The Asia-Pacific pharmaceutical packaging market is estimated to grow at a significant CAGR of 9.1% during the forecast period. The market growth is attributed to the increasing demand for drugs in the region owing to the presence of huge geriatric population pool coupled with the rising prevalence of chronic diseases.
A significant rise in the prevalence of diabetes has been witnessed over the years in the region. Increased preferences of people towards insulin in comparison with drugs are fueling the growth of the market. For instance, in 2019, there were around 72.96 million cases of diabetes in adult population of India. With such a high prevalence of diabetes in the region, the demand for insulin increases, which in turn, will create demand for packaging solutions?
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Market Coverage
- Market number available for – 2018-2025
- Base year- 2018
- Forecast period- 2019-2025
- Segment Covered- By Type and By Material
- Regions Covered- Asia-Pacific
- Competitive Landscape- Gerresheimer AG, Nipro Corp., Schott AG, SGD SA, Piramal Enterprise Ltd., and Takemoto Packaging Inc.
Key Questions Addressed by the Report
- What is the market growth rate?
- Which segment/region dominates the market in the base year?
- Which segment/region will project the fastest growth in the market?
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Asia-Pacific Pharmaceutical Packaging Market- Segmentation
By Type
- Primary
- Secondary
By Material Type
- Plastic & Polymer
- Paper & Paperboard
- Others
A full report of Asia-Pacific Pharmaceutical Packaging Market is available at: https://www.omrglobal.com/industry-reports/asia-pacific-pharmaceutical-packaging-market
Asia-Pacific Pharmaceutical Packaging Market– Segment by Region
- China
- Japan
- India
- Rest of Asia-Pacific
Company Profiles
- ASGEN Pharmaceutical Co., Ltd.
- 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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