Press release
Pharmaceutical Packaging Market 2018 Global Leading Players Amcor Ltd, Schott AG, AptarGroup, Gerresheimer AG, Berry Plastics Group, Westrock Company
Pharmaceutical Packaging Market
Recent News :
April 20, 2016: Bemis Company, Inc. acquired the medical device packaging operations and related value-added services of SteriPack Group, a global manufacturer of sterile packaging solutions for medical device and pharmaceutical applications.
In 2016, Amcor Ltd. (Australia) expanded its Milwaukee plant, Wisconsin (U.S.) with an aim to enhance its flexographic printing.
According to PMMI, The Association for Packaging and Processing Technologies, the market for pharmaceuticals and medical devices is likely to continue growing over the forecast period. In total, the 2015 pharmaceutical industry produced USD 1.1 trillion in the global sales with medical devices reaching USD 350 billion. Aging population, longer life expectanc,y and a general increase in rare or chronic diseases are impacting healthcare worldwide. Global medicine use is expected to reach 4.5 trillion doses by 2020, up 24% from 2015, emphasizing the opportunity in this market segment.
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Key Players
Market Research Future (MRFR) recognizes the following companies as the key players in the global pharmaceutical packaging market Bemis Healthcare Packaging, Gerresheimer, Owens-Illinois, West Pharmaceutical, Westrock, Alexander (James) Corporation, Baxter International, Amcor Limited, Unilife Corporation, AptarGroup Inc, Rexam PLC and others
The companies that are trying to enter the market need to have a medium capital investment to set up manufacturing facilities and carry out R&D activities. Moreover, low to medium switching costs by consumers, makes the entry of new players moderately easy. Thus, making the threat of new entrants, medium.
Pharmaceutical packaging Market - Competitive Analysis
Pharmaceutical packaging market appears to be competitive with the presence of several large and small players operating in the Pharmaceutical packaging Market. These Key players compete based upon pricing, quality, Technology and reputation. Pharmaceutical packaging market demonstrates a high growth potential which is likely to attract many entrants to the market resulting in to intensified competition further. The report also considers key trends that will impact the industry and profiles of leading suppliers of Pharmaceutical packaging market. Some of the top companies mentioned in the report are Amcor Ltd., Gerresheimer and Schott AG. The other industry participants include Becton Dickinson & Company, Aptar Group, Capsugel, Owens-Illinois, Berry Plastics Group, Westrock Company and COMAR LLC. Moreover, manufacturers mainly ensure to deliver the best quality products based on innovative technologies, and best practices.
Global Pharmaceutical Packaging Market Research
Commenting on the report, an analyst from Market Research Future (MRFR)’s team said: “The global pharmaceutical packaging market has witnessed a remarkable growth over the past few years and it has been analyzed that the market growth will keep on increasing during the forecast period. The growth of the market is attributed to the growing pharmaceutical as well as healthcare industry and emerging economies in Asia-Pacific region. The other key driving factor which can fuel the market are the increasing aging population, technological innovations, government initiatives and increasing demand for drug delivery devices. Geographically, North America has witnessed as the leading market for the global pharmaceutical packaging market, followed by Europe. Asia-Pacific, the fastest growing region, is the global market will achieve ample number of growth opportunities.”
According to the report, the global market has witnessed a humongous growth in the pharmaceuticals as well as healthcare industry particularly in the North America. Owing to the growth of these industries, the pharmaceutical packaging market has seen a remarkable growth across the globe. Geographically, North America is one of the leading region and dominating the overall market. Europe, followed by North America, has gained a strong hold in the market owing to the matured economy, growing aging population and technological advancements.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Pharmaceutical packaging Market - Segments:
Global Pharmaceutical packaging Market is segmented in to 2 Key dynamics for an easy grasp and enhanced understanding.
Segmentation by Types: Bottles, Aerosol packs, Tubes, Blister packs, Sachets, Ampoules and others
Segmentation by Material: Glass, Plastic, Cardboard and Paper
Segmentation by Regions: Comprises Geographical regions - North America, Europe, APAC and Rest of the World.
Pharmaceutical packaging Market - Regional Analysis
North America region dominated the overall Pharmaceutical packaging market. One of the main reason for the growth of this market is new product launches with specialized packaging needs is growing rapidly. This is due to increase investment in novel drug delivery techniques, increasing awareness about healthcare sector and high healthcare spending in the region. Asia is expected to experience a high growth rate in the forecasted period. India and China will form the fastest growing markets due to rapidly expanding pharmaceutical manufacturing capabilities and the adoption of more stringent regulations aimed at improving the quality and integrity of domestically produced medicines.
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Product Analysis
• Product matrix which gives a detailed comparison of the market for different recycled product types
Additional Information
• Regulatory Landscape
• Pricing Analysis
• Macroeconomic Indicators
Geographic Analysis
• Geographical analysis across 15 countries
Company Information
• Profiling of 10 key market players
• In-depth analysis including SWOT analysis, and strategy information of related to report title
• Competitive landscape including emerging trends adopted by major companies
Brief TOC :
1. Executive Summary
2. Research Methodology
3. Market Dynamics
4. Global Market, By PackagingType
5. Global Market, By Technology
6. Global Market, By Application
7. Global Market, By End-user
8. Regional Market Analysis
9. Competitive Analysis
10. Conclusion
11. List Of Tables
12. List Of Figures
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About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
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