Abstract
Global demand to rise 5.9% per annum through 2011
World pharmaceutical packaging demand is forecast to rise 5.9 percent annually
to over $34 billion in 2011. Western Europe, the US and Japan will absorb
nearly three-fourths of this amount due to the presence of the most advanced
drugproducing sectors. However, China will offer the strongest growth
opportunities based on rapidly expanding pharmaceutical manufacturing
capabilities and the phasing-in of an extensive government program designed to
upgrade the quality and integrity of nationally produced medicines. Among
other key developing economies, India and Brazil will become rapid growth
markets as drug-producing sectors are upgraded and diversified, especially in
generic ethical drugs.
The US will remain the largest consumer of pharmaceutical packaging as new
sophisticated therapies with specialized packaging needs are introduced.
Growth in West European demand will reflect upgraded government standards
requiring unit dose, high barrier and anti-counterfeit packaging for many
types of medication. An easing of government-imposed drug price controls,
along with greater export market penetration, will impact favorably on sales
of pharmaceutical packaging in Japan, as demand rebounds from recent depressed
market conditions.
Study coverage
The study also considers market environment factors and evaluates market
shares. In addition, company profiles are provided for 34 global industry
competitors along with an examination of their marketing, manufacturing and
distribution strategies.
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