Latest News- Active And Intelligent Packaging In Pharmaceutical Market: Active packaging is expected to lead the Product segment during 2025-2029

The Active And Intelligent Packaging In Pharmaceutical Market is being driven by Growing sales of pharmaceuticals globally

The Active And Intelligent Packaging In Pharmaceutical Market is expected to grow at a CAGR of 9.1% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 1513.9 million. In the dynamic pharmaceutical market, the demand for lightweight, high-performance active and intelligent packaging solutions is on the rise. Companies are responding to this trend by offering advanced corrugated board grades for pharmaceutical applications. These innovative materials offer significant cost savings through reduced consumption of packaging materials during manufacturing and enhanced shipping efficiency. Moreover, the lower material consumption contributes to a more sustainable lifecycle. Lightweight packaging effectively guards against deleterious elements such as light, air, and moisture, ensuring product integrity throughout the supply chain. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Product
  • Active packaging
  • Intelligent packaging
• Material
  • Solid
  • Liquid
• Packaging
  • Bottles and vials
  • Syringes and injectables
  • Blister packs
  • Pouches and sachets
• Geography
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • APAC
    • China
    • India
    • Japan
  • South America
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Growing sales of pharmaceuticals globally
• Increased demand for pharmaceutical packaging in emerging economies
• Growing demand for convenience in pharmaceutical packaging

However, the market also witnesses some limitations, which are as follows:

• Stringent regulations for pharmaceutical packaging
• Risk of counterfeiting in pharmaceutical packaging
• High cost involved in adoption of active and intelligent packaging

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Market Scope in Active And Intelligent Packaging In Pharmaceutical Market Research Report

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Research Analysis Overview

Active packaging in the pharmaceutical market utilizes additives and advanced packaging systems to enhance product quality and extend shelf life. Intelligent packaging systems, including RFID, sensor technologies, indicators like TempTrip, and time-temperature indicators (TTI), ensure freshness, safety, and convenience for pharma products. RFID ICs and emerging technologies cater to preventive packaging needs. Food processing industries and smartphone users benefit from these solutions, with automation technologies streamlining production and distribution.

Market Research Overview

In the dynamic pharmaceutical market, active and intelligent packaging plays a pivotal role in enhancing product quality, safety, and convenience. Active packaging incorporates additives and packaging systems designed to extend shelf life and maintain product efficacy. Intelligent packaging systems, a subset of active packaging, offer real-time monitoring of product conditions through sensors and indicators, ensuring freshness and safety. According to Technavio, this market is a segment of the global paper and plastic packaging products and materials market. Paper packaging, with its attributes of lightweight, biodegradability, and recyclability, offers cost-effective solutions for various industries. Conversely, plastics, due to their performance, durability, and versatility, are widely used in packaging applications, including pharmaceuticals, where specific grades and material combinations, such as polyvinyl chloride, polypropylene, and polyethylene, cater to diverse requirements.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/