Europe Pharmaceuticals Packaging Market Size & Share | 2031

Segments - Europe Pharmaceuticals Packaging Market by Material Types (Glass, Paper & Paperboard, Plastic, Metals, and Others), Product Types (Vials & Ampoules, Syringes, Pharmaceutical Caps & Closures, Bottles, Pouches, Medication Tubes, Pharmaceuticals Labels, and Others), and Geography (Russia, France, Germany, Italy, and United Kingdom) - Europe Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

Author : Riddhesh Dani

Fact-checked by : Harneet Meher

Editor : Shruti Bhat

Report Description

Europe Pharmaceuticals Packaging Market Outlook

The Europe Pharmaceuticals Packaging Market size was valued at USD 25.58 Billion in 2022 and is expected to surpass USD 39.14 Billion by 2031, expanding at a CAGR of 4.84% during the forecast period, 2023 – 2031. The growth of the market is attributed to the using smart packaging, growing usage of environmental friendly and energy saving packaging as well as product innovation.

Pharmaceuticals packaging is the packaging process for pharmaceuticals preparations, which includes all the activities from production through distribution channels to the end consumer. Packaging is mostly involved in dosing, dispensing, and use of the pharmaceuticals products.

Different pharmaceutical gases, liquids, and solids are packaged in various types of packages such as bottles, ampoules, sachets, and blister packs.

Pharmaceutical packaging is important to protect and store drugs from damages from external environment, for identification purposes, and for promotion as well as marketing of various brands. Various types of packaging are used for pharmaceuticals products including primary, secondary, and tertiary.

Primary packaging surrounds the pharmaceutical products, whereas secondary and tertiary gives external protection to products. Packaging activities were considered important during covid-19, which benefitted the pharmaceuticals packaging companies.

Europe Pharmaceuticals Packaging Market Trends, Drivers, Restraints, and Opportunities

Increasing product innovation to fulfill new demands is anticipated to push the market growth during the forecast period.
Rapid growth of drug delivery market is main factor propelling the market expansion.
Rising prevalence of chronic diseases and growth in the generic market is projected to boost the market expansion during the forecast period.
High cost of raw materials and packaging cost is estimated to impede the market growth in the coming years.
Strict government’s regulations and standard act as major challenge that can hamper the market expansion.
R&D investment and technological advancement in packaging is expected to offer significant opportunities for the market players.

Scope of Pharmaceuticals Packaging Market Report

The report on the Europe pharmaceuticals packaging market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Pharmaceuticals Packaging Market - Europe Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016–2021
Forecast Period	2023–2031
Segmentation	Material Types (Glass, Paper & Paperboard, Plastic, Metals, and Others), Product Types (Vials & Ampoules, Syringes, Pharmaceutical Caps & Closures, Bottles, Pouches, Medication Tubes, Pharmaceuticals Labels, and Others)
Geography	Russia, France, Germany, Italy, and United Kingdom
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	Akrema; Eastman Chemical Company; Exxon Mobil Corp.; Covestro AG; Sumitomo Chemical Co., Ltd.; MOL GROUP; Formosa Plastics Corp.; Schott AG; CCL Industries Inc.; Amcor Ltd.; and Gerresheimer AG

Pharmaceuticals Packaging Market Segment Insights

Plastics segment is projected to account for a large market share

Based on material types, the Europe pharmaceuticals packaging market is divided into glass, paper & paperboard, plastic, metals, and others. The plastics segment is expected to constitute a key share of the market during the forecast period owing to easy handling & transportation along with high compatibility and cost effective solutions for pharmaceuticals packaging.

Plastics are easy moldable and it creates effective barrier against vapor and gas. However, the paper and paperboard segment is anticipated to expand at a rapid pace during the forecast period due to high usage in secondary and tertiary packaging of pharmaceuticals products. Paper and paperboard are majorly used owing to its low cost, sustainability, excellent printability, and wide availability.

Europe Pharmaceuticals Packaging Market Material Types

Plastic bottles segment is projected to hold a key market share

On the basis of product types, the market is segmented into vials & ampoules, syringes, pharmaceutical caps & closures, bottles, pouches, medication tubes, pharmaceuticals labels, and others.

The plastic bottles segment is expected to account for a key share of the market during the forecast period owing to increasing use of oral drug delivery mode due to patient convenience and compliance.

Plastic bottles are suitable for storing drugs in solid and liquid form and can be coupled with required type of caps & closure for different applications.

Europe Pharmaceuticals Packaging Market Product Types

Europe Pharmaceuticals Packaging Market Regional Outlook

Germany is anticipated to dominate the market

On the basis of regions, the Europe pharmaceuticals packaging market is categorized as Russia, France, Germany, Italy, and United Kingdom. The market of Germany is anticipated to expand at an impressive CAGR during the forecast period.

The regional market growth can be attributed to growing need for specialized packaging due to various new product launches and growth of the medical processes with the production of new medicines. The country’s increasing economy as well as government’s initiatives to expand healthcare sector is expected to fuel the market.

Segments

Material Types

Glass
Paper & Paperboard
Plastic
Metals
Others

Product Types

Vials & Ampoules
Syringes
Pharmaceutical Caps & Closures
Bottles
Pouches
Medication Tubes
Pharmaceuticals Labels
Others

Geography

Russia
France
Germany
Italy
United Kingdom

Key Players

Akrema
Eastman Chemical Company
Exxon Mobil Corp.
Covestro AG
Sumitomo Chemical Co., Ltd.
MOL GROUP
Formosa Plastics Corp.
Schott AG
CCL Industries Inc.
Amcor Ltd.
Gerresheimer AG

Competitive Landscape

Key players competing in the Europe pharmaceuticals packaging market include Akrema; Eastman Chemical Company; Exxon Mobil Corp.; Covestro AG; Sumitomo Chemical Co., Ltd.; MOL GROUP; Formosa Plastics Corp.; Schott AG; CCL Industries Inc.; Amcor Ltd.; and Gerresheimer AG. Some of these players are engaged in several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares.

Europe Pharmaceuticals Packaging Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Pharmaceuticals Packaging Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Pharmaceuticals Packaging Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Pharmaceuticals Packaging Market - Supply Chain
  4.5. Global Pharmaceuticals Packaging Market Forecast
     4.5.1. Pharmaceuticals Packaging Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Pharmaceuticals Packaging Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Pharmaceuticals Packaging Market Absolute $ Opportunity
5. Global Pharmaceuticals Packaging Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Pharmaceuticals Packaging Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Pharmaceuticals Packaging Demand Share Forecast, 2019-2026
6. North America Pharmaceuticals Packaging Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Pharmaceuticals Packaging Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Pharmaceuticals Packaging Demand Share Forecast, 2019-2026
7. Latin America Pharmaceuticals Packaging Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Pharmaceuticals Packaging Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Pharmaceuticals Packaging Demand Share Forecast, 2019-2026
8. Europe Pharmaceuticals Packaging Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Pharmaceuticals Packaging Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Pharmaceuticals Packaging Demand Share Forecast, 2019-2026
9. Asia Pacific Pharmaceuticals Packaging Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Pharmaceuticals Packaging Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Pharmaceuticals Packaging Demand Share Forecast, 2019-2026
10. Middle East & Africa Pharmaceuticals Packaging Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Pharmaceuticals Packaging Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Pharmaceuticals Packaging Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Pharmaceuticals Packaging Market: Market Share Analysis
  11.2. Pharmaceuticals Packaging Distributors and Customers
  11.3. Pharmaceuticals Packaging Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Akrema
     11.4.2. Eastman Chemical Company
     11.4.3. Exxon Mobil Corp.
     11.4.4. Covestro AG
     11.4.5. Sumitomo Chemical Co., Ltd.
     11.4.6. MOL GROUP
     11.4.7. Formosa Plastics Corp.
     11.4.8. Schott AG&a