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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.

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