According to the research reports, ‘Asia Pacific Pharmaceutical Packaging Market 2020-2027 by Packaging Category (Primary, Secondary, Tertiary), Product, Raw Material, Pharmaceutical Dosage Form, Drug Delivery Mode, End User, and Country: Trend Outlook and Growth Opportunity’ states that the Becton, Dickinson and Company, AptarGroup, Inc., Berry Europe Group, Inc., Catalent, Inc., Gerresheimer AG, Amcor PLC, O-I Glass, Inc. (Owens Illinois, Inc.), Schott AG, West Pharmaceutical Services, Inc., WestRock Company, and many more are some of the major players which are currently operating in the Pharmaceutical Packaging market in the Asia Pacific region by offering various products and services in the market to the other various companies. The report covers the company profile of the above mentioned players on the various parameters such as company overview, key business strategy, key product offerings, financial performance, key performance indicators, risk analysis, recent developments, regional presence, SWOT analysis and many more. Moreover, the report also covers an in-depth coverage on the covid-19 impact on the pharmaceutical packaging market in the Asia Pacific region specifically.
The Asia Pacific Pharmaceutical packaging market is further segmented by Packaging Category (Primary Packaging, Secondary Packaging, and Tertiary Packaging), by Raw Material (Plastic & Polymers, Paer & Paperboards, Glass, Metals, and other Materials), by Product Type (Plastic Bottles, Blister Packs, Pre- Filled Syringes, Closures & Caps, Secondary Containers, Labels, Packaging Accessories, Other Products), by Pharmaceutical Dosage (Liquid Dosage, Solid Dosage, Semi – Solid and Pressurized Products, and Other Pharmaceutical Dosage forms), by Drug Delivery Mode (Oral Drug Delivery, Injectables, IV Drugs Delivery, Topical Drug Delivery, Transdermal Drug Delivery, Pulmonary Drug Delivery, Nasal Drug Delivery, Ocular Drug Delivery, Other Drugs Delivery Modes) and by End – Users (Pharmaceutical Manufacturers, Contract Packaging Companies, Retail Pharmacies, and Other End Users). Moreover, the market is being also segmented on the basis of regions such as by Japan, China, South Korea, Australia, India and other parts of APAC region namely Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines). The report covers market dynamics of Asia Pacific pharmaceutical packaging market at the country level along with the market size on the basis of value and supply and demand.
Furthermore, it has been also observed that the counterfeit drugs which are being generally made up with the unsuitable constituents in wrong measures can create several harmful impacts like adverse allergic reactions or can also result into death of a person when consumed in higher quantity. It has been observed and recorded that about almost 50% of the fake drugs are mostly recounted in emerging economies like China, India, Vietnam, Philippines and many more. Therefore, postponement in sanction of new medicines and their wrapping owing to the elongated product manufacturing series and prices are subsequent in the augmented obtainability of fake drugs and fake packaging which is one of the most prominent challenges of this particular industry.
In the near future it is projected that the market will upsurge at a single digit CAGR during the period 2020-2027, due to intensifying coverage for the healthcare, growing aging population in the region, and due to rapid surge in the non-communicable disease.
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Global Pharmaceutical Packaging Market 2020-2027 by Packaging Category (Primary, Secondary, Tertiary), Product, Raw Material, Pharmaceutical Dosage Form, Drug Delivery Mode, End User, and Region: Trend Outlook and Growth Opportunity
Ankur Gupta, Head Marketing & Communications