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Pharmaceutical Packaging Market Gain From Enhanced Demand For Protecting Medicines And Drugs Against Unfavorable External Elements Till 2025: Grand View Research, Inc.

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Pharmaceutical Packaging Market Gain From Enhanced Demand For Protecting Medicines And Drugs Against Unfavorable External Elements Till 2025: Grand View Research, Inc.

August 03
16:20 2017

Grand View Research, Inc. – Market Research And Consulting.
According to the report published by Grand View Research, Global Pharmaceutical Packaging Market size was valued at USD 77.65 billion in 2016. The rise in outsourcing of pharmaceutical manufacturing to emerging economies is expected to open new growth avenues for the market.

Global Pharmaceutical Packaging Market is expected to reach USD 158.8 billion by 2025, according to a new report by Grand View Research, Inc. The growing demand for pharmaceuticals coupled with increased emphasis on product packaging is expected to drive market growth.

Pharmaceutical packaging market comprises wide array of products. The demand for these products is expected to grow rapidly on account of fortification of medicines and drugs against exterior impacts. However, the packaging materials and products need to bear the brunt of stringent government regulations and growing market for counterfeit pharmaceuticals. Counterfeit pharmaceuticals are expected to pose a major threat to manufacturers.

North America is a dominant region in the market backed by thriving pharmaceutical industry and rapid new product introduction. Asia Pacific is anticipated to grow rapidly on account of rising pharmaceutical manufacturing in China and India. The growing trend of contract packaging in the pharmaceutical industry is expected to further augment market growth in Asia Pacific.

Full Research Report on Global Pharmaceutical Packaging Market Analysis:  
http://www.grandviewresearch.com/industry-analysis/pharmaceutical-packaging-market

Germany pharmaceutical packaging market, by material, 2014 – 2025 (USD Billion)

 

Germany pharmaceutical packaging market, by material, 2014 - 2025 (USD Billion)

Further key findings from the report suggest:

  • Aluminum foil material segment is projected to grow at a CAGR of 7.2% from 2017 to 2025 owing to rising demand for packaging of special purpose drugs.
  • Paper and paperboard is the second largest product segment and is expected to reach USD 40.83 billion by 2025 due to growing demand in secondary packaging products.
  • Blister packs in the primary pharmaceutical packaging product category is expected to grow at a CAGR of 9.2% from 2017 to 2025 on account of growing demand in oral drugs.
  • The market share of Asia Pacific is expected to reach 33% in 2025 owing to growing demand for pharmaceuticals and presence of large number of plastic manufacturers
  • The Middle East & Africa region is expected to grow at a CAGR of 5.6% from 2017 to 2025 backed by growing demand for medicines in Tanzania, Nigeria and South Africa.
  • The market is highly dispersed due to the presence of a large number of small and large manufacturers


View more reports of this category by Grand View Research at:
http://www.grandviewresearch.com/industry/pharmaceuticals

Global pharmaceutical packaging market, by end-use, 2016 (%)

 

Global pharmaceutical packaging market, by end-use, 2016 (%)

Grand View Research has segmented the Global Pharmaceutical Packaging Market on the basis of material, product, end-use and region:

Pharmaceutical Packaging Material Outlook (Revenue, USD Billion, 2014 – 2025)

  • Plastics & Polymers
    • HDPE
    • Polyester
    • LDPE
    • PVC
  • Paper & Paperboard
  • Glass
  • Aluminum Foil
  • Others

Pharmaceutical Packaging Product Outlook (Revenue, USD Billion, 2014 – 2025)

  • Primary Packaging
    • Plastic Bottles
    • Caps & Closures
    • Parenteral Containers
    • Blister Packs
    • Prefillable Inhalers
    • Pouches
    • Medication Tubes
    • Others
  • Secondary Packaging
    • Prescription Containers
    • Pharmaceutical Packaging Accessories
  • Tertiary Packaging

Pharmaceutical Packaging End-use Outlook (Revenue, USD Billion, 2014 – 2025)

  • Pharmaceutical Manufacturing
  • Contract Packaging
  • Retail Pharmacy
  • Institutional Pharmacy
  • Others

Pharmaceutical Packaging Regional Outlook (Revenue, USD Billion, 2014 – 2025)

  • North America
    • U.S.
  • Europe
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
  • Central & South Africa
    • Brazil
  • Middle East & Africa


View Blog On This Report by Grand View Research:
http://www.grandviewresearch.com/press-release/global-pharmaceutical-packaging-market  

About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials, and healthcare.

For more Information visit: www.grandviewresearch.com

Media Contact
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
Email: Send Email
Phone: 1-415-349-0058, Toll Free: 1-888-202-9519
Address:28 2nd Street, Suite 3036
City: San Francisco
State: California
Country: United States
Website: http://www.grandviewresearch.com/industry-analysis/pharmaceutical-packaging-market

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