The Asia-Pacific pharmaceutical packaging market is estimated to grow at a CAGR of 9.1% during the forecast period. Increasing prevalence of chronic diseases coupled with the rising geriatric population pool creates demand for drugs and medicine for proper treatment. This in turn, creates demand for packaging solutions for the pharmaceutical products. Further, the recent COVID-19 outbreak has also emerged the need for the development of vaccine which is creating demand for vials. For instance, in July 2020, Gerresheimer Group’s plants in Europe, America, and Asia has received initial orders for vials for drugs and vaccines against COVID-19.
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The Asia-Pacific pharmaceutical packaging market is segmented on the basis of type and material. Based on the type, the market is bifurcated into primary pharmaceutical packaging and secondary pharmaceutical packaging. Primary packaging is of great significance in the pharmaceutical industry. Various types of primary packaging involve ampules, vials, blister packaging, and others. Further, on the basis of material type, the market is segmented into plastic & polymer, paper & paperboard, and others which include glass and metal. The plastic & polymer segment is estimated to contribute a significant share to the overall market. A wide range of plastics & polymers such as polyvinyl chloride, polyethylene terephthalate, polypropylene, polyethylene, and others are widely used to manufacture various pharmaceutical packaging products.
Geographically, the Asia-Pacific pharmaceutical packaging market covers the country-level analysis of China, Japan, India and Rest of Asia-Pacific. China is estimated to contribute a prominent share while India is projected to grow at a considerable CAGR during the forecast period. The geriatric population pool of the region creates demand for drugs, which in turn, require packaging solutions for storing dugs and medicines. Moreover, the market report covers the analysis of various players operating in the market.
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Asia-Pacific Pharmaceutical Packaging Market Segmentation
By Product Type
- Primary Packaging
- Secondary Packaging
By Material Type
- Plastic & Polymers
- Paper & Paperboard
- Others
Regional Analysis
- China
- India
- Japan
Rest of Asia-Pacific
Company Profiles
- ASGEN Pharmaceutical Co., Ltd.
- Overview
- ASGEN Pharmaceutical Co., Ltd. in Asia-Pacific
- ASGEN Pharmaceutical Co., Ltd. in Pharmaceutical Packaging Landscape
- Recent Developments
- Ajanta Bottle Pvt. Ltd.
- Gerresheimer Group
- Himalayan Group of Industries
- Hindustan National Glass & Industries Ltd.
- Nipro Corp.
- Piramal Enterprises Ltd.
- Schott AG
- SGD SA
- Shandong Pharmaceutical Glass Co., Ltd.
- SVM Enterprises
- Takemoto Packaging Inc.
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