Global Pharmaceutical Packaging Market Size & Outlook
Global pharmaceutical packaging market, 2018-2030 (US$M)
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Global pharmaceutical packaging market highlights
- The global pharmaceutical packaging market generated a revenue of USD 139,371.7 million in 2023 and is expected to reach USD 265,702.3 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 9.7% by 2030.
- In terms of segment, plastics & polymers accounted for a revenue of USD 51,268.2 million in 2023.
- Glass is the most lucrative material segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 139,371.7 million |
| Market revenue in 2030 | USD 265,702.3 million |
| Growth rate | 9.7% (CAGR from 2023 to 2030) |
| Largest segment | Plastics & polymers |
| Fastest growing segment | Glass |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Plastics & Polymers, Paper & Paperboard, Glass, Aluminum Foil |
Other key industry trends
- In terms of revenue, the North America accounted for 35.2% of the global pharmaceutical packaging market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Mexico is the fastest growing regional market and is projected to reach USD 3,086.7 million by 2030.
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Pharmaceutical Packaging Market Scope
Pharmaceutical Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global pharmaceutical packaging market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to pharmaceutical packaging market will help companies and investors design strategic landscapes.
Plastics & polymers was the largest segment with a revenue share of 36.79% in 2023. Horizon Databook has segmented the Global pharmaceutical packaging market based on plastics & polymers, paper & paperboard, glass, aluminum foil covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Pharmaceutical Packaging Material Outlook (Revenue, USD Million, 2018-2030)
- Plastics & Polymers
- Polyvinyl Chloride (PVC)
- Polypropylene (PP)
- Homo
- Random
- Polyethylene Terephthalate (PET)
- Polyethylene (PE)
- HDPE
- LDPE
- LLDPE
- Polystyrene (PS)
- Others
- Paper & Paperboard
- Glass
- Aluminum Foil
- Others
- Plastics & Polymers
- Global Pharmaceutical Packaging Product Outlook (Revenue, USD Million, 2018-2030)
- Primary
- Plastic Bottles
- Caps & Closures
- Parenteral Containers
- Syringes
- Vials & Ampoules
- Others
- Blister Packs
- Prefillable Inhalers
- Pouches
- Medication Tubes
- Others
- Secondary
- Prescription Containers
- Pharmaceutical Packaging Accessories
- Tertiary
- Primary
- Global Pharmaceutical Packaging End Use Outlook (Revenue, USD Million, 2018-2030)
- Pharma Manufacturing
- Contract Packaging
- Retail Pharmacy
- Institutional Pharmacy
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Target buyers of Global pharmaceutical packaging market databook
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Our clientele includes a mix of pharmaceutical packaging market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global pharmaceutical packaging market , including forecasts for subscribers. This global databook contains high-level insights into Global pharmaceutical packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global pharmaceutical packaging market size, by region, 2018-2030 (US$M)
Top 10 countries: Pharmaceutical packaging market size, 2023 (US$M)
Global pharmaceutical packaging market share, by material, 2023 & 2030 (%, US$M)
Pharmaceutical packaging market: Opportunity assessment by country
Global pharmaceutical packaging market, by region, 2023 (US$M)
| Material | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 34,966.8 | 37,113.6 | 39,799.5 | 42,857.7 | 45,882.1 | 49,058.1 | 52,501.2 | 56,237.2 | 60,297.0 | 64,711.9 | 69,516.8 | 74,749.6 | 80,453.2 | 7.3% |
| Europe | 24,549.2 | 26,264.2 | 28,323.9 | 30,685.9 | 33,125.9 | 35,727.6 | 38,569.9 | 41,678.4 | 45,080.3 | 48,806.7 | 52,892.0 | 57,373.8 | 62,294.7 | 8.3% |
| Asia Pacific | 24,205.0 | 27,270.6 | 30,686.8 | 34,685.7 | 39,068.2 | 43,972.8 | 49,531.6 | 55,845.0 | 63,019.0 | 71,177.1 | 80,463.1 | 91,043.4 | 103,177.4 | 13.0% |
| Latin America | 4,819.2 | 5,301.9 | 5,782.2 | 6,335.4 | 6,916.1 | 7,543.1 | 8,235.1 | 8,999.2 | 9,843.3 | 10,776.5 | 11,809.3 | 12,953.6 | 14,221.5 | 9.5% |
| MEA | 2,047.3 | 2,233.6 | 2,413.9 | 2,620.5 | 2,834.6 | 3,070.1 | 3,330.2 | 3,615.6 | 3,931.3 | 4,264.1 | 4,629.7 | 5,035.9 | 5,555.5 | 8.8% |
| Overall | 90,587.5 | 98,183.9 | 107,006.3 | 117,185.2 | 127,826.9 | 139,371.7 | 152,168.0 | 166,375.4 | 182,170.9 | 199,736.3 | 219,310.9 | 241,156.3 | 265,702.3 | 9.7% |
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