Syndicated Research Studies

Pharmaceutical Packaging Market Summary The global pharmaceutical packaging market size was valued at USD 139,371.7 million in 2023 and is projected to reach USD 265,702.3 million by 2030, expanding at a CAGR of 9.7% from 2024 to 2030. One of the primary drivers of this growth is the rapid expansion of the pharmaceutical sector. Scientific and technological progress has accelerated the development of the pharmaceutical industry in recent years, a trend expected to continue throughout the forecast period, particularly in emerging economies such as China, India, Saudi Arabia, and Brazil. The U.S. remains the largest pharmaceutical market globally, supported by a robust healthcare system, high per capita income, and substantial investment in drug development. Additionally, the increasing emphasis on generic drugs and broader access to healthcare services is anticipated to create attractive opportunities for pharmaceutical packaging providers. The 21st Century Cures Act , signed on De...

Pharmaceutical Packaging Industry Overview The global  pharmaceutical packaging market  size is expected to reach USD 265.5 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 9.5% from 2021 to 2030. The increasing prevalence of chronic diseases, coupled with the growth of the pharmaceutical industry, is anticipated to augment the consumption of pharmaceutical packaging products. Pharmaceutical Packaging Market Segmentation Grand View Research has segmented the global pharmaceutical packaging market on the basis of material, product, end use, and region: Based on the Material Insights, the market is segmented into Plastics & Polymers, Paper & Paperboard, Glass, Aluminum Foil, and Others. Plastics and polymers held the largest revenue share of over 35.0% in 2021. Various types of plastic resins including PE, PET, PP, PVC, PS, and bioplastic are widely used for manufacturing pharmaceutical vials, bottles, ...