Global Pharmaceutical Contract Packaging Market 2024-2028
Technavio has been monitoring the pharmaceutical contract packaging market and is forecast to grow by USD 9323.6 mn during 2023-2028, accelerating at a CAGR of 16.54% during the forecast period. Our report on the pharmaceutical contract packaging market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising r and d spending in pharmaceutical industry, growing global pharmaceutical sales, and increasing number of new drugs approval by FDA.
Technavio's pharmaceutical contract packaging market is segmented as below:
By Packaging
- Plastic bottles
- Blister packs
- Pouches
- Parenteral containers
- Pre-filled syringes
By Type
By Geographical Landscape
- North America
- APAC
- Europe
- Middle East and Africa
- South America
This study identifies the opportunities due to patent expiration of drugs as one of the prime reasons driving the pharmaceutical contract packaging market growth during the next few years. Also, vendors adopting different growth strategies and growing demand for sustainable packaging will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the pharmaceutical contract packaging market covers the following areas:
- Pharmaceutical contract packaging market sizing
- Pharmaceutical contract packaging market forecast
- Pharmaceutical contract packaging market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading pharmaceutical contract packaging market vendors that include Amcor Plc, AmerisourceBergen Corp., AptarGroup Inc., Becton Dickinson and Co., Berlin Packaging LLC, Berry Global Inc., Bilcare Ltd., Catalent Inc., CCL Industries Inc., Constantia Flexibles Group GmbH, Datwyler Holding Inc., FedEx Corp., Gerresheimer AG, Jabil Inc., James Alexander Corp., KP Holding GmbH and Co. KG, Pharma Packaging Solutions, Precision Concepts International, SCHOTT AG, and WestRock Co.. Also, the pharmaceutical contract packaging market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.