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Focus on the Pharmaceutical Glass Market and Packaging Accessories Innovation for New Industry Breakthroughs

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Focus on the Pharmaceutical Glass Market and Packaging Accessories Innovation for New Industry Breakthroughs

According to the Global Pharmaceutical Packaging issued by the research institution Freedonia, the global pharmaceutical packaging demand is growing by 6% per year and is projected to reach USD112 billion market size in 2021. As a driving force for the growth of the pharmaceutical packaging industry, package design and material innovation has become an important measure of pharmaceutical companies to seek breakthroughs, improve pharmaceutical product quality, and strengthen user stickiness.

 

InnoPack China 2019, a flagship exhibition of pharmaceutical packaging and drug delivery system industry in Asia-Pacific region hosted by China Chamber of Commerce for Import & Export of Medicines & Health Products (CCCMHPIE) and UBM EMEA and co-sponsored by Shanghai UBM Sinoexpo International Exhibition Co., Ltd. (UBM Sinoexpo), will take place on June 18-20, 2020. By then, there will be an innovation event integrating “product display”, “innovation activity”, and “high-end summit” presented to pharmaceutical industry researchers and purchasers from all over the world in Hall N5 of Shanghai New International Expo Centre in Pudong, by the exhibition jointly with 200+ enterprises for production and design of pharmaceutical packaging materials and drug delivery devices.

 

To jointly plan for a new era of industry prosperity, as the pharmaceutical glass market rapidly grows

 

The global market of pharmaceutical glass is showing a growing situation owing to the increasing regulatory pressure and increasingly strict patient safety standards. According to the latest report of the market research institution Engayas, the global pharmaceutical glass package market was estimated to reach USD13.468 billion in 2017, and is expected to reach USD22.169 billion in 2024. The global pharmaceutical glass package market is now still dominated by the North America and Europe, however, China is expected to welcome rapid growth of demands for pharmaceutical glass package products in the short term due to the population base, rapid increase of chronic disease patients, and popularization of injection therapies triggered by biotechnological progress. The global major pharmaceutical glass manufacturers have set their sights on the Chinese market, and representatives thereof including Gerresheimer AG, NIPRO Corporation, Schott, SGD AG, Corning, and NEG, etc. have joined InnoPack China 2020, to bring the on-site visitors the latest high-end pharmaceutical glass package products in the world while developing the Chinese market.

 

To focus on the innovation of pharmaceutical packaging accessories, to escort the pharmaceutical product quality

 

There are new challenges and opportunities for the pharmaceutical packaging accessories as the user experience era arrives. As what the management guru: Thomas Peters said, “The gap has disappeared: innovate or die”, the pharmaceutical package market is now gradually entering the new historical stage with “innovation” as the core, and “intelligence” and “humanization” as the development direction. According to forecast, the pharmaceutical package market will continue to grow at average 10.6% every year in the future, wherein, the pharmaceutical packaging materials and containers convenient to use, and packaging accessories that are highly clean and have high processability  Ltd. will exhibit the “Dupont™ Tyvek®” in InnoPack China 2020, which is a typical representative of packaging accessories with high clean performance: it, an important part of aseptic packaging, realizes the best performance balance in terms of microbial permeation prevention, tear strength, puncture resistance, and clean peeling, and can effectively protect pharmaceutical products against contamination risk and challenges during transport.and other characteristics will become the main growth points. Dupont (China) Research & Development and Management Co.,

 

In the context of rapid development of the pharmaceutical packaging industry, InnoPack China, a major event in the pharmaceutical packaging industry, will provide pharmaceutical enterprises, and pharmaceutical package producing enterprises with more opportunities to exhibit, learn, and communicate, based on the current situation and hotspots of industry and in conjunction with the exhibition advantages. Look forward to welcoming more pharmaceutical colleagues on June 18-20, 2020!

Pub Time : 2019-12-11 10:25:33 >> News list
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