The report presents and showcases a dynamic vision of the global scenario in terms of sustainable pharmaceutical packaging market size, market statistics, and competitive situation. The sustainable pharmaceutical packaging market is expected to experience strong growth in the coming years due to several drivers and trends. 

Here are some of the key drivers and factors contributing to the demand for sustainable pharmaceutical packaging:

1. Growing consumer awareness: Consumers are becoming more environmentally conscious and are looking for eco-friendly products, including pharmaceuticals. This is driving demand for sustainable packaging materials.

2. Government regulations: Governments around the world are implementing regulations to reduce plastic waste and encourage the use of sustainable packaging materials. This is expected to drive demand for sustainable pharmaceutical packaging.

3. Cost savings: Sustainable packaging materials such as recycled paper, bioplastics, and glass can be less expensive than traditional plastic packaging in the long term. This is driving pharmaceutical companies to switch to more sustainable packaging options.

4. Brand differentiation: Companies are recognizing the importance of sustainability as a key factor in brand differentiation. Using sustainable packaging can help companies stand out from competitors and appeal to environmentally conscious consumers.

5. Supply chain sustainability: Sustainability is becoming an important factor throughout the entire supply chain, from sourcing materials to delivering the final product. Using sustainable packaging is one way for pharmaceutical companies to ensure their entire supply chain is environmentally responsible.

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Based on these drivers, the demand for sustainable pharmaceutical packaging is expected to continue to grow in the coming years. According to a report by MarketsandMarkets, The global Sustainable pharmaceutical packaging market size is projected to grow from USD 71.6 billion in 2022 to USD 146.3 billion by 2027, at a CAGR of 15.4% during the forecast period. The pharmaceutical industry is expected to be one of the key industries driving this growth.

There are different players that operate in the sustainable pharmaceutical packaging market. The major market players include Schott AG (Germany), Amcor PLC (Switzerland), AptarGroup,Inc (US), West Pharmaceutical Services, Inc. (US), Berry Global (US), Gerresheimer AG (Germany), Catalent,Inc (US), and WestRock (US).  among others. Various strategies, such as new product launch, expansion, and product development are adopted by several players to gain a competitive edge to increase their global footprint and sustain growth in sustainable pharmaceutical packaging market.

Gerresheimer AG is a leading company for medicine packaging, drug delivery devices, and providing solutions for pharma. The company is primarily engaged in the manufacturing and supply of glass and plastic packaging solutions for the global pharmaceutical and healthcare industries. It operates through three business segments, namely, plastics & devices, primary packaging glass, and advanced technologies. It conducts its pharmaceutical packaging business through its primary packaging glass and plastics & devices segments. The company operates 36 manufacturing plants in 16 countries across Europe, the Americas, and Asia. The operations are in Mexico, Poland, Switzerland, India, Singapore, the Czech Republic, Belgium, Brazil, China, Denmark, France, North Macedonia, Spain, and the US. It has more than 10,000 employees, out of which 4,504 are in the plastic & devices segment and 5,333 in the primary packaging glass segment.

SCHOTT AG is a manufacturer of high-tech materials for specialty glasses. The company operates as a subsidiary of Carl-Zeiss-Stiftung (Germany). It operates through four business segments, namely, precision materials, optical industries, home appliances, and trade & others. The packaging business is conducted through the precision materials business division. SCHOTT AG serves a multitude of industries, ranging from healthcare, home appliances & living, and consumer electronics to semiconductors & datacom, optics, industry & energy, automotive, and astronomy & aerospace. SCHOTT established its subsidiary SCHOTT Pharma to advance its growth strategy for its pharma business, especially in pharma drug containment and delivery solutions. SCHOTT Pharma’s product portfolio ranges from drug containment solutions to drug delivery systems such as pharmaceutical syringes, cartridges, vials, and ampoules, with more than 13 billion drug containers produced every year. SCHOTT AG offers glass tubing and primary packaging, including syringes, vials, ampoules, and cartridges, for the pharmaceutical industry. SCHOTT has manufacturing sites and sales offices in 34 countries and 600 production sites in 13 countries. The company has a total of 17,300 employees working globally.

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Based on region, South America is projected to register the second highest CAGR during the forecast period.

South America is a region that is increasingly focused on sustainability and the pharmaceutical industry is no exception. Pharmaceutical companies in South America are exploring innovative ways to reduce their environmental footprint and improve sustainability in their packaging. In recent years, there has been a growing interest in eco-friendly packaging options such as biodegradable plastics, recyclable plastics, paper-based packaging, and reusable containers. Additionally, the regulatory landscape in South America is becoming more stringent with regards to environmental protection and sustainability. Governments are imposing stricter regulations on packaging waste and sustainability practices, leading to a shift towards more sustainable packaging solutions. An increase in recycling collection processes for waste materials can lead to the growth of the sustainable pharmaceutical packaging market. This is because recycling can help to reduce the amount of waste generated by the pharmaceutical industry and promote the use of environmentally friendly packaging materials.