Press release
Pharmaceuticals Pouch Market to Gain a Stronghold by 2027
Technological advancements in the pharmaceutical industry are rapidly changing the drug delivery system & chemical compounds in the industry. To ensure proper functioning and protection of new drug delivery system a better and advanced packaging is needed. Packaging used for pharmaceutical products has the ability to resist the effect and penetration of chemicals, moisture, light, and oxygen. Pharmaceutical pouches are one such extensively used form of packaging used for advanced drug delivery systems. Pharmaceutical pouches are not only inherited with barrier properties against the external environment but are also available in child resistance and senior citizen friendly designs and mechanism. Pharmaceutical pouches are available in foil and non-foil barrier structures. To ensure the complete safety and hygiene of the end user pharmaceutical pouches are also available in tamper-evident formats.Pharmaceuticals pouch market: Market Dynamics
Due to the technological advancements in flexible packaging format world is shifting from rigid packaging to flexible packaging. World flexible packaging market is estimated to be around US$ 238 Bn and is expected to grow at a CAGR of 5.5% over the forecast period. To leverage the technological advancements of flexible packaging format pharmaceutical product manufacturers are using pharmaceutical pouches as they are more advanced in providing protection with a minimum input of raw material. Pharmaceuticals pouches can be easily manufactured with resistance properties to chemical, oxygen, moisture and abrasion resistance according to the need of the product. Use of pharmaceutical pouches for packaging of unit dose enables patients to take the right amount of drug is another factor for boosting the demand for pharmaceutical pouches market. Pharmaceutical pouches can be easily printed with prescription hence enabling the patient to consume the medicine in the prescribed manner. However, pharmaceutical pouches prove to be inefficient for the handling of liquid dosages which may limit the growth in pharmaceuticals pouch market. Moreover, pharmaceutical pouches are inefficient in proper utilization of drugs packed for the longer course as once opened pouches tend to be get affected by moisture. On the backdrop of increasing inclination of manufacturers for the use of flexible packaging for reducing their carbon footprint is expected to increase the demand in pharmaceuticals pouch market.
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Pharmaceuticals pouch market - Key Players:
Some major players of the Pharmaceuticals pouch market are Ampac Holdings, LLC, Bemis Company, Inc., Qed Kares Packers Private Limited, GFR Pharma, Glenroy, Inc., Nelipak Corporation, Oliver Healthcare Packaging, LLC, B. Braun Medical Ltd, Amcor Limited, American FlexPack, Inc., Maco PKG., CHAMPION PLASTICS, Rushan Wufeng Silica Gel Co., Ltd., Dongguan Hehui Packaging Materials Co., Ltd, Qingdao Huakang Plastic Packaging Co., Ltd., Shenzhen Yongliantai Plastic Bag Co., Ltd., Shandong Mingda Packing Product Co., Ltd. and Shanghai Wei Hang Printing Co., Ltd.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Report Highlights : Detailed overview of parent market,Changing market dynamics in the industry,In-depth market segmentation,Historical, current and projected market size in terms of volume and value,Recent industry trends and developments,Competitive landscape,Strategies of key players and products offered,Potential and niche segments, geographical regions exhibiting promising growth,A neutral perspective on market performance,Must-have information for market players to sustain and enhance their market footprint.
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