Pharmaceutical Plastic Packaging Market Outlook, Growth, Research Insights 2023
The global pharmaceutical plastic packaging market size was valued at USD 51,634.9 million in 2022 and is poised to grow at a significant CAGR of 6.1% during the forecast period 2023-29. It also includes market size and projection estimations for each of the five major regions from 2023 to 2029. The research report includes historical data, trending features, and market growth estimates for the future. Furthermore, the study includes a global and regional estimation and is further split by nations and categories within each region. The research also includes factors and barriers to the pharmaceutical plastic packaging market growth, as well as their impact on the market's future growth. The report gives a comprehensive overview of both primary and secondary data.
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The global pharmaceutical plastic packaging market segmentation:
1) By Material: Polyethylene, Polyethylene terephthalate (PET), Polypropylene, Polyamide (PA), Polyvinyl Chloride (PVC), Cyclo-olefin Copolymer (COC), Cyclo-Olefin Polymer (COP), Others (PHA, PLA)
2) By Product Type: Bottles, Ampoules & Vials, Trays, Blister Packs, Bags & Pouches, Prefilled Syringes & Cartridges, Others (Jars & Containers)
3) By Packaging Type: Rigid Packaging, Flexible Packaging
4) By Drug Delivery Mode: Oral Packaging, Injectable Packaging, Topical, Nasal, Transdermal, Ocular, Others
The primary factors of the pharmaceutical plastic packaging market drivers are the regulatory standards on packaging and stringent norms against counterfeit products. The pharmaceutical plastic packaging market report helps to provide the best results for business enhancement and business growth. It further helps to obtain the reactions of consumers to a novel product or service. It becomes possible for business players to take action for changing perceptions. It uncovers and identifies potential issues of the customers. It becomes easy to obtain the reactions of the customers to a novel product or service. It also enlightens further advancement, so it suits its intended market.
The pharmaceutical plastic packaging market research report gives a comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America was the largest region in the pharmaceutical plastic packaging market report, accounting for the highest share in 2022. It was followed by Asia Pacific, and then the other regions.
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The important profiles and strategies adopted by the pharmaceutical plastic packaging market key players are Gerresheimer AG, Amcor Limited, Berry Plastics Group, Inc., Aptar Pharma, O.Berk Company, LLC, Alpha Packaging, Graham Packaging Company is covered here to help them in strengthening their place in the market.
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