{"id":568219,"date":"2021-10-11T10:02:01","date_gmt":"2021-10-11T10:02:01","guid":{"rendered":"https:\/\/www.abnewswire.com\/pressreleases\/?p=568219"},"modified":"2021-10-11T10:02:01","modified_gmt":"2021-10-11T10:02:01","slug":"europe-pharmaceutical-packaging-materials-market-trends-growth-demand-opportunities-scope-forecast-by-2025-grand-view-research-inc","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/europe-pharmaceutical-packaging-materials-market-trends-growth-demand-opportunities-scope-forecast-by-2025-grand-view-research-inc_568219.html","title":{"rendered":"Europe Pharmaceutical Packaging Materials Market Trends, Growth, Demand, opportunities, Scope & Forecast by 2025 | Grand View Research, Inc."},"content":{"rendered":"
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\"Europe<\/a><\/div>\n
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“Grand View Research, Inc. \u2013 Market Research And Consulting.”<\/div>\n<\/div>\n<\/div>\n
According to a new report published by Grand View Research, recent technological advancements, such as smart packing, are likely to drive growth. Increasing use of environment-friendly pharmaceutical and energy-saving packing products is also expected to influence the market positively.<\/div>\n

The Europe pharmaceutical packaging materials market<\/strong><\/a> size is anticipated to reach USD 9.91 billion by 2025<\/strong>, expanding at a CAGR of 7.7%<\/strong> during the forecast period, according to a new report by Grand View Research, Inc.<\/strong> Technological advancements are projected to positively impact the demand. The quality of packaging facilitates easy handling safety of the pharmaceuticals, especially during storage and transportation. Rising environmental awareness and stringent regulatory framework are other factors anticipated to create growth opportunities in near future.<\/p>\n

Growth of the Europe market is likely to be driven by the increasing consumption of medicines owing to the rise in the aging population, mainly in countries, such as Italy, Germany, and others. Factors such as regulatory interventions to reduce plastic waste and an increase in the usability of pharmaceutical packaging have driven manufacturers toward adopting bioplastics and recycled plastic materials from waste as a substitute for virgin plastic.<\/p>\n

The market is expected to witness a growth of 7.7% over the forecast period, owing to rising product demand from various from various application such as plastic bottles, blister packs, labels and accessories, caps and closures, medical specialty bags, and others. Rising demand for plastic bottles and blister packs is significantly driving the regional market growth.<\/p>\n

Browse full report with Table of Content @<\/strong> https:\/\/www.grandviewresearch.com\/industry-analysis\/europe-pharmaceutical-packaging-materials-market<\/a><\/p>\n

Europe Pharmaceutical Packaging Materials Market Report Highlights<\/strong><\/p>\n

• Polypropylene was the largest product segment in the Europe pharmaceutical packaging material market and accounted for a revenue share of 26.74% in 2018<\/p>\n

• Polypropylene emerged as the fastest growing product segment in Europe on account of the chemical properties of the product, such as resistance to chemical solvents, acids, and bases along with excellent mechanical strength<\/p>\n

• Pre-filled syringes application segment accounted for a market share of 12.51% in terms of revenue, in 2018 and is projected to expand at the highest CAGR over forecast period<\/p>\n

• Stringent environmental rules and regulations and focus on indoor air quality is anticipated to drive the HDPE and PET product segment<\/p>\n

• Key players include Eastman Chemical Company, Covestro AG, Dow, LyondellBasell Industries Holdings B.V., Sumitomo Chemical Co., Ltd., Arkema, Solvay S.A., Mitsubishi Chemical Europe GmbH, Exxon Mobil Corporation, and Formosa Plastics Corporation<\/p>\n

For Requesting a Sample Copy of This Report, Please Visit @<\/strong> https:\/\/www.grandviewresearch.com\/industry-analysis\/europe-pharmaceutical-packaging-materials-market\/request\/rs1<\/a><\/p>\n

Europe Pharmaceutical Packaging Materials Market Segmentation<\/strong><\/p>\n

Grand View Research has segmented the Europe pharmaceutical packaging materials market on the basis of product, application, and country:<\/p>\n

Europe Pharmaceutical Packaging Materials Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 – 2025)<\/strong><\/p>\n

    • High-Density Polyethylene (HDPE)                                                <\/p>\n

    • Low-Density Polyethylene (LDPE)<\/p>\n

    • Polyester (PE)        <\/p>\n

    • Polypropylene (PP)     <\/p>\n

    • Polyvinyl Chloride (PVC)<\/p>\n

    • Polyethylene Terephthalate (PET)<\/p>\n

Europe Pharmaceutical Packaging Materials Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 – 2025) <\/strong><\/p>\n

    • Plastic Bottles<\/p>\n

    • Blister Packs<\/p>\n

    • Label & Accessories<\/p>\n

    • Caps & Closures<\/p>\n

    • Medical Specialty Bags<\/p>\n

    • Pre-Filled Syringes<\/p>\n

    • Ampoules<\/p>\n

    • Jars & Canisters<\/p>\n

    • Others<\/p>\n

Europe Pharmaceutical Packaging Materials Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 – 2025)     <\/strong><\/p>\n

     • Europe<\/p>\n

        • Germany<\/p>\n

        • U.K.<\/p>\n

        • Russia<\/p>\n

        • Italy<\/p>\n

        • France<\/p>\n

Inquire more or share questions if any before the purchase on this report @<\/strong> https:\/\/www.grandviewresearch.com\/inquiry\/6764\/ibb<\/a><\/p>\n

Browse More Related Report:<\/strong><\/p>\n

Pharmaceutical Packaging Equipment Market<\/strong><\/a> Size, Share & Trend Analysis Report By Machine Type (Filling, Labeling, Form-Fill-Seal, Wrapping, Palletizing, Cleaning), By Region, And Segment Forecasts, 2019 – 2025<\/p>\n

About Grand View Research<\/strong><\/p>\n

Grand View Research is a market research and consulting company that offers market research reports, syndicated and customized reports. The company is headquartered in San Francisco, California. It offers client engagement for business consulting and market intelligence from various domains. The clientele is based across various countries with queries coming from more than 50 industries worldwide.<\/p>\n

Grand View Research helps its clients to make informed decisions by helping them understand current trends and scenarios. Every year Grand View Research accomplishes more than 300 multi-country market studies to optimize consulting for clients. <\/p>\n

Media Contact<\/span>
Company Name:<\/strong> Grand View Research, Inc.<\/a>
Contact Person:<\/strong> Sherry James, Corporate Sales Specialist – U.S.A.
Email:<\/strong> Send Email<\/a>
Phone:<\/strong> 1888202951
Address:<\/strong>Grand View Research, Inc. 201 Spear Street 1100 San Francisco, CA 94105, United States
City:<\/strong> San Francisco
State:<\/strong> California
Country:<\/strong> United States
Website:<\/strong> https:\/\/www.grandviewresearch.com\/industry-analysis\/europe-pharmaceutical-packaging-materials-market<\/a><\/p>\n

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“Grand View Research, Inc. \u2013 Market Research And Consulting.” According to a new report published by Grand View Research, recent technological advancements, such as smart packing, are likely to drive growth. Increasing use of environment-friendly pharmaceutical and energy-saving packing products … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[401,410,416],"tags":[],"class_list":["post-568219","post","type-post","status-publish","format-standard","hentry","category-Business","category-Manufacturing-Industry","category-World"],"_links":{"self":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/568219","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/comments?post=568219"}],"version-history":[{"count":0,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/568219\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/media?parent=568219"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/categories?post=568219"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/tags?post=568219"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}