The Pharmaceuticals Packaging and Labeling Services industry has performed well over the past five years, with minor losses in 2009. Strong growth will continue through 2020, as the number of individuals will healthcare increases as healthcare reform initiatives go into effect and the aging population grows. As patents on brand name drugs expire, the industry will benefit from generic manufacturers that will need industry services. However, this translates to less revenue from brand name pharmaceutical companies as a result of their generally less lucrative contracts.
This industry provides packing and labeling services for prescription and over-the-counter pharmaceuticals, biologics, consumer health and veterinary products. Industry services may include packaging into blisters, bottles, pouches and unit doses, specialty vial or syringe labeling and kitting for injectables. Secondary packaging services (e.g. putting a bottle of tablets into a box, putting blister packs into a carton) are also included in the industry.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.