PHARMACEUTICAL POUCH MARKET ANALYSIS

Pharmaceutical Pouch Market, by Material (Polyethylene, Polyvinyl chloride, Polypropylene, Polyethylene terephthalate, and others (Aluminum and Coated paper), by Product Type (Breathable pouches, Tamper evident pouch, Non-peel able pouch, and High Barrier pouch), by Application (Tablets/Capsules, Powder, and Drug delivery system) and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022-2028

Key Developments:

In November 2019, Wipak, one of the leading manufacturer of packaging materials and solutions, had launched a new pharmaceutical pouch developed specially to pack robotic instruments and other long devices. This new product aims to provide significant cost & time savings to hospitals as they are faster & stronger than traditional tray wrapping solutions.
Amcor, a packaging company, had launched a new product - AmLite Ultra Recyclable in April 2019. This new product is manufactured from the company’s highly sustainable polyolefin film. This new high-barrier laminate can be used in packaging of a range of pharmaceutical, home and personal care, and food products.
Various companies are focusing on adopting strategies such as merger & acquisition in order to stay competitive in the global market. For instance, in September 2018, ProMach, a global leader in packaging machinery solutions, announced acquisition of FLtècnics. FLtècnics, based in Girona, Spain, manufactures innovative machines which are capable of packing 400 pouches per minute for the pharmaceutical, beverage, food, chemical, and cosmetics industries.