Global Pharmaceutical Liquid Packaging Market Size, Trends & Analysis - Forecasts to 2026 By Container Type (Syrup Bottles, Vials, Syringes, Containers and Others [Tubes, Stickpacks, and Bags]), By Technology (Piston Technology, Floor-Standing Technology, Compact Aseptic Filler Technology, Volumetric Technology, Table-Top Technology, Linear Technology, Rotary Technology, Form Fill Seal Technology, Peristaltic Filling Technology, Screw Filling Technology, and Others), By Mode of Operation (Automatic, Semi-Automatic, Intermittent, Peristaltic, Servo-Driven, Continuous, and Manual) Competitive Landscape, Company Market Share Analysis, and Competitor Analysis
The global pharmaceutical industry is on an upward trajectory and the production of pharmaceutical drugs is at an all-time high. The global nature of the industry necessitates the need for efficient packaging methods that ensure its contents are protected from its environment and damage during storage and transportation until it is ready to be consumed. Along with the fabrication of the packaging, the packaging equipment have to also clean, fill, label, and add serial numbers to the packaging. This need for better packaging has driven the pharmaceutical liquid packaging market as advancements in technology have resulted in equipment with a high degree of flexibility. This equipment also allows for immediate packaging of the synthesized drugs in liquid form in convenient packaging. With regulations set up to prevent contamination of the drugs while maintaining environmental responsibility have seen the pharmaceutical liquid packaging market grow. As new liquid drugs are synthesized that have specific storage conditions like photosensitive drugs and nanotechnology-based drugs that require special packaging have also contributed to the growth in this market. Moreover, due to the emergence of manufacturing and distribution of COVID-19 vaccines, the market for pharmaceutical liquid packaging is ought to grow rapidly. The market has witnessed the augment of various types of technology for filling or packaging liquid drugs. Some of them are piston technology, floor-standing technology, compact aseptic filler technology, volumetric technology, table-top technology, linear technology, rotary technology, form fill seal technology, peristaltic filling technology, and screw filling technology among others. The market also has witnessed the launch of the latest operation mode for filling liquid drugs namely, automatic, semi-automatic, intermittent, peristaltic, servo-driven, and continuous type. The automatic filling machine will be the dominant segment in the market owing to automation at almost all the levels of packaging and filling of the aseptic and septic drug without human intervention and risk of errors. The most latest and advanced filling machine has the features of filling, sealing, and packaging in one machine/ system.
But these regulations and demands serve as a double-edged sword by increasing the cost of production and pandemic restrictions have also adversely impacted the industry’s supply chain. Counterfeit packaging is an area of concern with the market and hence can act as a restrain for the market. The major driver besides distribution of vaccines is the rapidly rising market values of biopharmaceutical and generic drugs, rise in OTC liquid drugs, and increasing demand for integrated and flexible packaging equipment by the manufacturers.
In addition, the rising prevalence of skin and soft tissue infections, eye diseases, and burns will propel the demand for topical or liquid drugs in the form of injectable. Hence, considering this indirect driver, the market will grow rapidly for packaging equipment.
Based on container type, this market can be explained in four major categories namely, syrup bottles, vials, syringes, containers, and others [tubes, stick packs, and bags]. The vials and syringes segment will be the fastest-growing segment owing to the increasing emergence of vaccines and topical drugs in both developed and developing regions. Moreover, due to the increasing prevalence of skin burn cases, surgical procedures and vaccination drive, the segment for vials and syringes will be dominant in the pharmaceutical liquid packaging market
Based on the technology of filling liquid pharmaceutical drugs, the market can be split into piston technology, floor-standing technology, compact aseptic filler technology, volumetric technology, table-top technology, linear technology, rotary technology, form fill seal technology, peristaltic filling technology, and screw filling technology among others. The piston technology segment will be the dominant segment. This technology is one of the most affordable and flexible technology for filling liquid drugs. With simple operation and basic controls, this fluid filler technology moves a different type of pharmaceutical drugs and products from hoppers, holding tanks, and bulk supplies to containers which are small and large. Regardless of viscosity, this technology fills any kind of drug efficiently. With a range of different nozzle heads, container types, and materials, this technology will be the fastest-growing segment from 2021 to 2026.
Based on operation, this market can be segmented into automatic, semi-automatic, intermittent, peristaltic, servo-driven, continuous, and manual. The automatic segment will hold the largest share in the market and will continue the trend throughout the forecast period. Automation in the manufacturing and packaging industry has changed the trend of bulk filling. Eradicating human errors and the rising need for good quality packaging for liquid drugs, the market for automatic will be the dominant market.
As per the geographical analysis, the market can be classified into North America (the US, Canada, and Mexico), Asia Pacific (India, China, Japan, Malaysia, Singapore, and Rest of Asia Pacific), Europe (Germany, United Kingdom, Italy, France, Spain, Netherlands, and Rest of Europe), Middle East & Africa and Central South America. North America is known for its advanced technology used in the pharmaceutical packaging industry, which also has motivated many manufacturers to launch automatic and latest high-class packaging equipment for the drug industry. The presence of these manufacturers in the U.S. and Canada has helped the market have the lion’s share as of 2020. On the other hand, increasing government norms and stringent regulations related to drug safety packaging, are the major drivers uplifting the Asia Pacific market. Hence, this region will have the highest CAGR value from 2021 to 2026.
Anchor Mark Private Limited, AWS Bio-Pharma Technology, Capmatic, CapsulCN International, Fabrima, Filamatic, Marchesini Group, OPTIMA, Romaco, Syntegon Technology GmbH, Universal Pack, Vanguard Pharmaceutical Mach, APACKS, CVC Technologies, Vekamaf, Volumetric Technologies, Liquid Packaging Solutions, NJM Packaging, MAR Group, and E-PAK Machinery among others are the players in the pharmaceutical liquid packaging market.
Please note: This is not an exhaustive list of companies profiled in the report.
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The Global Pharmaceutical Liquid Packaging Market has been studied from the year 2019 till 2026. However, the CAGR provided in the report is from the year 2021 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply-side analysis for the Pharmaceutical Liquid Packaging Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.
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