World Pharmaceutical Packaging
Demand for pharmaceutical packaging products worldwide will grow to more than $100 billion in 2019, an annual increase of 6.5 percent. Nearly 60 percent of total demand will come from developed economies, while accelerating pharmaceutical manufacturing capabilities and the adoption of stricter regulations to boost quality will spur India and China to the fastest rates of growth.
New Therapies will Drive the Fastest Growing Products
Prefillable syringes and parenteral vials will experience above average growth due to the development of new injectable biotherapies and other advanced life sciences. As in past years, plastic bottles will record the largest demand.
Developed Economies will Continue to be the Top Markets
On a national level, the US comprises the largest pharmaceutical packaging market, spurred by an advanced drug manufacturing sector that will commercialize sophisticated new therapies that require specialized packaging. Enhanced government regulations and new product development will ensure continued high demand and steady market expansion in Western Europe.
Scope of the Report
This report covers the scope, size, and growth of the $74 billion world pharmaceutical packaging market, including key trends spurred by changing material usage, and evolving health care systems and regulations. For six world regions and 16 major countries, the study includes historical product demand for 2004, 2009, and 2014; and product demand forecasts for 2019 and 2024. In addition to a market share discussion for the industry leaders, sales estimates and profiles are provided for key industry participants, such as Amcor, Aptar Pharma, Becton Dickinson, CCL Industries, Gerresheimer AG, Nampak Limited, West Pharmaceutical Services, and Winpak.
Products included in the scope of this study:
Glass bottles and jars
Parenteral vials and ampules
Regions covered in this study include:
Central & South America
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