Parenteral Packaging Market is expected to witness a robust CAGR of 11.1% And estimated to surpass US$ 24,973.9 Million by 2028

The market for parenteral packaging is primarily driven by the pharmaceutical industry. The market is segmented by material, as it is the easiest to manufacture and cheapest to purchase. The market is highly fragmented by materials and processes used to manufacture them. This segment is divided into plastic-based and glass-encapsulated packaging, which is used for sterile fluids.

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The North American parenteral packaging market is expected to grow at a faster pace than that of the rest of the world. The region holds the largest share of the parenteral packaging market, and the region is projected to continue growing due to the rising prevalence of cancer. The EU and other developing countries are also expected to drive the market.

The market for parenteral packaging has evolved over the years. It is driven by the need for effective packaging solutions and the rise in the number of patients with infections. The global parenteral packaging market is estimated to be valued at US$ 10,759.0 million in 2019 and is expected to witness a robust CAGR of 11.1% during the forecast period (2019 – 2027)

Global Parenteral Packaging Market: Drivers

Increasing prevalence of cancer is expected to propel growth of the global parenteral packaging market over the forecast period. For instance, according to the World Health Organization, the number of new cancer cases diagnosed per year in Africa is expected to grow from over 1 million in 2018 to over 2.1 million in 2040.

Moreover, increasing geriatric population is also expected to aid in growth of the market. For instance, according to the World Health Organization, geriatric population is expected to reach 2 billion by 2050, up from 900 million in 2015.

Market Trends:

Asia Pacific is expected to witness significant growth in the global parenteral packaging market, owing to high prevalence of diabetes in the region. For instance, according to the National Diabetes and Diabetic Retinopathy Survey report published in October 2019, the prevalence of diabetes in India was 11.8% during 2015-2019 and the prevalence of known diabetes cases was 8.0% and new diabetes cases was 3.8% during the period.

Global Parenteral Packaging Market: Restraints

Low availability of raw materials and instability in price of raw materials is expected to hinder growth of the global parenteral packaging market. Moreover, the complex registration process of packaging is also expected to limit the market growth.

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Global Parenteral Packaging Market: Competitive Landscape

Major players operating in the global parenteral packaging market include, Berry Plastics Corporation, Becton Dickinson and Company, Graphic Packaging Group, Gerresheimer AG, MeadWestvaco Corporation, Owens-Illinois, Ompi Stevanato Group, RPC Group, SiO2 Medical Products, Schott AG, Terumo Corporation, MeadWestvaco Corporation, Owens-Illinois, RPC Group, and Graphic Packaging Group.Unilife Corporation Inc., West Pharmaceutical Services, Inc., and Ypsomed Holding AG.

Global Parenteral Packaging Market: Segmentation

On the basis of packaging type, the global parenteral packaging market is segmented into:

• Bags and Bottles
• Ampoules
• Vials
• Prefilled Syringes & Cartridges
• Ready-to-mix-Systems

On the basis of material type, the global parenteral packaging market is segmented into:

• Glass
• Plastic and Polymer
• Poly Vinyl Chloride
• Polyolefin

On the basis of region, the global parenteral packaging market is segmented into:

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East
• Africa

Reasons to Purchase this Report

• Current and future of global Parenteral Packaging Market outlook in the developed and emerging markets
• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
• Regions/countries that are expected to witness the fastest growth rates during the forecast period
• The latest developments, market shares, and strategies that are employed by the major market players

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Table of Contents

1. Research Objective and Assumption
   • Research Objectives
   • Assumptions
   • Abbreviations
2. Market overview
   • Report Description
     • Market Definition and Scope
   • Executive Summary
     • Market Snippet, By Packaging Type
     • Market Snippet, By Material Type
     • Market Snippet, By Region
   • Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
   • Market Dynamics
   • Regulatory Scenario
   • Industry Trend
   • Merger and Acquisitions
   • New Product Approvals/Launch
   • PEST Analysis
   • PORTER’s Analysis
4. Global Parenteral Packaging Market, By Packaging Type, 2016–2027 (US$ Million)
   • Introduction
     • Market Share Analysis, 2019 and 2027 (%)
     • Y-o-Y Growth Analysis, 2017–2027
     • Segment Trends
   • Bags and Bottles
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Million )
   • Ampoules
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Million )
   • Vials
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Million )
   • Prefilled Syringes & Cartridges
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Million )
   • Ready-to-Mix-systems
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Million )
5. Global Parenteral Packaging Market, By Material Type, 2016–2027 (US$ Million)
   • Introduction
     • Market Share Analysis, 2019 and 2027 (%)
     • Y-o-Y Growth Analysis, 2017–2027
     • Segment Trends
   • Glass
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Million )
   • Plastic and Polymer
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Million )
   • Poly Vinyl Chloride (PVC)
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Million )
   • Polyolefin
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Million )
6. Global Parenteral Packaging Market, By Region, 2016–2027 (US$ Million)
   • Introduction
     • Market Share Analysis, By Region, 2019 and 2027 (%)
     • Y-o-Y Growth Analysis, For Regions, 2017–2027
   • North America
     • Market Size and Forecast, By Packaging Type, 2016–2027 (US$ Mn)
     • Market Size and Forecast, By Material Type, 2016–2027 (US$ Mn)
     • Market Size and Forecast, By Country, 2016–2027 (US$ Mn)
       • U.S.
       • Canada
   • Europe
     • Market Size and Forecast, By Packaging Type, 2016–2027 (US$ Mn)
     • Market Size and Forecast, By Material Type, 2016–2027 (US$ Mn)
     • Market Size and Forecast, By Country, 2016–2027 (US$ Mn)
       • Germany
       • U.K.
       • France
       • Italy
       • Spain
       • Russia
       • Rest of Europe
   • Asia Pacific
     • Market Size and Forecast, By Packaging Type, 2016–2027 (US$ Mn)
     • Market Size and Forecast, By Material Type, 2016–2027 (US$ Mn)
     • Market Size and Forecast, By Country, 2016–2027 (US$ Mn)
       • China
       • India
       • Japan
       • Australia
       • South Korea
       • ASEAN
       • Rest of APAC
   • Latin America
     • Market Size and Forecast, By Packaging Type, 2016–2027 (US$ Mn)
     • Market Size and Forecast, By Material Type, 2016–2027 (US$ Mn)
     • Market Size and Forecast, By Country, 2016–2027 (US$ Mn)
       • Brazil
       • Mexico
       • Argentina
       • Rest of Latin America
   • Middle East
     • Market Size and Forecast, By Packaging Type, 2016–2027 (US$ Mn)
     • Market Size and Forecast, By Material Type, 2016–2027 (US$ Mn)
     • Market Size and Forecast, By Country, 2016–2027 (US$ Mn)
       • GCC
       • Israel
       • Rest of Middle East
   • Africa
     • Market Size and Forecast, By Packaging Type, 2016–2027 (US$ Mn)
     • Market Size and Forecast, By Material Type, 2016–2027 (US$ Mn)
     • Market Size and Forecast, By Country, 2016–2027 (US$ Mn)
       • South Africa
       • Central Africa
       • North Africa