Pharmaceutical Pouch is used for packaging food, pharmaceutical items, cosmetics, liquids, and industrial items. It is highly demanded packaging for pharmaceutical products, with increasing concern towards a healthy lifestyle and wellbeing. These pouches are free from contamination, oxygen, moisture, light, and odours. This market generates strong potential in the future, due to enhancing product visibility in pharmaceuticals, and the food industry.This growth is primarily driven by Advancement in Research of Pharmaceuticals Development, Increased Focus on Child-Resistant Packaging, Increasing Demand of Smart Packaging and Increasing Concern towards Product Safety.
Globally, a noticeable market trend is evident Increasing Demand of Standup Pouches. Major Players, such as Bemis Company, Inc. (United States), GFR Pharma (Canada), Nelipak Corporation (United States), Ampac Holdings (United States), B. Braun Medical Ltd. (Germany), American FlexPack, Inc. (United States), Champion Plastics (United States), Dongguan Hehui Packaging Materials Co. Ltd. (China), Shenzhen Yongliantai Plastic Bag Co. Ltd. (China) and Pouch Worth (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In Jun 2018, Amazon Announced The Acquisition Of Online Pharmacy Pillpack, Which Disclosed That Amazon Entering Into The Drug Dispensary Business.
In Apr 2019, Proampac Unveiled an Updated Range Of Child Resistant, Reclosable, Easy-Open (CRREO) Pouches. It Meet All The Requirements Of The US Consumer Product Safety Commission And Environmental Protection Agency.
- Advancement in Research of Pharmaceuticals Development
- Increased Focus on Child-Resistant Packaging
- Increasing Demand of Smart Packaging
- Increasing Concern towards Product Safety
- Increasing Demand of Standup Pouches
- Plastic Debris Is a Huge Threat
High Growth Potential in Bioplastic Pouch Market, Due To Increasing Concern towards Recycling Of Package Material
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