openPR Logo
Press release

Parenteral Packaging Market - Global Industry Analysis and Opportunity Assessment For 2026

11-01-2017 01:36 PM CET | Industry, Real Estate & Construction

Press release from: Future Market Insights

Introduction

Packaging in parenteral is a process that allows the drug or other fluid to keep its potency and therapeutic effectiveness intact throughout the shelf life or till the time the drug is administered. Effective packaging in parenteral is required to protect drugs from contamination and aseptic administration to the patient.

The pharmaceuticals industry has experienced significant technological advancements over the last few years. As a result, recent advancement in routes of drug administration is shaping the market demand for parenteral products far surpasses production.

Get Sample Report@ https://www.futuremarketinsights.com/reports/sample/rep-gb-1258

Market Value and Forecast

Pharmaceuticals packaging has witnessed major modifications over the past decade, making parenteral packaging a future business perspective for entrepreneurs. Major players, manufacturing raw materials are themselves shifting towards parenteral packaging process.

The global parenteral packaging market has been estimated to be valued at US$ 8,665 Mn by 2016 end and is expected to expand at a 10.2% CAGR over the forecast period (2016–2026).

Market Dynamics

Growth of the global parenteral packaging market is specifically driven by the expansion of global pharmaceuticals industry, which is projected to expand at a CAGR of 9.6% over the forecast period (2016–2026). Shifting trend of primary packaging material from glass to plastic and polymer is an exclusive factor, which is anticipated to drive the parenteral packaging market in the near future. Furthermore, the growing prevalence of chronic diseases such as diabetes, cancer, chronic intestinal diseases and hepatic failure, are further expected to drive the growth of the parenteral packaging market. Besides, rising adoption of injection based therapy and government initiatives for preventive measures to ward off diseases such as hepatitis and polio are further fuelling the market demand for parenteral packaging. Furthermore, rise in ageing population around the globe is anticipated to favour the inclination of parenteral packaging market growth.

Market Segmentation by Product Type

The prefilled syringes are becoming the face of parenteral products and rising demand of the same is reinforcing the market growth of total parenteral packaging market. Moreover, on the basis of product type, the market is categorised into bags, ampoules, vials, prefilled syringes & cartridges and ready-to-mix systems. Among all the above stated segments, the prefilled syringes & cartridges segment is expected to witness the highest growth over the forecast period.

Market Segmentation, by Material

Growing regulatory concerns towards the use of glass material in parenteral packaging are enforcing drug manufacturers to shift from glass to plastic packing, which in turn fuels the plastic & polymer segment growth. Furthermore, under material category, the market is divided into two segments, namely glass and plastic & polymer. The plastic & polymer segment is further divided into two categories, i.e. PVC and polyolefin. The plastic & polymer segment is expected to expand at a prominent CAGR over the forecast period.

Market Segmentation, by Packaging Type

Packaging type refers to the need of patients as well as the need of the drug. Small volume and large volume parenteral products are differentiated by the capacity of the drug to be administered, which can show their potency. On the basis of packaging type, the market is segmented into two main categories, namely small volume parenteral and large volume parenteral. The small volume parenteral segment is estimated to account for the highest market share in 2016 end, and will continue to dominate the segment over the forecast period.

Browse Report@ https://www.futuremarketinsights.com/reports/parenteral-packaging-market

Key Regions

Demand for parenteral products are inconsistent around the globe and driven by the factors such as rise in ageing population, growth in disposable income and improved healthcare conditions in respective regions. In this report, the global parenteral packaging market has been segmented into seven major regions, namely North America, Latin America, Eastern Europe, Western Europe, Asia Pacific Excluding Japan (APEJ), Japan and the Middle East & Africa (MEA). In terms of value, North America market accounts for the maximum revenue share of the overall market, among all the regional markets, followed by Western Europe. North America and Europe collectively accounts for maximum market share. North America parenteral packaging market is expected to expand at a CAGR of 11.2% over the forecast period, and is expected to continue to dominate the market in terms of value. Meanwhile, the APEJ market is expected to expand at a significant CAGR of 10.2% over the forecast period, due to the economic manufacturing conditions and favourable trade conditions. North America is closely followed by Western Europe market as it is expected to expand at a high growth rate. Among all the regions, the Eastern Europe market is expected to expand at a moderate CAGR of 8.2% over the forecast period.

About Us:-

FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.

Contact Us:-

3rd Floor, 207 Regent Street,
London W1B 3HH,
United Kingdom
T: + 44 (0) 20 7692 8790
D: +44 (0) 20 3287 4268
Email: sales@futuremarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Parenteral Packaging Market - Global Industry Analysis and Opportunity Assessment For 2026 here

News-ID: 796871 • Views: 149

More Releases from Future Market Insights

How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring

All 5 Releases


More Releases for CAGR

Wireless Charging Industry Climbing Towards CAGR 45.5%
According to a recent report published by Allied Market Research, titled, Global Wireless Charging Market by Technology and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2018-2025, The global wireless charging market was valued at $5,220.0 million in 2017, and is projected to reach $71,213.0 million by 2025, registering a CAGR of 38.7% from 2018 to 2025. At present, Asia-Pacific dominates the market, followed by North America. In 2017, the U.S.
Xanthates Market CAGR to Grow at 4.7%
Persistence Market Research in its latest report projects that the global xanthates market will grow at a CAGR of 6.1% over the forecast period (2017-2025). Owing to Xanthates’ excellent mineral ore processing capabilities, its global sales have witnessed a significant rise in recent years. Mining complexity and declining ore quality have led to a major increase in demand for specialty chemicals to process ores. Towards the end of 2025, around
Global Serious Games Market Show 19.2% CAGR
A new report added by Allied Market Research, forecast that the global serious games market was valued at $2,731 million in 2016, and is projected to reach $9,167 million by 2023, growing at a CAGR of 19.2% from 2017 to 2023. The consumers segment is anticipated to grow at the highest rate during the forecast period. Asia-Pacific generated the highest revenue in the global serious games market in 2016 due to
Biogas Market CAGR to Grow at 6.5%
Global demand for biogas has witnessed a spike in demand, owing to mounting concerns over depleting fossil reserves and environmental impact of conventional fuels. According to Future Market Insights, global biogas market revenues totalled nearly US$ 24.5 Bn in 2015. During the forecast period 2016-2026, global biogas revenues are estimated to reach US$ 48, 761.2 million, growing at a steady 6.5% CAGR. Between 2016 and 2026, the global biogas revenues
Bioinsecticides market expecting CAGR 5.4%
Reports And Markets Publish a New Market Research Report On –"Bioinsecticides market- Growth, Trends, Forecast for the period (2017 - 2022)" Access Full Report With Table Of Contents @ https://www.reportsandmarkets.com/reports/1071910-global-bioinsecticides-market-growth-trends-forecast-for-the-period-2017-2022 Pesticides constitute the largest category within the market for crop protection chemicals, with biopesticides accounting for a comparatively minute share. Global consumption of synthetic insecticides is projected to reach 833.32 thousand tons by volume and USD 19.6 billion by value by 2020
Biofertilizers Market witnessing a CAGR of 13.3%
Reports And Markets Publish a New Market Research Report On –"Biofertilizers Market - By Microorganism, Application and Geography - Trends and Forecasts (2016 -2021)" Access Full Report With Table Of Contents @ https://www.reportsandmarkets.com/reports/1071907-global-biofertilizers-market-by-microorganism-application-forecasts-2016-2021 Market Insights The global biofertilizers market, estimated at USD 590.9 million in 2015, is projected to reach USD 1.23 billion by 2021, witnessing a CAGR of 13.3% during the forecast period. The biofertilizers market is highly fragmented, with many small