11 July 2019
A new study has found that the Chinese pharmaceutical packaging industry has grown at rates of around 10 percent in recent years. The report also says that the market was worth RMB100 billion in 2018 but is now worth RMB107.4 billion.
The research, conducted by Reportlinker, also predicts that by 2025 the market will be worth RMB200 billion. The reasons for this growth are listed as an aging population, the rise of biological agents and related favourable policies.
The report found that a total of over 1,500 Chinese pharmaceutical packaging companies fall into three categories:
Three new trends in the Chinese pharmaceutical packaging industry were reported:
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