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A Growing Beverage Industry is Fueling Growth in the Global Packer Bottles Market
A Growing Beverage Industry is Fueling Growth in the Global Packer Bottles Market
Packer Bottles Market

Packer bottles are used in the pharmaceutical industry to store solid, liquid, and ophthalmic drugs. Over the forecast period, the growing pharmaceutical industry is expected to drive growth in the packer bottles market. According to the International Trade Association, the global pharmaceutical business was worth $1 trillion in 2015 and is anticipated to reach $1.3 trillion by 2020. However, rising use of blister packaging in the pharmaceutical industry for capsule packaging due to its light weight and low cost is likely to have a negative influence on market growth throughout the forecast period.

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