openPR Logo
Press release

Increase In Product Innovations And Advanced Manufacturing Processes Is Predicted To Propel the Global MEA Pharmaceutical Packaging Market Outlook: Ken Research

10-20-2021 03:29 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Ken Research Pvt Ltd

Increase In Product Innovations And Advanced Manufacturing

The pharmaceutical packaging is majorly done utilizing the drug-compatible materials to deliver the protection, presentation, information, identification, convenience, compliance, stability and integrity of the product. The packaging for pharma industry is made by utilizing the variety of materials likewise paper and paperboard, plastics and polymers, glass, aluminum foil and several others. Around the African region, the technologies are generating the countless choices to leapfrog in the healthcare segment, as revealed by the Untied Nations Industrial Development Organization.

According to the report analysis, ‘MEA Pharmaceuticals Packaging Market: Current Analysis and Forecast (2021-2028)’ states that the requirement for the pharmaceutical packaging market is boosting in the Middle East and Africa region due to the opening of production amenities around the region, advanced production procedure, sterilized tracking, and tracing of drugs, growing genetic drug market, development growth in the drug delivery market, growth in the research and development initiatives, growth in the population, augment in the prevalence of chronic syndromes coupled with the aging population and growth in requirement for the convenient and sterile packaging.

For More Information, refer to below link:-
https://www.kenresearch.com/healthcare/pharmaceuticals/mea-pharmaceuticals-packaging/464433-91.html

The increasing requirement for pharmaceutical packaging is owing to growing healthcare expenses, and increasing consumer awareness concerning healthier lifestyle. Moreover, improved drug delivery, increasing emerging economy markets such as Qatar, Egypt and others, and innovative packaging solutions with greater patient convenience and compliance propel the market for pharmaceutical packaging.

Furthermore, the significant increase in penetration of retail pharmacies in underdeveloped regions and an increasing focus on brand advancement and product differentiation by pharmaceutical producers are projected to propel market growth. Packaging products are commonly used for storing solid, liquid, and semisolid forms of formulations, such as tablets, capsules, syrups, and topical drug formulations. The growing prevalence of chronic diseases owing to transforming lifestyles, eating habits, and alternation in sleep cycles are underwriting to an augmented need for medications.

Although, the market is projected to observe a significant growth throughout the forecast period. The growth can be accredited to advanced manufacturing procedures to develop sustainable and eco-friendly packaging solutions and product modernizations, intensification in product innovations and merger & acquisition to support new requirement. In addition, serialized tracking and & tracing of drugs, emerging generic drug market, speedily growing drug delivery market, and augment in R&D and utilization of innovative packaging propel the growth of the pharmaceutical packaging market.

In addition, aspects such as advanced manufacturing procedures to develop sustainable and eco-friendly packaging solutions augment in the product innovations and merger & acquisition to assist new requirement. In addition, serialized tracking & tracing of drugs, emerging generic drug market, speedily growing drug delivery market, augment in R&D activities and usage of innovative packaging propel the growth of the pharmaceutical packaging market. Increase in patient-oriented medicines comprising biologics is projected to uplift the market growth of the pharmaceutical packaging market throughout the forecast period. Therefore, in the near years, it is predicted that the market of pharmaceutical packaging will increase around the MEA more actively over the near future.

For More Information, refer to below link:-
https://www.kenresearch.com/healthcare/pharmaceuticals/mea-pharmaceuticals-packaging/464433-91.html

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Support@kenresearch.com
+91-9015378249

Ken Research Pvt. Ltd.,
Unit 14, Tower B3, Spaze I Tech Business Park, Sohna Road, sector 49 Gurgaon, Haryana - 122001, India

Ken Research is a research based management consulting company. We provide strategic consultancy to aid clients on critical business perspective: strategy, marketing, organization, operations and technology transformation, advanced analytics, corporate finance, mergers & acquisitions and sustainability across all industries and geographies. We provide business intelligence and operational advisory across 300+ verticals underscoring disruptive technologies, emerging business models with precedent analysis and success case studies. Some of top consulting companies and Market leaders seek our intelligence to identify new revenue streams, customer/ vendor paradigm and pain points and due diligence on competition.

We currently cater to 300+ sectors with 150,000+ research repository across 196+ countries serving 1000+ clients and have partnered with almost 25+ content aggregators.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Increase In Product Innovations And Advanced Manufacturing Processes Is Predicted To Propel the Global MEA Pharmaceutical Packaging Market Outlook: Ken Research here

News-ID: 2435302 • Views:

More Releases from Ken Research Pvt Ltd

Increase in cybercrime results in India Digital Forensic Market to rise, with an expected CAGR of ~16% by 2028
Increase in cybercrime results in India Digital Forensic Market to rise, with an …
With the rise in digital threats and cybercrimes, India Digital Forensic Market makes successive changes like integration of Artificial Intelligence, and marking its overall growth. STORY OUTLINE Using techniques like Data Recovery, Log Analysis and more, India Digital Forensic Market enhances its Computer Forensics. Upgrades towards Network and Mobile Forensics are improving in cyber threats prevention, marking its increase in efficiency and security. With the incorporation of Cloud Based services, advanced methods and easy
Global Health Insurance market is expected to grow at a CAGR of ~6% by 2028: Ken Research
Global Health Insurance market is expected to grow at a CAGR of ~6% by 2028: Ken …
Due to recent pandemic of Covid 19 health insurance market has grabbed growth ensuring economic help to comman man for better health care facilities with easy money handling and increasing awareness especially after COVID 19. STORY OUTLINE Launch of new policies, mergers, acquisitions and partnerships to propel growth in future Covid 19 has a huge impact on the health insurance market on Global level. Factors, which are responsible for the growth, are the higher
Exploring the Investment Landscape in the UK Agricultural Equipment Market
Exploring the Investment Landscape in the UK Agricultural Equipment Market
Anticipated to achieve a CAGR of approximately 3.5% (2022-2027), the UK's agricultural equipment market expanded between 2014 and 2018, yet faced a significant downturn in 2019-2020 due to COVID-19. STORY OUTLINE The investment landscape in the UK agricultural equipment market is diverse, offering a spectrum of opportunities from established manufacturers to startups driving disruptive change. Investors can benefit from the technological prowess of leading manufacturers like John Deere, CNH Industrial, and AGCO Corporation
Unveiling the Thriving Landscape of UAE's IT Service Market
Unveiling the Thriving Landscape of UAE's IT Service Market
The IT services sector encompasses a diverse range of offerings, including but not limited to Cloud services, Cloud Applications, Datacenters, Artificial Intelligence (AI), Consulting Services, Connectivity Solutions, Security services, and other related services. STORY OUTLINE Digital Transformation Drive: UAE's IT market thrives on visionary government initiatives like "Smart Dubai" and "UAE Vision 2021," spurring sectoral evolution. Cloud's Ascendancy: Rapid cloud adoption, coupled with AI, IoT, and blockchain, reshapes industries for scalability and innovation. Security

All 5 Releases


More Releases for Increase

Increase Rank Increase Sales Increase ROI With E-Commerce SEO Services
Setting up an eCommerce business is a big task and getting traffic towards your eCommerce store is yet another huge work. But you have to work upon getting more and more traffic towards your online store only then will you get orders for your business. For this you require quintessential SEO services that can be your partner and steer you in right direction through its on page scrutiny and removing
Increase in Geriatric Population will Likely Increase the Demand for Combination …
Combination drug also referred to as fixed dose combination (FDC), is a formulation which includes two or more active pharmaceutical ingredients (APIs). The dosage is distributed in certain fixed doses. Initially, fixed dose combination products were produced for targeting single diseases for example antiretroviral combination drugs were manufactured for targeting AIDS. However, with the advancements, in research and development activities currently combination drugs are being manufactured for targeting multiple disease
Accu Holding AG: Ordinary Capital increase and further capital measures to incre …
Ordinary Capital increase and further capital measures to increase shareholder's equity by more than CHF 10 million Release of an ad hoc announcement pursuant to Art. 53 KR. The issuer is solely responsible for the content of this announcement. NOT FOR DISTRIBUTION IN THE UNITED STATES, UNITED KINGDOM OR THE EUROPEAN ECONOMIC AREA • Exercise of subscription rights within the expected range • Strengthening of the balance sheet through conversion of debt of CHF 5'379'953 into new
Pigs‘ Toys Increase Animal Wellbeing
Less Injuries in Pig Houses In cooperation with Kassel University, WEDA Dammann & Westerkamp, specialists for pig house equipment from Lutten, have developed a new kind of manipulable material for piglets and fattening pigs. By means of the rooting cones and pushing balls of bite-resistant and food-safe polyurethane, mounted to floor and brackets, the animals can act out their natural play instinct and can permanently busy themselves while standing up, sitting,
Increase in the ‘Staycation’
The new ‘buzz’ word ‘staycation’ as it is known, has become increasingly popular, with the cost of family holidays abroad on the increase, and the value of the pound weaker, families are choosing to holiday in the UK. Camping and caravanning in the UK is at the top of the list for a brilliant ‘staycation’. As the cut-backs start to take effect and everyone is feeling the pinch in their
PROPOSAL CAPITAL INCREASE
The Board of Directors of EXMAR has decided to propose to the shareholders to proceed with a capital increase of EUR 100 million. Saverex NV, the reference shareholder of EXMAR, will participate in the capital increase with an amount of EUR 50 million. Sofina SA will also participate in the transaction in accordance with its current shareholding in the company (approx. 1.3%). Sofina SA has confirmed a further support to