pharmaceutical packing- a growing phenomena
TRANSCRIPT
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Pharmaceutical Packing- A Growing Phenomena
Presented by- Siddharth Sikaria
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Packing
• Pharmaceutical packaging has to be carried out for the purpose of the safety of the pharmaceutical preparations in order to keep them free from contamination, hinder microbial growth, and ensure product safety through the intended shelf life for the product.
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PACKING HELPS IN:• Creation of wealth• Preserving product quality• Lengthens shelf life of a productRecent Changes In The Packing Industry Are Due To:• Sophisticated drug product• Development of new drug diagnostics• Stringent government requirements• Liberalisation• Large growing middle class• Growing of organised retail• Increase in number of prominent players
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Packing Design Today Provides:• Stability and Shelf Life to the drug and the
Delivery system, • Safety• Convenience• Compliance
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GROWING MARKET
Earlier Requirements of pharma packaging were:• Preserving the quality of enclosed medicineNowadays the requirements are:• Prevention from product tampering and
counterfeiting• Assurance of products dispensing accuracy• Promotion of patient compliance with product
dosage schedule
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Types of Packaging available are:
• Glass bottles• Pet bottles• Strip & blister packs• Injectables • Ampoules• Bulk packs & some more..
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Factors to look while choosing a particular package :• Quality of drug at time of delivery• Shelf life of the productGrowing packaging Industry• In 2011, the global industry is expected to
grow by 5.9% and estimated to reach $34 billion in fy11-12 and Indian pharma packaging is expected to reach $ 50 million by 2015
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TRENDS AND INNOVATION
The industry is witnessing the following trends nowadays:• Sophisticated packaging requirements for new
products and biotech products• Cost reduction in packaging• Demand for otc drugs• Incresing importance of Ayurvedic Brands• Emphasis on enhancing Consumer Consumption
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Sophisticated Packaging Requirements For New Products And Biotech Products
• media enhanced packing
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COST REDUCTIONJUMBO BANGS
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Demand For OTC Drugs
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Ayurvedic Brands
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ENHANCE CONSUMER CONSUMPTION
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Future of Packaging Industry
Global Pharma Industry is expanding in:• Manufacturing processes• Technology• Innovation and integration• In emerging countries, growth is primarily due
to increasing generic & contract manufacturing
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• Fastest growth expected to be in prefillable syringes and parentral vials due to advances in biotech
• As more than $120 billion worth of drugs going offpatent in next five years, generic manufactures will emerge as a segment driving demand for pharma packaging
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• To conclude, India pharma packaging industry has come a long way and is due for more growth. With globalisation many MNC's in the field are setting up their manufacturing bases in India and this will further revolutionise the pharma packaging market in India. Increasing availability of better quality technology and new packaging machines in the country are some of the reasons for this rapid growth. Also the tremendous rise in health awareness amongst people will continue to create more demand for hygienic, tamper resistant and use-and-throw packaging in the future.
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