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According to the latest publication from Meticulous Research®, the global pharmaceutical packaging market is projected to reach $176.54 billion by 2031 at a CAGR of 7.6% from 2024 to 2031.

In the pharmaceutical industry, drug manufacturing and packaging play crucial roles beyond marketing. Drug packaging is integral to maintaining a product’s shelf life, safeguarding against contamination, and ensuring effectiveness. It also addresses critical concerns such as protecting drugs from bacteria, damage, temperature fluctuations, and environmental factors, while mitigating risks of child poisoning.

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Rising Trend: Paper & Paperboard Packaging

As sustainability becomes a key focus in the pharmaceutical sector, the use of paper and paperboard for packaging is on the rise. Governments worldwide are enforcing sustainable packaging policies, prompting companies to shift towards paper-based solutions to comply with regulations.

Paper is widely utilized in both primary and secondary pharmaceutical packaging. For primary packaging, it is used in applications such as sachets, cartons, and blister pack backing. Paper can be coated or laminated to enhance its barrier properties and protect the medication effectively. For secondary packaging, paper and paperboard are used in folding cartons, corrugated boxes, pouches, and bags.

The growing consumption and production of paper for packaging are driven by its cost-effectiveness compared to other materials. Paper-based laminates can improve the storage duration of pharmaceuticals, making them suitable for modified atmosphere packaging and contributing to the preservation of medication efficacy.

Pharmaceutical companies are innovating packaging designs to meet evolving consumer needs, focusing on accessibility, user-friendliness, and environmental sustainability.

Recent Innovations in Paper Packaging

  • April 2022: Amcor plc (U.S.) introduced sustainable High Shield laminates for pharmaceutical packaging. These innovations offer more sustainable options for sachets, stickpacks, and strippacks, available in both paper-based and polyolefin-based materials.
  • July 2021: Huhtamaki (Finland) launched the Push Tab paper, the first paper-based blister solution for pharmaceuticals, consisting of over 75% paper material and eliminating PVC from blister packs.

Blister Packaging: Growing Market Potential

Blister packs, used for oral solid drugs like tablets and capsules, address concerns associated with traditional packaging by reducing contamination risks and extending shelf life. In Europe, 85% of solid dosage drugs are packaged in blisters, according to Amcor plc (Switzerland). Trends such as e-commerce growth and sustainability are further boosting the demand for blister packaging. The rising approvals of oral solid drugs, mini tablets, and patient-centric packaging are also driving this demand.

Innovation in blister packaging is focused on smart, tamper-evident, and recyclable solutions. Key players are developing new materials to enhance sustainability.

Recent Blister Packaging Innovations

  • November 2023: Schreiner MediPharm L.P. (Germany) and Keystone Folding Box Co (U.S.) unveiled a smart blister pack featuring child-resistant and senior-friendly features, integrating electronics to capture dosing history.
  • October 2023: Perlen Packaging (Switzerland) and ETIMEX Primary Packaging GmbH (Mexico) developed a polypropylene mono blister pack to meet the rising demand for eco-friendly packaging.

Market Insights

According to recent analysis from Meticulous Research®, the pharmaceutical packaging market is projected to reach $176.54 billion by 2031, growing at a compound annual growth rate (CAGR) of 7.6% from 2024 to 2031. The trend towards smart packaging is driving innovation, alongside advancements like automation, digital integration, and anti-counterfeit measures.

North America is expected to maintain a significant market share in 2024, bolstered by a robust pharmaceutical sector and advancements in packaging automation. The region is home to numerous leading pharmaceutical manufacturers and packaging firms, including Catalent, Inc., Corning Inc., and Berry Global Group, Inc., which support widespread adoption of their products.

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Conclusion

The pharmaceutical packaging market is propelled by the expansion of the pharmaceutical sector, increasing demand for drug delivery systems, higher healthcare spending, and a growing emphasis on biosimilars and contract manufacturing. The rise of personalized medicine and self-medication, improved healthcare in emerging markets, heightened pharmaceutical R&D investment, and a focus on vaccine development are also driving growth opportunities in this market. Ultimately, the demand for sustainable packaging solutions and innovations in pharmaceutical packaging are key factors supporting market expansion.

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