Press release
Global Pharmaceutical Packaging Market 2024 Sale and Forecast, Driver, Trends, Business Strategy Segments, Growth Prospects, by Key Players Gerresheimer AG, Becton, Dickinson and Company and other players operating in this market are include Schott AG, Ap
Global Pharmaceutical Packaging Market
Global Pharmaceutical Packaging Market By Product Type (Plastic Bottles, Blister Packaging, Drug Delivery Devices, Labels & Accessories, Caps & Closures, Secondary Containers, Pouches & Strips, Others)
By Application (Drug Delivery, Veterinary Vaccines),
By Raw Material (Plastics, Paper and Paper board, Metals, Glass, Others )
By Purchase Organization (Manufacturer, Packaging Companies, Government Agencies) – Industry Trends and Forecast to 2024
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Competitive Analysis:
The Amcor Limited is going to dominate the global pharmaceutical packaging followed by Gerresheimer AG, Becton, Dickinson and Company and other players operating in this market are include Schott AG, AptarGroup, Inc., BAUSCH + STRÖBEL, ROBERT BOSCH GMBH, Lonza and DuPont.
Table of Contents
1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global, By Component
7. Product Type
8. Delivery
9. Industry Type
10. Geography
10.1. Overview
10.2. North America
10.3. Europe
10.4. Asia-Pacific
10.5. South America
10.6. Middle East & Africa
11. Company Landscape
12. Company Profiles
13. Related Reports
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Key Drivers:
The major factors driving the growth of this market are rapid growth of the pharmaceutical industry globally, increasing demand for drug delivery devices & blister packaging; technological advancements are boosting the growth of the global pharmaceutical packaging market. On the other hand, environmental concerns and recycling issues, growing cost of raw materials, stringent regulations set by various governing bodies may hinder the growth of the market.
Segmentation:
• The global pharmaceutical packaging market is segmented on the basis of product type, application, raw materials and purchase of organization. The report provides data for 2015 to 2024, 2016 being the current year while 2017 to 2024 is the forecast period for the report.
• The global pharmaceutical packaging market is segmented based on product type into plastic bottles, blister packaging, drug delivery devices, labels & accessories, caps & closures, secondary containers, pouches & strips, and others. In 2017, plastic bottles is expected to dominate the pharmaceutical packaging market with 20.6% market share and is expected to reach USD 18,535.8 million by 2024, growing at the highest CAGR of 7.5% in the forecast period 2017 to 2024.
• The global pharmaceutical packaging market is segmented on the basis of application into drug delivery, and veterinary vaccines. In 2017, drug delivery is expected to dominate the pharmaceutical packaging market with 78.9% market share and is expected to reach USD 67,785.2 million by 2024, growing at the highest CAGR of 6.8% in the forecast period 2017 to 2024.The drug delivery application is further sub-segmented into oral drugs, injectable, topical, ophthalmic, nasal, pulmonary, transdermal, and others. The veterinary vaccines application is further sub-segmented into livestock vaccines, porcine vaccines, poultry vaccines, canine vaccines, feline vaccines, equine vaccines, aquaculture vaccines, and others.
• The global pharmaceutical packaging market is segmented on the basis of raw material into plastics, paper and paper board, metals, glass, and others. In 2017, plastics is expected to dominate the pharmaceutical packaging market with 42.7% market share and is expected to reach USD 37,128.0 million by 2024, growing at the highest CAGR of 7.0% in the forecast period 2017 to 2024.Plastics segment is further sub-segmented into high-density polyethylene, polypropylene, low-density polyethylene, and others.
• The global pharmaceutical packaging market is segmented on the basis of purchase organization into manufacturer, packaging companies, and government agencies. In 2017, manufacturer is expected to dominate the pharmaceutical packaging market with 51.5% market share and is expected to reach USD 44,854.1 million by 2024, growing at the highest CAGR of 7.0% in the forecast period 2017 to 2024.
• Based on geography, the market is segmented into 5 geographical regions, North America, Europe, Asia-Pacific, South America and Middle East and Africa.
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About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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