Press release
Global Pharmaceutical Packaging Market is growing at a fair pace and is estimated to reach $93.90 billion with a CAGR of 8.40% during 2018-2024
Pharmaceutical packaging or drug packaging is the process of the packaging of the pharmaceutical preparations. Various raw materials such as glass, paper and paperboard, plastic resins, aluminium and other metals are used in the production of pharmaceutical packaging.
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The global pharmaceutical packaging market is experiencing an exponential growth. This is due to the changing lifestyle, more and more people are being diagnosed with various diseases, increased spending on the healthcare by the government of different countries globally. These are the major key factors that led the pharmaceutical has become a multi- billion dollar firm and also rise in self-medication, increasing cost pressures on pharmaceutical manufacturers is forcing them to pass on this cost on to the packaging companies are the factors that are driving the growth of the market.
Key players in the market include:
• Amcor Ltd. (Australia)
• AptarGroup, Inc (U.S)
• CCL Industries Inc. (Canada)
• Schott AG (Germany)
• Rexam PLC (U.K)
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This report contains the in-depth analysis on the market and the estimations are done using volume and value data are further validated on three approaches including bottom-up, top-down and from top companies revenues to conclude the market estimations precisely and accurately considering all the parameters and market dynamics.
Key pointers in the report include:
•Competitive landscape & market analysis is included in the report to understand the key companies’ position and Porter's Analysis, PESTLE analysis, SWOT Analysis& Y-O-Y analysis are performed to comprehend the market dynamics and key companies’ position during the next five years.
•A team of analysts has analyzed and listed out the key drivers, constraints, challenges and emerging opportunities in all the industry verticals, which will specify the emerging scope of the market in end-user industries.
•Industry value chain analysis is provided in the report to identify the key stakeholders and prominent players at each stage of the company along with the value addition at each stage of the value chain.
•Complete analysis including global and regional trends, technological developments, and new product innovations are included in the report specific to each segment of the market.
•A complete 360-degree analysis including product portfolio, business portfolio, developmental strategies, and key developments from the companies in the historical period for the key players operating in the market is included in the report.
•Advanced customizations on countries, specific applications in end-user industries, product based customizations will be provided based on the request. All the collected data is further validated and verified using surveys, interviews, and interactions with industrial experts.
Related Reports:
Cosmetic & Perfumery Glass Bottle Packaging Market: https://www.envisioninteligence.com/industry-report/cosmetic-perfumery-glass-bottle-packaging-market/
Personal Care Packaging Market: https://www.envisioninteligence.com/industry-report/personal-care-packaging-market/
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