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Arizton Advisory & Intelligence: Global Pharma Packaging Market to Leverage Nanotechnology and Smart Packaging. Demand to Cross USD 100 Billion Mark by 2027 - Arizton

Finanznachrichten News

CHICAGO, Dec. 7, 2022 /PRNewswire/ -- According to Arizton's latest research report, the pharmaceutical packaging market will grow at a CAGR of 4.65% from 2021-2027. Growing demand for pharmaceuticals, increasing demand for primary pharmaceutical packaging, and rising demand for flexible packaging are the key factors driving the global pharmaceutical packaging market.

PHARMACEUTICAL PACKAGING MARKET - GLOBAL OUTLOOK & OUTLOOK & FORECAST 2022-2027

The demand for advanced and innovative solutions, such as self-administered drug delivery devices, is rising in high-income countries, bringing lucrative opportunities for the pharmaceutical packaging market. In addition, diseases like the COVID-19 pandemic, various flu strains, and monkeypox have become more prevalent recently. Rising healthcare costs and consumer awareness of healthier lifestyles drive the pharmaceutical packaging industry.

Pharmaceutical Packaging Market Report Scope

Report Attributes

Details

Market Size (2027)

USD 106.37 Billion

Market Size (2021)

USD 81 Billion

CAGR (2021-2027)

4.65 %

Base Year

2021

Forecast Year

2022-2027

Market Segments

Type, Material, End-User, and Geography

Geographic Analysis

North America, Europe, APAC, Latin America, and Middle East & Africa

Key Countries

US, Canada, Germany, Italy, Spain, France, UK, Japan, China, South Korea, India, Australia, Brazil, Mexico, Argentina, Turkey, Saudi Arabia, and South Africa

Key Leading Companies

Amcor, Aptar Group, Berry Global, Gerresheimer, WestRock, ACG, Airnov, AVI Global Plast, BD, Bilcare, Borosil, CCL Industries, Coesia, Drug Plastics Group, DWK Life Sciences, LOG, Meghmani Group, Neelam Global, Nolato, Nemera, PolyCine, RENOLIT, Schur Flexibles Holding, Specialty Polyfilms, SGD Pharma, SCHOTT, Sippex IV bags, SUPER OLEFINS, West Pharmaceutical Services, and Wihuri Group

Page Number

335

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The rise in demand for drug delivery devices, innovative packaging options, and the use of non-traditional administration routes such as transdermal, nasal, rectal, IV and biologics have contributed to the market growth in recent years. Also, the growing preference for unit dose packaging propels the market's growth. The primary packaging segment accounts for the highest revenue share, followed by the blister packaging segment, which is gradually gaining popularity in the market. It is used for drug packaging as a unit-dose packaging system. This packaging requires fewer resources to manufacture, offers compact packaging, has a greater shelf life, and offers better product visibility, easy handling, and availability at a lower cost than rigid bottles and bags. The rise in OTC medicine sales and high levels of product safety from contaminants, such as oxygen and moisture, is also the key factor swelling the demand for pharmaceutical packaging.

Anti-counterfeit packaging is used in OTC medicines and prescription drug packaging. The rise in demand for OTC pharmaceutical products supplied through the Internet has resulted in a surge in counterfeiting worldwide. The application of nanotechnology in pharmaceutical packaging has enabled pharmaceutical companies to tackle pharmaceutical counterfeiting and prevent products from being distributed outside their intended market. Many companies have developed nanotechnology methods as part of anti-counterfeiting technologies in pharmaceutical packaging. Many vendors have leveraged nanotechnology as a part of their authentication and anti-counterfeiting technologies for pharmaceutical packaging. For instance, NanoInk has patented a Dip Pen Nanolithography technique that applies drug information directly onto pills. Similarly, Nanonics Imaging uses similar technology for its Fountain Pen Nanolithography Multiprobe system.

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Active Mergers and Acquisitions Playing A Key Role in Smooth Functioning

  • In February 2018, Berry Global acquired Clopay Plastic Products Company for a purchase price of USD 475 million.
  • Berry Global completed the acquisition of RPC Group in July 2019. RPC Group is one of the global leaders in plastics conversion for packaging and non-packaging markets.
  • On June 11, 2019, Amcor acquired Bemis Company, a global manufacturer of flexible packaging products. Its flexible segment develops and supplies flexible packaging globally. In FY2021, the Flexible segment accounted for approximately 78% of Amcor's net sales.
  • In November 2021, Gerresheimer acquired the Intellectual Property (IP) of a new generation cartridge-based autoinjector suitable for small and large molecules, enhancing its broad portfolio, medical devices, and primary packaging from Midas Pharma. Midas Pharma is a Germany-based pharmaceutical company.

Driving Factors in the Global Pharmaceutical Packaging Market

  • Rising pharmaceutical industry across the globe
  • A surge in demand for flexible packaging
  • Rising demand for biological products and emerging treatments such as cell and gene therapies.

Impact of Advances in Packaging Materials

Pharmaceutical packaging is witnessing constant advances with innovations in packaging material. Currently, smart packaging technology is increasingly being implemented in the global pharmaceutical sector. Recent pharmaceutical regulations require the digitalization of pharmaceutical packaging to fight counterfeiting. Thus, the pharmaceutical industries use serialization, bar codes printing, and holograms to meet the requirements or regulations. Hence, numerous ongoing advances in pharmaceutical packaging have contributed to developing smart packaging solutions to overcome medication errors, sustainability, improved manufacturing efficacy, and child safety challenges.

Moreover, the pharmaceutical industry expects to witness an increase in the adoption of nano-optimized products. For example, antimicrobial pharmaceutical packaging, recycling packaging waste and producing anodes for lithium batteries using polystyrene packaging chips.

Vendors' Activities in the Pharmaceutical Packaging Market Include:

  • Expansion activities are helping the vendors to improve their global distribution networks, allowing the players to explore untapped opportunities.
  • Large-scale investments and funding in the pharmaceutical packaging market are seen through varied conglomerates and investment firms.

Key Vendors

  • Amcor
  • Aptar Group
  • Berry Global
  • Gerresheimer
  • WestRock
  • ACG
  • Airnov
  • AVI Global Plast
  • BD
  • Bilcare
  • Borosil
  • CCL Industries
  • Coesia
  • Drug Plastics Group
  • DWK Life Sciences
  • LOG
  • Meghmani Group
  • Neelam Global
  • Nolato
  • Nemera
  • PolyCine
  • RENOLIT
  • Schur Flexibles Holding
  • Specialty Polyfilms
  • SGD Pharma
  • SCHOTT
  • Sippex IV bags
  • SUPER OLEFINS
  • West Pharmaceutical Services
  • Wihuri Group

Learn more about the additional?trends impacting the future of the market and the positive and negative consequences on the businesses; Download a sample report now.

Market Segmentation

Type

  • Primary
    • Blister Packs
    • Bottles
    • Vials
    • Ampoules
    • Others
  • Secondary
  • Tertiary

Material

  • Paper
  • Glass
  • Plastic
  • Others

End-User

  • Pharmaceutical Companies
  • CMO/ CDMO
  • Plastic

Geography

  • North America
    • US
    • Canada
  • Europe
    • Germany
    • Italy
    • Spain
    • France
    • UK
  • APAC
    • Japan
    • China
    • South Korea
    • India
    • Australia
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East & Africa
    • Turkey
    • Saudi Arabia
    • South Africa

Table of Content

1 RESEARCH METHODOLOGY

2 RESEARCH OBJECTIVES

3 RESEARCH PROCESS

4 SCOPE & COVERAGE

4.1 MARKET DEFINITION

4.1.1 INCLUSIONS

4.1.2 EXCLUSIONS

4.1.3 MARKET ESTIMATION CAVEATS

4.2 BASE YEAR

4.3 SCOPE OF THE STUDY

4.3.1 MARKET SEGMENTATION BY TYPE

4.3.2 MARKET SEGMENTATION BY MATERIAL

4.3.3 MARKET SEGMENTATION BY END-USER

4.3.4 MARKET SEGMENTATION BY GEOGRAPHY

5 REPORT ASSUMPTIONS & CAVEATS

5.1 KEY CAVEATS

5.2 CURRENCY CONVERSION

5.3 MARKET DERIVATION

6 MARKET AT A GLANCE

7 INTRODUCTION

7.1 OVERVIEW

8 PREMIUM INSIGHTS

8.1 MARKET SCENARIO

9 MARKET OPPORTUNITIES & TRENDS

9.1 INCREASE IN FOCUS ON ECO-FRIENDLY PACKAGING

9.2 IMPLEMENTATION OF NANOTECHNOLOGY IN PHARMACEUTICAL PACKAGING

9.3 ADVANCES IN PACKAGING MATERIALS

10 MARKET GROWTH ENABLERS

10.1 RISE IN DEMAND FOR PHARMACEUTICALS

10.2 HIGH DEMAND FOR PRIMARY PHARMACEUTICAL PACKAGING

10.3 SURGE IN DEMAND FOR FLEXIBLE PACKAGING

11 MARKET RESTRAINTS

11.1 SURGE IN HOME DELIVERY OF PHARMACEUTICAL PRODUCTS

11.2 STRINGENT REGULATORY STANDARDS

11.3 VOLATILITY IN RAW MATERIAL PRICES

12 MARKET LANDSCAPE

12.1 MARKET OVERVIEW

12.2 MARKET SIZE & FORECAST

12.2.1 INSIGHT BY TYPE

12.2.2 INSIGHT BY MATERIAL

12.2.3 INSIGHT BY END USER

12.2.4 INSIGHT BY GEOGRAPHY

12.3 FIVE FORCES ANALYSIS

12.3.1 THREAT OF NEW ENTRANTS

12.3.2 BARGAINING POWER OF SUPPLIERS

12.3.3 BARGAINING POWER OF BUYERS

12.3.4 THREAT OF SUBSTITUTES

12.3.5 COMPETITIVE RIVALRY

13 TYPE

13.1 MARKET SNAPSHOT & GROWTH ENGINE

13.2 MARKET OVERVIEW

13.3 PRIMARY

13.3.1 MARKET OVERVIEW

13.3.2 MARKET SIZE & FORECAST

13.3.3 BLISTER PACKS

13.3.4 MARKET SIZE & FORECAST

13.3.5 BOTTLES

13.3.6 MARKET SIZE & FORECAST

13.3.7 VIALS

13.3.8 MARKET SIZE & FORECAST

13.3.9 AMPOULES

13.3.10 MARKET SIZE & FORECAST

13.3.11 OTHERS

13.3.12 MARKET SIZE & FORECAST

13.3.13 MARKET BY GEOGRAPHY

13.4 SECONDARY

13.4.1 MARKET OVERVIEW

13.4.2 MARKET SIZE & FORECAST

13.4.3 MARKET BY GEOGRAPHY

13.5 TERTIARY

13.5.1 MARKET OVERVIEW

13.5.2 MARKET SIZE & FORECAST

13.5.3 MARKET BY GEOGRAPHY

14 MATERIAL

14.1 MARKET SNAPSHOT & GROWTH ENGINE

14.2 MARKET OVERVIEW

14.3 PAPER

14.3.1 MARKET OVERVIEW

14.3.2 MARKET SIZE & FORECAST

14.3.3 MARKET BY GEOGRAPHY

14.4 GLASS

14.4.1 MARKET OVERVIEW

14.4.2 MARKET SIZE & FORECAST

14.4.3 MARKET BY GEOGRAPHY

14.5 PLASTIC

14.5.1 MARKET OVERVIEW

14.5.2 MARKET SIZE & FORECAST

14.5.3 MARKET BY GEOGRAPHY

14.6 OTHERS

14.6.1 MARKET OVERVIEW

14.6.2 MARKET SIZE & FORECAST

14.6.3 MARKET BY GEOGRAPHY

15 END USER

15.1 MARKET SNAPSHOT & GROWTH ENGINE

15.2 MARKET OVERVIEW

15.3 PHARMACEUTICAL COMPANIES

15.3.1 MARKET OVERVIEW

15.3.2 MARKET SIZE & FORECAST

15.3.3 MARKET BY GEOGRAPHY

15.4 CMOS/CDMOS

15.4.1 MARKET OVERVIEW

15.4.2 MARKET SIZE & FORECAST

15.4.3 MARKET BY GEOGRAPHY

15.5 OTHERS

15.5.1 MARKET OVERVIEW

15.5.2 MARKET SIZE & FORECAST

15.5.3 MARKET BY GEOGRAPHY

16 GEOGRAPHY

16.1 MARKET SNAPSHOT & GROWTH ENGINE

16.2 GEOGRAPHIC OVERVIEW

17 NORTH AMERICA

17.1 MARKET OVERVIEW

17.2 MARKET SIZE & FORECAST

17.3 NORTH AMERICA: TYPE

17.4 NORTH AMERICA: MATERIAL

17.5 NORTH AMERICA: END USER

17.6 KEY COUNTRIES

17.6.1 US: MARKET SIZE & FORECAST

17.6.2 CANADA: MARKET SIZE & FORECAST

18 EUROPE

18.1 MARKET OVERVIEW

18.2 MARKET SIZE & FORECAST

18.3 EUROPE: TYPE

18.4 EUROPE: MATERIAL

18.5 EUROPE: END USER

18.6 KEY COUNTRIES

18.6.1 GERMANY: MARKET SIZE & FORECAST

18.6.2 UK: MARKET SIZE & FORECAST

18.6.3 FRANCE: MARKET SIZE & FORECAST

18.6.4 ITALY: MARKET SIZE & FORECAST

18.6.5 SPAIN: MARKET SIZE & FORECAST

19 APAC

19.1 MARKET OVERVIEW

19.2 MARKET SIZE & FORECAST

19.3 APAC: TYPE

19.4 APAC: MATERIAL

19.5 APAC: END USER

19.6 KEY COUNTRIES

19.6.1 CHINA: MARKET SIZE & FORECAST

19.6.2 JAPAN: MARKET SIZE & FORECAST

19.6.3 SOUTH KOREA: MARKET SIZE & FORECAST

19.6.4 INDIA: MARKET SIZE & FORECAST

19.6.5 AUSTRALIA: MARKET SIZE & FORECAST

20 LATIN AMERICA

20.1 MARKET OVERVIEW

20.2 MARKET SIZE & FORECAST

20.3 LATIN AMERICA: TYPE

20.4 LATIN AMERICA: MATERIAL

20.5 LATIN AMERICA: END USER

20.6 KEY COUNTRIES

20.6.1 BRAZIL: MARKET SIZE & FORECAST

20.6.2 MEXICO: MARKET SIZE & FORECAST

20.6.3 ARGENTINA: MARKET SIZE & FORECAST

21 MIDDLE EAST & AFRICA

21.1 MARKET OVERVIEW

21.2 MARKET SIZE & FORECAST

21.3 MIDDLE EAST & AFRICA: TYPE

21.4 MIDDLE EAST & AFRICA: MATERIAL

21.5 MIDDLE EAST & AFRICA: END USER

21.6 KEY COUNTRIES

21.6.1 TURKEY: MARKET SIZE & FORECAST

21.6.2 SAUDI ARABIA: MARKET SIZE & FORECAST

21.6.3 SOUTH AFRICA: MARKET SIZE & FORECAST

22 COMPETITIVE LANDSCAPE

22.1 COMPETITION OVERVIEW

22.2 MARKET SHARE ANALYSIS

22.2.1 AMCOR

22.2.2 APTARGROUP

22.2.3 BERRY GLOBAL

22.2.4 GERRESHEIMER

22.2.5 WESTROCK

23 KEY COMPANY PROFILES

23.1 AMCOR

23.1.1 BUSINESS OVERVIEW

23.1.2 PRODUCT OFFERINGS

23.1.3 KEY STRATEGIES

23.1.4 KEY STRENGTHS

23.1.5 KEY OPPORTUNITIES

23.2 APTARGROUP

23.3 BERRY GLOBAL

23.4 GERRESHEIMER

23.5 WESTROCK

24 OTHER PROMINENT VENDORS

24.1 ACG

24.1.1 BUSINESS OVERVIEW

24.1.2 PRODUCT OFFERINGS

24.2 AIRNOV

24.3 AVI GLOBAL PLAST

24.4 BD

24.5 BILCARE

24.6 BOROSIL

24.7 CCL INDUSTRIES

24.8 COESIA

24.9 DRUG PLASTICS GROUP

24.10 DWK LIFE SCIENCES

24.11 LOG

24.12 MEGHMANI GROUP

24.13 NEELAM GLOBAL

24.14 NOLATO

24.15 NEMERA

24.16 POLYCINE

24.17 RENOLIT

24.18 SCHUR FLEXIBLES HOLDING

24.19 SPECIALTY POLYFILMS

24.20 SGD PHARMA

24.21 SCHOTT

24.22 SIPPEX IV BAGS

24.23 SUPER OLEFINS

24.24 WEST PHARMACEUTICAL SERVICES

24.25 WIHURI GROUP

25 REPORT SUMMARY

25.1 KEY TAKEAWAYS

25.2 STRATEGIC RECOMMENDATIONS

26 QUANTITATIVE SUMMARY

26.1 MARKET BY GEOGRAPHY

26.2 MARKET BY TYPE

26.3 MARKET BY TYPE (PRIMARY)

26.4 MARKET BY MATERIAL

26.5 MARKET BY END-USER

26.6 NORTH AMERICA BY TYPE

26.7 NORTH AMERICA BY TYPE (PRIMARY)

26.8 NORTH AMERICA BY MATERIAL

26.9 NORTH AMERICA BY END USER

26.10 EUROPE BY TYPE

26.11 EUROPE BY TYPE (PRIMARY)

26.12 EUROPE BY MATERIAL

26.13 EUROPE BY END-USER

26.14 APAC BY TYPE

26.15 APAC BY TYPE (PRIMARY)

26.16 APAC BY MATERIAL

26.17 APAC BY END-USER

26.18 LATIN AMERICA BY TYPE

26.19 LATIN AMERICA BY TYPE (PRIMARY)

26.20 LATIN AMERICA BY MATERIAL

26.21 LATIN AMERICA BY END USER

26.22 MIDDLE EAST & AFRICA BY TYPE

26.23 MIDDLE EAST & AFRICA BY TYPE (PRIMARY)

26.24 MIDDLE EAST & AFRICA BY MATERIAL

26.25 MIDDLE EAST & AFRICA BY END USER

27 APPENDIX

27.1 ABBREVIATIONS

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