North America pharmaceutical packaging market - PowerPoint PPT Presentation

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North America pharmaceutical packaging market

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North America pharmaceutical packaging market is expected to reach to $24,698.4 million in 2018 – PowerPoint PPT presentation

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Title: North America pharmaceutical packaging market


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Worlds 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.

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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

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  • 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.




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  • 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.



6
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About MicroMarket Monitor
7
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