India Pharmaceutical Packaging Market 2024-2030

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    INDIA PHARMACEUTICAL PACKAGING MARKET

     

    INTRODUCTION

    Pharmaceutical packaging has many important uses. As well as being used to store and protect drugs, it is also essential for identification purposes, for facilitating the use of pharmaceutical products.

    infographics

     

    There are different types of packaging for a pharmaceutical product, which are classified as primary, secondary, and tertiary. Primary drug packaging is the material that surrounds the pharmaceutical product, while secondary and tertiary packaging provides additional protection.

     

    INDIA PHARMACEUTICAL PACKAGING MARKET SIZE AND FORECAST

     

    India Pharmaceutical Packaging Market is expected to gain market growth in the forecast period of 2024 to 2030. It is analyzed that the market is growing with a CAGR of XX.X% in the forecast period of 2024 to 2030 and is expected to reach USD XXXX million by 2030

     

    RECENT DEVELOPMENTS IN INDIA PHARMACEUTICAL PACKAGING MARKET

     

    Sl No Company Year Development
    1. West Pharmaceutical Jan 2022 West Michigan manufacturer announced a $6M expansion, up to 110 new jobs
    2. West Pharmaceutical Jan 2022 West Pharmaceutical, Corning partner to develop pharma packaging solutions
    3. SGD Pharma India Ltd Mar

    2022

    SGD Pharma launched industry-first Ready-to-Use sterile 100 ml molded glass vials in SG EZ-fill packaging technology
    4. SGD Pharma India Ltd Mar

    2021

    Key milestone in molded glass  SGD Pharma elevated Type I offering with three tailored product and service solutions
    5. Amcor Apr

    2021

    Amcor developed breakthrough healthcare packaging by Innovation eliminates PVC from blister packaging enabling Amcor healthcare customers to improve the recyclability of their packaging

     

     

    India faces a number of issues, one of which is delivering the finest healthcare to a rapidly growing population. Chronic diseases are on the rise, despite improvements in the healthcare industry. According to WHO research, 20% of the country’s population has at least one non-communicable disease, with treatment costs anticipated to be very high.

     

    The pharmaceutical packaging market in India has grown as a result of research and development at pharmaceutical businesses. The Innopack confex is an ideal venue for exhibitors to showcase their latest innovations in pharmaceutical packaging, labelling, and drug delivery device design and engineering.

     

    It will also allow new businesses to see if their items are up to par with consumer expectations. In addition to substantial networking possibilities and innovative crossover solutions to support capital investment decisions, the confex offers a variety of content-driven workshops on the full value chain for medicine and device packaging.

     

    They’re announcing that the InnoPack Pharma Confex will return to its original in-person format, focusing on the pharmaceutical packaging industry, which will undoubtedly benefit from government incentives and rebates.

     

    The Confex will present industry stakeholders with a one-of-a-kind opportunity to observe a wide range of packaging and processing technologies while also allowing them to have constructive, in-depth discussions with suppliers to solve problems and resolve obstacles.

     

    The Production Linked Incentive (PLI) scheme was introduced by the Indian government to encourage domestic manufacturing to achieve Atmanirbhar Bharat. The pharmaceutical packaging industry in India has grown due to the acceptance and compliance with regulatory rules in pharmaceutical packaging, as well as standards for packaging recycling.

     

    TOP PLAYERS IN INDIA PHARMACEUTICAL PACKAGING MARKET

    1. West Pharmaceutical Packaging India Pvt. Ltd.​
    2. SGD Pharma India Ltd
    3. Amcor flexible india pvt ltd
    4.  Essel Propack Ltd​

     

    THIS REPORT WILL ANSWER THE FOLLOWING QUESTIONS

    1. What is the average transaction price of the India Pharmaceutical Packaging Market right now and how will it change in the next 5-6 years? 
    2. Market share of India Pharmaceutical Packaging vendors right now and their upcoming products
    3. The cost advantage for OEMs who manufacture India Pharmaceutical Packaging in-house
    4. 5 key predictions for the next 5 years in India Pharmaceutical Packaging Market right now, latest trends in every market segment
    5. The market size (both volume and value) of the India Pharmaceutical Packaging Market in 2024-2030 and every year between
    6. Production breakup of India Pharmaceutical Packaging Market by suppliers and their OEM relationship
    7. What is happening overall in the India Pharmaceutical Packaging Market right now?
    8. Who are the major players in the India Pharmaceutical Packaging Market?
    9. What are the business opportunities in the India Pharmaceutical Packaging Market right now and What is the target group?
    10. What are the plans for the market in the next India Pharmaceutical Packaging Market in five years?
    11. What are the Threats in the India Pharmaceutical Packaging Market in the next five years?

     

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2022-2027
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2022-2027
    19 Market Segmentation, Dynamics and Forecast by Application, 2022-2027
    20 Market Segmentation, Dynamics and Forecast by End use, 2022-2027
    21 Product installation rate by OEM, 2022
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2022
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
       
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