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Blister Packaging Market in the US to Grow by USD 1.56 Billion at Almost 9% CAGR During 2020-2024

Blister Packaging Market in US: Growing Pharmaceutical Industry
The rising prevalence of various chronic diseases in the US has increased the demand for drugs. This is encouraging drug manufacturers to introduce newer drugs with improved efficacies. Besides, the market has witnessed a significant increase in the number of drug approvals by the FDA over the past few years. All these factors are contributing to the growth of the pharmaceutical industry in the US, which, in turn, is driving the market in focus.
Growing unit-dose packaging and increased healthcare expenditure in the US will further boost market growth during the forecast period , says a senior analyst at Technavio. ....

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Global Fill Finish Manufacturing Market Forecast to 2027 - COVID-19 Impact and Analysis

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ResearchAndMarkets.com s offering.
According to this report the global fill finish manufacturing market is expected to reach US$ 12,547.23 million by 2027 from US$ 6,129.03 million in 2019. The market is estimated to grow at a CAGR of 9.6 % from 2020 to 2027. The report highlights trends prevailing in the market, and drivers and hindrances pertaining to the market growth.
Based on products, the fill finish manufacturing market is segmented into consumables and instruments. The consumables is further segmented into prefilled syringes, vials, cartridges, and other consumables. In 2019, the consumables segment accounted for a larger share of the market and is expected to register a higher CAGR during the forecast period. Growth of this segment is attributed to high replacement rate compared with that of instruments, rising adoption of prefilled syringes, wide applications of vials in lyophilization, and increasing fill-finish out ....

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Carol P. Lowe Joins Novolex Board of Directors

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HARTSVILLE, S.C., April 1, 2021 /PRNewswire/ Novolex
® announced today that Carol P. Lowe has joined the Board of Directors of Novolex, an industry leader in packaging choice, innovation and sustainability. Lowe brings more than 30 years of experience as a strategic leader, serving in a variety of roles at FLIR Systems, Sealed Air Corporation and Carlisle Companies Inc.
Novolex develops and manufactures diverse packaging and food service products that touch nearly every aspect of daily life for multiple industries. The Novolex family of brands provides customers innovative packaging and plastic solutions for their business needs today while investing in research and development to engineer more sustainable choices for the future. Learn more at www.Novolex.com. ....

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Berlin Packaging Continues European Expansion with the Acquisition of Glass Line

Berlin Packaging Continues European Expansion with the Acquisition of Glass Line
Addition of family-owned business strengthens Italian operations
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MILAN, April 1, 2021 /PRNewswire/ Berlin Packaging, the world s largest hybrid packaging supplier, announced today the acquisition of Glass Line, a Savona, Italy based supplier of glass and metal packaging specializing in the food and beverage end-markets.
As a family-run business, Glass Line has forged strong customer relationships and has significant expertise in the wine and olive oil markets. The company is co-led by Umberto Berruti and Patrizia Zoppi and has an established presence across Northwest Italy, including two warehouses in Liguria. ....

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Loews Corporation Adds GIC as Partner in its Packaging Subsidiary

Loews Corporation Adds GIC as Partner in its Packaging Subsidiary
GIC to acquire 47% stake in Altium Packaging valuing the company at US$2 billion
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NEW YORK, March 12, 2021 /PRNewswire/ Loews Corporation (NYSE: L) announced today that it has entered into a definitive agreement to sell 47% of Altium Packaging, a leading rigid plastic packaging and recycled resin company, to GIC, Singapore s sovereign wealth fund. The transaction is expected to close in the next 30 days.
We are pleased to welcome GIC as a shareholder of Altium Packaging. GIC is a well-established, long-term investor with a track record of success. Having Loews and GIC – two world-class institutions – as our partners will be invaluable as we continue to pursue our growth strategy and seek accretive acquisitions that add further scale and end-market diversification, said Sean Fallmann, President & CEO of Altium Packaging. ....

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