Market Share of Active & Intelligent Packaging in Pharmaceutical Industry
The Active & Intelligent Packaging in Pharmaceutical Market is fragmented, with several players competing in the same place. The unorganized nature of the industry with very few important players involved indicates that there is a tremendous rivalry between the smaller businesses. Smaller firms are on the increase, with the plans of using the high-growth potential of the market studied. Some of the chief players in the market include BASF, Amcor Ltd, and Honeywell International Inc. These players are strategically expanding their presence in the existing as well as untapped markets.
- Feb 2020 - Amcor has joined HPRC, a coalition of industry peers across healthcare, recycling, and waste management, seeking to improve the recyclability of plastic products within healthcare. Amcor will support the coalition with extensive expertise in packaging design for medical devices and applications in hospitals and other treatment settings.
- Feb 2020 - BASF and Fabbri Group have developed a sustainable solution for cling film. Based on BASF's certified compostable ecovio, Fabbri Group produces the highly transparent stretch film Nature Fresh.
- Nov 2019 - Today, BASF officially launched its smart Verbund project in Zhanjiang, Guangdong province, China, and commenced building its first plants. The plants will produce engineering plastics and thermoplastic polyurethane (TPU) to serve the increasing needs of various growth industries in the southern China market and throughout Asia.
Pharmaceutical Active & Intelligent Packaging Market Leaders
BASF SE
Amcor Ltd
Honeywell International Inc.
Landec Corporation
Crown Holdings Inc.
*Disclaimer: Major Players sorted in no particular order
