The pharmaceutical packaging market is estimated to be worth US$ 108.9 billion in 2024 and is projected to be valued at US$ 214.7 billion in 2034 . Between 2024 and 2034, the industry is expected to expand at a CAGR of 6.4% . The continuous rise in global healthcare expenditure, coupled with the growing demand for pharmaceuticals driven by aging populations and the prevalence of chronic diseases, is a primary driver. As healthcare needs escalate, pharmaceutical production increases, necessitating advanced packaging solutions.
Stringent regulatory requirements imposed by health authorities worldwide play a pivotal role in the pha