Healthcare Packaging is a booming segment of the industrial packaging market. Western Europe, the US, and Japan account for 75 percent of the healthcare packaging market. Analysts predict the healthcare packaging market will grow to $34 billion by 2011.
In the US, the the baby boomers are becoming senior citizens, and their healthcare packaging needs are increasing. With greater demand for healthcare comes new demand for healthcare packaging and pharmaceutical packaging. As baby-boomers continue age, their consumption of both prescription and over-the-counter medication is expected to increase steadily. Medical device manufacturers and pharmaceutical companies rely heavily on healthcare packaging products to ensure that all contents, whether devices or medications, remain sterile until usage.
In the US, the the baby boomers are becoming senior citizens, and their healthcare packaging needs are increasing. With greater demand for healthcare comes new demand for healthcare packaging and pharmaceutical packaging. As baby-boomers continue age, their consumption of both prescription and over-the-counter medication is expected to increase steadily. Medical device manufacturers and pharmaceutical companies rely heavily on healthcare packaging products to ensure that all contents, whether devices or medications, remain sterile until usage.
