The global pharmaceutical contract packaging market size was valued at USD 28.2 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 7.1% from 2020 to 2027. Increasing stringent quality requirements and outsourcing of pharmaceutical packaging to contract packagers in emerging countries are expected to drive the market over the forecast period. Pharmaceutical companies are outsourcing the packaging activities to contract packagers to reduce the overall cost of production and speed to market.
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Pharmaceutical Contract Packaging Market Size, Price, and Report 2022-2027

According to a new report by EMR, the market is expected to grow at a CAGR of 7.4% ****ween 2021 and 2026 to reach a value of nearly USD 30 billion by 2026. Plastic bottles accounted for about a quarter of the global market in 2020.