by Corinne Gangloff
December 16, 2021
Cleveland OH, December 16, 2021 – A new Freedonia Group analysis of the global pharmaceutical market projects a strong outlook for unit-dose containers through 2025 due to their compliance and infection prevention advantages.
Stepped up efforts to improve the adherence of patients to medication schedules – both regularly and for clinical trials – will favor increasing use of blister and strip packs, single dose pouches, and other unit dose containers in oral and topical pharmaceutical packaging.
Through 2025, single dose, prefilled syringes and glass vials will command the fastest unit and revenue growth among all pharmaceutical packaging since they:
Global Pharmaceutical Packaging Market to Exceed $110 Billion in 2025
The Freedonia Group forecasts demand for pharmaceutical packaging to increase 6.0% annually to $112 billion in 2025. Several ongoing and emerging trends will underlie gains, especially steady growth in the value of worldwide pharmaceutical production output, as use of ethical and over-the-counter (OTC) drugs, herbal and non-herbal dietary supplements, and nutritional preparations continues to rise.
Several trends and factors will promote growth in global pharmaceutical production over the next several years, including:
Want to Learn More?
Global Pharmaceutical Packaging is now available from the Freedonia Group. This study provides historical data (2010, 2015, 2020) and demand forecasts for 2025 and 2030 for pharmaceutical packaging in million US dollars (including inflation) by product, geographical region, and selected countries. Unit demand for the same years are provided for most product groups. Material trends (plastic, glass, paper/paperboard, metal/foil) and corporate analysis including market share are also provided.
Products:
Pharmaceutical caps and closures, labels, and packaging accessories are excluded unless otherwise stated.
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