NEW YORK, Feb. 28, 2018 /PRNewswire/ -- The future of the global pharmaceutical packaging market looks good, driven by growth of the pharmaceutical industry along with improving healthcare services in developing economies. The global pharmaceutical packaging market is expected to reach an estimated $86.4 billion by 2023 and is forecast to grow at a CAGR of 5.5% from 2018 to 2023. In this market, plastic, glass, paper, and aluminum foil are the main material types. Read the full report: https://www.reportlinker.com/p05351006
Emerging trends, which have a direct impact on the dynamics of the pharmaceutical packaging industry, include rising demand for eco-friendly packaging, increasing use of nano-enabled packaging, and increasing adoption of blow-fill-seal technology. The study includes the market size and forecast for the global pharmaceutical packaging market through 2023, segmented by product, material, end user, and region, as follows:
Pharmaceutical Packaging Market by Product Type [Value ($ Million) from 2012 to 2023]:
Bottles Caps & Closures Parenteral Containers Blister Packs Pre-Fillable Syringes Pre-Fillable Inhalers Pouches Others Pharmaceutical Packaging Market by Material Type [Value ($ Million) from 2012 to 2023]:
Plastics Paper and Paperboard Glass Aluminum Foil Others Pharmaceutical Packaging Market by End user [Value ($ Million) from 2012 to 2023]:
Pharmaceutical Manufactures Contract Packaging Pharmaceutical Packaging Market by Region [Value ($ Million) from 2012 to 2023]:
North America Europe APAC ROW Some of the pharmaceutical packaging companies profiled in this report Amcor Ltd., Gerresheimer AG, West Pharmaceutical Services, Inc., Aptar Group, Inc., and Becton Dickinson and others. Lucintel forecasts that plastic packaging is expected to witness significant growth over the forecast period because plastic is lightweight and easy to handle. Plastics also have a superior aesthetic value and an excellent barrier against moisture and air. Within the global pharmaceutical packaging market, bottles are expected to remain the largest product type driven by increased application in both solid and liquid oral medications as bottles provide convenience, safety, and security. North America is expected to remain the largest region because of its large pharmaceutical manufacturing base, and the ability to introduce technological advancements to pharmaceutical packaging. Some of the features of "Pharmaceutical Packaging Market Report: Trends, Forecast and Competitive Analysis" include:
Market size estimates: Global pharmaceutical packaging market size estimation in terms of value ($M) shipment. Trend and forecast analysis: Market trend (2012-2017) and forecast (2018-2023) by segments and region. Segmentation analysis: Global pharmaceutical packaging market size by various applications such as product, material, and end user in terms of value and volume shipment. Regional analysis: Global pharmaceutical packaging market breakdown by North America, Europe, Asia Pacific, and the Rest of the World. Growth opportunities: Analysis on growth opportunities in different applications and regions of pharmaceutical packaging in the global pharmaceutical packaging market. Strategic analysis: This includes M&A, new product development, and competitive landscape of pharmaceutical packaging in the global pharmaceutical packaging market. Analysis of competitive intensity of the industry based on Porter's Five Forces model. This report addresses the following key questions:
Q.1 What are some of the most promising, growth opportunities for global pharmaceutical packaging market by product (bottles, caps and closures, parenteral containers, blister packs, pre-fillable syringes, pre-fillable inhalers, pouches and others), material (plastic, glass, paper and paperboard, aluminum foil, and others), end user (pharmaceutical manufacturer and), and region (North America, Europe, Asia Pacific, and the Rest of the World)? Q.2 Which segments will grow at a faster pace and why? Q.3 Which region will grow at a faster pace and why? Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges, and business risks in this pharmaceutical packaging market? Q.5 What are the business risks and competitive threats in this pharmaceutical packaging market? Q.6 What are the emerging trends in this pharmaceutical packaging market and the reasons behind them? Q.7 What are some of the changing demands of customers in the pharmaceutical packaging market? Q.8 What are the new developments in the pharmaceutical packaging market and which companies are leading these developments? Q.9 Who are the major players in this pharmaceutical packaging market? What strategic initiatives are being taken by key players for business growth? Q.10 What are some of the competing products in this pharmaceutical packaging market and how big of a threat do they pose for loss of market share by product substitution? Q. 11 What M & A activity has occurred in the last 5 years in this pharmaceutical packaging market?Read the full report: https://www.reportlinker.com/p05351006
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