Pharmaceutical Plastic Packaging Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2030)

Pharmaceutical Plastic Packaging Market is anticipated to grow at a significant CAGR of 6.0% during the forecast period (2024-2031). According to Invest in India, the pharmaceutical industry in India is expected to reach $65 Billion by 2024 and to $130 Billion by 2031. India is a major exporter of Pharmaceuticals, with over 200+ countries served by Indian pharma exports. India supplies over 50% of Africa’s requirement for generics, ~40% of generic demand in the US and ~25% of all medicine in the UK. India has many companies that offer pharmaceutical plastic packaging, including packaging companies, pharmaceutical companies, and suppliers. Looking towards the growth aspects of Indian pharmaceutical industry several international players are planning to foray into the Indian pharmaceutical plastic packaging market.

For instance, in March 2023, Spanish packaging firm Inden Pharma announced its plan to expand its business to India after partnering with Austria-based ALPLApharma that specialises in plastic packaging for pharmaceuticals. In a bid to increase their presence in the global market for pharmaceutical packaging, the companies have inked a pact for the certified production of bottles, containers and closures in clean rooms, starting in March. The firms are planning a combined annual production of around 800 million pharmaceutical packaging products in 2023 and a three-fold increase in the next five years. 

To Request a Sample of our Report on Pharmaceutical Plastic Packaging Market:  https://www.omrglobal.com/request-sample/pharmaceutical-plastic-packaging-market

Market Coverage

•                 The market number available for – 2023-2030

•                 Base year- 2023

•                 Forecast period- 2024-2031

Segment Covered- 

·        By Raw Material

·        By Product Type

Regions Covered-

·        North America

·        Europe

·        Asia-Pacific

·        Rest of the World

Competitive Landscape- including Gerresheimer AG, Amcor Ltd., Berry Plastics Group, Inc., Aptar Group Inc., and O. Berk Company LLC among others.

Pharmaceutical Plastic Packaging Market Report Segment

By Raw Material 

•                 Polypropylene (PP)

•                 Polyethylene Terephthalate (PET) 

•                 Low Density Polyethylene (LDPE) 

•                 High Density Polyethylene (HDPE)

By Product Type

•                 Solid Containers

•                 Dropper bottles

•                 Nasal Spray Bottles   

•                 Liquid Bottles   

•                 Oral Care   

•                 Pouches   

•                 Vials and Ampoules   

•                 Cartridges   Syringes   

•                 Other (Caps and Closures)

A full Report of Pharmaceutical Plastic Packaging Market is Available @  https://www.omrglobal.com/industry-reports/pharmaceutical-plastic-packaging-market

Pharmaceutical plastic packaging Market Report Segment by Region

North America                                                                                                           

·        United States

·        Canada                     

Europe

·        UK

·        Germany

·        Spain

·        France

·        Italy

·        Rest of Europe

Asia-Pacific

·                  India

·                  China

·                  Japan              

·                  South Korea

·                  Rest of APAC

Rest of the World

•       Latin America

•       Middle East and Africa 

Company Profiles

•                 Berk Company LLC

•                 Comar LLC

•                 Drug Plastics Group

•                 EPL Ltd.

•                 Gerresheimer AG

•                 Gil Plastic Products Ltd.

•                 Huhtamaki India Ltd.

•                 Klockner Pentaplast Group

•                 Nipro India Corporation Pvt. Ltd.

•                 Origin Pharma Packaging

•                 Parekhplast India Ltd.

•                 Pretium Packaging

•                 SCHOTT Pharmaceutical Packaging

•                 SGD Pharma

•                 UFlex Ltd.

•                 West Pharmaceutical Services Inc.

Reasons to buy from us –

1.  We cover more than 15 major industries, further segmented into more than 90 sectors.

2.  More than 120 countries are for analysis.

3.  Over 100+ paid data sources mined for investigation.

4.  Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/pharmaceutical-plastic-packaging-market

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

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