Pharmaceutical contract packaging market predicted to reach USD 34.80 billion by 2034
From GlobeNewswire: 2025-05-20 13:30:00
Custom Market Insights has released a new report on the Pharmaceutical Contract Packaging Market, predicting growth from USD 17.35 billion in 2024 to USD 34.80 billion by 2034, with a CAGR of 7.34%. The industry is driven by outsourced packaging demand, increasing drug development, and specialized solutions for regulatory compliance and market delivery.
The market is further fueled by the demand for tamper-evident, anti-counterfeit, and eco-friendly packaging, driven by government regulations and consumer safety awareness. Traceability needs in North America and Europe also contribute to the reliance on third-party packaging services, while digital solutions and automation enhance market efficiency and capacity.
The pharmaceutical industry’s evolving product portfolios, including biologics and personalized medicines, require specialized packaging solutions. CPOs offer expertise to manage product complexity, allowing pharma companies to focus on core business. Regulatory requirements, such as serialization mandates, drive pharma companies to outsource packaging services to ensure compliance and product safety.
The complexity of pharmaceutical product portfolios, including personalized drugs and combination treatments, demands flexible packaging solutions. Contract packagers provide the technical expertise needed to handle diverse product demands efficiently, enabling drug companies to simplify operations and focus on core functions. The rising demand for sustainable and eco-friendly packaging solutions in response to regulatory pressures and environmental concerns drives the adoption of biodegradable materials and recyclable packaging options in the pharmaceutical contract packaging industry. Pharmaceutical companies are focusing on sustainability in their ESG strategies to enhance brand equity and meet investor expectations. Customers are favoring CPOs offering eco-friendly packaging and closed-loop recycling. Sustainability is now a key differentiator in the contract packaging market, influencing buyer decisions. The market is projected to reach USD 34.80 billion by 2034 with a CAGR of 7.34%.
The Pharmaceutical Contract Packaging report includes an overview, industry analysis, and COVID-19 impact study. It offers detailed revenue estimation, company profiles, and growth factors. Key segments include type, material, and region. The market size is projected to grow to USD 34.80 billion by 2034. Buying options for tailored research are available upon request.
Strengths of the pharmaceutical contract packaging market include cost savings, niche services, and compliance readiness. Weaknesses include in-house limitations and communication gaps. Opportunities lie in R&D spending, green packaging, and emerging markets. Threats include digitalization risks, regulatory challenges, and competition. Contract packagers must adapt to evolving market trends to remain competitive and ensure business continuity. The Pharmaceutical Contract Packaging market report answers key questions such as market size, growth rate, driving factors, top companies, categories, fastest-growing segments, and essential players. Offering market share, size, and forecast by revenue, dynamics, segmentation, and competitive landscape. Get a free sample report and company profiles at the provided link.
Pharmaceutical contract packaging market is analyzed regionally, with North America leading due to regulatory environment, investments in drug development, and mature industry. Europe excels in stringent regulations and demand for sustainable packaging. Asia-Pacific experiences rapid growth from generics industry and government support. LAMEA shows potential with increasing healthcare spending and pharmaceutical consumption. In the Middle East, countries like the UAE and Saudi Arabia are investing in local drug production as part of healthcare reforms. Africa is also improving access to healthcare, leading to rising demand for drugs and international collaborations. Despite regulatory issues, the region offers growth opportunities for contract packagers due to FDI and chronic disease rates.
Pharmaceutical contract packaging market in LAMEA region is seeing growth due to rising demand for innovative drug packaging solutions. Foreign direct investment, government incentives, and high chronic disease rates are driving the market. Customized reports are available for tailored research needs, with opportunities for collaboration in media, research papers, and more.
Key players in the Pharmaceutical Contract Packaging Market include Amcor plc, BALL CORPORATION, Nipro Corporation, and Pfizer CentreOne. Other notable companies in the market include CELESTICA INC., West Pharmaceutical Services Inc., and WestRock Company. A free sample report is available for those interested in accessing more information on this growing market.
Spectacular deals are available for those interested in the Pharmaceutical Contract Packaging Market report, with comprehensive coverage, market tables, and figures, subscription-based options, and customization services. A best price guarantee, free post-sale assistance, discounts, service guarantees, and personalized market briefs are also offered to provide the most value to customers. 1. A new study reveals that 70% of Americans are not saving enough for retirement, with many individuals relying solely on Social Security benefits. Experts urge younger generations to start saving early to avoid financial struggles in the future.
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