Western Europe, the U.S., and Japan will account for more than 70% of pharmaceutical packaging demand that will drive a 5.5% annual expansion to $62 billion in 2015. That's the forecast from World Pharmaceutical Packaging, a new study from The Freedonia Group, Inc. (www.freedoniagroup.com). China, says Freedonia, will provide faster growth opportunities based on rapidly expanding pharmaceutical manufacturing capabilities and the phasing-in of an extensive government program designed to upgrade the quality and integrity of nationally produced medicines. India and Brazil will also evolve into fast-growing pharmaceutical packaging markets as drug-producing sectors are upgraded and diversified.
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