Reports > Consumer Goods And Retailing > Pharmaceutical Contract Packaging Market Report
Pharmaceutical Contract Packaging Market Size, Share, Industry Trends and Forecast to 2033
This report offers a comprehensive overview of the Pharmaceutical Contract Packaging market from 2023 to 2033, providing insights into market size, growth trends, regional performance, and key players shaping the industry landscape.
| Metric | Value |
|---|---|
| Study Period | 2023 - 2033 |
| 2023 Market Size | $43.20 Billion |
| CAGR (2023-2033) | 7.8% |
| 2033 Market Size | $93.65 Billion |
| Top Companies | WestRock Company, SteriPack, Sharp Packaging Services, RPC Group, Amcor |
| Last Modified Date | 15 Nov 2024 |
Pharmaceutical Contract Packaging Market Report (2023 - 2033)
Pharmaceutical Contract Packaging Market Overview
What is the Market Size & CAGR of Pharmaceutical Contract Packaging market in 2023?
Pharmaceutical Contract Packaging Industry Analysis
Pharmaceutical Contract Packaging Market Segmentation and Scope
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Pharmaceutical Contract Packaging Market Analysis Report by Region
Europe Pharmaceutical Contract Packaging Market Report:
In Europe, the market is expected to rise from $11.71 billion in 2023 to $25.39 billion in 2033. Ongoing innovations, coupled with the demand for sustainable packaging, are likely to propel growth in this region.Asia Pacific Pharmaceutical Contract Packaging Market Report:
In the Asia Pacific region, the Pharmaceutical Contract Packaging market is anticipated to grow from $8.25 billion in 2023 to approximately $17.88 billion by 2033. Factors contributing to this growth include an expanding pharmaceutical industry and increased adoption of contract services.North America Pharmaceutical Contract Packaging Market Report:
North America leads the Pharmaceutical Contract Packaging market, with a valuation of $15.70 billion in 2023, expected to grow to $34.04 billion by 2033. The region benefits from a robust pharmaceutical industry and strict regulatory frameworks that bolster the need for compliant packaging solutions.South America Pharmaceutical Contract Packaging Market Report:
South America registered a market size of $1.97 billion in 2023, projected to reach $4.26 billion by 2033. The shift towards outsourcing and rising healthcare expenditure are significant drivers of this trend.Middle East & Africa Pharmaceutical Contract Packaging Market Report:
The Middle East and Africa market is projected to grow from $5.57 billion in 2023 to $12.08 billion by 2033. Increasing healthcare investments and rising awareness regarding the importance of effective packaging are major contributors to this growth.Request a custom research report for industry.
Pharmaceutical Contract Packaging Market Analysis By Type
Global Pharmaceutical Contract Packaging Market, By Type Market Analysis (2023 - 2033)
The primary packaging segment is projected to dominate the market with a size of $28.00 billion in 2023, increasing to $60.69 billion by 2033, holding a market share of 64.81%. Secondary packaging follows with a size of $9.11 billion in 2023 and $19.74 billion by 2033, keeping a share of 21.08%. Tertiary packaging is expected to grow from $6.10 billion to $13.21 billion, representing a share of 14.11%.
Pharmaceutical Contract Packaging Market Analysis By Service
Global Pharmaceutical Contract Packaging Market, By Service Market Analysis (2023 - 2033)
Services include design and development, packaging services, and logistics/distribution. The design and development segment stands at $28.00 billion in 2023 and grows to $60.69 billion by 2033 with a market share of 64.81%. Packaging services are being valued at $9.11 billion in 2023 and are expected to increase to $19.74 billion with a share of 21.08%. Logistics and distribution are forecasted to shift from $6.10 billion to $13.21 billion with a share of 14.11%.
Pharmaceutical Contract Packaging Market Analysis By End User
Global Pharmaceutical Contract Packaging Market, By End-User Market Analysis (2023 - 2033)
The main end-users include pharmaceutical companies, biotechnology companies, and contract manufacturers. Pharmaceutical companies constitute the largest segment, valued at $28.00 billion in 2023, increasing to $60.69 billion by 2033, accounting for 64.81%. Biotechnology companies stand at $9.11 billion with a growth projection to $19.74 billion (21.08%), while contract manufacturers are expected to rise from $6.10 billion to $13.21 billion with a share of 14.11%.
Pharmaceutical Contract Packaging Market Analysis By Material
Global Pharmaceutical Contract Packaging Market, By Material Market Analysis (2023 - 2033)
The primary materials used are plastic, glass, and metal. Plastic material dominates with an expected market size from $28.00 billion in 2023, surging to $60.69 billion by 2033 with a market share of 64.81%. Glass materials are marked at $9.11 billion for 2023, projected to rise to $19.74 billion, translating to a share of 21.08%, while metal is estimated to grow from $6.10 billion to $13.21 billion (14.11%).
Pharmaceutical Contract Packaging Market Analysis By Purpose
Global Pharmaceutical Contract Packaging Market, By Purpose Market Analysis (2023 - 2033)
Key purposes include product safety, brand protection, and regulatory compliance. Product safety is vital, projected to rise from $28.00 billion to $60.69 billion (64.81%). Brand protection is expected to experience growth from $9.11 billion to $19.74 billion with a share of 21.08%, and regulatory compliance is set to rise from $6.10 billion to $13.21 billion with a share of 14.11%.
Pharmaceutical Contract Packaging Market Trends and Future Forecast
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Global Market Leaders and Top Companies in Pharmaceutical Contract Packaging Industry
WestRock Company:
A leading provider of packaging solutions, WestRock focuses on innovation and sustainability, delivering comprehensive solutions to the pharmaceutical industry.SteriPack:
SteriPack specializes in providing tailored packaging solutions with a focus on quality assurance and compliance within the pharmaceutical sector.Sharp Packaging Services:
Sharp offers a diverse range of packaging services, emphasizing integrated solutions tailored to meet the complex needs of pharmaceutical clients.RPC Group:
RPC Group is a prominent player known for its innovative packaging designs and manufacturing capabilities, serving the pharmaceutical and healthcare markets globally.Amcor:
Amcor is a global leader in responsible packaging solutions, providing the industry with environmentally-friendly packaging options to ensure sustainability and compliance.We're grateful to work with incredible clients.
