Pharma packaging market is forecast to hit $90 billion in 2017

The global drug market is growing and by extension, so is demand for pharma packaging products. Citing a new report from consulting group Freedonia, Plastemart reports that the market for pharma packaging products will hit $90 billion in 2017. The U.S. will remain the largest single market and most of the demand will be there and in Western Europe, Japan and Canada. On the growth side, however, India and China will lead the way and Turkey, Mexico and Brazil will also see substantial growth. Prefillable syringes and parenteral vials will be the fastest growing segments. Report | More