This report inspects the parenteral packaging market for the period 2016–2026. The prime objective of this report is to offer insights into developments in the Parenteral Packaging market that are gradually helping transform global businesses associated with the same.
The global parenteral packaging market report begins by the executive summary and defining various categories and their usage in parenteral packaging. It is followed by market dynamics overview of the global parenteral packaging market, which includes FMI analysis of market trends, drivers, restraints and opportunities that are affecting growth of the parenteral packaging market. It also covers a section summary with rationale for demand of pharmaceuticals packaging with value propositions in segment outlook. Furthermore, to understand the popularity of the market segment and regions, the attractiveness index with elaborated insights on the same is provided, which will show the market’s attractiveness based on the factors such as CAGR and incremental opportunity.
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The prime factors powering the demand for parenteral packaging are expansion of global pharmaceuticals industry, ageing population, shifting trend towards plastic & polymer from glass and increasing prevalence of chronic non-communicable diseases. Increase in economic standards and disposable income of individuals across the globe are positively favouring growth of the parenteral packaging market. Factors such as increasing demand for complementary and alternative medicines and high risk of glass breakage could slow down the demand for parenteral packaging in the near future.
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Prefilled syringes and multi-compartment bags are recent advancements in the product type segment of parenteral packaging. Among all the product type segments, prefilled segment is expected to grow with the highest CAGR followed by ready-to-mix segment. Based on product type, the market is categorised into bags, ampoules, vials, prefilled syringes and ready-to-mix systems.
The market has also been segmented based on types of material used in packaging of parenteral products, such as glass and plastic & polymer. The plastic & polymer segment is further classified into PVC and polyolefin. According to the analyses, the plastic & polymer segment is expected to exhibit a comprehensive and rapid growth, and acquire high attractiveness in the parenteral packaging market over the forecast period. Under plastic & polymer segment, the synthetic polyolefin plastic & polymer sub-segment is the most dominating segment in terms of value, and is expected to expand at the highest CAGR over the forecast period. Further, on the basis of packaging type segment, the small volume parenteral segment is anticipated to dominate the parenteral packaging market in terms of value, and is expected to remain the most attractive segment over the forecast period in terms of value.
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The next section of the report highlights the parenteral packaging adoption, by region, and provides the market outlook for 2016–2026. The study investigates the regional trends contributing to growth of the parenteral packaging market and the market attractiveness regionally, as well as analyses the limit to which the drivers are influencing the parenteral packaging market in each region. Main regions assessed in this report include North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and the Middle East & Africa (MEA).
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