Research and Markets - Global Parenteral Products Packaging Market CAGR Growth of 9.70% by 2020 - Trends, Technologies & Opportunities Report 2016-2020 - Key Vendors: Wasdell, Wihuri, RPC

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17 Aug, 2016, 11:10 GMT

DUBLIN, August 17, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Parenteral Products Packaging Market 2016-2020" report to their offering.

The global parenteral products packaging market is forecast to grow at a CAGR of 9.70% during the period 2016-2020.

Commenting on the report, an analyst from the research team said: One of the key trends for market growth will be the growing demand for tamper-evident closures. Tamper-evident closures help prevent leakage, and they protect the parenteral products from breakage and consequent contamination. These closures have a Luer connection or Luer lock connection with a plastic closure end. The cap is connected to the vial by a frangible web.

The cap and frangible web are fixed together in one piece and connected at the end of the vial by welding during plastic injection molding. Demand will also benefit from the increase in the use of plastic packaging material as the plastic containers have plastic caps and closures. In addition, high packaging requirements for pharmaceutical products including parenteral products will require closures, which have features such as, tamper-evidence and ease of- dispensing features.

According to the report, increase in demand for prefilled syringes will be a key driver for market growth. Safety features and ease of use make the prefilled syringe a preferred option among retail consumers. The prefilled syringes market accounted for $3.5 billion in 2015 and is expected to grow at a CAGR of 14% during the forecast period. This is fueling innovations such as multi-chambered syringes, which reduce the level of leachable and extractable. These syringes offer several advantages like increasing useful product life, minimization of drug waste, and convenience in drug administration.

Questions Answered:

  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

Companies Mentioned:

  • Amcor
  • Baxter
  • BD
  • Gerresheimer AG
  • Nipro
  • Schott
  • AptarGroup
  • Clondalkin Group Holdings
  • Capsugel
  • CCL Industries
  • Datwyler Holding
  • Global Closure Systems
  • Intrapac International
  • KlocknerPentaplast
  • WestRock
  • Rexam
  • RPC
  • Graham Packaging
  • Wasdell
  • Wihuri

Report Structure:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by product

PART 07: Geographical segmentation

PART 08: Market drivers

PART 09: Impact of drivers

PART 10: Market challenges

PART 11: Impact of drivers and challenges

PART 12: Market trends

PART 13: Vendor landscape

PART 14: Key vendor analysis

PART 15: Appendix

PART 16: About the Author

For more information about this report visit http://www.researchandmarkets.com/research/4j2lnf/global_parenteral

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