Pharmaceutical Packaging Market Industry Insights, Trends, and Forecast, 2017-25


Posted January 13, 2022 by neha_s

Pharmaceutical packaging has gained rapid importance, owing to the rise in number of people suffering from various diseases, which has created the need for proper protection of the medicines.
 
Pharmaceutical packaging has gained rapid importance, owing to the rise in number of people suffering from various diseases, which has created the need for proper protection of the medicines. Packaging is involved in dosing, dispensing and in the use of pharmaceutical products. Packaging also helps in protecting the drugs and medicines against unfavorable environments such as physical damage, biological contamination and degradation. Improvement in the services of healthcare backed by rapid urbanization, especially in the emerging economies have contributed to the growth of pharmaceutical packaging market.

Market Dynamics
Plastics are expected to lose demand in the future due to rising environmental concerns regarding plastic pollution, due to which the manufacturers are looking to adopt alternative modes of packaging that would cater to the consumers requirements and would have less impact on the environment.

Market Taxonomy
The report segments the global pharmaceutical packaging market on the basis of material, product, end-use industry, livestock and geography. On the basis of material, the market is categorized into plastics and polymers, aluminum foil, paper and paperboard, glass and others. On the basis of product type, the market is segmented into plastic bottles, blister packs, caps and closures, pre-filled syringes, medical specialty bags, pouches and strip packs, pre-fillable inhalers, medication tubes and others.

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Major Players in Global Pharmaceutical Packaging Market
Major players operating in the market of pharmaceutical packaging include Amcor Limited, Berry Plastics Corporation, MeadWestvaco Corporation, Becton Dickinson and Company, Owens-Illinois Inc., West Pharmaceuticals Services Inc., Schott Pharmaceuticals Services Inc., RPC Group Plc and Graphic Packaging International Inc.

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Last Updated January 13, 2022