Tablets And Capsules Packaging Market Size, Share Global Analysis Report, 2023 – 2030

Industry Insights

[218+ Pages Report] According to Facts and Factors, the global tablets and capsules packaging market size was valued at USD 10.75 billion in 2022 and is predicted to surpass USD 17.26 billion by the end of 2023. The tablets and capsules packaging industry is expected to grow by a CAGR of 6.09%.

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Market Overview

Tablets and capsule packaging is the process of manufacturing, labeling, and designing the packages to store, dispense, or protect pharmaceutical products. It plays a crucial role in the industry as it helps manufacturers ensure the quality, integrity, and safety of the medications. It also includes flexible packaging solutions, which help manufacturers cater the unit dose or multi-dose packaging to the consumers.

Key Insights

• As per the analysis shared by our research analyst, the global tablets and capsules packaging market size is estimated to grow annually at a CAGR of around 6.09% over the forecast period (2023-2030).
• In terms of revenue, the global tablets and capsules packaging market size was valued at around USD 10.75 billion in 2022 and is projected to reach USD 17.26 billion by 2030.
• Fast growing pharmaceutical sector is driving the growth of the global tablets and capsules packaging market.
• Based on the type, the flexible packaging segment is growing at a high rate and is projected to dominate the global market.
• Based on the material, the plastic segment is projected to swipe the largest market share.
• Based on the packaging, the strip pack segment is the fastest-growing segment in the global market.
• Based on the application, the pharmaceuticals segment is likely to dominate the global market.
• Based on the technology, the automatic technology segment is expected to swipe the largest share of the global market.
• Based on the end-user, the pharmacies segment is expected to swipe the largest share of the global market.
• Based on region, North America is expected to dominate the global market during the forecast period.           

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Growth Drivers

• Fast growing pharmaceutical sector is likely to drive the growth of the global market.

The continuously growing pharmaceutical industry is one of the major reasons for the growth of the global tablets and capsules packaging market. Various factors like the constantly growing aging population, increasing healthcare needs, and high prevalence of chronic diseases are some of the major factors strengthening the growth of the pharmaceutical industry in the global marketplace.

Additionally, the growing need to address the global concerns of counterfeit pharmaceutical products is another important reason encouraging the growth of the industry in the forthcoming year. Efficient packaging also helps manufacturers ensure the efficacy and safety of pharmaceutical products.

Manufacturers are also coming up with unique solutions that offer safety from tampering and contamination of medical products, thereby ensuring high product safety. For instance, Amcor came up with High Shield laminates in April 2020. These laminates are more sustainable in the medical packaging portfolio. It is a low-carbon, moisture-resistant, and recycled-ready packaging solution.

Restraints

• Regulatory compliance is likely to hamper the growth of the global market.

Regulatory compliance is a major concern faced by manufacturers in the tablets and capsules packaging industry. Aligning with constantly upgrading regulatory compliances is quite difficult for companies. Also, meeting the said requirement demands high investment in documentation, validation, and quality control processes, which further raises production costs and leads to delays in product launches.

Opportunities

• Patient-centric packaging is expected to foster growth opportunities in the global market.

There is a surging trend of patient-centric healthcare services, which is expected to open new opportunities in the global tablets and capsules packaging market. The patient-centric products require unique packaging that is easy to use and offers clear dosing instructions. These packaging support medication adherence and are patient-friendly.

Also, the advancements in the healthcare sector are boosting the demand for personalized medicine, which further requires patient-centric packaging for different medications and configurations as per the needs of the patients. For instance, Comar said to acquire Automatic Plastics Ltd. in April 2022. It is a strategic step to force Comar’s capabilities in pharmaceuticals and medical device packaging.

Challenges

• Packaging waste is a big challenge in the global market.

There are rising concerns regarding the environmental impact of packaging waste, which is expected to be a big challenge in the tablets and capsules packaging industry. Companies face big penalties and other punishments for not aligning with the regulatory compliance of the government. Furthermore, the increasing pressure from consumers to reduce packaging waste is also challenging for manufacturers.

Segmentation Analysis

 The global tablets and capsules packaging market can be segmented into type, material, packaging, application, technology, end-user, and region.

By type, the market can be segmented into hard and flexible packaging. The flexible packaging segment is expected to grow significantly during the forecast period. The flexible packaging is way more cost-effective than the other available options. It requires less space and less material as compared to hard packaging.

Moreover, there is a significant rise in focus on sustainable packaging. Therefore, flexible packaging materials release less waste and are more preferred by manufacturers, which in turn is likely to foster new growth opportunities in the segment.

By material, the market can be segmented into aluminum, paper, and plastic. The plastic segment is anticipated to dominate the tablets and capsules packaging industry during the forecast period. Plastic material is more versatile, thereby allowing manufacturers to create a wide range of packaging solutions like flexible pouches, blister packs, and others. Also, it is light in weight, thereby reducing transportation and shipping costs, which is another major reason for the high traction among manufacturers.

By packaging, the market can be segmented into sachet packs, strip packs, blister packs, and others. The strip pack segment is projected to witness significant growth in the forthcoming years. The strip pack is consumer-friendly and offers high convenience. It is easy to take the individual dosages with the strip pack, thereby making them an ideal option for daily medication regimes.

By application, the market can be segmented into nutraceuticals, health supplements, medical, and pharmaceuticals. The pharmaceuticals segment is likely to swipe the largest market share in the forthcoming years. Pharmaceuticals are crucial for maintaining public health, and therefore, tablets and capsules are the most common dosage forms dispensed by the pharmaceutical industry. The pharmaceutical sector is able to cover a large segment of medication ranging from chronic to acute diseases.

By technology, the market can be segmented into manual, semi-automatic, and automatic. Automatic technology is likely to be the fastest-growing segment in the forthcoming years. Automatic technology improves productivity in large-scale manufacturing units and helps companies handle high volumes of packaging with minimal human intervention.

 By end user, the market can be segmented into pharmacies, home care, health centers, clinics, hospitals, and others. The pharmacies segment accounts for the largest share of the global tablets and capsules packaging market during the forecast period. The pharmacy segment is more accessible to the general public and plays a central role in the distribution of medicines. Pharmacies also offer over-the-counter products, which are in the form of capsules and tablets, thereby making them a primary source for consumers. Such a landscape is expected to open new opportunities in the segment in the forthcoming years.

Report Scope

Report Attribute	Details
Market Size in 2022	USD 10.75 Billion
Projected Market Size in 2030	USD 17.26 Billion
CAGR Growth Rate	6.09% CAGR
Base Year	2022
Forecast Years	2023-2030
Key Market Players	Amcor Limited, WestRock Company, Bilcare Limited, Gerresheimer AG, Schott AG, Mitsubishi Chemical Holdings Corporation, Uhlmann Group, Constantia Flexibles, Becton, Dickinson and Company (B.D.), Catalent Inc., Optima Packaging Group GmbH, Romaco Pharmatechnik GmbH, Maschinenfabrik Ilshofen, Marchesini Group S.P.A.,, and Others.
Key Segment	By Type, By Material, By Packaging, By Application, By Technology, By End-user, and Region
Major Regions Covered	North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa
Purchase Options	Request customized purchase options to meet your research needs. Explore purchase options

Regional Analysis

• North America to dominate the global market in the coming period.

North America is likely to grow significantly in the global tablets and capsules packaging market in the forthcoming years due to various factors like sustainability trends, technological advancements, regulatory requirements, and several others. The fast-growing pharmaceutical industry in the region is one of the major factors driving the growth of the regional market.

Pharmaceutical companies are investing heavily in the market to improve research and development activities and come up with unique packaging solutions. Also, the environmental concerns in the region have led to the innovation of eco-friendly and sustainable packaging solutions, which is expected to heavily contribute towards the high growth rate of the market in the region.

Aise Pacific is expected to grow steadily during the forecast period because of the dynamic and rapidly growing industry environment in the region. Developing economies like South Korea, Japan, India, and China are likely to witness a significant expansion in the healthcare and pharmaceutical sectors, which is likely to strengthen the demand for packaging solutions in the coming years.

For instance, Berry Global Healthcare successfully launched tamper-evident (T.E.) and accredited child-resistant (C.R.C.) solutions in February 2023. It is tailored for the herbal and pharmaceuticals market, particularly to cater the liquid and syrup medicines.

Competitive Analysis

The key players in the global tablets and capsules packaging market include:

• Amcor Limited
• WestRock Company
• Bilcare Limited
• Gerresheimer AG
• Schott AG
• Mitsubishi Chemical Holdings Corporation
• Uhlmann Group
• Constantia Flexibles
• Becton
• Dickinson and Company (B.D.)
• Catalent Inc.
• Optima Packaging Group GmbH
• Romaco Pharmatechnik GmbH
• Maschinenfabrik Ilshofen
• Marchesini Group S.P.A.

For instance, Amcor launched the world’s first recyclable polythene-based thermoform blister packaging in April 2021. The solution aligns with the demand for regulated pharmaceutical packaging norms and also offers a sustainable alternative to conventional packaging options.

The global tablets and capsules packaging market is segmented as follows:

By Type Segment Analysis

• Hard Packaging
• Flexible Packaging

By Material Segment Analysis

• Aluminum
• Paper
• Plastic

By Packaging Segment Analysis

• Sachet Packs
• Strip Packs
• Blister Packs
• Others

By Application Segment Analysis

• Nutraceuticals
• Health Supplements
• Medical
• Pharmaceuticals

By Technology Segment Analysis

• Manual
• Semi-Automatic
• Automatic

By End-user Segment Analysis

• Pharmacies
• Homecare
• Health Centers
• Clinics
• Hospitals
• Others

By Regional Segment Analysis

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • Southeast Asia
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America