According to the research reports, ‘Europe Pharmaceutical Packaging Market 2020-2027 by Packaging Category (Primary, Secondary, Tertiary), Product, Raw Material, Pharmaceutical Dosage Form, Drug Delivery Mode, End User, and Country: Trend Outlook and Growth Opportunity’ states that the Amcor PLC, AptarGroup, Inc., Becton, Dickinson and Company, Berry Europe Group, Inc., Catalent, Inc., Gerresheimer AG, O-I Glass, Inc. (Owens Illinois, Inc.), Schott AG, West Pharmaceutical Services, Inc., WestRock Company, and many more are some of the major players which are currently operating in the Pharmaceutical Packaging market in Europe by offering various products and services in the market to the other various companies. The report covers the company profile of the above mentioned players on the various parameters such as company overview, key business strategy, key product offerings, financial performance, key performance indicators, risk analysis, recent developments, regional presence, SWOT analysis and many more.
The market is further segmented by Packaging Category (Primary Packaging, Secondary Packaging, and Tertiary Packaging), by Product Type (Plastic Bottles, Blister Packs, Pre- Filled Syringes, Closures & Caps, Secondary Containers, Labels, Packaging Accessories, Other Products), by Raw Material (Plastic & Polymers, Paer & Paperboards, Glass, Metals, and other Materials), by Pharmaceutical Dosage (Liquid Dosage, Solid Dosage, Semi – Solid and Pressurized Products, and Other Pharmaceutical Dosage forms), by Drug Delivery Mode (Oral Drug Delivery, Injectables, IV Drugs Delivery, Topical Drug Delivery, Transdermal Drug Delivery, Pulmonary Drug Delivery, Nasal Drug Delivery, Ocular Drug Delivery, Other Drugs Delivery Modes) and by End – Users (Pharmaceutical Manufacturers, Contract Packaging Companies, Retail Pharmacies, and Other End Users). Moreover, the market is being also segmented on the basis of regions such as by Germany, UK, France, Spain, Italy, Russia, and other parts of Europe). The report also covers a detailed study on the country level as well which are being presented in the respective regions. The report covers market dynamics of pharmaceutical packaging market at the country level along with the market size on the basis of value and supply and demand.
At this time, the market accounted a negative impact due to severe spread of COVID-19 which led to disturbances in the supply chain which further resulted into the prolonged closures of the factories in the region. Thereby, impacting the logistic facilities adversely and therefore making it challenging for pre-fillable syringes, bottles, vials, blister packaging, and ampoules makers to deliver to the companies operating in the pharma sector.
In the current years, Europe pharmaceutical packaging market recorded to be in USD billion in the year 2020 and in the near future it is anticipated that the market will increase at a single digit CAGR during the forecasting period of 2020-2027. This majorly due to rising coverage for the healthcare, increasing aging population in the region, coupled with the surge in the non-communicable disease. Moreover, it is also expected that the introduction and development of new drug along with the government initiatives will further stimulate innovations in the pharmaceutical packaging market.
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Global Pharmaceutical Packaging Market 2020-2027 by Packaging Category (Primary, Secondary, Tertiary), Product, Raw Material, Pharmaceutical Dosage Form, Drug Delivery Mode, End User, and Region: Trend Outlook and Growth Opportunity
Ankur Gupta, Head Marketing & Communications