Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 30.52 Billion | USD 49.72 Billion | 5% | 2024 |
The global pharmaceutical plastic bottles market size was worth around USD 30.52 billion in 2024 and is predicted to grow to around USD 49.72 billion by 2034 with a compound annual growth rate (CAGR) of roughly 5% between 2025 and 2034. The report analyzes the global pharmaceutical plastic bottles market's drivers, restraints/challenges, and the effect they have on the demand during the projection period. In addition, the report explores emerging opportunities in the pharmaceutical plastic bottles industry.
Conventionally, glass bottles have been used for packaging pharmaceuticals. Manufacturers are substituting glass bottles with pharmaceutical plastic bottles as the latter provides the same benefits as glass bottles and is not prone to breakage. Pharmaceutical plastic bottles are an economical alternative. Hence, they are easier to procure. Also, pharmaceutical plastic bottles are lightweight and less bulky. This makes shipping and transit of pharmaceutical plastic bottles hassle-free, thereby propelling the market trends.
The rise in the usage of plastic bottles in the pharmaceutical and healthcare industries can be mainly attributed to the convenience they offer in the delivery of liquid medicines, ease of use, and safety. Moreover, pharmaceutical plastic bottles, when compared to metals, are lightweight and less vulnerable to breakage. Most sensitive drugs are packaged with PET (Polyethylene terephthalate) pharmaceutical plastic bottles, which offer high strength, impact resistance, and barrier resistance against oxygen as well as moisture. The aforementioned factors will drive the pharmaceutical plastic bottles market growth shortly.
The global pharmaceutical plastic bottles market is segmented based on material, bottle type, capacity, end-user, and region.
Based on Material, the global pharmaceutical plastic bottles market is divided into polyethylene (PE), polyethylene terephthalate (PET), polypropylene (PP), polyvinyl chloride (PVC), and others.
On the basis of Bottle Type, the global pharmaceutical plastic bottles market is bifurcated into dropper bottles, liquid bottles, solid bottles, nasal spray bottles, and others.
By Capacity, the global pharmaceutical plastic bottles market is split into Less than 50 ml, 50–100 ml, 100–250 ml, and above 250 ml.
In terms of End-user, the global pharmaceutical plastic bottles market is categorized into pharmaceutical companies, contract manufacturing organizations, and others.
Report Attributes | Report Details |
---|---|
Report Name | Pharmaceutical Plastic Bottles Market |
Market Size in 2024 | USD 30.52 Billion |
Market Forecast in 2034 | USD 49.72 Billion |
Growth Rate | CAGR of 5% |
Number of Pages | 185 |
Key Companies Covered | Gerresheimer AG, Amcor Limited, Berry Global Group Inc, AptarGroup Inc., ALPLA Werke Alwin Lehner GmbH & Co KG, Alpha Packaging Inc., RPC M&H Plastics Ltd., Graham Packaging Company Inc., Resilux NV, Drug Plastics & Glass Co., Inc., Pretium Packaging, LLC, Silgan Holdings Inc., O. Berk Company, LLC, Bormioli Pharma S.p.a., C.L.Smith Company, PACCAR International GmbH, Pro-Pac Packaging Group Pty Ltd, Comar LLC, Weener Plastics Group BV., and others. |
Segments Covered | By Material, By Bottle Type, By Capacity, By End-user, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, The Middle East and Africa (MEA) |
Base Year | 2024 |
Historical Year | 2020 to 2023 |
Forecast Year | 2025 - 2034 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Asia Pacific is expected to dominate the global market
Based on regions, the global pharmaceutical plastic bottles market can be divided into five main regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The Asia Pacific is set to grow at the highest CAGR owing to the immensely growing pharmaceutical sector in India and China. The rising presence of multinationals in India and Southeast Asia, combined with a large number of SMEs in China, is likely to fuel the demand for pharmaceutical bottles during the upcoming years.
On the other hand, North America is likely to witness significant growth during the forecast period 2020–2026. This is attributed to the rising penetration of pharmaceutical plastic bottles among various end-users such as pharmaceutical companies, chemical companies, pharmaceutical packaging companies, healthcare centers, and compounding pharmacies, among others. The Middle East & Africa and Latin American markets have substantial growth prospects and are likely to contribute significantly to the growth of the market.
The report provides a company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market, including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the pharmaceutical plastic bottles market on a global and regional basis.
The global pharmaceutical plastic bottles market is dominated by players like:
By Material
By Bottle Type
By Capacity
By End-user
FrequentlyAsked Questions
The global pharmaceutical plastic bottles market is expected to grow due to Increasing pharmaceutical production and demand for lightweight, safe, and cost-effective packaging drive growth.
According to a study, the global pharmaceutical plastic bottles market size was worth around USD 30.52 billion in 2024 and is expected to reach USD 49.72 billion by 2034.
The global pharmaceutical plastic bottles market is expected to grow at a CAGR of 5% during the forecast period.
Asia Pacific is expected to dominate the pharmaceutical plastic bottles market over the forecast period.
Leading players in the global pharmaceutical plastic bottles market include Gerresheimer AG, Amcor Limited, Berry Global Group Inc, AptarGroup Inc., ALPLA Werke Alwin Lehner GmbH & Co KG, Alpha Packaging Inc., RPC M&H Plastics Ltd., Graham Packaging Company Inc., Resilux NV, Drug Plastics & Glass Co., Inc., Pretium Packaging, LLC, Silgan Holdings Inc., O. Berk Company, LLC, Bormioli Pharma S.p.a., C.L.Smith Company, PACCAR International GmbH, Pro-Pac Packaging Group Pty Ltd, Comar LLC, and Weener Plastics Group BV., among others.
The report explores crucial aspects of the pharmaceutical plastic bottles market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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