United States Pharmaceutical Packaging Market Report and Forecast 2024-2032

United States Pharmaceutical Packaging Market Outlook

The United States pharmaceutical packaging market size reached around USD 71.10 billion in 2023. The market is projected to grow at a CAGR of 7.8% between 2024 and 2032, reaching almost USD 139.78 billion by 2032.

Key Takeaways

• The demand for lightweight and cost-effective pharmaceutical packaging films is expected to witness steady growth in the forecast period.

• Blister packing is expected to constitute a major portion of the market share over the forecast period.

• The shift towards sustainable production technologies is expected to facilitate the United States pharmaceutical packaging market growth.

Product and material innovation have become some of the key United States pharmaceutical packaging market trends. The development of cyclic olefin polymers (COPs) has become an important breakthrough for the market. Since COPs and copolymers are mainly composed of hydrogen and carbon, they are extremely non-reactive and durable. They resemble the optical properties of glass and can be carved into different designs easily. They have good a leachable profile and have the potential to withstand different sterilisation techniques (such as steam and radiation sterilisation). This makes them an appealing choice for many healthcare companies.

As wearable drug devices witness a surge in consumer demand, the use of inert packaging materials which provide high moisture protection and increase their shelf life is expected to witness significant growth. Moreover, transparent packaging solutions with low adsorption rates are expected to become increasingly popular over the forecast period.

The evolving standards of drug packaging and distribution in the United States are expected to prompt major companies to enhance operational efficiencies by deploying intelligent robots and machines to detect faulty packaging material and replace it with another piece. This is expected to propel the United States pharmaceutical packaging market expansion in the coming years.

Market Segmentation

United States 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

• New England

• Mideast

• Great Lakes

• Plains

• Southeast

• Southwest

• Rocky Mountain

• Far West

The key United States pharmaceutical packaging market players are Amcor Plc, Sonoco Products Co., Sealed Air Corp., Schott AG, Winpak Ltd., WestRock Co., Omnicell Inc., AptarGroup, Inc., Cardinal Health Inc., and McKesson Corp., among others.

Key Highlights of the Report