Press release
Leading Pharmaceutical Packaging Companies in India | By IMARC Group
India Pharmaceutical Packaging Companies
Pharmaceutical packaging refers to exclusive packaging items that are designed for the storage, protection, identification, and traceability of various medicines and drugs. They are made using plastic or glass and are available in numerous types, such as bottles, syringes, vials and ampoules, tubes, caps and closures, pouches, labels, etc. Pharmaceutical packaging products safeguard medicinal products from chemical, environmental, and mechanical hazards, offer drug information, and prevent damage to products during bulk handling and shipping. Consequently, they find extensive applications in several sectors in India, including pharma manufacturing, contract packaging, retail pharmacy, institutional pharmacy, etc.
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India Pharmaceutical Packaging Industry Growth Analysis:
The escalating prevalence of cancer, diabetes, cardiovascular and respiratory diseases, etc., and the rising sales of medicines and nutritional supplements are primarily driving the top Indian pharmaceutical packaging companies. Moreover, the launch of the Production Linked Incentive (PLI) scheme by government bodies aimed at encouraging domestic manufacturing of drug intermediates (DIs), critical key starting materials (KSM), and active pharmaceutical ingredients (APIs) for reducing dependency on imports is further stimulating the market across the country. In line with this, the growing establishment of health and wellness centers (HWCs) for delivering comprehensive primary health care (CPHC) that cover non-communicable diseases and child and maternal health care services and provide free essential medicines and diagnostic services is acting as significant growth-inducing factors.
Apart from this, the elevating exports of generic medicines and the introduction of new regulatory standards for packaging recycling are also positively influencing the market growth. Additionally, the development of child-resistant packaging (CRP), which can lower the risk of poisoning among children through the ingestion of over-the-counter (OTC) medicines and prescription drugs, is expected to propel the top Indian pharmaceutical packaging companies.
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Top Pharmaceutical Packaging Companies in India:
• Amcor plc
Establishment: 1860
Headquarters: Victoria, Australia
• AptarGroup Inc.
Establishment: 1992
Headquarters: Illinois, United States
• EPL Limited
Establishment: 1982
Headquarters: Mumbai, India
• Huhtamaki India Ltd
Establishment: 1935
Headquarters: Mumbai, India
• Nipro India Corporation Pvt. Ltd.
Establishment: 1947
Headquarters: Pune, India
• Parekhplast India Limited
Establishment: 1981
Headquarters: Mumbai, India
• SCHOTT Pharmaceutical Packaging
Establishment: 1884
Headquarters: Pennsylvania, United States
• SGD Pharma
Establishment: 1896
Headquarters: Paris, France
• UFlex Limited
Establishment: 1985
Headquarters: Noida, India
• West Pharmaceutical Services Inc.
Establishment: 1932
Headquarters: Pennsylvania, United States
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