Demand for Prefillable Syringes To Help World Pharmaceutical Packaging Industry Touch $34 billion By 2011
(PRWEB) August 10, 2007 -- Piribo, the online destination for business intelligence for the biotech and pharmaceutical industry, has now added a new report on the latest forecasts in the world pharmaceutical packaging industry.
"World Pharmaceutical Packaging to 2009" finds that the world demand for pharmaceutical packaging is likely to see an annual 5.9 % growth to touch the $ 34 billion mark in four years.
China will offer the strongest growth opportunities for the sector, because of its swiftly expanding pharmaceutical manufacturing capacity. The Chinese government has helped bolster the production of nationally produced medicines by initiating a government programme designed to improve their quality.
India and Brazil are tipped to be rapid growth markets as well, because these countries are developing and diversifying their drug-manufacturing sectors especially in the generic drugs segment.
Authors of the report say that prefillable syringes and prefillable inhalers will generate the most rapid growth of all pharmaceutical packaging products. Their high performance is linked to drug delivery improving significantly with their use. But improvements in design, low costs, versatility and availability will ensure that plastic bottles retain the largest share of global demand. Pharmaceutical blister packaging, child-resistant and senior friendly closures, high visibility labels, and tamper-evident and anti-counterfeit accessories are also selected as products that will see increased sales.
The study looks at historical data and forecasts up to 2011 and 2016. It analyses the pharmaceutical packaging demand for six regions and 18 countries, taking into account market environment factors. It also profiles 34 global industry competitors focusing on their marketing, manufacturing and distribution strategies.
"World Pharmaceutical Packaging to 2009" is available in pdf format from Piribo. For more information, go to: http://www.piribo.com/publications/production/world_pharmaceutical_packaging_to_2009.html
Piribo product ID: FED026
About Piribo:
Piribo (http:www.piribo.com) is a UK-based independent online store supplying business information on the pharmaceutical and biotechnology industries. The website now carries over 6,000 English language titles including, market reports, studies and books and is the UK's largest online biopharma information store. Subscribers receive a free monthly newsletter and email alerts on new titles in their areas of interest. The company was established in 2004.
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Demand for Prefillable Syringes To Help World Pharmaceutical Packaging Industry Touch $34 billion By 2011
Demand for prefillable syringes to help world pharmaceutical packaging industry touch $34 billion by 2011.
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