Global Pharmaceutical Plastic Bottles Market Expected To Grow AT A CAGR Of 4.20% During 2019–2025

12-Nov-2020 | Zion Market Research

According to Zion Market Research, the global pharmaceutical plastic bottles market was capitalized at USD 7.68 billion during 2019 and is estimated to attain USD 9.70 billion by the end of 2025, growing at a CAGR of 4.20%. The mounting demand for the packaging industry in the pharmaceutical segment for the storage and delivering medicines is expected to prompt the market in the forecasted period. The plastic is one of the most utilized packing materials compared to its counterparts such as glass, paper, and metal. The lower cost of packaging is propelling its use across the pharmaceutical industry. With environmental apprehensions rising in several countries, major players have surged their speculations in research and development to deal with environmental worries and make plastic bottles secure for pharmaceutical use.

Some of the key market players are Gerresheimer AG Berry Global, Inc., Schott AG, Amcor plc, West Pharmaceutical Services, Inc., AptarGroup, Inc., Nipro Corporation, Becton Dickinson and Company, Catalent, Inc., and WestRock Company.

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Emerging Pharmaceutical Industry In Developing Economies To Spur The Global Pharmaceutical Plastic Bottles Market

The pharmaceutical packaging industry is expanding at a rapid rate in developing economies. Highly developed production processes, increased integration of companies, and technological innovations have caused the rapid growth of the industry. This augmentation of the pharmaceutical industry is boosting the pharmaceutical packaging market and the development is anticipated to be the highest in budding economies like India, Brazil, Russia, and China. The augmenting income levels and growing consciousness regarding the advantages of healthier lifestyles and good healthcare systems are supporting the augmentation of the market in these nations.

The global pharmaceutical plastic bottles market is categorized based on raw material, type, drug-delivery mode, and regional analysis. Based on the type, the market is segmented plastic bottles, caps & closures, blister packs, pre-fillable syringes, labels & accessories, temperature-controlled packaging, medical specialty bags, pre-filled inhalers, pouches & strip packs, cartridges, ampoules, vials, jars & canisters, medication tubes, and others (corrugated boxes, paperboard boxes, and trays). Based on the raw material, the market is segmented paper & paperboards, plastics & polymers, metals, glass, and others (steel and rubber). Based on the drug-delivery mode, the market is classified as pulmonary, oral drugs, injectables, transdermal, nasal, topical, IV drugs, ocular/ophthalmic, and others (carrier-based drug delivery, targeted drug delivery, genetic transfer, and nanoparticle drug delivery).

North America Is Estimated To Be The Biggest Market Throughout 2019–2025

Based on the geographical analysis, the global pharmaceutical plastic bottles market is divided into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. The North America region is likely to be the biggest pharmaceutical packaging market in the forecasted period. This expansion is attributed chiefly to the novel drug developments, technological developments like nanomedicines and biologics across the region.

Browse the full “Pharmaceutical Plastic Bottles Market by Material (Polyethylene Terephthalate (PET), High-Density Polyethylene (HDPE), Low-Density Polyethylene (LDPE), Polyvinyl Chloride (PVC), and Polypropylene), By Type (Packer Bottles, Dropper Bottles, Liquid Bottle, Boston Round Bottle, and Bullet), By Application (E-liquid, Liquid, Droppers, Oral Care, and Topical Medication): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026
.” Report at https://www.zionmarketresearch.com/report/pharmaceutical-plastic-bottles-market

The global pharmaceutical plastic bottles market is segmented as follows:

Based on type:

  • Caps & closures
  • Plastic bottles
  • Blister packs
  • Labels & accessories
  • Pre-fillable syringes
  • Pouches & strip packs
  • Medical specialty bags
  • Temperature-controlled packaging
  • Pre-filled inhalers
  • Vials
  • Ampoules
  • Cartridges
  • Medication tubes
  • Jars & canisters
  • Others (paperboard boxes, trays, and corrugated boxes)

Based on raw material:

  • Paper & Paperboards
  • Plastics & Polymers
  • Glass
  • Metals
  • Others (steel and rubber)

Based on drug-delivery mode:

  • Pulmonary
  • Oral Drugs
  • Nasal
  • Ocular/Ophthalmic
  • Transdermal
  • Injectables
  • Topical
  • IV Drugs
  • Others (carrier-based drug delivery, targeted drug delivery, nanoparticle drug delivery, and genetic transfer)

By region:

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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