Parenteral Packaging Sector: Growth Drivers and Challenges
Growth Drivers
- Growing Advancements in Pharmaceutical Packaging Materials
- Rising Need Amongst Pharmaceutical Companies for Advanced Pharmaceutical Packaging Materials
Challenges
-
Complex Regulatory Approvals for Commercialization of Packaging Products
Parenteral Packaging Market: Key Insights
|
Base Year |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
5.9% |
|
Base Year Market Size (2024) |
USD 33.44 billion |
|
Forecast Year Market Size (2037) |
USD 70.46 billion |
|
Regional Scope |
|
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of parenteral packaging is evaluated at USD 35.12 billion.
Parenteral Packaging Market size was valued at USD 33.44 billion in 2024 and is set to exceed USD 70.46 billion by 2037, registering over 5.9% CAGR during the forecast period i.e., between 2025-2037.
North America industry is estimated to dominate majority revenue share of 33% by 2037, North America industry is poised to account for largest revenue share of 33% by 2037
The major players in the market are UFP Technologies, Inc., SCHOTT AG, Gerresheimer AG, UDG Healthcare plc, West Pharmaceutical Services, Inc., SiO2 Medical Products Inc., and others.
