| As per Freedonia, world demand for pharmaceutical  packaging products will increase 6.4% pa to US$90 bln in 2017. Because  of advanced and diverse drug producing industries, almost 65% of global demand  will exist in the developed economies of Canada, Japan, the US and Western  Europe. India and China will form the fastest growing markets due to rapidly  expanding pharmaceutical manufacturing capabilities and the adoption of more  stringent regulations aimed at improving the quality and integrity of  domestically produced medicines. Turkey, Mexico and Brazil are among other  developing countries that are expected to expand and diversify drug producing  industries and register above average gains in pharmaceutical packaging product  demand. Over the long term, the US will continue to form the largest national  pharmaceutical packaging product market as its advanced drug producing sector  commercializes new sophisticated therapies with specialized packaging needs.  Demand in Western Europe will remain comparatively high and expand steadily due  to the impact of new product introductions and upgraded government standards  covering unit dose, high barrier and anti-counterfeit packaging of many types of  medicines. Based on broad contingents of proprietary and generic drug  producers, Canada and Japan will continue to be large, diverse consumers of pharmaceutical  packaging products. However, both countries will see below average growth in  demand as drug makers pursue greater packaging efficiencies to offset  medication pricing pressures. Global demand for primary pharmaceutical containers will expand 6.6%  pa to more than US$57 bln in 2017. Prefillable syringes and parenteral vials will lead growth as  new injectable therapies  developed through biotechnology and related methods are introduced into the  marketplace. Based on uses in the bulk and prescription dose packaging of oral ethical drugs and  the large quantity packaging of solid dose oral over-the-counter medicines,  plastic bottles will continue to record the largest demand globally among  primary pharmaceutical containers, or US$20.6 bln in 2017. Blister packaging will  comprise the second largest selling group of these containers based on its  adaptability to unit dose and clinical trial dosage formats with expanded label  content, high visibility, and built-in track and trace features.  | 
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