Monday 4 May 2015, Amsterdam
The report recognizes the following companies as the key players in Pharmaceutical Packaging Market in Europe 2015-2019: Amcor, Bemis, Gerresheimer, MeadWestvaco and Rexam
Other Prominent Vendors in the market are: AptarGroup, Aylward Enterprises, Becton Dickinson & Company, Catalent Pharma Solutions, CCL Industries, Clondalkin Group, Global Closure Systems, Graham Packaging, Medica Packaging, Penn Pharma, Schott, Victoria Packaging, Wasdell and West Pharmaceutical Services
The report said: “The pharmaceutical packaging market in Europe is witnessing an increase in the integration of protective technologies with packaging to fight counterfeiting and associated problems. RFID tags are being used to track drugs through their supply chain and ensure they are authentic. These tags create a record of custody right from the point of origin to the point of dispensation. Self-destructive vinyl labels function by ensuring they cannot be removed and re-attached, and will fall apart if any attempt is made to break the seal. Also, the demand for holographic labels is set to rise because of the high level of security and authentication they provide against counterfeiting.”
According to the report, India, the growing urbanization and increased health awareness among the population of Europe are the major factors for the growth of the pharmaceutical industry. An increase in per capita income has elevated the purchasing power of people in the region, which also has implications on the pharmaceutical market.
Further, the report states that advances in technology and innovative product designs have prompted the need for new packaging materials for pharmaceutical products.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.