Press release
Pharmaceutical Packaging Market Projected to Show Strong Growth | Gerresheimer, Becton, Dickinson, and Company
Pharmaceutical Packaging Market
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Summary
Global Pharmaceutical Packaging Market is valued approximately at USD 83.6 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 6.00% over the forecast period 2020-2027. The demand for Pharmaceutical packaging market is expected to surge globally due to the increasing demand and solutions offered by the drug manufacturing companies along with better healthcare facilities thus, increasing the demand for packaging materials for the new drugs and medications. The innovativeness and advancements in the packaging sectors have led to the development of child-resistant packaging (CRP), radiofrequency identification technology, further boosting the demand of pharmaceutical packaging market. As of March 2019, Schott introduced Everic vials for packaging of small volumes of sensitive drugs, offering quality finish and feasibility for high potent drugs. Silimarly, In September of 2017, Gerresheimer launched Gx InnoSafe, strengthening the syringe segment portfolio of the company with an integrated safety solution with a passive needle protection system. However, the market faces restraint from Bogus or falsified pharmaceutical products as it can hamper the growth of the market. Since genuine drugs are priced slightly higher, the counterfeit market takes advantage of this and rolls out fake drugs jeopardizing the health and safety of the patients and affecting the market growth of Pharmaceutical packaging market.
The regional analysis of global Pharmaceutical Packaging is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is the leading/significant region across the world in terms of market share due to rapidly increasing R&D in pharmaceutical companies and Further Europe is considered as second largest region in the growth of the market, due to development of the new solutions owing to rising number of diseases.
Major market player included in this report are:
Amcor plc
Gerresheimer AG
Berry Global, Inc.
Schott AG
AptarGroup, Inc.
West Pharmaceutical Services, Inc.
Becton, Dickinson, and Company
Nipro Corporation
Catalent, Inc.
WestRock Company
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type
Plastic Bottles
Blister Packs
Labels & Accessories
Caps & Closures
Pre-filled Syringes
Vials
Ampoules
By Drug Delivery Mode:
Oral Drugs
Injectables
IV Drugs
By Raw Materials
Plastics and Polymers
Metals
Paper and Paperboards
Glass
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Pharmaceutical Packaging in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
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Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Pharmaceutical Packaging Market, by Region, 2018-2027 (USD Billion)
1.2.2. Pharmaceutical Packaging Market, by Type, 2018-2027 (USD Billion)
1.2.3. Pharmaceutical Packaging Market, by Drug Delivery Mode, 2018-2027 (USD Billion)
1.2.4 Pharmaceutical Packaging Market, by Raw Material, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Pharmaceutical Packaging Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Processing Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Pharmaceutical Packaging Market Dynamics
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’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
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. Analyst Recommendation & Conclusion
Chapter 5. Global Pharmaceutical Packaging Market, by Type
5.1. Market Snapshot
5.2. Global Pharmaceutical Packaging Market by Type, Performance - Potential Analysis
5.3. Global Pharmaceutical Packaging Market Estimates & Forecasts by Type 2017-2027 (USD Billion)
5.4. Pharmaceutical Packaging Market, Sub Segment Analysis
5.4.1. Plastic Bottles
5.4.2. Blister Packs
5.4.3. Labels & Accessories
5.4.4. Caps & Closures
5.4.5. Pre-filled Syringes
5.4.6. Vials
5.4.7. Ampoules
Chapter 6. Global Pharmaceutical Packaging Market, by Drug Delivery Mode
6.1. Market Snapshot
6.2. Global Pharmaceutical Packaging Market by Drug Delivery Mode, Performance - Potential Analysis
6.3. Global Pharmaceutical Packaging Market Estimates & Forecasts by Drug Delivery Mode 2017-2027 (USD Billion)
6.4. Pharmaceutical Packaging Market, Sub Segment Analysis
6.4.1. Oral Drugs
6.4.2. Injectables
6.4.3. IV Drugs
6.4.4. Global Pharmaceutical Packaging Market, by Raw Materia
....Continued
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HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.
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