Packaging in the pharmaceutical industry has gone through major changes in the past decade. The advent of new drug delivery systems and the development of new biochemical compounds have resulted in a need not only for enhanced protection against factors such as moisture, light, oxygen and mechanical forces, but also for packaging forms to play a more integral role in the drug delivery process. Packaging design today provides stability and shelf life to the drug and the delivery system, which becomes fundamental to the safety, convenience and compliance of drug use.
Nanotechnology, the science of very small materials, is poised to have a big impact in pharmaceutical packaging. Basic categories of nanotechnology applications and functionalities appear in development of pharmaceutical (or pharma) packaging in terms of enhancement of plastic materials' barriers; incorporation of active components that can deliver functional attributes beyond those of conventional active packaging; and sensing and signaling of relevant information.
STUDY GOAL AND OBJECTIVES
The study is intended to benefit existing manufacturers of pharmaceuticals who seek to expand market opportunities. It also can serve as a reference for pharma packaging industry players who would like to expand to nano-enabled technologies for drug packaging. This study also provides the most complete accounting of nano-enabled packaging of pharmaceutical products in various markets around the globe.
The main objective of this report is to understand the current state of nano-enabled packaging in the pharmaceutical industry, market opportunities, the companies involved, technologies being pursued and intellectual property (IP) trends.
This study covers various aspects of nano-enabled packaging, providing data about the size and growth of application segments, industry trends, new developments including a detailed patent analysis, and company profiles. Another goal of this report is to provide a detailed and comprehensive multi-client study of the market in North America, Europe, Asia Pacific and the rest of the world for nano-enabled packaging, as well as potential business opportunities emerging in the future.
The study objectives include thorough coverage of the underlying economic issues driving the nano-enabled packaging business, as well as assessments of new advanced nano-enabled packaging that are being developed. Particular attention was paid to providing realistic market data and forecasts for the nano-enabled packaging industry segments. This study provides the most thorough and up-to-date assessment that can be found anywhere on the subject. The study also provides extensive quantification of the many important facets of market developments in nano-enabled packaging all over the world. Ultimately, the study contributes to the determination of the kinds of strategic responses that can be adopted by companies hoping to compete in this dynamic market.
REASONS FOR DOING THE STUDY
In the pharmaceutical industry, there is an ever growing emphasis on security, as well as on patient convenience and greater automation, without compromising quality or safety standards. Increasing importance has been placed on the role that packaging plays in establishing brand preference.
The role of packaging in pharmaceuticals has taken an incremental leap forward in terms of its critical importance as an integral part of the product. New packaging solutions will focus more on drug safety by controlling microbial growth, delaying oxidation, improving tamper visibility and enhancing convenience. Therefore, iRAP felt a need to do a detailed market update and analysis for this industry.
CONTRIBUTIONS OF THE STUDY
This study provides the most complete accounting of the nano-enabled pharma packaging market growth in North America, Europe, Asia Pacific and the rest of the world currently available in a multi-client format. It provides the most thorough and up-to-date assessment that can be found anywhere on the subject and includes extensive quantification of the many important facets of market developments in various markets for nano-enabled pharma packaging. This quantification, in turn, contributes to the determination of strategic responses that suppliers may adopt in order to compete in these dynamic markets. Audiences for this study include marketing executives, business unit managers and other decision makers in the pharma packaging companies, as well as in companies peripheral to this business.