$175+ Bn Pharmaceutical Packaging Markets - Global Forecast to 2031: Growth Driven by Growing Counterfeiting, Implementation of Regulations, and Contract Packaging Trends - ResearchAndMarkets.com
The global pharmaceutical packaging market is projected to reach $176.54 billion by 2031 at a CAGR of 7.6% from 2024 to 2031.
- The global pharmaceutical packaging market is projected to reach $176.54 billion by 2031 at a CAGR of 7.6% from 2024 to 2031.
- However, increasing instances of counterfeit packaging, increasing waste generation due to single-use packaging, and concerns over certain materials leaching into pharmaceutical preparations restrain the growth of this market.
- North America is expected to account for the largest share of the pharmaceutical packaging market.
- In the region in 2024, the U.S. is expected to account for the largest share of the pharmaceutical packaging market in North America.