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Pharmaceutical Packaging Market Bwc19443
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Pharmaceutical Packaging Market Bwc19443

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Pharmaceutical Packaging Market- Global Industry Size, Share, Growth, Opportunity and Forecast, 2018-2028, Segmented By Type (Bottles, Blister Packs, Labels & Accessories, Caps & Closures, Medical Specialty Bags, Pre-Filled Syringes, Others), By Raw Material (Plastics & Polymers, Paper & Paperboards, Glass, Metals, Others), By Drug Delivery Mode (Oral Drug Delivery Packaging, Pulmonary Drug Delivery Packaging, Transdermal Drug Delivery Packaging, Injectable Packaging, Others), By Product Type (Primary Packaging, Secondary Packaging, Tertiary Packaging), By Region (North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle-East & Africa (MEA)

  • Published Date: March 2022
  • Report ID: BWC22076
  • Available Format: PDF
  • Page: 193

Report Overview

The pharmaceutical packaging market is flourishing at a high rate owing to developing healthcare infrastructure, rising healthcare expenses and growing burden of various infectious and chronic diseases along with growing demand for convenient packaging types, such as prefilled syringes and auto-injectors.

Pharmaceutical Packaging Market- Industry Trends & Forecast Report 2028

The pharmaceutical packaging market was worth USD 99.5 billion in 2021 and is further projected to reach USD 250.9 billion by the year 2028, growing at the CAGR of 14.2% in the forecast period. The market is flourishing at a high rate owing to developing healthcare infrastructure, rising healthcare expenses and growing burden of various infectious and chronic diseases. Furthermore, growing demand for convenient packaging types, such as prefilled syringes and auto-injectors, is anticipated to create lucrative growth opportunities for the pharmaceutical packaging market in the forecast period.

Pharmaceutical Packaging Market

Pharmaceutical Packaging - Overview

Pharmaceutical packaging is also known as drug packaging, is a covering or protection with a component of the pharmaceutical product throughout the process, which involves several activities varying from pharmaceutical production to distribution to the end-user. Pharmaceutical packaging facilitates the protection of medicines from contamination, degradation, damage, and counterfeiting, and helps to extend product shelf life. Usually materials like plastic, glass, metal, and rubber are used for pharmaceutical packaging. The drug manufacturers are required to follow international regulatory compliance.

Pharmaceutical Packaging Market Forecast and Trends

Growth Drivers

Flourishing Pharmaceutical Industry

The pharmaceutical industry is rapidly growing especially in emerging economies such as India and China. India is emerging as the largest provider of generic drugs globally and its pharmaceutical sector is supplying over 50% of the global demand for various vaccines, 40% of the generic demand in the US, and 25% of the medicines in the UK, according to India Brand Equity Foundation. The emerging economies are providing low cost of production and are also investing in r&d activities, which acts as a major driving factor for the pharmaceutical packaging market.

Advancements in Pharmaceutical Packaging Manufacturing Processes

The sophisticated manufacturing processes used to develop pharmaceutical packages execute a pivotal role in the growth of the global pharmaceutical packaging market. Advanced manufacturing processes, which include green packaging technologies, utilize environment-friendly materials to produce pharmaceutical packages, causing minimal harm to the environment, are expected to drive the market growth. The designs of these eco-friendly and biodegradable packaging materials are substituting the existing conventional packaging materials. The raw materials employed for eco-friendly packaging include cardboard, paper, and cornstarch.

Restraints

High Packaging Cost And Government Regulations

The price volatility of raw materials, which is used in pharmaceutical packaging, acts as a major restraining factor for the pharmaceutical packaging market. The cost of raw material and packaging has risen significantly in the last few years due to the increasing market demand and high labor cost. It is also presumed that the prices will increase overall along with variations in ecological measures. Furthermore, complicated and unstructured distribution channels especially in emerging economies such as China and India further add up the transportation costs.

Impact of COVID-19 on Pharmaceutical Packaging Market

The pharmaceutical packaging market witnessed prolific growth after the COVID-19 pandemic. The demand for medicines witnessed a sharp spike after the outbreak due to the increasing need for different types of medicines for the treatment of COVID-19 symptoms. Furthermore, the development of vaccines by various pharmaceutical companies and free nationwide vaccination drives under the government initiatives of various countries also boosted the demand for pharmaceutical packaging, flourishing the overall market growth.

Pharmaceutical Packaging Market - By Raw Material

Based on raw material, the pharmaceutical packaging market is segmented into plastics & polymers, paper & paperboards, glass, metals, and others. The glass segment accounts for the largest market share as it is the most commonly used material for packaging a large number of pharmaceuticals. According to the WHO guidelines, different types of glass can be used for different types of medicinal products. Furthermore, glass can also be tested for light and hydrolytic resistance, which acts as a major contributing factor to its market growth.

Pharmaceutical Packaging Market - By Drug Delivery Mode

Based on drug delivery mode, the pharmaceutical packaging market is segmented into oral drug delivery packaging, pulmonary drug delivery packaging, transdermal drug delivery packaging, injectable packaging, and others. The oral drug delivery packaging accounts for the largest market share. This is because of the high consumption of oral medications such as tablets, capsules, power, liquids, etc., among patients. Furthermore, lower production cost and easy manufacturing technique for producing oral drug delivery packaging also plays a crucial role in driving the market growth.

Pharmaceutical Packaging Market - Regional Insights

Geographically, the pharmaceutical packaging market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle-East & Africa. North America dominates the pharmaceutical packaging market, followed by Europe, owing to the presence of major healthcare and pharmaceutical conglomerates manufacturing large varieties of medicines and increasing healthcare infrastructure. Furthermore, stringent regulatory compliance for pharmaceutical packaging in this region also acts as a major driving factor for the market growth. The Asia-Pacific region also covers substantial market share due to the increasing establishment of pharmaceutical companies in emerging economies.

Competitive Landscape

The leading market players of the pharmaceutical packaging market are Amcor PLC, Gerresheimer AG, Berry Global Inc., Schott AG, AptarGroup, Inc., Becton, Dickinson and Company, Catalent, Inc., Nipro Corporation, West Pharmaceutical Services, Inc., Westrock Company, Alpla Werke Alwin Lehner GmbH & Co KG, Ardagh Group S. A., Constantia, CCL Industries Inc., Frank Noe Egypt LTD, Gaplast GmbH, Lonza Group LTD, Mondi Group, Nelipak Healthcare, and other prominent players.

The market is semi-concentration with the presence of certain global players as well as numerous regional industry participants. The companies significantly invest in research and development activities to innovate their offering and launch new products to strengthen their market presence. Furthermore, the adoption of competitive strategies such as mergers, acquisitions, partnerships, joint ventures, etc., is also prominent in this market.

Recent Development

  • In January 2022, IWK Packaging Systems, Inc., a US-based packaging company, revealed the VI 5 and VC 5 Vertical Cartoners that offer versatile and cost-effective, and premium carton and tube filling for the pharmaceutical and health and beauty sectors.
  • In December 2021, CSafe Global, a US-based pharmaceutical company, announced the acquisition of Softbox Systems, a temperature-controlled packaging solutions for the pharmaceutical, life science and cold chain logistics industries.

Scope of Report

Attributes Details
Years Considered Historical data – 2018-2021
Base Year – 2021
Forecast – 2022 – 2028
Facts Covered Revenue in USD Billion
Market Coverage U.S, Canada, Germany, UK, France, Italy, Spain, Brazil, Mexico, Japan, South Korea, China, India, UAE, South Africa, Saudi Arabia
Product Service/Segmentation By Type, By Raw Material, By Drug Delivery Mode, By Product Type, By Region
Key Players Amcor PLC, Gerresheimer AG, Berry Global Inc., Schott AG, AptarGroup, Inc., Becton, Dickinson and Company, Catalent, Inc., Nipro Corporation, West Pharmaceutical Services, Inc., Westrock Company, Alpla Werke Alwin Lehner GmbH & Co KG, Ardagh Group S. A., Constantia, CCL Industries Inc., Frank Noe Egypt LTD, Gaplast GmbH, Lonza Group LTD, Mondi Group, Nelipak Healthcare, and other prominent players.

 

By Type

  • Bottles
  • Blister Packs
  • Labels & Accessories
  • Caps & Closures
  • Medical Specialty Bags
  • Pre-Filled Syringes
  • Others

By Raw Material

  • Plastics & Polymers
  1. High-Density Polyethylene
  2. Polyester
  3. Polypropylene
  4. Others
  • Paper & Paperboards
  • Glass
  • Metals
  • Others

By Drug Delivery Mode

  • Oral Drug Delivery Packaging
  • Pulmonary Drug Delivery Packaging
  • Transdermal Drug Delivery Packaging
  • Injectable Packaging
  • Others

By Product Type

  • Primary Packaging
  • Secondary Packaging
  • Tertiary Packaging

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa
  1. Research Framework
    1. Research Objective
    2. Product Overview
    3. Key Market Segments
  2. Research Methodology
    1. Qualitative Research
    2. Methodology
    3. Regional Split of Primary & Secondary Research
    4. Secondary Research
    5. Primary Research
      1. Breakdown of Primary Research Respondents, By Region
      2. Breakdown of Primary Research Respondents, By Industry Participants
    6. Market Size Estimation
    7. Assumptions for the Study
    8. Market Breakdown & Data Triangulation
  3. Executive Summary
  4. Industry Insight and Growth Strategy
    1. Value Chain Analysis
    2. DROC Analysis
      1. Market Drivers
        1. Flourishing Pharmaceutical Industry
        2. Advancements in Pharmaceutical Packaging Manufacturing Processes
      2. Market Restraints
        1. High Packaging Cost And Government Regulations
      3. Market Challenges
        1. Lack of Developed Healthcare in Certain Countries
      4. Market Opportunity
        1. Gradual Shift Towards Sustainable Packaging Techniques
        2. Increasing Demand For Prefill-Able Syringes
    3. Recent Developments
    4. Porter’s Five Forces Analysis
      1. Bargaining Power of Buyers
      2. Bargaining Power of Suppliers
      3. Intensity of Rivalry
      4. Threat of New Entrants
      5. Threat of Substitutes
  5. Pharmaceutical Packaging Market Overview
    1. Market Size & Forecast by Value, 2018-2028
    2. Market Size and Forecast, By Segment
      1. By Type
        1. Bottles
        2. Blister Packs
        3. Labels & Accessories
        4. Caps & Closures
        5. Medical Specialty Bags
        6. Pre-Filled Syringes
        7. Others
      2. By Raw Material
        1. Plastics & Polymers
          1. High-Density Polyethylene
          2. Polyester
          3. Polypropylene
          4. Others
        2. Paper & Paperboards
        3. Glass
        4. Metals
        5. Others
      3. By Drug Delivery Mode
        1. Oral Drug Delivery Packaging
        2. Pulmonary Drug Delivery Packaging
        3. Transdermal Drug Delivery Packaging
        4. Injectable Packaging
        5. Others
      4. By Product Type
        1. Primary Packaging
        2. Secondary Packaging
        3. Tertiary Packaging
      5. By Region
        1. North America
        2. Europe
        3. Asia-Pacific
        4. Latin America
        5. Middle East & Africa
  6. North America Pharmaceutical Packaging Market Overview
    1. Market Size and Forecast
      1. By Value (USD Billion), 2018-2028
    2. Market Share and Forecast
      1. By Type
      2. By Raw Material
      3. By Drug Delivery Mode
      4. By Product Type
      5. By Country
        1. U.S.
        2. Canada
  7. Europe Pharmaceutical Packaging Market Overview
    1. Market Size and Forecast
      1. By Value (USD Billion), 2018-2028
    2. Market Share and Forecast
      1. By Type
      2. By Raw Material
      3. By Drug Delivery Mode
      4. By Product Type
      5. By Country
        1. Germany
        2. U.K.
        3. Russia
        4. France
        5. Italy
        6. Spain
        7. Rest of Europe
  8. APAC Pharmaceutical Packaging Market Overview
    1. Market Size and Forecast
      1. By Value (USD Billion), 2018-2028
    2. Market Share and Forecast
      1. By Type
      2. By Raw Material
      3. By Drug Delivery Mode
      4. By Product Type
      5. By Country
        1. China
        2. India
        3. Japan
        4. South Korea
        5. Rest of APAC
  9. LATAM Pharmaceutical Packaging Market Overview
    1. Market Size and Forecast
      1. By Value (USD Billion), 2018-2028
    2. Market Share and Forecast
      1. By Type
      2. By Raw Material
      3. By Drug Delivery Mode
      4. By Product Type
      5. By Country
        1. Mexico
        2. Brazil
        3. Rest of LATAM
  10. MEA Pharmaceutical Packaging Market Overview
    1. Market Size and Forecast
      1. By Value (USD Billion), 2018-2028
    2. Market Share and Forecast
    3. By Type
    4. By Raw Material
    5. By Drug Delivery Mode
    6. By Product Type
    7. By Country
      1. Saudi Arabia
      2. UAE
      3. South Africa
      4. Rest of MEA
  11. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. Market Share Analysis (2021)
    3. Competitive Benchmarking by Operating Parameters
  12. Impact of COVID-19 on Pharmaceutical Packaging Market
  13. Company Profiles (Company Overview, Financial Matrix, Key Product landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) *
    1. Amcor PLC
    2. Gerresheimer AG
    3. Berry Global Inc.
    4. Schott AG
    5. Aptar Group, Inc.
    6. Becton, Dickinson and Company
    7. Catalent, Inc.
    8. Nipro Corporation
    9. West Pharmaceutical Services, Inc.
    10. Westrock Company
    11. Alpla Werke Alwin Lehner GmbH & Co Kg
    12. Ardagh Group S. A.
    13. Constantia
    14. CCL Industries Inc.
    15. Frank Noe Egypt LTD
    16. Gaplast GmbH
    17. Lonza Group LTD
    18. Mondi Group
    19. Nelipak Healthcare
    20. Other Prominent Players
  14. Key Strategic Recommendations

 

 

List of Figures

 

 

Figure 1: Pharmaceutical Packaging Market Segmentation

 

Figure 2: Pharmaceutical Packaging Market Value Chain Analysis,

 

Figure 3: Company Market Share Analysis, 2021

 

Figure 4: Pharmaceutical Packaging Market Size, By Value (USD Billion), 2018-2028

 

Figure 5: Pharmaceutical Packaging Market Share (%), By Type, By Value, 2018-2028

 

Figure 6: Pharmaceutical Packaging Market Share (%), By Raw Material, By Value, 2018-2028

 

Figure 7: Pharmaceutical Packaging Market Share (%), By Drug Delivery Mode, By Value, 2018-2028

 

Figure 8: Pharmaceutical Packaging Market Share (%), By Product Type, By Value, 2018-2028

 

Figure 9: Pharmaceutical Packaging Market Share (%), By Region, By Value, 2018-2028

 

Figure 10: North America Pharmaceutical Packaging Market Size, By Value (USD Billion), 2018-2028

 

Figure 11: North America Pharmaceutical Packaging Market Share (%), By Type, By Value, 2018-2028

 

Figure 12: North America Pharmaceutical Packaging Market Share (%), By Raw Material, By Value, 2018-2028

 

Figure 13: North America Pharmaceutical Packaging Market Share (%), By Drug Delivery Mode, By Value, 2018-2028

 

Figure 14: North America Pharmaceutical Packaging Market Share (%), By Product Type, By Value, 2018-2028

 

Figure 15: North America Pharmaceutical Packaging Market Share (%), By Country, By Value, 2018-2028

 

Figure 16: Europe Pharmaceutical Packaging Market Size, By Value (USD Billion), 2018-2028

 

Figure 17: Europe Pharmaceutical Packaging Market Share (%), By Type, By Value, 2018-2028

 

Figure 18: Europe Pharmaceutical Packaging Market Share (%), By Raw Material, By Value, 2018-2028

 

Figure 19: Europe Pharmaceutical Packaging Market Share (%), By Drug Delivery Mode, By Value, 2018-2028

 

Figure 20: Europe Pharmaceutical Packaging Market Share (%), by Product Type, By Value, 2018-2028

 

Figure 21: Europe Pharmaceutical Packaging Market Share (%), By Country, By Value, 2018-2028

 

Figure 22: Asia-Pacific Pharmaceutical Packaging Market Size, By Value (USD Billion), 2018-2028

 

Figure 23: Asia-Pacific Pharmaceutical Packaging Market Share (%), By Type, By Value, 2018-2028

 

Figure 24: Asia-Pacific Pharmaceutical Packaging Market Share (%), By Raw Material, By Value, 2018-2028

 

Figure 25: Asia-Pacific Pharmaceutical Packaging Market Share (%), By Drug Delivery Mode, By Value, 2018-2028

 

Figure 26: Asia-Pacific Pharmaceutical Packaging Market Share (%), By Product Type, By Value, 2018-2028

 

Figure 27: Asia-Pacific Pharmaceutical Packaging Market Share (%), By Country, By Value, 2018-2028

 

Figure 28: Latin America Pharmaceutical Packaging Market Size, By Value (USD Billion), 2018-2028

 

Figure 29: Latin America Pharmaceutical Packaging Market Share (%), By Type, By Value, 2018-2028

 

Figure 30: Latin America Pharmaceutical Packaging Market Share (%), By Raw Material, By Value, 2018-2028

 

Figure 31: Latin America Pharmaceutical Packaging Market Share (%), By Drug Delivery Mode, By Value, 2018-2028

 

Figure 32: Latin America Pharmaceutical Packaging Market Share (%), By Product Type, By Value, 2018-2028

 

Figure 33: Latin America Pharmaceutical Packaging Market Share (%), By Country, By Value, 2018-2028

 

Figure 34: Middle East & Africa Pharmaceutical Packaging Market Size, By Value (USD Billion), 2018-2028

 

Figure 35: Middle East & Africa Pharmaceutical Packaging Market Share (%), By Type, By Value, 2018-2028

 

Figure 36: Middle East & Africa Pharmaceutical Packaging Market Share (%), By Raw Material, By Value, 2018-2028

 

Figure 37: Middle East & Africa Pharmaceutical Packaging Market Share (%), By Drug Delivery Mode, By Value, 2018-2028

 

Figure 38: Middle East & Africa Pharmaceutical Packaging Market Share (%), By Product Type, By Value, 2018-2028

 

Figure 39: Middle East & Africa Pharmaceutical Packaging Market Share (%), By Region, By Value, 2018-2028

 

 

 

List of Tables

 

 

Table 1: Pharmaceutical Packaging Market Size, By Type, By Value, 2018-2028

 

Table 2: Pharmaceutical Packaging Market Size, By Raw Material, By Value (USD Billion), 2018-2028

 

Table 3: Pharmaceutical Packaging Market Size, By Drug Delivery Mode, By Value (USD Billion), 2018-2028

 

Table 4: Pharmaceutical Packaging Market Size, By Product Type, By Value (USD Billion), 2018-2028

 

Table 5: Pharmaceutical Packaging Market Size, By Region, By Value (USD Billion), 2018-2028

 

Table 6: North America Pharmaceutical Packaging Market Size, By Type, By Value (USD Billion), 2018-2028

 

Table 7: North America Pharmaceutical Packaging Market Size, By Raw Material, By Value (USD Billion), 2018-2028

 

Table 8: North America Pharmaceutical Packaging Market Size, By Drug Delivery Mode, By Value (USD Billion), 2018-2028

 

Table 9: North America Pharmaceutical Packaging Market Size, By Product Type, By Value (USD Billion), 2018-2028,

 

Table 10: Europe Pharmaceutical Packaging Market Size, By Type, By Value (USD Billion), 2018-2028

 

Table 11: Europe Pharmaceutical Packaging Market Size, By Raw Material, By Value (USD Billion), 2018-2028

 

Table 12: Europe Pharmaceutical Packaging Market Size, By Drug Delivery Mode, By Value (USD Billion), 2018-2028

 

Table 13: Europe Pharmaceutical Packaging Market Size, By Product Type, By Value (USD Billion), 2018-2028

 

Table 14: the Asia-Pacific Pharmaceutical Packaging Market Size, By Type, By Value (USD Billion), 2018-2028

 

Table 15: the Asia-Pacific Pharmaceutical Packaging Market Size, By Raw Material, By Value (USD Billion), 2018-2028

 

Table 16: the Asia-Pacific Pharmaceutical Packaging Market Size, By Drug Delivery Mode, By Value (USD Billion), 2018-2028

 

Table 17: the Asia-Pacific Pharmaceutical Packaging Market Size, By Product Type, By Value (USD Billion), 2018-2028

 

Table 18: Latin America Pharmaceutical Packaging Market Size, By Type, By Value (USD Billion), 2018-2028

 

Table 19: Latin America Pharmaceutical Packaging Market Size, By Raw Material, By Value (USD Billion), 2018-2028

 

Table 20: Latin America Pharmaceutical Packaging Market Size, By Drug Delivery Mode, By Value (USD Billion), 2018-2028

 

Table 21: Latin America Pharmaceutical Packaging Market Size, By Product Type, By Value (USD Billion), 2018-2028

 

Table 22: The Middle-East & Africa Pharmaceutical Packaging Market Size, By Type, By Value (USD Billion), 2018-2028

 

Table 23: The Middle-East & Africa Pharmaceutical Packaging Market Size, By Raw Material, By Value (USD Billion), 2018-2028

 

Table 24: The Middle-East & Africa Pharmaceutical Packaging Market Size, By Drug Delivery Mode, By Value (USD Billion), 2018-2028

 

Table 25: The Middle-East & Africa Pharmaceutical Packaging Market Size, By Product Type, By Value (USD Billion), 2018-2028

 

 

Table 26: Amcor PLC Financial Analysis

Table 27: Amcor PLC Business Overview

Table 28: Gerresheimer AG Financial Analysis

Table 29: Gerresheimer AG Business Overview

Table 30: Berry Global Inc. Corporation Financial Analysis

Table 31: Berry Global Inc. Corporation Business Overview

Table 32: Schott AG Financial Analysis

Table 33: Schott AG Business Overview

Table 34: Aptar Group, Inc. Financial Analysis

Table 35: Aptar Group, Inc. Business Overview

Table 36: Becton, Dickinson and Company Financial Analysis

Table 37: Becton, Dickinson and Company Business Overview

Table 38: Catalent, Inc. Financial Analysis

Table 39: Catalent, Inc. Business Overview

Table 40: Nipro Corporation Financial Analysis

Table 41: Nipro Corporation Business Overview

Table 42: West Pharmaceutical Services, Inc. Financial Analysis

Table 43: West Pharmaceutical Services, Inc. Business Overview

Table 44: Westrock Company Financial Analysis

Table 45: Westrock Company Business Overview

Table 46: Alpla Werke Alwin Lehner GmbH & Co Kg Financial Analysis

Table 47: Alpla Werke Alwin Lehner GmbH & Co Kg Financial Analysis

Table 48: Ardagh Group S. A. Financial Analysis

Table 49: Ardagh Group S. A. Business Overview

Table 50: Constantia Financial Analysis

Table 51: Constantia Business Overview

Table 52: CCL Industries Inc. Financial Analysis

Table 53: CCL Industries Inc. Business Overview

Table 54: Frank Noe Egypt LTD Financial Analysis

Table 55: Frank Noe Egypt LTD Business Overview

Table 56: Gaplast GmbH Financial Analysis

Table 57: Gaplast GmbH Business Overview

Table 58: Lonza Group LTD Financial Analysis

Table 59: Lonza Group LTD Business Overview

Table 60: Mondi Group Financial Analysis

Table 61: Mondi Group Business Overview

Table 62: Nelipak Healthcare Financial Analysis

Table 63: Nelipak Healthcare Business Overview

Market Segmentation

By Type

  • Bottles
  • Blister Packs
  • Labels & Accessories
  • Caps & Closures
  • Medical Specialty Bags
  • Pre-Filled Syringes
  • Others

By Raw Material

  • Plastics & Polymers
  1. High-Density Polyethylene
  2. Polyester
  3. Polypropylene
  4. Others
  • Paper & Paperboards
  • Glass
  • Metals
  • Others

By Drug Delivery Mode

  • Oral Drug Delivery Packaging
  • Pulmonary Drug Delivery Packaging
  • Transdermal Drug Delivery Packaging
  • Injectable Packaging
  • Others

By Product Type

  • Primary Packaging
  • Secondary Packaging
  • Tertiary Packaging

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa
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Frequently Asked Questions (FAQs):

Ans: The pharmaceutical packaging market reached USD 99.5 billion in 2021.
Ans: The major factors driving the growth of the pharmaceutical packaging market are; flourishing pharmaceutical industry and advancements in pharmaceutical packaging manufacturing processes.
Ans: The key players in the pharmaceutical packaging market are: Amcor PLC, Gerresheimer AG, Berry Global Inc., Schott AG, AptarGroup, Inc., Becton, Dickinson and Company, Catalent, Inc., Nipro Corporation, West Pharmaceutical Services, Inc., Westrock Company, Alpla Werke Alwin Lehner GmbH & Co KG, Ardagh Group S. A., Constantia, CCL Industries Inc., Frank Noe Egypt LTD, Gaplast GmbH, Lonza Group LTD, Mondi Group, Nelipak Healthcare, and other prominent players.
Ans: The glass segment accounted for the largest share in the pharmaceutical packaging market.
Ans: North America has the largest share in the pharmaceutical packaging market.