Global market for pharmaceutical packaging machinery

27 February 2017

According to a new report by Stratistics MRC the global pharmaceutical packaging machinery market is accounted for $4.56 billion in 2015 and is expected to reach $8.71 billion by 2022 growing at a CAGR of 9.7%. The North America market accounted for the largest share and Asia Pacific is estimated to be the fastest growing market.
Rapid growth of pharmaceutical industry, growing demand for drug delivery devices & blister packaging and nanotechnology contribute to the market growth.
Challenges in emerging markets, increasing overall packaging costs, strict global health rules and environmental & political norms are some factors hampering the market growth.
Click here for more information about the report.
Click here for more information about the NVC project Pharmaceutical Packaging Innovation.
Click here for more information about the NVC E-Course Pharmaceutical Packaging.

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