Industry Analysis & Industry Trends
The Pharmaceuticals Packaging and Labeling Services industry has performed well over the past five years, with only one year of losses, in 2009. Strong growth will continue through 2017, as the number of individuals will healthcare increases as healthcare reform initiatives go into effect and the unemployment rate decreases. As patents on brand name drugs expire, the industry will benefit from generic manufacturers that will need industry services. However, this translates to less revenue from those brand name pharmaceutical companies.... purchase to read more
Industry Report - Industry Products Chapter
Packaging services
Packaging services are estimated to generate about 52.6% of industry revenue in 2012. The majority of industry participants offer standard and custom packaging for prescription drugs and biologics, over-the-counter medications, veterinary and consumer health products. The process often involves taking bulk tablets, capsules, syringes and other dose forms, and packaging them into market-ready forms like blister packs, pouches, sachets and bottles. Additionally, industry participants package drugs into vials, intravenous containers, ampuls, prefillable inhalers, pharmaceutical tubes and other primary containers (e.g. glass bottles and jars, strip packs and paperboard boxes)... purchase to read more