Market Overview:
The global pharmaceutical packaging material market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for solid and liquid packaging solutions for pharmaceutical products. In terms of type, the small molecule segment is expected to dominate the market during the forecast period, owing to its growing demand from various application segments. However, large molecule (biologics) segment is projected to grow at a higher CAGR during the forecast period due to rising demand for biologics drugs across the globe. In terms of region, North America dominates the global pharmaceutical packaging material market followed by Europe and Asia Pacific.
Product Definition:
A pharmaceutical packaging material is a material used to package pharmaceutical products. Pharmaceutical packaging materials may include plastics, glass, metal and paperboard. The use of pharmaceutical packaging materials helps protect the product from damage, light exposure and contamination.
Small Molecule:
Small molecule is a chemical compound that has between one and four atoms (usually) and between 0 and 100 electrons. The term “small” in this case is used for emphasis, as the molecules in question are usually small, compared to large molecules like proteins or polymers. They are also referred to as “low molecular weight” compounds since they have a molecular weight below 1000 Da.
Large Molecule (Biologics):
Large molecule (biologics) refers to a class of drugs and medical devices that are large in size and have a molecular weight greater than 100 Da. They are usually administered intravenously or orally.
Application Insights:
The liquid packaging application segment led the global pharmaceutical packaging materials market in 2017. This can be attributed to factors such as high demand for biologics, which are manufactured using biologicals and chemicals. Liquid pharmaceutical packaging solutions provide a safe environment for drugs during transit and storage. They also help in reducing exposure to light, moisture & temperature fluctuations that may cause damage over time.
Solid Packaging dominated the market with a revenue share of more than 40% in 2017 owing to increasing demand from customers for tablets & capsules across the globe. The solid dosage form is an ideal solution for patients who require multiple doses per day or those who have specific allergies towards injections or other methods of administration due to their fixed dosing schedule requirement (such as once-a-day). Solid dosage forms also offer flexibility regarding color, shape and size options while manufacturing pills, tablets & capsules respectively thereby driving its consumption globally over the forecast period.
Regional Analysis:
North America pharmaceutical packaging materials market is expected to witness significant growth over the forecast period owing to the presence of major players and high R&D expenditure. The region accounted for a share of more than 30% in 2017, which can be attributed to factors such as growing healthcare spending and increasing demand for biologics.
Asia Pacific is anticipated to register fastest growth during the forecast period due to rising healthcare spending by governments along with an increase in investment by manufacturers in this region. In addition, favorable regulatory reforms are also likely to contribute toward faster growth during the projected period. For instance, China has implemented new regulations that allow 100% foreign direct investment (FDI) under special circumstances; these regulations are expected favorably impact pharmaceutical FDI trends over the coming years (China’s Pharmaceutical Industry Development Strategy).
Growth Factors:
- Increasing demand for pharmaceutical packaging from the developing countries due to the growth in their population and rising income levels.
- The increasing use of innovative and advanced packaging technologies that provide better protection to the drugs from degradation and also extend their shelf life.
- Stringent government regulations for safe drug delivery that is driving the demand for high-quality pharmaceutical packaging materials.
- Rising awareness among consumers about the benefits of using packaged drugs, which is resulting in an increase in demand for pharmaceutical packaging materials.
Scope Of The Report
Report Attributes
Report Details
Report Title
Pharmaceutical Packaging Material 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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Pharmaceutical Packaging Material Market Report Segments:
The global Pharmaceutical Packaging Material 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 Pharmaceutical Packaging Material 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 Pharmaceutical Packaging Material 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?
Pharmaceutical packaging material is the materials and components used to package, label, and protect pharmaceutical products. It can include boxes, bottles, bags, seals, labels and other markings.
Some of the major companies in the pharmaceutical packaging material market are Gerresheimer, Berry Plastics Corporation, DS Smith, Rengo, Bemis Company, Smurfit Kappa, Amcor.
The pharmaceutical packaging material market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Pharmaceutical Packaging Material 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. Pharmaceutical Packaging Material Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Pharmaceutical Packaging Material Market - Supply Chain
4.5. Global Pharmaceutical Packaging Material Market Forecast
4.5.1. Pharmaceutical Packaging Material Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Pharmaceutical Packaging Material Market Size (000 Units) and Y-o-Y Growth
4.5.3. Pharmaceutical Packaging Material Market Absolute $ Opportunity
5. Global Pharmaceutical Packaging Material 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. Pharmaceutical Packaging Material 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 Pharmaceutical Packaging Material 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. Pharmaceutical Packaging Material 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 Pharmaceutical Packaging Material 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. Pharmaceutical Packaging Material 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 Pharmaceutical Packaging Material 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. Pharmaceutical Packaging Material 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 Pharmaceutical Packaging Material Demand Share Forecast, 2019-2026
9. North America Pharmaceutical Packaging Material 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 Pharmaceutical Packaging Material 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 Pharmaceutical Packaging Material 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 Pharmaceutical Packaging Material 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 Pharmaceutical Packaging Material Demand Share Forecast, 2019-2026
10. Latin America Pharmaceutical Packaging Material 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 Pharmaceutical Packaging Material 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 Pharmaceutical Packaging Material 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 Pharmaceutical Packaging Material 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 Pharmaceutical Packaging Material Demand Share Forecast, 2019-2026
11. Europe Pharmaceutical Packaging Material 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 Pharmaceutical Packaging Material 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 Pharmaceutical Packaging Material 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 Pharmaceutical Packaging Material 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 Pharmaceutical Packaging Material Demand Share, 2019-2026
12. Asia Pacific Pharmaceutical Packaging Material 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 Pharmaceutical Packaging Material 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 Pharmaceutical Packaging Material 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 Pharmaceutical Packaging Material 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 Pharmaceutical Packaging Material Demand Share, 2019-2026
13. Middle East & Africa Pharmaceutical Packaging Material 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 Pharmaceutical Packaging Material 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 Pharmaceutical Packaging Material 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 Pharmaceutical Packaging Material 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 Pharmaceutical Packaging Material Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Pharmaceutical Packaging Material Market: Market Share Analysis
14.2. Pharmaceutical Packaging Material Distributors and Customers
14.3. Pharmaceutical Packaging Material 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