MRO Magazine

Bio Pharma Cold Chain Packaging Market – Technavio Publishes Global Trends & Forecast


October 9, 2015
By Business Wire News

LONDON

Technavio has published a new report on the global bio pharma cold chain packaging market,which is expected to grow at a CAGR of more than 4% from 2015-2019.

Bio pharma cold chain packaging market segmentation including material type and geography

Technavio’s report analyses the solutions and products offered by market vendors and presents a comprehensive breakdown in terms of market segmentation for different types of material, including glass packaging, plastic packaging, and metal packaging.

Additionally, analysts have segmented market projections by key geography, focusing on the Americas, the APAC, and the EMEA region.

“Currently, there has been a significant increase in the outsourcing of biopharmaceutical packaging operation as outsourcing the production operations helps packaging companies to reduce the time required for a drug to enter the market. This also allows biopharmaceutical vendors to focus on their core competencies and reduces in-house regulatory operations,” says Faisal Ghaus, Vice President of Technavio.

Bio pharma cold chain packaging: Market scope and calculation of market size

This report covers the present scenario and growth prospects for the global bio pharma cold chain packaging market from 2015-2019. To calculate the market size, this report considers revenue generated by vendors in the market.

Industry analysis includes:

  • Key Vendors:
    • Amcor
    • Clondalkin Group
    • Gerresheimer
    • Sonoco
  • Market Growth Drivers:
    • Strict regulations on biopharma product packaging
    • Increased demand for single-use disposable products
  • Market Challenges:
    • Inefficient product-labeling process
    • Influx of counterfeits
  • Market Trends:
    • Increased outsourcing of biopharmaceutical packaging operations
    • Increased R&D activities

View the global bio pharma cold chain packaging market report.

Technavio currently has more than 3000 market research reports on a huge range of topics, including 200+ reports on the cold chain market:

If you are interested in more information, please contact our media team at media@technavio.com.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 208 123 1770
www.technavio.com
media@technavio.com