SEATTLE, July 29, 2021, (MEDGADGET) –Global Biodegradable Pharmaceutical Packaging Market Analysis
Pharmaceutical packaging materials are used to protect pharmaceutical drugs from the environment. The pharmaceutical goods are fully covered by these fabrics, which offer physical and biological defence during packaging, shipping, and delivery. Print, plastic, cardboard (recycled), corn starch gelatine, pectin, wheat bran, and other biodegradable packaging materials are environmentally friendly. Packaging materials are chosen based on the form of the medicinal product in order to provide protection against chemical, mechanical, and biological influences. Main packaging, secondary packaging, and tertiary packaging are the three forms of pharmaceutical packaging. As the first layer of packaging, primary packaging has direct interaction with the product, while secondary and tertiary packaging shield the product from the elements during delivery and logistics (supply).
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In the pharmaceutical sector, the packaging is critical because it prevents drugs from environmental, biochemical, and physical degradation. Due to the growing prevalence of chronic diseases, medication use is increasing, resulting in an increase in non-biodegradable packaging waste. It is important to use biodegradable packaging materials that do not damage the environment in order to minimize such waste. As a result, the global biodegradable pharmaceutical packaging market is projected to expand due to the rising demand for biodegradable packaging materials to reduce waste.
The global biodegradable pharmaceutical packaging market is projected to grow as key players concentrate on technical advances and the growth of novel biodegradable packaging materials. Gerresheimer AG presented their eco-friendly packaging items at Pharmapack 2016 in Paris, France, including containers with green packaging (plastic container made-up from sugarcane), Duma Combi (tablet packaging container with a different compartment for the patient information leaflet), and others. DS Smith PLC has won an award from Global Health and Pharma Magazine in September 2019 for the best ‘Pharmaceutical Packaging Solutions.’ DS Smith PLC has pharmaceutical packaging in both recyclable plastic and paper. The Food and Drug Administration (FDA), the EMA (European Medicines Agency), and the MRHA (Medicines and Healthcare Products Regulatory Authority) all ensure those prescription packaging materials meet regulatory requirements.
The manufacturing sector is expected to fuel demand for biodegradable packaging materials as a result of technological advancements such as 3D printing. Metals, plastics, and rubber are among the packaging materials that can be quickly recycled and reused, thanks to 3D printing technology. The ‘MultiJet 3D Printer,’ for example, is used to create a variety of shipping containers and materials for pharmaceutical and cosmetic packaging.
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The high cost of biodegradable packaging content is one of the major factors limiting the growth of the global biodegradable pharmaceutical packaging market. These products are made up of organic raw materials and must be processed before they can be used as packaging. Due to their higher density, these components are often heavier than non-biodegradable materials. So, as compared to non-biodegradable goods, the expense of refining (converting raw material into finished packaging material) and cost on a weight basis makes these items more costly.
Due to rising waste production, Europe is projected to lead the global biodegradable pharmaceutical packaging market growth over the forecast period. As per the European Commission, about 59 percent of packaging waste is caused by food, pharmaceuticals, household goods, and other products in 2016, with food packaging and pharmaceutical packaging waste accounting for 39.9% of total waste. The biodegradable packaging material market in Europe is expected to rise due to the rising demand for biodegradable packaging materials to replace non-degradable packaging materials in order to reduce waste.
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Major players like Berry Plastics Corporation are focusing on developing biodegradable packaging materials for industries like pharmaceuticals and others, which is projected to drive the global biodegradable pharmaceutical packaging market in North America. Berry Plastics Corporation, in collaboration with the USDA’s ARS (Agricultural Research Service), conducted in-house research in June 2011 to develop innovative packaging technologies using PLA and Sugar Beet Pulp. They are also concentrating on developing more biodegradable packaging.
Key companies contributing in the global biodegradable pharmaceutical packaging market are DS Smith PLC, Berry Plastics Corporation, Gerresheimer AG, Amcor PLC, Smurfit Kappa, Bemis Company, Inc., and Rengo Co., Ltd.
Table of Content
Global Biodegradable Pharmaceutical Packaging Market Research Report
Section 1: Global Biodegradable Pharmaceutical Packaging Industry Overview
Section 2: Global Economic Impact on Biodegradable Pharmaceutical Packaging Industry
Section 3: Global Market Competition by Industry Producers
Section 4: Global Productions, Revenue (Value), according to Regions
Section 5: Global Supplies (Production), Consumption, Export, Import, geographically
Section 6: Global Productions, Revenue (Value), Price Trend, Product Type
Section 7: Global Market Analysis, on the basis of Application
Section 8: Biodegradable Pharmaceutical Packaging Market Pricing Analysis
Section 9: Market Chain, Sourcing Strategy, and Downstream Buyers
Section 10: Strategies and key policies by Distributors/Suppliers/Traders
Section 11: Key Marketing Strategy Analysis, by Market Vendors
Section 12: Market Effect Factors Analysis
Section 13: Global Biodegradable Pharmaceutical Packaging Market Forecast
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