Jun 7, 2022   SOURCE: BusinessWire

Insights on the Pharmaceutical Contract Packaging Global Market to 2027 - Increasing Utilization of Smart Packaging Solutions is Driving Growth - ResearchAndMarkets.com

The "Pharmaceutical Contract Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.

The global pharmaceutical contract packaging market size reached US$ 18.44 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 29.62 Billion by 2027, exhibiting a CAGR of 8.07% during 2022-2027.

Keeping in mind the uncertainties of COVID-19, they are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor

Drugs need to be packed safely after production to offer optimum pharmacological effects to patients. As a result, pharmaceutical companies worldwide resort to outsourcing of secondary operations, which include labeling and packaging of drugs, to contract firms. These firms also provide secondary services, such as assembling and secondary packaging of vials, auto-injectors, and prefilled syringes. As pharmaceutical contract packaging is relatively flexible, profitable, and helps keep up with the dynamic market scenario, its demand is escalating worldwide

The lack of expertise, budget constraints, and in-house packaging capabilities are major issues encountered by small pharmaceutical companies in the industry. As a result, there is a rise in the demand for pharmaceutical contract packaging services across the globe. Pharmaceutical contract packaging vendors can undertake several types of packaging projects and easily sort issues arising from complex packaging requirements. These vendors are also investing in research and development activities to enhance the quality of their offerings.

In addition, contract packaging service providers are making considerable attempts to offer highly sophisticated packaging facilities and meet the expectations of their clients. Apart from this, the implementation of stringent rules and regulations by the governing authorities of numerous countries regarding the packaging of drugs acts as another growth-inducing factor of the market.

Furthermore, the increasing utilization of smart packaging solutions, such as smart labels, is projected to strengthen the growth of the market

Key Questions Answered in This Report:

  • How has the global pharmaceuticals contract packaging market performed so far and how will it perform in the coming years?
  • What are the key regional markets in the global pharmaceuticals contract packaging industry?
  • What has been the impact of COVID-19 on the global pharmaceuticals contract packaging market?
  • What are the type of packaging in the global pharmaceuticals contract packaging industry?
  • What are the key industries in the global pharmaceuticals contract packaging industry?
  • What are the key product type in the global pharmaceuticals contract packaging industry?
  • What are the various stages in the value chain of the global pharmaceuticals contract packaging industry?
  • What are the key driving factors and challenges in the global pharmaceuticals contract packaging?
  • What is the structure of the global pharmaceuticals contract packaging industry and who are the key players?
  • What is the degree of competition in the global pharmaceuticals contract packaging industry?
  • What are the profit margins in the global pharmaceuticals contract packaging industry?
  • What are the key requirements for setting up a pharmaceuticals contract packaging plant?
  • What are the various unit operations involved in a pharmaceuticals contract packaging plant?
  • What is the total size of land required for setting up a pharmaceuticals contract packaging plant?
  • What are the machinery requirements for setting up a pharmaceuticals contract packaging plant?
  • What are the raw material requirements for setting up a pharmaceuticals contract packaging plant?
  • What are the packaging requirements for pharmaceuticals contract packaging?
  • What are the transportation requirements for pharmaceuticals contract packaging?
  • What are the utility requirements for setting up a pharmaceuticals contract packaging plant?
  • What are the manpower requirements for setting up a pharmaceuticals contract packaging plant?
  • What are the infrastructure costs for setting up a pharmaceuticals contract packaging plant?
  • What are the capital costs for setting up a pharmaceuticals contract packaging plant?

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Pharmaceutical Contract Packaging Industry

5.1 Market Overview

5.2 Market Performance

5.3 Impact of COVID-19

5.4 Price Analysis

5.4.1 Key Price Indicators

5.4.2 Price Structure

5.4.3 Price Trends

5.5 Market Breakup by Industry

5.6 Market Breakup by Type

5.7 Market Breakup by Packaging

5.8 Market Breakup by Region

5.9 Market Forecast

5.10 SWOT Analysis

5.11 Value Chain Analysis

5.12 Porter's Five Forces Analysis

5.13 Regulations in Generic Industry

5.14 Key Market Drivers and Success Factors

6 Market Breakup by Industry

7 Market Breakup by Type

8 Market Breakup by Packaging

9 Market Breakup by Region

10 Competitive Landscape

10.1 Market Structure

10.2 Key Players

11 Pharmaceutical Contract Packaging Process

11.1 Product Overview

11.2 Detailed Process Flow

11.3 Various Types of Unit Operations Involved

11.4 Mass Balance and Raw Material Requirements

12 Project Details, Requirements and Costs Involved

12.1 Land Requirements and Expenditures

12.2 Construction Requirements and Expenditures

12.3 Plant Layout

12.4 Plant Machinery

12.5 Raw Material Requirements and Expenditures

12.6 Transportation Requirements and Expenditures

12.7 Utility Requirements and Expenditures

12.8 Manpower Requirements and Expenditures

12.9 Other Capital Investments

13 Loans and Financial Assistance

14 Project Economics

15 Key Player Profiles

For more information about this report visit https://www.researchandmarkets.com/r/o51qfe