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Pharmaceutical Packaging Market Share

Report ID: GMI5256
Published Date: Nov 2023
Report Format: PDF

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Pharmaceutical Packaging Market Share

Players in the pharmaceutical packaging industry focus on implementing different growth strategies to strengthen their offerings and expand their market reach. These strategies involve new product developments & launches, partnerships & collaborations, mergers & acquisitions, and customer retention. Many players are also focusing on utilizing Post-Consumer Recycled (PCR) materials for the sustainable development of packaging solutions. These players heavily invest in research & development to introduce innovative solutions in the pharmaceutical packaging industry. Some major players operating in the pharmaceutical packaging industry are:

Amcor plc
Berry Global, Inc.
Catalent, Inc.
Drug Plastics Group
Gerresheimer AG
Schott AG

Authors: Suraj Gujar, Sunita Singh

Frequently Asked Questions (FAQ) :

Market size for pharmaceutical packaging was valued at over USD 110 billion in 2022 and is anticipated to observe over 13% CAGR between 2023 and 2032.

The paper & paperboard segment is anticipated to register over 14% CAGR from 2023 to 2032 as they are sustainable options for pharmaceutical packaging which are recyclable & biodegradable.

North America pharmaceutical packaging market share was over 30% in 2022 and will grow significantly through 2032 owing to the region's substantial investments in drug development, high per capita income, and comprehensive healthcare system.

Amcor plc, Berry Global, Inc., Catalent, Inc., Drug Plastics Group, Gerresheimer AG, and Schott AG.