Pharmaceutical Plastic Packaging Market to Reach $85 Billion by 2030, Driven by Growth in Asia Pacific and Specialized Solutions
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The global pharmaceutical plastic packaging market was valued at USD 54.94 billion in 2023 and is projected to reach USD 85.37 billion by 2030, growing at a CAGR of 6.6%.
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North America dominates the market due to rise in specialized packaging solutions and outsourcing of manufacturing to emerging economies.
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Asia Pacific offers strong growth opportunities, especially in China and India, driven by generics production and contract manufacturing.
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Plastic packaging, especially polyethylene (PE), is widely used in pharmaceuticals due to affordability, durability and resistance to environmental factors.
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Key players include SCHOTT AG, Gerresheimer AG, Amcor, West Pharmaceutical Services, and Aptar Group Inc. among others.