The growing demand for pharmaceuticals coupled with increased emphasis on product packaging is expected to drive the global pharmaceutical packaging market to reach $ 158.8 billion by 2025 from $ 77.65 billion in 2016, according to a new report by Grand View Research Inc (GVR).
Pharmaceutical packaging market comprises wide array of products. The demand for these products is expected to grow rapidly on account of fortification of medicines and drugs against exterior impacts. However, the packaging materials and products need to bear the brunt of stringent government regulations and growing market for counterfeit pharmaceuticals. Counterfeit pharmaceuticals are expected to pose