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2020 Pharmaceutical Packaging Market | Clinical Aspect, Analysis and Precise Outlook- Amcor Group, CCL Industries, Rexam PLC, Gerresheimer AG, Aptar Group, Inc., Becton Dickinson & Company, Schott AG

05-11-2020 01:46 PM CET | Associations & Organizations

Press release from: Market Insights Reports

Pharmaceutical Packaging Market Precise Outlook 2020-2023 is complete guide for the new entrants in the industry; the report provides the market history of every product ever retailed by the company. It also provides history of the product types, sales, volume, technology, during the forecast period. The growth rate challenges and barriers are also explained in the Pharmaceutical Packaging Market research report. The report shades light on the development rate of the strategies. Products and technologies used in the production, manufacturing and marketing of the report.

The global pharmaceutical packaging market was valued at USD 62.754 billion in 2017 and is projected to reach a value of USD 100.76 billion by the end of 2023, at a CAGR of 8.21% over the forecast period, 2018-2023.

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https://www.marketinsightsreports.com/reports/0220247286/global-pharmaceutical-packaging-market-segmented-by-material-plastic-glass-paper-type-of-packaging-jars-containers-tubes-caps-closures-and-geography-growth-trends-and-forecasts-2018-2023/inquiry?source=cougaraccess&Mode=21

Pharmaceutical packaging prevents complex pharmaceuticals from contamination with external toxins and microbial activities, to ensure safety, and simultaneously extend the shelf life of the products. Drug manufacturers are bound by international compliance jurisdictions enforced by regulatory authorities, which maintain that packaging is a crucial element in the process of drug delivery up until the final point of purchase. Several raw materials such as glass, plastic resins, paper and paperboard and aluminum find application in the production of pharmaceutical packaging, in the form of bottles, containers, blister packs, caps, closures, syringes, and tubes.

The prominent players in the global Pharmaceutical Packaging market are:

Amcor Group, CCL Industries, Rexam PLC, Gerresheimer AG, Aptar Group, Inc., Becton Dickinson & Company, Schott AG, West Pharmaceutical Services, Inc., Intrapac Group, Meadwestvaco Corporation, Klockner Pentaplast, Capsugel Inc., Wihuri Group, Nypro Group, 7.15 Sonoco Products Company

**Notable Updates:

JVM launches a new pharmaceutical packaging machine

11 Nov 2019 Romaco launches first recyclable strip packaging

Honeywell launches new barrier film for pharmaceutical packaging

1) Amcor Group:

3 APRIL 2020 Huhtamaki gives its tablet packaging a sustainable upgrade

April 24, 2019Amcor launches new recyclable packaging, making progress towards its 2025 pledge

11 Mar 2010 Amcor Rigid Plastics is New Name for Former Amcor PET Packaging Business

2) Gerresheimer AG:

May 14, 2019 FCE Pharma 2019: Gerresheimer to launch a new packaging solution for effervescent vitamin C tablets

December 10, 2019 Gerresheimer opens a new plant for the production of pharmaceutical primary plastic packaging in China

January 30, 2020 Gerresheimer is a specialist for primary packaging for biologics

3) Schott AG:

Nov. 6, 2019 West and SCHOTT Announce Partnership to combine the SCHOTT iQ? Platform with West's Ready Pack(TM) System

1 Dec 2019 SCHOTT Introduces New Glass Tank Facility At Gujarat Plant

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Global Pharmaceutical Packaging Market Overview:

Nanotechnology Is Expected To Have A Profound Impact On The Packaging Market

Nanotechnology has created a significant impact on the drug delivery industry, with its ability to control molecules and supramolecular structures in the process of developing medical devices with automatic functions. Conventional nanoparticles, polymeric micelles, and liposomes are called nanovehicles and are used in a wide area of medication. The advent of new drug delivery systems and the development of new biochemical compounds have resulted in a need for enhanced protection against factors such as moisture, light, oxygen, and mechanical forces, but also for packaging forms to play a more integral role in the drug delivery process.

Key Developments in the Market

July 2017- Corning Incorporated and Gerresheimer have collaborated to provide Corning Valor Glass to the pharmaceutical industry. Valor Glass provides better protection for drug products.

Related Reports!!

https://www.marketinsightsreports.com/reports/04292010807/global-pharmaceutical-blister-packaging-market-report-2020-by-key-players-types-applications-countries-market-size-forecast-to-2026-based-on-2020-covid-19-worldwide-spread?source=cougaraccess&Mode=21

Furthermore, Global Pharmaceutical Packaging Market following points are involved along with a detailed study of each point: -

- Global Pharmaceutical Packaging Market Overview, Drivers, Restraints and Opportunities, Segmentation overview

- Global Pharmaceutical Packaging Market competition by Manufacturers (2020-2023)

- Production and Consumption by Regions

- Complete profiling and analysis of Manufacturers (2020-2023)

- Manufacturing cost analysis, Materials analysis, Region-wise manufacturing expenses

- Industrial Chain, Sourcing Strategy and Downstream Buyers

- Marketing Strategy Analysis, Distributors/Traders

- Global Pharmaceutical Packaging Market Effect Factors Analysis (2020-2023)

- Global Pharmaceutical Packaging Market Forecast (2020-2023)

- Global Pharmaceutical Packaging Market Research Findings and Conclusion

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyses key emerging trends and their impact on present and future development.

All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

Contact US:

Irfan Tamboli (Head of Sales) - Market Insights Reports

Phone: + 1704 266 3234

Mob: +91-750-707-8687

sales@marketinsightsreports.com

irfan@marketinsightsreports.com

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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