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The market for environmentally friendly pharmaceutical packaging was estimated to be worth USD 71.80 billion in 2022 and is anticipated to expand at a CAGR of 17.15% over the next five years. The massive growth of the pharmaceutical industry is one of the primary forces behind the development of the Sustainable Pharmaceutical Packaging sector. The pharmaceutical business has had rapid growth in recent years due to scientific and technological developments, and it is anticipated that this trend will continue over the course of the projection period, particularly in developing nations like China, India, and Brazil. The United States had the largest pharmaceutical market in the world.
Product creation is not complete without proper packaging, which distinguishes your product from the competition and makes it appealing to regulators, clients, and consumers. A manufacturer must adhere to stringent requirements in the pharmaceutical industry while selecting a packaging material. It is recommended to use premium and high-quality packing materials for pharmaceutical products since they preserve the product's integrity over the course of its shelf life.
The movement toward environmentally friendly packaging gave rise to the concept of sustainable packaging. In the pharmaceutical industry, packaging supplies are often one-time use only. As a result, the majority of the material—including plastic, glass, metal, etc.—is either recycled or dumped into a dumpster. However, the need for biodegradable material has increased dramatically in the pharmaceutical business due to the expanding trend of biodegradable material. The most popular packaging material is currently plastic, followed by paper, and is predicted to stay that way.
The outbreak made clear how important it is to guarantee the dependability and security of pharmaceutical products. The growing focus on health and safety, which included packaging, raised the demand for packaging solutions that ensure product protection and reduce the danger of contamination. Demand for pharmaceutical products, such as medications and vaccines, increased during the epidemic. In order to ensure quick delivery, new packaging materials, designs, and distribution techniques had to be devised due to the additional strain this increased demand placed on the packaging supply chains. The outbreak exposed flaws in global supply networks. Manufacturing, shipping, and raw material sourcing issues and delays had an effect on the availability of packaging materials. This stressed the importance of localizing supply networks and reducing reliance on a single source.
Consumer preferences in the packaging business have changed in recent years to favor more environmentally friendly and sustainable materials. Concerns about environmental contamination, the depletion of natural resources, and an increasing understanding of the effects of packaging waste on the environment are the driving forces behind this trend. Packaging created from recycled materials, such as paper, cardboard, and plastic, is becoming more and more popular with consumers. Additionally, they are considering solutions that are compostable and biodegradable.
Costs associated with packaging may rise as a result of sustainability policies that aim to cut waste and encourage recycling. This is due to the fact that environmentally friendly packaging materials, including recycled or biodegradable polymers, are frequently more expensive than conventional ones. The price of designing, testing, and certifying packaging to satisfy sustainability criteria may further increase the entire cost. It can be expensive to implement systems for recovering and recycling spent packaging materials. Higher prices for goods that are packaged with sustainable materials are one way that these elevated expenses might be passed on to customers.
The pharmaceutical industry is primarily driven by advances in biomedicine and research. In addition, as one of the most prosperous high-tech sectors on the continent, the pharmaceutical industry makes a considerable economic contribution to Europe. The pharmaceutical industry is undergoing a tremendous shift, and during the past few years, the development of biologic medications has drawn increasingly more attention. Due to their instability in liquid form, few biotechnology-based medicinal therapies are introduced as lyophilized or dry powder dosage forms. To function properly, lyophilized drugs need specialized packaging, creating new market opportunities for packaging makers.
Tablets, capsules, liquids, and powders are the most popular pharmaceutical drug delivery systems. Numerous packaging styles, including rigid bottles, standup pouches, flat pouches, sachets, and blister cases, are used to package them. package firms are increasingly focusing on the incorporation of dispensing mechanisms, administration aids, sustainable materials, tamper-evident features, and anti-counterfeiting methods in order to increase the functionality and safety of their package.
Report Coverage
Global Sustainable Pharmaceutical Packaging research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Sustainable Pharmaceutical Packaging report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Sustainable Pharmaceutical Packaging competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Sustainable Pharmaceutical Packaging market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Sustainable Pharmaceutical Packaging market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Sustainable Pharmaceutical Packaging market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Amcor Plc, Aptargroup, Inc., Becton, Dickinson and Company, Berry Global Inc., Catalent, Inc., CCL Industries, Inc., Comar, LLC, Drug Plastics Group, Gerresheimer AG, International Paper, Nipro Corporation, Owens Illinois Inc., Schott AG, Silgan Holdings Inc., Stevanato Group, Vetter Pharma International, West Pharmaceutical Services, Inc, WestRock (US), 4Evergreen Alliance, O-I Glass Inc.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Sustainable Pharmaceutical Packaging market based on the below-mentioned segments:
Global Sustainable Pharmaceutical Packaging Market, By Material
Plastic and Polymer
Paper and Paper Board
Glass
Aluminium Foil
Others
Global Sustainable Pharmaceutical Packaging market, By Product
Primary
Secondary
Tertiary
Global Sustainable Pharmaceutical Packaging Market, By End User
Pharma Manufacturing
Contract Packaging
Retail Pharmacy
Institutional Pharmacy
Global Sustainable Pharmaceutical Packaging market, Regional Analysis
Product creation is not complete without proper packaging, which distinguishes your product from the competition and makes it appealing to regulators, clients, and consumers. A manufacturer must adhere to stringent requirements in the pharmaceutical industry while selecting a packaging material. It is recommended to use premium and high-quality packing materials for pharmaceutical products since they preserve the product's integrity over the course of its shelf life.
The movement toward environmentally friendly packaging gave rise to the concept of sustainable packaging. In the pharmaceutical industry, packaging supplies are often one-time use only. As a result, the majority of the material—including plastic, glass, metal, etc.—is either recycled or dumped into a dumpster. However, the need for biodegradable material has increased dramatically in the pharmaceutical business due to the expanding trend of biodegradable material. The most popular packaging material is currently plastic, followed by paper, and is predicted to stay that way.
The outbreak made clear how important it is to guarantee the dependability and security of pharmaceutical products. The growing focus on health and safety, which included packaging, raised the demand for packaging solutions that ensure product protection and reduce the danger of contamination. Demand for pharmaceutical products, such as medications and vaccines, increased during the epidemic. In order to ensure quick delivery, new packaging materials, designs, and distribution techniques had to be devised due to the additional strain this increased demand placed on the packaging supply chains. The outbreak exposed flaws in global supply networks. Manufacturing, shipping, and raw material sourcing issues and delays had an effect on the availability of packaging materials. This stressed the importance of localizing supply networks and reducing reliance on a single source.
Consumer preferences in the packaging business have changed in recent years to favor more environmentally friendly and sustainable materials. Concerns about environmental contamination, the depletion of natural resources, and an increasing understanding of the effects of packaging waste on the environment are the driving forces behind this trend. Packaging created from recycled materials, such as paper, cardboard, and plastic, is becoming more and more popular with consumers. Additionally, they are considering solutions that are compostable and biodegradable.
Costs associated with packaging may rise as a result of sustainability policies that aim to cut waste and encourage recycling. This is due to the fact that environmentally friendly packaging materials, including recycled or biodegradable polymers, are frequently more expensive than conventional ones. The price of designing, testing, and certifying packaging to satisfy sustainability criteria may further increase the entire cost. It can be expensive to implement systems for recovering and recycling spent packaging materials. Higher prices for goods that are packaged with sustainable materials are one way that these elevated expenses might be passed on to customers.
The pharmaceutical industry is primarily driven by advances in biomedicine and research. In addition, as one of the most prosperous high-tech sectors on the continent, the pharmaceutical industry makes a considerable economic contribution to Europe. The pharmaceutical industry is undergoing a tremendous shift, and during the past few years, the development of biologic medications has drawn increasingly more attention. Due to their instability in liquid form, few biotechnology-based medicinal therapies are introduced as lyophilized or dry powder dosage forms. To function properly, lyophilized drugs need specialized packaging, creating new market opportunities for packaging makers.
Tablets, capsules, liquids, and powders are the most popular pharmaceutical drug delivery systems. Numerous packaging styles, including rigid bottles, standup pouches, flat pouches, sachets, and blister cases, are used to package them. package firms are increasingly focusing on the incorporation of dispensing mechanisms, administration aids, sustainable materials, tamper-evident features, and anti-counterfeiting methods in order to increase the functionality and safety of their package.
Report Coverage
Global Sustainable Pharmaceutical Packaging research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Sustainable Pharmaceutical Packaging report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Sustainable Pharmaceutical Packaging competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Sustainable Pharmaceutical Packaging market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Amcor Plc, Aptargroup, Inc., Becton, Dickinson and Company, Berry Global Inc., Catalent, Inc., CCL Industries, Inc., Comar, LLC, Drug Plastics Group, Gerresheimer AG, International Paper, Nipro Corporation, Owens Illinois Inc., Schott AG, Silgan Holdings Inc., Stevanato Group, Vetter Pharma International, West Pharmaceutical Services, Inc, WestRock (US), 4Evergreen Alliance, O-I Glass Inc. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Sustainable Pharmaceutical Packaging Market from 2021 to 2030.
- Market Forecast for Sustainable Pharmaceutical Packaging Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Sustainable Pharmaceutical Packaging competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Sustainable Pharmaceutical Packaging
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Sustainable Pharmaceutical Packaging market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Sustainable Pharmaceutical Packaging market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Amcor Plc, Aptargroup, Inc., Becton, Dickinson and Company, Berry Global Inc., Catalent, Inc., CCL Industries, Inc., Comar, LLC, Drug Plastics Group, Gerresheimer AG, International Paper, Nipro Corporation, Owens Illinois Inc., Schott AG, Silgan Holdings Inc., Stevanato Group, Vetter Pharma International, West Pharmaceutical Services, Inc, WestRock (US), 4Evergreen Alliance, O-I Glass Inc.
Primary Target Market
- Market Players of Sustainable Pharmaceutical Packaging
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Sustainable Pharmaceutical Packaging market based on the below-mentioned segments:
Global Sustainable Pharmaceutical Packaging Market, By Material
Plastic and Polymer
Paper and Paper Board
Glass
Aluminium Foil
Others
Global Sustainable Pharmaceutical Packaging market, By Product
Primary
Secondary
Tertiary
Global Sustainable Pharmaceutical Packaging Market, By End User
Pharma Manufacturing
Contract Packaging
Retail Pharmacy
Institutional Pharmacy
Global Sustainable Pharmaceutical Packaging market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
You will get in-depth and extensive sustainable pharmaceutical packaging market market research and competitor analysis for your business to help you develop more profound insights into the sustainable pharmaceutical packaging market Market.
Through INFINITIVE Data Expert is a professional Market Research services, I will identify the sustainable pharmaceutical packaging market market size, demand & opportunities, growth rate, and target audience with a comprehensive analysis of your competitors.