Global Clinical Trial Packaging Market to Reach US$ 2.08 Billion by 2029

The global clinical trial packaging market is expected to reach US$ 2.08 billion by 2029, growing at a CAGR of 7% during the forecast period 2023-2029. This growth is driven by the rising number of clinical trials, increased R&D activities in drug discovery, and the growing trend of outsourcing clinical trials.

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Report Scope:

This report provides a comprehensive analysis of the global clinical trial packaging market, covering market size, growth rate, segmentation, key players, and regional trends. It leverages historical data from 2018 to 2022 and forecasts for the period 2023 to 2029.

Research Methodology:

The market size is estimated using a bottom-up approach, considering revenue generated by key players. The report employs validated research methodologies and assumptions to derive accurate market size and growth rate estimations. It also utilizes in-depth qualitative perspectives, historical evidence, and market size verifiable predictions.

Segmentation:

The market is segmented by product type, material type, and end-user.

• Product Type: Vials, Blisters, Tubes, Bottles, Bags & Pouches, Sachets, Kits or Packs, Others
• Material Type: Plastic, Glass, PVC, PE, Metal, Paper
• End-User: Research Laboratories, Clinical Research Organizations, Drug Manufacturing Facilities

Key Players:

Bilcare Limited, Westrock Company, Fisher Clinical Services, Almac Group Limited, Sharp Clinical Services, Inc., PAREXEL International Corporation, The Coghlan Group, Piramal Enterprises Ltd, Corden Pharma GmbH, Xerimis Inc., Quay Pharma, August Faller GmbH & Co. KG, Lonza Group Ltd., Rhenochem AG, Mikart, LLC, Clinical Supplies Management Holdings Inc., and PCI Services.

Regional Insights:

North America is expected to hold the largest market share due to the presence of a well-developed pharmaceutical and packaging industry and stringent regulatory requirements. The Asia Pacific region is anticipated to witness significant growth due to the increasing number of clinical trials and growing manufacturing capabilities.

Global Clinical Trial Packaging Market Scope Table