The pharmaceutical containers market will increase from US$ 90 billion in 2022 to US$ 180.38 billion in 2032, with a CAGR of 7.2%.
An essential part of the medical sector are the pharmaceutical containers. The need for pharmaceutical containers has increased since the COVID-19 pandemic, particularly for the storage of vaccinations.
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Vials are small containers that are primarily used to certify that patients take their dosage of medication in a precise quantity and timely manner, whereas pharmaceutical bottles are packaging systems that are specifically designed to meet the packaging requirements for pharmaceutical substances such as tablets, capsules, solutions & suspensions, sterile injectable, and others. Polypropylene bottles and vials are essential to the expansion of the global market for pharmaceutical containers.
The market for pharmaceutical containers is dominated by plastic bottles because of its affordability, toughness, and adaptability. Plastic bottles are more cost-effective to create, simpler to replace, and practical for long-distance transportation, which is fueling the market for pharmaceutical containers.
While people prefer self-administration of the medication and lack professional medical training, vials provide accurate dosing. Ampoules and vials may be stored easily due to their manufacture and formulation design, as well as the crack-resistant shield in which they are transported and stored.
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Who are Some of the Key Players in the Pharmaceutical Containers Market?
Some of the key players in the pharmaceutical containers market are Amcor plc; Becton Dickinson and Company; AptarGroup, Inc.; Drug Plastics Group; Gerresheimer AG; Schott AG; Owens Illinois, Inc.; West Pharmaceutical Services, Inc.; Berry Global, Inc.; WestRock Company; SGD Pharma; International Paper; Comar, LLC; CCL Industries, Inc.; Vetter Pharma International.
Key Segments Profiled in the Pharmaceutical Containers Market Survey
By Product:
- Bottles
- Standard
- Dispensing
- Jars
- Vials
- Cans
- IV Containers
- Semi Rigid IV Containers
- Premixed IV Mini bags
- Ampoules
- Others
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By Material:
- Plastic
- PE
- LDPE
- HDPE
- Polystyrene
- Polycarbonate
- Polypropylene
- PVC
- PET
- Glass
- Type-1
- Type-2
- Type-3
- Others
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
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