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Global Sustainable Pharmaceutical Packaging Market to reach USD 211.91 billion by the end of 2030

Global Sustainable Pharmaceutical Packaging Market Size Study & Forecast, by Material (Plastic, Paper and cardboard, Glass, Metal), by Sustainability (Recyclable, Reusable, Biodegradable), and Regional Analysis, 2023-2030

Product Code: CMP-12266353
Publish Date: 20-01-2024
Page: 200

Global Sustainable Pharmaceutical Packaging Market is valued at approximately USD 69.13 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 15.03% during the forecast period 2023-2030. Sustainable pharmaceutical packaging involves adopting environmentally conscious practices throughout the packaging lifecycle of pharmaceutical products. This approach encompasses selecting eco-friendly materials, minimizing packaging volume and weight, prioritizing recyclability and biodegradability, and implementing energy-efficient manufacturing processes. Innovations in design and technologies, adherence to regulations, consumer education, responsible supply chain practices, and life cycle assessments contribute to creating packaging solutions that balance product protection with reduced environmental impact. The aim is to foster a circular economy, minimize waste, and promote social responsibility within the pharmaceutical industry. The Sustainable Pharmaceutical Packaging Market is expanding because of factors such as the increase in the number of government initiatives for sustainable packaging, focus on downsizing packaging, along with increasing global consciousness about environmental issues and a growing commitment to sustainability.

In addition, the high growth of the generics and biopharmaceuticals sector is acting as a catalyzing factor for market growth across the globe. Specialized packaging is frequently needed for biopharmaceuticals to preserve product integrity. The patient-centric approach of the biopharmaceutical industry follows sustainable packaging choices that offer characteristics like temperature control and protection against external elements. According to Statista, in 2022, the biopharmaceuticals sector was estimated to account for USD 403.1 billion across the globe, which is projected to constantly rise and is estimated to reach USD 974.5 billion by 2030. Governments may provide incentives or support for sustainable practices in the pharmaceutical industry, encouraging companies in the generics and biopharmaceutical sectors to invest in eco-friendly packaging solutions. Thus, these aforementioned factors are propelling the growth of the Sustainable Pharmaceutical Packaging Market over the estimated period. Moreover, the surge in demand for primary pharmaceutical packaging, as well as the growing R&D activities for recyclable and eco-friendly materials present various lucrative opportunities over the forecast years. However, the poor infrastructure facilities for recycling and the high packaging costs are challenging the market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Sustainable Pharmaceutical Packaging Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the shift in consumer preferences toward recyclable and eco-friendly materials, as well as favorable governmental policies and regulations supporting sustainable packaging practices and environmental conservation. Whereas, Asia Pacific is expected to grow at the highest CAGR over the forecast years. The growing emphasis on environmental protection, coupled with the robust expansion of the pharmaceutical industry are significantly propelling the market demand across the region. The region experiences rapid growth in the pharmaceutical sector driven by a sizable population and escalating healthcare expenditure. This has generated an increased need for sustainable packaging solutions. Companies in the region are channelling substantial investments into research and development to pioneer novel sustainable packaging options, catering to the rising demand from both consumers and healthcare providers.

Major market players included in this report are:
Schott AG
Amcor PLC
AptarGroup Inc.
West Pharmaceutical Services, Inc.
Berry Global Group, Inc.
Gerresheimer AG
Catalent,Inc
WestRock
Stevanato Group
Nipro Corporation

Recent Developments in the Market:
Ø In September 2022, Aptar Pharma introduced an innovative dispensing solution characterized by a mono-material composition, ensuring full recyclability when combined with a PE or PET bottle. This solution is versatile, accommodating a range of viscosities, and offers customization with two dosage options and two neck-size alternatives. Its unique three-part design is available in various colors, adding to its adaptability and aesthetic appeal.
Ø In November 2022, Aptar Pharma announced the company’s partnership with TFF Pharmaceuticals, focusing on the joint development and testing of dry powder vaccines. The initiative leverages TFF Pharmaceutical’s Thin Film Freezing technology in combination with Aptar Pharma’s proprietary intranasal Unidose (UDS) powder nasal spray system for vaccine administration.
Ø In September 2022, Berry Global Group, Inc. unveiled a partnership with Mars Inc. to introduce their well-received pantry-sized treats in polyethylene terephthalate (PET) jars. These containers have been enhanced by incorporating 15% recycled plastic content, specifically Post-Consumer Resin (PCR).

Global Sustainable Pharmaceutical Packaging Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Material, Sustainability, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Material:
Plastic
Paper and cardboard
Glass
Metal

By Sustainability:
Recyclable
Reusable
Biodegradable

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Sustainable Pharmaceutical Packaging Market, by Region, 2020-2030 (USD Billion)
1.2.2. Sustainable Pharmaceutical Packaging Market, by Material, 2020-2030 (USD Billion)
1.2.3. Sustainable Pharmaceutical Packaging Market, by Sustainability, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Sustainable Pharmaceutical Packaging Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Sustainable Pharmaceutical Packaging Market Dynamics
3.1. Sustainable Pharmaceutical Packaging Market Impact Analysis (2020-2030)
3.1.1. Market Drivers
3.1.1.1. Increasing government initiatives for sustainable packaging
3.1.1.2. High growth of generics and biopharmaceuticals sector
3.1.2. Market Challenges
3.1.2.1. Poor infrastructure facilities for recycling
3.1.2.2. High packaging costs
3.1.3. Market Opportunities
3.1.3.1. Surge in demand for primary pharmaceutical packaging
3.1.3.2. Growing R&D activities for recyclable and eco-friendly materials
Chapter 4. Global Sustainable Pharmaceutical Packaging Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Sustainable Pharmaceutical Packaging Market, by Material
5.1. Market Snapshot
5.2. Global Sustainable Pharmaceutical Packaging Market by Material, Performance – Potential Analysis
5.3. Global Sustainable Pharmaceutical Packaging Market Estimates & Forecasts by Material 2020-2030 (USD Billion)
5.4. Sustainable Pharmaceutical Packaging Market, Sub Segment Analysis
5.4.1. Plastic
5.4.2. Paper and cardboard
5.4.3. Glass
5.4.4. Metal
Chapter 6. Global Sustainable Pharmaceutical Packaging Market, by Sustainability
6.1. Market Snapshot
6.2. Global Sustainable Pharmaceutical Packaging Market by Sustainability, Performance – Potential Analysis
6.3. Global Sustainable Pharmaceutical Packaging Market Estimates & Forecasts by Sustainability 2020-2030 (USD Billion)
6.4. Sustainable Pharmaceutical Packaging Market, Sub Segment Analysis
6.4.1. Recyclable
6.4.2. Reusable
6.4.3. Biodegradable
Chapter 7. Global Sustainable Pharmaceutical Packaging Market, Regional Analysis
7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. Sustainable Pharmaceutical Packaging Market, Regional Market Snapshot
7.4. North America Sustainable Pharmaceutical Packaging Market
7.4.1. U.S. Sustainable Pharmaceutical Packaging Market
7.4.1.1. Material breakdown estimates & forecasts, 2020-2030
7.4.1.2. Sustainability breakdown estimates & forecasts, 2020-2030
7.4.2. Canada Sustainable Pharmaceutical Packaging Market
7.5. Europe Sustainable Pharmaceutical Packaging Market Snapshot
7.5.1. U.K. Sustainable Pharmaceutical Packaging Market
7.5.2. Germany Sustainable Pharmaceutical Packaging Market
7.5.3. France Sustainable Pharmaceutical Packaging Market
7.5.4. Spain Sustainable Pharmaceutical Packaging Market
7.5.5. Italy Sustainable Pharmaceutical Packaging Market
7.5.6. Rest of Europe Sustainable Pharmaceutical Packaging Market
7.6. Asia-Pacific Sustainable Pharmaceutical Packaging Market Snapshot
7.6.1. China Sustainable Pharmaceutical Packaging Market
7.6.2. India Sustainable Pharmaceutical Packaging Market
7.6.3. Japan Sustainable Pharmaceutical Packaging Market
7.6.4. Australia Sustainable Pharmaceutical Packaging Market
7.6.5. South Korea Sustainable Pharmaceutical Packaging Market
7.6.6. Rest of Asia Pacific Sustainable Pharmaceutical Packaging Market
7.7. Latin America Sustainable Pharmaceutical Packaging Market Snapshot
7.7.1. Brazil Sustainable Pharmaceutical Packaging Market
7.7.2. Mexico Sustainable Pharmaceutical Packaging Market
7.8. Middle East & Africa Sustainable Pharmaceutical Packaging Market
7.8.1. Saudi Arabia Sustainable Pharmaceutical Packaging Market
7.8.2. South Africa Sustainable Pharmaceutical Packaging Market
7.8.3. Rest of Middle East & Africa Sustainable Pharmaceutical Packaging Market

Chapter 8. Competitive Intelligence
8.1. Key Company SWOT Analysis
8.1.1. Company 1
8.1.2. Company 2
8.1.3. Company 3
8.2. Top Market Strategies
8.3. Company Profiles
8.3.1. Schott AG
8.3.1.1. Key Information
8.3.1.2. Overview
8.3.1.3. Financial (Subject to Data Availability)
8.3.1.4. Product Summary
8.3.1.5. Recent Developments
8.3.2. Amcor PLC
8.3.3. AptarGroup, Inc
8.3.4. West Pharmaceutical Services, Inc.
8.3.5. Berry Global Group, Inc.
8.3.6. Gerresheimer AG
8.3.7. Catalent,Inc
8.3.8. WestRock
8.3.9. Stevanato Group
8.3.10. Nipro Corporation
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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