Thursday, November 6, 2014

11/5/14 - Global Pharmaceutical Packaging Market 2014-2018

NEW YORK, Nov. 5, 2014 /PRNewswire/ About Pharmaceutical Packaging
A pharmaceutical product is any chemical substance formulated or compounded as a single active ingredient. The packaging of medicines is a very complex process, and because of its molecular and chemical structure, it needs to be packed in an extremely durable material so that it could reach the customer in a desirable condition. The evolution of new diseases and increased health awareness have brought a transformation in the Pharmaceutical Packaging market. The vendors in the Global Pharmaceutical Packaging market are persistently introducing new packaging materials. Some of the pharmaceutical packaging products are bottles, vials, blisters, tubes, prefilled syringes, and prefilled inhalers, which are made as per the convenience of the customer and the requirement of the products. Packaging plays an important role in the overall pricing of any drug/medicine.
TechNavio's analysts forecast the Global Pharmaceutical Packaging market to grow at a CAGR of 6.76 percent over the period 2013-2018.

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