Albany, NY -- (SBWIRE) -- 01/02/2017 -- Pharmaceutical caps and closures protect complex pharmaceuticals so that they remain safe and secure, devoid of any contamination. Drug manufacturers are bound by international compliance jurisdictions enforced by regulatory authorities, which ensure packaging is a critical element in the drug delivery process to the final point of purchase. Various raw materials like plastic resins, rubber, and aluminum find application in the production of pharmaceutical caps and closures.

The global pharmaceuticals caps and closures market to grow at a CAGR of 5.36% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global pharmaceuticals caps and closures market for 2016-2020. To calculate the market size, the report presents the vendor landscape and a corresponding detailed analysis of the top five vendors operating in the market

The market is divided into the following segments based on geography:
- APAC
- Europe
- North America
- ROW

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Technavio's report, Global Pharmaceuticals Caps and Closures 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
- Caps & Closures
- O.Berk
- Closure Systems International
- Global Closure Systems

Other prominent vendors
- Alpha Packaging
- Guala Closures
- Mocap
- Phoenix closures
- Reynold
- Technocap
- WestRock

Market driver
- Increased use of COC as raw material
- For a full, detailed list, view our report

Market challenge
- Low degree of differentiation in metal closures
- For a full, detailed list, view our report

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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?

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