Pharmaceutical Bottles Expected to Be in Highest Demand This Year
The global pharmaceutical packaging demand surpassed revenues worth U.S. $75 billion in 2018. According to a new research intelligence outlook of Future Market Insights (FMI), the pharmaceutical packaging market is set to demonstrate healthy year-on-year growth in 2019, by more than 5%.
Bottles, with the current share of over a third of the market value, are expected to remain highly sought after pharmaceutical product type. The report also highlights that packer bottles continue to represent higher popularity over liquid bottles. Furthermore, blisters, vials and ampoules will remain the next most preferred types of pharmaceutical packaging, particularly driven by HDPE and LDPE.