Press release
Pharmaceutical Packaging Market worth $361.93 billion by 2030
The global pharmaceutical packaging market size was valued at $150.10 billion in 2024 and is projected to reach $361.93 billion by 2030, growing at a CAGR of 15.8% during the forecast period. Key drivers of pharmaceutical packaging include increasing demand for convenient and user-friendly packaging solutions the growth in the global pharmaceutical industry and rising drug approvals, advances in packaging technology and materials, and rising demand for sustainable and eco-friendly packaging solutions.Request for Free Sample: https://diligenceins.com/packaging/pharmaceutical-packaging-market/request-sample
Based on the raw material, the plastics segment is expected to dominate the market share during the forecast period owing to their high degree of versatility, enabling the production of various packaging forms such as bottles, blister packs, syringes, and vials, which are essential for different types of medications. Their lightweight nature reduces shipping costs and improves handling efficiency, while their durability ensures the protection of pharmaceutical products from physical damage and contamination. Plastics can be easily molded into tamper-proof and child-resistant designs, enhancing safety. Moreover, advanced plastic materials can provide effective barriers against moisture, oxygen, and light, preserving the integrity and shelf life of sensitive drugs. The ability to incorporate features such as transparency, flexibility, and reusability further adds to their appeal. Additionally, innovations in biodegradable and recyclable plastics align with growing environmental concerns, offering sustainable solutions without compromising functionality. These combined advantages have led to the widespread adoption and growing demand for plastic-based pharmaceutical packaging.
By geography, the Asia Pacific is anticipated to experience the highest compound annual growth rate during the forecast period due to the region's rapidly growing population and increasing prevalence of chronic diseases. Additionally, economic development and rising income levels in countries like China and India have improved access to healthcare services, further boosting the demand for medications and their packaging. The expansion of the pharmaceutical manufacturing industry in this region, supported by favorable government policies and investments, has also contributed to the surge in packaging needs. Moreover, advancements in packaging technologies and materials, along with a focus on ensuring drug safety and compliance with stringent regulatory standards, have spurred the demand for innovative and high-quality pharmaceutical packaging solutions. The increasing awareness and adoption of sustainable packaging practices in response to environmental concerns are also driving the market growth in the Asia Pacific region.
List of the Key Players Profiled in the Report Includes:
• Amcor PLC
• AptarGroup Inc
• BD
• Berry Global
• Catalent, Inc
• Gerresheimer
• NIPRO Corporation
• Schott AG
• Sealed Air
• West Pharmaceutical Services, Inc
• Westrock Company
Request for Free Sample: https://diligenceins.com/packaging/pharmaceutical-packaging-market/request-sample
Market by, Drug Delivery:
• Injectables
• IV Drugs
• Nasal
• Ocular/Ophthalmic
• Oral Drugs
• Pulmonary
• Topical
• Transdermal
• Other Drug Deliveries
Market by, Raw Material:
• Glass
• Metal
• Paper & Paperboard
• Plastics
• Other Raw Materials
Market by, Type:
• Ampoules
• Blister Packs
• Caps & Closures
• Cartridges
• Jars & Canisters
• Labels & Accessories
• Medical Specialty Bags
• Medication Tubes
• Plastic Bottles
• Pouches & Strips
• Pre-filled Inhalers
• Pre-filled Syringes
• Temperature-controlled Packaging
• Vials
• Other Types
Market by, Packaging Type:
• Primary
• Secondary
MEDIA CONTACT
Name: Arjun Jain
Head - Press and Media
Email: info@diligenceins.com
Phone: +91-76589-88058
Diligence Insights LLP
About Diligence Insights LLP
Diligence Insights LLP is a leading market research firm incorporated to help clients across their planning lifecycle to develop business growth in the competitive market scenario by delivering excellent quality syndicated research reports.
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