Pharmaceutical Printed Cartons Market
Market Insights on Pharmaceutical Printed Cartons covering sales outlook, demand forecast & up-to-date key trends
Pharmaceutical Printed Cartons Market : Global Industry Analysis 2016 - 2020 and Opportunity Assessment 2021 - 2031
Pharmaceutical Printed Cartons Market Overview
The global Pharmaceutical Printed Cartons market is expected to increase at a growth rate of around 7.5% to 8% during the forecast period
The pharmaceutical printed cartons market, folding boxboard material segment, and solid unbleached material segment revenue witnessed a significant share in 2021, according to the Annual Market Analysis conducted by Future Market Insights
Pharmaceutical Printed Cartons Market: Market Outlook
The pharmaceutical industry is coming up with re-engineered packaging solutions now and then, printed pharmaceutical boxes meeting all the industry requirements are globally accepted. The printed carton boxes protect the pharmaceutical drugs & medicines packed inside from dust, moisture and temperature fluctuations, specially designed to solve the logistical problems and storage problems faced by the pharmaceutical industry.
Overall due to the exponential growth of the pharmaceutical sector and the demand for medicines witnessing growth is set to expand the pharmaceutical printed cartons market worldwide.
What Factors Are Contributing To The Growth of Pharmaceutical Printed Cartons Market?
The pharmaceutical printed cartons provide advertising space to the manufacturers and marketers to print information about the product, expiry date and the barcode on boxes allows to store and transport the products easily. Printed cardboard boxes are manufactured in various sizes, colours to suit the packaging needs for packaging pills, capsules, vaccinations and droplets.
By usage of pharmaceutical printed boxes, the product safety is ensured and it is prevented from any kind of tampering while transiting. All these factors contribute towards the growth of the pharmaceutical printed cartons market.
Which Limitations Are Hampering Growth of Pharmaceutical Printed Cartons Market?
The Inks used to print on the pharmaceutical cartons is made from harmful chemicals and harms the environment, also laminated paperboard has plastic coatings and is only partially recyclable adding to the waste generated by the pharmaceutical industry. Despite a few limitations pharmaceutical printed cartons market will witness overall growth.
What Opportunities are Ensuring Future Growth of Pharmaceutical Printed Cartons Market?
The pharmaceutical printed cartons come with leak-proof and water-resistant features along with a premium look and feel that is trending among modern consumers. Manufacturers of cartons are producing packaging cartons in compliance with all the international safety standards for pharmaceutical packaging. Also, the cartons made from paperboard are easily recyclable and fit for re-use.
All the above-mentioned factors ensure the future growth of the pharmaceutical printed carton market.
Key Market Players of Pharmaceutical Printed Cartons Market
- Essentra plc
- CCL Industries
- 3C! Packaging, Inc.
- Keystone Folding Box Co.
- Origin Pharma Packaging
- Kane Packaging & Printing, Inc.
- Körber AG
Key Market Players in Asia-Pacific Region of Pharmaceutical Printed Cartons Market:-
- Online Print & Pack Private Limited
- Raja Tradelinks Pvt. Ltd.
- Packman Packaging Private Limited
- Earth India
- Shree Creations
- Velpack Pvt Ltd
How will the US Affect the Pharmaceutical Printed Carton Market?
The rising demand for the counter drugs and medicines in the country and a developed healthcare system is offering a boost to the pharmaceutical printed carton market in the US. An increasing number of pharmaceutical manufacturers in the country and also, the growing demand for attractive packaging and safekeeping solutions making the US a major market for the pharmaceutical printed carton market.
What will be Germany’s Role in Growth Pharmaceutical Printed Carton Market?
The world’s biggest and most innovative pharmaceutical companies are located in Germany, along with that the health-conscious consumer base resulting in large demand for medicines & healthcare supplements. Demand for drugs produced in-country in all parts of the world makes Germany an advanced market for the pharmaceutical printed cartons market.
Why India and China are Major Markets for Pharmaceutical Printed Carton Market?
The rapid expansion of the pharmaceutical and packaging industry in the fastest countries, growth of government healthcare system and increasing reach till untapped rural masses, makes India a lucrative as a well important market for pharmaceutical printed carton market. The increasing number of manufacturers and easy availability of paperboard and raw materials makes China also a major market.
What Was The Impact of Covid-19 On Pharmaceutical Printed Cartons Market?
During the spread of the deadly Covid-19 virus in all parts of the world, all the countries were forced to impose a lockdown and all the manufacturing & logistics activities apart from the essential services were closed. But the demand for pharmaceutical drugs and medicines was recorded at an all-time high during the pandemic period, as the demand for over the counter medicines, vaccines and healthcare supplements went up.
Along with the increase in demand for pharmaceutical products, the demand for packaging solutions for pharmaceutical products also witnessed a sharp rise. Despite the outbreak of the deadly virus, the global pharmaceutical printed carton market recorded growth and is expected to record growth over the forecasted period of time.
Global Pharmaceutical Printed Cartons Market Segmentation
- Full Sealed End
- Tuck Top Snap Lock Bottom
- Reverse Tuck End
- Tuck Top Auto Bottom
- Straight Tuck End
- Solid Bleached Board
- Folding Boxboard
- White Line Chipboard
- Solid Unbleached Board
- Liquid Drops
- North America
- Latin America
- South Asia
- East Asia
- Middle East and Africa