Press release
Single Dose Packaging Market - Global Industry Size, Share, Growth, Trends and Forecast Analysis For 2016 - 2024
The growth in the single dose packaging market is primarily driven by the pharmaceutical industry. The stringent regulations in pharmaceutical industry related to product safety is expected to fuel the growth in demand for the single dose packaging market. Other factors such as rising number of working singles, increasing popularity of nuclear family concept also drives the growth in the personal care and food packaging, which further elevates the growth in the single dose packaging market. Meanwhile, the contradictory requirements like hard packaging to meet the child resistant standards and also easy to open feature can restrain the growth in the single dose packaging market.
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Single dose packaging Market Segmentation:
On the basis of application, the global Single dose packaging is segmented into:
Pharmaceutical
Cosmetics and Personal care
Chemical
Food and Beverages
Industrial
On the basis of product type, the Single dose packaging is segmented into:
Blister Packs
Small Bottles
Tubes
Pods
Vials
Ampoules
Pouches
On the basis of product form, the Single dose packaging is segmented into:
Solid
Liquid
Powder
Gel
Single dose packaging Market- Regional Outlook:
Geographically, the single dose packaging market can be segmented into North America, Latin America, Europe, Asia-Pacific (APAC) and Middle East & Africa (MEA). The global single dose packaging market is projected to grow at a healthy during the forecast period (2016 -2024). North America is expected to witness a strong growth in demand for single dose packaging market. Past initiatives like FDA mandate for single dose packaging in clinical trials in the U.S. due to compliance and regulations related to patient safety triggered the growth in the single dose packaging market in the U.S. Further, Asia Pacific is expected to experience the highest growth rates during the forecast period, primarily because of developing economies like India and China. The pharmaceutical, healthcare, personal care industries in these developing economies are witnessing huge growth rates because of rising young population, increasing disposable incomes, urbanization factors, which is expected to translate into healthy CAGR for single dose packaging market. Europe is expected to witness an above global average growth rates in the single dose packaging market due to rising demand in pharmaceutical industry and huge customer base for retail packaging industry.
Single dose packaging Market- Key Players:
Some of the leading players identified across the globe in the single dose packaging market are: Medi Dse, Inc., VALMATIC S.r.l., Unit Pack Co., Inc., Unither Pharmaceuticals, Mylan N.V., Ultra Seal Corporation, Unit Dose Solutions Inc., McKesson Corporation, Pacific Packaging Components Inc., Omnicell, Inc., and LF of America Corp.
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