North america pharmaceutical packaging market

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Forecasts The North America pharmaceutical packaging market is expected to reach to $24,698.4 million in 2018

ď ą The North America pharmaceutical packaging market was valued at $19,373.7 million in 2012, and is expected to reach to $24,698.4 million in 2018 at a CAGR of 4.1%. ď ą Pharmaceutical packaging is used to maintain overall safety of pharmaceutical preparations, keeping them free from contamination, hindering microbial growth, and ensuring product safety through the intended shelf life for the pharmaceuticals. Packaging of pharmaceutical products differs significantly from food packaging. It is a broad, multi-faceted, and challenging task as it requires the application of a large amount of scientific and engineering expertise. Pharmaceutical packaging is of three types: primary, secondary, and tertiary. These are further classified by packaging type, by material type, and by drug delivery type.

Browse through the market data tables, figures and detailed ToC on the “North America pharmaceutical packaging market �.

http:// www.micromarketmonitor.com/market/north-america-pharmaceutic

http:// www.micromarketmonitor.com/market/north-america-pharmaceutical-packaging-6251

• Currently, rigid plastic for pharmaceutical packaging is gaining popularity in North America. This trend is expected to continue with plastics being the major driver in the materials for pharmaceutical packaging, preferred against PET (polyethylene terephthalate) and PE (polyethylene). Rapidly evolving pharmaceutical therapies, pharmaceutical drug innovations that require specialized packaging, and the growing demand for smart packaging from pharmaceutical industries are driving the growth of the pharmaceutical packaging market in North America. http://www.micromarketmonitor.com/market/north-america-pharmaceutical-packaging-6251241503.html

• Moreover, the recovery of the global economy and successful developments

in

the

field

of

manufacturing

of

pharmaceuticals—especially in advanced drug delivery systems—is

aiding

the

growth

of

North

American

pharmaceutical packaging market.

• Top market players in the region are investing in technical innovations in various applications of the pharmaceutical packaging industry. http://www.micromarketmonitor.com/market/north-america-pharmaceutical-packaging-6251241503.html

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