The market for pharmaceutical plastic bottles is expanding primarily as a result of customers' growing demand for lightweight pharmaceutical bottles. As an easier-to-transport alternative to glass for pharmaceutical packaging, Honeywell Performance Materials and Technologies, for instance, introduced Aclar Edge multilayer barrier bottles and vials in July 2020. These containers outperform other plastic containers with moisture barriers that are comparable to glass and improved oxygen barriers. Once more, it is anticipated that growing spending in the healthcare and pharmaceutical industries will foster market expansion. According to the Centres for Medicare & Medicaid Services, health spending refers to the total amount spent currently on healthcare (i.e., current health expenditure), which includes both individual and group services (such as prevention and public health services as well as health administration), but not investment spending. The e-commerce sector's explosive growth is expected to create significant growth opportunities in the foreseeable future. The demand for lower prescription medicine pricing, evolving laws, and increased customer expectations are all factors that are promoting the growth of pharmacy e-commerce.
According to Coherent Market Insights, The Pharmaceutical Plastic Bottle Market was valued at USD 8.08 billion in 2021, and it is anticipated to rise at a compound annual growth rate (CAGR) of 4.11% from 2022 to 2030.
Leading Companies in the Pharmaceutical Plastic Bottles Industry:
1. Amcor Limited
The company was started in 1896 and has its main office in Victoria, Australia. Amcor PLC is a packaging business. For the food, beverage, pharmaceutical, and medical sectors, the company offers a comprehensive range of flexible and rigid packaging, specialty cartons, closures, and services.
2. Gerresheimer AG
The business was founded in 1864 and is based in Düsseldorf, Germany. Glass and plastic specialised goods are developed and produced by Gerresheimer AG. The business creates containers for various chemicals and medicines.. An additional plastic container production facility was built by Gerresheimer in India and opened in January 2021. So at its Kosamba factory close to Mumbai, Gerresheimer concentrates on the main plastic pharmaceutical packaging.
3. Berry Group Inc.
The company was started in 1967 and is based in Evansville, Indiana, United States. Products for plastic packaging are created and sold by Berry Global, Inc. In addition to waste bags, lids, tubes, closures, bottles, bowls, bottles, drink cups, plates, and other packaging products, the company sells tapes, adhesives, and other packaging products.
4. Aptar Pharma
The company was established in 1992 and is based in Crystal Lake, Illinois, United States. The business creates, produces, and sells pumps, dispensing closures, and aerosol valves. items from the company are utilised in food, pharmaceuticals, household and industrial items, cosmetics and fragrance, and personal care. Aptar Pharma purchased Metaphase Design Group, Inc. in September 2022.
5. Alpha Packaging
The company was started in 1987 and has its headquarters in St Louis, Missouri, United States. The company sells its goods in the specialty food and beverage, pharmaceutical, personal care, and nutritional industries. Additionally, Alpha Packaging provides container decoration services. Alpha Packaging announced in April 2021 that it has acquired Boxmore Plastics Limited, which is based in Ballyconnell, County Cavan, Ireland.
6. Pro-Pac Packaging Ltd
The company was founded in 1987 and is based in Australia. Pro-Pac Packaging Limited produces and sells biodegradable, flowable, voidfill packaging items in addition to standard industrial packaging items. It produces and sells industrial and protective goods such labels, packaging and specialised tape, labels and stretch, shrink and film cartons.
7. COMAR LLC
The firm was started in 1949 and is based in New Jersey, United States. The company sells oral syringe products, dropper assemblies, bottles, adapters, total dispensing systems, dose cups, and total dispensing systems. In the United States and Puerto Rico, Comar provides services to the medical, pharmaceutical, consumer health care, food, and beverage industries.
Definition: Pharmaceutical plastic bottles are utilised in the packaging of both solid and liquid medicines. Recyclable polymer is utilised in the plastic bottles used for pharmaceuticals. High-quality, transparent bottles are produced using injection-stretch blow moulding techniques.
