Market Share of India Pharmaceutical Packaging Industry
The Indian pharmaceutical packaging market is fragmented and is dominated by a few significant players like West Pharmaceutical Packaging India Pvt. Ltd., Huhtamaki PPL Ltd, SGD Pharma India Ltd, Amcor Flexibles India Pvt Ltd, and Uflex Limited. These major players, with a prominent market share, are focusing on expanding their customer base across foreign countries. These companies are leveraging strategic collaborative initiatives to increase their market share and profitability. However, with technological advancements and product innovations, mid-size to smaller companies are growing their market presence by securing new contracts and tapping new markets.
- July 2022 - A definitive agreement was made by Cipla's consumer health division, Cipla Health Limited (CHL), to purchase Endura Mass, a weight gain-related nutritional supplement brand from Medinnbelle Herbalcare Private Limited, for an undisclosed fee.
- May 2022 - The South Korean company HK inno.N Corporation and the Indian company Dr. Reddy's Laboratories formed an exclusive partnership for the supply and commercialization of HK inno.N Corporation's patented novel molecule Tegoprazan for gastrointestinal diseases in India and six important Emerging Markets.
India Pharmaceutical Packaging Market Leaders
West Pharmaceutical Packaging India Pvt. Ltd.
Huhtamaki PPL Ltd
SGD Pharma India Ltd
Uflex Limited
Amcor Flexibles India Pvt Ltd
*Disclaimer: Major Players sorted in no particular order