Title: North America pharmaceutical packaging market
1Worlds 1st Real Time Market Intelligence
MicroMarket Monitor
Forecasts
- The North America pharmaceutical packaging market
is expected to reach to 24,698.4 million in 2018
2- The North America pharmaceutical packaging
market was valued at 19,373.7 million in 2012,
and is expected to reach to 24,698.4 million in
2018 at a CAGR of 4.1. - Pharmaceutical packaging is used to maintain
overall safety of pharmaceutical preparations,
keeping them free from contamination, hindering
microbial growth, and ensuring product safety
through the intended shelf life for the
pharmaceuticals. Packaging of pharmaceutical
products differs significantly from food
packaging. It is a broad, multi-faceted, and
challenging task as it requires the application
of a large amount of scientific and engineering
expertise. Pharmaceutical packaging is of three
types primary, secondary, and tertiary. These
are further classified by packaging type, by
material type, and by drug delivery type.
3 Browse through the market data tables, figures
and detailed ToC on the North America
pharmaceutical packaging market
. http//www.micromarketmonitor.com/market/north
-america-pharmaceutical-packaging-6251241503.html
4 - Currently, rigid plastic for pharmaceutical
packaging is gaining popularity in North America.
This trend is expected to continue with plastics
being the major driver in the materials for
pharmaceutical packaging, preferred against PET
(polyethylene terephthalate) and PE
(polyethylene). Rapidly evolving pharmaceutical
therapies, pharmaceutical drug innovations that
require specialized packaging, and the growing
demand for smart packaging from pharmaceutical
industries are driving the growth of the
pharmaceutical packaging market in North America.
5 - Moreover, the recovery of the global economy and
successful developments in the field of
manufacturing of pharmaceuticalsespecially in
advanced drug delivery systemsis aiding the
growth of North American pharmaceutical packaging
market. - Top market players in the region are investing in
technical innovations in various applications of
the pharmaceutical packaging industry.
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