Recent Trends in Pharmaceutical Packaging
As per latest reports the global pharmaceutical packaging market size is expected to reach United States Dollar (USD) 196.8 billion by 2026 from USD 99.9 billion in 2021, at a Compound Annual Growth Rate (CAGR) of 14.5% during the forecast period. This huge growth in the demand of pharmaceutical packaging is due to increase in the consumer awareness about healthcare. Market is surged with innovative packaging solutions accompanying higher patient convenience.
Packaging of pharmaceutical products is a broad multiphase process that requires more care as compared to other products. In the pharmaceutical field, these life-saving medicaments and pharmaceutical products must be packaged properly to maintain their integrity and stability until it reaches the consumer. Recent trends in pharmaceutical packaging includes Blow Fill Seal (BFS) technology, prefilled syringes, Child Resistant packaging, anti-counterfeit packaging techniques viz. track and trace technology, overt technology using Hologram, colour shifting security inks, sequential product numbering. Smart packaging is nowadays very popular which not only provide information on quality of product but also on its reception, storage and delivery. Intelligent packaging with QR (Quick Response) codes, Near-Field Communication (NFC) using smartphones and apps, Radio Frequency Identification (RFID), packaging built-in sensor have also entered into the market.
Packaging, by utilizing various technical approaches, is advancing constantly for providing enhanced patient compliance and better security of the product. Therefore this review article reports various recent advancements in pharmaceutical packaging.