Pharmaceutical Packaging Market by Type (Plastic Bottles, Blister Packs, Vials), Veterinary Vaccine Packaging (Livestock, Aquaculture, Porcine), Drug Delivery (Oral, Pulmonary, Topical), Raw Material (HDPE, LDPE), and Region - Global Forecast to 2021

The pharmaceutical packaging market was valued at USD 65.55 Billion in 2015 and is projected to reach USD 94.93 Billion by 2021, at a CAGR of 6.4% from 2016 to 2021. In this study, 2015 has been considered as the base year, while the forecast period has been considered from 2016 to 2021.

The main objective of the study is to define, describe, and forecast the pharmaceutical packaging market on the basis of type, drug delivery, veterinary vaccine, raw material, and region. The report includes detailed information about the major factors, such as drivers, restraints, opportunities, and industry specific challenges influencing the growth of the pharmaceutical packaging market. The report strategically analyzes market segments with respect to individual growth trends, growth prospects, and contribution to the total market. In the report, the pharmaceutical packaging market has been studied for five major regions, namely, North America, Europe, Asia-Pacific, South America, and the Middle East & Africa.

In this report, market sizes have been derived through various research methodologies. In the secondary research process, different sources have been referred, to identify and collect information for this study on the pharmaceutical packaging market. These secondary sources include annual reports, press releases, and investor presentations of companies, white papers, certified publications, and articles from recognized authors. In the primary research process, sources from both, supply and demand sides have been interviewed to obtain qualitative and quantitative information for this report. The bottom-up approach has been used to estimate the market size, in terms of value. The top-down approach has been implemented to validate the market size, in terms of value. With the data triangulation procedure and validation of data through primaries, exact values of the sizes of the overall parent market and individual markets have been determined and confirmed in this study.

The figure below illustrates the breakdown of profiles of primary interview participants.

To know about the assumptions considered for the study, download the pdf brochure

The pharmaceutical packaging market includes raw material suppliers, different segments of the pharmaceutical industry, manufacturers of pharmaceutical packaging, and end users. Raw material suppliers include various mid-level companies as the raw materials involved in the production of different types of packaging are purchased in bulk. Amcor Ltd. (Australia), Schott AG (Germany), AptarGroup, Inc. (U.S.), Gerresheimer AG (Germany), Becton, Dickinson and Company (U.S.), and Capsugel Inc. (U.S.), among others are the leading players operating in the pharmaceutical packaging market..

The stakeholders in the pharmaceutical packaging market are:

• Pharmaceutical Packaging Manufacturers, Dealers, and Suppliers
• Drug Manufacturers
• Research Organizations
• Government and Other Regulatory Bodies
• End-Use Companies
• Industry Associations

Scope of the Report:

The report forecasts revenue growth and provides an analysis of trends in each of the subsegments of the pharmaceutical packaging market. This research report categorizes the pharmaceutical packaging market based on the following:

Pharmaceutical Packaging Market, by Type:

• Plastic Bottles
• Blister Packs
• Labels & Accessories
• Caps & Closures
• Pre-fillable Syringes
• Medical Specialty Bags
• Temperature Controlled Packaging
• Pouches & Strip Packs
• Pre-filled Inhalers
• Vials
• Ampoules
• Medication Tubes
• Jars & Canisters
• Cartridges
• Others

Pharmaceutical Packaging Market, by Veterinary Vaccine Packaging:

• Livestock Vaccines
• Porcine Vaccines
• Poultry Vaccines
• Canine Vaccines
• feline Vaccines
• Equine Vaccines
• Aquaculture Vaccines
• Others
  

Pharmaceutical Packaging Market, by Drug Delivery

• Oral Drugs
• Pulmonary
• Transdermal
• Injectables
• Topical 
• Nasal 
• Ocular/Ophthalmic
• IV Drugs
• Others

 Pharmaceutical Packaging Market, by Raw Material:

• High Density Polyethylene
• Polyester 
• Polypropylene
• Low Density Polyethylene
• Polyvinyl Chloride
• Other Plastics/Polymers
• Total Plastics
• Paper & Paperboard
• Glass
• Aluminum Foil
• Others

Pharmaceutical Packaging Market, by Region:

• Europe
• North America
• Asia-Pacific
• South America
• Middle East & Africa

Each region is further segmented into the key countries in the respective regions.

Available Customizations:

The following customization options are available for the report:

1. Country Information
   • Pharmaceutical packaging market analysis for additional countries
2. Company Information
   • Detailed analysis and profiles of additional market players (up to five)

Table of Contents

1 Introduction (Page No. - 15)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Years Considered for the Study
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 20)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Research
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Research
                    2.1.2.2 Breakdown of Primary Interviews
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top Down Approach
    2.3 Data Triangulation
    2.4 Research Assumptions
           2.4.1 Assumption

3 Executive Summary (Page No. - 27)
    3.1 Introduction

4 Premium Insights (Page No. - 32)
    4.1 Significant Opportunities in Pharmaceutical Packaging Market
    4.2 Pharmaceutical Packaging Market: By Type
    4.3 Pharmaceutical Packaging Market Share, By Region
    4.4 Pharmaceutical Packaging Market, By Drug Delivery Type, 2014–2021
    4.5 Pharmaceutical Packaging Market Share, By Raw Material and Region
    4.6 Pharmaceutical Packaging Market, By Veterinary Vaccines, 2014–2021

5 Market Overview (Page No. - 37)
    5.1 Introduction
    5.2 Market Segmentation
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Growing Pharmaceutical Industry in Emerging Economies
                    5.3.1.2 Growing Demand for Drug Delivery Devices and Blister Packaging
                    5.3.1.3 Technological Advancements to Contribute to Growth of Pharmaceutical Packaging
                               5.3.1.3.1 Nanotechnology
                               5.3.1.3.2 Child Resistant Packaging
                               5.3.1.3.3 Radio-Frequency Identification (RFID)
                               5.3.1.3.4 Stora Enso Pharma Ddsi Wireless Technology
                               5.3.1.3.5 Combination of Twist-Off Caps & Foil Seal Closures
                               5.3.1.3.6 Launch of PP Random Copolymer Grades
                               5.3.1.3.7 ECO-Friendly and Sustainable Packaging
                               5.3.1.3.8 Braille Compliance
                               5.3.1.3.9 Smart Technologies: Latest Pharmaceutical Packaging Innovations
                    5.3.1.4 Rising Health and Environment Awareness
           5.3.2 Restraints
                    5.3.2.1 Increasing Overall Packaging Costs Owing to Dynamic Regulatory Measures
                    5.3.2.2 Stringent Regulations Set By Various Governing Bodies
           5.3.3 Opportunities
                    5.3.3.1 Growth in Global Demand for Primary Pharmaceutical Packaging
                    5.3.3.2 Rapidly Increasing 3pl and Other Services in Emerging Markets
           5.3.4 Challenges
                    5.3.4.1 Gaining Competitiveness in New Geographies
                    5.3.4.2 Safeguarding Against Counterfeit Products
                    5.3.4.3 Issues in Serving the Emerging Markets

6 Industry Trends (Page No. - 51)
    6.1 Introduction
    6.2 Value Chain Analysis
    6.3 Porter’s Five Forces Analysis
           6.3.1 Threat of New Entrants
           6.3.2 Threat of Substitutes
           6.3.3 Bargaining Power of Buyers
           6.3.4 Bargaining Power of Suppliers
           6.3.5 Intensity of Competitive Rivalry

7 Pharmaceutical Packaging Market, By Type (Page No. - 56)
    7.1 Introduction
    7.2 Plastic Bottles
           7.2.1 Standard Plastic Bottles
           7.2.2 Plastic Dispensing Bottles
           7.2.3 Plastic Jars
           7.2.4 Plastic Cans
    7.3 Blister Packs
           7.3.1 Compartment Packs
           7.3.2 Wallet Packs
    7.4 Labels & Accessories
    7.5 Caps & Closures
    7.6 Medical Specialty Bags
    7.7 Pre-Fillable Syringes
    7.8 Temperature Controlled Vaccines/Medicines Packaging
    7.9 Pouches & Strip Packs
    7.10 Ampoules
    7.11 Vials
    7.12 Pre-Fillable Inhalers
           7.12.1 Metered Dose Inhalers
           7.12.2 Dry Powder Inhalers
    7.13 Medication Tubes
           7.13.1 Composite Tubes
           7.13.2 All-Plastic Tubes
           7.13.3 Collapsible Metal Tubes
    7.14 Jars & Canisters
    7.15 Cartridges
    7.16 Others

8 Pharmaceutical Packaging Market for Veterinary Vaccines (Page No. - 71)
    8.1 Introduction
    8.2 Livestock Vaccines Packaging
    8.3 Porcine Vaccines Packaging
    8.4 Poultry Vaccines Packaging
    8.5 Canine Vaccines Packaging
    8.6 Feline Vaccines Packaging
    8.7 Equine Vaccines Packaging
    8.8 Aquaculture Vaccines Packaging

9 Pharmaceutical Packaging Market, By Drug Delivery Mode (Page No. - 76)
    9.1 Introduction
    9.2 Oral Drug Delivery Packaging
    9.3 Pulmonary Drug Delivery Packaging
    9.4 Transdermal Drug Delivery Packaging
    9.5 Injectable Packaging
    9.6 Topical Drug Delivery Packaging
    9.7 Nasal Drug Delivery Packaging
    9.8 Ocular Drug Delivery Packaging
    9.9 IV Drugs Delivery Packaging
    9.10 Other Drugs Delivery Packaging

10 Pharmaceutical Packaging Market, By Raw Material (Page No. - 81)
     10.1 Introduction
     10.2 Plastics & Polymers
             10.2.1 High-Density Polyethylene
             10.2.2 Polyester
             10.2.3 Polypropylene
             10.2.4 Low-Density Polyethylene
             10.2.5 Polyvinyl Chloride
     10.3 Paper & Paperboard
     10.4 Glass
     10.5 Aluminum Foil
     10.6 Others

11 Pharmaceutical Packaging Market, By Region (Page No. - 88)
     11.1 Introduction
     11.2 North-America
             11.2.1 U.S.
             11.2.2 Canada
             11.2.3 Mexico
     11.3 Europe
             11.3.1 Germany
             11.3.2 U.K.
             11.3.3 France
             11.3.4 Spain
             11.3.5 Italy
             11.3.6 Russia
             11.3.7 Rest of Europe
     11.4 Asia-Pacific
             11.4.1 China
             11.4.2 Japan
             11.4.3 India
             11.4.4 South Korea
             11.4.5 Australia & New Zealand
             11.4.6 Rest of Asia-Pacific
     11.5 Middle East & Africa
             11.5.1 Saudi Arabia
             11.5.2 South Africa
             11.5.3 UAE
             11.5.4 Rest of MEA
     11.6 South America
             11.6.1 Brazil
             11.6.2 Argentina
             11.6.3 Rest of South America

12 Competitive Landscape (Page No. - 138)
     12.1 Overview
     12.2 Market Ranking of Key Players
             12.2.1 Amcor Ltd. (Australia)
             12.2.2 Becton, Dickinson and Company (U.S.)
             12.2.3 Aptargroup, Inc.(U.S.)
             12.2.4 Gerresheimer AG (Germany)
             12.2.5 Schott AG (Germany)
     12.3 Competitive Situation and Trends
             12.3.1 Investments & Expansions
             12.3.2 New Product Launches
             12.3.3 Mergers & Acquisitions
             12.3.4 Agreements, Joint Ventures, and Partnerships

13 Company Profiles (Page No. - 143)
(Overview, Financial*, Products & Services, Strategy, and Developments)
     13.1 Amcor Ltd.
     13.2 Becton, Dickinson and Company
     13.3 Aptargroup, Inc.
     13.4 Capsugel Inc.
     13.5 Gerresheimer AG
     13.6 Schott AG
     13.7 Owens-Illinois, Inc.
     13.8 West Pharmaceutical Services, Inc.
     13.9 Berry Plastics Group, Inc.
     13.10 Westrock Company
     13.11 SGD SA
     13.12 Other Market Players

*Details Might Not Be Captured in Case of Unlisted Companies

14 Appendix (Page No. - 178)
     14.1 Knowledge Store: Marketsandmarkets’ Subscription Portal
     14.2 Introducing RT: Real-Time Market Intelligence
     14.3 Available Customizations
     14.4 Related Reports
     14.5 Author Details

List of Tables (94 Tables)

Table 1 Pharmaceutical Packaging Market, By Type
Table 2 Pharmaceutical Packaging Market, By Drug Delivery Mode
Table 3 Pharmaceutical Packaging Market, By Raw Material
Table 4 Pharmaceutical Packaging Market, By Veterinary Vaccines
Table 5 Pharmaceutical Packaging Market Size, By Region, 2014–2021 (USD Billion)
Table 6 Pharmaceutical Packaging Market Size, By Type, 2014–2021 (USD Billion)
Table 7 Pharmaceutical Packaging Market Size, By Packaging Type, 2014–2021 (USD Million)
Table 8 Plastic Bottles Market Size, By Region, 2014–2021 (USD Million)
Table 9 Blister Packaging Market Size, By Region, 2014–2021 (USD Million)
Table 10 Labels & Accessories Market Size, By Region, 2014–2021 (USD Million)
Table 11 Caps & Closures Market Size, By Region, 2014–2021 (USD Million)
Table 12 Medical Specialty Bags Market Size, By Region, 2014–2021 (USD Million)
Table 13 Pre-Fillable Syringes Market Size, By Region, 2014–2021 (USD Million)
Table 14 Temperature Controlled Vaccines/ Medicines Packaging Market Size, By Region, 2014–2021 (USD Million)
Table 15 Pouches & Strip Packs Market Size, By Region, 2014–2021 (USD Million)
Table 16 Ampoules Market Size, By Region, 2014–2021 (USD Million)
Table 17 Vials Market Size, By Region, 2014–2021 (USD Million)
Table 18 Pre-Fillable Inhalers Market Size, By Region, 2014–2021 (USD Million)
Table 19 Medication Tubes Market Size, By Region, 2014–2021 (USD Million)
Table 20 Jars & Canisters Market Size, By Region, 2014–2021 (USD Million)
Table 21 Cartridges Market Size, By Region, 2014–2021 (USD Million)
Table 22 Others Market Size, By Region, 2014–2021 (USD Million)
Table 23 Pharmaceutical Packaging Market Size for Veterinary Vaccines, 2014–2021 (USD Million)
Table 24 Pharmaceutical Packaging Market, By Drug Delivery Mode, 2014–2021 (USD Million)
Table 25 Basic Packaging Material Used in Pharmaceutical Packaging
Table 26 Pharmaceutical Packaging Market Size, By Raw Material, 2014–2021 ( USD Million)
Table 27 Type of Glass Used for Different Packaging
Table 28 Pharmaceutical Packaging Market Size, By Region, 2014–2021 (USD Billion)
Table 29 Pharmaceutical Packaging Market Size in Veterinary Vaccines, By Region, 2014–2021 (USD Million)
Table 30 Pharmaceutical Packaging Market Size in Drug Delivery, By Region, 2014–2021 (USD Billion)
Table 31 Pharmaceutical Packaging Raw Material Market Size, By Region, 2014–2021 (USD Million)
Table 32 North America: Pharmaceutical Packaging Market Size, By Country, 2014–2021 (USD Million )
Table 33 North America: Pharmaceutical Packaging Market Size, By Packaging Type, 2014–2021 (USD Million )
Table 34 North America: Pharmaceutical Packaging Market Size, By Type, 2014–2021 (USD Million )
Table 35 North America: Pharmaceutical Packaging Market Size, By Veterinary Vaccines, 2014–2021 (USD Million)
Table 36 North America: Pharmaceutical Packaging Market Size, By Drug Delivery, 2014–2021 (USD Million)
Table 37 North America: Pharmaceutical Packaging Market Size, By Raw Material, 2014–2021 (USD Million)
Table 38 Macroeconomic Factors of North American Countries
Table 39 U.S.: Pharmaceutical Packaging Market Size, By Type, 2014–2021 (USD Million )
Table 40 Canada: Pharmaceutical Packaging Market Size, By Type, 2014–2021 (USD Million )
Table 41 Mexico: Pharmaceutical Packaging Market Size, By Type, 2014–2021 (USD Million )
Table 42 Europe: Pharmaceutical Packaging Market Size, By Country, 2014–2021 (USD Million )
Table 43 Europe: Pharmaceutical Packaging Market Size, By Packaging Type, 2014–2021 (USD Million )
Table 44 Europe: Pharmaceutical Packaging Market Size, By Type, 2014–2021 (USD Million )
Table 45 Europe: Pharmaceutical Packaging Market Size, By Veterinary Vaccines, 2014–2021 (USD Million)
Table 46 Europe: Pharmaceutical Packaging Market Size, By Drug Delivery, 2014–2021 (USD Million)
Table 47 Europe: Pharmaceutical Packaging Market Size, By Raw Material, 2014–2021 (USD Million)
Table 48 Macroeconomic Indicators of Key European Countries
Table 49 Germany: Pharmaceutical Packaging Market Size, By Type, 2014–2021 (USD Million )
Table 50 U.K.: Pharmaceutical Packaging Market Size, By Type, 2014–2021 (USD Million)
Table 51 France: Pharmaceutical Packaging Market Size, By Type, 2014–2021 (USD Million )
Table 52 Spain: Pharmaceutical Packaging Market Size, By Type, 2014–2021 (USD Million)
Table 53 Italy: Pharmaceutical Packaging Market Size, By Type, 2014–2021 (USD Million )
Table 54 Russia: Pharmaceutical Packaging Market Size, By Type, 2014–2021 (USD Million)
Table 55 Rest of Europe: Pharmaceutical Packaging Market Size, By Type, 2014–2021 (USD Million )
Table 56 Asia-Pacific: Pharmaceutical Packaging Market Size, By Country, 2014–2021 (USD Billion )
Table 57 Asia-Pacific: Pharmaceutical Packaging Market Size, By Packaging Type, 2014–2021 (USD Billion )
Table 58 Asia-Pacific: Pharmaceutical Packaging Market Size, By Type, 2014–2021 (USD Million )
Table 59 Asia-Pacific: Pharmaceutical Packaging Market Size, By Veterinary Vaccines, 2014–2021 (USD Million)
Table 60 Asia-Pacific: Pharmaceutical Packaging Market Size, By Drug Delivery, 2014–2021 (USD Million)
Table 61 Asia-Pacific: Pharmaceutical Packaging Market Size, By Raw Material, 2014–2021 (USD Million)
Table 62 Macroeconomic Factors of Key Asia-Pacific Countries
Table 63 China: Pharmaceutical Packaging Market Size, By Type, 2014–2021 (USD Million)
Table 64 Japan: Pharmaceutical Packaging Market Size, By Type, 2014–2021 (USD Million)
Table 65 India: Pharmaceutical Packaging Market Size, By Type, 2014–2021 (USD Million)
Table 66 South Korea: Pharmaceutical Packaging Market Size, By Type, 2014–2021 (USD Million )
Table 67 Japan: Pharmaceutical Packaging Market Size, By Type, 2014–2021 (USD Million)
Table 68 Rest of Asia-Pacific: Pharmaceutical Packaging Market Size, By Type, 2014–2021 (USD Million )
Table 69 MEA: Pharmaceutical Packaging Market Size, By Country, 2014–2021 (USD Million )
Table 70 MEA: Pharmaceutical Packaging Market Size, By Packaging Type, 2014–2021 (USD Million )
Table 71 MEA: Pharmaceutical Packaging Market Size, By Type, 2014–2021 (USD Million)
Table 72 MEA: Pharmaceutical Packaging Market Size, By Veterinary Vaccines, 2014–2021 (USD Million)
Table 73 MEA: Pharmaceutical Packaging Market Size, By Drug Delivery, 2014–2021 (USD Million)
Table 74 MEA: Pharmaceutical Packaging Market Size, By Raw Material, 2014–2021 (USD Million)
Table 75 Macroeconomic Factors of Key Middle East & African Countries
Table 76 Saudi Arabia: Pharmaceutical Packaging Market Size, By Type, 2014–2021 (USD Million)
Table 77 South Africa: Pharmaceutical Packaging Market Size, By Type, 2014–2021 (USD Million )
Table 78 UAE: Pharmaceutical Packaging Market Size, By Type, 2014–2021 (USD Million )
Table 79 Rest of MEA: Pharmaceutical Packaging Market Size, By Type, 2014–2021 (USD Million )
Table 80 South America: Pharmaceutical Packaging Market Size, By Country, 2014–2021 (USD Million )
Table 81 South America: Pharmaceutical Packaging Market Size, By Packaging Type, 2014–2021 (USD Million )
Table 82 South America: Pharmaceutical Packaging Market Size, By Type, 2014–2021 (USD Million )
Table 83 South America: Pharmaceutical Packaging Market Size, By Veterinary Vaccines, 2014–2021 (USD Million)
Table 84 South America: Pharmaceutical Packaging Market Size, By Drug Delivery, 2014–2021 (USD Million)
Table 85 South America: Pharmaceutical Packaging Market Size, By Raw Material, 2014–2021 (USD Million)
Table 86 Macroeconomic Factors of North American Countries
Table 87 Brazil: Pharmaceutical Packaging Market Size, By Type, 2014–2021 (USD Million)
Table 88 Argentina: Pharmaceutical Packaging Market Size, By Type, 2014–2021 (USD Million )
Table 89 Rest of South America: Pharmaceutical Packaging Market Size, By Type, 2014–2021 (USD Million)
Table 90 Market Ranking
Table 91 Investments & Expansions, 2012–2016
Table 92 New Product Launches, 2012–2016
Table 93 Mergers & Acquisitions, 2012–2016
Table 94 Agreements, Joint Ventures, and Partnerships, 2012–2016

List of Figures (44 Figures)

Figure 1 Pharmaceutical Packaging Market Segmentation
Figure 2 Pharmaceutical Packaging Market: Research Design
Figure 3 Market Size Estimation: Bottom-Up Approach
Figure 4 Market Size Estimation: Top Down Approach
Figure 5 Pharmaceutical Packaging Market: Data Triangulation
Figure 6 Pre-Fillable Syringes is the Fastest-Growing Type in Pharmaceutical Packaging Market During the Forecast Period
Figure 7 Livestock Vaccine Packaging Dominated Pharmaceutical Packaging Market
Figure 8 Oral Drug Delivery Mode Dominated Pharmaceutical Packaging Market in 2015
Figure 9 Asia Pacific to Witness Highest Growth in Pharmaceutical Packaging Market During Forecast Period
Figure 10 Attractive Opportunities in Pharmaceutical Packaging Market Between 2016 and 2021
Figure 11 Plastic Bottles to Account for the Largest Market Share in Pharmaceutical Packaging Market, 2014–2021
Figure 12 North America Accounted for the Largest Share in 2015
Figure 13 Oral Drug Delivery Mode to Dominate the Pharmaceutical Packaging Market
Figure 14 Plastics Accounted for the Largest Share in Pharmaceutical Packaging Market, 2015
Figure 15 Livestock Vaccines to Dominate the Pharmaceutical Packaging Market
Figure 16 Pharmaceutical Packaging Market, By Region
Figure 17 Impact Analysis of Drivers and Restraints
Figure 18 Drivers, Restraints, Opportunities, and Challenges in Pharmaceutical Packaging Market
Figure 19 Pharmaceutical Packaging Market: Value Chain Analysis
Figure 20 Porter’s Five Forces Analysis: Pharmaceutical Packaging Market
Figure 21 Plastic Bottles is the Largest Type in Pharmaceutical Packaging Market
Figure 22 Livestock Vaccines to Be the Largest Segment of Pharmaceutical Packaging Market for Veterinary Vaccines, 2014–2021 (USD Million)
Figure 23 Pharmaceutical Packaging Market, By Drug Delivery Mode
Figure 24 Regional Snapshot: Asia-Pacific to Be the Fastest-Growing Pharmaceutical Packaging Market
Figure 25 North American Market Snapshot: Plastic Bottles Captured the Largest Market Share in 2015
Figure 26 Europe: the Third-Largest Pharmaceutical Packaging Market, 2014–2021 (USD Billion )
Figure 27 Asia-Pacific Pharmaceutical Packaging Market Snapshot: China, Japan, and India are the Most Lucrative Markets
Figure 28 Investments & Expansions Was the Key Growth Strategy Adopted By Leading Companies, 2012–2016
Figure 29 Market Share: Investments & Expansions is the Key Strategy
Figure 30 Amcor Ltd.: Company Snapshot
Figure 31 Amcor Ltd.: SWOT Analysis
Figure 32 Becton, Dickinson and Company: Company Snapshot
Figure 33 Becton, Dickinson and Company: SWOT Analysis
Figure 34 Aptargroup, Inc.: Company Snapshot
Figure 35 Aptargroup, Inc.: SWOT Analysis
Figure 36 Gerresheimer AG: Company Snapshot
Figure 37 Gerresheimer AG: SWOT Analysis
Figure 38 Schott AG: Company Snapshot
Figure 39 Schott AG: SWOT Analysis
Figure 40 Owens-Illinois, Inc.: Company Snapshot
Figure 41 West Pharmaceutical Services, Inc.: Company Snapshot
Figure 42 Berry Plastics Group, Inc.: Company Snapshot
Figure 43 Westrock Company: Company Snapshot
Figure 44 SGD S.A.: Company Snapshot

The pharmaceutical packaging market is projected to reach USD 94.93 Billion by 2021, at a CAGR of 6.4% from 2016 to 2021. The growth of the pharmaceutical packaging market is driven by increasing demand for drug delivery devices and blister packaging, rising demand for improved healthcare services due to growing urbanization in emerging economies, and technological advancements taking place in the field of pharmaceutical packaging.

The plastic bottles type segment accounted for the largest share of the pharmaceutical packaging market in 2015. The growth of this segment can be attributed to ease of production of plastic bottles, wide acceptance of plastic bottles in the pharmaceutical industry, and protection provided by them to medicines from harsh environments, such as snow and moisture, among others. The pre-fillable syringes segment of the pharmaceutical packaging market is projected to grow at the highest CAGR during the forecast period, 2016 to 2021. Pre-fillable syringes are most widely used as they offer efficient and effective delivery of drugs.  Moreover, increase in the number of people suffering from diseases such as diabetes is also a major driving factor for the growth of the pharmaceutical packaging market.

Based on drug delivery, the oral segment is projected to lead the pharmaceutical packaging market during the forecast period. Oral drug delivery mode is widely used to administer drugs through mouth, which proves to be an easy and efficient method of drug administration. The injectables segment of the pharmaceutical packaging market is projected to grow at the highest CAGR during the forecast period. Growing demand for pharmaceutical packaging from emerging economies, innovations in the field of pharmaceutical packaging such as development of nanotechnology, child resistant packaging, radio frequency identification, and others, and increasing use of plastic bottles and blister packaging for pharmaceuticals, owing to their ease of use are the major drivers for the growth of the pharmaceutical packaging market, globally.

The North American region accounted for the largest share of the pharmaceutical packaging market in 2015 and is expected to continue leading the pharmaceutical packaging market during the forecast period as well. The Asia-Pacific pharmaceutical packaging market is projected to grow at the highest CAGR during the forecast period, owing to increasing demand for improved healthcare services in the Asia-Pacific region. Development of new ways to prevent counterfeits of original drugs and financial constraints in underdeveloped regions are posing a challenge for the growth of the pharmaceutical packaging market.

Increasing overall packaging costs, owing to dynamic regulatory measures, and stringent regulations set by various governing bodies on the manufacturing of counterfeit medicines are the major restraints for the growth of the pharmaceutical packaging market. In addition, there is further need for innovations in the pharmaceutical packaging to offer improved services to customers across the globe. Continuous portfolio optimization is important to stay competitive in the pharmaceutical packaging market. As such, market players operating in this market are collaborating with each other to develop new and innovative products, technologies, and manufacturing processes. These collaborations are expected to reduce competition in the pharmaceutical packaging market during the forecast period.

The key players, such as Amcor Ltd. (Australia), Schott AG (Germany), AptarGroup, Inc. (U.S.), Gerresheimer AG (Germany), Becton, Dickinson and Company (U.S.), and Capsugel Inc. (U.S.) operating in the pharmaceutical packaging market have adopted both, organic as well as inorganic growth strategies between 2012 and 2016 to strengthen their position in the market. New product launches, investments, and expansions have been the major organic growth strategies adopted by the market players to enhance their regional presence and meet the growing demand for pharmaceutical packaging in the emerging economies.

To speak to our analyst for a discussion on the above findings, click Speak to Analyst