The pharmaceutical packaging industry has grown at a rapid pace, which has led to many new developments and innovations. Some of these advances include increased demand for secondary and tertiary packaging, improved manufacturing methods and new designs and materials. This article will explore these trends and how they affect the pharmaceutical packaging industry.
Primary Packaging
Primary pharmaceutical packaging is the basic type of packaging used in the pharmaceutical industry. This packaging is meant to contain and protect drugs from degradation or loss of quality. It consists of a number of containers, including plastic bottles, blister packs, ampoules, medication tubes, and vials.
The demand for pharmaceutical packaging is expected to grow at a significant rate over the next few years. Various factors are driving this growth. These include increasing population, changing lifestyle, and technological advancements in the healthcare industry.
The primary pharmaceutical packaging segment is anticipated to register the fastest CAGR of 8.8% over the forecast period. Growth in this segment is driven by the development of new injectable parenteral medicines. Furthermore, the growing demand for OTC medicines is also expected to drive the market.
As of 2018, the major market share of the global pharmaceutical packaging industry was held by the North America region. However, the Asia Pacific region is expected to grow at a significantly faster rate during the forecast period.
Secondary Packaging
The pharmaceutical industry requires packaging that meets a number of requirements, from product protection to easy dispensing. Packaging plays a critical role in drug safety, so it's important to know what it does.
Secondary packaging is the next step after primary packaging. It involves wrapping a primary package around itself, which adds extra protection to the product. However, the packaging materials used for secondary packaging vary from company to company.
For instance, in the medical field, you might see bottles, blister packs, and containers made from metal, plastic, and composite materials. Regardless of the material, a pharmaceutical package is sure to meet FDA guidelines, including child-resistant packaging.
In the pharmaceutical industry, there is no shortage of providers that offer a wide range of secondary packaging solutions. However, a few players are leading the pack.
One of the most popular secondary packaging options is the carton. A folding carton is made of relatively thin paperboard and has a stronger footprint than most cardboard shipping containers. Folding cartons can house many different primary packages, such as syringes, liquids, and tablets. They are also often used to group the primary packages together.
Tertiary Packaging
Tertiary pharmaceutical packaging is the third layer of protection in the pharma industry. It is designed to protect the product, protect it from the environment, and to ensure safety while in use or during shipment. There are various types of tertiary pharmaceutical packaging. The best-known is the blister pack. This type of packaging combines plastic and foil to protect a drug from external conditions.
Other types of tertiary packaging include cartons, containers, shipping containers, and packaging materials. These can be used for the transport of goods to the point of sale, to hold a product in bulk, and to store a product.
Another tertiary packaging is the tamper-evident label. This type of label is tamper-proof, and is applied to both sides of the package to make sure that the consumer does not get a counterfeit product. In order to meet the European directive 2011/62/EU, pharmaceutical products must be labeled with tamper-evident labels. Primary packaging is the first layer of protection. It is the closest to the product and involves the manufacturing process. It may take the form of a can, a bottle, a sachet, or a blister.
Trends in the Market
The pharmaceutical packaging market is projected to witness a robust growth in the coming years. It is mainly driven by the increase in demand for patient-oriented medicines. Furthermore, advancement in manufacturing processes, technological innovations and increasing healthcare awareness are a few other factors boosting the market.
The geriatric population is a major driving factor for the growth of the pharmaceutical packaging market. This population is highly dependent on pharmaceutical drugs. Also, the aging population is more susceptible to disease. Moreover, the working population is expected to consume more health and wellness products. Increasing awareness about medicinal products is also a factor propelling the sales of over-the-counter drugs.
Over the past five years, there has been a significant M&A activity in the pharmaceutical packaging and printing market. Companies have acquired and merged to increase their regional presence. These companies have diversified their product portfolio and adopted innovative packaging solutions.
Increased manufacturing of generics is another factor bolstering the growth of the pharmaceutical packaging industry. Generic drugs contain the same chemical and dosage ingredients as the original drug, but at a lower price.
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