The pharmaceutical plastic bottle market was valued at USD 29.8 billion globally in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 5.4% over the course of the forecast period. Plastic bottles are perfect for the pharmaceutical sector since they are strong and lightweight. The majority of medications on the market come in solid dosages, which leads to a significant need for pharmaceutical bottles that contain solid formulations.

 

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Growth Drivers

Growing concerns about sustainability are driving the market expansion for plastic prescription bottles. The market is expanding due to rising pharmaceutical output and demand as well as growing consumer desire for safe and long-lasting packaging. Innovations in plastic bottles are fueled by growing generic medication manufacture, regulatory compliance, and child-resistant packaging.

The market is expanding considerably due to rising demand for polyethylene. Because polyethylene comes in so many different grades and formulas, bottles with different qualities like flexibility, transparency, and chemical resistance can be produced. Because of their adaptability, PET bottles can be used to package a wide variety of pharmaceutical items, such as liquids, powders, and solid dosage forms.

Segmentation

By Capacity

·         Below 100 ml.

·         101 ml – 250 ml.

·         Above 250 ml.

By Product Type

·         Packer Bottles

·         Dropper Bottles

·         Solid Containers

·         Liquid Containers

·         Liquid Bottles

·         Nasal Spray Bottles

·         Others

By Material

·         Polyethylene

·         Polyethylene Terephthalate

·         Poly Vinyl Chloride

·         Poly Propylene

·         Others

By Region

·         Asia-Pacific

·         North America

·         Latin America

·         Middle East and Africa

·         Europe

Key Players

·         Alpha Packaging Company

·         Mykron Plus India Pvt. Ltd.

·         Comar LLC

·         Alpack Inc.

·         Drug Plastics Group

·         ALPLA Werke Alwin Lehner GmbH & Co KG

·         Bormioli Pharma S.p.a.

·         C.L.Smith Company

·         United States Plastic Corporation

·         Weener Plastics Group BV

·         Origin Pharma Packaging

·         Pretium Packaging

·         Pro-Pac Packaging Group

·         Silgan Holdings Inc

·         Frapak Packaging b.v.

·         Altium Packaging

·         Berry Global Inc.

·         Amcor Plc

·         Gerresheimer AG

·         AptarGroup, Inc.

·         Other Players

 

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