The healthcare industry at present is burdened by the globally increasing incidence of chronic ailments. The majority of these diseases are often linked with unhealthy lifestyle choices. The changing lifestyle, coupled with increased healthcare expenditure, is thus bolstering scope for the expansion of the packaging and labeling services market in the healthcare sector.
Spurred by the increasing demand for anti-counterfeit drug packaging technologies, TMR forecasts the global packaging labelling services market to surge at a CAGR of 5.3% between 2015 and 2023. The market is expected to reach US$136.27 bn by 2023. TMR puts the market’s overall value at US$84.61 bn in 2014.
Some of the most common types of packaging techniques used in the pharma sector include blisters, bottles, pouches, vials, tubes, ampoules, and prefilled syringes. The packaging process in the healthcare industry comprises assembling of drugs and sterilizing in the final containers, and labelling the containers correctly.
Stringent Regulations Increase Demand for Quality Packaging and Labeling Services in Healthcare
Proper packaging extends the shelf-life of pharmaceutical drugs by inhibiting microbial growth. Since pharmaceutical and medical devices have a crucial role to play in ensuring public well-being, stringent policies are implemented to ascertain that the pharmaceuticals packaging comply with the highest standards of quality. The implementation of stringent policies has therefore encouraged pharma companies and medical device manufacturers to spend on R&D of advanced packaging techniques.
Due to the increasing demand for minimizing environmental impact, pharmacies are now exploring green and bio-based alternatives. This calls for higher R&D expenditure. Besides this, the medical devices and pharmaceutical industry deals with highly diversified products that renders the likelihood for developing ubiquitous packaging techniques bleak. It is therefore imperative for the healthcare industry to oblige to the highest standards of packaging and labelling. This is also important to ensure the integrity of drugs.
Complicated Registration Process Viewed as Major Bottleneck
Despite gaining from favorable government regulations, complicated registration and approval processes are likely to impede the market’s trajectory. Nevertheless, the market is expected to substantially gain from the rising adoption of nano-enabled packaging in the pharmaceutical industry. Rise in demand from developing nations will also create attractive opportunities for the global packaging and labeling services market.
The global packaging and labeling services market is witnessing a strong growth in the healthcare sector. Transparency Market Research (TMR) states that the demand for packaging and labelling in healthcare will increase in response to the growth of the pharmaceutical and medical device industry.
Demand for Primary Packaging Expected to be Highest
Demand for primary packaging in the healthcare industry is likely to increase at a robust pace. As per TMR analysis, the primary packaging segment accounted for over 60.7% of the market in 2014. Through the report’s forecast period, the segment is projected to continue dominating the market. As with the secondary packaging segment, it is expected to exhibit a CAGR of 5.9% during the forecast period.
Europe’s Healthcare Industry to Exhibit Lucrative Prospects for Packaging and Labeling Services
Through the forecast period, Europe’s healthcare industry is likely to exhibit opportunities for the packaging and labelling services in abundance. The region held the dominant share of 31.3% in the global market in 2014. As per TMR analysis, the market in Europe will majorly gain from the rising number of pharma and biotech companies in the region increasingly demand for packaging and labelling services. Companies offering packaging and labeling services to the healthcare industry will also get facilitated by the rising opportunities in Asia Pacific.
The top players operating in the global packaging and labeling services market include Amcor Limited, 3M Company, CCL Industries, Inc., Bemis Company, Inc., E. I. du Pont de Nemours and Company (DuPont), Sonoco Products Company, Gerresheimer AG, and WestRock Company.
Inactive Lifestyle and High Prevalence of Chronic Diseases to Boost Packaging and Labeling (Healthcare) Services Market
The rising prevalence of chronic diseases globally is putting a strain on the healthcare industry. The majority of these illnesses are often related to poor lifestyle choices. As a result of changing lifestyles and increasing healthcare expenses, the global packaging and labelling (healthcare) services market is expected to expand. Prefilled syringes, ampoules, tubes, vials, pouches, bottles, and blisters are some of the most popular forms of packaging methods utilized in the pharmaceutical industry. In the healthcare industry, the packaging process involves assembling drugs, sterilizing them in final containers, and accurately labeling them.
Investment in Innovative Packaging by Pharma Companies to Foster Market Growth
By preventing microbial growth, appropriate packaging extends the shelf life of prescription drugs. Because medical devices and pharmaceuticals play such an important role in public health, strict policies are in place to ensure that pharmaceutical packaging meets the highest quality requirements. As a result of the strict policies in place, pharma companies and medical device manufacturers have been encouraged to invest in innovative packaging research and development. Growth of the pharmaceutical industries is estimated to bode well for the global packaging and labelling (healthcare) services market in the years to come.
Pharmacies are now researching on bio-based and green alternatives in response to the demand for reducing environmental effects. This necessitates a greater investment in research and development activities. In addition to that, the pharmaceutical and medical device industries deal with a wide range of products, making the development of uniform packaging techniques unlikely. As a result, the healthcare industry must adhere to the strictest packaging and labelling requirements. This is also essential in order to maintain drug credibility, which is likely to benefit the global packaging and labelling (healthcare) services market in the years to come.
Syringes, glass pipettes and test tubes, microscope slides, and a number of other medical instruments are particularly delicate and must be treated with great precaution. These resources may be used to travel long distances using a variety of modes of transportation, which is why the demand for proper packaging and labelling is likely to rise.
Table of Content
1. Preface
1.1. Report Description
1.2. Market Segmentation
1.3. Research Methodology
2. Executive Summary
2.1. Packaging and Labeling (Health Care) Services: Market Snapshot
2.2. Global Packaging and Labeling (Health Care) Services Market Share, by Geography, 2014 & 2023 (Value %)
2.3. Global Packaging and Labeling (Health Care) Services Market, by Packaging Type, 2014 (US$ Mn)
2.4. Global Packaging and Labeling (Health Care) Services Market, by Packaged Product Type, 2014 (US$ Mn)
3. Global Packaging and Labeling (Health Care) Services Market – Industry Analysis
3.1. Introduction
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.1.1. Growing pharmaceutical and medical device industry
3.2.1.2. Increase in demand for anti-counterfeiting drug packaging technologies and products
3.2.1.3. Stringent government regulations and standards for packaging and labeling
3.2.2. Restraints
3.2.2.1. Complicated registration procedures
3.2.3. Opportunities
3.2.3.1. Rise in demand in emerging countries
3.2.3.2. Increase in adoption of nano-enabled pharmaceutical packaging
3.3. Event Impact Analysis - Global Packaging and Labeling Services Market
3.4. Market Attractiveness Analysis - Global Packaging and Labeling Services Market, by Geography, 2014
3.5. Competitive Landscape - Global Packaging and Labeling (Health Care) Services Market Share, by Key Players, 2014 (%)
4. Market Segmentation – By Packaging Type
4.1. Introduction
4.2. Global Packaging and Labeling (Health Care) Services Market Revenue, by Packaging Type, (US$ Mn), 2013–2023
4.3. Global Primary Packaging Market Revenue, by Packaging Type, (US$ Mn), 2013–2023
4.3.1. Global Blister Packaging Market Revenue, (US$ Mn), 2013–2023
4.3.2. Global Bottle Packaging Market Revenue, (US$ Mn), 2013–2023
4.3.3. Global Pouch Packaging Market Revenue, (US$ Mn), 2013–2023
4.3.4. Global Tube Packaging Market Revenue, (US$ Mn), 2013–2023
4.3.5. Global Other Primary Packaging Market Revenue, (US$ Mn), 2013–2023
4.4. Global Secondary Packaging Market Revenue, by Type, (US$ Mn), 2013–2023
4.4.1. Global Labeling Market Revenue, (US$ Mn), 2013–2023
4.4.2. Global Cartoning Market Revenue, (US$ Mn), 2013–2023
5. Market Segmentation – By Packaged Product Type
5.1. Introduction
5.2. Global Packaging and Labeling (Health Care) Services Market Revenue, by Packaged Product Type, (US$ Mn), 2013–2023
5.3. Global Solid Pharmaceutical Dosage Form Packaging and Labeling Services Market Revenue, by Packaged Product Type, (US$ Mn), 2013–2023
5.3.1. Global Tablet Packaging Market Revenue, (US$ Mn), 2013–2023
5.3.2. Global Capsule Packaging Market Revenue, (US$ Mn), 2013–2023
5.3.3. Global Granules Packaging Market Revenue, (US$ Mn), 2013–2023
5.3.4. Global Powder Packaging Market Revenue, (US$ Mn), 2013–2023
5.4. Global Semi-solid Pharmaceutical Dosage Form Packaging and Labeling Services Market Revenue, by Packaged Product Type, (US$ Mn), 2013–2023
5.4.1. Global Cream Packaging Market Revenue, (US$ Mn), 2013–2023
5.4.2. Global Ointment Packaging Market Revenue, (US$ Mn), 2013–2023
5.4.3. Global Suppositories Packaging Market Revenue, (US$ Mn), 2013–2023
5.5. Global Liquid Pharmaceutical Dosage Form Packaging and Labeling Services Market Revenue, by Packaged Product Type, (US$ Mn), 2013–2023
5.5.1. Global Syrup Packaging Market Revenue, (US$ Mn), 2013–2023
5.5.2. Global Eye/Ear Drops Packaging Market Revenue, (US$ Mn), 2013–2023
5.5.3. Global Aerosols Packaging Market Revenue, (US$ Mn), 2013–2023
5.6. Global Medical Device Packaging Market Revenue, (US$ Mn), 2013–2023
6. Market Segmentation – By Geography
6.1. Introduction
6.2. Global Packaging and Labeling (Health Care) Services Market Revenue, by Geography, (US$ Mn), 2013–2023
6.3. North America Packaging and Labeling (Health Care) Services Market Revenue, by Country, (US$ Mn), 2013–2023
6.3.1. U.S. Packaging and Labeling Services Market Revenue, (US$ Mn), 2013–2023
6.3.2. Canada Packaging and Labeling Services Market Revenue, (US$ Mn), 2013–2023
6.4. Europe Packaging and Labeling (Health Care) Services Market Revenue, by Country, (US$ Mn), 2013–2023
6.4.1. Germany Packaging and Labeling Services Market Revenue, (US$ Mn), 2013–2023
6.4.2. U.K. Packaging and Labeling Services Market Revenue, (US$ Mn), 2013–2023
6.4.3. Rest of Europe Packaging and Labeling Services Market Revenue, (US$ Mn), 2013–2023
6.5. Asia Pacific Packaging and Labeling (Health Care) Services Market Revenue, by Country, (US$ Mn), 2013–2023
6.5.1. China Packaging and Labeling Services Market Revenue, (US$ Mn), 2013–2023
6.5.2. Japan Packaging and Labeling Services Market Revenue, (US$ Mn), 2013–2023
6.5.3. Rest of Asia Pacific Packaging and Labeling Services Market Revenue, (US$ Mn), 2013–2023
6.6. Latin America Packaging and Labeling (Health Care) Services Market Revenue, by Country, (US$ Mn), 2013–2023
6.6.1. Brazil Packaging and Labeling Services Market Revenue, (US$ Mn), 2013–2023
6.6.2. Rest of Latin America Packaging and Labeling Services Market Revenue, (US$ Mn), 2013–2023
6.7. Rest of the World Packaging and Labeling (Health Care) Services Market Revenue, (US$ Mn), 2013–2023
7. Recommendations
8. Company Profiles
8.1. 3M Company
8.2. Amcor Limited
8.3. Bemis Company, Inc.
8.4. CCL Industries, Inc.
8.5. E. I. du Pont de Nemours and Company
8.6. Gerresheimer AG
8.7. Owens-Illinois, Inc.
8.8. Schott AG
8.9. Sonoco Products Company
8.10. WestRock Company
List of Tables
TABLE 1 Packaging and Labeling (Health Care) Services: Market Snapshot
TABLE 2 Packaging and Labeling (Health Care) Services: Event Impact Analysis
TABLE 3 Global Packaging and Labeling (Health Care) Services Market Revenue, by Packaging Type, 2013–2023 (US$ Mn)
TABLE 4 Global Primary Packaging Market Revenue, by Packaging Type, (US$ Mn), 2013–2023
TABLE 5 Global Secondary Packaging Market Revenue, by Type, (US$ Mn), 2013–2023
TABLE 6 Global Packaging and Labeling (Health Care) Services Market Revenue, by Packaged Product Type, (US$ Mn), 2013–2023
TABLE 7 Global Solid Pharmaceutical Dosage Form Packaging and Labeling Services Market Revenue, by Packaged Product Type, (US$ Mn), 2013–2023
TABLE 8 Global Semi-solid Pharmaceutical Dosage Form Packaging and Labeling Services Market Revenue, by Packaged Product Type, (US$ Mn), 2013–2023
TABLE 9 Global Liquid Pharmaceutical Dosage Form Packaging and Labeling Services Market Revenue, by Packaged Product Type, (US$ Mn), 2013–2023
TABLE 10 Global Packaging and Labeling (Health Care) Services Market Revenue, by Geography, (US$ Mn), 2013–2023
TABLE 11 North America Packaging and Labeling (Health Care) Services Market Revenue, by Country, (US$ Mn), 2013–2023
TABLE 12 Europe Packaging and Labeling (Health Care) Services Market Revenue, by Country, (US$ Mn), 2013–2023
TABLE 13 Asia Pacific Packaging and Labeling (Health Care) Services Market Revenue, by Country, (US$ Mn), 2013–2023
TABLE 14 Latin America Packaging and Labeling (Health Care) Services Market Revenue, by Country, (US$ Mn), 2013–2023
TABLE 15 RoW Packaging and Labeling Services Market Revenue, (US$ Mn), 2013–2023
List of Figures
FIG. 1 Market Segmentation
FIG. 2 Global Packaging and Labeling (Health Care) Services Market Share, by Geography, 2014
FIG. 3 Global Packaging and Labeling (Health Care) Services Market Share, by Geography, 2023
FIG. 4 Global Packaging and Labeling (Health Care) Services Market Revenue, by Packaging Type, 2014 (US$ Mn)
FIG. 5 Global Packaging and Labeling (Health Care) Services Market Revenue, by Packaged Product Type, (US$ Mn), 2014
FIG. 6 Global Packaging and Labeling (Health Care) Services Market, by Geography, (Value %), 2014
FIG. 7 Global Packaging and Labeling (Health Care) Services Market Share, by Key Players, 2014 (%)
FIG. 8 Global Blister Packaging Market Revenue, (US$ Mn), 2013–2023
FIG. 9 Global Bottle Packaging Market Revenue, (US$ Mn), 2013–2023
FIG. 10 Global Pouch Packaging Market Revenue, (US$ Mn), 2013–2023
FIG. 11 Global Tube Packaging Market Revenue, (US$ Mn), 2013–2023
FIG. 12 Global Other Primary Packaging Market Revenue, (US$ Mn), 2013–2023
FIG. 13 Global Labeling Market Revenue, (US$ Mn), 2013–2023
FIG. 14 Global Cartoning Market Revenue, (US$ Mn), 2013–2023
FIG. 15 Global Tablet Packaging Market Revenue, (US$ Mn), 2013–2023
FIG. 16 Global Capsule Packaging Market Revenue, (US$ Mn), 2013–2023
FIG. 17 Global Granules Packaging Market Revenue, (US$ Mn), 2013–2023
FIG. 18 Global Powder Packaging Market Revenue, (US$ Mn), 2013–2023
FIG. 19 Global Cream Packaging Market Revenue, (US$ Mn), 2013–2023
FIG. 20 Global Ointment Packaging Market Revenue, (US$ Mn), 2013–2023
FIG. 21 Global Suppositories Packaging Market Revenue, (US$ Mn), 2013–2023
FIG. 22 Global Syrup Packaging Market Revenue, (US$ Mn), 2013–2023
FIG. 23 Global Eye/Ear Drops Packaging Market Revenue, (US$ Mn), 2013–2023
FIG. 24 Global Aerosols Packaging Market Revenue, (US$ Mn), 2013–2023
FIG. 25 Global Medical Device Packaging Market Revenue, (US$ Mn), 2013–2023
FIG. 26 U.S. Packaging and Labeling Services Market Revenue, (US$ Mn), 2013–2023
FIG. 27 Canada Packaging and Labeling Services Market Revenue, (US$ Mn), 2013–2023
FIG. 28 Germany Packaging and Labeling Services Market Revenue, (US$ Mn), 2013–2023
FIG. 29 U.K. Packaging and Labeling Services Market Revenue, (US$ Mn), 2013–2023
FIG. 30 Rest of Europe Packaging and Labeling Services Market Revenue, (US$ Mn), 2013–2023
FIG. 31 China Packaging and Labeling Services Market Revenue, (US$ Mn), 2013–2023
FIG. 32 Japan Packaging and Labeling Services Market Revenue, (US$ Mn), 2013–2023
FIG. 33 Rest of Asia Pacific Packaging and Labeling Services Market Revenue, (US$ Mn), 2013–2023
FIG. 34 Brazil Packaging and Labeling Services Market Revenue, (US$ Mn), 2013–2023
FIG. 35 Rest of Latin America Packaging and Labeling Services Market Revenue, (US$ Mn), 2013–2023
FIG. 36 RoW Packaging and Labeling Services Market Revenue, (US$ Mn), 2013–2023
FIG. 37 3M Financial Details: (US$ Mn), 2012–2014
FIG. 38 Amcor Limited Financial Details: (US$ Mn), 2012–2014
FIG. 39 Bemis Company, Inc. Financial Details: (US$ Mn), 2012–2014
FIG. 40 CCL Industries, Inc. Financial Details: (US$ Mn), 2012–2014
FIG. 41 E. I. du Pont de Nemours and Company Financial Details: (US$ Mn), 2012–2014
FIG. 42 Gerresheimer AG Financial Details: (US$ Mn), 2012–2014
FIG. 43 Owens-Illinois, Inc. Financial Details: (US$ Mn), 2012–2014
FIG. 44 Schott AG Financial Details: (US$ Mn), 2012–2014
FIG. 45 Sonoco Products Company Financial Details: (US$ Mn), 2012–2014
FIG. 46 WestRock Company Financial Details: (US$ Mn), 2012–2014
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Packaging and Labeling (Healthcare) Services Market
