Navigation Links
Global Pharmaceutical Packaging Market is Expected to Reach USD 73.04 Billion in 2018: Transparency Market Research
Date:9/4/2013

Albany, New York (PRWEB) September 04, 2013

According to a new market report published by Transparency Market Research, "Global and U.S. Pharmaceutical Packaging (Plastic Bottles, Parental Containers, Blister, Closures, Labels and Others) Market for Manufacturing and Contract Packaging-Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018," the global pharmaceutical packaging market was valued at USD 50.07 billion in 2011 and is expected to be USD 73.04 billion by 2018, growing at a CAGR of 5.6% from 2012 to 2018.

Browse the full report with TOC at http://www.transparencymarketresearch.com/pharmaceutical-packaging-market.html.

Development of innovative packaging that provides a combination of product protection, quality, security, tamper evidence and visual appeal to enhance consumer consumption and reduce counterfeiting and other malpractices is expected to boost the market within the forecast period. Furthermore, implementation of numerous stringent regulations by authorized agencies such as Healthcare Compliance Packaging Council (HCPC), National Quality Forum (NQF) and Food and Drug Administration (FDA) for pharmaceutical packaging is expected to contribute to the growth of the market over the next few years. However, availability and volatility in the prices of raw materials is expected to hamper the growth of the market. A shift towards nano enabled pharmaceutical packaging and a growing demand from developing countries such as China, Brazil and India are expected to open new opportunities for growth of this market.

Plastic bottles were the largest product segment of pharmaceutical packaging accounting for over 20% of the market in 2011. However, parental containers are expected to be the fastest growing product segment due to introduction of new injected therapies on account of advancements in biotechnology.

Demand for pharmaceutical packaging was highest in North America and Europe, together accounting for over 60% of the market in 2011. However, Asia Pacific is expected to show the fastest growth over the forecast period on account of increasing government initiatives, growing contract manufacturing activities and ageing population. The market in Asia Pacific is expected to reach USD 20.63 billion by 2018.

Key participants in the pharmaceutical packaging market include Amcor, Gerresheimer AG, Becton Dickinson, MeadWestvaco, Rexam PLC, West Pharmaceutical Services, 3M and Tear and Tape among others. The report profiles the above mentioned companies along with their detailed market share analysis.

The report also includes a comprehensive analysis of the pharmaceutical packaging market in terms of revenue. In addition, the study covers the demand forecast of the market in various regions such as North America, Europe, Asia Pacific and Rest of the World. The report comprises of the following segments:
Pharmaceutical Packaging Market: Product Segment Analysis,
Plastic Bottles
Parental Containers
Blister Packaging
Other Primary Packaging
Closures
Labels
Others

The report provides a detailed analysis of the market with respect to the following regions:
North America
United States
Europe
Asia Pacific
Rest of the World (RoW)

Browse Blog: http://semiconductor-market-reports.blogspot.com
Browse all Market Research reports: http://www.transparencymarketresearch.com

Read the full story at http://www.prweb.com/releases/2013/9/prweb11088259.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. Global Vision to Showcase Revolutionary Print and Pre-Press Inspection Solutions at PRINT 13
2. Contract Research Organization WCCT Global Welcomes Lada Smirnova to the Executive Team as Chief Financial Officer
3. Health landscape in 6 global regions reveals rapid progress and daunting challenges
4. Globalsurance Review Reveals Premium Inflation Rates of Medical Insurance Providers
5. Globalsurance Releases 2013 International Private Medical Insurance Review
6. Global Proteomics Market (Instrumentation Technology, Reagents & Services) Worth $17.2 Billion by 2017 - New Report by MarketsandMarkets
7. The Global Ophthalmology Devices and Drugs Market is Expected to Reach $52.6 Billion by 2017 - New Report by MarketsandMarkets
8. Viewpoints Industry TV Offers a Segment on Doing Business in a Global Economy
9. GlobalSurance Launches Redesigned Health Insurance Website For Its Clients
10. LDM Global Grows - New Team Members, New Markets
11. It Works! Global Awards Kami Dempsey With "Black Diamond" Title
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/13/2017)... ... October 13, 2017 , ... Dickinson ... offers insurance and financial preparation services, is providing an update on a charitable ... , Rock City Rescue is a locally recognized nonprofit that provides shelter and ...
(Date:10/13/2017)... Nevada (PRWEB) , ... October 13, 2017 , ... ... Hemp CBD Oil utilizing Purzorb™ technology. Applying the Purzorb™process to full spectrum CBD oil ... required and providing a CBD form that can be easily incorporated into liquid products, ...
(Date:10/13/2017)... , ... October 13, 2017 , ... The Visiting Nurse ... Market. Featuring a collection of specialty vendors and unique items from across the nation, ... quality-focused health and wellness services offered by the VNA. The boutique will be ...
(Date:10/13/2017)... ... October 13, 2017 , ... Coveros, a leader in agile ... a contract by the Center for Medicare and Medicaid Services (CMS). The Enterprise ... use of Agile methodologies in a consistent and high value manner across CMS ...
(Date:10/12/2017)... ... October 12, 2017 , ... Planet Fitness, one of the largest and fastest ... to open a flagship location in Covington, LA at 401 N. U.S. Highway 190, ... next to Office Depot in the Holiday Square shopping center. Its location allows it ...
Breaking Medicine News(10 mins):
(Date:10/10/2017)... , Oct. 10, 2017   West Pharmaceutical Services, ... solutions for injectable drug administration, today shared the results ... Adapter for improving the intradermal administration of polio vaccines. ... Vaccination Summit in May 2017 by Dr. Ondrej ... Department, World Health Organization (WHO), and recently published in ...
(Date:10/4/2017)... , Oct. 4, 2017 ... single-use, self-contained, illuminating medical devices, today announced regulatory ... Health Surveillance Agency (or Agência Nacional de Vigilância ... first single-use, cordless surgical retractor with integrated LED ... optimal access, illumination and exposure of a tissue ...
(Date:10/2/2017)... The Rebound mobile app is poised to become a vital ... prescription drug addiction. The app empowers users to develop an ... their dosage in a safe, controlled manner while maximizing well-being. ... 100,000 people to sign up will enjoy 3 months of ... ...
Breaking Medicine Technology: