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Global Rigid Packaging In-depth analysis and Growth of Market for the Pharmaceutical Sector 2018-2022

Press Release - 05 Feb 2018

Global Research and Development News --
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Report Description-
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About Rigid Packaging
Rigid plastics are used in the manufacture of plastic bottles, caps, and closures and are expected to witness extensive use during the forecast period. Rigid plastic packaging will mainly be used for oral medications and over the counter (OTC) medications such as tablets, which are usually distributed in bulks in pharmacies. Plastic bottles have the advantage of protecting the composition of the products enclosed, even if the packaging is exposed to changing conditions of environment. These bottles are usually made from rigid plastic high-density polyurethane (HDPE) polymers, and can be customized to suit different specifications.
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Technavios analysts forecast the global rigid packaging market for pharmaceutical sector to grow at a CAGR of 7.32% during the period 2018-2022.

Covered in this report
The report covers the present scenario and the growth prospects of the global rigid packaging market for pharmaceutical sector for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of rigid packaging.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Rigid Packaging Market for Pharmaceutical sector 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Amcor
Bemis Company
Berry Global
Garresheimer
WestRock
Other prominent vendors
Corning
Shandong Pharmaceutical Glass
Market driver
Increasing demand for disposable medical products
For a full, detailed list, view our report

Market trend
The rising inclination towards blister packaging
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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