Pharma packaging sector to grow 5.9% through 2011

World demand for pharmaceutical packaging will grow 5.9% per annum through 2011, according to a new study from market research group Freedonia. Western Europe, the USA and Japan will continue to accou…

World demand for pharmaceutical packaging will grow 5.9% per annum through 2011, according to a new study from market research group Freedonia. Western Europe, the USA and Japan will continue to account for most demand, whilst China, India and Brazil will lead increases. Prefillable inhalers and syringes will grow the fastest while plastic bottles will remain dominant. The study analyzes the USD 25.8 billion global drug packaging industry. It presents historical demand data (1996, 2001, 2006) and forecasts for 2011 and 2016 by raw material, product (eg, bottles and jars, blister packaging, pouches and strip packs, prefillable syringes, medication tubes, prefillable inhalers, parenteral vials and ampuls, intravenous containers, caps and closures), world region and for 30 countries. The study also considers market environment factors, details industry structure, evaluates company market share, and profiles 38 major players including MeadWestvaco, Amcor, Owens-Illinois, Cardinal Health Pharmaceutical Technologies and Services, Becton Dickenson, Gerresheimer Holdings, Alcan and SCHOTT.