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Region's target for the increasing demand for medicines is anticipated to boost the Pharmaceutical Packaging Market growth to 11.90% CAGR in South America during 2018-2024.

 



(PharmaNewsWire.Com, February 19, 2018 ) Packaging prevents the deterioration of the quality of the products, protecting them against harmful toxins and rays and thus increases their life span. Pharmaceutical packaging involves all the operations from the production to the end user through distribution channels.

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The economy of South America is anticipated to grow during the forecast period. The steady growth in this region for some years and economic policies has improved the lives of millions and this huge growth has increased the demand for medicines. Brazil and Argentina are the major driving forces in this region. Getting a lot of investment and support from the countries like USA economic situation will improve and create more economic hubs across the region.

Key players in the South America Pharmaceutical Packaging Market include:

• Amcor Ltd. (Australia)
• AptarGroup, Inc (U.S)
• CCL Industries Inc. (Canada)
• Schott AG (Germany)
• Rexam PLC (U.K)

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Related Reports:
Asia-pacific Personal Care Packaging Market: https://www.envisioninteligence.com/industry-report/asia-pacific-personal-care-packaging-market/

Europe Pharmaceutical Packaging Market: https://www.envisioninteligence.com/industry-report/europe-pharmaceutical-packaging-market/

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