North America Pharmaceutical Contract Packaging Market Size

Contract pharmaceutical packaging

According to IMARC Group’s latest report, “North America Pharmaceutical Contract Packaging Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which includes packaging insights pharmaceutical company under contract in North America. market share. The report also includes competitor and regional analysis, as well as contemporary advancements in the global market. The size of the pharmaceutical contract packaging market in North America reached US$7.4 billion in 2021. Looking ahead, IMARC Group expects the market to reach US$12.2 billion in 2021. by 2027, showing a growth rate (CAGR) of 7.88% during the period 2022-2027.

Industry Overview:

Pharmaceutical contract packaging includes third party packaging services, facilities and equipment that are offered for pharmaceutical products. Some of the commonly used packaging products include bottles, packets, pouches, pouches, stick packs, folding cartons, jars, etc. Pharmaceutical contract packaging assistance in warehousing, bar coding, supply chain management, regulated production, design, prototyping and manufacturing of pharmaceutical products.

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Market trends:

In North America, the expansion of the pharmaceutical sector, along with the wide availability of over-the-counter and prescription drugs, is increasing the contract pharmaceutical packaging market. Additionally, several healthcare facilities are adopting pharmaceutical contract packaging to provide essential services such as assembly, secondary packaging, and labeling of prefilled syringes, vials, and auto-injectors. Additionally, implementation of stringent regulations by Food and Drug Administration (FDA) for safe drug packaging is also propelling the market growth in the region. In the coming years, the emergence of smart packaging solutions, such as smart labels, will continue to drive the North American pharmaceutical contract packaging market.

Competitive Analysis and Segmentation of the North America Pharmaceutical Contract Packaging Market 2022-2027:

Competitive landscape with key players:

The competitive landscape of North America Pharmaceutical Contract Packaging Market has been studied in the report along with the detailed profiles of key players operating in the market.

Some of these key players include:

• AB Volvo (STO: VOLV-B)
• Ashok Leyland (Hinduja group)
• BYD Company Limited (SHE: 002594)
• Cubic society
• Daimler AG (ETR: DAI)
• MAN SE (Volkswagen AG)
• Marcopolo SA (BVMF: POMO4)
• Tata Motors Limited (Tata Group) (NSE: TATAMOTORS)
• Xiamen King Long Motor Group Co. Ltd. (SHA: 600686)
• Zhengzhou Yutong Bus Co. Ltd. (SHA: 600066)

Key Market Segmentation:

The report has segmented the North America pharmaceutical contract packaging market on the basis of industry, type, packaging and country.

Breakdown by industry:

• Small Molecule
• Biopharmaceutical
• Vaccine

Breakdown by type:

• Sterile
• Not sterile

Breakdown by packaging:

• Plastic bottles
• Caps and closures
• Bandage packs
• Pre-filled syringes
• Parenteral vials and ampoules

Breakdown by country:

• United States
• Canada

Explore the full report with table of contents and list of figures:

Main highlights of the report:

• Market performance (2016-2021)
• Market Outlook (2022-2027)
• Market trends
• Market drivers and success factors
• Impact of COVID-19
• Value chain analysis
• Complete mapping of the competitive landscape

If you need specific information that is not currently covered in the report, we will provide it to you as part of the customization.

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