Lucintel's latest market report analyzed that pharmaceutical packaging provides attractive opportunities in pharmaceutical manufacturing and contract packaging. The pharmaceutical packaging market is expected to reach $107.7 billion by 2027 with a CAGR of 6.8%. In this market, plastics is the largest segment by material, whereas bottles is largest by product type. Rising demand for eco-friendly packaging, increasing use of nano-enabled packaging, and increasing adoption of blow-fill-seal technology provides strategic growth path in this market.
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Based on material, the pharmaceutical packaging market is segmented into
plastic, glass, paper and paperboard, aluminum foil, and others. The plastics
segment accounted for the largest share of the market in 2021 and is expected
to register the highest CAGR during the forecast period, due to because plastic
is lightweight and easy to handle and plastic packaging is made of low-density
polyethylene which increasingly using to store non-sterile pharmaceutical
liquids.
Browse in-depth TOC on
“Pharmaceutical Packaging Market”
102 – Tables
129 – Figures
166 – Pages
The Pharmaceutical Packaging
Market is marked by the presence of several big and small players. Some of the
prominent players offering pharmaceutical packaging include Amcor Ltd.,
Gerresheimer AG, West Pharmaceutical Services, Inc., AptarGroup, Inc.,
andBecton Dickinson.
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Brandon Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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