DUBLIN, July 27, 2015 /PRNewswire/ --
Research and Markets(http://www.researchandmarkets.com/research/h85dj3/pharmaceutical) has announced the addition of the "Pharmaceutical Packaging Market by Packaging Type, by Raw Material, by Drug Delivery Type by Region(North America, Europe, Asia-Pacific, RoW) - Forecasts to 2020" report to their offering.
The global pharmaceutical packaging market demand, by value is estimated to reach above $80 Billion by 2020
The pharmaceutical packaging market is anticipated to show a steady growth rate in the coming years. Drug delivery types such as oral, pulmonary, transdermal, injectable, topical, nasal, ocular, and IV drugs, and are predicted to show higher growth than other applications.
Advancement in drug delivery technologies is leading to the use of innovative packaging in many pharmaceutical sub segments. This is also increasing the demand for different types of packaging materials. Aging of world population and rising health awareness among consumers are some of the significant drivers of the pharmaceutical market. Rapid growth of the pharmaceutical industry globally, especially in the emerging regions along with the growing demand for drug delivery devices & blister packaging are the most important drivers of the market. Growth in the demand for primary packaging and rapidly increasing third party logistics also provide ample opportunity for the growth of the pharmaceutical packaging market. Increasing overall packaging cost along with stricter health regulations and compliance standards are hindering the growth of the market.
North America and Europe are the leading regions for the consumption of pharmaceutical packaging materials. The U.S. holds the largest share in the North American market while Germany holds the largest share in the European market. Asia-Pacific and the RoW regions are showing a significant increase in demand of pharmaceutical packaging materials.
Pharmaceutical packaging companies focus keenly on research and development to provide innovative and high quality solutions to its customers. Besides, these companies also aggressively expanded, collaborated and venture with companies to increase their presence in different regions. These two are the major strategies adopted by the companies to strengthen their position in the pharmaceutical packaging market.
The current scenario in the global pharmaceutical packaging market is dominated by number of major players that include MeadWestvaco Corporation (U.S.), Schott AG (Germany), Amcor Ltd. (Australia), Rexam PLC (U.K.), Gerresheimer AG (Germany), and so on.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Market Overview
5 Premium Insight
6 Market Dynamics
7 Pharmaceutical Packaging Market, By Packaging Type
8 Pharmaceutical Packaging Market, By Packaging Material
9 Pharmaceutical Packaging Market, By Drug Delivery Type
10 Pharmaceutical Packaging Market, By Geography
11 Packaging Market for Veterinary Vaccines
12 Competitive Landscape
13 Company Profiles
- Aptargroup, Inc.
- Becton, Dickinson & Company
- Capsugel Inc.
- CCL Industries Inc.
- Datwyler Holding Inc.
- Gerresheimer AG
- Global Closure Systems Ltd
- Klockner Pentaplast Group
- Meadwestvaco Corporation
- NYPRO Inc.
- RPC Group PLC
- Steripack Limited
- Vitro, S.A.B. De C.V.
- Welch Packaging
- West Pharmaceutical Services, Inc.
- Wihuri Group
For more information visit http://www.researchandmarkets.com/research/h85dj3/pharmaceutical
Media Contact: Laura Wood , +353-1-481-1716, firstname.lastname@example.org
SOURCE Research and Markets