2018 Pharmaceutical Packaging & Processing Equipment
As of 2018, global brand spending is forecast to reach between $815-832 billion in 2021, and global generic spending is expected to surpass $500 billion by 2021. A few large, multinational corporations, for the most part highly concentrated, consolidated and focused, dominate pharmaceutical production. With more people are able to afford access to needed medications, which in turn drives growth in packaging and packaging equipment for pharmaceuticals. Find out more about the current state of the Pharmaceutical Packaging and Processing industry by downloading PMMI's free white paper today.
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