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Pharmaceutical Packaging Market - Industry Dynamics, Market Size, And Opportunity Forecast To 2031

Global Pharmaceutical Packaging Market: By Packaging Type (Primary, Secondary and Tertiary); Product (Cardboard, Paper, Glass, Plastic, Metal and Rubber); Application (Oral Drugs, Injectable, Topical, Ocular/ Ophthalmic, Nasal, Sublingual, Pulmonary, Transdermal, IV Drugs and Others); Prescription Type (Prescription and OTC); End Use (Pharma Manufacturing, Contract Packaging, Retail Pharmacy and Institutional Pharmacy); Region; Industry Dynamics, Market Size, Opportunity and Forecast 2023–2031

  • Published Date: Apr-2023  |   Format: pdfpowerpointexcel  |  Report ID: AA1221110  | Delivery: 2 to 4 Hours
Pharmaceutical Packaging Market

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Report AttributeDetails
Market Size Value in 2022US$ 133.6 Bn
Expected Revenue in 2031US$ 464.4 Bn
Historic Data2018-2021
Base Year2022
Forecast Period2023-2031
UnitValue (USD Bn)
CAGR14.8 %
Segments coveredBy Packaging Type, By Product, By Application, By Prescription Type, By End-Use, ByRegion
Key Companies                                                                          Amcor, AptarGroup, Inc., Becton, Dickinson, and Company, Berry Global, Inc., Catalent (US), CCL Industries, Inc., Comar, LLC, Drug Plastics Group, Gerresheimer AG, International Paper, Owens Illinois, Inc., Schott AG, SGD Pharma, Vetter Pharma International, West Pharmaceutical Services, Inc., WestRock Company, Other Prominent Players
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Packaging plays a vital role in the pharmaceutical industry as it protects the product from heat and cold and it affects the safety and stability of drugs.

Primary, secondary, and tertiary are some different types of packaging available in the pharmaceutical industry.

Secondary type of packaging is projected to grow at a CAGR of 16.4% during the forecast period.

The market size of pharmaceutical packaging is US$ 133.6 Billion in 2022. 

Cardboard, paper, plastics, glass, metals, and rubbers are used in packaging of pharmaceutical products.

The report analyzed a ‘A’ shape curve, shortage of infrastructure, manpower in hospitals and disruptions in supply chain, lack of preparedness, shortage of essential drugs, and other factors, declined the healthcare industry.

North America held the highest share of 41% in 2022.

Asia Pacific pharmaceutical packaging market is projected to grow at a CAGR of 16.1% in the forecast period 2023 – 2031.

The U.S. holds 89% of the market share in the North America pharmaceutical packaging market in 2022.

Amcor Ltd., West Pharmaceutical Service Inc., Gerresheimer AG, Becton, Dickson & Company are the major key players present in the global pharmaceutical packaging market.

Growth in pharmaceutical industry and increasing health awareness are some major factors which influence the growth of the global marketplace.

The global pharmaceutical packaging market is projected to grow at a CAGR of 14.8% in the forecast period 2023-2031.