INDIA PHARMACEUTICAL PACKAGING MARKET ANALYSIS

India Pharmaceutical Packaging Market, By Product Type (Specialty Bags( Urinary collection bags, Bile collection bags, Blood bags, Sterile packaging bags, Enteral feeding), Parenteral Container (Bags, Bottles, Ampoules, Vials, Cartridges, Others parenteral container, Others)), By Material Type (Glass, Aluminum foils, Plastics and polymers, Paper & paperboards, Others)

Published In : Sep 2023
Code : CMI5284
Pages :115
Formats :
Excel and PDF
Industry : Packaging

India Pharmaceutical Packaging MarketSize and Trends

India pharmaceutical packaging market is projected to reach around US$ 3.25 Billion by 2030, in terms of revenue, exhibiting a CAGR of 9.7% during the forecast period (2023-2030).

India Pharmaceutical Packaging Market: Trends

Increase in advanced pharmaceutical packaging solution: The rise in prevalence of chronic disease due to the changing lifestyle of consumers and their eating habits is contributing to the demand for various drugs. This, in turn, creates demand for advanced pharmaceutical packaging solutions. Key companies are focusing on the utilization of post-consumer recycled (PCR) material to promote sustainability. Moreover, various companies have developed packaging solutions from compostable material to increase sustainability, and this trend is projected to continue in the near future as well.