The pharmaceutical contract packaging market has seen steady growth recently, rising from $31.67 billion in 2024 to $34.44 billion in 2025 with a compound annual growth rate (CAGR) of 8.7%. The increase in the historic period can be accredited to escalating packaging regulations complexity, reduction in time-to-market, demand for specialized packaging solutions, and the globalization of pharmaceutical supply chains. Also, cost savings and operational efficiency due to flexibility in production scale have played crucial roles. The pharmaceutical contract packaging market is set to continue growing, reaching $48.13 billion in 2029 at a compound annual growth rate (CAGR) of 8.7%. The forecasted growth can be attributed to an increased focus on sustainable packaging, the demand for on-demand packaging services, customization and personalization trends, and a need for child-resistant packaging. Other contributing factors are strategic investments in packaging infrastructure, advancements in packaging equipment technology, serialization and track-and-trace compliance, specialization in cold chain packaging, adherence packaging for patient compliance, personalized medicine packaging, investments in digitalization, and industry 4.0.
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What Are The Growth Drivers In The Pharmaceutical Contract Packaging Market?
Increasing elderly population is a key driver in the growth of the pharmaceutical contract packaging market. The population aged 65 and over is speculated to yield demand for easier-to-open but child-resistant packaging, potentially increasing costs and influencing sustainability. For example, in October 2024, the World Health Organization, a Switzerland-based health agency, reported that the population of individuals aged 60 years and older would increase from 1 billion in 2020 to 1.4 billion by 2030 and 2.1 billion by 2050. The number of individuals aged 80 years or older is expected to triple, reaching 426 million by 2050. This significant rise in the elderly population is a driving force in the growth of the pharmaceutical contract packaging market.
What Are The Main Segments In The Pharmaceutical Contract Packaging Market?
1) By Product: Primary Packaging, Secondary Packaging, Tertiary Packaging
2) By Material: Paper And Paperboard, Plastics And Polymers, Aluminum Foil, Glass, Other Materials
3) By Industry: Small Molecule, Biopharmaceutical, Vaccine
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Who Are The Major Players In The Pharmaceutical Contract Packaging Market Segment?
Prominent companies operating in the pharmaceutical contract packaging market include Nipro Corporation, Daito Pharmaceutical Co Ltd., Pfizer CentreOne, Catalent Inc., WestRock Company, BALL CORPORATION, Berlin Packaging, CCL Industries Inc., Co-Pak Packaging Corporation, Signode India Limited, Ropack Pharma Solutions, Reelvision Print Limited, PCI Pharma Services, Multi-Pack Solutions LLC, Unicep Packaging Inc, Reed-Lane Inc., Aphena Pharma Solutions Holdings Inc., Southwest Packaging and Supply Corporation, AbbVie Inc., Almac Group Limited, AmeriPac Inc, Assemblies Unlimited Inc., CentralPharma, DaklaPack Filling & Packaging, DelobrisPharmaceuticals Limited, Elitefill Inc., Finishing Services Inc., Jones Packaging Inc., LABO S.R.L., MJS Packaging Inc., MPH Co-Packing LLC, Nelipak B.V., Pharma Packaging Solutions LLC, Sepha Limited, SternMaid GmbH.
What Are The Trends In The Pharmaceutical Contract Packaging Market?
Technological innovation is a key trend in the pharmaceutical contract packaging market. Major players focus on creating new advancements to increase their market share. For example, in November 2022, Germany-based Gerresheimer AG and Italy-based Stevanato Group launched EZ-fill Smart. This technology provides seamless integration with standard fill & finish operations, accommodating small and large batch production. EZ-fill Smart reduces total cost of ownership (TCO), improves drug packaging quality and shortens lead times while implementing an eco-friendly sterilization method and using biopolymers and recycled plastic.
Which Region Dominates The Pharmaceutical Contract Packaging Market?
In 2024, North America was the largest region in the pharmaceutical contract packaging market. However, Asia-Pacific is expected to be the fastest-growing region during the forecast period. The report provides a comprehensive regional analysis, including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Pharmaceutical Contract Packaging Market Report 2025 Offer?
Pharmaceutical contract packaging is a cost-effective way to present, protect, identify, provide information, ensure compliance, maintain the integrity of the product, and keep it stable. Packaging is crucial for identifying products and protecting them from contamination. The Pharmaceutical Contract Packaging Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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