The Pharmaceutical Packaging Market was valued at $98.89 billion in 2023. This market is expected to reach $176.54 billion by 2031, from an estimated $105.73 billion in 2024, at a CAGR of 7.6% during the forecast period 2024-2031.
Pharmaceutical packaging plays a critical role in protecting pharmaceutical products, encompassing materials and containers used for the storage and distribution of drugs. It is categorized into three types: primary, secondary, and tertiary packaging. Primary packaging includes containers that come in direct contact with the drug, while secondary and tertiary packaging offer additional layers of protection around the primary packaging.
The market’s growth is primarily driven by the expanding pharmaceutical sector, increasing demand for drug delivery devices, rising healthcare expenditure, growing interest in biosimilars, the increasing prevalence of contract manufacturing and packaging, and a rise in the aging population coupled with the growing incidence of chronic diseases. However, the market faces challenges from the growing issue of counterfeit packaging, waste generation due to single-use materials, and concerns about certain materials contaminating pharmaceutical products.
Opportunities for growth in the pharmaceutical packaging market include the growing adoption of personalized medicines and self-medication, improvements in healthcare infrastructure in emerging economies, rising pharmaceutical R&D spending, and increased focus on vaccine development and coverage. However, shifting regulatory frameworks and evolving market demands pose challenges to this sector.
Leading Companies in the Pharmaceutical Packaging Market:
- Amcor plc (Switzerland)
Established in 1860 and based in Zurich, Amcor plc provides packaging solutions for various sectors, including pharmaceuticals. Operating through its Flexibles and Rigid Packaging divisions, Amcor serves markets such as healthcare, food, and personal care. With a presence in over 41 countries and 218 sites, its key subsidiaries include Amcor Packaging (U.S.A), Amcor Flexibles Inc., and Bemis Packaging Inc. - AptarGroup, Inc. (U.S.)
Headquartered in Illinois, AptarGroup, Inc. designs and manufactures drug delivery and consumer product solutions. The company operates through three segments, including Aptar Pharma, which provides pharmaceutical packaging for prescription drugs, injectables, and consumer healthcare products. AptarGroup operates 22 manufacturing facilities worldwide and has a presence in over 20 countries. - Becton, Dickinson and Company (U.S.)
Founded in 1897, Becton, Dickinson and Company (BD) is a leading provider of medical devices and laboratory equipment. The company’s pharmaceutical packaging offerings are delivered through its BD Medical segment. BD has manufacturing sites in several countries, including Brazil, China, Germany, and India, and serves a global market.
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- Gerresheimer AG (Germany)
Headquartered in Düsseldorf, Gerresheimer AG specializes in packaging and drug delivery systems. The company operates across three divisions—Plastics & Devices, Primary Packaging Glass, and Advanced Technologies. Its product range includes syringes, vials, and medication pumps. Gerresheimer has a global footprint with facilities in countries like Belgium, India, China, and the U.S. - Corning Inc. (U.S.)
Corning Inc., founded in 1851, manufactures products using glass and ceramic technologies. The company’s Life Sciences segment, which offers packaging solutions for drugs, vaccines, and biologics, drives its involvement in the pharmaceutical packaging market. Corning operates facilities in multiple countries, including the U.S., France, Brazil, and China. - Schott Pharma AG & Co. KGaA (Germany)
Established in 2022 as a subsidiary of Schott AG, Schott Pharma AG & Co. KGaA focuses on drug containment and delivery systems. The company’s offerings include syringes, vials, and ampoules, and it operates 16 manufacturing sites globally. Schott Pharma has a presence in key markets such as the U.S., China, and India. - Berry Global Group, Inc. (U.S.)
Founded in 1967, Berry Global Group, Inc. is a global supplier of rigid and flexible packaging products. The company’s pharmaceutical packaging offerings are delivered through its Consumer Packaging divisions. With more than 250 facilities worldwide, Berry Global operates in regions including the U.S., Europe, and Asia. - SGD Pharma (France)
SGD Pharma, founded in 1896 and headquartered in Paris, specializes in glass pharmaceutical packaging. The company’s product line includes vials, ampoules, and droppers, manufactured in five global plants located in France, Germany, India, and China. - Catalent, Inc. (U.S.)
Catalent, Inc., established in 2007, provides solutions for drug development and manufacturing. Its pharmaceutical packaging offerings are part of its Biologics and Pharma & Consumer Health segments. Catalent operates 52 manufacturing facilities globally and serves markets across the Americas, Europe, and Asia. - WestRock Company (U.S.)
Formed in 2015, WestRock Company is a leader in fiber-based packaging solutions. The company operates in the pharmaceutical packaging market through its Corrugated Packaging and Consumer Packaging segments. WestRock has a global presence with operations in countries including Japan, Brazil, and India.
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