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U.S. Pharmaceutical Plastic Bottles Market: Use of Recycled Plastic to Reduce Environmental Impact to Drive Demand, says TMR

Packaging |

The U.S pharmaceutical plastics bottles market is fragmented with leading players such as AptarGroup Inc., Amcor Ltd., Gerresheimer AG, and Berry Plastics groups Inc. having fierce competition among themselves. Small and unrecognized companies in the market are making a name for themselves and gaining more shares in the market by launching new products at reasonable prices, and this is intensifying the competition scenario in the market, states a research report by Transparency Market Research (TMR). Some of the players operating in the U.S pharmaceutical plastics bottles market are COMAR LLC., Pretium Packaging Corp., Alpha Packaging, Drug Plastics, O. Berk Co. LLC, and Tim Plastics Inc.

According to the report by TMR, the U.S. pharmaceutical plastics bottles market is expected to rise from US$6.7 bn in 2016 to US$9.2 bn by 2024, expanding at a modest 4.10% CAGR between 2016 and 2024. On the basis of application, the oral care segment will lead in the coming years, reports TMR analysts. By bottle type, the packer bottles segment is most likely to continue leading throughout the forecast period. However, the liquid bottle segment will expand at a higher pace in the period from 2016 to 2024. On the basis of end user, the pharmaceutical companies segment is presently leading in the market and is most likely to retain its hold over the market in the future. The healthcare centers segment is also expected to be a potential market for pharmaceutical plastics bottles.

us pharmaceutical plastics bottles market

Recycling of Plastic to Encourage Use in Pharmaceuticals 

By making use of recycled plastics, the U.S. pharmaceutical plastics bottles market has gained momentum. This shift to recycled plastic has successfully solved the issue of sustainability and environmental impact. This has led to a rise in the use of plastic bottles for liquid and solid medicines, driving the pharmaceutical plastics bottles market. Technological advancements in the field are also helping the market to grow.

Threat of Substitution by Glass and Metal to Pose a Challenge for Plastic Bottles

The pharmaceutical plastic bottles market in the U.S. is challenged by the easy availability of eco friendly alternatives such as metal and glass. As glass and metals are viable substitutes for PE and PET, the market for pharmaceutical plastics bottles is threatened. However, the popularity of plastic is increasing on account of the convenience and safety offered by them. This is expected to continue to ensure a growth of the pharmaceutical plastics bottles market in the U.S. 

The study presented here is based on a report by Transparency Market Research (TMR) titled “Pharmaceutical Plastic Bottles Market (Bottle Type - Packer Bottles, Dropper Bottles (Eye Droppers, Ear Dropper, and Nose Dropper), Liquid Bottle, Boston Round Bottle, and Bullet; Application - E-liquid, Liquid, Droppers, Oral Care, and Topical Medication; Material Type - High-density Polyethylene (HDPE), Low-density Polyethylene (LDPE), Polyethylene Terephthalate (PET), Polypropylene (PP), and Polyvinyl Chloride (PVC); Color Type - Clear/Transparent Bottles, Amber Bottles, and Milky White; Size/Capacity - Less than 10 ml, 10 - 30 ml, 31 - 50 ml, 51 - 100 ml, and 100 ml & Above; Closure Type - Screw Cap, Crown Cap, Friction Fit, Flat Top, Hole Caps, and Metal Caps; End User - Pharmaceutical Companies, Compounding Pharmacies, Chemical Companies, Healthcare Centers, and Pharmaceutical Packaging Companies) - U.S. Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024.” 

The U.S. pharmaceutical plastics bottles market is segmented into: 

By Bottle Type

  • Packer Bottles
  • Dropper Bottles 
    • Eye Droppers
    • Ear Droppers
    • Nose Droppers
  • Liquid Bottles
  • Others (Boston Round Bottle, Bullet)

By Application

  • E-liquid
  • Liquid
  • Droppers
  • Oral Care
  • Topical medication

By Material Type

  • High-density polyethylene (HDPE)
  • Low-density polyethylene (LDPE)
  • Polyethylene terephthalate (PET)
  • Polypropylene (PP)
  • Polyvinyl chloride (PVC)

By Color Type

  • Clear/Transparent Bottles
  • Amber Bottles
  • Milky White
  • Others

By Size/Capacity

  • Less than 10 ml
  • 10 – 30 ml
  • 31 – 50 ml
  • 51 – 100 ml
  • 100 ml & Above

By Closure Type

  • Screw Cap
  • Crown Cap
  • Friction Fit
  • Others (Flat Top, Hole Caps, Metal Caps)

By End User

  • Pharmaceutical Companies
  • Compounding Pharmacies
  • Chemical Companies
  • Healthcare Centers
  • Pharmaceutical Packaging Companies

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Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

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