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:2/23/2017)... ... 2017 , ... Hamlin Dental Group and Dr. Hamid Reza, dentist in ... the month of February, patients who visit Hamlin Dental Group will receive a ticket ... two at the Cheesecake Factory. , Tickets are available for routine dental visits ...
(Date:2/23/2017)... Henderson, Nevada (PRWEB) , ... February 23, 2017 , ... ... Eastern Avenue in Henderson, NV 89052. Dr. Mahon was named a 2017 Top Patient ... Local Doctors is an online directory that recognizes local physicians and dentists who ...
(Date:2/23/2017)... ... February 23, 2017 , ... Healthcare Research & Analytics® (HRA®) ... fight against cancer, has produced a seminal study that asked cancer survivors and ... findings in a webinar, Defining Compassionate Care Through the Voices of Patients and ...
(Date:2/23/2017)... (PRWEB) , ... February 23, 2017 , ... Top cosmetic ... Smiling Patriot program today with a new Indiegogo campaign . Individuals are ... homeless veterans in the Los Angeles area, either as a participating patient or through ...
(Date:2/23/2017)... Va. (PRWEB) , ... February 23, 2017 , ... ... or problems. He has also continued to spiritually evolve, which is the purpose of ... book “ Our Spiritual Truths ” (published by Balboa Press) attempts to guide readers ...
Breaking Medicine News(10 mins):
(Date:2/23/2017)... and VANCOUVER, British Columbia , Feb. ... OGXI ) today announced its year end 2016 financial ... In January 2017, OncoGenex, and Achieve Life Science, Inc., a ... entered into a definitive merger agreement under which OncoGenex ... of the proposed merger, Achieve,s stockholders are expected to ...
(Date:2/23/2017)... 22, 2017 This report analyzes analyzes the worldwide markets ... separate comprehensive analytics for the US, Canada ... , Asia-Pacific , Latin America ... are provided for the period 2015 through 2022. Also, a ... and analytics are derived from primary and secondary research. Company ...
(Date:2/23/2017)... YORK , Feb. 22, 2017 Medical ... medical intervention. Medical imaging is performed to reveal the ... examine and diagnose the medical condition. It plays a ... the treatment process as it is taken into consideration ... medical imaging include X-rays, SPECT/PET, ultrasound, CT, and MRI. ...
Breaking Medicine Technology: