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Global pharmaceutical packaging market news

Global pharmaceutical packaging market expected to witness a CAGR of 8% in next five years, says study

To share its 50 years of expertise across packaging and manufacturing solutions during this critical growth period, ACG Worldwide will be present at PROPAK Africa 2013.

Mumbai, India & Johannesburg, South Africa
20 February 2013

The global pharmaceutical packaging market is expected to witness a CAGR of 8% (2012-17) in the coming five years, expected to be fueled by off-patenting of drugs and expansion of the generic market, says a study by Markets & Markets.

This is likely to push packaging solution providers, especially ones with an integrated product line-up, beyond their limits of innovation in meeting global requirements for sustainable packaging, which not just promotes and protects the product but also meets regulatory requirements, said Shabbir Badami, Head - Corporate Marketing, ACG Worldwide.

To share its 50 years of experience in global packaging and manufacturing solutions, ACG Worldwide will be present at PROPAK Africa 2013, one of the largest and most successful packaging, food processing, plastics, printing and labelling exhibition in Africa. The exhibition is being held on 12-15 March, 2013, at Expo Centre, Nasrec, JHB, South Africa. ACG Worldwide – represented by group companies ACG Pharmapack, ACG Pampac and ACG Pam – will be showcasing its innovative range of packaging films, a cost-effective blister packaging machine, and a tabletting and encapsulating machine at Booth No. J9, Hall No. 6.

The exhibition is a must for anyone involved in pharmaceutical and cosmetics manufacturing sector, manufacturing, food and beverage processing industries, packaging and related industries, retail and wholesale, plastics manufacturing, printing and labelling. Not only will the visitors have a chance to see the latest technology and innovations, but also speak to industry experts as well as customer representatives to make informed decisions.

For additional information, please visit www.acg-world.com

About ACG Worldwide
With over fifty years of industry expertise, ACG Worldwide has established itself as a one stop shop offering integrated manufacturing, packaging and R&D solutions to the global pharmaceutical industry. We synergistically integrate businesses right from granulation & coating equipment to hard capsules & capsule filling machines; barrier packaging films to blister & cartoning machines; tablet compression systems to tablet tooling; vision inspection systems to end-of-line machines. A state-of-art R&D facility, SciTech Center in Mumbai, stands testimony of a continuous investment in innovative products & technologies. Recognized as ‘Best Vendor’ by OPPI, ACG has also bagged awards for several innovative products from IIP & Pharmexcil. ACG Worldwide serves customers in more than 100 countries and has its subsidiaries in Brazil, China, Europe, Indonesia, North America and Hong Kong. For more info, visit www.acg-world.com

Contact information:
Ms. Gargi Lad
Assistant Manager - Corporate Marketing, ACG Worldwide
gargi.lad@acg-world.com