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Forecast Year
The Europe pharmaceutical packaging market size reached USD 26.82 billion in 2023. The market is projected to grow at a CAGR of 6.7% between 2024 and 2032, reaching almost USD 48.08 billion by 2032.
The Packaging and Packaging Waste Regulation proposed by the EU in November 2022 aims to make all pharmaceutical packaging 100% recyclable by 2035. The anticipated increase in the adoption of food-grade PE by the pharmaceutical industry is expected to meet the legal regulations surrounding the use of recycled content in plastic packaging and contribute to the overall the market growth. Thus, paper and paperboard materials are expected to constitute a major portion of the Europe pharmaceutical packaging market share.
The rising prevalence of pharmacogenomics marks a key trend in the healthcare sector, indicating an underlying shift towards personalised medicine. This is expected to necessitate the demand for unique packaging solutions that are made from specialised materials for better preserving medicinal formulations. Customised labelling on individual packets can enable patients to understand the quantity of dosage better and track the efficacy of their treatment plans. This can contribute towards the Europe pharmaceutical packaging market expansion.
The increasing incidence of antimicrobial resistance is prompting companies to introduce innovative pharmaceutical packaging solutions. By incorporating advanced microchips into blister packets, product packaging can provide relevant information regarding medicine dosage and time to the patient. This data can also be accessed by healthcare professionals engaged in ensuring patient recovery to understand her health condition. This is expected to drive the Europe pharmaceutical packaging market growth in the forecast period.
Europe Pharmaceutical Packaging Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Materials
Market Breakup by Product Type
Market Breakup by Packaging Type
Market Breakup by Drug Delivery Mode
Market Breakup by End Use
Market Breakup by Country
The key Europe pharmaceutical packaging market players are Amcor Plc, DS Smith Plc, Gerresheimer AG, Sonoco Products Co., Sealed Air Corp., Schott AG, WestRock Co., Omnicell Inc., AptarGroup, Inc., Berry Global Group Inc., and Nolato AB, among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Materials |
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Breakup by Product Type |
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Breakup by Packaging Type |
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Breakup by Drug Delivery Mode |
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Breakup by End Use |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market was valued at nearly USD 26.82 billion in 2023.
The market is projected to grow at a CAGR of 6.7% between 2024 and 2032.
The market is assessed to witness a healthy growth in the forecast period to reach around USD 48.08 billion in 2032.
The different materials used in pharmaceutical packaging include plastics and polymers, glass, paper and paperboard, and aluminium foil, among others.
The different product types in the market include plastic bottles, speciality bags, parenteral container, blister packing, closures, and labels, among others.
The different end uses of pharmaceutical packaging are pharma manufacturing, contract packaging, retail pharmacy, and institutional pharmacy.
The major countries in the market include Germany, the United Kingdom, France, and Italy, among others.
The key market players are Amcor Plc, DS Smith Plc, Gerresheimer AG, Sonoco Products Co., Sealed Air Corp., Schott AG, WestRock Co., Omnicell Inc., AptarGroup, Inc., Berry Global Group Inc., and Nolato AB, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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