(EMAILWIRE.COM, March 08, 2025 ) ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The pharmaceutical packaging market is poised for strong growth, with an estimated compound annual growth rate (CAGR) of 9.5% from 2023 to 2030. This market focuses on the packaging materials used to protect pharmaceuticals like medicines and preparations, ensuring they remain safe, uncontaminated, and retain their efficacy over time. Pharmaceutical packaging is categorized into primary, secondary, and tertiary packaging, each serving a distinct role, from surrounding the product to facilitating its distribution and transit. Packaging is essential for product preservation, marketing, and ensuring proper information is provided to consumers.
๐๐จ ๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐: https://www.datamintelligence.com/download-sample/pharmaceutical-packaging-market
๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ ๐๐ง๐ ๐๐ซ๐๐ง๐๐ฌ:
๐๐ก๐ ๐๐ฑ๐ญ๐๐ง๐ฌ๐ข๐ฏ๐ ๐ข๐ง๐ฏ๐๐ฌ๐ญ๐ฆ๐๐ง๐ญ๐ฌ ๐๐ง๐ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ ๐ญ๐ก๐ ๐ฉ๐ก๐๐ซ๐ฆ๐๐๐๐ฎ๐ญ๐ข๐๐๐ฅ ๐ฌ๐๐๐ญ๐จ๐ซ
The pharmaceutical industry is one of the fastest-growing investment sectors globally, driven by its essential role in preserving and improving human health. This growth is largely fueled by substantial funding for research and development (R&D) and an increase in consumer spending on retail pharmaceutical products, as a result of the rising incidence of diseases and the growing demand for medications worldwide. For example, the Organisation for Economic Co-operation and Development (OECD) reports that retail pharmaceutical spending per person averages approximately US$ 564 across 37 OECD countries. Additionally, according to the International Federation of Pharmaceutical Manufacturers & Associations (IFPMA), the global research-based pharmaceutical sector invests over US$ 149.8 million annually in R&D.
Pharmaceutical packaging plays a crucial role in protecting products from environmental factors like temperature and moisture, which can affect their quality and shelf life. This, along with the need to minimize damage during distribution, drives the growth of the global pharmaceutical packaging market, complementing the expansion of the pharmaceutical industry and contributing significantly to its economic development. As a result, the pharmaceutical packaging sector can be considered a key market driver.
๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
By Type: Plastic Bottles, Temperature-Controlled Packaging, Ampoules, Vials, Prefilled Inhalers, Blister Packs, Pouches & Strip Packs, Medication Tubes, Jars & Canisters, Cartridges, Labels & Accessories, Caps & Closures, Medical Specialty Bags, Prefilled Syringes, Others.
By Raw Material: Paper & Paperboards, Plastics & Polymers, Metals, Glass, Others.
By Drug Delivery Mode: Oral Drug Delivery Packaging, IV Drugs Delivery Packaging, Pulmonary Drug Delivery Packaging, Injectable Packaging, Transdermal Drug Delivery Packaging, Topical Drug Delivery Packaging, Nasal Drug Delivery Packaging, Ocular Drug Delivery Packaging.
By Application: Veterinary Vaccines, Drug Delivery.
By End-User: Government Agencies, Packaging Companies, Manufacturer.
By Region: North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง: https://www.datamintelligence.com/customize/pharmaceutical-packaging-market
๐๐๐ซ๐ค๐๐ญ ๐๐๐จ๐ ๐ซ๐๐ฉ๐ก๐ข๐๐๐ฅ ๐๐ก๐๐ซ๐:
๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐: The region leads the global pharmaceutical packaging market, driven by numerous pharmaceutical companies, high healthcare spending, and a rising prevalence of chronic diseases. The U.S. accounts for a significant portion of global pharmaceutical sales, further boosting the demand for packaging.
๐๐ฌ๐ข๐-๐๐๐๐ข๐๐ข๐: The region is experiencing rapid growth, particularly due to its large population and high incidence of chronic diseases. This growth is supported by increasing demand for pharmaceutical products and an expanding healthcare infrastructure.
๐๐ฎ๐ซ๐จ๐ฉ๐: Although Europe holds a smaller share compared to North America and Asia-Pacific, it remains a significant player, driven by the presence of major pharmaceutical companies and high healthcare investments.
๐๐๐ซ๐ค๐๐ญ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ:
The market features intense competition with both local and global players. Major companies include:
Berry Global Inc
McKesson Corporation
CCL Industries
3M
Gerresheimer AG
WestRock Company
Amcor plc
Mondi
Thermo Fisher Scientific
Robert Bosch GmbH
๐๐๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ:
On October 8, 2020, Berry Global Group, Inc. announced its plans to invest in a state-of-the-art Reicofil R5 asset to expand its capacity for serving the rapidly growing healthcare markets in Asia.
On March 4, 2020, the company invested approximately US$ 30 million to boost the production capacity of ultra-high performance (UHP) machine and hand stretch films, which are essential for pharmaceutical applications at its North American location.
On September 21, 2020, Berry Global Group, Inc. partnered with Bhoomi to launch a 100% sugarcane-based bottle for their cold-pressed cane water elixir. This eco-friendly 12-ounce HDPE bottle is manufactured in Winchester, Virginia, showcasing the companyยs commitment to sustainable packaging solutions.
DataM Intelligence
Sai Kiran
+1 877 441 4866
[email protected]
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