Packaging is an
art, science and technology of protecting products for distribution, sale,
storage and use. Pharmaceuticals packaging includes packages & packaging
processes for pharmaceutical preparations. Packaging widens the shelf life of
composite pharmaceuticals and also protects them from the microbial
contamination and toxins. It also has various functions from production and the
drug distribution channels for the end consumer.
According to
study, “Global
Pharmaceuticals Packaging Market 2019 by Manufacturers, Regions, Type and
Application, Forecast to 2024” key companies operating in the global pharmaceuticals
packaging market include Gerresheimer AG, ACG, Amcor Ltd., Capsugel Inc., CCL
Industries Inc., Gerresheimer, Becton, Dickinson and Company, DuPont, Schott AG,
Nipro, Avery Dennison Corporation, Owens-Illinois, Inc., Svam Packaging, West
Pharmaceutical Services, Inc., Bilcare, AptarGroup Inc., WestRock Company, Sonoco
Products Company, Westrock Company, Berry Plastics Group, Inc., Datwyler, Bemis
Healthcare, Jal Extrusion, NGPACK, SGD SA.
Based on type,
global pharmaceuticals packaging market is segmented into blister packs (wallet
packs & compartment packs), plastic bottles (plastic dispensing bottles,
plastic cans, standard plastic bottles and plastic jars), caps & closures,
pre-fillable syringes, labels & accessories, plastic bottles, medical
specialty bags, ampoules, temperature controlled vaccines or medicines
packaging, vials, pouches & strip packs, pre-fillable inhalers (dry powder
inhalers & metered dose inhalers), jars & canisters, medication tubes
(all-plastic tubes, composite tubes & collapsible metal tubes), cartridges
and others. Based on veterinary vaccines, market is segmented into livestock
vaccines packaging, canine vaccines packaging, porcine vaccines packaging,
feline vaccines packaging, poultry vaccines packaging, aquaculture vaccines
packaging and equine vaccine packaging.
Based on drug
delivery mode, market is segmented into oral drug delivery packaging,
transdermal drug delivery packaging, pulmonary drug delivery packaging, topical
drug delivery packaging, injectable packaging, ocular drug delivery packaging, nasal
drug delivery packaging and other drugs delivery packaging. The oral drug
delivery mode is extensively used to govern drugs through the mouth, which
proves to be a simple & efficient method of drug administration. Based on
raw material, the market is bifurcated into plastics & polymers (high-density
polyethylene, polypropylene, polyester, polyvinyl chloride and low-density
polyethylene), glass, paper & paperboard, aluminum foil and others. Based
on packaging, market is segmented into flexible packaging, rigid packaging, and
semi-rigid packaging. Based on application, market is segmented as generic
drugs, medical tools & equipment, branded drugs, test kits and nutraceuticals.
In addition, based on the end-use industries, market is segmented as retail
pharmacy, pharmaceutical manufacturing, institutional pharmacy, contract
packaging and others.
The global
pharmaceuticals packaging market is primarily driven by the emerging generic
drug market & fast growing drug delivery market, followed by the advanced
manufacturing processes to develop sustainable & eco-friendly packaging
solutions, increasing product innovations and rising research & development
(R&D) investments to increase the pharmaceutical productions. Apart from the
major benefits, some of the hindering factors include stringent government
regulations & standards and the price volatilities of raw materials. In
addition, advancement in biotechnology area results in preface of new
parenteral therapies & demand for the new packaging products.
The North American
region accounts for the major share of pharmaceutical packaging market over the
forecast period, owing to rise in healthcare programs and increase in health
care spending. Asia Pacific is expected to grow speedily owing to rise in pharmaceutical
manufacturing in countries such as India & China.
For more
information, refer to below link:-
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Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
