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Pharmaceutical packaging has many important uses. As well as being used to store and protect drugs, it is also essential for identification purposes, for facilitating the use of pharmaceutical products.
There are different types of packaging for a pharmaceutical product, which are classified as primary, secondary, and tertiary. Primary drug packaging is the material that surrounds the pharmaceutical product, while secondary and tertiary packaging provides additional protection.
India Pharmaceutical Packaging Market is expected to gain market growth in the forecast period of 2024 to 2030. It is analyzed that the market is growing with a CAGR of XX.X% in the forecast period of 2024 to 2030 and is expected to reach USD XXXX million by 2030.
2022
2021
India faces a number of issues, one of which is delivering the finest healthcare to a rapidly growing population. Chronic diseases are on the rise, despite improvements in the healthcare industry. According to WHO research, 20% of the country’s population has at least one non-communicable disease, with treatment costs anticipated to be very high.
The pharmaceutical packaging market in India has grown as a result of research and development at pharmaceutical businesses. The Innopack confex is an ideal venue for exhibitors to showcase their latest innovations in pharmaceutical packaging, labelling, and drug delivery device design and engineering.
It will also allow new businesses to see if their items are up to par with consumer expectations. In addition to substantial networking possibilities and innovative crossover solutions to support capital investment decisions, the confex offers a variety of content-driven workshops on the full value chain for medicine and device packaging.
They’re announcing that the InnoPack Pharma Confex will return to its original in-person format, focusing on the pharmaceutical packaging industry, which will undoubtedly benefit from government incentives and rebates.
The Confex will present industry stakeholders with a one-of-a-kind opportunity to observe a wide range of packaging and processing technologies while also allowing them to have constructive, in-depth discussions with suppliers to solve problems and resolve obstacles.
The Production Linked Incentive (PLI) scheme was introduced by the Indian government to encourage domestic manufacturing to achieve Atmanirbhar Bharat. The pharmaceutical packaging industry in India has grown due to the acceptance and compliance with regulatory rules in pharmaceutical packaging, as well as standards for packaging recycling.
