Global pharmaceutical packaging market size to record 6% CAGR through 2027

Selbyville, Delaware, Feb 01, 2021 (GLOBE NEWSWIRE) – According to a reliable, global forecast pharmaceutical packaging market has reached a valuation of 83.6 billion USD in the year 2019 and is expected to record a yoy growth rate of 6% between 2020 and 2027. This rapid expansion is credible for growing demand for packaging solutions among drug manufacturing companies and developing healthcare infrastructure.

Speaking of separations, the global pharmaceutical packaging market is segmented by type, drug delivery method, raw materials, and regional area. The document not only analyzes the rate of expansion of each segment, but also clarifies their contribution to the overall salary of the industry. In addition, the document discusses a number of key companies working in this industry area by analyzing their production strategies as well as growth strategies used. .

Technological advances in this industry area have led to the development of advanced packaging solutions such as CRP (child protection packaging) and radiofrequency identification technology, which also contribute to the overall pay of the industry. In March 2019 for example, Schott AG introduced Everic filters for small packets of sensitive drugs.

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Similarly, Gerresheimer AG had unveiled Gx InnoSafe, further consolidating the syringe package with an integrated safety solution. Therefore, strong technological innovations in this industry field are driving the global pharmaceutical packaging industry outlook. However, counterfeit pharmaceuticals due to the high costs of real drugs could easily be a barrier to overall market growth.

Analyzing market segments

The global pharmaceutical packaging market is segmented by type, drug delivery method, raw material type, and geographic landscape. Speaking of type, the market is divided into ampoules, filters, pre-filled syringes, caps & closures, labels & decorations, blown packs, and plastic bottles.

In terms of drug delivery method, the industry is divided into IV drugs, injectables, and oral drugs. The global pharmaceutical packaging market raw materials landscape is made up of glass, paper & paper boards, metals, and plastics & polymers.

Illuminating the landscape

The global pharmaceutical packaging industry is divided into Latin America, Europe, North America, Asia-Pacific and the rest of the world. As reliable estimates, Asia-Pacific is likely to account for the largest share of the market by the year 2027. Increased R&D investments and subsequent technological developments allow the industry to thrive. the Asia-Pacific.

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On the other hand, the European pharmaceutical packaging industry is expected to record a strong annual growth rate in 2020-2027. Many diseases coupled with development in innovative solutions favor the regional market outlook.

Global Pharmaceutical Packaging Market by Type (Revenue, Billion USD, 2017-2027)

  • Ampoules
  • Vials
  • Pre-filled syringes
  • Caps & closures
  • Labels & Accessories
  • Blister packs
  • Plastic bottles

Global Pharmaceutical Packaging Market by Drug Delivery Method (Revenue, USD billion, 2017-2027)

  • IV Drugs
  • Injectables
  • Oral drugs

Global Pharmaceutical Packaging Market with Raw Materials (Revenue, Billion USD, 2017-2027)

  • Glass
  • Paper & paper boards
  • Metals
  • Plastics & Polymers

Global Pharmaceutical Packaging Market Geography Geography (Revenue, billion USD, 2017-2027)

North America

Latin America

Europe

  • Italy
  • Germany
  • France
  • United Kingdom
  • Spain
  • Rest of Europe

Asia-Pacific

  • Australia
  • Japan
  • South Korea
  • China
  • India
  • Rest of Asia-Pacific

Rest of the world

Global Pharmaceutical Packaging Market Competitive Forecast (Revenue, Billion USD, 2017-2027)

  • WestRock Company
  • Catalent Inc.
  • Corporra Nipro
  • Becton, Dickinson, and Company
  • Western Pharmaceutical Services Inc.
  • AptarGroup Inc.
  • Schott AG
  • Berry Global Inc.
  • Gerresheimer AG
  • Amcor plc

Contents:

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (billion USD)

1.2.1. Pharmaceutical Packaging Market, by region, 2018-2027 (billion USD)

1.2.2. Pharmaceutical Packaging Market, by Type, 2018-2027 (billion USD)

1.2.3. Pharmaceutical Packaging Market, by Drug Delivery Method, 2018-2027 (billion USD)

1.2.4 Pharmaceutical Packaging Market, with Raw Material, 2018-2027 (billion USD)

1.3. Key trends

1.4. Estimation approach

1.5. Research Evidence

Chapter 2. Definition and Scope of Global Pharmaceutical Packaging Market

2.1. The aim of the study

2.2. Definition and scope of the market

2.2.1. Scope of the Study

2.2.2. Processing evolution

2.3. Years considered for review

2.4. Currency conversion rates

Chapter 3. Dynamics of Global Pharmaceutical Packaging Market

3.1. Pharmaceutical Packaging Market Impact Analysis (2018-2027)

3.1.1. Market drivers

3.1.2. Market challenges

3.1.3. Market opportunities

Chapter 4. Global Pharmaceutical Packaging Market Industry Analysis

4.1. Porter force model 5

4.2. PEST analysis

4.2.1. Political

4.2.2. Economic

4.2.3. Social

4.2.4. Technological

4.3. Investment adoption model

4.4. Inspector’s Recommendation & Decision

Chapter 5. Global Pharmaceutical Packaging Market, by Type

5.1. Market Snapshot

5.2. Global Pharmaceutical Packaging Market by type, performance – possible analysis

5.3. Global Pharmaceutical Packaging Market Estimates & Projections by Type 2017-2027 (billion USD)

5.4. Pharmaceutical Packaging Market, Subsection Analysis

5.4.1. Plastic bottles

5.4.2. Blister packs

5.4.3. Labels & Accessories

5.4.4. Caps & Closed

5.4.5. Pre-filled syringes

5.4.6. Vials

5.4.7. Ampoules

Chapter 6. Global Pharmaceutical Packaging Market, by Drug Delivery Method

6.1. Market Snapshot

6.2. Global Pharmaceutical Packaging Market by Drug Delivery Method, Performance – Capacity Analysis

6.3. Global Pharmaceutical Packaging Market Estimates & Projections by Drug Delivery Method 2017-2027 (billion USD)

6.4. Pharmaceutical Packaging Market, Subsection Analysis

6.4.1. Oral drugs

6.4.2. Injectables

6.4.3. IV Drugs

6.4.4. Global Pharmaceutical Packaging Market, by Raw Materials

6.5. Market Snapshot

6.6. Global Pharmaceutical Packaging Market with Raw Material Performance – Potential Analysis

6.7. Global Pharmaceutical Packaging Market Estimates & Forecasts with Raw Products 2017-2027 (billion USD)

6.8. Pharmaceutical Packaging Market, Subsection Analysis

6.8.1. Plastics and polymers

6.8.2. Metals

6.8.3. Paper and paperboards

6.8.4. Glass

Chapter 7. Global Pharmaceutical Packaging Market, Regional Analysis

Related report:

Advanced Packaging Market Size, Business Analysis Report, Regional Forecast, Demand Capacity, Share & Competitive Market Forecast, 2020 – 2026

The advanced packaging market ready to reap significant benefits in the coming years due to high yield acceptance across several application methods such as healthcare, automotive, consumer electronics, aerospace & defense among others. Advanced packaging has been developed to improve device performance while reducing packaging at the same time. It is said to be a common group of several different methods such as in-system packaging, 3D-IC, 2.5D, and fan-out wafer level packaging. From a regional reference framework, LAMEA will see significant growth in the coming years. In 2019, the sector accounted for about 5% of the market share as a result of the government’s rising drive towards growth in the regional semicircle industry.

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