The global pharmaceutical contract packaging market is forecasted to be valued at US$ 11,586 Million by 2032, up from US$ 5,674 Million in 2022, projecting a CAGR of 7.4% during the forecast period.

The pharmaceutical industry across globe is changing at a break neck pace with a lot of trends and business relationships. The changes not only involves new medical developments, patents and corresponding equipment, but also the roles of all stakeholders. One such new trend is pharmaceutical contract packaging market.

It can be anticipated that in coming time pharmaceutical contract manufacturing will expand exponentially and register a healthy growth over the forecast period.

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Market: Drivers & Restraints

Contract packagers can sort out multiple issues related to unusual packaging needs or take up any packaging project from beginning to end. With advancement of medical science development of medicines for various diseases and deficiency the requirement of packaging of such medicines also multiplied with time. Conventional medicines altogether with alternative medicines are moving fast to meet patient’s demand.

Pharmaceutical companies instead of investment in packaging o end products are now outsourcing the job of packaging of end product to those companies who are capable and specialized in handling packaging of medicines. Medicines are manufactured at one location and are sold across globe in order to meet local market acceptance those medicines need to be packed with information as well as packaging material as per se the market.

Contract pharmaceutical packaging industry has yet started and hasn’t gained strong foothold but over the forecast period the contract pharmaceutical packaging will grow.

Pharmaceutical Contract packaging Market: Regional Outlook

Based on the geographies, global Pharmaceutical Contract packaging market is segmented into five key regions — North America, Latin America, Europe, APAC, and Middle East & Africa. Among the aforementioned regions, North America leads in Contract pharmaceutical packaging owing to the reason North America has been global leader in drug manufacturing for various diseases.

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Countries such as India, China etc. have been a booming market for pharmaceuticals. Pharmaceutical drugs ranging from antibiotic, allopathic and alternative are on high demand from users from APEJ countries. The growth of pharmaceutical companies in APEJ region will boost the market of contract pharmaceutical packaging as most of these companies doesn’t engage itself in packaging of medicine.

Western Europe countries such as Germany, France, and U.K. are also moving with a decent pace towards contract pharmaceutical packaging in order to cut down additional operational expenses of packaging for pharmaceutical companies.  Eastern Europe is also significantly growing in contract pharmaceutical packaging market.

Pharmaceutical Contract packaging market: Key Players

  • Catalent Pharma Solutions
  • Patheon
  • Baxter BioPharma Solutions
  • AbbVie Contract Manufacturing
  • Pfizer CentreSource
  • Daito Pharmaceutical
  • Nipro Corporation

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Pharmaceutical Contract Packaging Market: Segmentation

The global Pharmaceutical Contract packaging market is segmented on the basis of product, sales channel and region.

On the basis of type of products, the global Pharmaceutical Contract packaging market is segmented into:

  • Flexible Packaging
  • Plastic Containers
  • Glass Containers
  • Caps/Closures

On the basis of drug type, the global Pharmaceutical Contract packaging market is segmented into:

  • Autacoids & Related Drugs
  • Contraceptives
  • Hormone Replacement
  • Cardiovascular Medicines
  • Cancer Therapies
  • Others

On the basis of drug form, the global Pharmaceutical Contract packaging market is segmented into:

  • Oral
  • Injectable

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