Pharmaceutical Packaging Market by Product Type (Plastic Bottles, Parenteral Containers, Blister Packaging, Other Primary Packaging, Closures, Labels, Others), by Raw Material (Plastics & Polymers, Paper & Paperboards, Glass, Metals, Others) - Overall In-depth Analysis, Global Market Share, Top Trends, Professional & Technical Industry Insights 2020 - 2026

Chemicals and Materials Syndicate Market Research Pages: 120 Report ID: 1330

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The global pharmaceutical packaging market size was valued at USD XX million in 2019 and is predicted to register a CAGR of XX% from 2020 to 2026.

The report covers the current estimate and forecast for pharmaceutical packaging market on a global and regional level. The report provides an in-depth analysis of the pharmaceutical packaging market for the period 2016 – 2026, wherein 2019 is the base year and the period from 2020 to 2026 is the forecast period. Data for 2016- 2018 has been included as historical information. The study provides a holistic perspective on market growth, throughout the above forecast period in terms of revenue estimates (in US$ MN), across different geographies, which includes North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA) and Latin America (LATAM).

The report provides cross-sectional analysis of the pharmaceutical packaging market in terms of market estimates and forecasts for all the segments across different geographic regions. The report covers all the prevalent trends and technologies playing a major role in the growth of the pharmaceutical packaging market over the forecast period. It also highlights various drivers, restraints, and opportunities expected to influence the market growth during the said period.

The study offers market attractiveness analysis and the Porter’s Five Forces model analysis to help the client gauge the competitive landscape of major vendors of the global pharmaceutical packaging market. This comprehensive study also provides a detailed analysis and overview of each segments included in the study.

In order to give the users of this report, a comprehensive view of the pharmaceutical packaging market, we have included a detailed competitive scenario and product portfolio of the key vendors spread across various geographies. The report study also includes PESTEL analysis and SWOT analysis of the industry. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness in terms of investment opportunity and incremental value growth.

Regional Insights

The report segments the market by major types, applications, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2020 to 2026.

The regional segmentation includes the historic and forecast demand for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. These regions are further divided into countries such as U.S., Canada, Mexico, Germany, UK, France, Italy, Spain, Japan, India, China, Brazil, GCC countries, South Africa among others.

Pharmaceutical Packaging Market Share Insights

Key industry participants analyzed and profiled in this study includes MeadWestvaco Corporation, Schott AG, Amcor Ltd, Rexam PLC, Gerresheimer AG, Becton Dickinson, NYPRO Inc, Vitro, S.A.B. De C.V., Datwyler Holding Inc, Aptargroup Inc among others.

Scope of the Report

Attribute Details
Base year for estimation 2019
Actual estimates/Historical data 2016 - 2018
Forecast period 2020 - 2026
Market representation Revenue in USD Million & CAGR from 2020 to 2026
Regional scope North America, Europe, Asia Pacific, Central & South America & MEA
Country scope U.S., Germany, U.K., Italy, China, Japan, Brazil
Report coverage       Revenue forecast, company share, competitive landscape, growth factors and trends
Free customization scope (equivalent to 5 analyst working days) If you need specific information, which is not currently within the scope of the report, we will provide it to you as a part of customization

 

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of latest industry trends and opportunities in each of the sub-segments from 2016 to 2026. For the purpose of this study, Syndicate Market Research has segmented the global pharmaceutical packaging market report on the basis of product type, application, and region:

Global Pharmaceutical Packaging Market: Product Type Segment Analysis

  • Plastic Bottles
  • Parenteral Containers
  • Blister Packaging
  • Other Primary Packaging
  • Closures
  • Labels
  • Others

Global Pharmaceutical Packaging Market: Raw Material Segment Analysis

  • Plastics & Polymers
  • Paper & Paperboards
  • Glass
  • Metals
  • Others

Global Pharmaceutical Packaging Market: Regional Segment Analysis

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Argentina
    • Chile
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East & Africa

Frequently Asked Questions

These players adopted different strategies so as to hold major market share in this market. Some of the major players in Pharmaceutical Packaging industry includes.

  • MeadWestvaco Corporation
  • Schott AG
  • Amcor Ltd
  • Rexam PLC
  • Gerresheimer AG
  • Becton Dickinson
  • NYPRO Inc
  • Vitro
  • S.A.B. De C.V.
  • Datwyler Holding Inc
  • Aptargroup Inc

Based on the Pharmaceutical Packaging market analysis, North America is predicted to held the highest share in the Pharmaceutical Packaging market during the forecast period.

The statistical data of the top market players of Pharmaceutical Packaging industry can be obtained from the company profile section specified in the report. This section incorporates analysis of top player’s operating in the Pharmaceutical Packaging industry as well as their last five-year revenue, segmental revenue, product offerings, key strategies adopted, and geographical revenue produced.

The study offers a decisive view on the Pharmaceutical Packaging by segmenting the market based on Product Type, Raw Material, and region.

The report gives a nitty-gritty assessment of the market by featuring data on various viewpoints that incorporate drivers, restraints, opportunities, and threats. This data can assist stakeholders in making suitable decisions before investing.

The sample for Pharmaceutical Packaging market report can be received on-demand from the website as and when required.Direct call services or 24*7 chat support are provided to procure the sample report.

  1. Preface
    1. Report Description and Scope
    2. Research Scope
    3. Research Methodology
      1. Market Research Process
      2. Market Research Methodology
  2. Executive Summary
    1. Pharmaceutical Packaging Market, 2016-2026 (USD Million)
    2. Pharmaceutical Packaging Market: Snapshot
  3. Pharmaceutical Packaging - Industry Analysis
    1. Pharmaceutical Packaging: Market Dynamics
    2. Market Drivers
      1. Driver 1
      2. Driver 2
    3. Restraints
      1. Restraint 1
      2. Restraint 2
    4. Opportunity
      1. Government funding and support
    5. Porter’s Five Forces Analysis
    6. Market Attractiveness Analysis
      1. Market attractiveness analysis By Product
      2. Market attractiveness analysis By Application
      3. Market attractiveness analysis by Region
  4. Pharmaceutical Packaging Market - Competitive Landscape
    1. Company market share analysis
      1. Global Pharmaceutical Packaging Market: company market share, 2019
    2. Strategic development
      1. Acquisitions & mergers
      2. New Product launches
      3. Agreements, partnerships, collaborations and joint ventures
      4. Research and development and Regional expansion
    3. Price trend analysis
  5. Global Pharmaceutical Packaging Market -Product Type Analysis
    1. Global Pharmaceutical Packaging Market overview: By Product Type
      1. Global Pharmaceutical Packaging Market share, By Product Type,2019 and 2026
    2. Plastic Bottles
      1. Global Pharmaceutical Packaging Market by Plastic Bottles, 2016-2026 (USD Million)
    3. Parenteral Containers
      1. Global Pharmaceutical Packaging Market by Parenteral Containers, 2016-2026 (USD Million)
    4. Blister Packaging
      1. Global Pharmaceutical Packaging Market by Blister Packaging, 2016-2026 (USD Million)
    5. Other Primary Packaging
      1. Global Pharmaceutical Packaging Market by Other Primary Packaging, 2016-2026 (USD Million)
    6. Closures
      1. Global Pharmaceutical Packaging Market by Closures, 2016-2026 (USD Million)
    7. Labels
      1. Global Pharmaceutical Packaging Market by Labels, 2016-2026 (USD Million)
    8. Others
      1. Global Pharmaceutical Packaging Market by Others, 2016-2026 (USD Million)
  6. Global Pharmaceutical Packaging Market -Raw Material Analysis
    1. Global Pharmaceutical Packaging Market overview: By Raw Material
      1. Global Pharmaceutical Packaging Market share, By Raw Material,2019 and 2026
    2. Plastics & Polymers
      1. Global Pharmaceutical Packaging Market by Plastics & Polymers, 2016-2026 (USD Million)
    3. Paper & Paperboards
      1. Global Pharmaceutical Packaging Market by Paper & Paperboards, 2016-2026 (USD Million)
    4. Glass
      1. Global Pharmaceutical Packaging Market by Glass, 2016-2026 (USD Million)
    5. Metals
      1. Global Pharmaceutical Packaging Market by Metals, 2016-2026 (USD Million)
    6. Others
      1. Global Pharmaceutical Packaging Market by Others, 2016-2026 (USD Million)
  7. Global Pharmaceutical Packaging Market - Regional Analysis
    1. Global Pharmaceutical Packaging Market overview: by Region
      1. Global Pharmaceutical Packaging Market share, by Region, 2019 and 2026
    2. North America
      1. North America Pharmaceutical Packaging Market, 2016-2026 (USD Million)
      1. North America Pharmaceutical Packaging Market revenue, By Product Type, 2016-2026 (USD Million)
      1. North America Pharmaceutical Packaging Market revenue, By Raw Material, 2016-2026 (USD Million)
      1. U.S. Pharmaceutical Packaging Market revenue, By Product Type, 2016-2026 (USD Million)
      2. U.S. Pharmaceutical Packaging Market revenue, By Raw Material, 2016-2026 (USD Million)
      3. Canada Pharmaceutical Packaging Market revenue, By Product Type, 2016-2026 (USD Million)
      4. Canada Pharmaceutical Packaging Market revenue, By Raw Material, 2016-2026 (USD Million)
      5. Mexico Pharmaceutical Packaging Market revenue, By Product Type, 2016-2026 (USD Million)
      6. Mexico Pharmaceutical Packaging Market revenue, By Raw Material, 2016-2026 (USD Million)
    3. Europe
      1. Europe Pharmaceutical Packaging Market, 2016-2026 (USD Million)
      1. Europe Pharmaceutical Packaging Market revenue, By Product Type, 2016-2026 (USD Million)
      1. Europe Pharmaceutical Packaging Market revenue, By Raw Material, 2016-2026 (USD Million)
      1. UK Pharmaceutical Packaging Market revenue, By Product Type, 2016-2026 (USD Million)
      2. UK Pharmaceutical Packaging Market revenue, By Raw Material, 2016-2026 (USD Million)
      3. Germany Pharmaceutical Packaging Market revenue, By Product Type, 2016-2026 (USD Million)
      4. Germany Pharmaceutical Packaging Market revenue, By Raw Material, 2016-2026 (USD Million)
      5. France Pharmaceutical Packaging Market revenue, By Product Type, 2016-2026 (USD Million)
      6. France Pharmaceutical Packaging Market revenue, By Raw Material, 2016-2026 (USD Million)
      7. Italy Pharmaceutical Packaging Market revenue, By Product Type, 2016-2026 (USD Million)
      8. Italy Pharmaceutical Packaging Market revenue, By Raw Material, 2016-2026 (USD Million)
      9. Spain Pharmaceutical Packaging Market revenue, By Product Type, 2016-2026 (USD Million)
      10. Spain Pharmaceutical Packaging Market revenue, By Raw Material, 2016-2026 (USD Million)
      11. Netherlands Pharmaceutical Packaging Market revenue, By Product Type, 2016-2026 (USD Million)
      12. Netherlands Pharmaceutical Packaging Market revenue, By Raw Material, 2016-2026 (USD Million)
      13. Rest of Europe Pharmaceutical Packaging Market revenue, By Product Type, 2016-2026 (USD Million)
      14. Rest of Europe Pharmaceutical Packaging Market revenue, By Raw Material, 2016-2026 (USD Million)
    4. Asia Pacific
      1. Asia Pacific Pharmaceutical Packaging Market, 2016-2026 (USD Million)
      1. Asia Pacific Pharmaceutical Packaging Market revenue, By Product Type, 2016-2026 (USD Million)
      1. Asia Pacific Pharmaceutical Packaging Market revenue, By Raw Material, 2016-2026 (USD Million)
      1. China Pharmaceutical Packaging Market revenue, By Product Type, 2016-2026 (USD Million)
      2. China Pharmaceutical Packaging Market revenue, By Raw Material, 2016-2026 (USD Million)
      3. Japan Pharmaceutical Packaging Market revenue, By Product Type, 2016-2026 (USD Million)
      4. Japan Pharmaceutical Packaging Market revenue, By Raw Material, 2016-2026 (USD Million)
      5. India Pharmaceutical Packaging Market revenue, By Product Type, 2016-2026 (USD Million)
      6. India Pharmaceutical Packaging Market revenue, By Raw Material, 2016-2026 (USD Million)
      7. Australia Pharmaceutical Packaging Market revenue, By Product Type, 2016-2026 (USD Million)
      8. Australia Pharmaceutical Packaging Market revenue, By Raw Material, 2016-2026 (USD Million)
      9. South East Asia Pharmaceutical Packaging Market revenue, By Product Type, 2016-2026 (USD Million)
      10. South East Asia Pharmaceutical Packaging Market revenue, By Raw Material, 2016-2026 (USD Million)
      11. South Korea Pharmaceutical Packaging Market revenue, By Product Type, 2016-2026 (USD Million)
      12. South Korea Pharmaceutical Packaging Market revenue, By Raw Material, 2016-2026 (USD Million)
      13. Rest of Asia Pacific Pharmaceutical Packaging Market revenue, By Product Type, 2016-2026 (USD Million)
      14. Rest of Asia Pacific Pharmaceutical Packaging Market revenue, By Raw Material, 2016-2026 (USD Million)
    5. Latin America
      1. Latin America Pharmaceutical Packaging Market, 2016-2026 (USD Million)
      1. Latin America Pharmaceutical Packaging Market revenue, By Product Type, 2016-2026 (USD Million)
      1. Latin America Pharmaceutical Packaging Market revenue, By Raw Material, 2016-2026 (USD Million)
      1. Brazil Pharmaceutical Packaging Market revenue, By Product Type, 2016-2026 (USD Million)
      2. Brazil Pharmaceutical Packaging Market revenue, By Raw Material, 2016-2026 (USD Million)
      3. Argentina Pharmaceutical Packaging Market revenue, By Product Type, 2016-2026 (USD Million)
      4. Argentina Pharmaceutical Packaging Market revenue, By Raw Material, 2016-2026 (USD Million)
      5. Chile Pharmaceutical Packaging Market revenue, By Product Type, 2016-2026 (USD Million)
      6. Chile Pharmaceutical Packaging Market revenue, By Raw Material, 2016-2026 (USD Million)
      7. Rest of Latin America Pharmaceutical Packaging Market revenue, By Product Type, 2016-2026 (USD Million)
      8. Rest of Latin America Pharmaceutical Packaging Market revenue, By Raw Material, 2016-2026 (USD Million)
    6. Middle East & Africa
      1. Middle East & Africa Pharmaceutical Packaging Market, 2016-2026 (USD Million)
      1. Middle East & Africa Pharmaceutical Packaging Market revenue, By Product Type, 2016-2026 (USD Million)
      1. Middle East & Africa Pharmaceutical Packaging Market revenue, By Raw Material, 2016-2026 (USD Million)
      1. GCC Countries Pharmaceutical Packaging Market revenue, By Product Type, 2016-2026 (USD Million)
      2. GCC Countries Pharmaceutical Packaging Market revenue, By Raw Material, 2016-2026 (USD Million)
      3. Nigeria Pharmaceutical Packaging Market revenue, By Product Type, 2016-2026 (USD Million)
      4. Nigeria Pharmaceutical Packaging Market revenue, By Raw Material, 2016-2026 (USD Million)
      5. South Africa Pharmaceutical Packaging Market revenue, By Product Type, 2016-2026 (USD Million)
      6. South Africa Pharmaceutical Packaging Market revenue, By Raw Material, 2016-2026 (USD Million)
      7. Rest of Middle East & Africa Pharmaceutical Packaging Market revenue, By Product Type, 2016-2026 (USD Million)
      8. Rest of Middle East & Africa Pharmaceutical Packaging Market revenue, By Raw Material, 2016-2026 (USD Million)
  8. Company Profiles
    1. MeadWestvaco Corporation
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    2. Schott AG
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    3. Amcor Ltd
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    4. Rexam PLC
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    5. Gerresheimer AG
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    6. Becton Dickinson
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    7. NYPRO Inc
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    8. Vitro
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    9. S.A.B. De C.V.
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    10. Datwyler Holding Inc
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    11. Aptargroup Inc
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments

 

List of Figures

  1. Market research process
  2. Market research methodology
  3. Global Pharmaceutical Packaging Market, 2016-2026 (USD Million)
  4. Porter’s Five Forces Analysis
  5. Global Pharmaceutical Packaging Market attractiveness, By Product Type
  6. Global Pharmaceutical Packaging Market attractiveness, By Raw Material
  7. Global Pharmaceutical Packaging market share, By Product Type, 2019 and 2026
  8. Global Pharmaceutical Packaging Market by Plastic Bottles, 2016-2026 (USD Million)
  9. Global Pharmaceutical Packaging Market by Parenteral Containers, 2016-2026 (USD Million)
  10. Global Pharmaceutical Packaging Market by Blister Packaging, 2016-2026 (USD Million)
  11. Global Pharmaceutical Packaging Market by Other Primary Packaging, 2016-2026 (USD Million)
  12. Global Pharmaceutical Packaging Market by Closures, 2016-2026 (USD Million)
  13. Global Pharmaceutical Packaging Market by Labels, 2016-2026 (USD Million)
  14. Global Pharmaceutical Packaging Market by Others, 2016-2026 (USD Million)
  15. Global Pharmaceutical Packaging market share, By Raw Material, 2019 and 2026
  16. Global Pharmaceutical Packaging Market by Plastics & Polymers, 2016-2026 (USD Million)
  17. Global Pharmaceutical Packaging Market by Paper & Paperboards, 2016-2026 (USD Million)
  18. Global Pharmaceutical Packaging Market by Glass, 2016-2026 (USD Million)
  19. Global Pharmaceutical Packaging Market by Metals, 2016-2026 (USD Million)
  20. Global Pharmaceutical Packaging Market by Others, 2016-2026 (USD Million)
  21. Global Pharmaceutical Packaging Market share, by Region, 2019 and 2026
  22. North America Pharmaceutical Packaging Market, 2016-2026 (USD Million)
  23. Europe Pharmaceutical Packaging Market, 2016-2026 (USD Million)
  24. Asia Pacific Pharmaceutical Packaging Market, 2016-2026 (USD Million)
  25. Latin America Pharmaceutical Packaging Market, 2016-2026 (USD Million)
  26. Middle East & Africa Pharmaceutical Packaging Market, 2016-2026 (USD Million)

 

List of Tables

  1. Global Pharmaceutical Packaging Market: snapshot
  2. Drivers of the Pharmaceutical Packaging Market: impact analysis
  3. Restraints of the Pharmaceutical Packaging Market: impact analysis
  4. North America Pharmaceutical Packaging Market revenue, By Product Type,2016-2026 (USD Million)
  5. North America Pharmaceutical Packaging Market revenue, By Application,2016-2026 (USD Million)
  6. Europe Pharmaceutical Packaging Market revenue, By Product Type,2016-2026 (USD Million)
  7. Europe Pharmaceutical Packaging Market revenue, By Application,2016-2026 (USD Million)
  8. Asia Pacific Pharmaceutical Packaging Market revenue, By Product Type,2016-2026 (USD Million)
  9. Asia Pacific Pharmaceutical Packaging Market revenue, By Application,2016-2026 (USD Million)
  10. Latin America Pharmaceutical Packaging Market revenue, By Product Type,2016-2026 (USD Million)
  11. Latin America Pharmaceutical Packaging Market revenue, By Application,2016-2026 (USD Million)
  12. Middle East & Africa Pharmaceutical Packaging Market revenue, By Product Type,2016-2026 (USD Million)
  13. Middle East & Africa Pharmaceutical Packaging Market revenue, By Application,2016-2026 (USD Million)
  • MeadWestvaco Corporation
  • Schott AG
  • Amcor Ltd
  • Rexam PLC
  • Gerresheimer AG
  • Becton Dickinson
  • NYPRO Inc
  • Vitro
  • S.A.B. De C.V.
  • Datwyler Holding Inc
  • Aptargroup Inc

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An Overview on Research Methodology used at Syndicate Market Research:

1.1 Research Methodology

The process of market research at Syndicate Market Research is an iterative in nature and usually follows following path. Information from secondary is used to build data models, further the results obtained from data models are validated from primary participants. Then cycle repeats where, according to inputs from primary participants, additional secondary research is done and new information is again incorporated into data model. The process continues till desired level of information is not generated.

To calculate the market size, the report considers the revenue generated from the sales of the market providers. The revenue generated from the sales of market is calculated through primary and secondary research. The key players operating in the market across the globe are identified through secondary research and a corresponding detailed analysis of the top vendors in the market is done. The market size calculation also includes clinical trial phase segmentation determined using secondary sources and verified through primary sources.

1.2 Secondary Research

The secondary research sources that are typically referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
  • Internal and external proprietary databases, relevant patent and regulatory databases
  • National government documents, statistical databases and market reports
  • News articles, press releases and web-casts specific to the companies operating in the market

The sources for secondary research includes but is not limited to: Factiva, Hoovers and Statista

1.3 Primary Research

We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate data and analysis. A typical research interview fulfills the following functions:

  • It provides first-hand information on the market size, market trends, growth trends, competitive landscape, future outlook etc.
  • Helps in validating and strengthening the secondary research findings
  • Further develops the analysis team’s expertise and market understanding
  • Primary research involves E-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies

The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: CEOs, VPs, marketing/ clinical trial phase managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts, research analysts specializing in specific markets
  • Key opinion leaders specializing in different areas corresponding to different industry end users

1.4 Models

Where no hard data is available, we use modeling and estimates in order to produce comprehensive data sets. A rigorous methodology is adopted in which the available hard data is cross referenced with the following data types to produce estimates:

  • Demographic data: Population split by segment
  • Macro-economic indicators: GDP, etc.
  • Industry indicators: Expenditure, infrastructure, sector growth and facilities.

Data is then cross checked by the expert panel.

1.4.1 Company Share Analysis Model

Company share analysis is used to derive the size of global market. As well as study of revenues of companies for last three to five years also provide the base for forecasting the market size and its growth rate. This model is built in following steps:

1.4.2 Revenue Based Modeling

Revenue based models can be built in two ways - Top-Down or Bottom-Up irrespective of industry. Market size estimated from company share analysis acts as a validation point for bottom-up approach where as it acts as starting point for top-down approach.

1.5 Research Limitations

Inflation is not a part of pricing in this report. Prices of the products and its derivatives vary in each region and hence similar revenue ratio does not follow for each individual region. The same price for each type has been taken into account while estimating and forecasting market revenue on a global basis. Regional average price has been considered while breaking down this market by end user in each region.

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