Pharmaceutical Plastic Bottles Market with Potential Impact of Coronavirus (COVID19), SWOT Analysis, Risk Analysis, and Forecast by 2024

U.S. Pharmaceutical Plastic Bottles Market: Snapshot

The U.S. market for pharmaceutical plastic bottles derives much of its growth by addressing the growing sustainability concerns by increasing the recycling rate of plastics and lowering the environmental impact in the pharmaceutical industry. The advancements in the technology has emerged as the key growth driver of this market. Apart from this, the rising application of plastic bottles in solid and liquid oral medications is also adding to the market’s growth significantly.

In addition to this, the growing popularity of plastic bottle, owing to the convenience, safety, and security they offer, is likely to fuel the demand for pharmaceutical plastic bottles in the U.S., leading to a phenomenal rise in this market over the next few years. However, the eco-friendly substitutes for PE and PET, such as glass, metal, and sugarcane, which is also a renewable material, may limit this demand to some extent and hamper the growth of the U.S. pharmaceutical plastics bottles market in the years to come.

Get Sample Copy:

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=19331

The U.S. market for pharmaceutical plastics bottles presented an opportunity worth US$6.74 bn in 2016. Analysts expect it to progress at a CAGR of 4.10% between 2016 and 2024 and reach a value of US$9.28 bn by the end of 2024.

Demand for Packer Bottles to Remain High in U.S. Pharmaceutical Plastics Bottles Market

Packer bottles, liquid bottles, dropper bottles, and various other types of bottles, such as Boston round bottle and bullet are the key products available in the U.S. pharmaceutical plastic bottles market. The packer bottles segment is leading the overall market with a share of nearly 50% and is expected to retain its dominance over the next few years due to the rising demand for customized pharmaceutical plastic packer bottles. Liquid bottles, however, is likely to witness a huge leap in demand in the near future, thanks to the retention of drugs content.

E-liquid, liquid, oral care, droppers, and topical medication are the prime application areas of pharmaceutical plastic bottles in the U.S. These bottles are likely to find a higher usage in oral care and topical medications than other application areas over the next few years.

Grab an exclusive PDF Brochure of this report:

https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=19331

Pharmaceutical Companies to Continue to Lead Pharmaceutical Plastic Bottles Consumption in U.S.

Pharmaceutical companies, chemical companies, pharmaceutical packaging companies, healthcare centers, and compounding pharmacies are the main end users of pharmaceutical plastic bottles in the U.S. Among these, the demand from pharmaceutical companies is much higher than other end users. Analysts expect this scenario to remain so, thanks to the expansion of healthcare industry and the rising uptake of plastic material for packaging. The healthcare centers are also projected to experience an increase in the demand for pharmaceutical plastic bottles in the near future.

The U.S. market for pharmaceutical plastics bottles exhibits a highly fragmented and a competitive landscape. At the forefront of this market are Gerresheimer AG, AptarGroup Inc., Berry Plastics Group Inc., Amcor Ltd., Alpha Packaging, COMAR LLC, Drug Plastics, O. Berk Co. LLC, Pretium Packaging Corp., and Tim Plastics Inc.

Read Our Latest Press Release:

https://www.prnewswire.com/news-releases/power-management-integrated-circuits-market-predicted-to-be-valued-at-us56-48-bn-by-2026–applications-in-highly-lucrative-automotive-consumer-electronics-sectors-evident-of-monumental-growth–tmr-301262055.html

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through ad-hoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

Contact

Transparency Market Research State Tower,

90 State Street,

Suite 700,

Albany NY – 12207

United States

USA – Canada Toll Free: 866-552-3453

Email: [email protected]

Website: https://www.transparencymarketresearch.com