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pharma grade plastic packaging are light in weight, durable and cheap, and hence preferred by pharma companies. The stricter environmental legislation there has increased demand for recycled plastic bottles as influenced by improved manufacturing ad recycling techniques. The emerging market demand for pharmaceuticals and the increased research to new drug are the drivers of the pharma grade plastic packaging market.
The global demand for the pharma grade plastic packaging market is rapidly expanding due to necessary packaging for communicable and non communicable diseases. The main reason with regards to the positive trends of growth rate in the pharmaceutical plastic packaging solutions is due to the emergence of different medications and drugs across the countries. Further, the raise in chronic diseases across the global has given enough power to the pharmaceutical players to build up customised packaging solutions for export. In January 2024, Bormioli Pharma SpA officials released a new pharmaceutical packaging bottle made from 100% recycled virgin PET resin partnering with Loop Industries Inc.
By Product
By Material Type
By Application
By End-User
For any questions about this dataset or to discuss customization options, please write to us at sales@statifacts.com
Stats ID: | 6472 |
Format: | Databook |
Published: | November 2024 |
Price | US$ 1550 |
Immediate Delivery
Stats ID: | 6472 |
Format: | Databook |
Published: | November 2024 |
Price | US$ 1550 |
Immediate Delivery
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