High Barrier Packaging Films for Pharmaceuticals Market

2019 Analysis and Review of High Barrier Packaging Films for Pharmaceuticals Market by Product - Cold-formable Films, Coextruded Films, and Thermo-formable Films for 2019 - 2029

  • 2020-03-11
  • REP-GB-6402
  • 48 Tables
  • 6 Figures
  • 166 pages
  • Format: PDF/PPT/Excel
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High Barrier Packaging Films for Pharmaceuticals Market to Cross US$ 500 Mn Mark in 2024

Rapid expansion of the geriatric population worldwide, and the intensifying material focus on senior-centric packaging has been boding well for flexible packaging solutions. In addition to its easy open feature, flexible packaging shields pharmaceutical products from contamination and external environmental conditions while keeping them safer and easier to administer with accuracy. Manufacturers are looking for designs that deliver convenience in tandem with tamper-resistance and product protection. Receiving impetus from these trends, the high barrier packaging films for pharmaceuticals market will surpass value worth over half-a-billion dollars by 2024.

Frequently asked questions about global high barrier packaging films for pharmaceuticals market

What are future prospects of the high barrier packaging films for pharmaceuticals market?

The global high barrier packaging films for pharmaceuticals market is anticipated to grow at a steady pace during the next ten years. The global high barrier packaging films for pharmaceuticals market was valued at US$ 383 Mn in 2018 and is estimated to reach US$ 651 Mn by 2029.

What are the key factors accelerating growth of the high barrier packaging films for pharmaceuticals market?

The growing preferences for flexible packaging solutions in the pharmaceuticals sector are one of the vital factors that fuel the high barrier packaging films for pharmaceuticals market growth to a significant extent. Along with that, the ability of high barrier packaging films to provide longer shelf life, affordable pricing and durability raise its popularity among the end-users

At what rate will the high barrier packaging films for pharmaceuticals market grow in the following years?

The global high barrier packaging films for pharmaceuticals market is anticipated to witness astonishing market growth in the foreseeable future, owing to rising production of pharmaceutical drugs worldwide. The global high barrier packaging films for pharmaceuticals market is estimated to register a remarkable CAGR of 5.0% by the end of 2029.

Which application segment will provide the most gratifying opportunities in the next five years?

Blister segment is projected to be the most promising segment throughout the forecast period. The demand for pharmaceutical blisters is constantly rising owing to its unit dosing feature and high performance from contamination of the primary product.

Which regions are expected to lead in terms of global sales of high barrier packaging films for pharmaceuticals market?

In terms of sales and market share, North America and Europe regions are projected to hold a substantial portion of the market share. The significant presence of leading high barrier packaging films manufacturers in these regions are propelling market growth significantly

Plastic Materials Show No Signs of Faltering

Manufacturers continue to flock to plastics for developing high barrier packaging films for pharmaceuticals owing to their excellent mechanical properties. Among various plastics, polypropylene (PP), and polyvinyl chloride (PVC)/ polyvinylidene chloride (PVDC) would remain the preferable material during the manufacturing process. Stringent regulatory framework to tackle plastic waste generation is putting pressure on manufacturers to turn to sustainable alternatives such as aluminum. However, the attractive performance and cost benefits of plastics are enabling their broader adoption, as such, would be the material of choice over the foreseeable timeframe.

North America to Lead; Asia to Offer White Spaces

Strong foothold of leading manufacturers and stable growth of pharmaceutical industry despite reaching saturation are providing impetus to high barrier packaging films for pharmaceuticals market in North America. Represented by the US, the developed regional market would generate over a third total return to stakeholders. Going forward, pharmaceutical makers in Asia, especially China, and India, are producing drugs at large scales. Market players must grab this value-capture opportunity to stay ahead of their peers.

Market Players Embracing Advanced Packaging Systems

Premium pharmaceutical products are stored in specific environmental conditions to prevent the quality from deterioration. Flexible packaging manufacturers in the pharmaceutical industry are seeking high-performance films that provide custom barrier properties for various pharmaceutical drugs. They are leveraging modified atmosphere packaging (MAP) and controlled atmosphere packaging (CAP) as they keep the environment within the packaging as per product requirement. Further, high barrier packaging films for pharmaceuticals complemented with these advanced packaging solutions avoid exchange of gases across packaging and maximize the shelf life of drugs.

Coextruded films stay in demand

Thermo-formable films to see stable traction

Plastics hold leading revenue share

Preference for aluminum to increase

High usage in blisters

Adoption in bags & pouches to surge

How Growth will Unfold

Growing prevalence of unit dosing in order to prevent contamination of primary products is boosting the application of pharmaceutical blisters. Capturing nearly 3/5 of total market value, manufacturers would glean better margins from blisters as compared to bags & pouches. However, this FMI study highlights usage of pharmaceutical bags & pouches to grow at healthy pace in due course of time. Despite their faster adoption, market players would stay focused on blister packaging to maintain product portfolio.

High Barrier Packaging Films For Pharmaceuticals Market by Application

* This data is only a representation. Actual data may vary and will be available in report.

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Overview

A recent market study published by Future Market Insights on the high barrier packaging films for pharmaceuticals market includes global industry analysis of 2014-2018 and opportunity assessment for 2019-2029, and delivers a comprehensive assessment of the most important market dynamics. After conducting a thorough research on historic as well as current growth parameters, growth prospects of the market are obtained with maximum precision.

High Barrier Packaging Films for Pharmaceuticals Market Taxonomy

The global high barrier packaging films for pharmaceuticals market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to readers.

Product

  • Cold-formable Films
  • Coextruded Films
  • Thermo-formable Films

Material

  • Aluminium
  • Plastics
    • Polypropylene(PP)
    • Ethylene Vinyl Alcohol(EVOH)
    • Polyamide
    • Polyethylene Terephthalate(PET)
    • Polyethylene(PE)
    • PVC/PvdC
    • Others (COC, PFTFE, etc.)

Application

  • Bags & Pouches
  • Blisters

Region

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • MEA

What's Included

The report begins with an executive summary of the market, which includes key findings and statistical analysis. It also includes demand and supply-side trends pertaining to the market.

Readers can find the definition and detailed taxonomy of the market in this chapter, which will help them understand basic information about the market. Along with this, comprehensive information pertaining to high barrier packaging films for pharmaceuticals and its properties are provided in this section. It also highlights the inclusions and exclusions to help readers understand the scope of the market report.

This chapter explains the key macroeconomic factors that are expected to influence market growth during the forecast period. Along with this, the section also highlights the opportunity analysis. This chapter also provides key market dynamics, which include drivers and restraints. Moreover, readers will understand key trends followed by leading manufacturers in the market.

This section explains the global market value analysis and forecast for the market during the forecast period of 2019-2029. This chapter includes a detailed analysis of the historical high barrier packaging films for pharmaceuticals market, along with opportunity analysis for the future. Readers can also find the absolute $ opportunity for the current year (2019), and an incremental $ opportunity for the forecast period (2019-2029). Along with this, pricing analysis of the high barrier packaging films for pharmaceuticals market at the regional level has also been provided in this section. This chapter also explains the global market volume analysis and forecast for the high barrier packaging films for pharmaceuticals market over the forecast period.

Based on product type, the high barrier packaging films for pharmaceuticals market has been segmented into cold-formable films, coextruded films and thermo-formable films. In this chapter, readers can find information about key trends and developments in the high barrier packaging films for pharmaceuticals market and market attractiveness analysis based on product type.

This chapter provides details about the high barrier packaging films for pharmaceuticals market based on material, and has been classified into aluminium and plastics. The plastics segment is further segmented into polypropylene (PP), ethylene vinyl alcohol (EVOH), polyamide (PA), polyethylene terephthalate (PET), polyethylene (PE), PVC/PvdC and Others (COC, PFTFE, etc.). Readers can understand market attractiveness analysis of high barrier packaging films for pharmaceuticals based on material.

This chapter provides details about the high barrier packaging films for pharmaceuticals market based on application, and has been classified into bags & pouches and blisters. Through this chapter, readers can understand market attractiveness analysis based on application.

This chapter explains how the high barrier packaging films for pharmaceuticals market is expected to grow across various geographic regions such as North America, Latin America, Europe, South Asia, East Asia, the Middle East and Africa (MEA), and Oceania.

This chapter includes detailed analysis of the growth of the North America high barrier packaging films for pharmaceuticals market, along with country-wise assessment that includes the U.S. and Canada. Readers can also find pricing analysis, regional trends, and market growth based on product type, technology, end use, and countries in North America.

This chapter provides the growth scenario of the high barrier packaging films for pharmaceuticals market in countries in Latin America such as Brazil, Mexico and the rest of Latin America. Along with this, assessment of the market across target segments has also been provided.

Important growth prospects of the high barrier packaging films for pharmaceuticals market in several countries such as Germany, the U.K., France, Spain, Italy, Russia, BENELUX and the rest of Europe are included in this chapter.

India, Indonesia, Thailand, Malaysia, and the rest of South Asia are among the leading countries in the South Asia region, which are prime subjects of assessment to obtain growth prospects of the South Asia high barrier packaging films for pharmaceuticals market. Readers can find detailed information about growth parameters of the South Asia high barrier packaging films for pharmaceuticals market during the forecast period in this chapter.

This chapter highlights the growth of the high barrier packaging films for pharmaceuticals market in East Asia by focusing on China, Japan, and South Korea. This section also helps readers understand key factors that are responsible for the growth of the high barrier packaging films for pharmaceuticals market in East Asia.

This chapter provides information about how the high barrier packaging films for pharmaceuticals market is anticipated to grow in major countries in the MEA region such as GCC countries, South Africa, Turkey, Northern Africa, and the rest of MEA during the forecast period.

In this chapter, Australia and New Zealand are countries in the Oceania region that are the prime subjects of assessment to obtain growth prospects of the Oceania high barrier packaging films for pharmaceuticals market.

In this chapter, readers can find detailed information about tier analysis and market concentration of key players in the high barrier packaging films for pharmaceuticals market, along with their market presence analysis by region and product portfolio.

In this chapter, readers can find a comprehensive list of prominent stakeholders in the high barrier packaging films for pharmaceuticals market, along with detailed information about each company, which includes company overview, revenue shares, strategic overview, and recent company developments. Some of the market players featured in the report are Amcor PLC, The Mondi Group plc, Berry Global Inc., Uflex Ltd., Constantia Flexibles Group GmbH, ProAmpac LLC., Winpak Ltd., and Schur Flexibles Group.

This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the high barrier packaging films for pharmaceuticals market report.

This chapter help readers understand the research methodology followed to obtain various conclusions as well as important qualitative and quantitative information about the market. The report scope focuses on high barrier packaging films consumed in the packaging industry.

How the research was conducted?

Primary Research

  • C-Level Executives
  • Marketing Directors
  • Product Managers 
  • Business Development Officers 
  • Production Managers
  • Procurement Heads
  • Sales Executives
  • Distributors
  • Traders 
  • Raw Machine Suppliers
  • Industry Experts
  • End Users
  • Current market dynamics and challenges
  • Yesteryear trends 
  • Market characteristics
  • Market performance and growth quadrants
  • Competition structure and market structure
  • Strategic growth initiatives
  • Near-term and long-term market growth prospects
  • Market segment splits and authenticity
  • Opinions on market projections and validity of assumptions

Secondary Research

  • Industry Publications
    • Packaging Europe
    • Packaging Strategies
    • Packaging News
    • Packaging World
  • Industry Associations
    • Flexible Packaging Association
    • Flexible Packaging Europe
    • American Plastics Council (APC) 
    • World Packaging Organization
  • Factiva
  • Company Press Releases
  • Annual Reports and Investor Presentations
  • Research Papers
  • Government Websites and Publications
  • Trade Websites

Primary Interview Splits

Primary Interview Splits high barrier packaging films for pharmaceuticals market designation

Primary Interview Splits high barrier packaging films for pharmaceuticals market stakeholder

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