The pharmaceutical composite films and bags market is set to grow rapidly, with revenues expected to reach hundreds of millions between 2025 and 2034. This growth is driven by the rising need for chronic disease treatments, the shift toward eco-friendly packaging, and the focus on maintaining drug safety. The expanding e-commerce industry and advances in material science are also boosting the market. In particular, the strong demand for high-barrier films in the pharmaceutical sector is fueling this growth.
Recent Developments
- In September 2024, TekniPlex Healthcare, declared single-use bioprocessing pharmaceutical packaging films. It utilizes advanced material science expertise for the development of the innovation.
- In December 2024, Symphony Environmental introduced innovation of biodegradable resin for plastics industry. It decreases fossils content of plastics and easily recyclable.
Top Companies in the Pharmaceutical Composite Films and Bags Market
- Amcor Plc: It is well-known for developing innovative packaging solutions for complete recycling chances.
- Sealed Air Corporation: It manufactures protective packaging solution to maintain the integrity of the drugs.
- Schott AG: It primarily focuses towards durability of the packaging that enhance the safety during transportation.
- Berry Global Inc.: It is a global producer of plastic packaging for drugs to prevent negative impact of moisture and air.
- 3M Company: It covers a wide range of products packaging to enhance the experience of the consumers.
- Others: West Pharmaceutical Services Inc., Sartorius AG, Gerresheimer AG, Huhtamaki Oyj, Wipak Group, Constantia Flexibles Group GmbH, Mondi Group, Clondalkin Group Holdings B.V., Tekni-Plex Inc., Catalent, Inc. and several others.
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