As per newly released data from Future Market Insights, the pharmaceutical plastic bottles market is expected to register a year-on-year (YoY) growth of 10.0% in 2021, reaching US$ 29.6 Bn. According to the study, overall pharmaceutical plastic bottles sales will increase at 10.3% CAGR between 2021 and 2031.
The U.S. will emerge as a leading market, exhibiting year on year growth at 8.9% in 2021 after bucking initial skepticism about how the market would perform amid pandemic. The demand for plastic bottles for ophthalmic/nasal formulation will be highest among all, rising at 12.2% CAGR between 2021 and 2031.
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