Pharmaceutical Packaging Market

Packaging Market - Industry Insights,
Trends, and Forecast, 2017-25
Pharmaceutical packaging, also known as drug packaging, involves activities
from pharmaceutical production to distribution to the end user, through the
distribution channels. Technological advancements, rise in demand for devices
of drug delivery, increasing demand for eco-friendly and reusable packaging,
rapid development in healthcare services coupled with rapid urbanization
especially in the emerging economies such as India, and China are some of the
major factors responsible for the growth of the pharmaceutical packaging
market at the global level.
Generally, the price of raw materials are not fixed and varies from season to
place of origin which may affect the buying potential of such items decreases.
Therefore, fluctuating prices of raw materials used for the manufacturing of
pharmaceutical packaging products is one of the primary factors hindering
growth of the market. However, the impact of this restraint is expected to
remain medium throughout the forecast period.
Another important factor affecting market’s growth is the increasing sale of
counterfeit medicines across the globe. Asia Pacific accounts for one of the
largest share for the sale of counterfeit medicines. Regular packaging is used by
the counterfeiters, which badly impacts the growth of the pharmaceutical
packaging market in the region. Stringent regulatory measures by government
bodies and media interference is expected to check growth of counterfeit
medicines. The above factors will limit the impact of counterfeit medicines on
the pharmaceutical packaging market and is expected to subside by the end of
forecast period. For instance, in 2017, under the new Anti-Falsification
Directive in Europe, drugs prescribed by doctors will have to be provided with a
unique code number, which will signify that the packaging is authentic and new.
For More Information:​
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm
offering action-ready syndicated research reports, custom market analysis,
consulting services, and competitive analysis through various recommendations
related to emerging market trends, technologies, and potential absolute dollar
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
Seattle, WA 98154
Tel: +1-206-701-6702
Email​: ​[email protected]

Pharmaceutical Packaging Market report categorizes global market by Material, by Product Type, by End-Use Industry, by Livestock, and by Region - Industry Insights, Trends, and Forecast, 2017-25