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Below are some of the key findings from the pharmaceutical rigid packaging market research report
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The rise in demand for disposable medical products is one of the major factors driving the rigid packaging market for the pharmaceutical sector. Disposable medical products include face masks, gloves, surgical sponges, suction catheters, wraps and bandages, syringes, and applicators and other products. They are manufactured for one-time use and help in the reduction of cross-contamination risks. The global demand for disposable medical products is expected to grow at a CAGR of around 7%. This will drive the demand for plastic resins as they are extensively used as raw materials in the manufacture of medical disposables. Subsequently, the need for medical disposables will drive the rigid packaging demand for the pharmaceutical sector.
The growing popularity of blister packaging is one of the key trends in the rigid packaging market for the pharmaceutical sector. Blister packaging manufacturers widely use pre-formed rigid plastic packaging materials for packaging pharmaceutical products. Blister packaging provides an interface to convey significant information about the product and makes it easier for patients to stick to their medication routines. Moreover, the demand for child-proof and convenient blister packaging is also gaining traction, thus, encourage pharmaceutical packaging companies to develop and innovate new kinds of blister packaging. The rigid packaging market forecast report predicts that fueled by these factors, the market will grow at a CAGR of over 7% during the forecast period.
The rigid packaging market for the pharmaceutical is highly fragmented with multiple players occupying the market share. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this pharmaceutical rigid packaging industry analysis report is designed to aid clients identify and build new growth strategies.
The report offers a complete analysis of various companies including:
According to the global pharmaceutical rigid packaging market analysis, the Americas will account for the largest rigid packaging market share in the pharmaceutical sector. Whereas, the APAC region will account for the highest market growth throughout the forecast period.
The rigid plastic segment will account for the largest pharmaceutical rigid packaging market share during the forecast period. This segment will also account for the highest market growth. Additionally, the report will also provide an accurate prediction of the contribution of the various materials to the growth of the rigid packaging market size in the pharmaceutical sector.
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
PART 05: MARKET LANDSCAPE
PART 06: MARKET SIZING
PART 07: FIVE FORCES ANALYSIS
PART 08: MARKET SEGMENTATION BY MATERIAL USED
PART 09: CUSTOMER LANDSCAPE
PART 10: REGIONAL LANDSCAPE
PART 11: DECISION FRAMEWORK
PART 12: DRIVERS AND CHALLENGES
PART 13: MARKET TRENDS
PART 14: VENDOR LANDSCAPE
PART 15: VENDOR ANALYSIS
PART 16: APPENDIX
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