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U.S. pharma packaging market to grow 5.5% annually through 2014

Demand for pharmaceutical packaging in the U.S. (including Puerto Rico) will increase 5.5% annually to $18.4 billion in 2014, according to a Freedonia Group Inc. report on pharmaceutical packaging prospects.

Recently upgraded regulations and standards that address issues such as barrier protection, infection control, patient drug compliance, drug-dispensing errors, and drug diversion and counterfeiting will underlie the growth, Freedonia said.

An increased focus on these issues will boost demand for high-value-added containers and accessories, including enhanced barrier plastic bottles, calendar and wallet blister packaging, prefillable syringes and inhalers, track-and-trace and authentication labels, and unit-dose pouches.

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