Medical Packaging Companies

The medical packaging market, valued at USD 78.3 billion in 2023, is poised for significant growth, driven by rising healthcare expenditure, an aging population, and the increasing demand for personalized medicine. This dynamic landscape presents both challenges and opportunities for players, with fierce competition shaping the market dynamics. This report delves into the competitive landscape, exploring key strategies, market share factors, industry news, recent developments, and a market summary.

Strategies Shaping the Game:

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  Innovation: Leading players are constantly innovating, developing new materials, functionalities, and designs. Examples include child-resistant packaging, connected packaging with track-and-trace capabilities, and customized packaging for biologics.


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  Sustainability: Consumers and regulators are increasingly demanding sustainable packaging solutions. Companies are responding with bio-based materials, recyclable options, and reduced packaging footprints.


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  Partnerships and Acquisitions: Collaboration with pharmaceutical companies, contract manufacturing organizations, and technology providers is crucial for integrated solutions and market expansion. Acquisitions offer opportunities to gain new technologies, expertise, and market access.


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  Digitalization: Integrating digital technologies like blockchain and Internet of Things (IoT) enhances data tracking, counterfeiting prevention, and patient engagement, offering a competitive edge.

Factors Influencing Market Share:

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  Product Portfolio: A diverse portfolio catering to various medical applications and dosage forms is crucial. This includes primary packaging (vials, syringes), secondary packaging (blister packs, cartons), and tertiary packaging (shipping containers).


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  Production Capacity and Efficiency: Advanced manufacturing capabilities and efficient production processes enable cost optimization and timely deliveries, ensuring customer satisfaction.


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  Geographical Presence: A strong global presence with regional operations allows companies to cater to diverse market demands and regulatory requirements.


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  Regulatory Compliance: Stringent regulations governing material safety, sterility, and traceability require continuous adaptation and compliance, which can be a barrier for new entrants.

Key Companies in the Medical Packaging market include

• Amcor Plc (Switzerland)


• Gerresheimer AG (Germany)


• SCHOTT AG (Germany)


• Westrock (U.S.)


• AptarGroup, Inc. (U.S.)


• Berry Global, Inc (U.S.)


• NIPRO (Japan)


• CCL Industries Inc. (Canada)


• West Pharmaceutical Services (U.S.)


• SGD Pharma (France)


• Ardagh Group S.A. (Luxembourg)


• International Paper (U.S.)


• Comar LLC (U.S.)


• Vetter Pharma (Germany)

Recent News

May 2022: Bormioli Pharma launched a label, EcoPositive. The label launch is beneficial for all the company's offerings of sustainable packaging. It also comprises recycled glass, plastics, bio-based or compostable solutions, and innovative polymer products.

October 2021: Bosch Packaging Technology launched a new filling and closing machine for pharmaceutical vials called the MLF 5088. This machine is designed for pharmaceutical manufacturing plants and offers high accuracy and flexibility in filling and closing vials of various sizes and types.

July 2021: Keystone Folding Box Company reported increased demand for corrugated cardboard-based blister packs for pharmaceutical packaging. This increase in demand was driven by increased demand for child-safe pharmaceutical packaging in the U.S. and the introduction of new environmental sustainability legislation in India.

In the year 2020, Amcor unveiled a recyclable high-barrier flexible pack, which can cut carbon footprint up to 64% by making it a product. Further, Amcor was the first-ever packaging company to announce that all its packages should be recycled or reusable by the year 2025. Because of these reasons given above, eco-friendly packaging solutions have propelled an upsurge in growth for the global pharmaceuticals & healthcare market.