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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Pharmaceutical Packaging Market Size
The global pharmaceutical packaging market attained a value of approximately USD 132.69 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 12.20% reaching a value of about USD 373.92 billion by 2032.
Pharmaceutical Packaging Market Report Snapshots
Pharmaceutical Packaging Market Size
Pharmaceutical Packaging Market Trends
Pharmaceutical Packaging Market Analysis
Pharmaceutical Packaging Market Regional Analysis
Pharmaceutical Packaging Companies
*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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Key Questions Answered in the Report
In 2023, the global market for pharmaceutical packaging attained a value of USD 132.69 billion.
The market is assessed to grow at a CAGR of 12.20% between 2024 and 2032.
The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach approximately USD 373.92 billion by 2032.
The major market drivers are the surging demand for pharmaceuticals, the growing pharmaceutical industry, and the rising prevalence of chronic diseases.
The key market trends include the increasing demand for patient-oriented drugs, rising use of multiple packaging types, and production of pharmaceuticals with extended shelf-life.
The various materials of pharmaceutical packaging include plastics and polymers, glass, paper and paperboard, and aluminium foil, among others.
The product types available in the market include plastic bottles, parenteral containers, specialty bags, blister packing, closures, and labels, among others.
There are three types of packing in the pharma industry, primary, secondary, and tertiary.
Plastics used in pharmaceutical packaging include PET, PP, LDPE, and HDPE, among others.
The key players in the global pharmaceutical packaging market are Amcor Plc, Gerresheimer AG, Schott AG, Drug Plastics Group, AptarGroup, Inc., Nelipak Corporation, and Constantia Flexibles Holding GmbH, among others.
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