Exactitude Consultancy Press Release: Global pharmaceutical packaging market

Rising demand for simple-to-use and disposable packaging leads towards the growth of pharmaceutical packaging market.

The growing emphasis on patient safety and convenience has led to an increase in demand for Packaging solutions that are easy to use and simplify the medication administration process. As a result, pharmaceutical companies are investing in packaging solutions that are designed to improve patient compliance and ensure the safe and effective use of medications. This has led to a growing demand for simple-to-use and disposable packaging solutions such as prefilled syringes, inhalers, and blister packs. The increasing focus on infection control and prevention in healthcare facilities has led to a greater need for disposable packaging solutions that can be easily discarded after use. This has led to an increase in demand for packaging materials that are hygienic, sterile, and disposable, such as single-use vials, ampoules, and bags.

Explore 310 market data Tables spread through nearly 185 Pages and in-depth analysis on “Pharmaceutical Packaging Market by Material (Plastics, Glass, Metal, Paper & Paperboard, Others), Form (Amorphous, Semi Crystalline), Product Type (Plastic Bottle, Parenteral Container, Blister Packing, Specialty Bags, Closures, Labels, Others), Packaging Type (Primary, Secondary, Tertiary), Drug Delivery Mode (Oral Drug Delivery Packaging, Injectable Packaging, Topical Drug Delivery Packaging, Pulmonary Drug Delivery Packaging, Transdermal Drug Delivery Packaging, Ocular Drug Delivery Packaging, Nasal Drug Delivery Packaging, Others) and by Region Global Trends and Forecast from 2022 to 2029″ with Table of Content

Additionally, the market for pharmaceutical packaging has expanded as a result of the increase of home healthcare services and self-administered medications. A growing need for packaging solutions that are simple to use, transport, and store has arisen as a result of patients handling their own healthcare requirements. As a result, novel packing strategies like pouches, sachets, and unit-dose packaging have been created. These are intended to increase patient comfort and compliance.

Nano-enabled packaging produces financial benefits for stakeholders across the globe propels the Pharmaceutical Packaging Market.

Nano-enabled packaging has emerged as a promising technology in the pharmaceutical packaging industry. nano-enabled packaging solutions can improve the shelf life of pharmaceutical products, thereby reducing the need for frequent replacements and saving costs for pharmaceutical companies. The use of nanotechnology in packaging can enhance the barrier properties of packaging materials, preventing oxygen and moisture from degrading the quality of pharmaceutical products. This can extend the shelf life of products, reducing the need for re-packaging and reducing wastage. In addition, packaging options with nanotechnology can lower the possibility of counterfeiting and boost supply chain security, which can reduce costs for pharmaceutical businesses and raise patient safety. Security features like tamper-evidence, anti-counterfeit markers, and tracking systems can be included in nano-enabled packaging solutions to prevent the introduction of fake medications into the supply chain. This can increase patient safety and lessen the financial losses incurred by pharmaceutical firms as a result of the sale of fake medications.

Plastics segment to remain the largest material used in the global pharmaceutical packaging market.

The primary raw substance utilised in the manufacture of pharmaceutical product packaging is plastic. This container primarily utilises plastics, including high-impact polystyrene (HIPS), polyethylene terephthalate (PET), polyvinyl chloride (PVC), polypropylene (PP), polycarbonate (PC), and polyethylene (HDPE). Since plastics are inexpensive, simple to mould into any shape or size, and have protective qualities, they make excellent packaging materials for pharmaceutical preparations. Drugs are shielded by these plastics from bodily harm and contamination. It is used for overwrap, blister packs, jars and containers, closures, and bottles. Due to its lightweight and affordable qualities, paper and paperboard are the second-most commonly used material in the pharmaceutical business. It is most frequently chosen for intermediate and tertiary packaging.

Primary packaging segment to be fastest-growing packaging type during the forecast period in pharmaceutical packaging market.

 The primary packaging segment is expected to be the fastest-growing packaging type during the forecast period in the pharmaceutical packaging market. It plays a critical role in protecting pharmaceutical products from external factors such as light, moisture, and air, which can degrade the quality and efficacy of the product. The primary packaging is the first layer of packaging that comes into contact with the product, and it is designed to provide a protective barrier that maintains the product’s integrity. As a result, the demand for primary packaging solutions such as vials, bottles, ampoules, and blister packs is expected to grow significantly during the forecast period. Additionally, the increasing demand for self-administered medications and home healthcare services has led to a greater need for primary packaging solutions that are easy to use and transport. Patients are increasingly managing their own healthcare needs, and this has led to a growing demand for packaging solutions that are convenient and easy to handle. As a result, primary packaging solutions such as prefilled syringes, inhalers, and pouches are expected to experience significant growth during the forecast period.

The presence of large industry players carrying out strategic initiatives will drive pharmaceutical packaging market share.

The major players operating in the global Becton, Dickinson and Company, Amcor Plc, AptarGroup, Inc., Gerresheimer AG, Drug Plastics Group, Schott AG, West Pharmaceutical Services Inc., Owens Illinois Inc., Berry Global, Inc., SGD S.A., WestRock Company, International Paper Company, CCL Industries Inc., COMAR LLC, Vetter Pharma International and others. The presence of established industry players and is characterized by mergers and acquisitions, joint ventures, capacity expansions, substantial distribution, and branding decisions to improve market share and regional presence. Also, they are involved in continuous R&D activities to develop new products as well as are focused on expanding the product portfolio. This is expected to intensify competition and pose a potential threat to the new players entering the market.

North America is expected to have the largest market share in the overall pharmaceutical packaging market.

North America is expected to have the largest market share in the overall pharmaceutical packaging market. The region has a well-established and advanced healthcare infrastructure, with a high demand for pharmaceutical products. The United States is the largest pharmaceutical market in the world, and this has led to a significant demand for packaging solutions to ensure the safe and effective delivery of medications. The region has a strong focus on innovation and technology, which has led to the development of advanced packaging solutions in the pharmaceutical industry. North American pharmaceutical companies have been at the forefront of developing new and innovative packaging solutions, such as nano-enabled packaging, which can improve the shelf life, efficacy, and security of pharmaceutical products.

The global pharmaceutical packaging market key players include Becton, Dickinson and Company, Amcor Plc, AptarGroup, Inc., Gerresheimer AG, Drug Plastics Group, Schott AG, West Pharmaceutical Services Inc., Owens Illinois Inc., Berry Global, Inc., SGD S.A., WestRock Company, International Paper Company, CCL Industries Inc., COMAR LLC, Vetter Pharma International and others.

Key Market Segments: Pharmaceutical Packaging Market

Pharmaceutical Packaging Market By Material, 2020-2029, (Usd Billion) (Kilotons)

• Plastics
• Glass
• Metal
• Paper & Paperboard
• Others

Pharmaceutical Packaging Market By Product Type, 2020-2029, (Usd Billion) (Kilotons)

• Plastic Bottle
• Parenteral Container
• Blister Packing
• Specialty Bags
• Closures
• Labels
• Others

Pharmaceutical Packaging Market By Packaging Type, 2020-2029, (Usd Billion) (Kilotons)

• Primary
• Secondary
• Tertiary

Pharmaceutical Packaging Market By Drug Delivery Mode 2020-2029, (Usd Billion) (Kilotons)

• Oral Drug Delivery Packaging
• Injectable Packaging
• Topical Drug Delivery Packaging
• Pulmonary Drug Delivery Packaging
• Transdermal Drug Delivery Packaging
• Ocular Drug Delivery Packaging
• Nasal Drug Delivery Packaging
• Others

Pharmaceutical Packaging Market By Region, 2020-2029, (Usd Billion) (Kilotons)

• North America
• Europe
• Asia Pacific
• South America
• Middle East And Africa

Important Countries In All Regions Are Covered

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