World Pharmaceutical Packaging Demand

Published: August 12, 2007, By pffc-online.com

PRESS RELEASE

CLEVELAND, OH—World pharmaceutical packaging demand is expected to increase 5.9% annually to over $34 billion in 2011, according to a study conducted by The Freedonia Group. The developed countries of Western Europe, the United States, and Japan will account for about three-fourths of this amount, but China will have the strongest growth opportunities because of its expanding pharmaceutical manufacturing capabilities and the phasing-in of an extensive government program to upgrade the quality and integrity of nationally produced medicines. Bottles, inhalers, and prefillable syringes primarily will experience this growth along with closures—particularly those that are child-resistant, senior-friendly and dispensible—but high visibility labels and tamer-evident and anti-counterfeit accessories will be fast growing as well. For more information or to order a copy of this study, visit freedoniagroup.com.