Sustainable Pharmaceutical Packaging Trends and Forecast
The future of the global sustainable pharmaceutical packaging market looks promising with opportunities in the recyclable, reusable, and biodegradable markets. The global sustainable pharmaceutical packaging market is expected to reach an estimated $178.4 billion by 2030 with a CAGR of 14.8% from 2024 to 2030. The major drivers for this market are growing consumer demand for recyclable and environmentally friendly materials, rapid expansion of biopharmaceuticals and generics markets, and government initiatives for environmentally friendly packaging.Sustainable Pharmaceutical Packaging by Segment
The study includes a forecast for the global sustainable pharmaceutical packaging by product type, material, process, packaging type, and region.Sustainable Pharmaceutical Packaging Market by Product Type [Shipment Analysis by Value from 2018 to 2030]
- Plastic Bottles
- Blister
- Labels & Accessories
- Caps & Closures
- Pre-Filled Syringes
- Medical Specialty Bags
- Vials
- Pouches & Strip Packs
- Others
Sustainable Pharmaceutical Packaging Market by Material [Shipment Analysis by Value from 2018 to 2030]
- Plastics
- Paper & Paperboard
- Glass
- Metal
- Others
Sustainable Pharmaceutical Packaging Market by Process [Shipment Analysis by Value from 2018 to 2030]
- Recyclable
- Reusable
- Biodegradable
Sustainable Pharmaceutical Packaging Market by Packaging Type [Shipment Analysis by Value from 2018 to 2030]
- Primary Packaging
- Secondary Packaging
Sustainable Pharmaceutical Packaging Market by Region [Shipment Analysis by Value from 2018 to 2030]
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Sustainable Pharmaceutical Packaging Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies sustainable pharmaceutical packaging companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the sustainable pharmaceutical packaging companies profiled in this report include-- Schott
- Amcor
- Aptar Group
- West Pharmaceutical Services
- Berry Global
- Gerresheimer
- Catalent
- WestRock
- Sealed Air
- Nipro
Sustainable Pharmaceutical Packaging Market Insights
The publisher forecasts that plastic is expected to witness the highest growth over the forecast period because plastics can be easily formed, possess high quality, are cost-effective, and provide excellent barrier properties and freedom of design.APAC is expected to witness highest growth over the forecast period due to the growing emphasis on environmental preservation and sustainability combined with the region's pharmaceutical industry's explosive expansion.
Features of the Global Sustainable Pharmaceutical Packaging Market
- Market Size Estimates: Sustainable pharmaceutical packaging market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Sustainable pharmaceutical packaging market size by product type, material, process, packaging type, and region in terms of value ($B).
- Regional Analysis: Sustainable pharmaceutical packaging market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different product type, material, process, packaging type, and regions for the sustainable pharmaceutical packaging market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the sustainable pharmaceutical packaging market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the sustainable pharmaceutical packaging market size?Answer: The global sustainable pharmaceutical packaging market is expected to reach an estimated $178.4 billion by 2030.
Q2. What is the growth forecast for sustainable pharmaceutical packaging market?
Answer: The global sustainable pharmaceutical packaging market is expected to grow with a CAGR of 14.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the sustainable pharmaceutical packaging market?
Answer: The major drivers for this market are growing consumer demand for recyclable and environmentally friendly materials, rapid expansion of biopharmaceuticals and generics markets, and government initiatives for environmentally friendly packaging.
Q4. What are the major segments for sustainable pharmaceutical packaging market?
Answer: The future of the global sustainable pharmaceutical packaging market looks promising with opportunities in the recyclable, reusable, and biodegradable markets.
Q5. Who are the key sustainable pharmaceutical packaging market companies?
Answer: Some of the key sustainable pharmaceutical packaging companies are as follows:
- Schott
- Amcor
- Aptar Group
- West Pharmaceutical Services
- Berry Global
- Gerresheimer
- Catalent
- WestRock
- Sealed Air
- Nipro
Answer: The publisher forecasts that plastic is expected to witness the highest growth over the forecast period because plastics can be easily formed, possess high quality, are cost-effective, and provide excellent barrier properties and freedom of design.
Q7. In sustainable pharmaceutical packaging market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to the growing emphasis on environmental preservation and sustainability combined with the region's pharmaceutical industry's explosive expansion.
Q.8 Do we receive customization in this report?
Answer: Yes,the publisher provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the sustainable pharmaceutical packaging market by product type (plastic bottles, blister, labels & accessories, caps & closures, pre-filled syringes, medical specialty bags, vials, pouches & strip packs, and others), material (plastics, paper & paperboard, glass, metal, and others), process (recyclable, reusable, and biodegradable), packaging type (primary packaging and secondary packaging), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
1. Executive Summary
2. Global Sustainable Pharmaceutical Packaging Market: Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned
- Schott
- Amcor
- Aptar Group
- West Pharmaceutical Services
- Berry Global
- Gerresheimer
- Catalent
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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