Pharma packaging demand to rise: report

Demand for pharmaceutical packaging—a strong area of growth and opportunity for contract packaging—will increase in the U.S. and Puerto Rico by 5.5% annually to $16 billion in 2012.

Pw 6043 Fredonia Chart Copy

So says a new report available from Freedonia Market Research (www.freedoniagroup.com). Regulations and standards that address issues such as barrier protection, infection control, patient drug compliance, drug-dispensing errors, and drug counterfeiting will drive the gains, the report finds. An increased focus on these issues will result in strong growth for high, value-added container accessories, especially parenteral vials and flip-top closures, plastic dispensing bottles and closures, prefillable inhalers, prefillable syringes, and related closures, rubber, and elastomeric parenteral stoppers, track-and-trace and authentication labels, and unit-dose pouches.

Other findings presented in the report include the following:

• Demand for primary pharmaceutical containers will increase 5.2% annually to $9.6 billion in 2012, especially for syringes and vials.

• Plastic bottles will remain the most widely used package for oral drugs distributed in bulk and prescription- dose volumes to retail and mail-order pharmacies.

• The market for pharmaceutical pouches will expand rapidly, spurred by increasing applications in the unit-dose packaging of transdermal patches, powders for reconstitution, and topical creams and ointments.

Videos from Universal Labeling Systems, Inc.
Is your packaging line built for connected packaging?
RFID, QR codes, and 2D barcodes are reshaping CPG operations. See how leading brands are adapting.
Read More
Is your packaging line built for connected packaging?
Need help with your packaging project?
We’ve done the legwork to identify and vet experienced packaging and processing consultants you can contact directly for your next project. Decades of combined experience in packaging line engineering, machinery selection, package and materials development, and food processing operations.
See your advisor options now.
Need help with your packaging project?