The Global Healthcare Packaging Market will reach $106.3BN in 2014

Friday 28 February 2014, Amsterdam

Analysis indicates that the global Healthcare Packaging market will be reach $106.3bn in 2014, and will be driven by growth in the both emerging and developed markets, in addition to a number of favourable design and technological advances made by end-use consuming sectors. These revenue forecasts and others appear in the latest report the Healthcare Packaging Market Forecast 2014-2024: Future Prospects for Top Companies in OTC & Non-OTC Pharmaceuticals.

The global healthcare packaging market will exhibit growth over 2014-2024 and this will be driven by growth in the emerging and developed markets. Nations will seek to combat counterfeit pharmaceuticals by increasing investments in R&D of anti-counterfeiting packaging. Blister packaging will continue to grow its market share, but at the expense of glass and, to some extent, rigid plastic packaging.  

The author of the report observed: “A key trend has been observed in the healthcare packaging market is the growing role of anti-counterfeit packaging to reassure patients that their products are both genuine, safe to consume as directed and will have the desired outcomes. Current anti-counterfeiting packaging solutions include holograms, QR codes and unique, traceable codes. Anti-counterfeiting packaging solutions currently in development include 3D data storage and electronic films that can detect whether a healthcare product is still consumable – for example it can warn consumers if a package has been exposed to unsuitable temperatures or if the product is passed its use-by date.

In the material submarkets of healthcare packaging, blister packaging will be the dominant packaging technology. Flexible plastic packaging will be the largest material beneficiary.  Metal and paper packaging will grow on the coattails of blister packaging, due to metal’s role as the blister packaging backing, and paper due to the requirement of packaging blister packs in a paper secondary package.

Whilst healthcare packaging is a strongly innovative industry, the market notably suffers from both top-down and bottom-up weaknesses. Government interventions into the healthcare packaging market have caused logistical difficulties; a previous example including the European mandate for Braille to be printed on all external pharmaceutical packaging. Future legislation is uncertain, so a sudden political change could result in major packaging line overhauls to comply”.

The Healthcare Packaging Market Forecast 2014-2024: Future Prospects for Top Companies in OTC & Non-OTC Pharmaceuticals report contains 103 tables, charts and graphs that add visual analysis in order to explain developing trends within the healthcare packaging market. The new report provides forecasts for the global healthcare packaging market over 2014-2024. 5 submarkets are analysed and forecasted including paper healthcare packaging, metal healthcare packaging, glass healthcare packaging, rigid plastic healthcare packaging and flexible plastic healthcare packaging. In addition, 13 leading national healthcare packaging markets are forecast and analysed over the period 2014-2024. The analysis and forecasting has been informed by consultation with industry experts and an interview from Be4ward Ltd is included within the report. The report also provides profiles of 11 leading companies operating within the market, as well as significant M&A and joint venture activities within the healthcare packaging sector.

The Healthcare Packaging Market Forecast 2014-2024: Future Prospects for Top Companies in OTC & Non-OTC Pharmaceuticals report will be of value to current and future potential investors into the healthcare packaging industry, as well as companies and research centres who wish to broaden their knowledge of the healthcare packaging market.