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Pharmaceutical Contract Packaging Market Size Worth $47.7 Billion By 2027: Grand View Research, Inc.

SAN FRANCISCO, Aug. 26, 2020 /PRNewswire/ — The global pharmaceutical contract packaging market size is expected to reach USD 47.7 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 7.1%, over the forecast period. The access to advanced…

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SAN FRANCISCO, Aug. 26, 2020 /PRNewswire/ — The global pharmaceutical contract packaging market size is expected to reach USD 47.7 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 7.1%, over the forecast period. The access to advanced technologies, cost-saving, and focus on core competencies are anticipated to propel market growth over the forecast period.

The growing pharmaceutical industry with high competition within the market is the major factor driving the market. Pharmaceutical companies are outsourcing the packaging activities to third parties, mainly in emerging nations such as China, India, and Brazil. Further, rising pricing pressure on pharmaceutical companies is boosting the demand for contract packaging services in the industry. The stringent regulatory scenario in developed countries and changing regulations in emerging countries are driving the market.

Key suggestions from the report:

  • By type, the primary packaging segment held the largest market share in 2019 owing to the increase in outsourcing of primary wrapping activities to CPOs
  • Bottles primary packaging segment held the largest market share of 29.7% in 2019 owing to the lack of internal wrapping capabilities
  • The glass segment held the largest segment in 2019 as it is suitable for the most parenteral and non-parenteral preparations in the industry
  • Asia Pacific is expected to witness the fastest growth over the forecast period owing to the presence of a large number of contract service providers in the region.

Read 105 page research report with ToC on “Pharmaceutical Contract Packaging Market Size, Share & Trends Analysis Report By Type (Primary, Secondary, Tertiary), By Material (Plastic & Polymer, Glass), By Region, And Segment Forecasts, 2020 – 2027” at: https://www.grandviewresearch.com/industry-analysis/pharmaceutical-contract-packaging-market

Moreover, the large Contract Packaging Organizations (CPOs) and Contract Development and Manufacturing Organizations (CDMOs) are continually acquiring small contract service providers to fill any gaps in the value chain or expand their existing portfolios. As smaller service provider have customer bases which comprise of small and mid-sized pharmaceutical companies, it allows larger CPOs and CDMOs to better compete with small service providers. Thus, maintaining the threat of new entrants at a moderate level for larger CPOs and CDMOs.

In addition, lack of in-house wrapping capabilities, expertise, and budget constraints are the major issues faced by small pharmaceutical companies in the industry. Contract packaging service providers are recognized as an effective approach to curb such issues of the small companies owing to the low-cost service offering. Lack of resources and budgets has prompted many small pharmaceutical companies to established mutually beneficial relationships with CPOs and CDMOs. Contract service providers are making significant attempts to meet their client’s expectations and provide highly sophisticated wrapping facilities.

The stringent regulations in developed regions such as North America and Europe are expected to drive the market over the forecast period. For instance, compulsory barcodes system for the pharmaceutical wrapping and the transfer of large volumes of data related to the supply of medicines under serialization legislation.

Grand View Research has segmented the global pharmaceutical contract packaging market based on type, material, and region:

  • Pharmaceutical Contract Packaging Type Outlook (Revenue, USD Million, 2016 – 2027)
    • Primary
      • Bottles
      • Vials
      • Ampoules
      • Blister Packs
      • Others
    • Secondary
    • Tertiary
  • Pharmaceutical Contract Packaging Material Outlook (Revenue, USD Million, 2016 – 2027)
    • Plastics & Polymers
    • Paper & Paperboard
    • Glass
    • Aluminum Foil
    • Others
  • Pharmaceutical Contract Packaging Regional Outlook (Revenue, USD Million, 2016 – 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Italy
      • Spain
      • Netherlands
      • Switzerland
      • Belgium
      • Russia
      • Sweden
    • Asia Pacific
      • China
      • India
      • Japan
      • South Korea
      • Australia
      • Malaysia
      • Philippines
      • Thailand
      • Singapore
      • Indonesia
    • Latin America
      • Brazil
      • Mexico
      • Argentina
      • Colombia
      • Chile
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE
      • Israel
      • Egypt
  • List of Key Players of Pharmaceutical Contract Packaging Market
    • Amcor plc
    • BALL CORPORATION
    • Nipro Corporation
    • Daito Pharmaceutical Co., Ltd.
    • Pfizer CentreOne
    • West Pharmaceutical Services, Inc.
    • WestRock Company
    • Patheon (Thermo Fisher Scientific Inc.)
    • Catalent, Inc.
    • Baxter BioPharma Solutions.

Find more research reports on Pharmaceuticals Industry, by Grand View Research:

  • Medical Flexible Packaging Market – The global medical flexible packaging market size was valued at USD 20.14 billion in 2016 and pharmaceuticals and medical device manufacturing industries are driving the market growth.
  • High Potency Active Pharmaceutical Ingredients Market – The global high potency active pharmaceutical ingredients market was valued at USD 14.4 billion in 2016 and is expected to grow at a CAGR of 10.3% over the forecast period.
  • Superdisintegrants Market The global superdisintegrants market size was valued at around USD 258.6 million in 2016 and is expected to grow at a CAGR of 7.2% over the forecast period. Market is expected to witness rapid growth owing to Factors such as growing generic drug market, geriatric and pediatric population.

Gain access to Grand View Compass, our BI enabled intuitive market research database of 10,000+ reports

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: [email protected] 
Web: https://www.grandviewresearch.com 
Follow Us: LinkedIn | Twitter 

SOURCE Grand View Research, Inc.

Source: https://www.prnewswire.com:443/news-releases/pharmaceutical-contract-packaging-market-size-worth-47-7-billion-by-2027-grand-view-research-inc-301118642.html

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Casio Unveils Limited-edition Timepiece In Collaboration With World-renowned Esports Gaming Team FaZe Clan

DOVER, N.J., Nov. 24, 2020 /PRNewswire/ — Today, Casio G-SHOCK pays homage to one of the world’s most prominent and influential gaming organizations, FaZe Clan, with a custom DW6900 timepiece. The limited-edition collaborative timepiece is cloaked in FaZe Clan’s signature red tiger camo…

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The new DW6900FAZE20-4CR model also comes with customized packaging in a sleek, red tin and box featuring FaZe Clan’s red tiger camo and boasting the FaZe Clan logo.

“G-SHOCK is a brand that all of us grew up on,” says FaZe Clan’s VP of Marketing Taav Cooperman. “We loved the idea of bringing it into our world and creating something tangible with this special collaboration, giving some of our gaming culture to the iconic brand we love so much.”

This collaboration comes on the heels of several successful partnerships that FaZe Clan has teamed up on in the past year, working with brands like Anti Social Social Club, The National Football League and Beats by Dre.

The limited-edition DW6900 timepiece boasts the brand’s iconic triple-graph face design and staple functions such as a Flash Alert and one-of-a-kind EL backlight that displays “FAZE UP” within the digital display when lit.

The DW6900FAZE20-4CR also comes equipped with G-SHOCK technology including: 

  • Shock Resistance
  • 200M Water Resistance
  • Flash Alert
  • EL Backlight with Afterglow
  • 1/100 Second Stopwatch
  • Multi-Function Alarm
  • Countdown Timer
  • 12/24 Hr. Time Formats

The DW6900FAZE20-4CR will retail for $150 and be available for purchase starting November 27, 2020 at the G-SHOCK Soho Store, fazeclan.com, and gshock.com.

About G-SHOCK

CASIO’s shock-resistant G-SHOCK watch is synonymous with toughness, born from the developer Mr. Ibe’s dream of ‘creating a watch that never breaks’. Over 200 handmade samples were created and tested to destruction until finally in 1983 the first, now iconic G-SHOCK hit the streets of Japan and began to establish itself as ‘the toughest watch of all time’. Each watch encompasses the 7 elements; electric shock resistance, gravity resistance, low temperature resistance, vibration resistance, water resistance, shock resistance and toughness. The watch is packed with Casio innovations and technologies to prevent it from suffering direct shock; this includes internal components protected with urethane and suspended timekeeping modules inside the watch structure. Since its launch, G-SHOCK has continued to evolve, continuing to support on Mr. Ibe’s mantra “never, never give up.” www.gshock.com 

About Casio America, Inc.

Casio America, Inc., Dover, N.J., is the U.S. subsidiary of Casio Computer Co., Ltd., Tokyo, Japan, one of the world’s leading manufacturers of consumer electronics and business equipment solutions. Established in 1957, Casio America, Inc. markets calculators, keyboards, mobile presentation devices, disc title and label printers, watches, cash registers and other consumer electronic products. Casio has strived to realize its corporate creed of “creativity and contribution” through the introduction of innovative and imaginative products. For more information, visit www.casio.com/home

About FaZe Clan

Since its inception in 2010, FaZe Clan has established itself as the world’s most prominent and influential gaming organization known for its disruptive original content and hyper-engaged global fanbase of 230 million combined across all social platforms. FaZe Clan holds an unrivalled position at the epicenter of gaming, sports, culture and entertainment, driving how the next generation consumes content, plays and shops. Their roster of 85 influential personalities consists of world-class gamers, engaging content creators and a mix of talent beyond the world of gaming, including NBA star Ben Simmons, LeBron “Bronny” James Jr. and Lil Yachty. The organization’s unmatched esports division includes eight competitive teams in Fortnite, FIFA, PUBG, PUBG Mobile, Rainbow Six, Call of Duty League (Atlanta FaZe), CS:GO and VALORANT with dozens of world championship trophies among them. In addition, FaZe Clan has become a sought-after fashion and lifestyle brand through an inspired apparel line and limited-edition collaborations with partners including Champion, NFL, Manchester City FC, Lyrical Lemonade, Kappa, CLOT, LA Kings, and more. Follow us @FaZeClan, @FaZeApparel and @FaZeUpdate.

FOR MEDIA INQUIRIES CONTACT:

Rachel Shandler / Jonathan Moll
M&C Saatchi Sport & Entertainment NYC
[email protected] 
[email protected]

Sue Vander Schans / Sofia Izurieta
CASIO AMERICA, INC.
(973) 361-5400
[email protected] 
[email protected]

SOURCE Casio America, Inc.

Related Links

www.casio.com

Source: https://www.prnewswire.com:443/news-releases/casio-unveils-limited-edition-timepiece-in-collaboration-with-world-renowned-esports-gaming-team-faze-clan-301179469.html

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Ben Bridge Jeweler Launches Ultimate Seahawks Proposal Sweepstakes

SEATTLE, Nov. 24, 2020 /PRNewswire/ — Ben Bridge Jeweler, the distinguished family-run fine jeweler with over 70 retail stores in 10 states and one Canadian province, announced its “Ultimate Seahawks Proposal Sweepstakes,” in which it will give away the ultimate proposal, including a…

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From now to January 13, 2021, contestants can sign up through the Ben Bridge website and Facebook page. They will then be encouraged to complete various activities like fun quizzes or photo uploads to Instagram. Each activity completed earns a chance to win weekly jewelry and Seahawks prizes, as well as the ultimate grand prize package.

The Grand Prize Package, totaling over $34,000 in value, includes:

  • A $30,000 custom Bella Ponte by Ben Bridge ring with a Signature Forevermark Diamond center
  • Two Seahawks jerseys
  • Name recognition around the Seattle Seahawks stadium, Lumen Field
  • A VIP tour of Lumen Field
  • A meet and greet with the Seahawks’ mascot Blitz
  • An incredible on-field proposal
  • A celebratory dinner in a luxe suite inside the stadium
  • A special appearance from a Seahawks Legend

The weekly jewelry prizes will highlight one of Ben Bridge Jeweler’s proprietary brands or select partners, each chosen for its unique story and/or its thematic blue/green color. The total value in weekly giveaways is over $18,000, including:

Visit www.benbridge.com for more information.

SOURCE Ben Bridge Jeweler

Related Links

https://www.benbridge.com

Source: https://www.prnewswire.com:443/news-releases/ben-bridge-jeweler-launches-ultimate-seahawks-proposal-sweepstakes-301179242.html

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Quantum Integration’s IoT Platform Proves to Be the Ideal Solution for Electronics Hobbyists

Following a successful Kickstarter release, the highly anticipated Quantum Q-Server and Q-Clients have been well received by its backers.

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Following a successful Kickstarter release, the highly anticipated Quantum Q-Server and Q-Clients have been well received by its backers.

Press Release updated: Nov 24, 2020 07:16 PST


Quantum Integration, following a successful Kickstarter campaign for its complete Internet of Things (IoT) platform for hobby enthusiasts, has announced that its Quantum IoT platform has been well received by early supporters. Earning praise for its ease of use, versatility and the control it provides users without coding knowledge, the Quantum IoT platform is ideal for those with the passion to create wireless projects.

The Quantum IoT platform was designed from the ground up for novices and experts alike to give users the freedom and control to create without learning complex coding languages. “I’ve purchased a few different Arduino and Raspberry Pi kits during the last year for my own learning and for teaching my kids how to be builders and creators,” according to John A., in a recent testimonial. “While each platform has different strengths and weaknesses, the Quantum Q-Server and Q-Clients are great because they allow you to start building projects in less than an hour with no coding required and no need to install complex development tools.”

“But what really makes the Quantum platform unique is that these are Internet-enabled and wireless-enabled projects. This not only allows your Q-Clients to communicate wirelessly with each other, but you can also control and interact with the Q-Clients through your web browser.” This means users have the potential to develop a powerful IoT network, controlling things like remote temperature sensors, automated and smart home projects, and even robots.

He goes on to add, “While it is possible to accomplish similar results with Arduino and Raspberry Pi, it would take weeks or months to learn the skills and write the code to accomplish the same thing on these other platforms that can be done in minutes or hours on the Quantum platform.” With the Quantum IoT platform, users can get to building quicker than ever before, developing their own automations, firmware, and apps. 

For more information or to purchase a starter bundle visit: https://quantumintegrate.com/.

About Quantum Integration Inc.

The Quantum IoT platform enables electronics hobbyists to create wireless devices from a simple button to home automation and robots, and control it with custom apps and firmware without coding, all through a central server. The power of making! ​​For more information, visit www.quantumintegrate.com.

Media Contact: melissapr@newswiremail.com

Source: Quantum Integration

Source: https://www.newswire.com/news/quantum-integrations-iot-platform-proves-to-be-the-ideal-solution-for-21263954

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