Hottest annual growth rate of global pharmaceutica
2022-10-04- Detail
In the next five years, the global demand for pharmaceutical packaging will grow at an average annual rate of 6.3%
it is reported that the latest research report on UL testing and verification of the logo used by ABS and PBT for the frequent use of compatible toughening agents by freedo NIA consulting company in the United States shows that the global market demand for pharmaceutical packaging will grow at an average annual rate of 6% in the next five years The market share will increase from US $22.3 billion in 2004 to US $30.2 billion in 2009
freedonia predicts that the demand for pharmaceutical packaging in the North American market will grow rapidly at an average annual rate of 6.3% in the next five years. By 2009, the North American market share will reach $11billion, while the growth rate in the Asia Pacific region will reach an average annual rate of 7.7%, and the share will reach $8billion by 2009. The growth rate in Western Europe is relatively slow, with an average annual growth rate of 4.2%. By 2009, the market share was $8.4 billion. According to Freedonia, the fastest growing demand in the pharmaceutical packaging market is syringe and syringe packaging, but plastic bottles will still account for the largest share of the pharmaceutical packaging market demand
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