18-Jun-2021 | Zion Market Research
Some of key players in Pharmaceutical Unit Dose Packaging Market are Pfizer Inc., Johnson & Johnson, Merck & Co. Inc., Bristol-Myers Squibb Company, AbbVie Inc., UDG Healthcare plc, Comar LLC, Berry Global, Inc., Gerresheimer AG, Amcor plc, among others.
According to analysts at Zion Market Research, the global Pharmaceutical Unit Dose Packaging market accounted for USD 4,448.7 Million in 2020 and is expected to reach USD 9,568.3 Million by 2028, growing at a CAGR of 10.6% from 2021 to 2028.
This review is based on a report by Zion Market Research, titled “Pharmaceutical Unit Dose Packaging Market By Material (Paper Pharmaceutical & Paperboard Pharmaceutical Unit Dose Packaging, Glass Pharmaceutical Unit Dose Packaging, Aluminum Pharmaceutical Unit Dose Packaging and Plastic & Polymers Pharmaceutical Unit Dose Packaging ), By Product (Prefilled Syringes Cartridges, Vials Pharmaceutical Unit Dose Packaging, Ampoules Pharmaceutical Unit Dose Packaging and Blisters Pharmaceutical Unit Dose Packaging), By End-Users (Orals, Respiratory Therapy, Wound Care, Biologics, Injectable, and Ophthalmic): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028.”
Massive Pharmaceutical Unit Dose Packaging Market to Spur Growth
The global market for pharmaceutical unit dose packaging is expanding at a rapid pace. Factors such as the increased adoption of automatic packing lines, the rise in the number of immunisation programmes, and the rising demand for safe and efficient packaging of pharmaceutical pharmaceuticals are all driving the global market forward.
Blister packing is becoming increasingly popular. For pharmaceutical items, consumer preference for blister packaging, which is unit-dose packaging, has increasingly migrated away from traditional bottles. Blister packs are used to package medications and medical devices in the healthcare industry. They are also employed in a wide range of consumer, industrial, and food-related products. There are an increasing number of regulatory regulations in the healthcare industry to ensure GMP compliance. To ensure the quality of pharmaceuticals and medical devices, regulatory authorities such as the Food and Drug Administration (US), the European Medicines Agency, and the Pharmaceuticals and Medical Devices Agency (Japan) monitor manufacturers' compliance with Current Good Manufacturing Practice (CGMP) guidelines.
Presence of Big Players in The Region Support Asia Pacific Dominance
Over the projection period, the Asia Pacific region is expected to increase at a CAGR of 10.3%. Asia Pacific is predicted to increase at the quickest rate during the projection period. China, India, Japan, and South Korea are the most important regional markets. Product demand is expected to be stimulated in the coming years by consistent economic growth paired with substantial population increase in the region. Globalization has led in the establishment of manufacturing plants all over the world, resulting in a shift in the raw materials used and the extension of supply chains. Fears of contamination from the container into the drug are pushing innovation in the pharmaceutical packaging sector.
North America dominated the world market in 2020, with a sales share of 39%. The region is defined by the presence of large pharmaceutical markets such as the United States, Canada, and Mexico.
Browse the full “Pharmaceutical Unit Dose Packaging Market By Material (Paper Pharmaceutical & Paperboard Pharmaceutical Unit Dose Packaging, Glass Pharmaceutical Unit Dose Packaging, Aluminum Pharmaceutical Unit Dose Packaging and Plastic & Polymers Pharmaceutical Unit Dose Packaging ), By Product (Prefilled Syringes Cartridges, Vials Pharmaceutical Unit Dose Packaging, Ampoules Pharmaceutical Unit Dose Packaging and Blisters Pharmaceutical Unit Dose Packaging), By End-Users (Orals, Respiratory Therapy, Wound Care, Biologics, Injectable, and Ophthalmic): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028.” Report at https://www.zionmarketresearch.com/report/pharmaceutical-unit-dose-packaging-market
The global Pharmaceutical Unit Dose Packaging market is segmented as follows:
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