Parenteral Packaging Market Analysis

Report ID: GMI5389
   |
Published Date: January 2025
 | 
Report Format: PDF

Download Free PDF

Parenteral Packaging Market Analysis

Advanced structural packaging is a significant hurdle for the parenteral services market, despite the increasing demand for prefilled syringes, autoinjectors, and complex drug delivery systems. Manufacturers face increasing costs due to advanced materials, specialized manufacturing processes, and stringent quality control regulations. High-quality polymers and glass are needed for these packaging, affecting raw material costs. Engineering, sterilization, and automation for these models require significant resources. As demand continues to grow, firms are urged to comply with regulations at reasonable prices, ensuring compliance with regulations.
 

One opportunity that is still beginning to take shape in the parenteral packaging market is the increasing need for biologics and personalized medicine, which needs a specific type of packaging. The pharmaceutical industry is moving toward biologics, for instance, monoclonal antibodies and gene therapies. There is already a large investment by commercial companies for advanced packaging that can ensure the stability, safety, and efficacy of these sensitive drugs during storage and delivery. This development leads us to a greater opportunity for the new era of parenteral packaging, which includes intelligent packaging systems embedded with a range of sensors to track temperature, humidity, and other conditions which may affect the quality of drugs. Companies that specialize in making affordable, market-friendly, tailor-made biologics as well as secure packaging for such drugs have greater chances of increasing their market share in this evolving business segment.
 

Parenteral Packaging Market Size, By Product Type, 2021-2034 (USD Billion)

Based on product type, the market is divided into vials & ampoules, cartridges, prefilled syringes, infusion solutions bottles & bags, blister packs, and others. The prefilled syringes segment is expected to reach a value of over USD 10 billion by 2034.
 

  • There has been an ever-increasing shift in the healthcare sector alongside a growing demand for self-administration, and owing to these factors, the prefilled syringes segment is expected to make key growth in the parenteral segment. The main advantage offered by pre-filled syringes is the reduction of medication errors because the necessary dosage is already in place and cannot be over or under injected. This is very critical for people suffering from chronic conditions as there are many instances of too many people making preparations for injections. Moreover, with the constant evolution within the medical sector, prefilled syringes, in combination with the patient-oriented approach to home medical care, are more favorable for patients who do not want to be treated only in clinics.
     
  • Additionally, the proliferation of biologics and monoclonal antibodies therapies that usually require accurate dosages and more sophisticated methods of injection has led to a surge in demand for prefilled syringes. They are an ideal option for biologic products which are injectable and sensitive as they preserve the integrity and sterility of such drugs during storage and handling. The injectable or injectable-based formulations are expected to capture a large share of the global prefillable syringes market as they are safe and effective in today's clinical practice.

 

Parenteral Packaging Market Share, By Material Type, 2024

Based on material type, the market is divided into glass, plastic, paper and paperboard, and others. The glass segment is the fastest growing segment with a CAGR of over 7% between 2025 and 2034.
 

  • The glass segment within the parenteral packaging market is expected to record the highest growth within the estimated period. Glass, due to its advantageous features in safety, stability, and sterility of injectable drugs, is turning out to be a preference. Because glass is inert and does not react with pharmaceutical products, this material provides the required protection for sensitive biologics and vaccines storage. Such non-reactivity plays a vital role since it minimizes pollution or any type of chemical deterioration, assuring that the therapeutic effectiveness of the drug remains molecular aspects throughout its life cycle. The rise of glass packaging, in this regard, has stemmed from the continued evolution of bioengineering and allogeneic cellular therapies because of their functioning compatibility with glass.
     
  • Moreover, glass containers like vials and ampoules are extensively used in parenteral packaging, which has existed for a long time in the pharmaceutical sector and is on the rise as they provide durability. With the increasing focus on biologics, the injectable economy, and other novel, sensitive drugs, the concerns over drug stability continue to grow; hence, the glass packaging robust protection aiming to resolve such issues will only seek an increase in demand. Furthermore, glass is a stronger protective barrier against light and moisture, and particular injectable treatments call for it: two important aspects to keep in mind while developing the injectable market.

 

U.S. Parenteral Packaging Market Size, 2021-2034 (USD Billion)

North America held the share of over 35% in 2024. The United States is witnessing growth of the parenteral packaging market on account of the demand for biologics coupled with the growth of the pharmaceutical and biotechnology industries, as well as a high priority for advanced drug delivery systems. The United States has a strong healthcare system and is at the forefront of pharmaceutical development, which increases the demand for high-level packaging technology that supports the safety, efficacy, and ease of drug use, especially in biologics and diadic medicine. Furthermore, the United States has a developed regulatory environment that promotes the production of quality and compliant packaging systems. Moreover, the increasing self-administration devices and chronic conditions in the region are additionally responsible for the increase in demand for new parenteral packaging technologies.
 

The parenteral packaging industry is growing in China owing to the huge demand for injectable drugs and biologics as a result of increasing chronic disease prevalence and population growth. Moreover, China's parenteral package injectables market is expected to grow owing to enhancements made to compliance regulations and to the healthcare infrastructure of the country that would, in turn, culminate in domestic manufacturers investing in the development of effective parenteral packages. The other growing factors toward the country's improvement in parenteral package injectables market are the increase in self-administration and home care paraphernalia.
 

India is transiting into one of the largest manufacturers and exporters of pharma products, India's increasing parenteral packaging market follows suit. The increasing number of chronic illnesses translates into a greater patient population, translating into a larger demand for injectable drugs, which in turn raises the need for secure packaging solutions. Owing to the Indian government's policies aimed at boosting healthcare inclusion and extending the reach of pharmaceutical products, there has been a growing desire for better parenteral packaging. The changing drug delivery systems, as well as the biotechnology and biopharmaceutical businesses in India, will also drive the demand for better and more affordable packaging technology of injectables.
 

South Korea is experiencing significant expansion in the parenteral packaging industry due to a flourishing biotechnology and health sector. Increased population age as well as chronic diseases and biologics have increased the demand for sophisticated injectable drug packaging. South Korea's growing trend toward self-administered injectables and several smart packaging technologies have also propelled the sector. In addition, the region's promotion of healthcare and imposing stricter regulations also creates a conducive environment for market growth in the region.
 

Japan is witnessing steady growth in the parenteral packaging market owing to the existing pharmaceutical market, aging population, and demand for modern drug delivery systems. The elderly population suffers from chronic illnesses; therefore, increased injectables usage has driven packaging solutions up. The combination of Japan's efforts toward healthcare innovation with progress in drug delivery systems increases the need for sophisticated parenteral solutions like prefilled syringes and autoinjectors. Also, Japan's strong regulations, as well as focus on patient safety, enhance the growth of the sector.

 

Authors: Suraj Gujar, Sandeep Ugale
Frequently Asked Question(FAQ) :
Who are the major players in the parenteral packaging industry?
Key players in the industry include Adelphi Group, Amcor, AptarGroup, Baxter International, Berry Global, Catalent, Datwyler, Gerresheimer, Nipro, Oliver Healthcare Packaging, Schott, SGD Pharma, Stevanato Group, Tekni-Plex, West Pharmaceutical Services, and WestRock.
How much is the North America parenteral packaging market worth?
How big is the global parenteral packaging market?
What is the market share of prefilled syringes in the parenteral packaging industry?
Related Reports
    Authors: Suraj Gujar, Sandeep Ugale
    Buy Now
    $4,123 $4,850
    15% off
    $4,840 $6,050
    20% off
    $5,845 $8,350
    30% off
        Buy now
    Premium Report Details

    Base Year: 2024

    Companies covered: 16

    Tables & Figures: 552

    Countries covered: 18

    Pages: 210

    Download Free PDF

    Top