(Australia-NewsWire.Com, March 23, 2018 ) The report "Asia Pacific Pharmaceutical Packaging Market”: By Application (Food and Beverage, Medical Equipment, Space crafts and space missions and Pharmaceutical and biological); By Material (Paper & Paperboard, Plastics & Polymers, Aluminium foil, Glass and Others); By Type (Blister packs, Plastic bottles, Labels & Accessories and Others); By Drug delivery mode (Oral drug packaging, Transdermal drug packaging, Pulmonary drug packaging and Others); By Veterinary Vaccines (Livestock vaccines packaging, Porcine vaccines packaging, Canine vaccines packaging and Others); & By Geography – Trends & Forecast (2018-2024).
Envision Inteligence estimates that Asia Pacific Pharmaceutical Packaging Market is projected to reach $25.50 Billion by the end of 2024 with a CAGR of 13.15% from $12.20 Billion in 2017.
Pharmaceutical Packaging has an important role in the protection of the drugs and medicine from all the external factors. Pharmaceutical packaging provides protection, presentation, identification, information, and convenience for pharmaceutical products from its production till its use or administration.
Asia Pacific pharmaceutical packaging market is estimated to grow from $ 12.20 billion in 2017 to $25.50 by the end of 2024 with a CAGR close to 13.15%. The growth of this market is due to the growing demand for drug delivery devices and blister packaging market. In Asia Pacific, China and Japan holds the largest share in the market due to the high population coupled with the steady economic growth. The Chinese pharmaceutical market is growing at more than 15% owing to the rising healthcare awareness and needs fueled by the economic growth, increasing total and per capita health spending and rise in aging population.
Key players in the market include: • Amcor Ltd. (Australia) • AptarGroup, Inc (U.S) • CCL Industries Inc. (Canada) • Schott AG (Germany) • Rexam PLC (U.K)
Reasons to buy this report: This report contains the in-depth analysis on the market and the estimations are done using volume and value data are further validated on three approaches including bottom-up, top-down and from top companies revenues to conclude the market estimations precisely and accurately considering all the parameters and market dynamics.
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 analysis are performed to comprehend the market dynamics and key companies’ position during the next five years. •A team of analysts has analyzed and listed out the key drivers, constraints, challenges and emerging opportunities in all the industry verticals, which will specify the emerging scope of 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, and 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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