MEA Pharmaceuticals Packaging Market: Current Analysis and Forecast (2021-2028)

Region:Global

Author(s):

Product Code:UMHE21271

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Published on

June 2021

Total pages

196

Table of Content

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About the Report

About the Report

PHARMACEUTICAL PACKAGING IS MAINLY DONE USING DRUG-COMPATIBLE MATERIALS TO PROVIDE PROTECTION, PRESENTATION, IDENTIFICATION, INFORMATION, COMPLIANCE, CONVENIENCE, INTEGRITY, AND STABILITY OF THE PRODUCT. THE PACKAGING FOR PHARMA INDUSTRY IS MADE BY USING A VARIETY OF MATERIALS SUCH AS PLASTICS & POLYMERS, PAPER AND PAPERBOARD, GLASS, ALUMINUM FOIL, AND OTHERS. IN THE AFRICAN REGION, THE TECHNOLOGIES ARE CREATING SEVERAL OPPORTUNITIES TO LEAPFROG IN THE HEALTHCARE SECTOR, AS REVEALED BY THE UNITED NATIONS INDUSTRIAL DEVELOPMENT ORGANIZATION.

THE DEMAND FOR THE PHARMACEUTICAL PACKAGING MARKET IS BOOMING IN THE MIDDLE EAST AND AFRICA (MEA) REGION OWING TO THE OPENING OF PRODUCTION FACILITIES IN THE REGION, ADVANCED MANUFACTURING PROCESSES, STERILIZED TRACKING, AND TRACING OF DRUGS, RISING GENETIC DRUG MARKET, EMERGING GROWTH IN THE DRUG DELIVERY MARKET, INCREASE IN R&D INITIATIVES, RISE IN POPULATION, INCREASE IN THE PREVALENCE OF CHRONIC DISEASES COUPLED WITH THE AGING POPULATION, AND INCREASE IN DEMAND FOR CONVENIENT AND STERILE PACKAGING.

MOREOVER, THE INCREASING ADVANCEMENTS IN DRUG DISCOVERY AND THE RISING DEMAND FOR OVER COUNTER (OTC) DRUGS, ALSO PROPEL THE MARKET GROWTH. THE GROWTH IS SPURRED BY THE RIGOROUS CONTROL REGULATIONS AND ADMINISTRATION DEMAND. FOR INSTANCE, EAST AFRICA COMMUNITY MEDICINES REGULATORY HARMONIZATION PROGRAM WAS LAUNCHED IN MARCH 2012 IN ARUSHA TANZANIA TO ADDRESS KEY WEAKNESSES FACED BY THE SEVEN NATIONAL MEDICINE REGULATORY AUTHORITIES (NMRAS) IN THE REGION IN DEVELOPING AS WELL AS IMPLEMENTING MEDICINE REGISTRATION PROCEDURES COMPATIBLE WITH INTERNATIONALLY ACCEPTED STANDARDS. HOWEVER, SOME OF THE RESTRAINTS IN THE MARKET INCLUDE ENVIRONMENTAL CONCERNS AND RECYCLING ISSUES, RISING RAW MATERIAL COSTS.

BASED ON MATERIAL TYPE, THE MARKET IS BIFURCATED INTO PLASTICS & POLYMERS, PAPER AND PAPERBOARD, GLASS, AND ALUMINUM FOIL, AND OTHERS. THE PLASTICS & POLYMERS SEGMENT GRABBED THE MAJOR MARKET SHARE AND CONTRIBUTED AROUND 42.96% IN 2020. MOREOVER, THE MARKET WOULD REACH TO USD 5,793.9 MN BY 2028 GROWING WITH A CAGR OF 8.46% DURING 2021-2028 OWING TO THE INCREASE IN THE USE OF PVC, POLYPROPYLENE, POLYCARBONATE, POLYETHYLENE TEREPHTHALATE, AND HIGH-THICKENED POLYETHYLENE IN THE PACKAGING FOR PHARMACEUTICAL PURPOSES DUE TO ITS LIGHTWEIGHT, LOW COST, GOOD BARRIER PROPERTIES, AND STRENGTH.

FOR INSTANCE, ONE OF THE LEADING PLASTIC PACKAGING MANUFACTURERS IN JOHANNESBURG (SOUTHERN AFRICA) MPACT COLLECTS AROUND 624,000 TONNES OF PLASTIC RECYCLABLES FROM PRE-AND POST-CONSUMER SOURCES. ALSO, THE LIQUID PACKAGING RECYCLING PLANT RECYCLES 24,000 TONNES OF USED LIQUID CARTONS A YEAR, SAVING 65,240 CUBIC METERS OF LANDFILL SPACE AND 11,400 TONNES OF CARBON EMISSIONS.

BASED ON BY PRODUCT TYPE, THE MARKET IS BIFURCATED INTO PRIMARY PHARMACEUTICAL PACKAGING, SECONDARY PHARMACEUTICAL PACKAGING, AND TERTIARY PHARMACEUTICAL PACKAGING. THE PRIMARY PHARMACEUTICAL PACKAGING IS FURTHER BIFURCATED INTO PLASTICS, CAPS & CLOSURES, PARENTERAL CONTAINERS, BLISTERS PACK, PREFILLABLE INHALERS, AND OTHERS. THE PRIMARY PHARMACEUTICAL PACKAGING IS THE MOST PROMINENT SECTION IN THE MEA MARKET OWING TO THE STORAGE OF MEDICINES WITH NO DAMAGE. THE PRIMARY PHARMACEUTICAL PACKAGING SEGMENT GRABBED THE MAJOR MARKET SHARE AND CONTRIBUTED AROUND 76.15% IN 2020. MOREOVER, THE MARKET WOULD REACH TO USD 10,186.12 MN BY 2028 GROWING WITH A CAGR OF 8.35% DURING 2021-2028. THE SECONDARY PHARMACEUTICAL PACKAGING IS FURTHER BIFURCATED INTO PRESCRIPTION CONTAINERS AND PHARMACEUTICAL PACKAGING ACCESSORIES. THE COMPONENTS IN THE PRIMARY PHARMACEUTICAL PACKAGING ARE IN DIRECT CONTACT WITH THE PRODUCT E.G., BOTTLE VIALS, BLISTERS WHEREAS THE COMPONENTS IN THE SECONDARY PHARMACEUTICAL PACKAGING ARE NOT IN DIRECT CONTACT WITH THE PRODUCT E.G., CARDBOARD BOXES AND ALUMINUM CAPS. THE CHOICE OF THE MATERIALS USED IN THE PRIMARY OR SECONDARY PACKAGING WILL RELY ON THE DEGREE OF PROTECTION REQUIRED, COMPATIBILITY OF API (ACTIVE PHARMACEUTICAL INGREDIENT) AND EXCIPIENTS WITH THE PACKAGING MATERIAL, FILLING METHOD, PRESENTATION FOR OVER-THE-COUNTER (OTC) DRUGS, AND CONVENIENCE FOR THE USER.

BASED ON END-USER, THE MARKET IS BIFURCATED INTO CONTRACT PACKAGING, PHARMACEUTICAL MANUFACTURING, RETAIL PHARMACY, INSTITUTIONAL PHARMACY, AND OTHERS. THE PHARMACEUTICAL MANUFACTURING SEGMENT GRABBED THE MAJOR MARKET SHARE AND CONTRIBUTED AROUND 35.97% IN 2020. MOREOVER, THE MARKET WOULD REACH TO USD 4,682.3MN BY 2028 GROWING WITH A CAGR OF 7.98% DURING 2021-2028.
IN APRIL 2019, GLAXOSMITHKLINE (GSK) ANNOUNCED ITS PARTNERSHIP WITH NEOPHARMA TO LOCALIZE ITS SECONDARY PACKAGING STAGE (THE LAST PHASE OF THE MANUFACTURING PROCESS) BEFORE DISTRIBUTION AND SALE. THIS PARTNERSHIP REDUCED THE MANUFACTURING PROCESS TIME TO ONLY THREE MONTHS, OFFERING UAE PATIENTS FASTER ACCESS TO THE WIDELY PRESCRIBED MEDICINES.

FOR A BETTER UNDERSTANDING OF THE MARKET ADOPTION OF PHARMACEUTICAL PACKAGING IN THE MIDDLE EAST AND AFRICA REGION, DETAILED COUNTRY-LEVEL ANALYSIS IS CONDUCTED FOR MAJOR COUNTRIES INCLUDING (UAE, SAUDI ARABIA, QATAR, TURKEY, EGYPT, SOUTH AFRICA, NIGERIA, AND THE REST OF THE MIDDLE EAST AND AFRICA). THE SAUDI ARABIA SEGMENT GRABBED THE MAJOR MARKET SHARE AND CONTRIBUTED AROUND 32.42% IN 2020. MOREOVER, THE MARKET WOULD REACH TO USD 4,065.2 MN BY 2028 GROWING WITH A CAGR OF 7.58% DURING 2021-2028 OWING TO THE CHANGING POPULATION DYNAMICS, RISING PREVALENCE OF NON-COMMUNAL DISEASES SUCH AS CARDIOVASCULAR DISEASE, CANCER, DIABETES, AND SEVERAL INITIATIVES TAKEN BY THE GOVERNMENT IN THE REGION.
SOME OF THE MAJOR PLAYERS OPERATING IN THE MARKET INCLUDE AMCOR LTD., CCL INDUSTRIES INC., INTRAPAC GROUP, WESTROCK, SCHOTT AG, WEST PHARMACEUTICAL SERVICES, INC., JABIL INC. SEVERAL M&AS ALONG WITH PARTNERSHIPS HAVE BEEN UNDERTAKEN BY THESE PLAYERS TO BOOST THEIR PRESENCE IN DIFFERENT REGIONS.

Products


Companies

AMCOR LTD.

CCL INDUSTRIES INC.

INTRAPAC GROUP

WESTROCK

SCHOTT AG

WEST PHARMACEUTICAL SERVICES

INC.

JABIL INC.

Table of Contents

Table of Contents

1 MARKET INTRODUCTION

1.1 MARKET DEFINITIONS

1.2 OBJECTIVE OF THE STUDY

1.3 LIMITATION

1.4 STAKE HOLDERS

1.5 CURRENCY USED IN REPORT

1.6 SCOPE OF THE MIDDLE EAST & AFRICA (MEA) PHARMACEUTICAL PACKAGING MARKET

2 RESEARCH METHODOLOGY OR ASSUMPTION

2.1 RESEARCH METHODOLOGY FOR THE MIDDLE EAST & AFRICA (MEA) PHARMACEUTICAL PACKAGING MARKET

2.1.1 MAIN OBJECTIVE OF THE MIDDLE EAST & AFRICA (MEA) PHARMACEUTICAL PACKAGING MARKET

3 MARKET SYNOPSIS

3.1 ESTIMATED NUMBER OF NEW CANCER CASES IN MIDDLE EAST AND NORTHERN AFRICA (MEA) IN 2020

3.2 GDP PER CAPITA (CURRENT USD ) IN MIDDLE EAST AND AFRICA (MEA), 2019

4 EXECUTIVE SUMMARY

5 MIDDLE EAST & AFRICA (MEA) PHARMACEUTICAL PACKAGING DYNAMICS

5.1 MARKET DRIVERS

5.1.1 RISING PREVALENCE OF NEW HIV INFECTIONS

5.1.2 PROMULGATING CROSS BORDER TRADE ACTIVITIES

5.1.3 BOOST IN THE EXPORT OF PLASTIC AND RUBBER IN THE MEA REGION

5.2 MARKET CHALLENGES

5.2.1 COUNTERFEIT MEDICINE PROBLEM

5.3 MARKET OPPORTUNITY

5.3.1 THE TREMENDOUS GROWTH IN BIOLOGICS AND COLD CHAIN

5.3.2 RISING PREVALENCE OF INFECTIOUS DISEASES

5.4 RECENT TREND

5.4.1 AUTOMATION IN PHARMACEUTICAL PACKAGING INDUSTRIES

5.4.2 ADVANCEMENTS IN HEALTHCARE 3D PRINTING MARKET

6 KEY FACTS ON MEA PHARMA INDUSTRY

7 PHARMACEUTICAL PACKAGING AMID COVID-19

10 DEMAND AND SUPPLY SIDE ANALYSIS

10.1 DEMAND SIDE ANALYSIS

10.2 SUPPLY SIDE ANALYSIS

10.2.1 TOP PRODUCT LAUNCHES

10.2.2 TOP PARTNERSHIPS AND EXPANSION

10.2.3 TOP MERGER AND ACQUISITIONS

11 VALUE CHAIN ANALYSIS

12 MARKET INSIGHTS BY MATERIAL TYPE

12.1 PLASTICS & POLYMERS

12.2 PAPER AND PAPERBOARD

12.3 GLASS

12.4 ALUMINUM FOIL AND OTHERS

13 MARKET INSIGHTS BY PRODUCT TYPE

13.1 PRIMARY PHARMACEUTICAL PACKAGING

13.1.1 PLASTIC BOTTLES

13.1.2 CAPS & CLOSURES

13.1.3 PARENTERAL CONTAINERS

13.1.4 BLISTER PACKS

13.1.5 PREFILLABLE INHALERS

13.1.6 OTHERS

13.2 SECONDARY PHARMACEUTICAL PACKAGING

13.2.1 PRESCRIPTION CONTAINERS

13.2.2 PHARMACEUTICAL PACKAGING ACCESSORIES

13.3 TERTIARY PHARMACEUTICAL PACKAGING

14 MARKET INSIGHTS BY END-USER

14.1 CONTRACT PACKAGING

14.2 PHARMACEUTICAL MANUFACTURING

14.3 RETAIL PHARMACY

14.4 INSTITUTIONAL PHARMACY AND OTHERS

15 MARKET INSIGHTS BY COUNTRY

15.1 UAE

15.2 SAUDI ARABIA

15.3 QATAR

15.4 TURKEY

15.5 EGYPT

15.6 SOUTH AFRICA

15.7 REST OF MIDDLE EAST AND AFRICA

16 COMPETITIVE SCENARIO

16.1 MEA PHARMACEUTICAL PACKAGING, MARKET SHARE, BASED ON USES, 2020 (%)

16.2 MEA PHARMACEUTICAL PACKAGING, BASED ON PREFERENCE OF PURCHASE 2018-2019 (%)

17 COMPANY PROFILED

17.1 AMCOR LTD.

17.2 CCL INDUSTRIES INC.

17.3 INTRAPAC GROUP

17.4 WESTROCK

17.5 SCHOTT AG

17.6 WEST PHARMACEUTICAL SERVICES INC.

17.7 JABIL INC.

18 DISCLAIMER

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