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India Pharmaceutical Packaging Market Size, Share, Growth: By Materials: Plastics and Polymers, Glass, Paper and Paperboard, Aluminium Foil, Others; By Product Type: Plastic Bottles, Speciality Bags, Parenteral Container, Others; By Packaging Type; By Drug Delivery Mode; By End Use; Regional Analysis; Competitive Landscape; 2024-2032
India Pharmaceutical Packaging Market Size
The India pharmaceutical packaging market reached a value of approximately USD 1.73 billion in 2023. The market is projected to grow at a CAGR of 8.70% between 2024 and 2032, reaching a value of around USD 3.67 billion by 2032.
India Pharmaceutical Packaging Market Outlook
- As per industry reports, India's population is experiencing growth, with the current population reaching 1,439,553,729 as of May 2, 2024. Rising population has a correlation with pharmaceutical sector and hence, drives the demand for pharmaceutical packaging.
- During 2020-2021, the pharmaceutical sector contributed to nearly 1.32% of the Gross Value Added (GVA) to the Indian economy.
- Favourable government initiatives such as Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY) are catering to the growth of the market.
India Pharmaceutical Packaging Market Growth
Pharmaceutical packaging is rising in prominence in India, driven by the growing pharmaceutical manufacturing sector. The patient-centricity, rising demand for eco-friendly and sustainable packaging, need for ease of production, and focus on child-resistant, user-friendly, and tamper-evident packaging are some of the key trends driving the growth of pharmaceutical packaging market in India.
India is a major pharmaceutical manufacturer on a global scale, and the largest provider of generic medicines on a global scale, constituting a share of 20% in global supply by volume. The country plays a crucial role in meeting 40 to 70% of the World Health Organisation's (WHO) demands for vaccines like Diphtheria, Tetanus, Pertussis (DTP), and Bacillus Calmette–Guérin (BCG). Key players like Bharat Biotech and Serum Institute of India are pivotal in this landscape, producing a wide range of vaccines that are essential for global immunisation programs. Efficient packaging solutions are needed for vaccines as they are also exported outside India.
Additionally, technological advancements such as the development of smart packaging solutions are gaining traction in the market. Such packaging consists of features such as RFID tags, NFC chips, or QR codes to provide information on the product, including authenticity, expiration dates, and usage instructions.
India Pharmaceutical Packaging Industry Segmentation
India Pharmaceutical Packaging Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Materials
- Plastics and Polymers
- Glass
- Paper and Paperboard
- Aluminium Foil
- Others
Market Breakup by Product Type
- Plastic Bottles
- Speciality Bags
- Parenteral Container
- Blister Packing
- Closures
- Labels
- Others
Market Breakup by Packaging Type
- Primary
- Secondary
- Tertiary
Market Breakup by Drug Delivery Mode
- Oral Drug
- Injectable Packaging
- Topical
- Others
Market Breakup by End Use
- Pharma Manufacturing
- Contract Packaging
- Retail Pharmacy
- Institutional Pharmacy
Market Breakup by Region
- North India
- East and Central India
- West India
- South India
India Pharmaceutical Packaging Market Share
India is the third largest consumer of plastics, after USA and China. Reportedly, about 20 million metric tonnes of plastic is produced per annum in India. Plastics and polymers are widely adopted in pharmaceutical packaging sector due to the characteristics of flexibility, mechanical strength and stability.
Andhra Pradesh, Gujarat, Maharashtra, and Goa are the major areas of pharmaceutical manufacturing in the country. For instance, Andhra Pradesh has 261 pharma units, while Gujarat has 3332 units. Also, the major drug clusters are present in Ahmedabad, Vadodara, Mumbai, Aurangabad, Pune, Hyderabad, Chennai, Mysore, Bangalore, and Visakhapatnam.
Leading Manufacturers in India Pharmaceutical Packaging Market
Market players are emphasising on reusable and smart packaging, child-resistant and senior-friendly packaging, and anti-counterfeiting measures to ensure product authenticity and patient safety.
- Amcor Plc
- SGD S.A
- Nipro Corp
- Gerresheimer AG
- Uflex Ltd
- West Pharmaceutical Services, Inc.
- Sonoco Products Co.
- Hoffmann Neopac AG
- Schott AG
- WestRock Co.
- AptarGroup, Inc.
- Others
Key Highlights of the Report
| 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 |
|
| 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.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Market Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Industry Opportunities and Challenges
8 Asia Pacific Pharmaceutical Packaging Market Overview
8.1 Key Industry Highlights
8.2 Asia Pacific Pharmaceutical Packaging Historical Market (2018-2023)
8.3 Asia Pacific Pharmaceutical Packaging Market Forecast (2024-2032)
9 India Pharmaceutical Packaging Market Analysis
9.1 Key Industry Highlights
9.2 India Pharmaceutical Packaging Historical Market (2018-2023)
9.3 India Pharmaceutical Packaging Market Forecast (2024-2032)
10 India Pharmaceutical Packaging Market by Materials
10.1 Plastics and Polymers
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Glass
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Paper and Paperboard
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Aluminium Foil
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 India Pharmaceutical Packaging Market by Product Type
11.1 Plastic Bottles
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Specialty Bags
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Parenteral Container
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Blister Packing
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Closures
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Labels
11.6.1 Historical Trend (2018-2023)
11.6.2 Forecast Trend (2024-2032)
11.7 Others
12 India Pharmaceutical Packaging Market by Packaging Type
12.1 Primary
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Secondary
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Tertiary
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
13 India Pharmaceutical Packaging Market by Drug Delivery Mode
13.1 Oral Drug
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Injectable Packaging
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Topical
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Others
14 India Pharmaceutical Packaging Market by End Use
14.1 Pharma Manufacturing
14.1.1 Historical Trend (2018-2023)
14.1.2 Forecast Trend (2024-2032)
14.2 Contract Packaging
14.2.1 Historical Trend (2018-2023)
14.2.2 Forecast Trend (2024-2032)
14.3 Retail Pharmacy
14.3.1 Historical Trend (2018-2023)
14.3.2 Forecast Trend (2024-2032)
14.4 Institutional Pharmacy
14.4.1 Historical Trend (2018-2023)
14.4.2 Forecast Trend (2024-2032)
15 India Pharmaceutical Packaging Market by Region
15.1 North India
15.1.1 Historical Trend (2018-2023)
15.1.2 Forecast Trend (2024-2032)
15.2 East and Central India
15.2.1 Historical Trend (2018-2023)
15.2.2 Forecast Trend (2024-2032)
15.3 West India
15.3.1 Historical Trend (2018-2023)
15.3.2 Forecast Trend (2024-2032)
15.4 South India
15.4.1 Historical Trend (2018-2023)
15.4.2 Forecast Trend (2024-2032)
16 Market Dynamics
16.1 SWOT Analysis
16.1.1 Strengths
16.1.2 Weaknesses
16.1.3 Opportunities
16.1.4 Threats
16.2 Porter’s Five Forces Analysis
16.2.1 Supplier’s Power
16.2.2 Buyers Powers
16.2.3 Threat of New Entrants
16.2.4 Degree of Rivalry
16.2.5 Threat of Substitutes
16.3 Key Indicators for Demand
16.4 Key Indicators for Price
17 Value Chain Analysis
18 Competitive Landscape
18.1 Market Structure
18.2 Company Profiles
18.2.1 Amcor Plc
18.2.1.1 Company Overview
18.2.1.2 Product Portfolio
18.2.1.3 Demographic Reach and Achievements
18.2.1.4 Certifications
18.2.2 SGD S.A.
18.2.2.1 Company Overview
18.2.2.2 Product Portfolio
18.2.2.3 Demographic Reach and Achievements
18.2.2.4 Certifications
18.2.3 Nipro Corp.
18.2.3.1 Company Overview
18.2.3.2 Product Portfolio
18.2.3.3 Demographic Reach and Achievements
18.2.3.4 Certifications
18.2.4 Gerresheimer AG
18.2.4.1 Company Overview
18.2.4.2 Product Portfolio
18.2.4.3 Demographic Reach and Achievements
18.2.4.4 Certifications
18.2.5 Uflex Ltd.
18.2.5.1 Company Overview
18.2.5.2 Product Portfolio
18.2.5.3 Demographic Reach and Achievements
18.2.5.4 Certifications
18.2.6 West Pharmaceutical Services, Inc.
18.2.6.1 Company Overview
18.2.6.2 Product Portfolio
18.2.6.3 Demographic Reach and Achievements
18.2.6.4 Certifications
18.2.7 Sonoco Products Co.
18.2.7.1 Company Overview
18.2.7.2 Product Portfolio
18.2.7.3 Demographic Reach and Achievements
18.2.7.4 Certifications
18.2.8 Hoffmann Neopac AG
18.2.8.1 Company Overview
18.2.8.2 Product Portfolio
18.2.8.3 Demographic Reach and Achievements
18.2.8.4 Certifications
18.2.9 Schott AG
18.2.9.1 Company Overview
18.2.9.2 Product Portfolio
18.2.9.3 Demographic Reach and Achievements
18.2.9.4 Certifications
18.2.10 WestRock Co.
18.2.10.1 Company Overview
18.2.10.2 Product Portfolio
18.2.10.3 Demographic Reach and Achievements
18.2.10.4 Certifications
18.2.11 AptarGroup, Inc.
18.2.11.1 Company Overview
18.2.11.2 Product Portfolio
18.2.11.3 Demographic Reach and Achievements
18.2.11.4 Certifications
18.2.12 Others
19 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Asia Pacific Pharmaceutical Packaging Market: Key Industry Highlights, 2018 and 2032
2. India Pharmaceutical Packaging Market: Key Industry Highlights, 2018 and 2032
3. India Pharmaceutical Packaging Historical Market: Breakup by Materials (USD Billion), 2018-2023
4. India Pharmaceutical Packaging Market Forecast: Breakup by Materials (USD Billion), 2024-2032
5. India Pharmaceutical Packaging Historical Market: Breakup by Product Type (USD Billion), 2018-2023
6. India Pharmaceutical Packaging Market Forecast: Breakup by Product Type (USD Billion), 2024-2032
7. India Pharmaceutical Packaging Historical Market: Breakup by Packaging Type (USD Billion), 2018-2023
8. India Pharmaceutical Packaging Market Forecast: Breakup by Packaging Type (USD Billion), 2024-2032
9. India Pharmaceutical Packaging Historical Market: Breakup by Drug Delivery Mode (USD Billion), 2018-2023
10. India Pharmaceutical Packaging Market Forecast: Breakup by Drug Delivery Mode (USD Billion), 2024-2032
11. India Pharmaceutical Packaging Historical Market: Breakup by End Use (USD Billion), 2018-2023
12. India Pharmaceutical Packaging Market Forecast: Breakup by End Use (USD Billion), 2024-2032
13. India Pharmaceutical Packaging Historical Market: Breakup by Region (USD Billion), 2018-2023
14. India Pharmaceutical Packaging Market Forecast: Breakup by Region (USD Billion), 2024-2032
15. India Pharmaceutical Packaging Market Structure
Key Questions Answered in the Report
In 2023, the pharmaceutical packaging market reached an approximate value of USD 1.73 billion.
The India pharmaceutical packaging market is estimated to grow at a CAGR of 8.70% between 2024 and 2032.
The market is estimated to witness a healthy growth during 2024-2032 to reach around USD 3.67 billion by 2032.
Plastics and polymers, glass, paper and paperboard, and aluminium foil are some of the commonly used materials in pharmaceutical packaging.
North India, East and Central India, West India, and South India are the regions in the market report.
The delivery modes in the market are oral drug, injectable packaging, and topical, among others.
Pharma manufacturing, contract packaging, retail pharmacy, and institutional pharmacy are the key end uses.
The major players in the market are Amcor Plc, SGD S.A, Nipro Corp, Gerresheimer AG, Uflex Ltd, West Pharmaceutical Services, Inc., Sonoco Products Co., Hoffmann Neopac AG, Schott AG, WestRock Co., and AptarGroup, Inc., among others.
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