Healthcare Packaging Market (6.32% CAGR) Grow to 2020

ReportsnReports.com adds Global Healthcare Packaging Market 2016-2020 latest research report, the analysts forecast global healthcare packaging market to grow at a CAGR of 6.32% during the period 2016-2020.

The global healthcare packaging market analyst says healthcare industry has observed a shift in preference from hospital care to home healthcare over the last decade. This is expected to lead to a significant growth in the demand for healthcare products during the forecast period. In addition, increased healthcare spending will drive the market. According to the Centre for Disease Control and Prevention (CDC), healthcare expenditure in the US increased from 2.9% of the GDP in 2013 to 5.3% of the GDP in 2014 to reach $3 trillion or around $9,523 per person.

Complete report on healthcare packaging market spread across 87 pages, analyzing 6 major companies and providing 42 data exhibits are now available at http://www.reportsnreports.com/reports/714766-global-healthcare-packaging-market-2016-2020.html

The report covers the present scenario and the growth prospects of the global healthcare packaging market for 2016-2020. To calculate the market size, the report considers the revenue generated through the sale of all forms of primary and secondary packaging to healthcare companies for delivery of medicines, healthcare products, medical devices, and medicated food supplements have been taken into account.

The following companies are the key players in the global healthcare packaging market: Amcor, Baxter, BD, Bemis, Gerresheimer AG, and Schott. Other prominent vendors in the market are: Alexander, American Health Packaging, AptarGroup, Barger Packaging, Cardinal Health, Catalent Pharma Solutions, CCL Industries, Clondalkin Group Holdings, Constantia Flexibles, CWS Packaging, Datwyler Pharma Packaging, EUROMEDEX, Global Closure Systems, Intrapac Group, Klockner Pentaplast Group, Korber, Menasha Packaging, Nampak, NNE, Nypro Packaging, RPC Group, Steripack, Vitro, and Winpak. Order a copy of Global Healthcare Packaging Market 2016-2020 report @ http://www.reportsnreports.com/purchase.aspx?name=714766

The global healthcare packaging market is fragmented owing to the presence of several multinational, regional, and local vendors. The local players have raised the bar for competition by offering innovative solutions at lower prices than their counterparts, thus, leading to price wars. The smaller and local vendors compete in terms of cost as it is difficult for them to compete with international vendors in terms of product quality, features, and range of offerings.

The primary packaging segment will account for the largest share of the healthcare packaging market. This segment includes all kinds of packaging items or products that come into direct contact with the drug or pharmaceuticals and form a single part of the package. Primary packaging products include ampules, vials, glass and plastic bottles, IV containers, caps, closures, liners, pouches and seals, blister packs, medication tubes, and pre-fillable syringes and inhalers.

Global Healthcare Packaging Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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