Global Oral Liquid Packaging Market- Biodegradable Substitutes to Drive the Growth

  • 08 Apr 2019

Fast-paced development of the pharmaceutical industry, general healthcare awareness, rise in efforts to eradicate diseases that can be cured by vaccinations and maintaining the stability of the drug throughout its shelf life cycle, contribute as major factors that enhance the growth of the global liquid packaging market in near future. 

Additionally, the rising focus on innovations and developments in the overall packaging industry is likely to support the growth of global oral liquid packaging market in the near future. 

 

Bio-friendly Packaging Materials provide Competitive Edge 

Government regulations regarding packaging material significantly govern packaging market growth. Every manufacturer and packer who packages healthcare oral products need to do so in a tamper-resistant package. If manufacturers fail to adhere to the Food and Drug Administration Department of Health and Human Services, code of federal regulations it would affect the market negatively. 

Plastics bottles, syringes and dispensers are widely used for packaging of liquid products such as injectable liquid formulations like oral vaccines and non-injectable liquid formulations such as elixirs, suspensions, syrups etc. Plastic and glass are the largest segments of the rigid liquid packaging type. Glass is recyclable and resistant to impact, moisture, and chemicals whereas plastic doesn’t fit all benefits and seen as a concern for the environment.

Innovations and technological advancements in terms of discovering several bio-friendly substitutes are to drive the growth of the global oral liquid packaging market in the forecasted period. Visibility of the product, using eco-friendly packaging material for improved brand perception and cost-effectiveness offered by liquid packaging is estimated to augment the growth of the global oral liquid packaging market in coming years.

On the other hand, the introduction of substitutes like bio-based polymers and carbon footprint trend is estimated to impede the growth of the overall market in the near future. 

 

Oral Liquid Packaging Market is segmented by product type, and region.

Product 

•    Unit-dose Cups

•    Oral Slip syringes

•    Oral Syringes and Dispensers

•    Unit-Dose and Dispensing Containers

•    Tamper Evident Bottles Labelling and Bar Coding 

Region

•    Europe

•    North America

•    Asia-Pacific

•    Latin America

•    Rest of the world

The Asia Pacific and Latin America regions are the most lucrative market space for manufacturers due to a large number of manufacturers of pharmaceuticals. They are expected to witness the highest growth rate in global Oral Liquid Packaging. Rest of the world is expected to account significant share in the global Oral liquid packaging market due to increasing adoption. North America oral liquid packaging market is a major shareholder in the global market due to high adoption among end-user segment. Europe is the second major stakeholder of oral liquid packaging market. 

 

Competitive Landscape:  

•    Tier 1 players- established companies in the market with a major market share  

•    Tier 2 players 

•    Emerging players which are growing rapidly 

•    New Entrants  

FutureWise Takeaways  

•    Growth prospects  

•    SWOT analysis 

•    Key trends 

•    Key data-points affecting market growth  

 

Objectives of the Study:

•    To provide with an exhaustive analysis on the global oral liquid packaging market on the basis of product and region   

•    To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints) 

•    To evaluate and forecast micro-markets and an overall market  

•    To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and the Middle East 

•    To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions

•    Profiling of companies to evaluate their market shares, strategies, financials and core competencies

 

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