Uploaded on Nov 1, 2021
The growth of the global pharmaceutical packaging market is attributed to increase in product innovations and merger & acquisition to support new demands majorly drives the market growth. Furthermore, surge in emerging generic drug market and, rapidly growing drug delivery market, and increase in R&D and use of innovative packaging further contribute toward the growth of the market
Pharmaceutical Packaging Market 2027: Expeditious Growth Expected In Coming Years – Claims Allied Market Research
Pharmaceutical Packaging Market 2027: Expeditious Growth Expected In Coming Years – Claims Allied Market Research Pharmaceutical Packaging Market by Product Type (Parenteral Containers, Plastic Bottles, Blister Packaging, Closures, Specialty Bags, Labels, and Others), Material (Glass, Aluminum Foils, Plastics and Polymers, Paper & Paperboards, and Others): Opportunity Analysis and Industry Forecast, 2020–2027 Why Allied Market Research? FREQUENTLY ASKED QUESTIONS? INFALLIBLE METHODOLOGY To ensure high-level data integrity, accurate analysis, and impeccable forecasts Q1. Which is the most influencing segment growing in the pharmaceutical ANALYST SUPPORT packaging market report? For complete satisfaction Q2. What are the key trends in the CUSTOMIZATION pharmaceutical packaging market report? On-demand customization of scope of the report to exactly meet Q3. What are the market values growth % your needs of emerging countries? TARGETED MARKET VIEW Q4. Which are the top companies hold the market share in pharmaceutical packaging Targeted market view to provide pertinent information and save market? time of readers Q5. What is the total market value of pharmaceutical packaging market report ? Overview The global pharmaceutical packaging market was valued at $88,880 million in 2019, and is projected to reach $144,233 million by 2027, registering a CAGR of 6.1% from 2020 to 2027. Pharmaceutical packaging is the packages and the packaging processes for pharmaceutical preparations. It involves all of the operations from production through drug distribution channels to the end consumer. Segments In terms of revenue, the global Pharmaceutical Packaging Market is segmented on the basis of Product, Material type and region. By Product – The plastic bottles segment is accounted to dominate the market share in 2019 as plastic bottles have always been the preferred mode of packaging tablets and capsules. Wide usage of plastic bottle for packaging liquid dosages, like syrups, nasal, and ophthalmic medications. By Material type – Borosilicate glass is the most widely used material to package vaccines and has been used for more than a century. Approximately 50 billion borosilicate glass containers are made annually worldwide for use with a wide variety of vaccines and treatments. Geography North America dominated the Pharmaceutical Packaging Market. The market growth in North America is primarily a reflection of product innovations and launches resulting from technological advancements. The companies mostly adopted product launch, acquisition, and expansion as their key strategies to keep pace with the changing demands of consumers and strengthen their market position. Key Market Players The key players operating in the global Pharmaceutical Packaging Market are • Amcor Ltd, • Aptar Group, Inc., • Catalent Inc., • CCL Industries Inc., • Becton, Dickinson and Company, • Gerresheimer AG, • West Pharmaceutical Services, Inc., • Nipro Corporation, • Berry Global Group, Inc., • SCHOTT Pharmaceutical Packaging. • An in-depth market analysis includes analysis of various regions, which is anticipated to provide a detailed understanding of the current trends to enable stakeholders formulate region-specific plans. Key Findings of the • A comprehensive analysis of factors that drive and restrain Surgical Robots the growth of the global is provided. Market: • The projections in this report are made by analyzing the current trends and future market potential from 2021 to 2030, in terms of value. Find out more at the Allied Market Report store https://www.alliedmarketresearch.com/pharmaceutical-packaging-market
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