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The global pharmaceutical packaging market is projected to grow at a CAGR of 5.29% to reach US$110.654 billion by 2025, from US 81.198 billion in 2019. Reduction in packaging cost and protection of dosage information are major growth factors of pharmaceutical packaging market.
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Pharmaceutical Packaging Market Forecast From 2020 to 2025
DESCRIPTION The global pharmaceutical packaging market is projected to grow at a CAGR of 5.29% to reach US$110.654 billion by 2025, from US81.198 billion in 2019. The pharmaceutical packaging is essential for containment and protection of the product, presentation, and information about the dosage form, identification of the components of the product and for the convenience associated with the administration of the product. The growth of the pharmaceutical packaging market is driven by the increasing demand for drug delivery devices, technological advancements, and reduction in the packaging cost with the advancement in the technology.
Key Questions Answered By The Report • What will be thePharmaceutical Packaging Marketfrom 2020 to 2025? • How are the major drivers and restraints affecting the Pharmaceutical Packaging Market • growth and the opportunities which exist for key vendors? • Which segment and region will drive or lead the market growth and why? • A comprehensive analysis of competitive landscape and key market participant’s behavior • Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth
Segments Covered Under Pharmaceutical Packaging Market are : • By Raw Materials • Plastics and Polymers • Glass • Paper and Paperboard • Metal Foils • Others • By Pharmaceutical Dosage Type • Liquid Dosage • Solid Dosage • Semi Solid and Pressurized Products • By Packaging Type • Blister Packs • Pre-Fillable Syringes • Medical Speciality Bags • Vials and Ampoules • Pouches and Strip Bags • Others
Geography • North America • United States • Canada • Mexico • Others • South America • Brazil • Argentina • Others
Geography Europe • Germany • France • Italy • United Kingdom • Others Middle East and Africa • Israel • Saudi Arabia • UAE • Others Asia Pacific • Japan • China • India • Others
COMPANY PROFILES • Amcor plc • CCL Industries • Gerresheimer AG • West Pharmaceutical Services, Inc. • IntraPac International LLC • Klöckner Pentaplast • SCHOTT AG • Aphena Pharma Solutions • Sonoco Products Company
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