The global pharmaceutical packaging materials market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The growth of this market is driven by the increasing demand for pharmaceutical packaging materials in emerging economies such as India and China, which are witnessing an increase in the number of drug launches and an increase in the number of patients suffering from chronic diseases such as diabetes and cancer.
Solvent adhesive dominated the global pharmaceutical packaging materials market with a share of over 50%. Solvent adhesives are used for sealing plastic flexible packages, which are used for packing capsules or tablets. Solvenfree adhesives accounted for over 30% share in 2018 owing to their low toxicity levels and eco-friendly nature. Waterborne adhesives accounted for less than 10% share due to their high cost per unit area compared with solvent adhesive or solvenfree adhesive.
6. Increasing number of counterfeit medicines being sold online: Counterfeit medicine is one major factor driving up investment levels by pharmaceutical companies into R&D activity because it leads not only towards loss-making territory but also puts lives at risk due its potential side effects.
Some Of The Growth Factors Of This Market:
- The growth of the pharmaceutical packaging materials market is driven by factors such as the increasing demand for safe and effective drugs, growing awareness about the importance of drug safety, and rising investments in research and development activities.
- Increasing demand for safe and effective drugs: Pharmaceutical companies are investing heavily in research and development activities to develop new drugs that are safer than existing ones with fewer side effects or adverse reactions. This has led to an increase in the demand for pharmaceutical packaging materials that can ensure product safety during transportation, storage, distribution, sale, use or disposal of these products.
- Growing awareness about the importance of drug safety: There has been an increased focus on ensuring product safety due to various reasons such as increasing number of counterfeit medicines being sold online; lack of knowledge among patients about how they should take their medicines; lack of knowledge among healthcare professionals about how they should prescribe medicines; etc, which has led to an increase in investments in research and development activities by pharmaceutical companies.
- Rising investments in research & development activities: Pharmaceutical companies have been investing heavily into R&D activities over recent years due to factors such as high cost associated with developing new drugs; patent expiry on blockbuster drugs leading them into loss-making territory; etc, which has led them towards focusing more on developing innovative products with better efficacy.
Industry Growth Insights published a new data on “Pharmaceutical Packaging Materials Market”. The research report is titled “Pharmaceutical Packaging Materials Market research by Types (Solvent Adhesive, Solvent-free Adhesive, Waterborne Adhesives), By Applications (Capsule Packing, Plastic Flexible Package), By Players/Companies DOW, Henkel, Huntsman, Bostik, H.B. Fuller, Toyo Ink Group, Jiangsu Jintan, Zhejiang Xindongfang, Comens Material, Alcoa, Norsk Hydro, Novelis, Noranda Aluminum, Sumitomo Chemical, Arkema, MOL GROUP, Eastman Chemical Company, Exxon Mobil Corporation, Formosa Plastics Corporation, Covestro”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Pharmaceutical Packaging Materials Market Research Report
By Type
Solvent Adhesive, Solvent-free Adhesive, Waterborne Adhesives
By Application
Capsule Packing, Plastic Flexible Package
By Companies
DOW, Henkel, Huntsman, Bostik, H.B. Fuller, Toyo Ink Group, Jiangsu Jintan, Zhejiang Xindongfang, Comens Material, Alcoa, Norsk Hydro, Novelis, Noranda Aluminum, Sumitomo Chemical, Arkema, MOL GROUP, Eastman Chemical Company, Exxon Mobil Corporation, Formosa Plastics Corporation, Covestro
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Pharmaceutical Packaging Materials Market Report Segments:
The global Pharmaceutical Packaging Materials market is segmented on the basis of:
Types
Solvent Adhesive, Solvent-free Adhesive, Waterborne Adhesives
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
Capsule Packing, Plastic Flexible Package
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:
- DOW
- Henkel
- Huntsman
- Bostik
- H.B. Fuller
- Toyo Ink Group
- Jiangsu Jintan
- Zhejiang Xindongfang
- Comens Material
- Alcoa
- Norsk Hydro
- Novelis
- Noranda Aluminum
- Sumitomo Chemical
- Arkema
- MOL GROUP
- Eastman Chemical Company
- Exxon Mobil Corporation
- Formosa Plastics Corporation
- Covestro
Highlights of The Pharmaceutical Packaging Materials 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:
- Solvent Adhesive
- Solvent-free Adhesive
- Waterborne Adhesives
- By Application:
- Capsule Packing
- Plastic Flexible Package
- 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 Materials 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?
Pharmaceutical packaging materials are the materials used to package and protect pharmaceutical products. These materials can include boxes, bottles, bags, seals, labels and other components.
Some of the major players in the pharmaceutical packaging materials market are DOW, Henkel, Huntsman, Bostik, H.B. Fuller, Toyo Ink Group, Jiangsu Jintan, Zhejiang Xindongfang, Comens Material, Alcoa, Norsk Hydro, Novelis, Noranda Aluminum, Sumitomo Chemical, Arkema, MOL GROUP, Eastman Chemical Company, Exxon Mobil Corporation, Formosa Plastics Corporation, Covestro.
The pharmaceutical packaging materials market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Pharmaceutical Packaging Materials 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 Materials 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 Materials Market - Supply Chain
4.5. Global Pharmaceutical Packaging Materials Market Forecast
4.5.1. Pharmaceutical Packaging Materials Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Pharmaceutical Packaging Materials Market Size (000 Units) and Y-o-Y Growth
4.5.3. Pharmaceutical Packaging Materials Market Absolute $ Opportunity
5. Global Pharmaceutical Packaging Materials 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 Materials Market Size and Volume Forecast by Type
5.3.1. Solvent Adhesive
5.3.2. Solvent-free Adhesive
5.3.3. Waterborne Adhesives
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Pharmaceutical Packaging Materials 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 Materials Market Size and Volume Forecast by Application
6.3.1. Capsule Packing
6.3.2. Plastic Flexible Package
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Pharmaceutical Packaging Materials 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 Materials 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 Materials 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 Materials 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 Materials Demand Share Forecast, 2019-2026
9. North America Pharmaceutical Packaging Materials 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 Materials 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 Materials Market Size and Volume Forecast by Application
9.4.1. Capsule Packing
9.4.2. Plastic Flexible Package
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Pharmaceutical Packaging Materials Market Size and Volume Forecast by Type
9.7.1. Solvent Adhesive
9.7.2. Solvent-free Adhesive
9.7.3. Waterborne Adhesives
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 Materials Demand Share Forecast, 2019-2026
10. Latin America Pharmaceutical Packaging Materials 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 Materials 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 Materials Market Size and Volume Forecast by Application
10.4.1. Capsule Packing
10.4.2. Plastic Flexible Package
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Pharmaceutical Packaging Materials Market Size and Volume Forecast by Type
10.7.1. Solvent Adhesive
10.7.2. Solvent-free Adhesive
10.7.3. Waterborne Adhesives
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 Materials Demand Share Forecast, 2019-2026
11. Europe Pharmaceutical Packaging Materials 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 Materials 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 Materials Market Size and Volume Forecast by Application
11.4.1. Capsule Packing
11.4.2. Plastic Flexible Package
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Pharmaceutical Packaging Materials Market Size and Volume Forecast by Type
11.7.1. Solvent Adhesive
11.7.2. Solvent-free Adhesive
117.3. Waterborne Adhesives
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 Materials Demand Share, 2019-2026
12. Asia Pacific Pharmaceutical Packaging Materials 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 Materials 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 Materials Market Size and Volume Forecast by Application
12.4.1. Capsule Packing
12.4.2. Plastic Flexible Package
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Pharmaceutical Packaging Materials Market Size and Volume Forecast by Type
12.7.1. Solvent Adhesive
12.7.2. Solvent-free Adhesive
12.7.3. Waterborne Adhesives
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 Materials Demand Share, 2019-2026
13. Middle East & Africa Pharmaceutical Packaging Materials 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 Materials 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 Materials Market Size and Volume Forecast by Application
13.4.1. Capsule Packing
13.4.2. Plastic Flexible Package
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 Materials Market Size and Volume Forecast by Type
13.7.1. Solvent Adhesive
13.7.2. Solvent-free Adhesive
13.7.3. Waterborne Adhesives
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 Materials Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Pharmaceutical Packaging Materials Market: Market Share Analysis
14.2. Pharmaceutical Packaging Materials Distributors and Customers
14.3. Pharmaceutical Packaging Materials Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. DOW
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Henkel
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Huntsman
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Bostik
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. H.B. Fuller
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Toyo Ink Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Jiangsu Jintan
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Zhejiang Xindongfang
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Comens Material
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Alcoa
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Norsk Hydro
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Novelis
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Noranda Aluminum
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Sumitomo Chemical
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Arkema
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. MOL GROUP
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Eastman Chemical Company
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Exxon Mobil Corporation
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Formosa Plastics Corporation
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Covestro
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
