Seattle, WA -- (SBWIRE) -- 11/07/2019 -- Pharmaceutical pouches are used to pack pharmaceutical products as it protects the medicines from the penetration of moisture, light, oxygen, and chemical as they are strong, durable and do not get easily tear or puncture. These pouches make a protective barrier which keeps the contaminants out of reach of the products and thus maintain the quality of the product and extend the shelf-life.
Growing demand for pharmaceutical pouches in order to prevent contamination and maintain the quality of the drug is projected to fuel market growth. On the other hand, the incompatibility of this liquid for storing liquid content is projected to pose a challenge for market growth. Also, once the pouch gets open it is not effective for the longest time and drug needs to be consumed immediately as it may be contaminated from external factors is also expected to hamper the market growth.
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In terms of regional analysis, in 2016, North America constituted the maximum share of the global pharmaceutical industry. In 2016, the North American pharmaceutical market valued around US$450 billion. Owing to the above-mentioned factor and presence of strong players like Pfizer, Johnson & Johnson, Merck & Co., the North American region is projected to perceive a higher market share and contribute towards the growth of global pharmaceutical pouch market during the forecast period.
Key players operating in the global pharmaceutical pouch market include GFR Pharma, Qed Kares Packers Private Limited., Glenroy, Inc., Nelipak Corporation, Oliver, etc.
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Based On Material
- Polyvinyl chloride
- Polyethylene terephthalate
- Others (Aluminum and Coated paper)
Based On Product Type
- Breathable pouch
- Tamper evident pouch
- Non-peel able pouch
- High Barrier pouch
Based On Application
- Drug delivery system
- North America
- Latin America
- Asia Pacific
- Middle East & Africa
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