#Pharmaceuticals Packaging

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[creativeera]

Rising Demand for Sustainable Solutions: The Growth and Impact of the Disappearing Packaging Market

The global disappearing packaging market is a rapidly growing industry centered around environmentally friendly packaging materials designed to dissolve, disintegrate or disappear upon use or disposal. This innovative type of packaging offers solutions to traditional waste management problems by removing the need for subsequent disposal. Made from organic compounds like starches, proteins or polyvinyl alcohol, disappearing packaging provides an alternative to single-use plastics that clog landfills and pollute the environment for centuries. Common applications include food casings, pouches, wrap, cups and straws made to safely degrade without trace when exposed to water or moisture.

The Disappearing Packaging Market is estimated to be valued at USD 4.26 Bn in 2024 and is expected to reach USD 8.96 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 11.2% from 2024 to 2031.

Key Takeaways

Key players operating in the Disappearing Packaging Marketare Kuraray Co. Ltd., Aicello Corporation, Aquapak Polymer Ltd, Lactips, Notpla Ltd, GM& Packaging, Lithey, Mondi Group, The Mend Packaging, and Reckitt. Kuraray Co. Ltd. is a leading supplier of biodegradable polymers for disappearing packaging.

The growing demand for sustainable packaging solutions is a major driver for the Disappearing Packaging Market Growthindustry. Stricter regulations prohibiting single-use plastics along with changing consumer preferences are boosting demand for eco-friendly alternatives. Rapid growth of the food and beverage industry along with online food delivery services require more efficient packaging, generating opportunities for disappearing material innovations.

Global expansion is allowing market leaders to capture demand worldwide. Companies are investing in R&D to develop new material types and expanding manufacturing facilities globally. Partnerships with multinational brands are helping to scale production and distribution networks. Supply partnerships in emerging economies are enabling availability of disappearing packaging products in high-growth potential markets.

Market Key Trends

Water-soluble materials are gaining popularity in the disappearing packaging trend. New polymer formulations are being designed and tested that can fully dissolve in water, eliminating microplastics released by decomposition. This includes edible films for food and pharmaceutical products. Water solubility allows for disposal through sewer systems, improving sustainability. Another key trend is multifunctional materials that provide barrier protection comparable to traditional plastics but with disappearing capabilities. Advances like these are driving wider commercial adoption and market growth of the disappearing packaging industry over the coming decade.

Porter's Analysis

Threat of new entrants: New entrants face high capital requirements and will also find it difficult to compete with existing large players in the market.

Bargaining power of buyers: Buyers have moderate bargaining power as there are many options available in the market. However, demand for sustainability is increasing buyers' power.

Bargaining power of suppliers: Suppliers of raw materials have lower bargaining power due to availability of substitute materials. However, suppliers of speciality materials may enjoy some bargaining power.

Threat of new substitutes: Threat of substitutes is moderate as there are no direct substitutes but more sustainable packaging options continue to emerge.

Competitive rivalry: Intense as major players compete on sustainability, cost and quality.

Geographical Regions

North America currently dominates the disappearing packaging market in terms of value due to stringent regulations and growing consumer demand for sustainable packaging options.

The Asia Pacific region is expected to witness the fastest growth in the disappearing packaging market during the forecast period. Expanding e-commerce sector, growing middle-class population and increasing environmental awareness are driving the market in the region.

Get more insights on Disappearing Packaging Market

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Vaagisha brings over three years of expertise as a content editor in the market research domain. Originally a creative writer, she discovered her passion for editing, combining her flair for writing with a meticulous eye for detail. Her ability to craft and refine compelling content makes her an invaluable asset in delivering polished and engaging write-ups.

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[pocketramblr]

Ask Game AU: Where Nao grow suspicious of her husbands "friend" and his constant need to involve himself in their lives so she does her own investigation of the man.

1- Nao was glad, at first, that Kotaro was befriending people at work. He's always been slow to trust. With this friend, though, he wasn't. Kotaro ended up working later, and when he wasn't, going out to dinner or drinks with his coworker. Nao didn't want to bring anything up, didn't want to discourage him, and it wasn't like she had been abandoned to watch Hana all day by herself- her parents were there, and Kotaro wasn't out every single night. Just a lot of them.

2- Still, she doesn't say anything, until one night, Kotaro is back and in bed next to her, only a bit of wine left on his lips, when he brings up trying for a second child. She stares at him, and he withdraws, but she tells him it wasn't a bad thing- just, she had no idea he was thinking about it. They were both only children, and Kotaro had spent some years in a home with many other kids and didn't speak fondly of the experience. Kotaro tells her his friend brought it up, is all, and Nao nods, but is more worried.

3- Kotaro's office is hardly difficult to find things in. She discovers that he was the one to hire his friend, which she notes is weird, because he never mentions that detail. The address on record for him doesn't seem to be a place someone lives. The numbers on his bank account are... fine. But she doesn't find any trace of him online. She asks a few questions to Kotaro here and there, what his friends qualifications were, where he went to school. He's not even found there, on any list of graduates or alum forums. It's odd. but maybe he is just very private.

4- Hana brings up having a little sibling. Nao asks her if her father said anything, and she says no, they had a substitute teacher that day who'd told some stories and said he used to have a little brother. When Kotaro comes home late from work, he's unaware of what his daughter said when Nao asks if he's been thinking about it still. He says he has, and she says she still doesn't know. Two kids after all is a lot of work. and he's not home very often anymore.

5- Nao looks at the package of pills, the last row of seven, and opens her next box instead. She's done it before, once, for a vacation to the beach. She'd spotted a little then, but this time its more. Her birth control's been tampered with. Kotaro couldn't have done it, she'd just gotten the new box the day before she'd opened it and what'd he know anyway about it? What had that pharmacist looked like? Perhaps it was a defect, something she should notify the manufacturer about. She resolves to do so. Kotaro doesn't eat dinner with them that night, and when she asks how it went, he tells her that his friend told him such a funny story about his little brother, listen, he'll tell her and she'll laugh. She asks about the brother, Kotaro goes quiet and says his friend talked about him in the past tense. He's got enough dead family of his own to not press more than that. But really, the story was funny. Nao thinks about Hana's substitute- but clearly, Kotaro's friend was at work that day, must be another coincidence. In a line of many bad ones. Kotaro asks her if she'd like a second child. Nao thinks she might have, before all this. Now, she isn't sure what she'd like. Instead, she tells him that he barely sees Hana. is he really sure that he wants another kid? Kotaro goes quiet again, realizes she's right. He offers to take the next day off. Nao tells him she just wants him home on time for dinner.

+1- Kotaro agrees, and the next day Nao's parents watch Hana for an hour while she meets with her friend Shirota Akiho at the park. Akiho gives Nao a hug, and an unopened box of birth control. She tells her that her sister Beru's bridal shower is in a few weeks, and she can give her another box then. She agrees everything sounds weird- but Kotaro probably isn't to blame. Nao goes home. Kotaro on time for dinner that day. But he realizes when he reacts to Hana telling him she is playing heroes before bed (and Nao and Hana react to his reaction) that maybe he should spend more time at home before welcoming someone else into it.

[prafuljain]

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[ruimingyang-xjtsprayer]

Attending the CPHI exhibition was a truly inspiring experience.

Attending the CPHI exhibition was a truly inspiring experience. It brought together leaders from the pharmaceutical industry, providing a unique opportunity for the strong to elevate each other. During the event, I had the chance to meet a prominent industry peer, a recognized leader in the field. I expressed my admiration by saying, "You are at the forefront of our industry, creating significant value for society." To this, they responded, "You are the future. You drive the progress of our industry."

Such exchanges highlight the essence of CPHI, where mutual respect and recognition among industry leaders foster a spirit of cooperation and growth. This platform allows us to appreciate each other's efforts and achievements, creating a virtuous cycle that benefits the entire industry. The appreciation and acknowledgment from peers reinforce our commitment to innovation and excellence.

The CPHI exhibition underscores the idea that strong players in the industry inspire and push each other to greater heights. This mutual admiration and support are crucial for the continuous advancement of the pharmaceutical sector. It's a reminder that healthy competition, driven by the goal of enhancing human life, is not only beneficial but essential.

Reflecting on the insights and inspirations gained from the event, we are more determined than ever to forge ahead and shape the future of our industry. The CPHI exhibition has shown that when leaders come together, recognizing and valuing each other's contributions, we create an environment where everyone thrives. This is the true essence of fostering a better future for humanity through positive and constructive competition.

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Ruiming Yang

Xinjitai Pte. Ltd. (Singapore)

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Website:  www.xjtsprayer.com

Address: 234 Jalan Eunos, Euhabitat, Singapore 415865

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Silica Gel Canister

Silica gel is filled in small HDPE containers suitable to fit inside any smallest bottle or container. These small containers have a much higher ability to eliminate moisture from the packaging and retain the product's integrity for longer.

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[delvens-blog]

The global market for Pharmaceutical Packaging is expected to reach $122.6 billion by 2030 from $109.4 billion in 2022, registering impressive expansion at a compound annual growth rate (CAGR) of 6.7%. Some of the major players are Amcor Ltd., Becton, Dickinson, Aptargroup, Inc., Capsugel Inc., Gerresheimer AG, Schott AG, Terumo Corporation, WEST Pharmaceutical Services, Inc., Berry Plastics Group, Inc., Westrock Company, SGD SA, Comar LLC, International Paper Company, Owens Illinois Inc., Aptar Group Inc.

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Say goodbye to waste and hello to sustainable, efficient packaging with Imperial Oilfield Chemicals Pvt. Ltd.

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Custom Pharma Boxes - Pharmaceutical Packaging Solution

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[rkingresearch]

Pharmaceutical Packaging Market Size, Value, Report 2022-2028

The Global Pharmaceutical Packaging Market Size was valued at USD 90.2 billion in 2021. The market is projected to grow by USD 144.2 billion in 2028, at a CAGR of 8.9%.

The global Pharmaceutical Packaging market research gives a detailed and practical analysis of the products and services in this market which provides a competitive advantage to the existing and new businesses. In depth study and overview of the market has been collected by the overall insight of the industry and specifies the market segmentation, potential opportunities, growing market trends and events, current and future advancements, and other elements. This report will also showcase many possibilities of upscaling the global Pharmaceutical Packaging market share size.

Get a Sample PDF of Report - https://www.extrapolate.com/sample/Healthcare-Medical-Devices-Biotechnology/pharmaceutical-packaging-market/21601

The competitive landscape of Pharmaceutical Packaging market includes major players such as:

 The report includes all key points related to the most important determinants of Pharmaceutical Packaging industry’s growth. This research looks closely at the market competition, product development trends, and sale prospects such as evolutions of consumer behavior, current market need, client preferences, and changing needs and demand. Furthermore, the report discusses its prominent players, along with their new entrants, influential players and much more.

The Pharmaceutical Packaging market analysis will help companies identify potential development areas and create strategies to take advantage of emerging opportunities. It analyzes the current competitive environment in addition to offering key details like market statistics and product releases from leading companies in this industry. This industry is characterized in terms of market size, market coverage, market exchange rate, segmentation, and market share.

Inquire Before Buying This Research Report: https://www.extrapolate.com/enquire/Healthcare-Medical-Devices-Biotechnology/pharmaceutical-packaging-market/21601

The Pharmaceutical Packaging market is segmented by types into:

SEGMENTATION:-

 By Material

  By Product Type

 By Drug Delivery

 By Packaging Type

By Region

 Detailed analysis of applications and customers that use the services provided by the Pharmaceutical Packaging market is also discussed in the report. Similarly, it provides information about its key competitors and their footprints according to the respective regions. Along with it, the study will cover company portfolios, Pharmaceutical Packaging market growth opportunities, obstacles, collaborations, mergers and acquisitions.

Moreover, it provides a quick summary of the Pharmaceutical Packaging global market developments for the estimated period of time which will ultimately provide ideas to businesses in terms of working and processes of the Pharmaceutical Packaging market. This research has been generated based on the historical data and future possibilities of the market. The overall industry scale of the market has been studied from the global perspective by utilizing multiple research methodologies such as Porter’s five forces model, SWOT and PESTEL analysis.

Detailed TOC of Global Pharmaceutical Packaging Market @ https://www.extrapolate.com/toc/Healthcare-Medical-Devices-Biotechnology/pharmaceutical-packaging-market/21601

TABLE OF CONTENTS:-

1. Executive Summary

2. Research Methodology

3. Market Outlook

4. COVID-19 Impact On Pharmaceutical Packaging Market

5. Global Pharmaceutical Packaging Market Overview, By Material, 2015 - 2028(USD Million)

6. Global Pharmaceutical Packaging Market Overview, By Product Type, 2015 - 2028(USD Million)

7. Global Pharmaceutical Packaging Market Overview, By Drug Delivery, 2015 - 2028(USD Million)

8. Global Pharmaceutical Packaging Market Overview, By Packaging Type, 2015 - 2028(USD Million)

9. Global Pharmaceutical Packaging Market Overview, By Geography, 2015 - 2028(USD Million)

10. North America Pharmaceutical Packaging Market Overview, By Countries, 2015 - 2028(USD Million)

About Us

Extrapolate is a global market research and content services firm that works closely with clients in various industries to improve market position, increase returns on marketing investments, and define and implement strategies that get real results.

In an era of breakneck change and a low tolerance for missed or misread opportunities, businesses need astute guidance to shape markets-not merely respond to them. Extrapolate helps clients develop market perspectives that drive commercial success.

Contact Us:

Extrapolate Phone: (+1) 888 328 2189 E-mail: talk@extrapolate.com Website: https://www.extrapolate.com

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[global-research-report]

Revolutionizing Medicine Delivery: The Role of Cutting-Edge Pharmaceutical Packaging

Pharmaceutical Packaging Industry Overview

The global pharmaceutical packaging market size is expected to reach USD 265.70 billion by 2030, registering a CAGR of 9.7% from 2024 to 2030, according to a new report by Grand View Research, Inc., The increasing prevalence of chronic diseases coupled with the growth of the pharmaceutical industry is anticipated to augment the consumption of pharmaceutical packaging products.

Ban on counterfeit products in North America and Europe is expected to be a major driver for the market as major companies are likely to invest heavily in anti-counterfeit packaging products. Blow-Fill-Seal (BFS) technology allows customized design for high-quality containers with tamper-evident closures in multiple shapes and sizes. Therefore, the growing demand for anti-counterfeiting packaging along with the advent of technology is likely to support the growth of tamper-evident pharmaceutical packaging.

Companies are focusing on using sustainable materials for packaging owing to the rising concerns about the generation of packaging waste that is difficult to degrade. Bioplastic is likely to gain traction in the market as it is derived from renewable plant-based sources and is biodegradable unlike plastics and polymers derived from fossil fuels. In May 2022, SGD Pharma has launched the industry’s first Ready-to-Use sterile 100 ml molded glass vials. It is manufactured with SG EZ-fill packaging technology. Such novel sustainable packaging solutions are expected to boost the growth of the market.

Gather more insights about the market drivers, restrains and growth of the Pharmaceutical Packaging Market

Pharmaceutical manufacturers are likely to prefer blister packaging for tablets and capsules as these are more sustainable with minimal usage of packaging material as compared to rigid bottles. In addition, the transparency of blister packs provides a clear product display and provides tamper-resistant features. The outbreak of COVID-19 has significantly increased the demand for various pharmaceutical drugs across the world, thereby propelling the demand for pharmaceutical manufacturing and packaging. Rapid development and production of the vaccine in the year 2020 are anticipated to increase pharmaceutical manufacturing considerably, primarily benefitting the manufacturers of packaging vials in the near future.

Market players have been trying to increase their production capabilities as well as expand their geographic reach. In addition, companies are introducing and investing in high-tech packaging solutions in the changing environment. For instance, In April 2021, Amcor plc announced the development of recyclable Polyethylene-based thermoform blister packaging under the brand name AmSky. The development is aimed at sustainable packaging that can reduce carbon footprint. The product is expected to reduce carbon footprint up to 70%. Companies are expected to invest significantly in such developments in the coming years to strengthen their market position.

Browse through Grand View Research's Plastics, Polymers & Resins Industry Research Reports.

The global polytetrafluoroethylene market size was valued at USD 3.63 billion in 2023 and is projected to grow at a CAGR of 5.5% from 2024 to 2030.

The global medical grade silicone market size was valued at USD 601.7 million in 2024 and is expected to register a CAGR of 7.4% from 2025 to 2030.

Pharmaceutical Packaging Market Segmentation

Grand View Research has segmented the pharmaceutical packaging market on the basis of on material, product, drug delivery mode, end-use, and region:

Pharmaceutical Packaging Material Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

Plastics & Polymers

Polyvinyl Chloride (PVC)

Polypropylene (PP)

Homo

Random

Polyethylene Terephthalate (PET)

Polyethylene (PE)

HDPE

LDPE

LLDPE

Polystyrene (PS)

Others

Paper & Paperboard

Glass

Aluminium Foil

Others

Pharmaceutical Packaging Product Outlook (Revenue, USD Million, 2018 - 2030)

Primary

Plastic Bottles

Caps & Closures

Parenteral Containers

Syringes

Vials & Ampoules

Others

Blister Packs

Prefillable Inhalers

Pouches

Medication Tubes

Others

Secondary

Prescription Containers

Pharmaceutical Packaging Accessories

Tertiary

Pharmaceutical Packaging Drug Delivery Mode Outlook (Revenue, USD Million, 2018 - 2030)

Oral Drugs

Injectables

Topical

Ocular/ Ophthalmic

Nasal

Pulmonary

Transdermal

IV Drugs

Others

Pharmaceutical Packaging End-use Outlook (Revenue, USD Million, 2018 - 2030)

Pharma Manufacturing

Contract Packaging

Retail Pharmacy

Institutional Pharmacy

Pharmaceutical Packaging Regional Outlook (Revenue, USD Million, 2018 - 2030)

North America

US

Canada

Mexico

Europe

Germany

UK

France

Italy

Spain

Russia

Turkey

Asia Pacific

China

India

Japan

South Korea

Australia

Southeast Asia

Central & South America

Brazil

Argentina

Middle East & Africa

Saudi Arabia

UAE

South Africa

Egypt

Key Companies profiled:

Amcor plc

Becton, Dickinson, and Company

AptarGroup, Inc.

Drug Plastics Group

Gerresheimer AG

Schott AG

Owens Illinois, Inc.

West Pharmaceutical Services, Inc.

Berry Global, Inc.

WestRock Company

SGD Pharma

International Paper

Comar, LLC

Key Pharmaceutical Packaging Company Insights

The global market is highly competitive owing to the presence of numerous players across the globe. Moreover, key players are consolidating their market positions mainly by acquisitions, which is further intensifying the competition.

In November 2023, Amcor Plc, a renowned global company known for its development and production of environmentally conscious packaging solutions, revealed a Memorandum of Understanding (MOU) with NOVA Chemicals Corporate, a leading producer of sustainable polyethylene. The agreement includes the procurement of mechanically recycled polyethylene resin (rPE) from NOVA Chemicals Corporate, which will be utilized in the production of flexible packaging films. This initiative aligns with Amcor's dedication to promoting packaging circularity by increasing the utilization of rPE in flexible packaging applications.

In July 2023, Constantia Flexibles introduced a new pharmaceutical packaging solution called REGULA CIRC, which utilizes coldform foil. The packaging replaces conventional PVC with a PE sealing layer, resulting in a reduction in plastic content while increasing the proportion of aluminum. This optimization not only enhances the sustainability of the packaging but also improves material recovery during recycling processes.

In April 2023, Südpack introduced its PharmaGuard blister, a polypropylene-based blister packaging. This new product offers an outstanding water vapor barrier along with effective barrier resistance against UV and oxygen.

 

Order a free sample PDF of the Pharmaceutical Packaging Market Intelligence Study, published by Grand View Research.

[waledxman123]

Pfizer and Tilray: Contrasting Stock Movements Spark Investor Interest

The financial and investment landscape recently spotlighted significant developments in the stock movements of Pfizer Inc. (NYSE:PFE) and Tilray Brands Inc. (NASDAQ:TLRY). These activities have shed light on the evolving dynamics in the pharmaceutical and cannabis industries, drawing attention from institutional and individual investors alike.

Pfizer: A Mixed Bag of Investor Sentiment

Acquisition by Rep. Laurel M. Lee Rep. Laurel M. Lee disclosed a recent acquisition of Pfizer stock, signaling confidence in the pharmaceutical giant’s long-term prospects. Pfizer, a household name due to its role in combatting COVID-19, continues to leverage its expansive portfolio beyond vaccines. Current endeavors focus on oncology, rare diseases, and innovations in antiviral treatments. This move by Lee highlights a potential faith in Pfizer’s strategic pivots and innovation-focused future, despite recent challenges in revenue growth​

read more in google news

3. Pfizer’s Broader Challenges Despite these contrasting stock activities, Pfizer’s fundamentals remain strong. With a robust pipeline of drugs, the company is poised to capitalize on innovations in gene therapy and precision medicine. Additionally, its strategic acquisitions aim to offset losses from expiring patents. However, the road to sustained growth appears challenging, given the current macroeconomic environment and evolving healthcare demands.

read more in google news

Tilray: Strategic Diversification Amid Industry Volatility

Tilray’s Stock Performance Tilray Brands, a global leader in cannabis and consumer-packaged goods, has witnessed significant investor interest due to its strategic initiatives. The company’s stock has been influenced by its aggressive expansion into non-cannabis sectors, including beverages and wellness products. These moves reflect Tilray’s efforts to weather the volatility of the cannabis market and regulatory hurdles in the United States and beyondough Diversification** Tilray’s ability to adapt has been pivotal. The company has strengthened its foothold by acquiring prominent beverage brands and expanding into THC and CBD-infused products. Its partnerships across North America and Europe underscore its vision for long-term growth in a market where legalization trends are gaining momentum. Tilray’s performance has also been bolstered by its entry into consumer-packaged goods, providing a hedge against the slower-than-expected legalization of recreational cannabis in the U.S. .

3. Industrynges Despite these efforts, Tilray faces headwinds. Oversupply issues in the cannabis market, fluctuating product prices, and fragmented regulations remain significant barriers. While the company is capitalizing on its international footprint, the U.S. remains a critical market for future growth. Investors are closely monitoring developments in federal legalization efforts, which could provide a substantial tailwind for Tilray’s ambitions.

read more in google news

Investor Takeaways: Contrasting Dynamics in Key Sectors

The contrasting approaches to Pfizer and Tilray stocks highlight broader themes in their respective industries:

Pharmaceuticals: Pfizer’s stock movements reflect both optimism about its innovative pipeline and concerns about its near-term revenue challenges. The company’s ability to execute its post-pandemic strategy will be critical to regaining investor confidence.

Cannabis: Tilray’s story underscores the importance of strategic diversification and adaptability in a nascent yet volatile industry. While challenges persist, the company’s proactive steps toward market expansion position it well for future growth.

These developments underscore the complexity of investing in dynamic, highly regulated sectors where innovation, strategy, and market sentiment intersect.

[marketresreasrch]

Pharmaceutical Contract Packaging Market: Industry Insights and Future Projections for 2022–2030

Pharmaceutical Contract Packaging Market Overview

The global Pharmaceutical Contract Packaging Market Size was valued at USD 13.02 Billion in 2021 and is projected to reach from USD XX Billion billion in 2022 to USD 31.21 Billion by 2030, growing at a CAGR of 10.2% during the forecast period.

Get a Free Sample Research Report: https://straitsresearch.com/report/pharmaceutical-contract-packaging-market/request-sample 

Pharmaceutical Contract Packaging Market Report Scope and Research Methodology

The scope of this report encompasses a comprehensive analysis of Pharmaceutical Contract Packaging Market, focusing on the key trends, challenges, and opportunities that are shaping its future. Through a combination of primary and secondary research methodologies, this study incorporates data gathered from industry experts, market surveys, and relevant academic sources. A detailed examination of both qualitative and quantitative data has been conducted to ensure a well-rounded understanding of the subject. The research methodology involved extensive market analysis, expert interviews, and the review of relevant literature, ensuring the report delivers valuable insights for stakeholders looking to stay ahead in the Pharmaceutical Contract Packaging Market .

To buy the research report : https://straitsresearch.com/buy-now/pharmaceutical-contract-packaging-market 

Pharmaceutical Contract Packaging Market Regional Insights

The Pharmaceutical Contract Packaging Market  report provides in-depth regional insights, highlighting key developments, market dynamics, and growth opportunities across various geographic areas. It examines how regional factors such as economic conditions, consumer behavior, regulatory changes, and technological advancements are influencing market trends. By offering a comprehensive breakdown of each region’s performance, the study enables stakeholders to understand regional variations and identify areas with the highest potential for growth. This detailed analysis serves as a strategic guide for businesses and investors seeking to optimize their approach to regional markets and make informed decisions for future expansion.

Pharmaceutical Contract Packaging Market Segmentation

By Service

Primary

Secondary

Tertiary

Pharmaceutical Contract Packaging Market Key Players

Ropack Inc

Sharp (UDG Healthcare)

Reed-Lane Inc

PCI Pharma Services

UNICEP Packaging LLC MPH Co-Packing

Tjaopak

SternMaid GmbH

Variopack Lohnfertigungen GmbH

CentralPharma

Tripak Pharmaceuticals

Jam Jams

Asiapack Limited (Elanders Group)

Finishing Services.

Browse Detailed Summary of Research Report with TOC: https://straitsresearch.com/report/pharmaceutical-contract-packaging-market/toc  

Key questions answered in the Pharmaceutical Contract Packaging Market are:

What are the upcoming industry applications and trends for the Pharmaceutical Contract Packaging Market?

What segments are covered in the Pharmaceutical Contract Packaging Market?

Who are the leading companies and what are their portfolios in Pharmaceutical Contract Packaging Market? 

What segments are covered in the Pharmaceutical Contract Packaging Market?

Who are the key players in the Pharmaceutical Contract Packaging Market?

Contact US : 

sales@straitsresearch.com    

Get More Related Press Release : 

https://www.femaleseniordating.com/blogs/9910/Ayurvedic-Toothpaste-Market-Expansion-Opportunities-and-Market-Dynamics-Through-2030

[industrynewsupdates]

Pharmaceutical Packaging Market Trends, Opportunities, and Challenges 2024 - 2030

The global pharmaceutical packaging market was valued at USD 139.37 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 9.7% from 2024 to 2030. A key driver of this growth is the substantial expansion of the pharmaceutical sector itself. In recent years, the pharmaceutical industry has experienced rapid growth, fueled by continuous advancements in science and technology. This upward trend is expected to persist throughout the forecast period, especially in developing countries such as China, India, Saudi Arabia, and Brazil, where the healthcare infrastructure and pharmaceutical demand are expanding quickly.

The United States is the largest pharmaceutical market in the world. Several factors contribute to this dominance, including the size of the healthcare system, high per capita income, and substantial investments in drug development within the country. These elements collectively drive the growth of the pharmaceutical sector in the U.S. Additionally, the increasing importance of generic drugs and broader access to better healthcare services are expected to create further growth opportunities for pharmaceutical packaging in the coming years.

A significant piece of legislation, the 21st Century Cures Act, was signed into law in the U.S. on December 13, 2016. This act is designed to expedite the development of medical products, including pharmaceutical drugs, by enhancing the approval process and encouraging innovation in the industry. The implementation of the Cures Act is expected to spur new developments in pharmaceutical products, which will, in turn, drive the demand for pharmaceutical packaging in the U.S. market. These factors collectively indicate a continued growth trajectory for the pharmaceutical packaging industry, especially in key markets such as the U.S.

Gather more insights about the market drivers, restrains and growth of the Pharmaceutical Packaging Market

Regional Insights

North America

North America dominated the pharmaceutical packaging market with a revenue share of 35.9% in 2023. The largest end-use segment in the region was pharma manufacturing, which includes in-house production of pharmaceutical products. The presence of a substantial number of pharmaceutical plastic bottle manufacturers in the U.S., such as AptarGroup Inc., Gerresheimer AG, Amcor Ltd., and Berry Plastics Group, Inc., is expected to have a positive impact on the demand for pharmaceutical plastic bottles over the forecast period. These companies play a critical role in supplying the packaging materials required for pharmaceutical products, further driving market growth.

Asia Pacific

The Asia Pacific region is anticipated to register the fastest CAGR of over 12% from 2024 to 2030. This growth is driven by increasing health awareness among consumers, particularly in developing countries such as China and India, and rising disposable income levels. As a result, the demand for pharmaceuticals is expected to grow, which will in turn boost the need for pharmaceutical packaging solutions. In 2020, China led the Asia Pacific market and is expected to maintain this position due to government initiatives like Healthy China 2020, as well as a growing aging population and expanding contract-manufacturing activities. These factors contribute to the increasing demand for pharmaceutical packaging in the region.

Europe

In Europe, the pharmaceutical packaging market is expected to experience significant growth due to rising research and development (R&D) activities and the continuous introduction of new medicines aimed at improving patient health and quality of life. Companies such as BioNTech SE and CureVac in Europe have made notable achievements, particularly with their successful vaccine development in 2020. These successes have attracted further investments into the biotech industry in countries like Germany, Russia, and the U.K., propelling the growth of pharmaceutical packaging in the region.

The Saudi Arabian pharmaceutical packaging market is one of the major players in the Middle East & Africa region. International pharmaceutical companies are recognizing the potential of the Middle Eastern and North African (MENA) market. For example, Sanofi is a leading player in Morocco, and GlaxoSmithKline leads the market in Saudi Arabia. In addition, local pharmaceutical companies such as SPIMACO and Hikma from Jordan and Saudi Arabia are aiming to become regional leaders. These developments are expected to drive the demand for various pharmaceutical packaging materials in the region during the forecast period.

Browse through Grand View Research's Plastics, Polymers & Resins Industry Research Reports.

• The global flexible paper packaging market size was estimated at USD 50.35 billion in 2023 and is projected to grow at a CAGR of 4.2% from 2024 to 2030. 

• The global seaweed packaging market size was valued at USD 699.23 million in 2023 and is expected to expand at a CAGR of 6.6% from 2024 to 2030.

Key Companies & Market Share Insights

The global pharmaceutical packaging market is highly competitive, with numerous players competing for market share. To strengthen their positions, key players are increasingly focusing on acquisitions, which is intensifying the competition within the market. These companies directly compete with each other to secure contracts from large pharmaceutical manufacturers. As a result, the level of competitive rivalry in the market is high.

To differentiate themselves in this competitive landscape, companies are focusing on offering value-added services to attract more clients. Common processes employed by packaging manufacturers to enhance their offerings include spray painting, ultraviolet (UV) coating, and metallization to color packaging containers. Additionally, packaging companies are incorporating various anti-counterfeit measures, such as barcodes, holograms, sealing tapes, and radio frequency identification (RFID) technologies to ensure product authenticity and security.

Notable developments in the market include:

• In November 2023, Amcor Plc, a leading global provider of packaging solutions, announced a Memorandum of Understanding (MOU) with NOVA Chemicals Corporate, a producer of sustainable polyethylene. Under the agreement, Amcor will procure mechanically recycled polyethylene resin (rPE) from NOVA Chemicals for use in the production of flexible packaging films. This partnership supports Amcor’s commitment to sustainable packaging by increasing the use of recycled materials, contributing to the circularity of packaging.

• In July 2023, Constantia Flexibles introduced a new pharmaceutical packaging solution called REGULA CIRC, which uses coldform foil. The packaging replaces conventional PVC with a PE sealing layer, resulting in reduced plastic content and a higher proportion of aluminum. This shift not only enhances the sustainability of the packaging but also improves material recovery during the recycling process.

• In April 2023, Südpack launched its PharmaGuard blister, a new polypropylene-based blister packaging. This product is designed to offer an exceptional water vapor barrier and effective resistance to UV light and oxygen, making it suitable for the packaging of sensitive pharmaceutical products that require enhanced protection.

Key Pharmaceutical Packaging Companies:

• Amcor plc

• Becton, Dickinson, and Company

• AptarGroup, Inc.

• Drug Plastics Group

• Gerresheimer AG

• Schott AG

• Owens Illinois, Inc.

• West Pharmaceutical Services, Inc.

• Berry Global, Inc.

• WestRock Company

• SGD Pharma

• International Paper

• Comar, LLC

• CCL Industries, Inc.

• Vetter Pharma International

Order a free sample PDF of the Pharmaceutical Packaging Market Intelligence Study, published by Grand View Research.

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