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Pharmaceutical Packaging Market - Industry Dynamics, Market Size, And Opportunity Forecast To 2027

Global Pharmaceutical Packaging Market Industry Dynamics, Market Size, And Opportunity – (By Packaging Type – Primary, Secondary and Tertiary; By Product – Cardboard, Paper, Glass, Plastic, Metal and Rubber; By Application - Oral Drugs, Injectable, Topical, Ocular/ Ophthalmic, Nasal, Sublingual, Pulmonary, Transdermal, IV Drugs and Others; By Prescription Type – Prescription and OTC; By End Use - Pharma Manufacturing, Contract Packaging, Retail Pharmacy and Institutional Pharmacy) – Industry Dynamics, Market Size and Opportunity to 2027

  • Published On: 24-Dec-2021  |  Format: pdfpowerpointexcel  |  Report ID: AA1221110
    Delivery: 2 to 4 Hours
INFOGRAPHIC:
Pharmaceutical Packaging Market

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REPORT SCOPE

Report AttributeDetails
Market Size Value in 2021US$ 116.6 Bn
Expected Revenue in 2027US$ 267.4 Bn
Historic Data2017-2020
Base Year2021
Forecast Period2022-2027
UnitValue (USD Bn)
CAGR14.8 %
Segments coveredBy Packaging Type, By Product, By Application, By Prescription Type, By End-Use, and Region
Key CompaniesAmcor, AptarGroup, Inc., Becton, Dickinson, and Company, Berry Global, Inc., and other prominent players.
Customization ScopeGet your customized report as per your preference. Ask for customization

FREQUENTLY ASKED QUESTIONS

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$ 116.6 Billion in the year 2021. 

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 2020.

Asia Pacific pharmaceutical packaging market is projected to grow at a CAGR of 16.1% in the forecast period 2022 – 2027.

The U.S. holds 89% of the market share in the North America pharmaceutical packaging market in 2020.

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.

Packaging type, product used in packing, application, prescription type, and end use of the product are the segments in the pharmaceutical packaging market.