Pharmaceutical Contract Packaging Market Size to Grow by USD 7.07 bn During 2020-2024
Technavio has been monitoring the pharmaceutical contract packaging market and it is expected to grow by USD 7.07 bn, accelerating at a CAGR of almost 17% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking
Pharmaceutical Contract Packaging Market: Receive Free Sample Report
Pharmaceutical Contract Packaging Market: North America to lead market growth during the forecast period
Pharmaceutical Contract Packaging Market: Key Competitors
The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. AmerisourceBergen Corp., Becton, Dickinson and Co., Berlin Packaging, Berry Global Group Inc., Bilcare Ltd., CCL Industries Inc., Constantia Flexibles Group GmbH, FedEx Corp., SCHOTT AG, and WestRock Co. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
For more insights on this market: Download a Free Sample Report
Pharmaceutical Contract Packaging Market: Key Highlights of the Report for 2020-2024