Sustainable Pharma Unveiled: Navigating Growth and Demand Trends

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Sustainable Pharmaceutical Packaging Market 2024
Industry Analysis of Rising Business
Opportunities, Trends, Demand, Growth and
Business Opportunities by 2027 The global
Sustainable pharmaceutical packaging market 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 during the forecast period. The growing
awareness about environmental sustainability and
the need to reduce waste has led to an increase
in demand for sustainable packaging in the
pharmaceutical industry. Also Governments around
the world are implementing regulations to reduce
the environmental impact of packaging and to
promote the use of sustainable packaging
materials are fueling the demand for sustainable
pharmaceutical packaging market. Browse 227
market data Tables and 45 Figures spread through
286 Pages and in-depth TOC on 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
Download PDF Brochure https//www.marketsandmarke
ts.com/pdfdownloadNew.asp?id72534537 The demand
for sustainable pharmaceutical packaging has been
steadily increasing in recent years due to
various factors. Here are some key points to
consider 1. Growing awareness of environmental
concerns There is an increasing global awareness
of environmental issues, including the impact of
traditional packaging materials on ecosystems.
This has led to a rising demand for sustainable
alternatives in various industries, including
pharmaceuticals.
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• Government regulations and initiatives
  Governments and regulatory bodies are
  implementing stricter regulations and guidelines
  regarding packaging waste, recycling, and
  environmental sustainability. These regulations
  encourage pharmaceutical companies to adopt
  sustainable packaging solutions.
• Consumer preferences and corporate
  responsibility Consumers are becoming more
  conscious of their purchasing decisions and are
  increasingly favoring products and brands that
  demonstrate environmentally responsible
  practices. Pharmaceutical companies recognize
  this shift and are investing in sustainable
  packaging options to meet consumer demand and
  enhance their corporate image.
• Cost-effectiveness and efficiency Sustainable
  packaging solutions can often lead to cost
• savings in the long run. By optimizing packaging
  design and reducing material waste,
  pharmaceutical companies can improve their
  operational efficiency and potentially lower
  their overall packaging costs.
• Supply chain considerations Pharmaceutical
  companies are recognizing the importance of
  sustainable practices throughout the entire
  supply chain, including packaging. Sustainable
  packaging can help reduce the carbon footprint
  associated with transportation and logistics,
  contributing to overall sustainability goals.
• Sustainable Pharmaceutical Packaging Market Key
  Players
• There are different players that operate in the
  sustainable pharmaceutical packaging market. The
  major market players 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). among others. Various
  strategies, such as new product launch,
  expansion, and product development are adopted
  by several players to gain a competitive edge to
  increase their global footprint and sustain
  growth in sustainable pharmaceutical packaging
  market.

Gerresheimer 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. Get 10 Free Customization on
this Report https//www.marketsandmarkets.com/req
uestCustomizationNew.asp?id72534537 SCHOTT AG
is a manufacturer of high-tech materials for
specialty glasses. The company operates as a
subsidiary of Carl-Zeiss-Stiftung (Germany). It
operates through four business segments, namely,
precision materials, optical industries, home
appliances, and trade others. The packaging
business is conducted through the precision
materials business division. SCHOTT AG serves a
multitude of industries, ranging from
healthcare, home appliances living, and
consumer electronics to
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semiconductors datacom, optics, industry
energy, automotive, and astronomy aerospace.
SCHOTT established its subsidiary SCHOTT Pharma
to advance its growth strategy for its pharma
business, especially in pharma drug containment
and delivery solutions. SCHOTT Pharmas product
portfolio ranges from drug containment solutions
to drug delivery systems such as pharmaceutical
syringes, cartridges, vials, and ampoules, with
more than 13 billion drug containers produced
every year. SCHOTT AG offers glass tubing and
primary packaging, including syringes, vials,
ampoules, and cartridges, for the pharmaceutical
industry. SCHOTT has manufacturing sites and
sales offices in 34 countries and 600 production
sites in 13 countries. The company has a total of
17,300 employees working globally. 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.

• Table of Contents for Sustainable Pharmaceutical
  Packaging Market
• 1. Introduction of the Sustainable Pharmaceutical
  Packaging Market
• Overview of the Market
• Scope of Report
• Assumptions
• Executive Summary
• Research Methodology of Market Reports
• Data Mining
• Validation
• Primary Interviews
• List of Data Sources

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• 4. Sustainable Pharmaceutical Packaging Market
  Outlook
• Overview
• Market Dynamics
• Drivers
• Restraints
• Opportunities
• Porters Five Force Model
• Value Chain Analysis
• Sustainable Pharmaceutical Packaging Market, By
  Raw aMaterial
• Sustainable Pharmaceutical Packaging Market, By
  Product Type
• Sustainable Pharmaceutical Packaging Market, By
  Geography
• North America
• Europe
• Asia Pacific
• Rest of the World

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