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Global Pharmaceutical Contract Packaging Market Report and Forecast 2023-2028

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    Report

  • 145 Pages
  • October 2023
  • Region: Global
  • Expert Market Research
  • ID: 5889192
According to the report the global pharmaceutical contract packaging market reached a value of about USD 22.49 billion in 2022. Aided by rising healthcare spending and increasing geriatric population, the market is projected to further grow at a CAGR of 7.5% between 2023 and 2028 to reach a value of nearly USD 34.6 billion by 2028.

Pharmaceutical contract packaging primarily involves outsourcing the packaging of pharmaceutical products to third-party vendors. These services can range from primary packaging, such as blister packs and ampoules, to secondary packaging like labelling. This packaging is quintessential not only to ensure the protection and preservation of medicinal products but also to provide essential information and ensure compliance with international regulatory standards.

The pharmaceutical contract packaging market demand is driven by the pharmaceutical industry’s growing need to focus on its core competencies, such as research and product development. Additionally, the complexities associated with pharmaceutical packaging, including the necessity for sterility, child resistance, and tamper evidence, are further boosting the importance of pharmaceutical contract packaging.

A prominent shift towards innovative packaging solutions is increasingly contributing to the growing pharmaceutical contract packaging market size. Smart packaging technologies, which incorporate features like electronic tagging using Radio Frequency Identification (RFID) to monitor medication adherence and ensure patient safety, are increasingly gaining traction. Moreover, sustainable packaging solutions, with recyclable or biodegradable materials, are becoming an essential factor, aligning with global sustainability goals.

Technological advancements play an important role in boosting the pharmaceutical contract packaging market growth. Automation and robotics in packaging operations not only enhance efficiency but also ensure precision, especially crucial given the stringent regulations surrounding pharmaceutical products. The utilisation of technologies such as 3D printing for personalised medication packaging further fuels the market growth.

The market growth is also buoyed by the increasing trend of generic medicines and over-the-counter (OTC) products. Due to the competitive nature of the market, distinctive and functional packaging becomes a critical differentiator, further fuelling demand for specialised packaging services.

Furthermore, the pharmaceutical contract packaging market analysis highlights an increase in strategic collaborations between pharmaceutical companies and contract packagers. These partnerships often aim at improving product integrity, enhancing supply chain efficiency, and shortening time-to-market, thereby providing a competitive edge in the market.

Market Segmentation

The market can be divided based on industry, type, packaging, and region.

Market Segmentation

  • Small Molecule
  • Biopharmaceutical
  • Vaccine

Market Segmentation

  • Sterile
  • Non-Sterile

Market Segmentation

  • Plastic Bottles
  • Caps and Closures
  • Blister Packs
  • Prefilled Syringes
  • Parenteral Vials and Ampoules

Market Segmentation

  • United States
  • Europe
  • China
  • India
  • Others

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global pharmaceutical contract packaging market. Some of the major players explored in the report are as follows:
  • Adelphi Healthcare Packaging
  • Almac Group
  • Berry Global Inc.
  • PCI Services
  • Sharp Corporation
  • Others

About the Publisher

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*The publisher always strives to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.

Table of Contents

1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Pharmaceutical Contract Packaging Market Analysis
8.1 Key Industry Highlights
8.2 Global Pharmaceutical Contract Packaging Historical Market (2018-2022)
8.3 Global Pharmaceutical Contract Packaging Market Forecast (2023-2028)
8.4 Global Pharmaceutical Contract Packaging Market by Industry
8.4.1 Small Molecule
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Biopharmaceutical
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Vaccine
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.5 Global Pharmaceutical Contract Packaging Market by Type
8.5.1 Sterile
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Non-Sterile
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.6 Global Pharmaceutical Contract Packaging Market by Packaging
8.6.1 Plastic Bottles
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Caps and Closures
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Blister Packs
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Prefilled Syringes
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Parenteral Vials and Ampoules
8.6.5.2 Historical Trend (2018-2022)
8.6.5.3 Forecast Trend (2023-2028)
8.7 Global Pharmaceutical Contract Packaging Market by Region
8.7.1 United States
8.7.2 Europe
8.7.3 China
8.7.4 India
8.7.5 Others
9 Regional Analysis
9.1 United States
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.3 China
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.4 India
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyers Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Price Analysis
12.1 United States Historical Price Trends (2018-2022) and Forecast (2023-2028)
12.2 Europe Historical Price Trends (2018-2022) and Forecast (2023-2028)
12.3 China Historical Price Trends (2018-2022) and Forecast (2023-2028)
12.4 India Historical Price Trends (2018-2022) and Forecast (2023-2028)
13 Manufacturing Process
13.1 Detailed Process Flow
13.2 Operations Involved
13.3 Mass Balance and Raw Material
14 Project Details and Cost Analysis
14.1 Land, Location and Site Development
14.2 Construction
14.3 Plant Layout
14.4 Plant Machinery
14.5 Raw Material Requirement
14.6 Packaging
14.7 Transportation
14.8 Utilities
14.9 Manpower
14.10 Other Capital Investment
15 Loans and Financial Assistance
16 Project Economics
16.1 Capital Cost of Project
16.2 Techno-Economic Parameters
16.3 Product Pricing and Margins
16.4 Taxation and Depreciation
16.5 Income Projections
16.6 Expenditure Projections
16.7 Financial Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Key Players' Market Share
17.3 Company Profiles
17.3.1 Adelphi Healthcare Packaging
17.3.1.1 Company Overview
17.3.1.2 Product Portfolio
17.3.1.3 Demographic Reach and Achievements
17.3.1.4 Financial Summary
17.3.1.5 Certifications
17.3.2 Almac Group
17.3.2.1 Company Overview
17.3.2.2 Product Portfolio
17.3.2.3 Demographic Reach and Achievements
17.3.2.4 Financial Summary
17.3.2.5 Certifications
17.3.3 Berry Global Inc.
17.3.3.1 Company Overview
17.3.3.2 Product Portfolio
17.3.3.3 Demographic Reach and Achievements
17.3.3.4 Financial Summary
17.3.3.5 Certifications
17.3.4 PCI Services
17.3.4.1 Company Overview
17.3.4.2 Product Portfolio
17.3.4.3 Demographic Reach and Achievements
17.3.4.4 Financial Summary
17.3.4.5 Certifications
17.3.5 Sharp Corporation
17.3.5.1 Company Overview
17.3.5.2 Product Portfolio
17.3.5.3 Demographic Reach and Achievements
17.3.5.4 Financial Summary
17.3.5.5 Certifications
17.3.6 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Pharmaceutical Contract Packaging Market: Key Industry Highlights, 2018 and 2028
2. Global Pharmaceutical Contract Packaging Historical Market: Breakup by Industry (USD Billion), 2018-2022
3. Global Pharmaceutical Contract Packaging Market Forecast: Breakup by Industry (USD Billion), 2023-2028
4. Global Pharmaceutical Contract Packaging Historical Market: Breakup by Type (USD Billion), 2018-2022
5. Global Pharmaceutical Contract Packaging Market Forecast: Breakup by Type (USD Billion), 2023-2028
6. Global Pharmaceutical Contract Packaging Historical Market: Breakup by Packaging (USD Billion), 2018-2022
7. Global Pharmaceutical Contract Packaging Market Forecast: Breakup by Packaging (USD Billion), 2023-2028
8. Global Pharmaceutical Contract Packaging Historical Market: Breakup by Region (USD Billion), 2018-2022
9. Global Pharmaceutical Contract Packaging Market Forecast: Breakup by Region (USD Billion), 2023-2028
10. United States Historical Price Trends and Forecast 2018-2028
11. Europe Historical Price Trends and Forecast 2018-2028
12. India Historical Price Trends and Forecast 2018-2028
13. China Historical Price Trends and Forecast 2018-2028
14. Global Pharmaceutical Contract Packaging Market Structure

Companies Mentioned

  • Adelphi Healthcare Packaging
  • Almac Group
  • Berry Global Inc.
  • PCI Services
  • Sharp Corporation

Methodology

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Table Information