Pharmaceutical Packaging in the US by Product and Market, 12th Edition

Monday, October 30, 2017 General News
Email Print This Page Comment bookmark
Font : A-A+

Changing Market Environment Will Drive Growth in Pharmaceutical Packaging Products

NEW YORK, Oct. 30, 2017 /PRNewswire/ -- Growth will reflect the expanding production and consumption of ethical and OTC

drugs attributable to an increasing need for medication spurred by aging demographic patterns and evolving epidemiological trends. Read the full report: https://www.reportlinker.com/p05166499Other factors boosting demand will encompass changing patient care approaches promoting the use of pharmaceuticals over more expensive forms of treatment; the development and introduction of new and improved drug therapies; and the widening use of OTC drugs, nutritional preparations, and herbal medicines for self-treatment and preventive healthcare. Key Findings in the Pharmaceutical Packaging Study Parenteral Containers Will Lead Growth of Primary Pharmaceutical Packaging Among primary pharmaceutical packaging, parenteral containers will post the fastest growth in demand, both in units and value. This trend will reflect the increasing availability and use of advanced injectable and infusion therapies for cancer, hepatitis C, rheumatoid arthritis, and other complex diseases. Prefillable syringes will provide the best growth opportunities due to infection prevention and response time advantages and better adaptability to self-administration. Vials will also retain a sizable share of demand based on low cost and improving materials Versatility Advantages Will Boost Demand of Pharmaceutical Blister Packaging and Plastic Bottles Blister packaging and conventional plastic bottles will continue to divide most demand as oral pharmaceutical containers. Blister packaging will command faster sales growth based on adaptability to unit dose formats with adherence enhancing, expanded label content, high visibility, and built-in track and trace features. However, plastic bottles will retain the larger share of demand, reflecting applications in the bulk and prescription dose packaging of solid oral drugs and the overall packaging of oral liquid medication. Secondary Pharmaceutical Packaging Holds Mixed Growth Prospects Dispensing closures, parenteral stoppers, thermoformed trays, clamshell packs, security-enhanced labels, and intelligent components will provide the fastest growth opportunities among secondary pharmaceutical packaging products based on high value-added features that improve drug delivery, barrier protection, convenience, product security, and/or recordkeeping. Demand for most other pharmaceutical closures, secondary containers, and packaging accessories will expand at a slower pace as they consist mostly of multiple supplier commodities with limited pricing flexibility. Study Coverage This industry study presents historical demand data (2006, 2011 and 2016) and forecasts for 2021 by product (glass and plastic bottles, blister packaging, parenteral containers, prefillable inhalers, pouches, tubes, closures, secondary containers, labels and packaging accessories), and market (pharmaceutical manufacturing, contract packaging, retail and institutional pharmacies, and other). The study also evaluates company market share and competitive analysis on industry competitors including Becton Dickinson, Berry Global, WestRock, West Pharmaceutical Services, Amcor, CCL Industries, Gerresheimer, SCHOTT, Sharp, 3M, Vetter Pharma International, and AptarGroup.Read the full report: https://www.reportlinker.com/p05166499 About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. https://www.reportlinker.com __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001

View original content:http://www.prnewswire.com/news-releases/pharmaceutical-packaging-in-the-us-by-product-and-market-12th-edition-300545621.html

SOURCE Reportlinker



Post your Comments

Comments should be on the topic and should not be abusive. The editorial team reserves the right to review and moderate the comments posted on the site.
* Your comment can be maximum of 2500 characters
I agree to the terms and conditions

News A - Z

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

News Search

Medindia Newsletters

Subscribe to our Free Newsletters!

Terms & Conditions and Privacy Policy.

Find a Doctor

Press Release Category

Press Release Archive

Stay Connected

  • Available on the Android Market
  • Available on the App Store