Adherence Packaging Market by Material (Paper, Paperboard Aluminum, Plastic), Type (Multi-Dose Packaging, Unit-Dose Packaging), Packaging Type, End-User - Global Forecast 2024-2030

Adherence Packaging Market by Material (Paper, Paperboard Aluminum, Plastic), Type (Multi-Dose Packaging, Unit-Dose Packaging), Packaging Type, End-User - Global Forecast 2024-2030

The Adherence Packaging Market size was estimated at USD 1.00 billion in 2023 and expected to reach USD 1.05 billion in 2024, at a CAGR 5.23% to reach USD 1.44 billion by 2030.

Adherence packaging is a system designed to improve the way patients take their medications by enhancing the management and timing of dosages. This specialized packaging solution aims to increase medication adherence, ensuring patients follow their prescribed treatment regimens accurately. It involves the use of pillboxes, blister packs, or other pre-filled containers where doses are organized by the time of administration—daily, weekly, or monthly. These compartments are clearly labeled to guide the user on when to take each dose. An aging global population results in a higher prevalence of chronic diseases, necessitating effective medication management solutions and growing awareness of the health and economic burdens caused by non-adherence, creating demand for adherence packaging. However, the high cost of manufacturing and materials may limit the widespread adoption of advanced packaging systems such as adherence packaging. Nevertheless, technology integration for smart packaging solutions featuring timers and digital reminders is expected to create potential opportunities for the adherence packaging market.

Regional Insights

Americas showcases strong growth prospects for adherence packaging owing to the increasing emphasis on improving patient outcomes and reducing healthcare costs. This region's companies invest in R&D to develop user-friendly designs and incorporate digital technology adding to the growth of the market. Patent filings also reflect a focus on smart, connected packaging that integrates with mobile technology and telehealth systems, also adding to the market's expansion. In the European Union, the growth of the adherence packaging market is influenced by stringent regulations and high standards for pharmaceutical packaging. EU countries have shown a significant interest in blister packaging incorporating time- or event-driven cues for medication intake. European customers tend to prefer eco-friendly and recyclable options, in line with the region's strong environmental consciousness. The Asia Pacific region exhibits rapid growth for adherence packaging solutions owing to elderly population economies in the region requiring smart packaging for medication administrations. Moreover, healthcare reforms and the expansion of pharmaceutical sector in large economies have catalyzed investments in modern adherence packaging facilities and technologies.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Adherence Packaging Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers

• Increasing use of adherence packaging in medical services
• Growing manufacturers need to reduce drug wastage
• Rising focus on the development of multi-dose packages

Market Restraints

• High implementation, installation, and maintenance cost of adherence packaging

Market Opportunities

• Ongoing developments about digital capturing dispense events through NFC or RFID
• Strategic alliances among manufacturers to develop advanced and sustainable packaging

Market Challenges

• Lack of awareness regarding medication adherence packaging

Market Segmentation Analysis

• Material: Burgeoning adoption of polyvinyl chloride (PVC) owing to its versatility
• Type: Growing utilization of Unit-dose packaging as it ensures precise dosing and enhances patient safety
• Packaging Type: Proliferating usage of pouch packaging owing to its lightweight nature
• End-User: Evolving applications of adherence packaging in pharmacies

Market Disruption Analysis

• Porter’s Five Forces Analysis
• Value Chain & Critical Path Analysis
• Pricing Analysis
• Technology Analysis
• Patent Analysis
• Trade Analysis
• Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Adherence Packaging Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Adherence Packaging Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

iA Partners with Euclid to Expand Centralised Fulfilment Solutions

Intelligent Automation (IA) partnered with Eucid Fulfilment Solutions to introduce cutting-edge automation to the packaging line, enhancing efficiency and accuracy in medication adherence systems. Integrating IA's state-of-the-art automated technologies promises to optimize operations by streamlining the packing process, reducing manual labor, and minimizing the potential for errors.

CivicaScript taps Sortpak to Improve Medication Adherence For Patients

CivicaScript, a distributor known for its affordable generic pharmaceuticals, collaborates with SortPak, a specialty pharmacy. This partnership aims to revolutionize medication adherence by introducing packaging solutions to boost patient convenience and cost-effectiveness. Patients can access enhanced compliance options by integrating CivicaScript's low-cost medicines with SortPak's advanced packaging technologies.

Berry Launches Smart Digital Closure to Improve Medication Adherence

Berry Global introduced an advanced Smart Digital Closure system to enhance medication adherence. This cutting-edge closure technology incorporates a digital timer that tracks the time elapsed since the medication was last accessed, thereby aiding patients in keeping up with their medication schedules. By directly addressing the common issue of nonadherence, which compromises patient outcomes and increases healthcare costs, Berry's innovative solution aims to simplify patient routines and improve overall medication compliance.

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Adherence Packaging Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Adherence Packaging Market, highlighting leading vendors and their innovative profiles. These include AARDEX Group SA, Amcor PLC, ARxIUM Inc., Becton, Dickinson and Company, Cardinal Health Inc., Colbert Packaging, Euclid Medical Products, Genoa Healthcare, LLC, Global Factories B.V., HealthDirect Pharmacy Services, Honeywell International Inc., Jones Healthcare Group, Inc., Keystone Folding Box Company, Körber AG, Manrex Limited, McKesson Corporation, Medicine-On-Time, LLC, Omnicell Inc., Pearson Medical Technologies, LLC, Rx Systems, Inc., Shamrock Labels, UFlex Limited, and WestRock Company.

Market Segmentation & Coverage

This research report categorizes the Adherence Packaging Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Material
• Paper
• Paperboard Aluminum
• Plastic
• Polyethylene
• Polyethylene Terephthalate
• Polypropylene
• Polyvinyl Chloride
• Rigid Polyvinyl Chloride
• Type
• Multi-Dose Packaging
• Unit-Dose Packaging
• Packaging Type
• Blisters
• Pouches
• End-User
• Hospitals
• Pharmacies
• Region
• Americas
• Argentina
• Brazil
• Canada
• Mexico
• United States
• California
• Florida
• Illinois
• New York
• Ohio
• Pennsylvania
• Texas
• Asia-Pacific
• Australia
• China
• India
• Indonesia
• Japan
• Malaysia
• Philippines
• Singapore
• South Korea
• Taiwan
• Thailand
• Vietnam
• Europe, Middle East & Africa
• Denmark
• Egypt
• Finland
• France
• Germany
• Israel
• Italy
• Netherlands
• Nigeria
• Norway
• Poland
• Qatar
• Russia
• Saudi Arabia
• South Africa
• Spain
• Sweden
• Switzerland
• Turkey
• United Arab Emirates
• United Kingdom

Please Note: PDF & Excel + Online Access - 1 Year