Technavio
Announces the Publication of its Research Report Global Sterilized Packaging
Market 2016-2020
Technavio recognizes the following companies as the key players in the global sterilized packaging market: Amcor, Baxter, BD, Bemis, Gerresheimer, and Schott.
Other prominent vendors in the market are: Alexander, American Health Packaging, AptarGroup, Barger Packaging, Cardinal Health, Catalent Pharma Solutions, CCL Industries, Clondalkin Group Holdings, Constantia Flexibles, CWS Contract Packaging, Datwyler Pharma Packaging, EUROMEDEX, Global Closure Systems, IntraPac Group, Klockner Pentaplast Group, Körber Group, Menasha Packaging, Nampak, NNE, Nypro Packaging, RPC Group, SteriPack, Vitro, and Winpak.
Commenting on the report, an analyst from Technavios team said: One of latest trends in the market is growth in combined drug products. Combined drug products include drug/device, biologic/device, drug/biologic, and drug/device/biologic. The primary reason for the growth of combined drugs product devices is the need for minimal invasive surgery and increased drug delivery implants. Combined drug product types include vials syringes, inhalers, and canisters. Packaging for combined drug products plays an important role as a majority of these devices are handled by patients themselves. Since a large amount of these drugs are administered orally or through intravenous process, packaging for these products requires high-quality and chemically inert plastics compared with other drugs that are topical. For combined drug products, packaging manufacturers focus on both primary as well as secondary packaging. In terms of primary packaging, the main material used is plastic as it is chemically inert. For secondary packaging, manufacturers use flexible pouches or clamshell packs that provide product protection, sterilization effectiveness (packs are sterilized using ETO and gamma radiation), and material and seal integrity. Therefore, growth in the combined drug product market will propel the growth of sterilized packaging market.
According to the report, one of the primary drivers in the market is growing demand from biopharmaceuticals market. Biologics manufacturers are focusing on new methods of packaging in order to protect the drugs from contaminants, increase patient compliance, and adhere to the pharmaceutical packaging regulations. In biopharmaceuticals, the primary types of packaging include parenteral vials and pre-fillable syringes. These kinds of packaging, specifically used for biopharmaceuticals, are required to be sterilized and meet the regulations of the pharmaceutical packaging industry. Biopharmaceuticals have specific needs when packaged in containers as the drugs are sensitive to interaction with syringe and vial components. If the containers are not sterilized properly, the drugs react with the components of the containers, which results in the drug being denaturized, and in many cases it could induce protein aggregation. Therefore, it is of high importance that the containers that carry the drug are sterilized before the drugs come in contact with the containers.
Technavio recognizes the following companies as the key players in the global sterilized packaging market: Amcor, Baxter, BD, Bemis, Gerresheimer, and Schott.
Other prominent vendors in the market are: Alexander, American Health Packaging, AptarGroup, Barger Packaging, Cardinal Health, Catalent Pharma Solutions, CCL Industries, Clondalkin Group Holdings, Constantia Flexibles, CWS Contract Packaging, Datwyler Pharma Packaging, EUROMEDEX, Global Closure Systems, IntraPac Group, Klockner Pentaplast Group, Körber Group, Menasha Packaging, Nampak, NNE, Nypro Packaging, RPC Group, SteriPack, Vitro, and Winpak.
Commenting on the report, an analyst from Technavios team said: One of latest trends in the market is growth in combined drug products. Combined drug products include drug/device, biologic/device, drug/biologic, and drug/device/biologic. The primary reason for the growth of combined drugs product devices is the need for minimal invasive surgery and increased drug delivery implants. Combined drug product types include vials syringes, inhalers, and canisters. Packaging for combined drug products plays an important role as a majority of these devices are handled by patients themselves. Since a large amount of these drugs are administered orally or through intravenous process, packaging for these products requires high-quality and chemically inert plastics compared with other drugs that are topical. For combined drug products, packaging manufacturers focus on both primary as well as secondary packaging. In terms of primary packaging, the main material used is plastic as it is chemically inert. For secondary packaging, manufacturers use flexible pouches or clamshell packs that provide product protection, sterilization effectiveness (packs are sterilized using ETO and gamma radiation), and material and seal integrity. Therefore, growth in the combined drug product market will propel the growth of sterilized packaging market.
According to the report, one of the primary drivers in the market is growing demand from biopharmaceuticals market. Biologics manufacturers are focusing on new methods of packaging in order to protect the drugs from contaminants, increase patient compliance, and adhere to the pharmaceutical packaging regulations. In biopharmaceuticals, the primary types of packaging include parenteral vials and pre-fillable syringes. These kinds of packaging, specifically used for biopharmaceuticals, are required to be sterilized and meet the regulations of the pharmaceutical packaging industry. Biopharmaceuticals have specific needs when packaged in containers as the drugs are sensitive to interaction with syringe and vial components. If the containers are not sterilized properly, the drugs react with the components of the containers, which results in the drug being denaturized, and in many cases it could induce protein aggregation. Therefore, it is of high importance that the containers that carry the drug are sterilized before the drugs come in contact with the containers.
Further, the
report states that one major challenge in the market is adverse impact of PVC
films. PVC accounts for 54% of the total raw material that is used for blister
packaging. Though it has high barrier properties, it is prone to water and
moisture ingress and PVC films have a negative impact on the environment. In
the US, 7 billion pounds of PVC material and films are discarded every year.
PVC disposal is the largest source of dioxin-forming chlorine and phthalates in
solid waste and also contributes to major lead, organotin, and cadmium
contamination, which poses serious threats to individual health and the
environment.
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.
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About Sterilized Packaging
The demand for sterilized packaging will arise from the growing global biologics market. Biologic drugs primarily include protein and therapy cells, monoclonal antibodies, and tissue and cell based regenerative medicines. These drugs are administered directly into the patients' blood tissues, so it is important the containers carrying these drugs are sterilized.
Technavios analysts forecast the global sterilized packaging market to grow at a CAGR of 6.33% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global sterilized packaging market for 2016-2020. To calculate the market size, the report considers the revenue generated by the vendors for packaging of pharmaceutical products.
The market is divided into the following segments based on geography:
APAC
Europe
North America
ROW
Technavio's report, Global Sterilized Packaging Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Amcor
Baxter
BD
Bemis
Gerresheimer
Schott
Other prominent vendors
Alexander
American Health Packaging
AptarGroup
Barger Packaging
Cardinal Health
Catalent Pharma Solutions
CCL Industries
Clondalkin Group Holdings
Constantia Flexibles
CWS Contract Packaging
Datwyler Pharma Packaging
EUROMEDEX
Global Closure Systems
IntraPac Group
Klockner Pentaplast Group
Körber Group
Menasha Packaging
Nampak
NNE
Nypro Packaging
RPC Group
SteriPack
Vitro
Winpak
Market driver
Rising global demand for pre-fillable syringes.
For a full, detailed list, view our report
Market challenge
Contamination concerns of plastic packaging.
For a full, detailed list, view our report
Market trend
Growth in demand for parenteral containers.
For a full, detailed list, view our report
Key questions answered in this report
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?
The demand for sterilized packaging will arise from the growing global biologics market. Biologic drugs primarily include protein and therapy cells, monoclonal antibodies, and tissue and cell based regenerative medicines. These drugs are administered directly into the patients' blood tissues, so it is important the containers carrying these drugs are sterilized.
Technavios analysts forecast the global sterilized packaging market to grow at a CAGR of 6.33% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global sterilized packaging market for 2016-2020. To calculate the market size, the report considers the revenue generated by the vendors for packaging of pharmaceutical products.
The market is divided into the following segments based on geography:
APAC
Europe
North America
ROW
Technavio's report, Global Sterilized Packaging Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Amcor
Baxter
BD
Bemis
Gerresheimer
Schott
Other prominent vendors
Alexander
American Health Packaging
AptarGroup
Barger Packaging
Cardinal Health
Catalent Pharma Solutions
CCL Industries
Clondalkin Group Holdings
Constantia Flexibles
CWS Contract Packaging
Datwyler Pharma Packaging
EUROMEDEX
Global Closure Systems
IntraPac Group
Klockner Pentaplast Group
Körber Group
Menasha Packaging
Nampak
NNE
Nypro Packaging
RPC Group
SteriPack
Vitro
Winpak
Market driver
Rising global demand for pre-fillable syringes.
For a full, detailed list, view our report
Market challenge
Contamination concerns of plastic packaging.
For a full, detailed list, view our report
Market trend
Growth in demand for parenteral containers.
For a full, detailed list, view our report
Key questions answered in this report
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?
Table
of content: https://marketreportscenter.com/reports/470017/global-sterilized-packaging-market-2016-2020#toc
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