A Parenteral Packaging Market, by Packaging Type (Bags and Bottles

Parenteral Packaging Market, by Packaging Type (Bags and Bottles, Ampoules, Vials, Prefilled Syringes & Cartridges, and Ready-to-mix-Systems), by Material Type (Glass, Plastic and Polymer, Poly Vinyl Chloride (PVC), and Polyolefin) and by Region (North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Parenteral packaging is the process of packaging injectables or parenteral solutions to keep their therapeutic effectiveness intact till the point of administration. Parental packaging is required to protect the drugs from contamination and to ensure aseptic administration to the patient. On the basis of material type, the parenteral packaging market is segmented into plastic & polymer and glass, and others. Plastic and polymer packaging material is more durable then glass used for parenteral packaging. Eco-friendly materials such as bio-plastics made from plants, sugar bagasse, forest wood, recycled plastic and palm leaf are also used for parenteral packaging. The pharmaceuticals industry has witnessed significant technological advancements such as introduction of prefilled syringes, and advanced polymers over the past few years. Moreover, recent advancements in the routes of drug administration are driving the demand for parenteral packaging.
Market Dynamics
Implementation of stringent regulations and standards for using pharmaceutical grade materials including glass and plastic in parenteral packaging by regulatory bodies is expected to favor the growth of global parenteral packaging market. For instance, the World Health Organization (WHO) has designed guidelines on packaging of pharmaceutical products which need to be followed by pharmaceutical organizations.
Increase in aging population, and rising incidence of lifestyle diseases such as diabetes and hypertension has led to an increase in utilization of parenteral drugs in both developed and emerging economies. As per U.S. Census Bureau, in the U.S., the aging population was estimated to be around 50,683,620 in 2016 and is expected reach 71,453,471 by 2030.
Increase prevalence of Alzheimer’s disease (AD) and aging population around the globe is expected to favor the growth of the parenteral packaging market. According to the World Health Organization (WHO), the AD cases worldwide were around 47 million, and will reach around 75 million by 2030. The number of cases is expected to triple by 2050 due to the high prevalence rate and lack of healthcare services in rural areas.
Key features of the study:
This report provides in-depth analysis of the global parenteral packaging market and provides market size (US$ Mn) and Cumulative Annual Growth Rate (CAGR) (%) for the forecast period (2022 - 2028), considering 2021 as the base year.
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market. It provides valuable insights about market drivers, restraints, opportunities, new product launches or approval, pipeline products, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the parenteral packaging market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, key developments, strategies and future plans
Insights from this report would allow marketers and management authorities of companies to make informed decisions with respect to future product launch, market expansion, and marketing tactics
The parenteral packaging market report caters to various stakeholders in this industry, including investors, product developers, distributors, healthcare companies, research institutes, medical device companies, new entrants, and financial analysts
Stakeholders would greatly benefit in decision making through the various strategy matrices used in analyzing the parenteral packaging market
Detailed Segmentation:
Global Parenteral Packaging Market, By Packaging Type:
Bags and bottles
Ampoules
Vials
Prefilled syringes & cartridges
Ready-to-mix-systems
Global Parenteral Packaging Market, By Material Type:
Glass
Plastic and polymer
Poly Vinyl Chloride (PVC)
Polyolefin
Global Parenteral Packaging Market, By Region:
North America
By Packaging Type:
Bags and bottles
Ampoules
Vials
Prefilled syringes & cartridges
Ready-to-mix-systems
By Material Type:
Glass
Plastic and polymer
Poly Vinyl Chloride (PVC)
Polyolefin
By Country:
U.S.
Canada
Europe
By Packaging Type:
Bags and bottles
Ampoules
Vials
Prefilled syringes & cartridges
Ready-to-mix-systems
By Material Type:
Glass
Plastic and polymer
Poly Vinyl Chloride (PVC)
Polyolefin
By Country:
U.K.
Germany
Italy
France
Russia
Spain
Rest of Europe
Asia Pacific
By Packaging Type:
Bags and bottles
Ampoules
Vials
Prefilled syringes & cartridges
Ready-to-mix-systems
By Material Type:
Glass
Plastic and polymer
Poly Vinyl Chloride (PVC)
Polyolefin
By Country:
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Latin America
By Packaging Type:
Bags and bottles
Ampoules
Vials
Prefilled syringes & cartridges
Ready-to-mix-systems
By Material Type:
Glass
Plastic and polymer
Poly Vinyl Chloride (PVC)
Polyolefin
By Country:
Brazil
Mexico
Argentina
Rest of Latin America
Middle East
By Packaging Type:
Bags and bottles
Ampoules
Vials
Prefilled syringes & cartridges
Ready-to-mix-systems
By Material Type:
Glass
Plastic and polymer
Poly Vinyl Chloride (PVC)
Polyolefin
By Country:
GCC
Israel
Rest of Middle East
Africa
By Packaging Type:
Bags and bottles
Ampoules
Vials
Prefilled syringes & cartridges
Ready-to-mix-systems
By Material Type:
Glass
Plastic and polymer
Poly Vinyl Chloride (PVC)
Polyolefin
By Country:
North Africa
Central Africa
South Africa
Company Profiles
Gerresheimer AG*
Company Overview
Product Portfolio
Market Presence
Financial Overview
Key Developments
Strategies
Schott AG
Becton, Dickinson and Company
Unilife Corporation, Inc.
Ypsomed Holding AG
West Pharmaceutical Services, Inc.
SiO2 Medical Products Inc.
TERUMO CORPORATION
Ompi Stevanato Group
Stevanato Group and Nipro Corporation
Berry Plastics Corporation
MeadWestvaco Corporation
Owens-Illinois
RPC Group
Graphic Packaging Group