Medical Newswire

Medical Newswire!

Medicine, Healthcare, Medical Research, Hospitals, Management
Press release distribution service
Home | Medical-Newswire.Com:

Pharmaceutical Packaging Market worth $111.9 billion by 2024


(, April 19, 2021 ) The report "Pharmaceutical Packaging Market by Type (Plastic Bottles, Blister Packs, Labels & Accessories, Caps & Closures, Pre-filled Syringes, Vials, Ampoules), Raw Material, Drug Delivery Mode (Oral Drugs, Injectables, IV Drugs), Region - Global Forecast to 2024" The pharmaceutical packaging market is projected to grow from USD 83.6 billion in 2019 to USD 111.9 billion by 2024, at a CAGR of 6.0%. Increasing demand for pharmaceutical packaging in emerging economies owing to the growth of the aging population and rise in diseases is propelling the demand for pharmaceutical packaging. In addition, increasing demand for blister packaging and innovations in the field of nanomedicines is also driving the growth of pharmaceutical packaging.

Download PDF brochure of the Report @

Plastic bottles segment is projected to lead the pharmaceutical packaging market during the forecast period.

Based on the type of pharmaceutical packaging, plastic bottles are projected to lead the pharmaceutical packaging market during the forecast period. Plastic bottles are useful for packaging of drugs in the form of liquid, powder, and solid. Additionally, patient convenience during drug consumption and increasing use of oral drug delivery mode are also responsible for widespread use of plastic bottles segment.

Plastic & polymers segment projected to register the highest CAGR during the forecast period.

Based on raw material, plastics & polymers is projected to register the highest CAGR between 2019 and 2024. Plastic & polymers provide dual utility in rigid as well as flexible packaging. Plastic is used widely in rigid pharmaceutical packaging for manufacturing various types of packaging such as bottles, jars, caps & closures. Moreover, plastic is used in combination with metal or paper to form laminations, useful for flexible pharma packaging. The factors mentioned above together increase the consumption of plastics & polymers for pharmaceutical packaging.

Don't miss out on business opportunities in Pharmaceutical Packaging Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow.

Browse in-depth TOC on "Pharmaceutical Packaging Market”
71 - Market Data Tables
40 - Figures
162 - Pages

North America is projected to account for the largest market share in the pharmaceutical packaging market between 2019 and 2024.

The pharmaceutical packaging market in North America has immense growth potential. The increasing government initiatives in the healthcare sector and new drug development has a positive impact on the growth of the pharmaceutical packaging market in the region. Growing aging population increases the risk of chronic diseases and hence fuels the demand for pharmaceuticals and hence pharmaceutical packaging. US, Canada, and Mexico are the key pharmaceutical packaging markets in the region.

Some of the key players in the pharmaceutical packaging market are Berry Global Inc. (US), Amcor plc (Australia), Gerresheimer AG (Germany), Schott AG (Germany) AptarGroup and Inc. (Us). New product development, investment & expansion, and merger & acquisition were the major growth strategies adopted by the market players between 2016 and 2019 to enhance their regional footprint and meet the growing demand for pharmaceutical packaging in the emerging economies.

Get This Report @

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.


Mr. Aashish Mehra


Source: EmailWire.Com


Medical Resources
We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Healthcare resource center today to browse our selection of 600+ complimentary Healthcare magazines, white papers, webinars, podcasts, and more. Get popular titles including:

Eyecare Business
Medical Laboratory Observer

No credit cards, coupons, or promo codes required. Try it today!

Medical Sponsors

Health News

[CaRP] XML error: Mismatched tag at line 52 - This appears to be an HTML webpage, not a feed. is part of GropWeb Network, online properties of GroupWeb Media LLC. Copyright © GroupWeb Media LLC. All Rights Reserved.

For unlimited press release distribution for $99 per month, call (281) 645-4086 or start posting your press releases online at CityRegions.Com is part of GropWeb Network, online properties of GroupWeb Media LLC. Copyright © 2012 GroupWeb Media LLC. All Rights Reserved.

GroupWeb Media Network
AfricaNewswire.Net | AppleNews247.Com | AsiaNewsWire.Net | Aviation-NewsWire | Energy Industry | EstateNewsWire | | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | EuropeNewsWire.Net | | i-Canada-News.Com | | iT-NewsWire.Com
| InvestorsNewsDesk.Com | i-TravelNewsWire.Com | | | | MoneyNewsWire.Net | Movie-Stars-News.Com | PayDayNews247.Com | PharmaNewsWire.Com | Publishing-NewsWire.Com | | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | - Medicl Newswire and Press Release service of GroupWeb Media LLC