The global pharmaceutical bottles market is expected to grow at a compound annual growth rate of 4.58% to reach a market size of US$24.581 billion by 2024 from US$18.784 billion in 2018. Pharmaceutical bottles are used by pharmaceutical companies for storage of medical or healthcare products. The rising number of health issues and consumption of medicines are the prime factors expected to drive the market for pharmaceutical bottles. The growing preference amongst the population for safe and convenient packaging of medicines is anticipated to fuel the market growth in the near future. Moreover, growing health consciousness along with increasing routine health check-ups are predicted to further augment the market growth.
Although, technological advancements like the introduction of eco-friendly materials such as glass and sugarcane are anticipated to widen up the growth opportunities for the pharmaceutical bottles market, the strict government regulations regarding the use of plastics are expected to hamper the pharmaceutical bottles market growth to some extent.
The pharmaceutical bottles market has been segmented on the basis of bottle type, application, material, color, end user and geography. In the material segment, HDPE and LDPE are expected to hold a significant market share owing to the wide usage of these materials in medicinal bottles. Geographically, North America is projected to hold a substantial share in the market on account of the presence of major players in the region. The Asia Pacific is also anticipated to grow at a significant rate during the forecast period owing to the augmenting pharmaceutical industry in the region.
DRIVERS
Bolstering pharmaceutical industry.
Growing health consciousness among the general population.
RESTRAINTS
Environment concerns due to difficult recycling.
INDUSTRY UPDATES
In May 2018, Gerresheimer AG expanded its presence South America with a new production facility in the Brazilian state of Goias.
In November 2017, Comar LLC acquired Shore Plastics Technologies Inc.
The major players profiled in the Pharmaceutical Bottles market include Aptar Group Inc., Amcor Ltd., Berry Plastic Group Inc., Comar LLC, Gerresheimer AG, O Berk Company LLC, Tim Plastics Inc., Drug Plastic Group, Pretium Packaging Corporation, and Alpha Packaging.
| Report Metric | Details |
| Market size value in 2018 | US$18.784 billion |
| Market size value in 2024 | US$24.581 billion |
| Growth Rate | CAGR of 4.58% from 2018 to 2024 |
| Base year | 2018 |
| Forecast period | 2019–2024 |
| Forecast Unit (Value) | USD Billion |
| Segments covered | Bottle Type, Application, Material, Color, End User, And Geography |
| Regions covered | North America, South America, Europe, Middle East and Africa, Asia Pacific |
| Companies covered | Aptar Group Inc., Amcor Ltd., Berry Plastic Group Inc., Comar LLC, Gerresheimer AG, O Berk Company LLC, Tim Plastics Inc., Drug Plastic Group, Pretium Packaging Corporation, Alpha Packaging |
| Customization scope | Free report customization with purchase |
Segmentation
The pharmaceutical bottles market has been analyzed through the following segments:
Frequently Asked Questions (FAQs)
Q1. What will be the pharmaceutical bottles market size by 2024?
A1. The global pharmaceutical bottles market is expected to reach a total market size of US$24.581 billion in 2024.
Q2. What are the growth prospects for pharmaceutical bottles market?
A2. The pharmaceutical bottles market is expected to grow at a CAGR of 4.58% during the forecast period.
Q3. What is the size of global pharmaceutical bottles market?
A3. Pharmaceutical Bottles market was valued at US$18.784 billion in 2018.
Q4. What factors are anticipated to drive the pharmaceutical bottles market growth?
A4. The rising number of health issues and the consumption of medicines are the prime factors expected to drive the market for pharmaceutical bottles.
Q5. Which region holds the largest market share in the pharmaceutical bottles market?
A5. Geographically, North America is projected to hold a substantial share in the pharmaceutical bottles market on account of the presence of major players in the region.
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. KEY FINDINGS
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. PHARMACEUTICAL BOTTLESMARKET BY BOTTLE TYPE
5.1. Dropper Bottles
5.2. Packer Bottles
5.3. Boston Round Bottles
5.4. Others
6. PHARMACEUTICAL BOTTLES MARKET BY APPLICATION
6.1. Oral Care
6.2. Liquid Medicines
7. PHARMACEUTICAL BOTTLES MARKET BY MATERIAL
7.1. PET
7.2. LDPE
7.3. HDPE
7.4. PVC
8. PHARMACEUTICAL BOTTLES MARKET BY COLOR
8.1. Transparent
8.2. Amber
8.3. White
9. PHARMACEUTICAL BOTTLES MARKET BY END USER
9.1. Pharmaceutical Companies
9.2. Heath care centers
9.3. Chemical Companies
9.4. Others
10. PHARMACEUTICAL BOTTLES MARKET BY GEOGRAPHY
10.1. North America
10.1.1. USA
10.1.2. Canada
10.1.3. Mexico
10.2. South America
10.2.1. Brazil
10.2.2. Argentina
10.2.3. Others
10.3. Europe
10.3.1. Germany
10.3.2. France
10.3.3. United Kingdom
10.3.4. Spain
10.3.5. Others
10.4. Middle East and Africa
10.4.1. Saudi Arabia
10.4.2. Israel
10.4.3. Others
10.5. Asia Pacific
10.5.1. China
10.5.2. Japan
10.5.3. South Korea
10.5.4. India
10.5.5. Others
11. COMPETITIVE INTELLIGENCE
11.1. Competitive Benchmarking and Analysis
11.2. Recent Investmentss and Deals
11.3. Strategies of Key Players
12. COMPANY PROFILES
12.1. Aptar Group Inc.
12.2. Amcor Ltd.
12.3. Berry Plastic Group Inc.
12.4. Comar LLC
12.5. Gerresheimer AG
12.6. O Berk Company LLC
12.7. Tim Plastics Inc.
12.8. Drug Plastic Group
12.9. Pretium Packaging Corporation
12.10. Alpha Packaging
LIST OF FIGURES
LIST OF TABLES
Aptar Group Inc.
Amcor Ltd.
Berry Plastic Group Inc.
Comar LLC
Gerresheimer AG
O Berk Company LLC
Tim Plastics Inc.
Drug Plastic Group
Pretium Packaging Corporation
Alpha Packaging
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