The Europe Pharmaceutical Packaging market Market is accounted to reach USD 26,869.7 million by 2024 from 15,923.2 million in 2016, at a CAGR of 6.9% in the forecast period 2017 to 2024.

The major factors driving the growth of this market are rapid growth of the pharmaceutical industry globally, increasing demand for drug delivery devices & blister packaging; technological advancements are boosting the growth of the Europe pharmaceutical packaging market. On the other hand, environmental concerns and recycling issues, growing cost of raw materials, stringent regulations set by various governing bodies may hinder the growth of the market.


The key market players for Europe Pharmaceutical Packaging Market are listed below;

Amcor Limited
Gerresheimer
AG,
Becton,
Dickinson
Company Medtronic
Schott AG,
AptarGroup,
Inc.,
BAUSCH + STR?BEL,
ROBERT BOSCH GMBH
Lonza and DuPont

The market is further segmented into;
product type, ,
application,
raw materials,
and purchase of organization

The Europe pharmaceutical packaging market is segmented on the basis of product type, application, raw materials and purchase of organization. The report provides data for 2015 to 2024, 2016 being the current year while 2017 to 2024 is the forecast period for the report.
The Europe pharmaceutical packaging market is segmented based on product type into plastic bottles, blister packaging, drug delivery devices, labels & accessories, caps & closures, secondary containers, pouches & strips, and others. In 2017, plastic bottles segment is expected to dominate the Europe pharmaceutical packaging market with 21.0% market share and is expected to reach USD 5,927.5 million by 2024, growing at the highest CAGR of 7.6% in the forecast period 2017 to 2024.
The Europe pharmaceutical packaging market is segmented on the basis of application into drug delivery, and veterinary vaccines. In 2017, drug delivery segment is expected to dominate the Europe pharmaceutical packaging market with 79.1% market share and is expected to reach USD 21,383.0 million by 2024, growing at the highest CAGR of 7.0% in the forecast period 2017 to 2024. The drug delivery application is further sub-segmented into oral drugs, injectable, topical, ophthalmic, nasal, pulmonary, transdermal, and others. The veterinary vaccines application is further sub-segmented into livestock vaccines, porcine vaccines, poultry vaccines, canine vaccines, feline vaccines, equine vaccines, aquaculture vaccines, and others.
The Europe pharmaceutical packaging market is segmented on the basis of raw material into plastics, paper and paper board, metals, glass, and others. In 2017, plastics are expected to dominate the Europe pharmaceutical packaging market with 43.5% market share and are expected to reach USD 11,887.5 million by 2024, growing at the highest CAGR of 7.1% in the forecast period 2017 to 2024. Plastics segment is further sub-segmented into high-density polyethylene, polypropylene, low-density polyethylene, and others.
The Europe pharmaceutical packaging market is segmented on the basis of purchase organization into manufacturer, packaging companies, and government agencies. In 2017, manufacturer segment is expected to dominate the Europe pharmaceutical packaging market with 52.0% market share and is expected to reach USD 14,237.7 million by 2024, growing at the highest CAGR of 7.1% in the forecast period 2017 to 2024.
The Europe pharmaceutical packaging market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.
Based on geography, the Europe Pharmaceutical Packaging Market is segmented into geographical regions, such as,
Germany,
United Kingdom,
France,
Spain,
Italy,
Russia,
Turkey,
Belgium,
Nether lands,
Switzerland,
Rest of Europe

Covered in this report
The report covers the present scenario and the growth prospects of the Europe Pharmaceutical Packaging Market for 2018-2025. To calculate the market size, the report considers the revenue generated from the sales of the web conferencing and unified communication and collaboration (UC&C) and video conferencing, secondary resources and doing in-depth company share analysis of major 10 players in the market.
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