North America Sachet Packaging in Pharmaceuticals Market industry rides on high demand, looking at expansions

Sachet packaging is a form of flexible packaging. It is created using multiple layers of plastic, aluminum, and other materials. Moreover, sachet packaging helps to secure the product from physical or environmental hazards. In addition, this type of packaging helps in locking the product’s freshness for a long period of time.

North America sachet packaging in pharmaceuticals market is expected to surpass US$ 612.1 million by 2027, exhibiting a CAGR of 5.3% during the forecast period (2020-2027). The growth of the sachet packaging in pharmaceuticals market in North America is expected to be driven by rising benefits of sachet packaging in terms of pharmaceuticals. Sachet packaging offers pharmaceutical producers to offer pre-measured single-dose packages that provide just the right amount of product inside, ultimately reducing product waste.

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Drivers

The growing demand for OTC drugs is expected to drive the market growth of the sachet packaging in pharmaceuticals in North America. People rely on over-the-counter (OTC) drugs as an accessible and effective solution for commonly occurring conditions such as common cold, allergies, body pain, upper and lower gastrointestinal (GI) tract issues, fungal infections, skin inflammation, smoking cessation, and sleeping disorder among others.

Key features of the study:

• This report provides in-depth analysis of North America sachet packaging in pharmaceuticals market, and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2020-2027), considering 2019 as the base year
• It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, country wise outlook, and competitive strategies adopted by key players
• It profiles key players in the North America sachet packaging in pharmaceuticals market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans

North America Sachet Packaging in Pharmaceuticals Market – Impact of Coronavirus (Covid-19) Pandemic

• The overall increasing demand for pharmaceuticals is expected to drive the market growth of North America sachet packaging in pharmaceuticals during the pandemic. For instance, according to the U.S. Consumer Healthcare Products Association (CHPA), among OTC drugs hand sanitizer sales were up by over 600% to reach US$ 1.46 Bn, while sales of consumer medical devices increased by 15.6% to reach US$ 14.8 Bn in 2020. The COVID-19 pandemic has created an unprecedented demand and urgent need for disinfectants and hand sanitizers. However, manufacturing companies are struggling to cope up with increasing demand for hand sanitizers. Manufacturers are struggling to find materials needed, not only to produce the product, but also to develop the packaging, in which it comes.

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Contact Us:

Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com

Sachet packaging is a form of flexible packaging. It is created using multiple layers of plastic, aluminum, and other materials. Moreover, sachet packaging helps to secure the product from physical or environmental hazards. In addition, this type of packaging helps in locking the product’s freshness for a long period of time.

North America sachet packaging in pharmaceuticals market is expected to surpass US$ 612.1 million by 2027, exhibiting a CAGR of 5.3% during the forecast period (2020-2027). The growth of the sachet packaging in pharmaceuticals market in North America is expected to be driven by rising benefits of sachet packaging in terms of pharmaceuticals. Sachet packaging offers pharmaceutical producers to offer pre-measured single-dose packages that provide just the right amount of product inside, ultimately reducing product waste.

Request a sample copy of the report to understand the Market: 
https://www.coherentmarketinsights.com/insight/request-sample/4563

Drivers

The growing demand for OTC drugs is expected to drive the market growth of the sachet packaging in pharmaceuticals in North America. People rely on over-the-counter (OTC) drugs as an accessible and effective solution for commonly occurring conditions such as common cold, allergies, body pain, upper and lower gastrointestinal (GI) tract issues, fungal infections, skin inflammation, smoking cessation, and sleeping disorder among others.

Key features of the study:

• This report provides in-depth analysis of North America sachet packaging in pharmaceuticals market, and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2020-2027), considering 2019 as the base year
• It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, country wise outlook, and competitive strategies adopted by key players
• It profiles key players in the North America sachet packaging in pharmaceuticals market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans

North America Sachet Packaging in Pharmaceuticals Market – Impact of Coronavirus (Covid-19) Pandemic

• The overall increasing demand for pharmaceuticals is expected to drive the market growth of North America sachet packaging in pharmaceuticals during the pandemic. For instance, according to the U.S. Consumer Healthcare Products Association (CHPA), among OTC drugs hand sanitizer sales were up by over 600% to reach US$ 1.46 Bn, while sales of consumer medical devices increased by 15.6% to reach US$ 14.8 Bn in 2020. The COVID-19 pandemic has created an unprecedented demand and urgent need for disinfectants and hand sanitizers. However, manufacturing companies are struggling to cope up with increasing demand for hand sanitizers. Manufacturers are struggling to find materials needed, not only to produce the product, but also to develop the packaging, in which it comes.

Great savings for you 2000$ Discount On Report:
https://www.coherentmarketinsights.com/insight/request-discount/4563

Contact Us:

Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com