India Pharmaceutical Packaging Market, By Product (Specialty bags (Urinary collection bags, Bile collection bags, Blood bags, Sterile packaging bags, Enteral feeding), Parenteral container (Bags, Bottles, Ampoules, Vials, Cartridges, Others parenteral container), Others)), By Material Type (Glass, Aluminum foils, Plastics and polymers, Paper & paperboards, Others), By Region (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030
The pharmaceutical packaging market has undergone a series of changes in recent years. Today, consumers and patients demand convenience and tailor-made products. Pharmaceutical companies have responded to this changing demand by developing new products that address patient needs. The design of pharmaceutical packaging is very important in promoting adherence to prescriptions.
Market Dynamics:
Advancement in the manufacturing process to develop sustainable packaging solution is driving growth of the India pharmaceutical packaging market. Growing product innovation and expanding biotechnology sector is again propelling market growth. Moreover, rise in prevalence of chronic disease and surging demand for drugs is further projected to augment market growth.
On the other hand, volatile price of raw material is expected to hinder the market growth.
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