United States Pharmaceutical Contract Packaging Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

United States Pharmaceutical Contract Packaging Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Report Format: PDF+Excel | Report ID: SR112023A6042
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Market Overview:

The United States pharmaceutical contract packaging market is expected to exhibit a CAGR of 7.74% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we 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.

Pharmaceutical contract packaging refers to the process of outsourcing secondary operations of packaging drugs and other pharmaceutical products. It also comprises services, such as secondary packaging, assembling, and labeling of vials, pre-filled syringes and auto-injectors. It assists in supply chain management, regulating production, warehousing, barcoding, designing, fabrication, prototyping and other processes. Besides this, as it is more flexible, profitable, and helps keep up with the changing times, the demand for pharmaceutical contract packaging is rising across the United States.

Pharmaceutical Contract Packaging Market Trends:

The increasing adoption of innovative and environment-friendly packaging methods on account of rising environmental concerns and stringent regulations imposed by governing authorities represent one of the primary factors strengthening the growth of the market in the US. Apart from this, high automation in pharmaceutical contract packaging firms for managing bottle orientation, capping and collation systems are reducing the risk of human handling errors. This, in turn, is positively influencing the market growth in the country. In addition, pharmaceutical contract packaging is a flexible, profitable and effective way of utilizing secondary services, such as labeling vials, assembling, auto-injectors and pre-filled syringes. This, in confluence with the burgeoning pharmaceutical industry and the growing popularity of packets, pouches, bottles, stick packs, folding cartons, sachets, blisters, jars, clamshells and other packages, is fueling the growth of the market in the country.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the United States pharmaceutical contract packaging market, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on industry, type and packaging.

Breakup by Industry:

  • Small Molecule
  • Biopharmaceutical
  • Vaccine
     

Breakup by Type:

  • Sterile
  • Non-Sterile
     

Breakup by Packaging:

  • Plastic Bottles
  • Caps and Closures
  • Blister Packs
  • Prefilled Syringes
  • Parenteral Vials and Ampoules
  • Others
     

Breakup by Region:

  • Northeast
  • Midwest
  • South
  • West
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Million
Segment Coverage Industry, Type, Packaging, Region
Region Covered Northeast, Midwest, South, West
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the United States pharmaceutical contract packaging market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the United States pharmaceutical contract packaging market?
  • What are the key regional markets?
  • What is the breakup of the market based on the industry?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the packaging?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the United States pharmaceutical contract packaging market and who are the key players?
  • What is the degree of competition in the industry?

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United States Pharmaceutical Contract Packaging Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
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