Global Pharmaceutical Plastic Bottles Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast: 2018–2027
Pharmaceutical Plastic Bottles Market Report offers in-depth insights, revenue details, and other vital information regarding the global pharmaceutical plastic bottles market, and the various trends, drivers, restraints, opportunities, and threats in the target market.
The Pharmaceutical Plastic Bottles Market report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint.
The global pharmaceutical plastic bottles market report has been segmented on the basis of bottle type, material, application, color type, capacity, closure type, end-user, and region.
This report is based on the synthesis, analysis, and interpretation of information gathered regarding the target market from various sources.
Our researchers have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market.
In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in the future.
Pharmaceutical Plastic Bottles Market Overview:
Biosimilars Market was valued at $24 million in 2020 & is projected to reach $34 million by 2030. It is expected to grow at a 5% CAGR between 2021 and 2030.
Pharmaceutical plastic bottles are used to pack medicinal products, in order to protect them from contamination, and maintain their efficacy. The global pharmaceutical plastic bottle market is estimated to register significant growth, owing to the extensive growth of the healthcare industry.
Pharmaceutical Plastic Bottles Market Dynamics:
The global pharmaceutical plastic bottles market is expected to register significant growth, owing to the growing pharmaceutical industry, particularly in developing countries, coupled with increasing demand for blister packaging, which is expected to generate enormous demand for plastic bottles for packaging which in turn will turn drive growth of the target market.
In addition, the innovation of new packaging technologies is one of the key factors driving the growth of the target market. Plastic bottles are lightweight and a cost-effective solution for packaging medicines.
and other pharmaceutical products, hence these factors are estimated to support upward growth of the target market. Increasing usage of dietary supplements and other healthcare products are other factors fuelling demand for pharmaceutical plastic bottles, which is expected to drive the growth of the target market.
However, increasing concerns regarding the usage of plastics, owing to its adverse impact on the environment are driving consumers towards lowering their usage which can limit the growth of the target market to a certain extent.
In addition, stringent government regulations regarding plastic are one of the factors hampering the growth of the global pharmaceutical plastic bottle market.
Pharmaceutical Plastic Bottles Market Regional Insights:
Market in North America is estimated to register significant growth, owing to the increasing application of plastic bottles for packaging healthcare products, and its attributes such as durability, flexibility, and less possibility of product damage, which are expected to propel the growth of the target market in the region over the forecast period.
Market in the Asia Pacific is estimated to register substantial growth, owing to the strong presence of manufacturing industries.
In addition, lower labor costs, and easy availability of raw materials are some factors expected to drive the growth of the target market in the region. Markets in Europe, Latin America, the Middle East, and Africa are expected to register moderate growth in the global pharmaceutical plastic bottle market.
Segmentation and Key Players Operating in Global Pharmaceutical Plastic Bottles Market:
Segmentation by bottle type:
- Packer Bottles
- Dropper Bottles
- Eye Droppers
- Ear Dropper
- Nose Dropper
- Liquid Bottle
- Others (Boston Round Bottle and Bullet)
Segmentation by Application:
- Oral Care
- Topical Medication
Segmentation by material type:
- High-Density Polyethylene (HDPE)
- Low-Density Polyethylene (LDPE)
- Polyethylene Terephthalate (PET)
- Polypropylene (PP)
- Polyvinyl Chloride (PVC)
Segmentation by color type:
- Transparent Bottles
- Amber Bottles
- Milky White
Segmentation by size/capacity:
- Less than 10 ml
- 10 - 30 ml
- 31 - 50 ml
- 51 - 100 ml
- 100 ml & above
Segmentation by closure type:
- Screw Caps
- Crown Caps
- Friction Fit
- Flat Top
- Hole Caps
- Metal Caps
Segmentation by end-user:
- Pharmaceutical Companies
- Compounding Pharmacies
- Chemical Companies
- Healthcare Centres
- Pharmaceutical Packaging Companies
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Gerresheimer AG
- AptarGroup Inc.
- Berry Plastics Corp.
- Amcor Ltd.
- Alpha Packaging Inc.
- COMAR LLC
- Drug Plastics & Glass Co. Inc
- Berk Co. LLC
- Pretium Packaging LLC
- Tim Plastics Inc.
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