Global Pharmaceutical Packaging Market 2015 Estimated to Grow at a Compound Annual Growth Rate 5.42% by 2022

Global Pharmaceutical Packaging Market 2015

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Deerfield Beach, FL -- (SBWire) -- 08/20/2015 --The Global Pharmaceutical Packaging market is valued at $58.86 billion in 2014 with CAGR of 5.42% and is expected to reach $90.6 billion by 2022. Fast growth of Pharmaceutical industry and drug delivery devices are the key drivers for the growth of Market and increasing packaging cost, Challenges in emerging markets were restraining factors for the market growth.

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The growth of the Market lies in Pharmaceutical containers and other services in rising markets. The main impact on market can be analysed from provider view point.

Global Pharmaceutical Packaging market is segmented by Material, by Type, by Drug and by Geography. Based on Material, the market is segmented into Glass, Paper & Paperboard, Aluminium Foil and Plastics/Polymers. Based on Type, market is classified into Blister Packs, Pre-Fillable Syringes, Ampoules, Labels & Accessories, Inhalers, Pouches, Canisters, Plastic Bottles, Pouches & Strip Packs, Vials & Ampuls, Medical Specialty Bags and Others. Based on Drug, market is categorized into Pulmonary, Topical, Ocular, Oral Drugs, Transdermal, Nasal and Injectables. Market by geography is segmented into North America, Europe, Asia Pacific and Rest of the World. North America is estimated to grow faster than any other region.

The Key players in the market include, Clondalkin Group Holdings B.V., NYPRO Inc., Aptargroup, Inc., Catalent Pharma Solutions Inc., Intrapac Group, Amcor Ltd., Datwyler Holding Inc., CCL Industries Inc., Capsugel Inc., and Gerresheimer AG.

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