Market Share of Pharmaceutical Plastic Packaging Industry
While the pharmaceutical plastic packaging market is fragmented, established companies focus on innovation and acquisition. Companies are investing a large amount of their resources and money in R&D to innovate new products meeting environmental and government regulations. Some major companies are Gerresheimer AG, Amcor Limited, Berry Plastics Group Inc., Aptar Group Inc., and O. Berk Company LLC.
- April 2023 - UPM Raflatacannounced the expansion of its wash-off portfolio with new paper-label materials that enhance the recycling of PET and HDPE. The label materials have European recyclability certifications from Institut cyclos-HTP for PET and HDPE packaging, and they are part of UPM Raflatac's SmartCircle portfolio.
- January 2023 - Amcor announced the acquisition of Shanghai-based MDK. MDK, a market leader in medical device packaging and a key priority growth area for Amcor, has annual sales of about USD 50 million. Adding MDK will strengthen Amcor's already healthcare platform in the Asia-Pacific region as it continues to emphasize higher growth priority categories.
Pharmaceutical Plastic Packaging Market Leaders
Gerresheimer AG
Amcor Limited
Berry Plastics Group, Inc.
Aptar Group Inc.
O. Berk Company LLC
*Disclaimer: Major Players sorted in no particular order
