DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "China Pharmaceutical Packaging Industry Report, 2016-2021" report to their offering.
Under the impetus of the fast-growing downstream pharmaceutical industry, Chinese pharmaceutical packaging market size increased year by year at the CAGR of 11.2% during 2010-2016. From 2017 to 2021, the market size will maintain the growth rate of about 10% and is expected to outnumber RMB140 billion in 2021, thanks to severe aging, the released two-child policy, the rapid development of biological agents and supporting policies.
More than 1,500 Chinese pharmaceutical packaging enterprises are mostly small and scattered, so the market needs integrating at once. Driven by the Guidance on Speeding up Corporate Mergers and Acquisitions of Key Industries and other policies, China pharmaceutical packaging industry has witnessed frequent mergers and acquisitions in recent years, for instance, Fengyuan Pharmaceutical acquired Chengdu PUSH Pharmaceutical, China Jianyin Investment Ltd (JIC) took over SGD, Chienyeh Pharmaceutical Packaging bought Nanchong Sanying Medicinal Packaging Material Co., Ltd. In this case, the concentration of Chinese pharmaceutical packaging market has been raised progressively.
At present, Chinese high-end pharmaceutical packaging market is mainly occupied by BD, Gerresheimer, SCHOTT, Nipro, Amcor and other multinational companies, while the medium and low-end market is dominated by local firms. In recent years, higher pharmaceutical packaging standards propel local enterprises to intensify R & D, so they will gradually transfer to the high-end market in future.
Key Topics Covered:
2 Chinese Pharmaceutical Packaging Industry
3 Foreign Companies
4 Chinese Companies
- Becton, Dickinson and Company
- Gerresheimer AG
- Guizhou Chienyeh Pharmaceutical Packaging Co., Ltd.
- Hongguang Medicine Packaging Company
- Linuo Glassworks Group
- Nipro Medical Corporation
- SCHOTT AG
- Shandong Pharmaceutical Glass Co., Ltd.
- Shandong Weigao Group Medical Polymer Co., Ltd (WEGO)
- Shanghai Haishun New Pharmaceutical Packaging Co., Ltd.
- Sichuan Kelun Pharmaceutical Co., Ltd.
- Tongyu Pharmaceutical Packaging Co., Ltd.
For more information about this report visit http://www.researchandmarkets.com/research/tr7nn6/china