Rigid Plastic Pharmaceutical Packaging Market size was valued at USD 45.5 Billion in 2024 and is forecasted to grow at a CAGR of 5.8% from 2026 to 2033, reaching USD 67.8 Billion by 2033.
The global rigid plastic pharmaceutical packaging market was valued at approximately USD 26.5 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6.3% from 2023 to 2030. The increasing demand for pharmaceuticals, coupled with the growing adoption of rigid plastic materials for their excellent barrier properties and cost effectiveness, is driving the markets expansion. Key product segments in the market include bottles, jars, and containers, which are widely used for packaging oral solid doses, liquids, and injectables. This growth is further supported by the shift toward environmentally sustainable packaging solutions in response to rising environmental concerns and regulatory pressure for eco friendly materials in pharmaceutical packaging.
Regionally, North America dominates the rigid plastic pharmaceutical packaging market, accounting for around 35% of the total market share in 2022. The market in North America is driven by the well established pharmaceutical industry and high demand for drug packaging solutions that ensure safety and convenience. Europe follows closely, with a significant share attributed to increasing pharmaceutical production and regulatory requirements for high quality packaging. The Asia Pacific region is expected to witness the highest growth rate, with a CAGR of 7.1% during the forecast period. This growth is fueled by rapid industrialization, improving healthcare infrastructure, and an expanding pharmaceutical manufacturing base, particularly in China and India. The Latin American and Middle Eastern markets are also anticipated to experience steady growth due to rising healthcare needs and the growth of the regional pharmaceutical industry.
Get | Download Sample Copy with TOC, Graphs & List of Figures @ http://verifiedmarketreports.com/download-sample/?rid=322128&utm_source=Pulse_G_April&utm_medium=226
Â
Amcor PIc
Ball Corp.
Becton Dickinson and Co.
Berry Global Group Inc.
Catalent Inc.
Gerresheimer AG
O-I Glass Inc.SCHOTTAG
West Pharmaceutical Services Inc.
WestRock Co.
Â
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase Of This Report @ https://www.verifiedmarketreports.com/ask-for-discount/?rid=322128&utm_source=Pulse_G_April&utm_medium=226
Growing demand for below applications around the world has had a direct impact on the growth of the Global Rigid Plastic Pharmaceutical Packaging Market
Polyethylene (PE)
Polypropylene (PP)
Polyvinyl Chloride (PVC)
Polyethylene Terephthalate (PET)
Others
Bottles
Vials
Caps and Closures
Syringes
Blister Packs
Prescription Drugs
Over-the-counter (OTC) Drugs
Vaccines
Injectables
Medical Devices
Pharmaceutical Manufacturers
Contract Packaging Companies
Healthcare Providers
Retailers
Distributors
Rigid Packaging
Flexible Packaging
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ https://www.verifiedmarketreports.com/product/rigid-plastic-pharmaceutical-packaging-market/
1. Introduction of the Global Rigid Plastic Pharmaceutical Packaging Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Rigid Plastic Pharmaceutical Packaging Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Rigid Plastic Pharmaceutical Packaging Market, By Type
6. Global Rigid Plastic Pharmaceutical Packaging Market, By Application
7. Global Rigid Plastic Pharmaceutical Packaging Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Rigid Plastic Pharmaceutical Packaging Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Research and Consulting firm servicing over 5000+ US clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/