Packaging is undoubtedly an important part of any product or item that requires handling and transportation. And pharmaceuticals are no exception. Pharmaceutical packaging protects temperature-sensitive products from heat and cold. Also, it offers protection from chemical, physical, and microbial invasion. In this blog post, we cover the top ten players that lead the pharmaceutical packaging industry and are driving the pharmaceutical packaging market growth.
#1 Amcor Plc
Amcor Plc is a global packing firm based in Melbourne, Australia. It specializes in developing and producing rigid containers, specialty cartons, and flexible packaging for the food, beverage, medical devices, and pharmaceutical industries.
Amcor has two reporting segments and four business units. The company’s reporting segments are flexible packaging and rigid plastics, whereas the firm’s business units include North America Specialty Containers, North America Beverages, Latin America, and Bericap Closures. Amcor’s pharmaceutical packaging addresses needs for unit doses, anti-counterfeiting, and sustainability.
#2 Aptargroup, Inc.
Aptargroup, Inc. is a US-based company that produces consumer dispensing packaging and drug delivery services. The company began operations as Werner Die & Stamping in Cary in the 1940s. It was later incorporated into Aptargroup in the early 1900s.
The firm’s pharma segment develops sealing solutions and dispensing systems for major players in the pharmaceutical industry. Also, it sells elastomeric primary packaging components to cater to the increasing pharmaceutical packaging market demand.
#3 Becton
Becton, Dickinson and Company, also known as Becton and BD, is an American technology company specializing in manufacturing and selling medical devices and reagents. The firm aims to advance the world of health by developing innovative services and solutions for patients and healthcare providers.
Becton currently has three business segments: BD Medical, BD Life Sciences, and BD Interventional. BD Medical has expertise in drug container interactions and container integration for different drug therapies.
#4 Berry Global Inc.
Berry Global Inc. is a Fortune 500 firm that manufactures and markets plastic packaging products. Based out of Evansville, Indiana, the company has over 265 manufacturing facilities worldwide and serves over 2,500 clients across healthcare, household, hygiene, and pharmaceutical industries.
Berry Global Inc. operates under three main divisions: Health and Hygiene, Consumer Packaging, and Engineered Materials. The company manufactures a wide range of pharmaceutical products, ranging from medical tapes to pill bottles, all of which are designed to meet the highest regulatory standards.
#5 Catalent, Inc.
Catalent, Inc. is an MNC company headquartered in Somerset, New Jersey. The firm is a leading provider of delivery technologies and drug manufacturing. Also, it offers gene therapies and a wide range of consumer healthcare products.
Catalent supports its partners in introducing 100s of new products and manufacturing billions of doses annually. Besides, the firm is one of the leading pharmaceutical packaging market key players that offer personalized packaging solutions to their partners.
#6 CCL Industries
CCL Industries is an American-Canadian firm that was established in the early 1950s. The company operates under five divisions and has more than 150 manufacturing facilities across the globe. CCL provides packaging and labeling solutions to a wide range of markets. Specific markets the company serves include home products, personal care, industrial chemicals, and the pharmaceutical industry.
#7 Comar, LLC
Comar is a contract manufacturing firm that serves clients across the medical, pharmaceutical, healthcare, and beverage sectors in the U.S. and Puerto Rico. With its distinct blend of innovative thinking and engineering edge, Comar brings novel plastic solutions from concept to reality. Comar specializes in manufacturing dosage cups, dispensing systems, adapters, and oral syringe products.
#8 Nipro Corporation
Nipro Corporation is a leading medical corporation that specializes in renal medical devices, including AVF needles and dialyzers. Also, the firm manufactures top-notch medical-surgical products and provides packaging solutions to leading companies in the pharmaceutical packaging market.
#9 Gerresheimer AG
Gerresheimer AG is a German packaging product manufacturer established in 1864 by Ferdinand Heye. The company has manufacturing facilities in multiple regions, including Europe, America, and Asia. Gerresheimer AG is a leading solutions provider for several pharma, biotechnology, and healthcare companies and develops primary packaging for drugs and cosmetics.
#10 International Paper
Headquartered in Memphis, Tennessee, International Paper is an American paper and pulp company that produces planet-friendly packaging and fiber-based products. The firms cater to clients across several sectors, including e-commerce, personal care, and the pharmaceutical industry.
Conclusion
The pharmaceutical packaging market was valued at USD 103.18 billion in 2021 and is expected to grow to USD 238.89 billion at a CAGR of 9.9% by 2030. Rising technological advancements, growing healthcare infrastructure, and increasing prevalence of advanced manufacturing processes are some primary factors contributing to the market’s growth.