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.
Technavio’s 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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By Asia Market Information & Development Company
• Jan 2021
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Gross Domestic Product
Animal Feed Production
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