Introduction: Pharmaceutical Plastic Packaging industry has been becoming quickly attributable to growing population, rising number of individuals with innovative progression pharmaceutical plastic packaging. Packaging is nothing but the science, art and technology of enclosing or protecting products for distribution, storage, sales and use.
The major materials used in the manufacturing of pharmaceutical packaging are plastics & polymers, paper & paperboard, glass and aluminum foil. The preferred materials are polymers as they are easy to handle and also lightweight in nature. Due to this reason the demand for these materials are rising in the market. These are majorly used for bags, bottles, cartridges, dry powder, metered dose inhalers, nebulizers and pre filled syringes. Due to manufacture of these materials the demand for the glass pharmaceutical packaging is expected to decrease during the forecast period owing to the handling problems and high cost of glass production.
Key players in the market include: • Gerresheimer AG • AptarGroup, Inc. • Amcor Ltd • Ampac Holdings • Berry Global
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Key pointers in the report include: • Competitive landscape & market analysis is included in the report to understand the key companies’ position and Porter's Analysis, PESTLE analysis, SWOT Analysis& Y-O-Y analysisare performed to comprehend the market dynamics and key companies’ position during the next five years. • Team of analysts have analyzed and listed out the key drivers, constraints, challenges and emerging opportunities in all the industry verticals, which will specify the emerging scope for the market in end user industries. • Industry value chain analysis is provided in the report to identify the key stakeholders and prominent players at each stage of the company along with the value addition at each stage of the value chain. • Complete analysis including global and regional trends, technological developments, and new product innovations are included in the report specific to each segment of the market. • A complete 360 degree analysis including product portfolio, business portfolio, developmental strategies, key developments from the companies in the historical period for the key players operating in the market is included in the report. • Advanced customizations on countries, specific applications in end user industries, product based customizations will be provided based on the request. All the collected data is further validated and verified using surveys, interviews and interactions with industrial experts.
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