Overview

Clearly labeled: An aging population and broader health coverage will benefit the industry

The Pharmaceuticals Packing & Labeling Services industry market report contains strategic analysis of the key drivers influencing the industry. Save hours of time on research and prospecting using IBISWorld’s standardized, up-to-date reports on thousands of industries. Our industry research provides growth and profit forecasts for a five-year outlook period, presented in a clear and user-friendly format.

REPORT SNAPSHOT

Market Share of Companies
There are no companies with a dominant market share in this industry
Industry Statistics & Market Size
Revenue
$4bn
Annual Growth
11-16
3.2%
Annual Growth
16-21
Profit
Employment
25,578
Business
498

Industry Threats & Opportunities

  • New healthcare legislation has boosted demand for prescription drugs, bolstering revenue
  • Advancements in biotechnology lead to the introduction of new therapies
  • The industry will continue to benefit substantially from healthcare expansion

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    Industry Analysis & Industry Trends

    The role of the Pharmaceuticals Packing and Labeling Services industry has expanded significantly over the past five years in response to stringent government regulations that increased pharmaceutical manufacturers' outsourcing of packaging and labeling services. Increasingly pressured to more quickly deliver innovative drugs to market, many pharmaceutical manufacturers are outsourcing their noncentral components (e.g. packing and labeling) to third parties to focus on their core competencies. Additionally, growing use of drug therapies, an aging American population and expanded access to healthcare have stimulated demand for pharmaceuticals over the past five years, bolstering demand for industry services...

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    Industry Report - Industry Investment Chapter

    The Pharmaceuticals Packing and Labeling Services industry has a low-to-moderate level of capital intensive. In 2016, for every dollar spent on labor, industry operators are expected to spend about $0.09 on capital. While many products are packaged by automated processes, the industry still requires labor to supervise the packing and labeling of products and hand-package some of the more delicate products handled by the industry. As a result, both depreciation and wage costs are significant for the industry. The industry's level of capital intensity has slightly increased in the past five years as operators have invested in new technologies that further automate the packaging and labeling process, thereby decreasing wage costs while increasing capital costs.

    ..

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    Additional Insights for the Pharmaceuticals Packing & Labeling Services Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Pharmaceuticals Packing & Labeling Services Industry are

  • Ability to manage external (outsourcing) contracts
  • Ability to alter processes for different clients
  • Economies of scale
  • IBISWorld analysts also discuss how external factors such as Demand from brand name pharmaceutical manufacturing and Outsourcing for the Packaging and Labeling Services industry in the Pharmaceuticals Packing & Labeling Services industry impact industry performance..

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    Industry Products

    What is the Pharmaceuticals Packing & Labeling Services Industry?

    This industry provides packing and labeling services for prescription and over-the-counter pharmaceuticals, biologics, consumer health and veterinary products. Industry services may include packaging into blisters, bottles, pouches and unit doses, specialty vial or syringe labeling and kitting for injectables. Secondary packaging services (e.g. putting a bottle of tablets into a box, putting blister packs into a carton) are also included in the industry.

    Industry Products
    Packaging services
    Labeling services
    Other services
    Industry Activities
    Packaging services
    Labeling services
    Other services

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Demand from brand name pharmaceutical manufacturing
  • Outsourcing for the Packaging and Labeling Services industry
  • Demand from generic pharmaceutical manufacturing
  • Number of people with private health insurance
  • Number of physician visits
  • Price of plastic materials and resin
  • Median age of population

  • Current Performance
    High demand for drugsOutsourcing industry servicesPacking trends and needsRising regulations
  • Chart: Revenue Growth

  • Industry Outlook
    Healthcare reform to boost revenueBrand name pharmaceuticalsIndustry expansion
  • Table: Pharmaceuticals Packing & Labeling Services Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Pharmaceuticals Packing & Labeling Services Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Brand Name Pharmaceutical Manufacturing
  • Generic Pharmaceutical Manufacturing
  • Drug, Cosmetic & Toiletry Wholesaling
  • Pharmacies & Drug Stores
  • Hospitals
  • Colleges & Universities

  • Key Selling Industries
  • Cardboard Box & Container Manufacturing
  • Glass Product Manufacturing
  • Plastic Bottle Manufacturing

  • Products & Services
  • Packaging services
  • Labeling services
  • Other services
  • Chart: Pharmaceuticals Packing & Labeling Services Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Brand name pharmaceutical manufacturing
  • Pharmaceutical wholesalers
  • Generic pharmaceutical manufacturing
  • Retail pharmacies
  • Other
  • Institutional pharmacies
  • Chart: Major Market Segmentation for the Pharmaceuticals Packing & Labeling Services Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesOther
  • Chart: Cost Structure Benchmarking – Sector vs Pharmaceuticals Packing & Labeling Services

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Pharmaceuticals Packing & Labeling Services Industry

  • Industry Globalization
    Major Companies
    There are no major players in this industry
    Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Pharmaceuticals Packing & Labeling Services Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Pharmaceuticals Packing & Labeling Services Industry
    Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • Number of physician visits (2007-2021)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Ampuls
  • Small glass vials that are sealed after filling and used chiefly as a container for a hypodermic injection solution.
  • Biologic
  • A drug made from large-molecule living matter, as opposed to small-molecule chemicals.
  • Outsource
  • To procure goods or services under contract with an outside supplier.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
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    • Inform your decisions for marketing, strategy and planning
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    This report on Pharmaceuticals Packing & Labeling Services:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Pharmaceuticals Packing & Labeling Services market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Pharmaceuticals Packing & Labeling Services, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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