The global pharmaceutical packaging equipment market is projected to expand significantly and is expected to be worth US$8.1 bn by 2021 (US$5.1 bn in 2014). The global pharmaceutical packaging equipment market is driven by several factors: the expanding pharmaceutical industry, the stringent government regulations and standards, the rising demand for integrated packaging technologies, and technological innovations are some of the market drivers.
Some of the recent innovations in the global pharmaceutical packaging equipment are:
Color-changing Packaging: Color-changing indicators are now available on pharmaceutical products packaging.
Condition Monitoring RFID Tags: In the pharmaceutical supply chain, several products come with an RFID tag allowing to track the progress and monitor the condition of the product.
Blister Packaging with Child Lock: Several firms in the global pharmaceutical packaging equipment market are providing child-resistant blister packaging.
Ecobliss, has launched the Locked4Kids packaging solution for the pharmaceuticals industry that works as an effective child-resistant solution. In this pharmaceutical packaging solution, hooks present in the pack are positioned diagonally and the tray is locked safely once it is pushed back in.