Adherence packaging is primarily used for medical services to facilitate the medication compliance to their physician-prescribed routine. The global adherence packaging market will be growing at a CAGR of 6.2% to reach $1,111.1 Million by 2025, from $774.4 Million in 2017 during 2019-2025. The market growth can be attributed to factors such as the growing pharmaceutical industry with improving medical adherence, rising need to minimize medication wastage and technological advancements in adherence packaging. Financial implications of the medication adherence packaging as compared to the conventional packaging types and fluctuation in raw material prices are major restraints hindering the growth of the market. Emerging markets and government initiatives are creating major opportunities for the adherence packaging market during the forecast period 2019-2025.
Research Study Objectives:
- Define, estimate, and forecast the Adherence Packaging market statistics by the system, type, material, end user and regions concerning the individual growth drivers, market trends and their contribution toward the Adherence Packaging market growth
- Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
- Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
- Recent competitive developments including M&A (Mergers and Acquisitions), Partnerships, and Product Innovations are provided in the Adherence Packaging Market Analysis
- Analysis and conclusions on the future Adherence Packaging market outlook.
Top-down and bottom-up approaches are used to validate the Adherence Packaging Market Size and are used to estimate the size of other dependent submarkets. Key players in the market are identified through various secondary sources; databases including Bloomberg Businessweek, Hoovers, Factiva, journals and associations and the market
revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The Adherence Packaging Market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the Adherence Packaging market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.
The scope of the Report
The Adherence Packaging market segmentation is as follows:
By System
- Multi-Dose Packaging Systems
- Blister Card Packaging Systems
- Strip/Pouch Packaging Systems
- Unit-Dose Packaging Systems
- Blister Card Packaging Systems
- Strip/Pouch Packaging Systems
By Type
- By Type
- Blister Cards
- Strips/Pouches
By Material
- Plastic Film
- PVC
- RIGID PVC
- PET
- PE
- PP
- Other Plastic Films
- Paper & Paperboard
- Aluminum
By End User
- Retail Pharmacies
- Long-Term Care Facilities
- Hospitals
- Mail-Order Pharmacies
Geographical Analysis:
Adherence Packaging Market is segmented by geography into North America, South America, Europe, Asia Pacific and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. The Asia Pacific is further categorised by countries into China, India, Japan, South Korea, Australia & New Zealand, Malaysia, Singapore
and many other emerging nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to underst