Pharmaceutical Packaging Market- Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Raw Material (Plastics & Polymers, Paper & Paperboard, Glass, Aluminum Foil, Others), By Product Type (Bottles, Caps & Closures, Blister Packs, Pre-fillable Inhalers, Pouches & Sachets, Others), By Drug Delivery Mode (Oral Drugs, Pulmonary, Transdermal, Injectables, Topical, Nasal, Others), By End Use (Pharma Manufacturing, Contract Packaging, Retail Pharmacy, Others), By Region, and Competition

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Summary

Report Description

Global Pharmaceutical Packaging Market is anticipated to grow significantly through 2028 due to increasing demand from the pharmaceutical manufacturing industry. In 2020, the number of employees in the pharmaceutical industry in Spain are around 50.9 thousand people.

Global Pharmaceutical Packaging Market is expected to expand during the projected period due to increasing entrance of retail pharmacies in developing nations and growing focus on product differentiation and brand enhancement by pharmaceuticals manufacturers. Paper pouches and polybags are the packaging materials which are commonly used by retail pharmacies. Pharmaceutical packaging has a range of important uses as well as being used to store and protect drugs, packaging pharmaceuticals is essential for identification purposes, for marketing and promoting different brands, and for facilitating the use of pharmaceutical products. Additionally, increasing spending by the government on insurance coverage and healthcare facilities results in the demand for medicines and equipment, contributing in the growth of the market.

For instance, in 2020, the retail pharmaceutical industry in Brazil reached a sales value of USD 14 billion.

Rising Demand from Pharmaceutical Industry

Pharmaceutical packaging is a crucial area of the packaging industry as it is necessary to protect, preserve, and store various pharmaceuticals items, including pharmaceuticals, prescriptions, and others. The pharmaceutical sector is expanding quickly, mostly in developed and developing nations. The population is growing, technological advancements are increasing, healthcare awareness is increasing, advanced manufacturing techniques are being adopted, public healthcare spending is increasing, and new government regulations are being put in place to stop the spread of infectious diseases. Moreover, it is anticipated that the pharmaceutical business will expand because of increased demand for biological goods and cutting-edge medicines including cell and gene therapies. The increased prevalence of chronic diseases brought on by altered dietary patterns, lifestyles and sleep cycles result in the huge demand for pharmaceuticals, further increasing the demand of pharmaceutical packaging materials.

For instance, in 2021 according to the European Federation of Pharmaceutical Industries and Association, North America accounted for 49.1% of global pharmaceutical revenues, whereas Europe accounted for 23.4%.

Furthermore, according to IQVIA, the new medicines launched on the market having sale in US around 64.4% while the sale in Europe was 16.8%.

Increasing number of drugs approval by the regulatory bodies further increase the demand of packaging material by manufacturers industry due to production of drugs. Moreover rising acquisitions and mergers in the pharmaceuticals industry as well as introduction of new technology with efficient and cost-effective production methods along with this growing valuable investment is contributing to the growth of market.

In addition, many pharmaceutical companies have expanded outsourcing packaging-related tasks to save costs and save time. To ensure effectiveness, firms are outsourcing packaging activities to specialize highly competent contractors rather than investing in packaging items. It is anticipated that this would increase the demand of contract manufacturing. Pharmaceutical companies use Child-resistant packaging or CR packaging to reduce the risk of children ingesting hazardous materials. In developed nation it is compulsory to use child resistant packaging for medicines such as paracetamol, aspirin, iron tablets, etc.

For instance, Honeywell India Technology Center (HITC), a global packaging laboratory in Gurgaon, Haryana (India) develops novel technologies for pharma packaging that aid its regional partners with required technical support.

Therefore, growing demand from the pharmaceutical industry result in the growth of Global Pharmaceutical Packaging market in the projected years.


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Growing expenditure on Medicines and Technology

The development of the pharmaceutical business has benefitted from the efforts of several nations. The industry oversees developing, producing, and selling medicines all over the world. Around more than one trillion dollars revenue is thought to be generated by the pharmaceutical sector in 2019. Reputable companies like Pfizer, GlaxoSmithKline (GSK), Novartis, have been aggressively spending substantial sums of money for the creation of new and improved medications which further increases the demand for packaging material that provides safety and protection to the medicines.

For instance, in 2023 Serum Institute of India launches the first made-in-India qHPV vaccine CERVAVAC.

Furthermore, according to the International Federation of Pharmaceutical Manufacturers & Association the research divisions of the pharmaceutical industry devote over USD 149.8 billion annually.

Additionally, nanotechnology has a big impact on pharmaceutical packaging since it introduces innovative packaging solutions which encourage the growth of the market. With improvement in the properties of plastics and advancement of nanotechnology's functionality support the growth of the pharmaceutical packaging business. Additionally, by shrinking the size of different medication molecules, nanotechnology-enabled drug delivery has opened profitable potential in the pharmaceutical industry and improved bioavailability, solubility, and drug toxicity. These applications have expanded beyond medication delivery to include the creation of important drug and medical device formulations with controlled release, which is driving up demand in the industry. Thus, nano-enabled drug delivery help drugs to permeate through cell walls, which is important for the growth in demand for genetic medicines.

For instance in 2023, Cedars-Sinai Cancer researchers have developed a new nanotechnology-based test that can detect and profile prostate cancers even in microscopic amounts.

Therefore, all these factors dominate the growth of the market in the forecast period.

Plastics & Polymers will be the Key Raw Material

The most significant raw material utilised in the creation of pharmaceutical product packaging is plastic. Polyvinyl chloride, polystyrene, polypropylene, and polyethylene are few plastic resins that are used for pharmaceutical packaging. As plastics are durable, lightweight, and transparent, they are used for selling and storage of packed products across the industry. Most of their applications are in primary and secondary packaging.

As the black market for counterfeit goods expands, pharmaceutical businesses increasingly rely on packaging and labelling as a form of advertising to promote, protect, and comply with their products. Plastic packaging is becoming more and more common due to properties like resistance to moisture, high impact strength, high dimensional stability, transparency, resistance to strain, heat and flame resistance, low water absorption, etc.

For instance, in September 2022, the Union health ministry of India made quick response (QR) codes mandatory on the packaging of 300 life-saving drugs.

Additionally, Glass packaging is also preferred by pharmaceutical industry as it limits the hydrolytic and alkalinity resistance of the glass container. Glass containers are safe, convenient and have applicability for both solid and liquid oral medication. Due to their great transparency, which makes it simple to monitor the contents, protection, and chemical resistance for pharmaceutical items, glass packaging offers relative air and moisture impermeability. Amber-colored glass is majorly preferred for pharmaceutical packaging as it absorbs the harmful UV radiations and protects the medicines from getting damaged.

For instance, in 2021, Schott finished an expansion of its pharmaceutical glass tubing site in Jinyun, China.

Thus, increasing demand for these materials from various applications anticipate the growth of Global Pharmaceutical Packaging Market in the upcoming years.

The rising use of generic medications in developing nations will increase demand for pharmaceutical packaging because of its low cost. A pharmaceutical medicine is generic if it contains the same chemical components, intended purpose, dosage, adverse effects, and mode of administration as the brand-name medication. To offer medical treatments at a lesser cost, several companies are investing in the production of generic pharmaceuticals. This packaging plays a significant part in the manufacturing of generic medications, as it is necessary to pack and safeguard medications during storage and transportation. Thus, increasing demand for generic medications will further propel the use of pharmaceutical packaging resulting in the growth of Global Pharmaceutical Packaging Market in the forecast years.

For instance, Accord Healthcare, Inc., a leading generic pharmaceutical company, produced Lurasidone HCL tablets.

However, counterfeit pharmaceutical drugs are fake medicines with similar composition name but they don’t have active ingredients and are easily contaminated and  harm health. Due to third shift packaging, which offers earnings by making hidden pharmaceuticals and selling to counterfeiters, the rise in counterfeit pharmaceutical drugs is preventing the market from growing. Additionally, strict government rules and policies regarding the packaging material can slow down market growth.

Recent Developments

  • In February 2023, Gerresheimer and Corning announce a joint venture to fulfill the increasing demand for Velocity Vials, speeding up the delivery of lifesaving treatments.
  • West Pharmaceutical Services, Inc. introduced three new products at Pharmapack Europe in Paris in January 2023.
  • To scale its pharmaceutical division in Central and Eastern Europe, ALPLA, purchased the Polish company APON in July 2022.
  • In April 2022, Amcor declared the expansion of their pharmaceutical packaging line with the latest and Sustainable High Shield Laminates.

Market Segmentation

Global Pharmaceutical Packaging Market is segmented based on raw material, product type, drug delivery mode, end-use, and region. Based on raw material, the market is categorized into plastics & polymers, paper & paperboard, glass, aluminum foil, and others. Based on product type, the market is segmented into bottles, caps & closures, blister packs, pre-fillable Inhalers, pouches & sachets, and others. Based on drug delivery mode, the market is divided into oral drugs, pulmonary, transdermal, injectables, topical, nasal, and others. Based on end use, the market is fragmented into pharma manufacturing, contract packaging, retail pharmacy, and others. Based on region, the market is divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa.

Company Profiles

Amcor plc, AptarGroup, Inc., Schott AG, West Pharmaceutical Services, Inc., SGD S.A., Nipro Europe Group Companies, Gerresheimer AG, Berry Global Inc., WestRock Company, Drug Plastics Closures Inc. are some of the key players of Global Pharmaceutical Packaging Market.

Attribute

Details

Base Year

2022

Historic Data

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments covered

Raw Material

Product Type

Drug Delivery Mode

Application

Regional scope

North America, Europe, Asia Pacific, South America, Middle East & Africa

Country scope

United States, Mexico, Canada, France, Germany, United Kingdom, Spain, Italy, China, India, South Korea, Japan, Australia, Brazil, Argentina, South Africa, Saudi Arabia, UAE

Key companies profiled

Amcor plc, AptarGroup, Inc., Schott AG, West Pharmaceutical Services, Inc., SGD S.A., Nipro Europe Group Companies, Gerresheimer AG, Berry Global Inc., WestRock Company, Drug Plastics Closures Inc.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, global Pharmaceutical Packaging market has been segmented into the following categories, in addition to the industry trends, which have also been detailed below:

  • Pharmaceutical Packaging Market, By Raw Material:
    • Plastics & Polymers
    • Paper & Paperboard
    • Glass
    • Aluminum Foil
    • Others
  • Pharmaceutical Packaging Market, By Product Type:
    • Bottles
    • Caps & Closures
    • Blister Packs
    • Pre-fillable Inhalers
    • Pouches & Sachets
    • Others
  • Pharmaceutical Packaging Market, By Drug Delivery Mode:
    • Oral Drugs
    • Pulmonary
    • Transdermal
    • Injectables
    • Topical
    • Nasal
    • Others
  • Pharmaceutical Packaging Market, By End Use:
    • Pharma Manufacturing
    • Contract Packaging
    • Retail Pharmacy
    • Others
  • Pharmaceutical Packaging Market, By Region:
    • North America
      • United States
      • Mexico
      • Canada
    • Europe
      • France
      • Germany
      • United Kingdom
      • Spain
      • Italy
    • Asia-Pacific
      • China
      • India
      • South Korea
      • Japan
      • Australia
    • South America
      • Brazil
      • Argentina
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE

Competitive landscape

Company Profiles: Detailed analysis of the major companies present in the global Pharmaceutical Packaging market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Pharmaceutical Packaging Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Voice of Customer

5.    Global Pharmaceutical Packaging Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast

5.2.1.    By Raw Material (Plastics & Polymers, Paper & Paperboard, Glass, Aluminum Foil, Others)

5.2.2.    By Product Type (Bottles, Caps & Closures, Blister Packs, Pre-fillable Inhalers,     Pouches & Sachets, Others)

5.2.3.    By Drug Delivery Mode (Oral Drugs, Pulmonary, Transdermal, Injectables, Topical, Nasal, Others)

5.2.4.    By End Use (Pharma Manufacturing, Contract Packaging, Retail Pharmacy, Others)

5.2.5.    By Region (North America, Europe, Asia Pacific, South America, Middle East & Africa)

5.2.6.    By Company (2022)

5.3.  Market Map

5.3.1.    By Raw Material

5.3.2.    By Product Type

5.3.3.    By Drug Delivery Mode

5.3.4.    By End Use

5.3.5.    By Region

6.    North America Pharmaceutical Packaging Market Outlook

6.1.  Market Size & Forecast       

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Raw Material

6.2.2.    By Product Type

6.2.3.    By Drug Delivery Mode

6.2.4.    By End Use

6.2.5.    By Country

6.3.  Pricing Analysis

6.4.  North America: Country Analysis

6.4.1.    United States Pharmaceutical Packaging Market Outlook

6.4.1.1.        Market Size & Forecast

6.4.1.1.1.           By Value

6.4.1.2.        Market Share & Forecast

6.4.1.2.1.           By Raw Material

6.4.1.2.2.           By Product Type

6.4.1.2.3.           By Drug Delivery Mode

6.4.1.2.4.           By End Use

6.4.2.    Mexico Pharmaceutical Packaging Market Outlook

6.4.2.1.        Market Size & Forecast

6.4.2.1.1.           By Value

6.4.2.2.        Market Share & Forecast

6.4.2.2.1.           By Raw Material

6.4.2.2.2.           By Product Type

6.4.2.2.3.           By Drug Delivery Mode

6.4.2.2.4.           By End Use

6.4.3.    Canada Pharmaceutical Packaging Market Outlook

6.4.3.1.        Market Size & Forecast

6.4.3.1.1.           By Value

6.4.3.2.        Market Share & Forecast

6.4.3.2.1.           By Raw Material

6.4.3.2.2.           By Product Type

6.4.3.2.3.           By Drug Delivery Mode

6.4.3.2.4.           By End Use

7.    Europe Pharmaceutical Packaging Market Outlook

7.1.  Market Size & Forecast       

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Raw Material

7.2.2.    By Product Type

7.2.3.    By Drug Delivery Mode

7.2.4.    By End Use

7.2.5.    By Country

7.3.  Pricing Analysis

7.4.  Europe: Country Analysis

7.4.1.    France Pharmaceutical Packaging Market Outlook

7.4.1.1.        Market Size & Forecast

7.4.1.1.1.           By Value

7.4.1.2.        Market Share & Forecast

7.4.1.2.1.           By Raw Material

7.4.1.2.2.           By Product Type

7.4.1.2.3.           By Drug Delivery Mode

7.4.1.2.4.           By End Use

7.4.2.    Germany Pharmaceutical Packaging Market Outlook

7.4.2.1.        Market Size & Forecast

7.4.2.1.1.           By Value

7.4.2.2.        Market Share & Forecast

7.4.2.2.1.           By Raw Material

7.4.2.2.2.           By Product Type

7.4.2.2.3.           By Drug Delivery Mode

7.4.2.2.4.           By End Use

7.4.3.    United Kingdom Pharmaceutical Packaging Market Outlook

7.4.3.1.        Market Size & Forecast

7.4.3.1.1.           By Value

7.4.3.2.        Market Share & Forecast

7.4.3.2.1.           By Raw Material

7.4.3.2.2.           By Product Type

7.4.3.2.3.           By Drug Delivery Mode

7.4.3.2.4.           By End Use

7.4.4.    Spain Pharmaceutical Packaging Market Outlook

7.4.4.1.        Market Size & Forecast

7.4.4.1.1.           By Value

7.4.4.2.        Market Share & Forecast

7.4.4.2.1.           By Raw Material

7.4.4.2.2.           By Product Type

7.4.4.2.3.           By Drug Delivery Mode

7.4.4.2.4.           By End Use

7.4.5.    Italy Pharmaceutical Packaging Market Outlook

7.4.5.1.        Market Size & Forecast

7.4.5.1.1.           By Value

7.4.5.2.        Market Share & Forecast

7.4.5.2.1.           By Raw Material

7.4.5.2.2.           By Product Type

7.4.5.2.3.           By Drug Delivery Mode

7.4.5.2.4.           By End Use

8.    Asia-Pacific Pharmaceutical Packaging Market Outlook

8.1.  Market Size & Forecast       

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Raw Material

8.2.2.    By Product Type

8.2.3.    By Drug Delivery Mode

8.2.4.    By End Use

8.2.5.    By Country

8.3.  Pricing Analysis

8.4.  Asia-Pacific: Country Analysis

8.4.1.    China Pharmaceutical Packaging Market Outlook

8.4.1.1.        Market Size & Forecast

8.4.1.1.1.           By Value

8.4.1.2.        Market Share & Forecast

8.4.1.2.1.           By Raw Material

8.4.1.2.2.           By Product Type

8.4.1.2.3.           By Drug Delivery Mode

8.4.1.2.4.           By End Use

8.4.2.    India Pharmaceutical Packaging Market Outlook

8.4.2.1.        Market Size & Forecast

8.4.2.1.1.           By Value

8.4.2.2.        Market Share & Forecast

8.4.2.2.1.           By Raw Material

8.4.2.2.2.           By Product Type

8.4.2.2.3.           By Drug Delivery Mode

8.4.2.2.4.           By End Use

8.4.3.    South Korea Pharmaceutical Packaging Market Outlook

8.4.3.1.        Market Size & Forecast

8.4.3.1.1.           By Value

8.4.3.2.        Market Share & Forecast

8.4.3.2.1.           By Raw Material

8.4.3.2.2.           By Product Type

8.4.3.2.3.           By Drug Delivery Mode

8.4.3.2.4.           By End Use

8.4.4.    Japan Pharmaceutical Packaging Market Outlook

8.4.4.1.        Market Size & Forecast

8.4.4.1.1.           By Value

8.4.4.2.        Market Share & Forecast

8.4.4.2.1.           By Raw Material

8.4.4.2.2.           By Product Type

8.4.4.2.3.           By Drug Delivery Mode

8.4.4.2.4.           By End Use

8.4.5.    Australia Pharmaceutical Packaging Market Outlook

8.4.5.1.        Market Size & Forecast

8.4.5.1.1.           By Value

8.4.5.2.        Market Share & Forecast

8.4.5.2.1.           By Raw Material

8.4.5.2.2.           By Product Type

8.4.5.2.3.           By Drug Delivery Mode

8.4.5.2.4.           By End Use

9.    South America Pharmaceutical Packaging Market Outlook

9.1.  Market Size & Forecast       

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Raw Material

9.2.2.    By Product Type

9.2.3.    By Drug Delivery Mode

9.2.4.    By End Use

9.2.5.    By Country

9.3.  Pricing Analysis

9.4.  South America: Country Analysis

9.4.1.    Brazil Pharmaceutical Packaging Market Outlook

9.4.1.1.        Market Size & Forecast

9.4.1.1.1.           By Value

9.4.1.2.        Market Share & Forecast

9.4.1.2.1.           By Raw Material

9.4.1.2.2.           By Product Type

9.4.1.2.3.           By Drug Delivery Mode

9.4.1.2.4.           By End Use

9.4.2.    Argentina Pharmaceutical Packaging Market Outlook

9.4.2.1.        Market Size & Forecast

9.4.2.1.1.           By Value

9.4.2.2.        Market Share & Forecast

9.4.2.2.1.           By Raw Material

9.4.2.2.2.           By Product Type

9.4.2.2.3.           By Drug Delivery Mode

9.4.2.2.4.           By End Use

10. Middle East and Africa Pharmaceutical Packaging Market Outlook

10.1.             Market Size & Forecast        

10.1.1. By Value

10.2.             Market Share & Forecast

10.2.1. By Raw Material

10.2.2. By Product Type

10.2.3. By Drug Delivery Mode

10.2.4. By End Use

10.2.5. By Country

10.3.             Pricing Analysis

10.4.             MEA: Country Analysis

10.4.1. South Africa Pharmaceutical Packaging Market Outlook

10.4.1.1.     Market Size & Forecast

10.4.1.1.1.         By Value

10.4.1.2.     Market Share & Forecast

10.4.1.2.1.         By Raw Material

10.4.1.2.2.         By Product Type

10.4.1.2.3.         By Drug Delivery Mode

10.4.1.2.4.         By End Use

10.4.2. Saudi Arabia Pharmaceutical Packaging Market Outlook

10.4.2.1.     Market Size & Forecast

10.4.2.1.1.         By Value

10.4.2.2.     Market Share & Forecast

10.4.2.2.1.         By Raw Material

10.4.2.2.2.         By Product Type

10.4.2.2.3.         By Drug Delivery Mode

10.4.2.2.4.         By End Use

10.4.3. UAE Pharmaceutical Packaging Market Outlook

10.4.3.1.     Market Size & Forecast

10.4.3.1.1.         By Value

10.4.3.2.     Market Share & Forecast

10.4.3.2.1.         By Raw Material

10.4.3.2.2.         By Product Type

10.4.3.2.3.         By Drug Delivery Mode

10.4.3.2.4.         By End Use

11. Market Dynamics

11.1.             Drivers

11.1.1. Rising demand from Pharmaceutical Industry

11.1.2. Growing adoption of generic medicines

11.1.3. Technology advancement in Packaging

11.2.             Challenges

11.2.1. Increase in Pharmaceutical Counterfeit Drugs

11.2.2. Strict Government rules and policies

12. Market Trends & Developments

12.1.             Product Launches

12.2.             Merger’s & Acquisitions

12.3.             Technological Advancements

13. Global Pharmaceutical Packaging Market: SWOT Analysis

14. Porter’s Five Forces Analysis

14.1.             Competition in the Industry

14.2.             Potential of New Entrants

14.3.             Power of Suppliers

14.4.             Power of Customers

14.5.             Threat of Substitute Products

15. Competitive Landscape

15.1.             Business Overview

15.2.             Product Offerings

15.3.             Recent Developments

15.4.             Financials (In Case of Listed Companies)

15.5.             Key Personnel

15.6.             SWOT Analysis

15.6.1. Amcor plc

15.6.2. AptarGroup, Inc.

15.6.3. Schott AG

15.6.4. West Pharmaceutical Services, Inc.

15.6.5. SGD S.A.

15.6.6. Nipro Europe Group Companies

15.6.7. Gerresheimer AG

15.6.8. Berry Global Inc.

15.6.9. WestRock Company

15.6.10.              Drug Plastics Closures Inc.

16. Strategic Recommendations

Figures and Tables

Frequently asked questions

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Enhanced manufacturing processes to develop sustainable and eco-friendly packaging is the factor driving the Global Pharmaceutical Packaging Market.

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Amcor plc, AptarGroup, Inc., Schott AG, West Pharmaceutical Services, Inc., SGD S.A., Nipro Europe Group Companies, Gerresheimer AG, Berry Global Inc., WestRock Company, Drug Plastics Closures Inc. are some of the key players of Global Pharmaceutical Packaging Market.

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Pharmaceutical packaging helps to prevent pharmaceutical product damage during delivery, providing the information needed to reach its intended destination, and focus on keeping the handlers and consumers safe.

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North America is expected to dominate the market during the forecast period due to technological innovation and advancements in manufacturing processes.

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Sakshi Bajaal

Business Consultant
Press Release

Pharmaceutical Packaging Market to be Dominated by Pharmaceutical Manufacturing Industry through 2028

May, 2023

Global Pharmaceutical Packaging Market is expected to grow in the forecast period 2024-2028 due to increasing demand from the pharmaceutical manufacturing industry

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