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Outlook on the Pharmaceutical Packaging Global Market to 2026 - Key Industry Analysis and Forecasts

Research and Markets
·7-min read

Dublin, March 29, 2021 (GLOBE NEWSWIRE) -- The "Global Pharmaceutical Packaging Market By Material, By Product, By Region, Industry Analysis and Forecast, 2020 - 2026" report has been added to ResearchAndMarkets.com's offering.

The Global Pharmaceutical Packaging Market size is expected to reach $178.1 billion by 2026, rising at a market growth of 10.4% CAGR during the forecast period. Pharmaceutical packaging refers to the process of packaging pharmaceutical products by using materials that are compatible with drugs in order to protect, identify and prevent the integrity of the drug products.

The pharmaceutical industry has witnessed a significant rise in various developing countries like India, Brazil, and China due to the growing population, increasing disposable income, and rising focus on increasing life expectancy which is estimated to support the growth of the market. Additionally, the pharmaceutical packaging manufacturers increasingly aim towards sustainability by adopting recyclable and biodegradable material which is propelling the market growth. Furthermore, many companies are exploring the opportunities created by the increasing demand for convenient packaging types like auto-injectors and pre-filled syringes in the market.

The growth of the pharmaceutical packaging market is expected to witness a surge due to the increasing demand for user-friendly medicines like biologics. Biologics plays an important role in the treatment of diseases when any other treatments are not available. These are produced by using animals, microbes, human or plant cells and are most prone to contamination and heat sensitivity. As a result, the demand for specialized packing is estimated to increase which will further propel the growth of the market.

Material Outlook

Based on Material, the market is segmented into Plastics & Polymers, Paper & Paperboard, Glass, Surveillance & Monitoring, and Others. The plastics & polymers material segment acquired the major revenue share and is expected to maintain its dominance during the forecast period. The Plastics & polymers segment includes various variants like polypropylene, polyethylene, polyvinyl chloride, terephthalate, and polystyrene, which are majorly utilized in the production of numerous pharmaceutical packaging products.

Product Outlook

Based on Product, the market is segmented into Plastic Bottle, Specialty Bags, Labels, Blister packing, Parenteral Container, Closures, and Other Products. The plastic bottles segment has witnessed the highest growth in 2019. Plastic bottles are majorly utilized in packaging solid-dose Over-the-Counter (OTC) medicines, bulk, and the prescription dose of oral ethical drugs.

Regional Outlook

Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa. Asia-Pacific region is expected to record the high CAGR during the forecast period. India, China, South Korea, and Japan are among the major markets of the region. Consistent economic growth along with the increasing population in this region is estimated to propel the demand for pharmaceutical products over the forecast period. Additionally, rising government rules & regulations for drug safety are anticipated to surge the growth of the market in this region.

The major strategies followed by the market participants are Acquisitions. Based on the Analysis presented in the Cardinal matrix; Mastercard, Inc., Becton, Dickinson and Company, International Paper Company, CCL Industries, Inc., Amcor PLC, and Berry Global Group, Inc. are the forerunners in the Pharmaceutical Packaging Market. Companies such as Westrock Company, AptarGroup, Inc., and O-I Glass, Inc. are some of the key innovators in the market.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Becton, Dickinson and Company, CCL Industries Ltd., Amcor PLC, AptarGroup, Inc., O-I Glass, Inc. (Owens Illinois, Inc.), West Pharmaceutical Services, Inc., Berry Global Group, Inc., WestRock Company, International Paper Company, and Comar, LLC.

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Key Topics Covered:

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Pharmaceutical Packaging Market, by Material
1.4.2 Global Pharmaceutical Packaging Market, by Product
1.4.3 Global Pharmaceutical Packaging Market, by Geography
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. Competition Analysis - Global
3.1 Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Geographical Expansions
3.2.4 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020)

Chapter 4. Global Pharmaceutical Packaging Market by Material
4.1 Global Plastics & Polymers Market by Region
4.2 Global Paper & Paperboard Market by Region
4.3 Global Glass Market by Region
4.4 Global Aluminum Foil Market by Region
4.5 Global Other Materials Market by Region

Chapter 5. Global Pharmaceutical Packaging Market by Product
5.1 Global Plastic Bottle Pharmaceutical Packaging Market by Region
5.2 Global Specialty Bags Pharmaceutical Packaging Market by Region
5.3 Global Labels Pharmaceutical Packaging Market by Region
5.4 Global Blister packing Pharmaceutical Packaging Market by Region
5.5 Global Parenteral Container Pharmaceutical Packaging Market by Region
5.6 Global Closures Pharmaceutical Packaging Market by Region
5.7 Global Other Products Market by Region

Chapter 6. Global Pharmaceutical Packaging Market by Region
6.1 North America Pharmaceutical Packaging Market
6.2 Europe Pharmaceutical Packaging Market
6.3 Asia Pacific Pharmaceutical Packaging Market
6.4 LAMEA Pharmaceutical Packaging Market

Chapter 7. Company Profiles
7.1 Becton, Dickinson and Company
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Partnerships, Collaborations, and Agreements:
7.1.5.2 Geographical Expansions:
7.2 CCL Industries, Inc.
7.2.1 Company Overview
7.2.1 Financial Analysis
7.2.2 Segmental and Regional Analysis
7.2.3 Recent strategies and developments:
7.2.3.1 Acquisition and Mergers:
7.3 Amcor PLC
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Acquisition and Mergers:
7.3.5.2 Product Launches and Product Expansions:
7.4 AptarGroup, Inc.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Partnerships, Collaborations, and Agreements:
7.4.5.2 Acquisition and Mergers:
7.4.5.3 Product Launches and Product Expansions:
7.5 O-I Glass, Inc. (Owens Illinois, Inc.)
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Regional Analysis
7.5.4 Research & Development Expense
7.5.5 Recent strategies and developments:
7.5.5.1 Partnerships, Collaborations, and Agreements:
7.5.5.2 Acquisition and Mergers:
7.6 West Pharmaceutical Services, Inc.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental &Regional Analysis
7.6.4 Research & Development Expenses
7.6.5 Recent strategies and developments:
7.6.5.1 Partnerships, Collaborations, and Agreements:
7.6.5.2 Product Launches and Product Expansions:
7.7 Berry Global Group, Inc.
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expense
7.7.5 Recent strategies and developments:
7.7.5.1 Acquisition and Mergers:
7.8 WestRock Company
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Recent strategies and developments:
7.8.4.1 Acquisition and Mergers:
7.9 International Paper Company
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Research & Development Expense
7.9.5 Recent strategies and developments:
7.9.5.1 Acquisition and Mergers:
7.10. Comar, LLC
7.10.1 Company Overview
7.10.2 Recent strategies and developments:
7.10.2.1 Acquisition and Mergers:

For more information about this report visit https://www.researchandmarkets.com/r/xbupmm

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