Global Pharmaceutical Plastic Bottles Market: Regional Insights
Regionally, North America is projected to dominate the global pharmaceutical plastic bottles market over the forecast period owing to the constantly growing consumption and industrial applications of plastic-made containers and bottles. According to the Plastics Industry Association (PLASTICS), the market demand for plastic bottles continues to expand in the United States. Plastic projects are anticipated to increase across several products and sectors, including beverage, food and water, pharmaceutical, and household sectors.
Europe is also expected to witness fastest growth in the global market over the forecast period owing to the growing focus on innovation and recyclability of plastic bottles. For instance, Germany is a largest country for pharmaceutical R&D, production, and distribution. Other factors such as demographic change, an increase in chronic diseases, and a rising emphasis on preventive and self-medication is again augmenting regional market growth.
Pharmaceutical Plastic Bottles Market Report Snapshots
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