2014-02-21 20:47:35 - by Packaging Type (Plastic bottles, Blister packs, Caps & Closures, Ampoules, Vials and Others) Raw Material (Plastics, Paper & Paperboard, Glass, Aluminum foils), and Drug Delivery Type
Packaging is one of the largest industry sectors in the world, worth several billions. Pharmaceutical packaging represents a meager percentage of this colossal market. The global pharmaceutical industry has seen a shift in paradigm and has now moved towards efficient and advanced packaging. About a decade ago, packaging was considered as a last thought, which was needed to be considered in the final stages of manufacturing for many pharmaceutical companies. But recently, packaging has quickly become an essential part of the pharmaceutical products, drug delivery system as well as a core element of the marketing mix, through which manufacturers can differentiate their products from those of their competitors. Packaging has been helping the drug manufacturers to meet many challenges in
value chain of pharmaceuticals business. The demand for pharmaceutical packaging is increasing and will continue to increase as the companies utilize packaging and labeling more like a medium to protect and promote their products, increase patient compliance, and meet new regulations.
The pharmaceutical packaging report analyzes pharmaceutical packaging market by type of packaging and drug delivery technologies; globally & regionally. The report familiarizes the industry players with the market trends, opportunities, drivers, and challenges. This report identifies the factors driving or inhibiting the growth of each segment to support its analysis of market trends and forecasts. In addition to the market size, data trends, and forecasts; the report also highlights the key market opportunities for the stakeholders and draws a competitive landscape in which the key market developments of the top companies in the market are profiled.
The global pharmaceutical packaging market is expected to grow at a CAGR of 6.7% from 2013 to 2018 to reach a value of $78.79 billion. The packaging market by drug delivery type is growing at a CAGR of 9.1% and constitutes a significant part of the overall pharmaceutical packaging market. The market is expected to be pushed by off-patenting of drugs, expanding generics market, and rapidly growing drug delivery market. Due to increasing generic and contract manufacturing activities in Asia-Pacific, especially in India and China, the emerging geographies are expected to register maximum growth.
Advances in biotechnology often lead to the introduction of new therapies that must be injected; the pharmaceutical packaging market is expected to witness fastest growth from pre-fillable syringes and parenteral vials. Availability of raw materials and price volatility coupled with changing health regulations are the major deterrents that are curbing the growth of this market. The fastest growth in the pharma packaging market is expected to come from pre-fillable syringes, labels and accessories, blister packs, temperature controlled medicines packaging, and few niche products, which will continue to expand in the coming years. Mergers and acquisitions in the recent past have indicated that the industry is on its way to consolidation globally and global packaging suppliers are strengthening their presence in emerging markets.
All these factors, along with the growing pharma industry, will continue to drive the demand for packaging. However, the packaging industry will have to overcome challenges, such as the availability and price volatility of raw materials and changing health regulations, in order to meet the increasing demand from the growing pharma industry.
Full Report Details at
- www.fastmr.com/prod/777397_pharmaceutical_packaging_market_by_pa ..
Partial Table of Contents:
1.1 KEY TAKE-AWAYS
1.2 REPORT DESCRIPTION
1.3 MARKETS COVERED
1.5 RESEARCH METHODOLOGY
1.5.1 MARKET SIZE
1.5.2 KEY DATA POINTS TAKEN FROM SECONDARY SOURCES
1.5.3 KEY DATA POINTS TAKEN FROM PRIMARY SOURCES
1.5.4 ASSUMPTIONS MADE FOR THIS REPORT
1.5.5 MAJOR SECONDARY SOURCES USED
1.5.6 LIST OF MAJOR COMPANIES COVERED DURING PRIMARIES
1.5.7 KEY QUESTIONS ANSWERED
2 EXECUTIVE SUMMARY
3 MARKET OVERVIEW
3.2 VALUE CHAIN
3.3 PORTER'S FIVE FORCES ANALYSIS
3.3.1 SUPPLIERS' POWER
3.3.2 BUYERS' POWER
3.3.3 THREAT OF NEW ENTRANTS
3.3.4 THREAT OF SUBSTITUTES
3.3.5 DEGREE OF COMPETITION
4 PREMIUM INSIGHT
5 MARKET DYNAMICS
5.1.1 RAPID GROWTH OF PHARMACEUTICAL INDUSTRY GLOBALLY; ESPECIALLY IN EMERGING ECONOMIES SUCH AS BRIC COUNTRIES
5.1.2 GROWING DEMAND FOR DRUG DELIVERY DEVICES & BLISTER PACKAGING
5.1.3 NANOTECHNOLOGY TO CONTRIBUTE PHARMACEUTICAL PACKAGING FUTURE GROWTH
5.2.1 INCREASING OVERALL PACKAGING COST
5.2.2 STRICTER GLOBAL HEALTH REGULATORY, COMPLIANCE STANDARDS, ENVIRONMENTAL & POLITICAL NORMS
5.2.3 CHALLENGES IN SERVING EMERGING MARKETS
5.3.1 GROWTH IN GLOBAL DEMAND FOR PRIMARY PHARMACEUTICAL CONTAINERS
5.3.2 FAST INCREASING 3PL & OTHER SERVICES IN EMERGING MARKETS
22.214.171.124 Trends & Developments
5.3.4 ADOPTION OF NEW TECHNOLOGIES & NEW PACKAGING LINES
126.96.36.199 Child-resistant Packaging
188.8.131.52 Radio-Frequency Identification (RFID)
184.108.40.206 Stora Enso Pharma DDSi Wireless Technology
220.127.116.11 Combination of Twist-off Caps & Foil Seal Closures
18.104.22.168 Launch of PP Random Copolymer Grades
22.214.171.124 Eco-friendly & Sustainable Pharma Packaging
126.96.36.199 Braille Compliance
188.8.131.52 Smart Technologies: Latest Pharmaceutical Packaging Innovations
5.3.5 MAJOR IMPACTS OF MERGERS & ACQUISITIONS IN THE INDUSTRY
184.108.40.206 Major Observations from the M&As Happened in Recent Past
220.127.116.11 Analysis from Suppliers' Perspective:
18.104.22.168 Analysis from Industry Perspective
6 PHARMACEUTICAL PACKAGING MARKET, BY PACKAGING TYPE
6.2 PLASTIC BOTTLES
6.3 BLISTER PACKS
6.4 LABELS & ACCESSORIES
6.5 CAPS & CLOSURES
Full Table of Contents is available at:
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