Pharmaceutical Plastic Packaging Market 2017 - 2025: Amcor Ltd., MeadWestvaco Corporation, RPC Group, COMAR, LLC, Capsugel Inc., AptarGroup, Inc.

The report analyzes and presents an overview on "Pharmaceutical Plastic Packaging Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025" worldwide.

Over the last few years, the packaging is among the high growth industries driving by expanding pharmaceutical, FMCG, manufacturing, and healthcare sector globally. Packaging helps in identification of products, protects the contents of the product from leakage, contamination, spoilage, and etc. Moreover, various manufacturers are using packaging as a promotional strategy to attract the attention of the consumers while buying. Therefore, pharmaceutical plastic packaging represents a significant share in the packaging industry which are specifically designed to meet the packaging requirements for pharmaceutical substances such as capsules, tablets, sterile injectable, solutions & suspensions, and others. Thus, plastic packaging helps in protecting medicines form materialistic damage and contamination of the external environment which can affect the properties of pharmaceutical products. The pharmaceutical plastic packaging comprises of the primary, secondary, and tertiary packaging system, in which, primary packaging includes blister packs, bottles, and aerosol spray can. Secondary packaging comprises of cartons and boxes. Other than that, tertiary packaging system contains barrel, edge protector, and container.

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Pharmaceutical Plastic Packaging Market: Drivers and Restraints

Factors such as increasing demand for prescription dose medicines rise in research and development activities, and growing demand for environmentally friendly packaging is expected to driving the growth of the global pharmaceutical plastic packaging market. Moreover, growing prevalence of chronic diseases, expanding pharmaceutical industry, affluence in developing countries such as India and China, technological development, innovation in the packaging material, and rise in the generic market are some of the primary factors driving the growth of the pharmaceutical plastic packaging market over the forecast period. However, stringent government regulations related to consumer safety and environmental protection, availability of substitute for plastics such as glass and metal, and fluctuation in raw material price may limit the growth of the pharmaceutical plastic packaging market during the forecast the period.

Pharmaceutical Plastic Packaging Market: Segmentation

The pharmaceutical plastic packaging market has been classified by product type, material type, application, and veterinary vaccine packaging type.

Based on product type, the pharmaceutical plastic packaging market is segmented into the following:

Bottles
Containers
Blister Packs
Closures
Vials
Others

Based on the material type, the pharmaceutical plastic packaging market is segmented into the following:

Polypropylene
Polyester
Polyvinyl Chloride
Polyethylene
Others

Based on the application, the pharmaceutical plastic packaging market is segmented into the following:

Liquid
Droppers
Oral Care
Topical Medication

Based on the veterinary vaccine packaging type, the pharmaceutical plastic packaging market is segmented into the following:

Poultry
Livestock
Aquaculture
Canine
Others

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Pharmaceutical Plastic Packaging Market: Overview

Pharmaceutical plastic packaging market revenue is expected to grow at a rapid growth rate, over the forecast period. The market is anticipated to perform well soon owing to growing demand for injectable drug administration, the rise in sustainability concerns coupled with increasing recycling rate of plastics in the pharmaceutical industry. Additionally, expanding demand for moisture proof and deoxidizing medical plastic moisture proof closures used in the plastic bottles is increasing with the growing trend of OTC (over the counter) drugs are the main factors that can propel the market revenue growth of pharmaceutical plastic packaging in the near future. Based on product type, bottles segment is projected to lead the global pharmaceutical plastic packaging market over the forecast period attributed to the high availability of plastic bottles along with growing demand for administering of oral medicines as well as over the counter drugs.

Pharmaceutical Plastic Packaging Market: Region-wise Outlook

Depending on the geographic region, the pharmaceutical plastic packaging market is classified into seven key regions: North America, Eastern Europe, Latin America, Western Europe, Japan, Asia-Pacific, and the Middle East & Africa. North America is expected to be the leading markets in the global pharmaceutical plastic packaging market followed by Europe owing to established healthcare infrastructure, high awareness among people, and companies are focusing on developing eco-friendly pharmaceutical packaging products to protect the environment. Japan is anticipated to witness a substantial growth in the global pharmaceutical plastic packaging market over the forecast period owing to rise in demand for improved healthcare services. Moreover, the market in Asia-Pacific is projected to have the fastest growth in the global pharmaceutical plastic packaging market over the forecast period due to expanding urbanization, growing awareness among the population, and an increase in the aging population. MEA is expected to witness the significant growth rate in the global pharmaceutical plastic packaging market due to growing health care investments coupled with government initiatives in the region.

Pharmaceutical Plastic Packaging Market: Key Players

Some of the prominent players in the pharmaceutical plastic packaging market are Amcor Ltd., MeadWestvaco Corporation, RPC Group, COMAR, LLC, Capsugel Inc., AptarGroup, Inc., Schott AG, Gerresheimer AG, O.Berk Company, LLC, Dickinson and Company, Owens-Illinois, Berry Plastics Group, Inc., Pretium Packaging Corporation, Tim Plastics, Inc., and others.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis

The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

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Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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