The Asia Pacific Pharmaceutical Plastic Bottles Market size is estimated at USD 2.81 billion in 2024, and is expected to reach USD 3.56 billion by 2029, growing at a CAGR of 4.85% during the forecast period (2024-2029).
The Asia-Pacific pharmaceutical plastic bottles market is fragmented, with many players like Amcor Group GmbH, Silgan Holdings Inc., and Chemco Group. These players have adopted various organic and inorganic strategies to dominate the market, such as mergers and acquisitions, partnerships, new product launches, and collaborations.
January 2024: Gerresheimer, a leading provider of systems and solutions for the pharma, biotech, and cosmetics industries, partnered with Aptar Digital Health, a global specialist in Software as a Medical Device (SaMD) and digital Patient Support Programs (PSPs), to jointly create an integrated cancer therapy management solution.
January 2023: Amcor agreed to acquire MDK, based in Shanghai. MDK's yearly sales amount to around USD 50 million, and its primary revenue segment is the supply of medical device packaging, a critical growth area for Amcor. Amcor's leadership position in a broader Asian-Pacific healthcare packaging industry, now consisting of four manufacturing sites offering products to China, India, Japan, and Southeast Asia markets, will be strengthened by adding MDK.
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