The Asia Pacific Pharmaceutical Packaging Market would witness market growth of 12.3% CAGR during the forecast period (2020-2026).
The process of packaging is a very crucial part of pharmaceutical products. These packaging mostly include dosing, dispensing, and the usage of pharmaceutical products. Many drugs are reactive to unstable exposure of moisture, air, and light, thus it is highly crucial to package these drugs well to maintain the effectiveness & safety of the pharmaceutical products.
This packaging helps in securing medicinal products from any contamination and provides them safety & convenience for handling and delivering the products. This is why pharmaceutical packaging needs to be managed properly in order to balance various complex considerations. Although, the increasing cost of packaging due to the strict rules and anti-counterfeiting efforts, is anticipated to hamper the growth of the market. Therefore, controlling these rising costs of packaging becomes a major challenge for the manufacturers of pharmaceuticals products.
The pharmaceutical packaging market is estimated to record a significant growth rate over the forecast period. It is because of the factors like developments in the manufacturing process to create biodegradable & sustainable packaging solutions, the rising product developments, and mergers & acquisitions to cater changing demands & requirements of the market. Moreover, the increasing demand for generic drugs, serialized tracking & tracing of the products, significant rise in drug delivery market, the growing investment in the R&D department, and the advancement in the packaging technology will propel the pharmaceutical packaging market.
Based on Material, the market is segmented into Plastics & Polymers, Paper & Paperboard, Glass, Surveillance & Monitoring, and Others. Based on Product, the market is segmented into Plastic Bottle, Specialty Bags, Labels, Blister packing, Parenteral Container, Closures, and Other Products. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The China market dominated the Asia Pacific Labels Pharmaceutical Packaging Market by Country 2019, thereby, achieving a market value of $1,439.8 million by 2026. The India market is anticipated to witness a CAGR of 14.2% during (2020 - 2026). Additionally, The Japan market is showcasing a CAGR of 15.5% during (2020 - 2026).
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Becton, Dickinson and Company, CCL Industries Ltd., Amcor PLC, AptarGroup, Inc., O-I Glass, Inc. (Owens Illinois, Inc.), West Pharmaceutical Services, Inc., Berry Global Group, Inc., WestRock Company, International Paper Company, and Comar, LLC.
Scope of the Study
Market Segments covered in the Report:
• Plastics & Polymers
• Paper & Paperboard
• Surveillance & Monitoring
• Plastic Bottle
• Specialty Bags
• Blister packing
• Parenteral Container
• Other Products
• South Korea
• Rest of Asia Pacific
• Becton, Dickinson and Company
• CCL Industries Ltd.
• Amcor PLC
• AptarGroup, Inc.
• O-I Glass, Inc. (Owens Illinois, Inc.)
• West Pharmaceutical Services, Inc.
• Berry Global Group, Inc.
• WestRock Company
• International Paper Company
• Comar, LLC
• Exhaustive coverage
• Highest number of market tables and figures
• Subscription based model available
• Guaranteed best price
• Assured post sales research support with 10% customization free
Our reports have been used by over 10K customers, including:
The global linerless labels market size is projected to grow from USD 1.7 billion in 2021 to USD 2.2 billion by 2026, at a CAGR of 4.8% from 2021 to 2026. The global linerless labels industry has witnessed high growth primarily in the food sector, increase in total disposable incomes of consumers in emerging economies. Rapid urbanization,...
The North American Aseptic Packaging market was valued at USD 9.45 billion in 2020 and is expected to reach USD 14.15 billion by 2026, registering a CAGR of 6.54% during the forecast period. The rapidly increasing demand from the pharmaceutical industry and the food and beverage industry are some of the factors expected to drive the demand...
The machine vision market is estimated to be valued at USD 11.0 billion in 2021 and reach USD 15.5 billion by 2026, at a CAGR of 7.0%. The major driving factors in the machine vision market is the increasing need for quality inspection and automation, growing demand for vision-guided robotic systems, increasing adoption of vision-guided robotic...
276 pages •
By Asia Market Information & Development Company
• Aug 2021
China’s demand for Labels has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, imports & exports, consumer consumption and...
The Global Cannabis Packaging Market is expected to witness a CAGR of 24.3% over the forecast period from 2021 to 2026. The cannabis packaging market is anticipated to witness notable growth in the next few years, owing to the rising demand for medical and recreational cannabis products for consumption. The increasing legalization of cannabis...
The Global Cling Films Market size was valued at USD 10,608.75 million in 2020 and the market is projected to register a CAGR of 4.84% during the forecast period (2021-2026). The market is not much negatively impacted by the COVID-19 pandemic in 2020. Moreover, the demand for packaging has been increased from different end-user sectors,...
The global heavy gauge and thin gauge thermoformed plastics market was valued at USD 68,000 million in 2020 and is expected to reach USD 96,900 million by 2026, recording an estimated CAGR of over 5.5% over the forecast period, 2021-2026. The market was negatively impacted by COVID-19 in 2020. Owing to the pandemic, various countries...
The hot melt glue gun market was valued at US$ 477.64 million in 2020 and is projected to reach US$ 715.13 million by 2028; it is expected to grow at a CAGR of 5.2% from 2021 to 2028. Hot melt glue gun is a portable device that is utilized to dispense hot melt adhesives.These guns are available in various types such as corded, cordless,...
Ophthalmic Packaging Market Size, Share & Trends Analysis Report By Dose (Single Dose, Multi Dose), By Type (OTC, Prescription), By Material (Plastic, Glass), By Region, And Segment Forecasts, 2021 - 2028 Ophthalmic Packaging Market Growth & Trends The global ophthalmic packaging market is expected...
Pharmaceutical Packaging Market Size, Share & Trends Analysis Report By Material (Glass, Plastics & Polymers), By Product (Primary, Secondary), By End Use, By Region, And Segment Forecasts, 2021 - 2028 Pharmaceutical Packaging Market Growth & Trends The global pharmaceutical packaging market...
Chronic Disease Prevalence
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.