income levels and increasing awareness about newly developed topical drugs among patients, physicians, and other healthcare professionals. Moreover, growing medical tourism industry in emerging countries such as India & China is also expected boost demand for these products over next eight years (2018-2030).
Growth Factors:
- Increasing demand for topical drugs from the developing countries
- Rising prevalence of skin diseases and disorders
- Technological advancements in packaging materials and printing techniques
- Growing awareness about the benefits of using topical drugs packaging
- Increasing number of mergers and acquisitions among top players
Scope Of The Report
Report Attributes
Report Details
Report Title
Topical Drugs Packaging Market Research Report
By Type
Plastic Material, Glass Material, Aluminum Foil Material
By Application
Hospital, Clinic, Other
By Companies
Origin Pharma Packaging, Halo Pharma, Johnson & Johnson, Novartis AG, GlaxoSmithKline, Bausch Health companies, Merk & Co, Bayer AG, Aphena Pharma Solutions, Glenmark Pharmaceuticals, Allergan, West Pharmaceutical Services, Encore Dermatology, Aclaris Therapeutics
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
191
Number of Tables & Figures
134
Customization Available
Yes, the report can be customized as per your need.
Global Topical Drugs Packaging Market Report Segments:
The global Topical Drugs Packaging market is segmented on the basis of:
Types
Plastic Material, Glass Material, Aluminum Foil Material
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
Hospital, Clinic, Other
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:
- Origin Pharma Packaging
- Halo Pharma
- Johnson & Johnson
- Novartis AG
- GlaxoSmithKline
- Bausch Health companies
- Merk & Co
- Bayer AG
- Aphena Pharma Solutions
- Glenmark Pharmaceuticals
- Allergan
- West Pharmaceutical Services
- Encore Dermatology
- Aclaris Therapeutics
Highlights of The Topical Drugs 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:
- Plastic Material
- Glass Material
- Aluminum Foil Material
- By Application:
- Hospital
- Clinic
- Other
- 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 Topical Drugs 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?
Topical drugs packaging is a type of drug packaging that uses an adhesive or sealant to attach the medication to the surface of a container. This type of packaging is often used for medications that are applied directly to the skin, such as creams and lotions.
Some of the key players operating in the topical drugs packaging market are Origin Pharma Packaging, Halo Pharma, Johnson & Johnson, Novartis AG, GlaxoSmithKline, Bausch Health companies, Merk & Co, Bayer AG, Aphena Pharma Solutions, Glenmark Pharmaceuticals, Allergan, West Pharmaceutical Services, Encore Dermatology, Aclaris Therapeutics.
The topical drugs packaging market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Topical Drugs 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 Topical Drugs Packaging Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Topical Drugs 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 Topical Drugs 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 Topical Drugs Packaging Market Size & Forecast, 2018-2028 4.5.1 Topical Drugs Packaging Market Size and Y-o-Y Growth 4.5.2 Topical Drugs Packaging Market Absolute $ Opportunity
Chapter 5 Global Topical Drugs Packaging 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 Topical Drugs Packaging Market Size Forecast by Type
5.2.1 Plastic Material
5.2.2 Glass Material
5.2.3 Aluminum Foil Material
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Topical Drugs Packaging 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 Topical Drugs Packaging Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Topical Drugs 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 Topical Drugs 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 Topical Drugs Packaging Analysis and Forecast
9.1 Introduction
9.2 North America Topical Drugs Packaging 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 Topical Drugs Packaging Market Size Forecast by Type
9.6.1 Plastic Material
9.6.2 Glass Material
9.6.3 Aluminum Foil Material
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 Topical Drugs Packaging Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.10.3 Other
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 Topical Drugs Packaging Analysis and Forecast
10.1 Introduction
10.2 Europe Topical Drugs Packaging 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 Topical Drugs Packaging Market Size Forecast by Type
10.6.1 Plastic Material
10.6.2 Glass Material
10.6.3 Aluminum Foil Material
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 Topical Drugs Packaging Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.10.3 Other
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 Topical Drugs Packaging Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Topical Drugs Packaging 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 Topical Drugs Packaging Market Size Forecast by Type
11.6.1 Plastic Material
11.6.2 Glass Material
11.6.3 Aluminum Foil Material
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 Topical Drugs Packaging Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.10.3 Other
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 Topical Drugs Packaging Analysis and Forecast
12.1 Introduction
12.2 Latin America Topical Drugs Packaging 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 Topical Drugs Packaging Market Size Forecast by Type
12.6.1 Plastic Material
12.6.2 Glass Material
12.6.3 Aluminum Foil Material
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 Topical Drugs Packaging Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.10.3 Other
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) Topical Drugs Packaging Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Topical Drugs Packaging 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) Topical Drugs Packaging Market Size Forecast by Type
13.6.1 Plastic Material
13.6.2 Glass Material
13.6.3 Aluminum Foil Material
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) Topical Drugs Packaging Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.10.3 Other
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 Topical Drugs Packaging Market: Competitive Dashboard
14.2 Global Topical Drugs Packaging Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Origin Pharma Packaging
14.3.2 Halo Pharma
14.3.3 Johnson & Johnson
14.3.4 Novartis AG
14.3.5 GlaxoSmithKline
14.3.6 Bausch Health companies
14.3.7 Merk & Co
14.3.8 Bayer AG
14.3.9 Aphena Pharma Solutions
14.3.10 Glenmark Pharmaceuticals
14.3.11 Allergan
14.3.12 West Pharmaceutical Services
14.3.13 Encore Dermatology
14.3.14 Aclaris Therapeutics