Pharmaceutical Packaging Market to See 6.76% Cagr Globally by 2018, Says a Research Report Available at Reports and Intelligence

Reports and Intelligence adds a report titled “Global Pharmaceutical Packaging Market 2014-2018.” The report states that the global pharmaceutical packaging market is expected to register a CAGR of 6.76% during the forecast period i.e. 2013-2018.

Pharmaceutical product refers to a chemical substance compounded or formulated for the purpose of medical uses. The packaging process for pharmaceutical products is complex and needs utmost accuracy and safety. The chemical and molecular structure of the product demands an extremely durable packaging material. Pharmaceutical packaging products include bottles, blisters, vials, tubes, prefilled inhalers and prefilled syringes.

Get access to detailed report at: http://www.reportsandintelligence.com/global-pharmaceutical-packaging-2014-2018-reports-market

The emergence of new diseases and increasing health awareness among the population has transformed the overall pharmaceutical packaging market. Also, packaging plays a vital role in the overall production process and also influences the price of the medicine or drug.

The rapid growth of pharmaceutical industry due to growing health awareness is the major factor driving the growth of the overall pharmaceutical packaging market. The increased outsourcing of pharmaceutical packaging is another factor propelling the global market growth. However, sustainability concerns surrounding plastic packaging is a major challenge for the global market.

The report covers a wide range of geographical regions and provides holistic information on the competitive landscape and growth prospects of the pharmaceutical packaging market across various geographical regions such as APAC, Europe, America and rest of the world (RoW).

Companies profiled in the report are CWS Packaging, Owens-Illinois, Winpak, Wihuri Group, Vitro, Steripack, Schott, RPC Group, Nypro, NNE, Intrapac Group, EUROMEDEX, CCL Industries, Cardinal Health, Capsugel, Aptargroup, Rexam, MeadWestvaco, Gerresheimer,...