Market Size of Middle East and West Africa Pharmaceutical Plastic Packaging Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 6.54 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Middle East & West Africa Pharmaceutical Plastic Packaging Market Analysis
The Middle East and West Africa Pharmaceutical Plastic Packaging Market is anticipated to register a CAGR of 4.8% during the forecast period. Factors such as weighing down cost reduction in pharmaceutical firms, involvement in comprehensive control guidance, organization, and capacities, progress in the over-the-call industry, counterfeit products measures, and mechanical developments will drive market growth.
- The market for pharmaceutical plastic packaging is anticipated to continue to rise due to the rising prevalence of chronic diseases, the growth of the biologics market, and technical advancements.
- The penetration of retail pharmacies in the region is expected to increase, while pharmaceutical manufacturers' emphasis on product differentiation and brand improvement is expected to increase. Furthermore, there is a greater demand for drugs due to the rising prevalence of chronic diseases brought on by altered dietary patterns, lifestyles, and sleep cycles.
- Plastics are the most used materials in pharmaceutical packaging. Plastics are gaining increasing importance in the packaging of pharmaceutical goods due to barriers against moisture, high dimensional stability, high impact strength, resistance to strain, low water absorption, transparency, and resistance to heat and flame. Moreover, the government's focus on improving healthcare systems and insurance coverage drives up demand for pharmaceuticals, fueling market expansion.
- Although there are excellent prospects to improve food production and processing in Africa, the region's lack of or inadequate supply chains continue to slow the expansion of the need for plastic pharmaceutical packaging.
- During Covid -19, the market, which includes bottles and containers, has continued to soar. In addition, packaging companies are seen investing in the sterile format while increasing their production capacity due to the need for biologics and vaccines.
Middle East & West Africa Pharmaceutical Plastic Packaging Industry Segmentation
The plastic used for packaging pharmaceutical medications is referred to as pharmaceutical plastic packaging. The oral segment, based on medication delivery, may dominate the pharmaceutical packaging market in the future.
The Middle East and West Africa Pharmaceutical Plastic Packaging Market is segmented by Raw Material (Polypropylene, Polyethylene Terephthalate, Low-Density Polyethylene, High-Density Polyethylene), Product Type (Solid Containers, Dropper Bottles, Nasal Spray Bottles, Liquid Bottles, Oral Care, Pouches, Vials & Ampoules, Cartridges, Syringes, Caps & Closures), Region.
| By Raw Material | |
| Polypropylene (PP) | |
| Polyethylene Terephthalate (PET) | |
| Low Density Polyethylene (LDPE) | |
| High Density Polyethylene (HDPE) | |
| Other Types of Materials |
| By Product | |
| Solid Containers | |
| Dropper Bottles | |
| Nasal Spray Bottles | |
| Liquid Bottles | |
| Oral Care | |
| Pouches | |
| Vials & Ampoules | |
| Cartridges | |
| Syringes | |
| Caps & Closures | |
| Other Product Types |
| Region | |||||||||
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Middle East and West Africa Pharmaceutical Plastic Packaging Market Size Summary
The Middle East and West Africa Pharmaceutical Plastic Packaging Market is poised for growth, driven by several key factors. The increasing prevalence of chronic diseases and the expansion of the biologics market are significant contributors to this upward trend. Technical advancements in packaging materials, particularly plastics, are enhancing the appeal of pharmaceutical packaging due to their superior properties such as moisture resistance, dimensional stability, and impact strength. The region's healthcare system improvements and increased insurance coverage are further fueling the demand for pharmaceuticals, thereby boosting the market for plastic packaging. Despite challenges like inadequate supply chains in Africa, the market continues to thrive, with companies investing in sterile formats and expanding production capacities to meet the rising demand for biologics and vaccines.
In Saudi Arabia, the pharmaceutical market is experiencing rapid expansion, supported by enhanced healthcare infrastructure and a growing focus on non-communicable diseases. Government policies favoring domestic producers, such as interest-free financing and subsidies, are expected to drive significant demand for pharmaceutical packaging. The market is moderately consolidated, with major players like Amcor Plc, Berry Global Inc, and Alpla Group leading the way. These companies are actively expanding their customer base and forming strategic partnerships to enhance market share. Innovations in packaging technology, such as Amcor's PowerPostTM and ALPLA's flexible extrusion blow molding, are setting new standards in sustainability and customization, further propelling market growth.
Middle East and West Africa Pharmaceutical Plastic Packaging Market Size - Table of Contents
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1. MARKET INSIGHTS
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1.1 Market Overview
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1.2 Industry Attractiveness-Porter's Five Force Analysis
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1.2.1 Bargaining Power of Suppliers
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1.2.2 Bargaining Power of Buyers/Consumers
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1.2.3 Threat of New Entrants
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1.2.4 Threat of Substitute Products
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1.2.5 Intensity of Competitive Rivalry
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1.3 Technology Insights
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1.4 Impact of COVID-19 on the Pharmaceutical Plastic Packaging Market in region
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2. MARKET SEGMENTATION
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2.1 By Raw Material
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2.1.1 Polypropylene (PP)
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2.1.2 Polyethylene Terephthalate (PET)
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2.1.3 Low Density Polyethylene (LDPE)
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2.1.4 High Density Polyethylene (HDPE)
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2.1.5 Other Types of Materials
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2.2 By Product
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2.2.1 Solid Containers
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2.2.2 Dropper Bottles
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2.2.3 Nasal Spray Bottles
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2.2.4 Liquid Bottles
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2.2.5 Oral Care
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2.2.6 Pouches
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2.2.7 Vials & Ampoules
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2.2.8 Cartridges
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2.2.9 Syringes
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2.2.10 Caps & Closures
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2.2.11 Other Product Types
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2.3 Region
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2.3.1 Middle East
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2.3.1.1 UAE
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2.3.1.2 Saudi Arabia
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2.3.1.3 Qatar
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2.3.1.4 Turkey
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2.3.1.5 Egypt
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2.3.1.6 South Africa
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2.3.1.7 Rest of Middle East and Africa
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Middle East and West Africa Pharmaceutical Plastic Packaging Market Size FAQs
What is the current Middle East and West Africa Pharmaceutical Plastic Packaging Market size?
The Middle East and West Africa Pharmaceutical Plastic Packaging Market is projected to register a CAGR of 6.54% during the forecast period (2024-2029)
Who are the key players in Middle East and West Africa Pharmaceutical Plastic Packaging Market?
Amcor Plc, plastipak holdings Inc, Berry Global Inc., Alpla Group and Alpack Plastic Packaging are the major companies operating in the Middle East and West Africa Pharmaceutical Plastic Packaging Market.
