Pharmaceutical Packaging Market worth $307.05 billion by 2030, growing at a CAGR of 10.10% - Exclusive Report by 360iResearch

The "Pharmaceutical Packaging Market by Type (Ampoules, Blister Packs, Caps & Closures), Delivery Mode (Injectables, IV Drugs, Nasal), Level of Packaging, Material, End User - Global Forecast 2023-2030" report has been added to 360iResearch.com's offering.

The Global Pharmaceutical Packaging Market to grow from USD 142.10 billion in 2022 to USD 307.05 billion by 2030, at a CAGR of 10.10%.

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Pharmaceutical packaging refers to the processes and materials used to encase and protect pharmaceutical products. It includes a range of container types like bottles, vials, blisters, tubes, syringes, ampoules, closures, labels, and secondary packaging materials. The packaging is designed to provide barrier protection, convenience in handling, and convey essential information about the medications. Pharmaceutical packaging has a critical role in ensuring the safety, quality, and efficacy of drugs. It serves numerous applications, including providing barrier protection against environmental factors and child resistance and accommodating the demands of specific modes of drug delivery. The primary end-users of pharmaceutical packaging are pharmaceutical manufacturers, healthcare providers, and patients. Growth in the pharmaceutical packaging market is influenced by several factors, such as growing smart packaging for patient engagement and identification, rising demand for primary pharmaceutical packaging, and increasing demand for biologics packaging. Moreover, stricter regulations for packaging in terms of child resistance and tamper-evidence boost innovation and compliance-related investments. However, the expansion of pharmaceutical packaging is hindered by the price volatility of pharmaceutical packaging raw materials, adherence to the global and local regulatory landscape, and meeting sustainability goals while maintaining the integrity of the packaging. On the other hand, the latest opportunities within the pharmaceutical packaging market include the evolution of nanotechnology due to innovative and new-generation packaging solutions, the emergence of eco-friendly and sustainable packaging solutions, and the customization of packaging for personalized treatment protocols.

The United States stands as a prominent country for pharmaceutical packaging, driven by advanced healthcare infrastructure, stringent regulatory frameworks, and a high demand for drug delivery solutions. Regarding investments and initiatives, the US market is witnessing substantial growth in the biologics sector, necessitating sophisticated packaging solutions for sensitive products. Companies in the region continuously file patents for groundbreaking packaging designs and materials. In South America, rising healthcare expenditures and increasing access to healthcare services in countries such as Brazil and Argentina facilitate the growth of pharmaceutical packaging. The pharmaceutical packaging market in EU countries is highly regulated, focusing on patient safety and anti-counterfeiting measures. Patient-centric designs and adherence-compliant packaging are primary consumer needs across this region. Customers tend to favor packaging that integrates security features and promotes sustainability. EU initiatives often involve developing eco-friendly packaging materials and recycling programs. In wealthier nations within the Middle East, there is an increasing demand for high-quality pharmaceutical packaging that aligns with international standards. Africa, being a resource-limited setting, tends to focus on affordable and functional packaging solutions. However, there is an emerging focus on improving quality and counteracting counterfeit medications. The pharmaceutical packaging market in the APAC region is currently the fastest-growing globally due to rapidly developing healthcare sectors, increased healthcare spending, and a growing elderly population, especially in countries such as China, Japan, and Australia. The Chinese government's policies promoting innovation in pharmaceuticals have increased customer expectations for advanced packaging. Japan's pharmaceutical packaging market is developed, emphasizing precision, quality, and product integrity. The aging population leads to a consumer need for easy-to-use and senior-friendly packaging. India's pharmaceutical packaging market is characterized by cost-effectiveness due to the country's role as a significant exporter of generic drugs.

Market Segmentation & Coverage:

This research report categorizes the Pharmaceutical Packaging Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Type, market is studied across Ampoules, Blister Packs, Caps & Closures, Cartridges, Labels & Accessories, Plastic Bottles, Pouches, Pre-Filled Inhalers, Pre-Filled Syringes, and Vials. The Blister Packs commanded largest market share of 16.91% in 2022, followed by Labels & Accessories.

Based on Delivery Mode, market is studied across Injectables, IV Drugs, Nasal, Ocular, Oral, Pulmonary, Topical, and Transdermal. The Oral commanded largest market share of 29.42% in 2022, followed by Injectables.

Based on Level of Packaging, market is studied across Primary, Secondary, and Tertiary. The Primary commanded largest market share of 73.83% in 2022, followed by Secondary.

Based on Material, market is studied across Aluminum Foil, Glass, Paper, and Plastics & Polymers. The Plastics & Polymers is further studied across Polyethylene (PE), Polyethylene terephthalate (PET), Polypropylene (PP), Polystyrene (PS), and Polyvinyl Chloride (PVC). The Plastics & Polymers commanded largest market share of 32.52% in 2022, followed by Glass.

Based on End User, market is studied across Contract Packaging, Institutional Pharmacy, Pharmaceutical Manufacturing, and Retail Pharmacy. The Pharmaceutical Manufacturing commanded largest market share of 39.42% in 2022, followed by Contract Packaging.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 42.63% in 2022, followed by Americas.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Pharmaceutical Packaging Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Pharmaceutical Packaging Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Pharmaceutical Packaging Market, highlighting leading vendors and their innovative profiles. These include 3M Company, Amcor PLC, AptarGroup, Inc., Becton, Dickinson and Company, Berry Global, Inc., Catalent, Inc., CCL Industries Inc., Comar, LLC, Constantia Flexibles, Drug Plastics Group, EPL Limited, Gaplast GmbH, Gerresheimer AG, Klöckner Pentaplast Group, Lonza Group AG, McKesson Corporation, Mondi PLC, Nipro Corporation, Nolato AB, Origin Pharma Packaging, Schott AG, Sealed Air Corporation, SGD S.A., URSATEC GmbH, Vetter Pharma-Fertigung GmbH & Co. KG, W. L. Gore & Associates Inc., West Pharmaceutical Services, Inc., and Westrock Company by Smurfit Kappa Group.

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Pharmaceutical Packaging Market, by Type
7. Pharmaceutical Packaging Market, by Delivery Mode
8. Pharmaceutical Packaging Market, by Level of Packaging
9. Pharmaceutical Packaging Market, by Material
10. Pharmaceutical Packaging Market, by End User
11. Americas Pharmaceutical Packaging Market
12. Asia-Pacific Pharmaceutical Packaging Market
13. Europe, Middle East & Africa Pharmaceutical Packaging Market
14. Competitive Landscape
15. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Pharmaceutical Packaging Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Pharmaceutical Packaging Market?
3. What is the competitive strategic window for opportunities in the Pharmaceutical Packaging Market?
4. What are the technology trends and regulatory frameworks in the Pharmaceutical Packaging Market?
5. What is the market share of the leading vendors in the Pharmaceutical Packaging Market?
6. What modes and strategic moves are considered suitable for entering the Pharmaceutical Packaging Market?

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