Press release
Pharmaceutical Contract Packaging Market to Grow at a CAGR of 14.51% with High Demand for Pharmaceutical Contract Packaging in Emerging Economies
Pharmaceutical contract packagers handle pharmaceutical based packaging. They offer flexibility to manufacturers in handling complex packaging services. Contract packagers are involved in the packaging of products and are aware of the latest technology and innovative products available in the packaging market, which they use for packaging applications.Publisher's analysts forecast the global pharmaceutical contract packaging market to grow at a CAGR of 14.51% during the period 2017-2021.
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The reduction in operational costs will drive the growth prospects for the global pharmaceutical contract packaging market until the end of 2021. The market is witnessing a huge shift towards contract packaging by manufacturing industries because packaging machines are expensive and the operational and maintenance costs are also high. In addition, outsourcing the packaging process involves various benefits such as reduced operational costs related to warehouse, labor, technology, and transportation costs. Moreover, pharmaceutical companies highly prefer outsourcing
Key vendors
- GENCO
- Sharp Packaging Services
- Summit Container
- Unicep Packaging
Other prominent vendors
- Berlin Packaging
- CCL Industries
- Co-Pak Packaging
- Gardan
- Green Packaging Asia
- Jones Packaging
- Multipack
- Pharma Tech Industries
- PCI Pharma Services
- Reelvision Print
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Pharmaceutical Contract Packaging Market driver
- Growing implementation of innovative packaging.
Pharmaceutical Contract Packaging Market challenge
- Restricted information sharing with contract packagers.
Pharmaceutical Contract Packaging Market trend
- High demand for pharmaceutical contract packaging in emerging economies.
Fundamentals of Table of Content:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Global construction market
PART 06: Market drivers
PART 07: Market trends
PART 08: Global AEC market
PART 09: Market segmentation by product
PART 10: Geographical segmentation
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Five forces model
PART 14: Key vendor analysis
PART 15: Key vendor profiles
Complete Report is Available @ http://www.reportsweb.com/global-pharmaceutical-contract-packaging-market-2017-2021
Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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