This report provides exclusive insights into the COVID-19 impact on the Parenteral Products Packaging Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Parenteral Products Packaging Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Parenteral Products Packaging Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.
A recent report published by
Infinium Global Research on parenteral products packaging market provides
in-depth analysis of segments and sub-segments in the global as well as
regional parenteral products packaging market. The study also highlights the
impact of drivers, restraints, and macro indicators on the global and regional
parenteral products packaging market over the short term as well as long term.
The report is a comprehensive presentation of trends, forecast and dollar
values of the global parenteral products packaging market. According to the report,
the global parenteral products packaging market is projected to grow at a CAGR
of 10.1% over the forecast period of 2019-2025.
Parenteral products are directly
injected into the body tissue. This packaging plays a vital role in
pharmaceutical packaging companies. This packaging provides greater stability,
the efficiency of the drug and end-user safety. The leading players in the
global parenteral products packaging market are adopting strategies such as
mergers, acquisitions, and new product launches that expand their market share.
The rising technological
advancement in parenteral solutions such as green packaging technology
stimulates the growth of the parenteral products packaging market. The increasing
use of plastic products for primary packaging drives the growth of the
parenteral products packaging market. The surge in demand for sustainable
packaging in pharmaceutical manufacturers propels the growth of the parenteral
products packaging market. The rising number of chronic diseases boosts the
number of surgical procedures stimulating the expansion of the parenteral
products packaging market. In addition, factors such as smoking, obesity,
consumption of alcoholic beverages, and many more promote the growth of the
parenteral products packaging market. On the other side, the complex
registration process of packaging hinders the growth of the parenteral products
packaging market. Moreover, technological development stimulates innovations
that create numerous opportunities for the growth of the parenteral products
Based on geography, the global
parenteral products packaging market is divided into North America,
Asia-Pacific, Europe, and the Rest of the World. North America is expected to
have a premium share in the global parenteral products packaging market. The
rising aging population and the growing number of health-conscious people in
North America contributes to the growth of the parenteral products packaging
market in North America. Asia-Pacific region is anticipated to expand with a
healthy CAGR over the forecast period. The stringent regulations and
implications in pharmaceutical products formed by the government in developing
countries stimulate the growth of the parenteral products packaging market in
the Asia-Pacific region. Europe is showing growth in the global parenteral
products packaging market.
The report on global parenteral
products packaging market covers segments such as product type and material
type. On the basis of product type, the sub-markets include bottles, ampoules,
prefilled syringes, vials, bags, and cartridges. On the basis of material type,
the sub-markets include glass, plastic, PVC, polymer, and other material types.
The report provides profiles of
the companies in the market such as Unilife Corporation, Schott AG, RPC Group
plc, Becton, Dickinson and Company, West Pharmaceutical Services, Inc., Berry
Global Inc., Nipro Corporation, Stevanato Group, Ypsomed Holding AG, Terumo
Corporation, and other companies.
The report provides deep insights
into the demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors that are driving and
restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis
given in the report brings an insight into the investment areas that existing
or new market players can consider. The report provides insights into the
market using analytical tools such as Porter's five forces analysis and DRO
analysis of parenteral products packaging market. Moreover, the study
highlights current market trends and provides forecast from 2019-2025. We also
have highlighted future trends in the market that will affect the demand during
the forecast period. Moreover, the competitive analysis given in each regional
market brings an insight into the market share of the leading players.