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Pharmaceutical packaging growth forecast in emerging economies

Low wages, a skilled workforce, and improving technologies make India and China appealing destinations for pharmaceutical packaging operations.

GBI Research’s report “The Future of the Pharmaceutical Packaging Industry—Emerging Economies Poised to Capitalize on Increasing Demand” sees strong growth in pharmaceutical packaging “in the emerging economies of India and China, primarily on account of increasing generics and contract manufacturing activities in those countries.”

The report forecasts that the global pharmaceutical packaging market will reach a value of $68 billion by 2015, up from $42 billion in 2008. The report is available in three formats, for three different costs. Notable takeaways from the report include the following:

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