The Philippines pharmaceutical packaging market reached around USD 160.20 Million in 2024. The market is projected to grow at a CAGR of 4.90% between 2025 and 2034 to reach nearly USD 258.47 Million by 2034.
As per the PPMA, the Philippines' pharmaceutical industry is projected to grow at an average rate of 8%-11% in the coming years. Rising income levels and the growing number of young individuals are expected to facilitate the demand for generic medicines on a large scale, which can accelerate the demand for oral drug packaging in the country.
The emergence of pharmacogenomics is revolutionising the market, by driving the usage of customised medicinal packages and personalised dosage leaflets which enhance patient's understanding of the timing of dosage. The integration of Near Field Communication technology and QR codes is expected to promote brand awareness and improve transparency in manufacturing processes, thereby fostering consumer trust.
Philippines Pharmaceutical Packaging Market Growth
As per the Philippine Pharmaceutical Manufacturers Association (PPMA), packaging material accounts for nearly 30% of a medicine's cost and can be minimised by using sustainable/recycled materials and achieving technological advancements in processing technology. The organisation of global events like ProPak Philippines is expected to boost the accessibility of local pharmaceutical producers to advanced packaging machines and thereby, contribute to the market expansion.As per the PPMA, the Philippines' pharmaceutical industry is projected to grow at an average rate of 8%-11% in the coming years. Rising income levels and the growing number of young individuals are expected to facilitate the demand for generic medicines on a large scale, which can accelerate the demand for oral drug packaging in the country.
The emergence of pharmacogenomics is revolutionising the market, by driving the usage of customised medicinal packages and personalised dosage leaflets which enhance patient's understanding of the timing of dosage. The integration of Near Field Communication technology and QR codes is expected to promote brand awareness and improve transparency in manufacturing processes, thereby fostering consumer trust.
Philippines Pharmaceutical Packaging Industry Segmentation
Philippines Pharmaceutical Packaging Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:Market Breakup by Materials
- Plastics and Polymers
- Glass
- Paper and Paperboard
- Aluminium Foil
- Others
Market Breakup by Product Type
- Plastic Bottles
- Speciality Bags
- Parenteral Container
- Blister Packing
- Closures
- Labels
- Others
Market Breakup by Packaging Type
- Primary
- Secondary
- Tertiary
Market Breakup by Drug Delivery Mode
- Oral Drug
- Injectable Packaging
- Topical
- Others
Market Breakup by End Use
- Pharma Manufacturing
- Contract Packaging
- Retail Pharmacy
- Institutional Pharmacy
Philippines Pharmaceutical Packaging Market Share
Based on materials, the market is segmented into plastics and polymers, glass, paper and paperboard, and aluminium foil, among others. Over the forecast period, plastics and polymers are expected to grow at a CAGR of 5.5% due to their great versatility and high degree of affordability.Leading Companies in the Philippines Pharmaceutical Packaging Market
In a shift towards sustainable manufacturing practices, Berry Global Group Inc., increased its usage of renewable energy by 65%, increased usage of recycled plastics by 10%, and significantly increased the production of compostable and reusable packaging products.- Amcor Plc
- Berry Global Group Inc.
- Bestpak Packaging Solutions, Inc.
- Netpak Phils., Inc.
- GL Otometz Corp.
- Merfel Plastic Manufacturing Inc.
- Versa Group Philippines Corporation
- Swiss Pac Philippines
- Others
Philippines Pharmaceutical Packaging Market Report Snapshots
Philippines Pharmaceutical Packaging Market Size
Philippines Pharmaceutical Packaging Market Growth
Philippines Pharmaceutical Packaging Market Share
Philippines Pharmaceutical Packaging Companies
Table of Contents
1 Executive Summary
2 Market Overview and Stakeholder Insights
3 Economic Summary
4 Country Risk Profiles
5 Asia Pacific Pharmaceutical Packaging Market Overview
6 Philippines Pharmaceutical Packaging Market Overview
7 Philippines Pharmaceutical Packaging Market by Materials
8 Philippines Pharmaceutical Packaging Market by Product Type
9 Philippines Pharmaceutical Packaging Market by Packaging Type
10 Philippines Pharmaceutical Packaging Market by Drug Delivery Mode
11 Philippines Pharmaceutical Packaging Market by End Use
12 Market Dynamics
14 Competitive Landscape
Companies Mentioned
- Amcor Plc
- Berry Global Group Inc.
- Bestpak Packaging Solutions, Inc.
- Netpak Phils., Inc.
- GL Otometz Corp.
- Merfel Plastic Manufacturing Inc.
- Versa Group Philippines Corporation
- Swiss Pac Philippines
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 89 |
Published | May 2025 |
Forecast Period | 2025 - 2034 |
Estimated Market Value ( USD | $ 160.2 Million |
Forecasted Market Value ( USD | $ 258.47 Million |
Compound Annual Growth Rate | 4.9% |
Regions Covered | Philippines |
No. of Companies Mentioned | 8 |