New Technologies that will Impact the Global Pharmaceutical Packaging Industry

New Technologies that will Impact the Global Pharmaceutical Packaging Industry

Customisation is the New Formula

RELEASE DATE
09-Dec-2014
REGION
Asia Pacific
Research Code: P84B-01-00-00-00
SKU: LS00145-AP-MR_16986
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Description

The packaging industry plays a major role in the pharmaceutical market. It not only provides containment and drug safety, but also ensures identity, convenience of handling, and delivery. It needs to balance complex considerations. Pharmaceutical packaging firms are some of the industry’s most innovative companies, as has been evident in the last 10 years. Packaging is a science and has been continuously evolving. In 2014, the pharmaceutical industry has had a variety to choose from (including the prototypes). Europe and other developed markets have become increasingly vigilant in tracking pharmaceutical packaging and stopping drug counterfeit. By 2017, serialisation of drug packages will be mandatory for all manufacturers. Under these circumstances, drug manufacturers have limited or no choice but to comply with the new norms if they want to continue operating in these markets. Pharmaceutical packaging plays an important role in saving costs. By using the latest technologies, drug manufacturers can switch from their existing packaging forms to more innovative designs without spending too much money on R&D. Packaging firms have been always the greatest supporters of the pharmaceutical industry and play a major role in reducing costs. Amcor, CCL Industries, Schott, and MeadWestvaco are some of the major names in the pharmaceutical packaging industry. These firms have been responsible for introducing innovations in pharmaceutical packaging. Some of the ready-for-use prototypes are expected to create a major change in the way drugs will be packaged going forward. The report focuses on important aspects such as, “Which are the key companies and regulations to focus on during 2014-2015?”, and “What are the new technologies that can help the pharmaceutical companies gain an edge over their competitors and reduce cost of packaging”? Frost and Sullivan has been tracking the pharmaceutical industry for more than three decades. This research service will essentially help pharmaceutical manufacturers who are looking at innovations as well as cost cutting methods and want to prepare themselves for the European Union regulations that will impact them from 2017.

Table of Contents

Executive Summary

Executive Summary (continued)

Failures in Packaging are a Key Reason for Losses in the Cash-Strapped Pharmaceutical Industry

Accelerating Trends Make Their Mark in 2014

Key Markets to Watch

Key Companies to Watch

Three Big Predictions

Pharmaceutical Packaging Segmentation

Key Drivers

Key Restraints

Emerging Technology Roadmap for Pharmaceutical Packaging Industry

Global Packaging Industry—Overview

US Pharmaceutical Packaging Industry Overview

US Pharmaceutical Packaging Market Overview (continued)

European Pharmaceutical Packaging Market Overview

APAC Pharmaceutical Packaging Industry Overview

Can Package Design Set the Cash Counters Ringing?

Can the Right Packaging Ensure Return On Investment?

Does Blow-fill-seal (BFS) Technology Hold Potential For Future?

Can Reminders Associated with Packaging Increase Sales?

Can Smart Label Become a Reality for Manufacturers?

Can Color Coding and Layering Ensure Safe Delivery in Hospitals?

Safer Ways of Breaking Ampules

Will Innovations Be Adopted by Major Pharmaceutical Companies?

Does Customisation Play a Major Role in the Future of the Pharmaceutical Packaging Industry?

Merck, the United States

Almac, the United States

Aesica, the United Kingdom

SCHOTT, Germany

Packaging Coordinators Inc. (PCI), the United States

West Pharmaceuticals, the United States

Amcor, Australia

Amcor, Australia (continued)

Amcor

CCL Industries Inc.

SCHOTT Singapore Pte. Ltd

MeadWestvaco Corp. (MWV)

The Last Word

Legal Disclaimer

The Frost & Sullivan Story

Value Proposition

Global Perspective

Industry Convergence

360º Research Perspective

Implementation Excellence

Our Blue Ocean Strategy

Related Research
The packaging industry plays a major role in the pharmaceutical market. It not only provides containment and drug safety, but also ensures identity, convenience of handling, and delivery. It needs to balance complex considerations. Pharmaceutical packaging firms are some of the industry’s most innovative companies, as has been evident in the last 10 years. Packaging is a science and has been continuously evolving. In 2014, the pharmaceutical industry has had a variety to choose from (including the prototypes). Europe and other developed markets have become increasingly vigilant in tracking pharmaceutical packaging and stopping drug counterfeit. By 2017, serialisation of drug packages will be mandatory for all manufacturers. Under these circumstances, drug manufacturers have limited or no choice but to comply with the new norms if they want to continue operating in these markets. Pharmaceutical packaging plays an important role in saving costs. By using the latest technologies, drug manufacturers can switch from their existing packaging forms to more innovative designs without spending too much money on R&D. Packaging firms have been always the greatest supporters of the pharmaceutical industry and play a major role in reducing costs. Amcor, CCL Industries, Schott, and MeadWestvaco are some of the major names in the pharmaceutical packaging industry. These firms have been responsible for introducing innovations in pharmaceutical packaging. Some of the ready-for-use prototypes are expected to create a major change in the way drugs will be packaged going forward. The report focuses on important aspects such as, “Which are the key companies and regulations to focus on during 2014-2015?”, and “What are the new technologies that can help the pharmaceutical companies gain an edge over their competitors and reduce cost of packaging”? Frost and Sullivan has been tracking the pharmaceutical industry for more than three decades. This research service will essentially help pharmaceutical manufacturers who are looking at innovations as well as cost cutting methods and want to prepare themselves for the European Union regulations that will impact them from 2017.
More Information
No Index No
Podcast No
Author Siddharth Dutta
Industries Healthcare
WIP Number P84B-01-00-00-00
Is Prebook No
GPS Codes 9600-B1,99C1-B1,9611-B1