Create a free Healthcare Packaging account to continue reading

Pharmaceuticals Represent the Fastest-Growing Thermoform Packaging Segment

New report predicts the thermoform packaging market worth to reach US$44.55 billion by 2021.

The pharmaceutical segment is estimated to be the fastest-growing thermoform segment in 2016, experiencing a higher growth rate than the food and beverage and electronics industries, primarily due to rising disposable incomes and an aging population.

Thermoform packaging provides cleanliness and compartmentalization required by medical products that can safely hold parts in place and provide external protection.