Pharmaceutical Packaging Market Projected to Reach 94.93 Billion USD by 2021

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MarketsandMarkets Presents
Pharmaceutical Packaging Market Projected to
Reach 94.93 Billion USD by 2021
https//www.marketsandmarkets.com/Market-Reports/p
harmaceutical-packaging-market-890.html
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The report "Pharmaceutical Packaging Market by
Type (Plastic Bottles, Blister Packs, Vials),
Veterinary Vaccine Packaging (Livestock,
Aquaculture, Porcine), Drug Delivery (Oral,
Pulmonary, Topical), Raw Material (HDPE, LDPE),
and Region - Global Forecast to 2021", The
pharmaceutical packaging market was valued at USD
65.55 Billion in 2015 and is projected to reach
USD 94.93 Billion by 2021, at a CAGR of 6.4 from
2016 to 2021. Browse 94 market data tables and
44 figures spread through 189 pages and in-depth
TOC on "Pharmaceutical Packaging Market - Global
Forecast to 2021 Request FREE PDF Brochure
https//www.marketsandmarkets.com/pdfdownload.asp?
id890 The growth of the pharmaceutical
packaging market is driven by increasing demand
for drug delivery devices and blister packaging,
rising demand for improved healthcare services
due to growing urbanization in emerging
economies, and technological advancements taking
place in the field of pharmaceutical
packaging. Research Methodology In this
report, market sizes have been derived through
various research methodologies. In the secondary
research process, different sources have been
referred, to identify and collect information for
this study on the pharmaceutical packaging
market. These secondary sources include annual
reports, press releases, and investor
presentations of companies, white papers,
certified publications, and articles from
recognized authors. In the primary research
process, sources from both, supply and demand
sides have been interviewed to obtain qualitative
and quantitative information for this report. The
bottom-up approach has been used to estimate the
market size, in terms of value. The top-down
approach has been implemented to validate the
market size, in terms of value. With the data
triangulation procedure and validation of data
through primaries, exact values of the sizes of
the overall parent market and individual markets
have been determined and confirmed in this
study.
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harmaceutical-packaging-market-890.html
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• Scope of the Report
• The report forecasts revenue growth and provides
  an analysis of trends in each of the subsegments
  of the pharmaceutical packaging market. This
  research report categorizes the pharmaceutical
  packaging market based on the following
• Pharmaceutical Packaging Market, by Type
• Pharmaceutical Packaging Market, by Veterinary
  Vaccine Packaging
• Pharmaceutical Packaging Market, by Drug Delivery
  
• Pharmaceutical Packaging Market, by Raw Material
• Pharmaceutical Packaging Market, by Region
• Available Customizations
• The following customization options are available
  for the report
• Country Information
• Pharmaceutical packaging market analysis for
  additional countries
• Company Information
• Detailed analysis and profiles of additional
  market players (up to five)

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harmaceutical-packaging-market-890.html
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Industry Insights The pharmaceutical packaging
market is projected to reach USD 94.93 Billion by
2021, at a CAGR of 6.4 from 2016 to 2021. The
growth of the pharmaceutical packaging market is
driven by increasing demand for drug delivery
devices and blister packaging, rising demand for
improved healthcare services due to growing
urbanization in emerging economies, and
technological advancements taking place in the
field of pharmaceutical packaging. The plastic
bottles type segment accounted for the largest
share of the pharmaceutical packaging market in
2015. The growth of this segment can be
attributed to ease of production of plastic
bottles, wide acceptance of plastic bottles in
the pharmaceutical industry, and protection
provided by them to medicines from harsh
environments, such as snow and moisture, among
others. The pre-fillable syringes segment of the
pharmaceutical packaging market is projected to
grow at the highest CAGR during the forecast
period, 2016 to 2021. Pre-fillable syringes are
most widely used as they offer efficient and
effective delivery of drugs.  Moreover, increase
in the number of people suffering from diseases
such as diabetes is also a major driving factor
for the growth of the pharmaceutical packaging
market. Request FREE Sample Pages
https//www.marketsandmarkets.com/requestsample.as
p?id890 Based on drug delivery, the oral
segment is projected to lead the pharmaceutical
packaging market during the forecast period. Oral
drug delivery mode is widely used to administer
drugs through mouth, which proves to be an easy
and efficient method of drug administration. The
injectables segment of the pharmaceutical
packaging market is projected to grow at the
highest CAGR during the forecast period. Growing
demand for pharmaceutical packaging from emerging
economies, innovations in the field of
pharmaceutical packaging such as development of
nanotechnology, child resistant packaging, radio
frequency identification, and others, and
increasing use of plastic bottles and blister
packaging for pharmaceuticals, owing to their
ease of use are the major drivers for the growth
of the pharmaceutical packaging market, globally.
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harmaceutical-packaging-market-890.html
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Industry Leaders   The key players, such as
Amcor Ltd. (Australia), Schott AG (Germany),
AptarGroup, Inc. (U.S.), Gerresheimer AG
(Germany), Becton, Dickinson and Company (U.S.),
and Capsugel Inc. (U.S.) operating in the
pharmaceutical packaging market have adopted
both, organic as well as inorganic growth
strategies between 2012 and 2016 to strengthen
their position in the market. New product
launches, investments, and expansions have been
the major organic growth strategies adopted by
the market players to enhance their regional
presence and meet the growing demand for
pharmaceutical packaging in the emerging
economies. For more Info Visit Blog
https//tinyurl.com/Pharmaceutical-Packaging Geog
raphical Scenario   The North American region
accounted for the largest share of the
pharmaceutical packaging market in 2015 and is
expected to continue leading the pharmaceutical
packaging market during the forecast period as
well. The Asia-Pacific pharmaceutical packaging
market is projected to grow at the highest CAGR
during the forecast period, owing to increasing
demand for improved healthcare services in the
Asia-Pacific region. Development of new ways to
prevent counterfeits of original drugs and
financial constraints in underdeveloped regions
are posing a challenge for the growth of the
pharmaceutical packaging market.

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