Pharmaceutical Packaging Market Research Report - Forecast to 2023

1. Pharmaceutical Packaging MarketResearch Report By Forecast To2023 Industry Survey, Growth, Competitive Landscape and Forecasts to2023 P R E P A R E DB Y Market ResearchFuture (Part of W antstats Research &Media Pvt.Ltd.)

2. Pharmaceutical Packaging Market Forecast To2023 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, Genericdrugs, branded drugs) - Forecastto2023 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 ahigh 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 environmentplaysanimportantrole in the growthof the globalpharmaceutical packagingmarket. 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 increasingdemandfromthe growingpharmaceutical industryactingasamajorrestraint forthe 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 OTCproducts and an increasingly competitive marketplace havemadeit animportant marketingtool. Theissueof environmental safetyisalsoakeyconcernfor emergingcountries. ReportSample@ https://www.marketresearchfuture.com/sample_request/1291 2 www .marketresearchfuture.com

3. Pharmaceutical Packaging Market Forecast To2023 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. Accordingto PMMI, TheAssociationfor Packagingand ProcessingTechnologies,the market for pharmaceuticals and medical devices is likely to continue growing over the forecast period. In total, the 2015 pharmaceutical industry produced USD1.1 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 4.5trillion dosesby2020,up24%from2015,emphasizingthe opportunityin this marketsegment. 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. Onthe 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,NorthAmerica,Europe,andthe Middle East&Africa. April 20, 2016: Bemis Company, Inc. acquired the medical device packaging operations and related value-added services of SteriPackGroup,aglobalmanufacturerof sterile packagingsolutions for medicaldeviceandpharmaceuticalapplications. In 2016,AmcorLtd.(Australia)expandedits Milwaukee plant, Wisconsin(U.S.)with anaimto enhanceits flexographic printing. BrowseFullReport@ https://www.marketresearchfuture.com/reports/pharmaceutical-packaging-market-1291 3 www .marketresearchfuture.com

4. Pharmaceutical Packaging Market Forecast T o2023 Pharmaceutical Packaging Market-BySegment 4 www .marketresearchfuture.com

5. Pharmaceutical Packaging Market Forecast To2023 RegionalAnalysis 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, newproduct launcheswith specializedpackagingneedsandincreasein investment for novel drugdeliverytechniques. 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 regulationsaimedat improvingthe quality andintegrityof domesticallyproducedmedicinesandits packaging. KeyPlayers Some of the key players in the global pharmaceutical packaging market include Amcor Ltd. (Australia), Schott AG (Germany),AptarGroup,Inc.(U.S.),GerresheimerAG(Germany),Becton,DickinsonandCompany(U.S.),CapsugelInc. (U.S.), Owens-Illinois (U.S.),Berry PlasticsGroup(U.S.),WestrockCompany(U.S),andCOMARLLC(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 R&D activities. Moreover, low to medium switching costs by consumers, makes the entry of new playersmoderately easy.Thus,makingthe threat of newentrants,medium. PressRelease@ https://www.marketresearchfuture.com/press-release/pharmaceutical-packaging-market 5 www .marketresearchfuture.com

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