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Attractive Opportunities in the Pharmaceutical Packaging Market has Reached New Heights With Rapid Technological Advancements

06-30-2021 08:52 AM CET | Health & Medicine

Press release from: ReportsnReports

Pharmaceutical Packaging Market Report analysis 2021-2027 presents a complete assessment of the market and comprises future trends, current growth factors, attentive opinions, facts, historical information, and forecasts. This Pharmaceutical Packaging Market is defined with its related details such as product types, business overview, sales, manufacturers, applications, and other specifications. It provides a systematic approach to the current and prospective scenario of the global regions. Detailed information of the Pharmaceutical Packaging Market Report growth rate, technological innovations, and key strategies implemented by the main leading industry players.

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Top Company Profile Analysis in this Report- Berry Global Inc. (US),Amcor plc (Australia), AptarGroup, Inc. (US), Gerresheimer AG (Germany), Schott AG (Germany), West Pharmaceutical Services, Inc.(US), Becton, Dickinson And Company (US), Nipro Corporation (Japan), Owens-Illinois, Inc.(US), WestRock Company(US), Alpla Werke Alwin Lehner Gmbh & Co Kg (Austria), Ardagh Group SA(Luxembourg), Stevanato Group (Italy), Catalent Inc.(US), CCL Industries Inc. (Canada), Frank Noe Egypt Ltd (Egypt), Gaplast GmbH (Germany), Lonza Group Ltd (Switzerland), Mondi Group (Austria), Nolato AB (Sweden), Origin Pharma Packaging(UK), Parekhplast India Ltd (India), SGD Pharma (France), Silgan Holdings Inc.(US) and Vetter Pharma International GmbH (Germany).

The pharmaceutical packaging market is projected to grow from USD 83.6 billion in 2019 to USD 111.9 billion by 2024, at a CAGR of 6.0%. The increasing demand for pharmaceuticals owing to increase in healthcare coverage, growing aging population, and an increase in non-communicable disease in pharmerging economies are the major drivers for the pharmaceutical packaging market.

Another factor driving the pharmaceutical packaging market is the new drug development and government initiatives to promote innovations in the pharmaceutical industry and to enhance the use of generics, in developed countries. However, thestrict regulations for pharmaceutical packaging in developed countries such as the US, UK, and Japan lead to increase in overall packaging cost, which collectively restraints the pharmaceutical packaging market.

The objective of this study is to define, describe, and forecast the pharmaceutical packaging market based on various segmentations and strategically analyze these market segments with respect to individual growth trends, growth prospects, and contribution to the overall pharmaceutical packaging market. In this report, the pharmaceutical packaging market has been segmented based on type, raw material, drug delivery mode, and region.

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Key Benefits Of Buying The Report-
The report is expected to help market leaders/new entrants in the pharmaceutical packaging market in the following ways:

This report comprehensively segments the pharmaceutical packaging market and provides the closest approximations for the sizes of different segments and sub segments of the market across different verticals and regions.
This report is expected to help stakeholders in obtaining an improved understanding of their competitors and gain insights about their businesses. The competitive landscape section includes detailed information about strategies such as new product developments,merger & acquisition,agreement, and investment & expansion, which were undertaken by various key players to enhance their position in the pharmaceutical packaging market.

Table of Contents in this Report-
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Pharmaceutical Packaging Market Segmentation
1.3.2 Regions Covered
1.3.3 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Data Triangulation
2.4 Assumptions
2.5 Limitations

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Pharmaceutical Packaging Market
4.2 Pharmaceutical Packaging Market, By Material
4.3 Pharmaceutical Packaging Market, By Type
4.4 Pharmaceutical Packaging Market, By Drug Delivery Mode
4.5 Pharmaceutical Packaging Market, By Region
4.6 North America Pharmaceutical Packaging Market, By Type and Country

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growing Pharmaceutical Industry in Emerging Economies
5.2.1.2 Growing Demand for Drug Delivery Devices and Blister Packaging
5.2.1.3 Technological Advancements to Contribute to the Growth of Pharmaceutical Packaging
5.2.1.4 Growing Health Awareness and Adoption of New Regulatory Standards
5.2.2 Restraints
5.2.2.1 Increasing Overall Packaging Costs Owing to Dynamic Regulatory Policies
5.2.2.2 Lack of Access and Awareness in Emerging Markets
5.2.3 Opportunities
5.2.3.1 Growing Demand for Primary Pharmaceutical Packaging
5.2.3.2 Expanding 3pl and Other Services in Emerging Markets
5.2.4 Challenges
5.2.4.1 Safeguarding Against Counterfeit Products
5.3 Porter’s Five Forces Analysis
5.3.1 Threat of New Entrants
5.3.2 Threat of Substitutes
5.3.3 Bargaining Power of Buyers
5.3.4 Bargaining Power of Suppliers
5.3.5 Intensity of Competitive Rivalry

6 Pharmaceutical Packaging Market, By Type

and more...

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