Pharma Supply Chain Sustainability: Packaging Focus

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Investment Opportunities in the Growing
Sustainable Pharmaceutical Packaging Market
The report "Sustainable Pharmaceutical Packaging
Market by Raw Material (Plastics, Paper
paperboard, Glass, Metal), Product Type, Process
(Recyclable, Reusable, and Biodegradable),
Packaging Type(Primary Packaging), and Region -
Global Forecast to 2027", size is projected to
grow from USD 71.6 billion in 2022 to USD 146.3
billion by 2027, at a CAGR of 15.4. The scope
of sustainable pharmaceutical packaging
encompasses the design, production, and
implementation of packaging materials and systems
for pharmaceutical products. This includes areas
such as eco-friendly materials, packaging
optimization, recycling, innovation, and supply
chain collaboration. The industry aims to
address environmental concerns, comply with
regulations, fulfill corporate social
responsibility, and meet the expectations of
patients and consumers. The sustainable
pharmaceutical packaging industry focuses on
environmentally friendly packaging solutions for
medications. It is significant within the
packaging industry due to environmental concerns,
regulatory requirements, corporate social
responsibility, and patient expectations. The
scope includes eco- friendly materials,
packaging optimization, recycling, innovation,
and supply chain collaboration. It presents
opportunities for innovation and market
differentiation. Download PDF Brochure
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"Sustainable Pharmaceutical Packaging
Market" 227 Tables 45 Figures 286
Pages The sustainable pharmaceutical packaging
market is segmented based on packaging type,
product type, process, raw material, and region.
The sustainable pharmaceutical packaging market,
based on region, is segmented into North
America, Europe, Asia Pacific, Middle East
Africa, and South America. The sustainable
pharmaceutical packaging industry has been
growing due to stringent laws and regulations
levied by governments and governing bodies, as
well as a shift in consumer preferences towards
recyclable and eco-friendly
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packaging materials. Downsizing of packaging and
breakthrough in new technologies are driving the
sustainable pharmaceutical packaging market
globally. However, the high cost of recycling and
the poor infrastructure available for recycling
processes are likely to hamper the growth of this
market.
Based on raw material, metal is projected to
register the third largest market share during
the forecast period. The metal packaging market
has been advancing recently, and an increasingly
diverse range of metal packaging materials is
being applied. Metal is the most versatile of
all packaging forms. It offers a combination of
excellent physical protection and barrier
properties, formability and decorative potential,
recyclability, and consumer acceptance. Raw
materials used in metals, such as steel and
aluminum, with their recyclable properties, are a
grade above other packaging materials, such as a
polymer. Both aluminum and steel are non-toxic
materials. Request Sample Pages
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.asp?i d72534537 Based on process, reusable is
projected to register the third highest CAGR
during the forecast period. Reusable packaging
can be defined as a particular type of packaging
that can be used multiple times without
impairing its protective function. Such packaging
is more expensive than single-use packaging, as
it has more strength and durability. However, as
it can be reused, it need not be dumped after
use, thus
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reducing waste. Also, because it is more robust
than ordinary packaging, it offers better
protection for the product. Some advantages and
drivers of reusable packaging include lesser
overall packaging costs, reduced product damage
of expensive products, and cheaper labor costs.
The reusable packaging does not require to be
dumped in landfills and prevention of waste from
entering the solid waste stream. Based on
packaging type, primary packaging is projected to
register the highest CAGR during the forecast
period. Primary packaging in sustainable
pharmaceutical packaging industry refers to the
first layer of packaging that comes into direct
contact with the drug product. The main goal is
to provide protection and preservation of the
product. Sustainable primary packaging materials
aim to minimize environmental impact, reduce
waste and conserve resources by using
eco-friendly and biodegradable materials like
paper, cellulose, or bioplastics. Additionally,
pharmaceutical companies are adopting innovative
packaging designs, such as lighter weight
packaging and reducing the use of materials, to
reduce waste and minimize their carbon
footprint. The use of reusable and refillable
packaging is also being explored as a way to
reduce waste. Overall, sustainable primary
packaging is a key aspect in the push towards a
more environmentally responsible pharmaceutical
industry. Based on region, South America is
projected to register the second highest CAGR
during the forecast period. South America is a
region that is increasingly focused on
sustainability and the pharmaceutical industry
is no exception. Pharmaceutical companies in
South America are exploring innovative ways to
reduce their environmental footprint and improve
sustainability in their packaging. In recent
years, there has been a growing interest in
eco-friendly packaging options such as
biodegradable plastics, recyclable plastics,
paper-based packaging, and reusable
containers. Additionally, the regulatory
landscape in South America is becoming more
stringent with regards to environmental
protection and sustainability. Governments are
imposing stricter regulations on packaging waste
and sustainability practices, leading to a shift
towards more sustainable packaging solutions. An
increase in recycling collection processes for
waste materials can lead to the growth of the
sustainable pharmaceutical packaging market. This
is because recycling can help to reduce the
amount of waste generated by the pharmaceutical
industry and promote the use of environmentally
friendly packaging materials. Inquiry
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Key Market Players The key players in the
pharmaceutical packaging market include Schott
AG (Germany), Amcor PLC (Switzerland),
AptarGroup,Inc (US), West Pharmaceutical
Services, Inc. (US), Berry Global (US),
Gerresheimer AG (Germany), Catalent,Inc (US),
and WestRock (US). These players have established
a strong foothold in the market by adopting
strategies, such as new product launches,
investment expansions, agreements,
partnerships, and mergers acquisitions. Gerres
heimer AG is a leading company for medicine
packaging, drug delivery devices, and providing
solutions for pharma. The company is primarily
engaged in the manufacturing and supply of glass
and plastic packaging solutions for the global
pharmaceutical and healthcare industries. It
operates through three business segments,
namely, plastics devices, primary packaging
glass, and advanced technologies. It conducts
its pharmaceutical packaging business through
its primary packaging glass and plastics
devices segments. The company operates 36
manufacturing plants in 16 countries across
Europe, the Americas, and Asia. The operations
are in Mexico, Poland, Switzerland, India,
Singapore, the Czech Republic, Belgium, Brazil,
China, Denmark, France, North Macedonia, Spain,
and the US. It has more than 10,000 employees,
out of which 4,504 are in the plastic devices
segment and 5,333 in the primary packaging glass
segment.