The pharmaceutical plastic packaging market is expected to grow from USD 62.43 billion in 2025 to USD 110.97 billion by 2034, with a CAGR of 6.6%. This market analysis covers key segments such as plastic bottles, blister packs, pouches, and ampoules & vials, along with a deep dive into material types including polyethylene (HDPE/LDPE), polypropylene (PP), and polyethylene terephthalate (PET). We examine the market dynamics in North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa, highlighting growth opportunities in emerging economies like India and China.
Pharmaceutical Plastic Packaging Market Players
Recent Developments
- In December 2024, a leading global provider of innovative packaging solutions for the pharmaceutical industry, LOG Pharma Primary launched a new barrier eco line which optimizes oxygen scavenging for eco-friendly barrier bottles.
- In October 2024, Berry Globa, packaging solutions provider launched a range of clarified polypropylene (PP) bottles for healthcare applications, which offer enhanced product protection and offer superior sustainability compared to traditional coloured PET pill bottles.
- In October 2024, polyethylene terephthalate (PET) blister packaging, a first-of-its-kind in the healthcare industry was launched by Bayer on its renowned brand, Aleve. This innovative solution marks a stride in environmental stewardship and reduces the carbon footprint of this packaging by 38%.
- In January 2023, TricorBraun acquired Plas-Pak WA, a distributor and maker of plastic packaging situated in Perth, Australia. Plas-Pak WA staff will remain with TricorBraun.
- In March 2023, The ALPLA Group strengthened its position in the global pharmaceutical plastic packaging business by forming a joint venture with Indian Pharma. ALPLA, an international plastic and recycling specialist, and Spanish pharmaceutical plastic packaging manufacturer Inden Pharma are forming a long-term relationship to produce bottles, containers, and closures in clean rooms beginning in March.
- In August 2023, DuPont declared the completion of its acquisition of Spectrum Plastics Group (Spectrum), a reputable world leader in specialist medical devices and componentry.
- In October 2023, Asahi Kasei Paxs film division was split into a new company. Sumitomo Bakelite, a Japanese chemical manufacturing company, has agreed to buy 90% of the shares. To ensure a consistent supply and service of pharmaceutical plastic packaging films, Sumitomo will integrate Asahis processing technology.
- In December 2022, Shriji Polymers (India) Limited, a manufacturer of rigid plastic packaging solutions for the pharmaceutical industry, acquired a controlling stake in Parekhplast India Limited.
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