Plastic bottles to dominate medical packaging

CLEVELAND (Sept. 9, 11:30 a.m. ET) — Plastic bottles will remain the most popular medical packaging in the United States over the next four years, with the market set to total $3.8 billion by 2014, according to Freedonia Group Inc.

In its Pharmaceutical Packaging report, Freedonia says the plastic bottle market will grow 4.3 percent in the 2009-2014 period because of widespread use in packaging for oral drugs. The plastic bottle format will also dominate applications in over-the-counter medicines sold in tablet and capsule quantities of 50 or more.

However, the fastest growth in the US medical packaging market will come from prefillable syringes, as advantages in biotechnology will lead to more and more injectable therapies, says Freedonia.

The market for pharmaceutical closures – dominated by plastic flip-top vial closures and syringe tips – will total $3 billion in 2014.

The overall medical packaging market in the US will increase 5.3 percent to $18.5 billion in 2014.

SOURCE: Plastics News

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