Global Pharmaceutical Packaging Market 2019-2025
|発行||Orion Market Research Pvt Ltd||商品コード||523706|
Global Pharmaceutical Packaging Market Size, Share & Trends Analysis Report by Product Type (Bottles, Vials, Blisters, Bags & Pouches, and Others), by Material Type (Plastics, Paper & Paperboard, Glass, Metal and Others), by End-User (Pharmaceutical Manufacturing, Contract Packaging, Retail Pharmacy, and Others), and Forecast, 2019-2025
In the healthcare field, pharmaceutical packaging plays a vital role in keeping prescribed drugs and medication safe from all sorts of contamination and bacterial growth. Unlike other goods, pharmaceutical medicines require a much through inspection of their packaging so that it can be completely safe for patients. Furthermore, the material used in packaging the medicines is also used to provide a complete medical description of the medicine for the purpose of identification and consumption. There are mainly three types of pharmaceutical packaging which is used by drug manufacturers for all sort of pharmaceutical products ranging from pills to capsules. These three types of the drug include primary packaging, secondary packaging, and tertiary packaging.
In the growth of the global pharmaceutical packaging market, the advanced manufacturing processes used to develop pharmaceutical packages plays a key role. Advanced production processes, including green packaging technologies, use of environment friendly materials to develop pharmaceutical packages that cause minimal environmental harm. To replace the conventional packaging material, there are different biodegradable and environmentally friendly packaging materials are available. Paper, cardboard and maize starch is the raw materials used for environmentally friendly packaging. The price volatility of pharmaceutical packaging raw materials restricts the market growth.
The global pharmaceutical packaging market is segmented on the basis of product type, material type, and end-users. The introduction of environment friendly paper products has boosted market for paper & paperboard segment. Due to the ill effects of non-biodegradable materials, industry participants involved in paper manufacturing faced a serious situation. The growing popularity of degradable paper is expected to play a major role in driving demand for this material over the forecast period. Whereas, due to the increasing penetration of plastics & polymers, the demand for glass pharmaceutical packaging is expected to decline over the forecast period. Management issues and high glass production costs have led manufacturers to look for other alternatives.
Geographically, the market is segmented on the basis of region include North America, Europe, Asia-Pacific, and rest of the world (RoW). Asia-Pacific market is estimated to have significant share attributed to presence of large manufacturers providing high-end pharmaceutical packaging solution. The key players of the market are Amcor Ltd., Schott AG, AptarGroup, Inc., Ardagh Group S.A., and WestRock Co.
The market study of the global pharmaceutical packaging market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity in our reports.
The report is intended for pharmaceutical and biotechnology companies and contract pharmaceutical packaging companies for overall market analysis and competitive analysis. The report provides in-depth analysis on market size, intended quality of the service preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models.