MEA Pharmaceutical Plastic Bottles Market Size (2024 - 2029)

MEA Pharmaceutical Plastic Bottles Market Analysis

The Middle East And Africa Pharmaceutical Plastic Bottles Market size is estimated at USD 0.74 billion in 2024, and is expected to reach USD 0.89 billion by 2029, growing at a CAGR of 3.76% during the forecast period (2024-2029).

• Consumers are increasingly choosing plastic packaging solutions over other products due to their light weight and ease of handling. Major manufacturers are increasingly opting for plastic packaging solutions due to their lower production costs. The emergence of PET and HDPE polymers is expanding the scope of plastic bottle applications.
• As mentioned, plastic packaging solutions are typically more cost-efficient to manufacture than other materials, such as glass. This is especially beneficial for pharmaceutical companies, particularly in the Middle East and African countries, where cost sensitivity is a priority. Lower manufacturing costs can result in more competitive pricing of pharmaceutical products, thus attracting more customers and stimulating market growth.
• In addition, the National Committee of Pharmaceutical Industries (NCPI) stated that Saudi Arabia encourages the local production of pharmaceutical products by Vision 2030, thus increasing the demand for plastic bottles. The Vision 2030 initiative seeks to reform the healthcare sector. It is expected to revive market growth, likely stimulating the healthcare packaging market in Saudi Arabia. Several regional companies have concluded agreements to improve the recycling of their plastic bottles.
• Plastic bottles represent a severe environmental risk if they are not managed appropriately at the start of the value chain and throughout their prolonged existence, especially in the ocean. Due to increased plastic bottle production and use in the Arabian Gulf and shipping and waste disposal practices, the amount of plastic waste on the ocean’s surface and beaches has increased. Plastic bottle packaging companies must adhere to suitable recycling regulations to introduce their products in the region, restricting the market growth.

MEA Pharmaceutical Plastic Bottles Industry Segmentation

Pharmaceutical plastic bottles are containers specifically designed and manufactured for the storage and distribution of pharmaceutical products. These bottles are an essential component of the pharmaceutical packaging industry and play a crucial role in maintaining the safety, efficacy, and integrity of medications and other healthcare products.

The pharmaceutical plastic bottles market in the Middle East and Africa is segmented by raw material (polyethylene terephthalate (PET), polypropylene (PP), low-density polyethylene (LDPE), and high-density polyethylene (HDPE)), type (solid containers, dropper bottles, nasal spray bottles, liquid bottles, oral care, and other types), and country (Saudi Arabia, United Arab Emirates, South Africa, Egypt, and the Rest of Middle East and Africa). The report offers market forecasts and sizes in value (USD) for all the above segments.