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Pharmaceutical Contract Packaging Market Report


Company Analysis, History and Future Overview, Global Sales Trends by 2025


Published Date: 2020-01-17   |   Pages: Ongoing   |   Tables: Ongoing   |  Report ID: 8282 |  Industry: Packaging  |   Format : pdf word ppt excel



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The pharmaceutical industry demands effective packaging solutions in order to handle the products with accuracy, confidentiality, and safety. In order to meet these requirements, pharmaceutical manufacturers are increasingly opting for Pharmaceutical Contract Packaging, wherein they outsource medicine packaging to specialised contractors instead of making huge investments in the packaging of their products. Resource management, quality control, cost saving, and scaled production are some of the key advantages associated with Pharmaceutical Contract Packaging.

Growing Preference for Outsourcing among Pharmaceutical Manufacturers to Act as a key Booster

Surge in the preference among pharmaceutical manufacturers, especially drug manufacturing companies, for outsourcing packaging activities to third-party vendors is creating robust demand for contract packaging. Increased need to save their expenses and time is increasing the adoption of contract packaging services among the market players in the pharmaceutical industry. Growing elderly age population and strict government regulations on packaging are also propelling the growth of the Pharmaceutical Contract Packaging market.

Manufacturers to Involve in Research and Development Activities in Future

Some of the key manufacturers operating in the Pharmaceutical Contract Packaging market are Baxter BioPharma Solutions, Famar S.A., Nipro Corporation, Pfizer CentreSource, AbbVie Contract Manufacturing, Recipharm AB, Patheon, Jubilant Life Sciences Limited, Boehringer Ingelheim International GmbH, Daito Pharmaceutical, Catalent Pharma Solutions, and Aenova Group.

Manufacturers are anticipated to take up extensive research and development to develop creative and customized packaging solutions so as to meet customer expectations and offer better contract packaging services. Moreover, they are also focusing on improving services pertaining to product and price differentiation, identification, and branding.

Pharmaceutical_Contract_Packaging.jpg

Market Segmentation

By Type

 Flexible Packaging

 Plastic Containers

Glass Containers

 Caps/Closures

By Category

Sterile 

Non-Sterile 

By Product Format

Pharmaceutical

Biologics

 Active Pharma Ingredients

Tablet & Capsule

 Oral Liquid

As per the market analysts, demand for flexible packaging will witness a rise among the pharmaceutical manufacturers as they have the ability to lower the overall weight. Also, this packaging type preserves health and hygiene value of the medicines and related devices. The report also studies the Pharmaceutical Contract Packaging market on the basis of product format and category and their contribution to the overall market size.

By Region

world_regions

As per the analysts, strong presence of market players makes North America a key region in the Pharmaceutical Contract Packaging market. Huge investment in the drug development by the region is giving rise to packaging trends, thereby increasing the demand for Pharmaceutical Contract Packaging. Asia Pacific seems promising for the manufacturers of Pharmaceutical Contract Packaging as the pharmaceutical industry is booming in countries such as India and China.

Packaging is an indispensable part of every industry. It ensures protection of the product and even extends shelf life of the packaged items. Through the years, the packaging industry has undergone massive changes. From development of better, sturdier materials to changing outlooks toward designing environment-friendly materials, the packaging industry has witnessed some noteworthy changes.

The research reports on the packaging industry discuss the evolution of materials and the impact of changing consumer needs. Packaging solutions have constantly adopted newer technologies for providing consumers with safer perishables and keeping the products intact until delivered. Analysts have taken a granular view at the booming e-commerce sector and its influence on the packaging industry. We aim to provide the readers an in-depth and a comprehensive analysis of the packaging industry. Intricacies pertaining to food safety, environmental norms, and research and development of materials have been studied by analysts with a focused approach.

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Why QYR Consulting?


We are committed to delivering the best solutions and we offer a 24*7 helpline.


We promise superior quality of authenticated data.


We offer help and advice across varying time zones.


We boast a strong team of experienced analysts.


We have an exhaustive repository of published reports.


Read More

Contact us Directly

USA
 +1 626 428 8800

India
  +91 20 67104444

Beijing
  +86 108 294 5717

For Enquiry : sales@qyrconsulting.com

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Why QYR Consulting?


We are committed to delivering the best solutions and we offer a 24*7 helpline.


We promise superior quality of authenticated data.


We offer help and advice across varying time zones.


We boast a strong team of experienced analysts.


We have an exhaustive repository of published reports.


Read More

Contact us Directly

USA
 +1 626 428 8800

India
  +91 20 67104444

Beijing
  +86 108 294 5717

For Enquiry : sales@qyrconsulting.com

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NOTE - The analysis, thoughts, views, facts, and opinions expressed in this report are of the respective research analysts. QYR Consulting does not necessarily endorse it or it is also not essentially formal views of QYR Consulting.



Pharmaceutical Contract Packaging Market Report