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India Pharma Packaging Market to Grow at 8.7% CAGR by 2034

The pharmaceutical packaging industry plays a pivotal role in safeguarding drug efficacy, ensuring patient safety, and enabling regulatory compliance. As India cements its position as a global pharmaceutical manufacturing hub, packaging technologies are evolving rapidly. According to Expert Market Research, the India pharmaceutical packaging market reached a value of USD 1.73 billion in 2024. The market is projected to expand at a CAGR of 8.70% during 2025-2034, attaining a value of USD 3.98 billion by 2034.

India Pharmaceutical Packaging Market Share

India's pharmaceutical packaging sector is witnessing a shift toward sustainable and patient-centric packaging solutions. The market share is mainly distributed across primary packaging solutions, such as plastic bottles, blister packs, and parenteral containers, due to their direct contact with drugs.

Plastic-based packaging dominates the materials segment, driven by its versatility, lightweight properties, and cost-efficiency. However, glass packaging still retains a significant share, especially in injectables and parenteral drugs, where high chemical resistance is required.