PUBLISHER: TechNavio | PRODUCT CODE: 1261911
PUBLISHER: TechNavio | PRODUCT CODE: 1261911
Technavio has been monitoring the pharmaceutical packaging market and is forecast to grow by USD 48889.6 mn during 2022-2027, accelerating at a CAGR of 8.44% during the forecast period. Our report on the pharmaceutical 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 the increase in R and D spending in the pharmaceutical industry, growing sales of pharmaceuticals globally, and increasing demand for convenience in pharmaceutical packaging.
Technavio's pharmaceutical packaging market is segmented as below:
By Material
By Product
By Geography
This study identifies the expansion of manufacturing facilities as one of the prime reasons driving the pharmaceutical packaging market growth during the next few years. Also, the growing popularity of lightweight packaging materials and increased demand for pharmaceutical packaging in emerging economies will lead to sizable demand in the market.
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 packaging market vendors that include Amcor Plc, AptarGroup Inc., Ball Corp., Berry Global Inc., Becton Dickinson and Co., Constantia Flexibles Group GmbH, Datwyler Holding Inc., Gerresheimer AG, International Paper Co., Jabil Inc., James Alexander Corp., KP Holding GmbH and Co. KG, Nipro Corp., O I Glass Inc., SCHOTT AG, Vitro S.A.B. de C.V., West Pharmaceutical Services Inc., WestRock Co., Winpak Ltd., and Catalent Inc. Also, the pharmaceutical 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 and an analysis of the key vendors.
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