DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Pharmaceutical Packaging Market - Global Forecast to 2021" report to their offering.
The pharmaceutical packaging market is projected to grow at a CAGR of 6.4% during forecast period, 2016 to 2021.
The growth of the pharmaceutical packaging market can be attributed to increased demand from the emerging economies for improved healthcare services and increase in the aging population in developed economies, such as the U.S., the U.K., and Japan, among others. Other key factors driving the growth of the pharmaceutical packaging market are growing urbanization, increasing acceptance of oral administration of drugs, and technological advancements in the field of pharmaceutical packaging such as nanotechnology.
However, factors such as, increase in overall packaging costs owing to dynamic regulatory measures, and stringent regulations set by various governing bodies to curb manufacturing of counterfeit medicines in several countries, are expected to restrain the growth of the pharmaceutical packaging market during the forecast period.
Owing to relatively long shelf-life and stringent safety standards set for pharmaceutical packaging, the effort put in by pharmaceutical packaging suppliers and their raw material suppliers needs to be thorough and error-free. Moreover, it is required to be child and leakage proof. These factors are expected to restrain the growth of the pharmaceutical packaging market during the forecast period. In addition, counterfeit medicines are a major concern and an important challenge for the pharmaceutical industry.
- Amcor Ltd.
- Aptargroup, Inc.
- Becton, Dickinson And Company
- Berry Plastics Group, Inc.
- Capsugel Inc.
- Gerresheimer Ag
- Owens-Illinois, Inc.
- SGD SA
- Schott Ag
- West Pharmaceutical Services, Inc.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Pharmaceutical Packaging Market, By Type
8 Pharmaceutical Packaging Market for Veterinary Vaccines
9 Pharmaceutical Packaging Market, By Drug Delivery Mode
10 Pharmaceutical Packaging Market, By Raw Material
11 Pharmaceutical Packaging Market, By Region
12 Competitive Landscape
13 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/x3g6v4/pharmaceutical