US demand for Pharma packaging to reel in $18.4bn during 2014

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Related tags: Pharmacology

US demand for pharmaceutical packaging is expected to increase by 5.5 per cent a year and top $18.4bn in 2014, according to a new study.

The study from Freedonia shows that a stream of recently reviewed standards and regulations, addressing problems such as barrier protection, infection control, patient drug compliance, drug dispensing, errors and counterfeiting is driving increased demand.

Demand for primary pharmaceutical containers is increasing 5.3 per cent a year, with the fastest growth anticipated for prefillable syringes and vials used for advances in biotechnology and new injectable drugs.

The researchers also expect the market for closure technologies, including stoppers and syringe tips, will grow 5.5 per cent through to 2014 with vial closures will become the most popular of all packaging accessories due to an influx in bioengineered drugs injected for emergency care and to treat chronic disease.

Despite this soaring growth, demand for plastic bottles will fall under average, though maintaining a place as the most widely used packaging – along with blister packaging - for oral drugs distributed in bulk, and for prescription doses, reaching out to retail mail order pharmacies.

Related topics: Drug Delivery, Processing equipment

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