Posts

Showing posts with the label Pharmaceutical Packaging Market 2028

Pharmaceutical Packaging Market Outlook On The Basis Of Material, Product, End Use, Region And Forecast From 2021 to 2028

Image
  San Francisco, 29 July 2021:   The Report  Pharmaceutical Packaging Market  Size, Share & Trends Analysis Report By Material (Glass, Plastics & Polymers), By Product (Primary, Secondary), By End Use, By Region, And Segment Forecasts, 2021 - 2028 The global pharmaceutical packaging market size is expected to reach USD 219.2 billion by 2028, according to a new report by Grand View Research, Inc., expanding at a CAGR of 9.4% over the forecast period. The increasing prevalence of chronic diseases coupled with the growth of the pharmaceutical industry is anticipated to augment the consumption of pharmaceutical packaging products. Ban on counterfeit products in North America and Europe is expected to be a major driver for the market as major companies are likely to invest heavily in anti-counterfeit packaging products. Blow-Fill-Seal (BFS) technology allows customized design for high-quality containers with tamper-evident closures in multiple shapes and sizes. Therefore, the growin