Published on : Aug 01, 2018
Albany, New York, August 1, 2018: The overall market for pharmaceutical packaging includes a variety of products like blisters, bottles, vials & ampoules, prefilled syringes & cartridges, bags & pouches, sachets etc. In the coming years, the demand for pharmaceutical packaging is expected to rise and this growth is analyzed through a smart research report titled “Pharmaceutical Packaging Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)”, added to the broad database of Market Research Hub (MRH). Readers can learn about the active trends and innovations across the pharmaceutical packaging sector that are expected to support growth during the forecast period.
Packaging of pharmaceutical products hold extreme importance as they are accountable for maintaining the integrity of pharma products. It has been noticed that, the pharmaceutical industry is actively seeking different solutions for tackling loss in revenues caused due to counterfeiting practices. Also, pharmaceutical product manufacturers are stressing on maintaining cost levels as well as investments in advanced solutions such as anti-counterfeit and tracking technologies. The research report starts with a brief introduction about the executive summary that includes useful aspects such as market overview and market analysis. Furthermore, readers can gather information about the market viewpoint which covers knowledge about Porter’s Five Forces analysis, PESTLE analysis and co-relation analysis. In addition, macro-economic overview, opportunity analysis and value chain analysis are also part of this assessment.
Among the various pharmaceutical packaging products, the bottles segment is expected to emerge as the most lucrative segment. The complete market concerning the bottles segment is likely to acquire a value more than US$ 38,100 Mn by 2027-end, growing at a stable CAGR of 5.0% during the stated forecast period. It should be known that, the bottles segment is further divided into packer and liquid bottles; among these the packer bottles sub segment is projected to largely contribute to the development of the parent segment acquiring a higher market share during the period until 2027. Considering market share, vials and ampoules are just behind bottles holding a significant market valuation.
The major regions studied in the report are North America, Asia Pacific Excluding Japan, Latin America, Eastern Europe, Western Europe, Japan and Middle East and Africa. Each of these market regions are analyzed based on market size (US$ Mn) and volume. Furthermore, market attractiveness analysis is also imposed to present a better viewpoint. Moreover, this research report tries to present a clear outlook about the pharmaceutical packaging market that includes the diverse material types used.
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