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Pharmaceutical Packaging Market Research Report - Forecast to 2023


Global Pharmaceutical Packaging Market Research Report: Information by Material (Plastic, Paper & Paperboard, Glass), Type (Bottle, Aerosol Pack, Tubes, Blister Pack, Sachets), Packaging (Rigid, Flexible, Semi-rigid), Application (Generic Drugs, Branded Drugs, Medical Tools & Equipment, Test Kits, Nutraceuticals), and Region - Forecast till 2023 – PowerPoint PPT presentation

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Title: Pharmaceutical Packaging Market Research Report - Forecast to 2023

Pharmaceutical Packaging Market Research Report
By Forecast To 2023
Industry Survey, Growth, Competitive Landscape
and Forecasts to 2023
PREPARED BY Market Research Future (Part of
Wantstats Research Media Pvt. Ltd.)
Pharmaceutical Packaging Market Forecast To 2023
Global Pharmaceutical Packaging Information Type
(bottle vials, aerosol packs, tubes, blister
packs, sachets, ampoules) material (Glass,
plastic, Paper) Packaging (Flexible, rigid and
semi-rigid) application (Medical tools
equipment, Generic drugs, branded drugs) -
Forecast to 2023 Pharmaceutical packaging is a
combination of components, which are necessary to
preserve, protect deliver different types of
the drug product. Traditional pharmaceutical
packaging materials have been developed to
provide a high degree of protection to sensitive
goods. However, with technological advancement,
new packaging challenges have risen, which are
solved with the use of a new generation of
materials. Advanced manufacturing processes such
as green packaging technologies, use of
environment-friendly materials to develop
pharmaceutical packages, which inflict minimal
harm to the environment plays an important role
in the growth of the global pharmaceutical
packaging market. All of these factors, coupled
with the rising pharmaceutical industry, will
continue to motivate people to purchase packaging
product. However, availability and price
volatility of raw materials and changing health
regulations, in order to meet increasing demand
from the growing pharmaceutical industry acting
as a major restraint for the market. The
packaging of pharmaceuticals provides
containment, drug safety, identity, the
convenience of handling, and delivery.
Pharmaceutical packagers concerned with pressing
include counterfeit and packaging, ensuring drug
integrity and balancing child-resistance, and
others. In the world of the Pharmaceutical
packaging constant innovation is key to ensure
Patient safety. Moreover, the combination of an
increase in the generic OTC products and an
increasingly competitive marketplace have made
it an important marketing tool. The issue of
environmental safety is also a key concern for
emerging countries. Report Sample _at_
Pharmaceutical Packaging Market Forecast To 2023
Pharmaceuticals need reliable and speedy
packaging solutions, which fulfill quality,
comfort, and security needs. Constant
innovations such as blow-fill-seal (BFS) vials,
anti-counterfeit measures, plasma impulse
chemical vapor deposition (PICVD) coating
technology, two-in-one prefilled vials, prefilled
syringes, and child-resistant packs all have a
direct impact on the packaging. According to
PMMI, The Association for Packaging and
Processing Technologies, the market for
pharmaceuticals and medical devices is likely to
continue growing over the forecast period. In
total, the 2015 pharmaceutical industry produced
USD 1.1 trillion in the global sales with medical
devices reaching USD 350 billion. Aging
population, longer life expectanc,y and a
general increase in rare or chronic diseases are
impacting healthcare worldwide. Global medicine
use is expected to reach 4.5 trillion doses by
2020, up 24 from 2015, emphasizing the
opportunity in this market segment. The future of
the global pharmaceutical packaging market looks
good, driven by the growth of the pharmaceutical
industry coupled with improving healthcare
services in emerging economies. In this
pharmaceutical packaging market, it is
categorized into different materials, which
include plastic, glass, paper, and other material
types. On the basis of the type, it is segmented
into bottle vials, aerosol packs, tubes,
blister packs, sachets, ampoules and others. By
the packaging, the market is categorized into
flexible, rigid and semi-rigid. On the basis of
the application, the market is catogorized into
medical tools equipment, generic drugs, branded
drugs, and other. Geographically, the market is
segmented into Asia Pacific, North America,
Europe, and the Middle East Africa. April 20,
2016 Bemis Company, Inc. acquired the medical
device packaging operations and related
value-added services of SteriPack Group, a
global manufacturer of sterile packaging
solutions for medical device and pharmaceutical
applications. In 2016, Amcor Ltd. (Australia)
expanded its Milwaukee plant, Wisconsin (U.S.)
with an aim to enhance its flexographic printing.
Browse Full Report _at_ https//www.marketresearchfu
Pharmaceutical Packaging Market Forecast To 2023
Pharmaceutical Packaging Market-By Segment
Pharmaceutical Packaging Market Forecast To 2023
Regional Analysis High adoption of desiccants
for pharmaceutical and chemical sectors helped
the North American market to stay ahead of other
regional pharmaceutical packaging market.
Availability of raw materials and advance
technologies, and continuous research and
development activities enable the development of
innovative product solutions in this region.
Additionally, new product launches with
specialized packaging needs and increase in
investment for novel drug delivery
techniques. Asia Pacific is expected to
experience a high growth over the forecasted
period due to fastest growing markets such as
China and India. Rapidly expanding pharmaceutical
manufacturing capabilities and the adoption of
more stringent regulations aimed at improving
the quality and integrity of domestically
produced medicines and its packaging. Key
Players Some of the key players in the global
pharmaceutical packaging market include Amcor
Ltd. (Australia), Schott AG (Germany),
AptarGroup, Inc. (U.S.), Gerresheimer AG
(Germany), Becton, Dickinson and Company (U.S.),
Capsugel Inc. (U.S.), Owens-Illinois (U.S.),
Berry Plastics Group (U.S.), Westrock Company
(U.S), and COMAR LLC (U.S.). The companies that
are trying to enter the market need to have a
medium capital investment to set up manufacturing
facilities and carry out RD activities.
Moreover, low to medium switching costs by
consumers, makes the entry of new players
moderately easy. Thus, making the threat of new
entrants, medium. Press Release _at_
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