Pharmaceutical Packaging Market Report

Market Insights

“The global pharmaceutical packaging market is expected to grow from USD 152.33 billion in 2024 to USD 311.75 billion by 2030, at a healthy CAGR of 15.38% during 2024-2030.”

Market Dynamics

Introduction

Pharmaceutical packaging involves the materials that are used in enclosing and safeguarding medicinal products during handling, storage, transportation, and usage. This packaging is essential for protecting the drugs against outside influences like moisture, light, and contamination, and thus their stability and efficacy. Moreover, it also includes vital product information such as dosage instructions, expiry dates, and possible dangers, to guarantee proper and safe use by medical professionals and patients.

Packaging in the pharmaceutical sector can be categorised into three main types: Primary Packaging, Secondary Packaging, and Tertiary Packaging. The pharmaceutical packaging industry is the sector that deals with the design, production, and supply of packaging material and solutions specially designed for drugs.

Market Drivers

Rising Healthcare Spending and Pharmaceutical Growth

The pharmaceuticals sector is witnessing a speedy growth in the emerging economies, driven by technological advancements, newer manufacturing processes, and greater cooperation between organizations. The growth is fuelling the packaging market for pharmaceuticals, with the maximum impact likely to be felt in the emerging economies of Russia, Brazil, India, and China. Drivers like higher awareness of the advantages of strong healthcare systems, growing income levels, and emphasis on healthy lifestyles are fuelling the pharmaceutical packaging market growth in these markets. Furthermore, demographic patterns and the large population base, comprising an expanding youth population and rising life expectancy, are also major drivers of the growth of the pharmaceutical packaging market.

 Market Challenges

Pharmaceutical Packaging Products are Prone to Counterfeit and Fake Packaging

The lengthy process and expense involved in approving new drugs and packaging cause delays, which increase counterfeit drugs and imitation packaging. These imitation drugs have health hazards such as allergic reactions, nausea, and vomiting. New technologies such as induction seals, near-field communication (NFC) tags, nano barcodes, serialization, cloud, and blockchain provide enhanced anti-counterfeiting and greater traceability during distribution. But the counterfeiters always find a way to circumvent these systems within two to three years, requiring frequent and expensive upgrades for pharmaceutical packaging firms. Thus, combating product counterfeiting is a major challenge for pharmaceutical packaging firms, which could hamper their widespread market growth.

Market Opportunities

Growing Demand for Primary Pharmaceutical Packaging

Primary pharmaceutical packaging items are in direct contact with the drug or medicine. Such items include a variety of things, such as glass bottles, plastic bottles, prefilled syringes, medication tubes, prefilled inhalers, blister packs, and others. The growth of advanced and varied drug-manufacturing firms in emerging markets like the US, France, Canada, Japan, Germany, and the UK, and the deployment of advanced packaging technologies like eco-friendly packaging, patient-specific dosing, and inventive counterfeiting methods will drive the growth of primary pharmaceutical packaging.

Recent Developments:

• In December 2024, Gerresheimer AG, a German manufacturer of medical packaging, acquired Blitz Luxco Sarl, the parent company of Bormioli Pharma Group. This acquisition expands Gerresheimer's offerings and global reach in the pharmaceutical packaging sector.
• In December 2024, in a landmark move, Amcor Plc, a Switzerland-based packaging company, agreed to acquire U.S.-based Berry Global in an $8.43 billion all-stock deal. This merger aims to create a dominant force in consumer and healthcare packaging solutions, with combined revenues of $24 billion. The deal is expected to close by mid-2025, generating approximately $650 million in synergies within three years.

Market Segments' Analysis

By Packaging Type

“The Primary Segment is the fastest-growing segment during the forecast period due to global population expansion.”

The pharmaceutical packaging market is segmented into Primary and Secondary packaging. The primary segment is witnessing the fastest growth in the global pharmaceutical packaging market because of several significant factors, including the growing pharmaceutical industry, increasing global population, and prevalence of chronic diseases. Such factors ensure the growth in demand for packaging materials for product safety and traceability.

By Drug Delivery Type

“Injectables are the fastest-growing drug delivery segment during the forecast period because of their availability in versatile and vivid forms.”

The market for pharmaceuticals packaging is segmented into Oral, Pulmonary, Injectable, and Others. The injectable segment is the fastest-growing segment in the pharmaceuticals packaging market as it offers various alternatives to administer drugs, such as self-injection devices, prefilled syringes, safety syringes, auto-injectors, pen injectors, and many more. The wider applications of injectables are driving the growth of the injectables segment in the market.

Regional Analysis

“The market in North America is expected to witness high growth during the forecast period due to the increasing demand from the pharmaceutical industry.”

North America is expected to dominate the global pharmaceutical packaging market during the forecast period due to the presence of a large number of manufacturers of pharmaceutical packaging materials in the country, such as AptarGroup Inc., Gerresheimer AG, Amcor Ltd., and Berry Plastics Group, Inc. Moreover, the region is leading in adopting innovative packaging technologies, including smart packaging, serialization, and tamper-evident features, resulting in enhanced drug safety and improved supply chain transparency.

Key Players

Most of the major players compete in some of the factors, including price, service offerings, regional presence, etc. The following are the key players in the global pharmaceutical packaging market - 

Here is the list of the Top Players

• Berry Global Inc.
• Gerresheimer AG
• Amcor Plc
• Schott AG
• Aptar Group Inc.
• BD
• Westrock Company
• Nipro Corporation
• Catalent Inc.
• Sealed AIR

Note: The above list does not necessarily include all the top players in the market.

Are you the leading player in this market? We would love to include your name. Please write to us at [email protected]

Report Features

This report provides market intelligence most comprehensively. The report structure has been kept so that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis.
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics: Market share, Service portfolio, New Product Launches, etc.
• COVID-19 impact and its recovery curve.
• Attractive market segments and associated growth opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing and new players.
• Key success factors

The global pharmaceutical packaging market is segmented into the following categories. 

Global Pharmaceutical Packaging Market, by Packaging Type

• Primary (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
•  Secondary (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

Global Pharmaceutical Packaging Market, by Raw Material Type

• Plastic (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
•  Paper & Paper & Paperboard (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Glass (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Metal (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

Global Pharmaceutical Packaging Market, by Drug Delivery Type

• Oral (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Pulmonary (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Transdermal (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Injectable (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Topical (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Nasal (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Ocular/Ophthalmic (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Intravenous (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

Global Pharmaceutical Packaging Market, by Type

• Plastic Bottles (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
•  Blister Packs (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Labels & Accessories (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Caps & Closures (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Medical Specialty Bags (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Prefilled Syringes (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Temperature-Controlled Packaging (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Pouches & Strip Packs (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Ampoules (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Vials (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Prefilled Inhalers (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Medication Tubes (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Jars & Canisters (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Cartridges (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Others (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

Global Pharmaceutical Packaging Market, by Region

• North America (Country Analysis: The USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, Italy, The UK, and Rest of Europe)
• Asia-Pacific (Country Analysis: Japan, China, India, and Rest of Asia-Pacific)
• Rest of the World (Country Analysis: Brazil, Saudi Arabia, and Others)

Research Methodology

• This strategic assessment report from Stratview Research provides a comprehensive analysis that reflects today’s pharmaceutical packaging market realities and future market possibilities for the forecast period.

• The report segments and analyzes the market in the most detailed manner to provide a panoramic view of the market.
• The vital data/information provided in the report can play a crucial role for market participants and investors in identifying the low-hanging fruits available in the market and formulating growth strategies to expedite their growth process.
• This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
• More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.

We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to three players)
• SWOT analysis of key players (up to three players)

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Service portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across industries. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to [email protected]