MEA Pharmaceuticals Packaging Market Report, Growth Segments - Business Size with Forthcoming Developments, Share, Revenue and Global Trends Forecast 2021 to 2028

The Middle East & Africa (MEA) Pharmaceutical Packaging Market is expected to exceed the market valuation of more than US$ 13,265.7 million by 2028 expanding at a reasonable CAGR of around 8% during the forecast period (2021-2028). Pharmaceutical Packaging is mainly done using drug-compatible materials to provide protection, presentation, identification, information, compliance, convenience, integrity, and stability of the product. Pharmaceutical packaging is made by using a variety of materials such as plastics & polymers, paper and paperboard, glass, aluminum foil, and others. In the African region, the technologies are creating several opportunities to leapfrog in the Healthcare Sector, as revealed by the United Nations Industrial Development Organization.

The demand for Middle East & Africa (MEA) pharmaceutical packaging market is increasing on account of the opening of production facilities in the region, advanced manufacturing processes, sterilized tracking, and tracing of drugs, rising genetic drug market, emerging growth in the Drug Delivery market, increase in R&D initiatives, and increase in the prevalence of chronic diseases coupled with the aging population. The World Bank projects that the U.A.E.’s population will grow from 9.4 million people in 2017 to 11.055 million by 2030.

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The COVID-19 pandemic is causing a worldwide concern and economic deprivation of business all over the world. There is a mixed impact of the pandemic on the pharmaceutical packaging industry in the MEA region, and it depends on its various end-users. Since, the start of the COVID-19 pandemic, demand for certain packaging in the Middle East region is very high. There is an increase in the requirement for pharmaceutical glass packaging while the recycling industry struggles to maintain operations during the outbreak. Some MEA pharmaceutical packaging companies are opting for automation across their operations as it can address most of the challenges that COVID-19 is placing in the path of smooth, safe, and cost-effective operations.

Based on Material Type, the market is bifurcated into Plastics & polymers, Paper and paperboard, Glass, and Aluminum foil, and others. The demand for the plastic & polymers segment is increasing owing to the increase in the use of PVC, polypropylene, polycarbonate, polyethylene terephthalate, and high-thickened polyethylene in the packaging for pharmaceutical purposes due to its lightweight, low cost, good barrier properties, and strength. For instance, Mpact is one of the leading plastic packaging manufacturers in Johannesburg (southern Africa). The company collects around 624,000 tonnes of plastic recyclables from pre-and post-consumer sources. Also, the liquid packaging recycling plant recycles 24,000 tonnes of used liquid cartons a year, saving 65,240 cubic meters of landfill space and 11,400 tonnes of carbon emissions.

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Based on by product type, the market is bifurcated into primary pharmaceutical packaging, secondary pharmaceutical packaging, and tertiary pharmaceutical packaging. The primary pharmaceutical packaging is further bifurcated into plastic bottles, caps & closures, parenteral containers, blister packs, prefillable inhalers, and others. The primary pharmaceutical packaging is the most prominent section in the MEA market owing to the storage of medicines with no damage.

The secondary pharmaceutical packaging is further bifurcated into prescription containers and pharmaceutical packaging accessories. The components in the primary pharmaceutical packaging are in direct contact with the product e.g., bottle vials, blisters whereas the components in the secondary pharmaceutical packaging are not in direct contact with the product e.g., cardboard boxes and aluminum caps. The choice of the materials used in the primary or secondary packaging will rely on the degree of protection required, compatibility of API (Active Pharmaceutical Ingredient) and Excipients with the packaging material, filling method, presentation for over-the-counter (OTC) drugs, and convenience for the user. Frank Noe Egypt (serving the market since 1985) is the most reputed company for pharma packaging manufacturing which has the ability of manufacturing tamper-proof packaging, childproof tablet containers, and self-desiccant capsule packaging.

Based on end-user, the market is bifurcated into contract packaging, pharmaceutical manufacturing, retail pharmacy, institutional pharmacy and others. Pharmaceutical Manufacturing is anticipated to show the highest growth in the market in the forecast period owing to the growing focus on outsourcing the packaging activities to save time as well as packaging costs. In April 2019, GlaxoSmithKline (GSK) announced its partnership with Neopharma to localize its Secondary Packaging stage (the last phase of the manufacturing process) before distribution and sale. This partnership reduced the manufacturing process time to only three months, offering UAE patients faster access to the widely prescribed medicines.

For a better understanding of the market adoption of Pharmaceutical Packaging in the Middle East and Africa region, detailed country-level analysis is conducted for major countries including (UAE, Saudi Arabia, Qatar, Turkey, Egypt, South Africa, Nigeria, and the Rest of the Middle East and Africa). The Saudi Arabia subsegment is expected to dominate the market in the upcoming period owing to the changing population dynamics, rising prevalence of non-communal diseases such as cardiovascular disease, cancer, diabetes, and several initiatives taken by the government in the region. Sunpack Packaging Systems (FZC), incorporated in the Sharjah airport International in UAE is engaged in the plastic container manufacturing business by acquisition of 89% of the shares in ‘Sunpack’ for manufacturing pharmaceutical packaging products in 2019.

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Some of the major players operating in the market include CCL Industries Inc., Intrapac Group, Rexam PLC, Schott AG, MeadWestvaco Corporation, Nypro Inc., Aptar Group Inc., Wihuri Group, and Gerresheimer AG. Several M&As along with partnerships have been undertaken by these players to boost their presence in different regions.

Global Middle East & Africa (MEA) pharmaceutical packaging market Segmentation
Market Insight, by Material Type
• Plastics & Polymers
• Paper and Paperboard
• Glass
• Aluminum Foil
• Others

Market Insight, by Product Type
• Primary Pharmaceutical Packaging
o Plastic Bottles
o Caps & Closures
o Parenteral Containers
o Blister Packs
o Prefillable Inhalers
o Others
• Secondary Pharmaceutical Packaging
o Prescription Containers
o Pharmaceutical Packaging Accessories
• Tertiary Pharmaceutical Packaging

Market Insight, by End-User
• Contract Packaging
• Pharmaceutical Manufacturing
• Retail Pharmacy
• Institutional Pharmacy And Others

Market Insight, by Region
• Middle East and Africa
o UAE
o Saudi Arabia
o Qatar
o Turkey
o Egypt
o South Africa
o Rest of the Middle East and Africa

Top Company Profiles
• Amcor Ltd.
• CCL Industries Inc.
• Intrapac Group
• Schott AG
• WestRock
• Jabil Inc.
• West Pharmaceutical Services, Inc.

Final Report will add the analysis of the impact of COVID-19 on this industry.”
In the highly import dependent Indian medical devices market, a large number of indigenous manufacturers of syringes & needles have managed to come up. However, it does not mean that imports are low for this market. Imports, as in the case with other medical devices, are quite high but the domestic manufacturers have been able to tap foreign markets through increasing exports. The target base of consumers is growing steadily which is expected to significantly boost sales in the market.

The report provides a snapshot of the syringes & needles market. It begins with the introduction section which mentions the features and uses of syringes & needles along with a brief description of the various phases in their development. The market overview section provides an insight into the market and highlights the market size. Import and export figures for syringes & needles, both in terms of volume and value have been provided in the next section. It also includes the regional break-up of the imports and exports.

An analysis of the drivers explains the factors leading to the growth of the market which include increasing need of insulin doses, increasing demand for vaccines, improving health infrastructure, growing incidence of diseases, changing demographics and health check-up packages. Some of the major challenges to the market are illegal recycling of syringes & needles and problems associated with usage. Government legislation in the market has been discussed in the next section.

The competition section highlights the features of the major players operating in the market. A brief profile of the major domestic and foreign players in the market along with their financials has been included in this section.

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A section providing strategic recommendations has been given at the end of the report which gives effective solutions to existing and potential players for improving market share and increasing profitability. The Market report answers the following questions:

What is the aim of the report?
• The market report presents the estimated market size of Pharmaceuticals Packaging Market by the end of forecast period. Additionally, the historical and current market size is also examined in the report.
• Based on various indicators, the Year on Year growth (%) and compound annual growth rate (CAGR) for the given forecast period is offered.
• An overview of the Market based on geographical scope, market segmentation and financial performance of key players is presented in the report.
• The report presents current trends in the industry and future scope of the Market in North America, Asia Pacific, Europe, Latin America and Middle East and Africa.
• The various parameters accelerating the growth of Market are incorporated in the research report.
• The report analyzes growth rate, market size and valuation of the Market during the forecast period.

What aspects regarding the regional analysis Market are included in this report?
• Geographical regions covered in the report include North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.
• The report consists of detailed region-wise analysis of current and future market trends, providing information on product usage and consumption.
• The growth rate of the market in every region, including their countries over the forecast period is included in the market report.
• Based on what factors are the key market players assessed in this report?
• The report offers detailed analysis of leading companies in the market across the globe.
• It provides details of the major vendors involved in the Market including Key Players
• A comprehensive overview of each company including the company profile, generated revenue, pricing of goods and
• the manufactured products is incorporated in the report.
• The facts and figures about market competitors along with standpoints of leading market players are presented in the report.
• The recent developments, mergers and acquisitions related to mentioned key players are provided in the market report.

What is the key information extracted from the report?
• Extensive information on factors estimated to affect the Market growth and market share during the forecast period is presented in the report.
• The report offers the present scenario and future growth prospects Market in various geographical regions.
• The competitive landscape analysis on the market as well as the qualitative and quantitative information is delivered.
• The SWOT analysis is conducted along with Porter's Five Force analysis.
• The in-depth analysis provides an insight into the Market, underlining the growth rate and opportunities offered in the business.

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