Pharmaceutical Plastic Bottles Market Analysis By Top Players, Share And Forecast Upto 2028
Pharmaceutical plastic bottles are used to pack medicinal products, in order to protect it from contamination, and maintain its efficacy. Global pharmaceutical plastic bottles market is estimated to register significant growth, owing to extensive growth of the healthcare industry.
Global pharmaceutical plastic bottles market is expected to register substantial growth, owing to exponential growth of the healthcare industry. However, increasing demand for eco-friendly, and biodegradable packaging solutions can hamper growth of the target market.
Global pharmaceutical plastic bottles market has been segmented on the basis of bottle type, material, application, colour type, capacity, closure type, end user, and region. On the basis of bottle type, market is segmented into packer bottles, dropper bottles, liquid bottle, and others (boston round bottle, and bullet). Dropper bottles segment includes eye droppers, ear dropper, and nose dropper.
On the basis of application, global pharmaceutical plastic bottles market is segmented into e-liquid, liquid, droppers, oral care, and topical medication. Among application, topical medication segment is expected to register substantial growth over the forecast period.
On the basis of material type, market is segmented into high-density polyethylene (HDPE), low-density polyethylene (LDPE), polyethylene terephthalate (PET), polypropylene (PP), and polyvinyl chloride (PVC). Among material type, polyethylene terephthalate segment is estimated to gain significant traction, owing to growing demand for flexible packaging solutions.
On the basis of colour type, market is segmented into transparent bottles, amber bottles, and milky white bottles. On the basis of capacity, market is segmented into less than 10 ml, 10 – 30 ml, 31 – 50 ml, 51 – 100 ml, and 100 ml & above.
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On the basis of closure type, the global pharmaceutical plastic bottles market is segmented into screw cap, crown cap, friction fit, flat top, hole caps, and metal caps. Among closure type, screw cap segment is expected to experience considerable growth, followed by friction fit caps, owing to their features such as effective barrier properties, coupled with cost effective solutions.
On the basis of end user, market is segmented into pharmaceutical companies, compounding pharmacies, chemical companies, healthcare centres, and pharmaceutical packaging companies. Among end user, pharmaceutical packaging companies segment is estimated to hold significant share of the market.
Market in North America is estimated to register substantial growth, owing to adoption of advanced packaging technologies, such as multi-extruded pharmaceutical plastic bottles in the region, which is expected to drive growth of the target market in the region. Market in Asia Pacific is expected to register significant growth, owing to strong government initiatives for the development of the healthcare industry in countries in the region.
Some of the prominent market players are Gerresheimer AG, AptarGroup Inc., Berry Plastics Corp., Amcor Ltd., Alpha Packaging Inc., COMAR LLC, Drug Plastics & Glass Co., Inc, O. Berk Co. LLC, Pretium Packaging LLC, and Tim Plastics Inc.
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