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Article cold in north to hot & humid in south. These factors The global pharmaceutical packaging market compel the selection of the right type of packaging is projected to witness a Compound Annual materials and processes to maintain the stability of Growth Rate (CAGR) of approximately 8% in the a drug. Due to high humidity and disproportionate coming five years (2015-20). Due to increasing temperatures existing in different parts of our generic and contract manufacturing activities in country, it poses a great challenge to select the Asian countries especially India and China, the most suitable and optimum package to achieve the emerging geographies are expected to register desired shelf–life. maximum growth. Indian market is expected to grow at a CAGR of 18% by 2020. Polyesters, High Density Polyethylene (HDPE), Low Density Polyethylene (LDPE), Poly The Indian healthcare sector is growing at a (vinyl chloride) (PVC), Polypropylene (PP) are Compound Annual Growth Rate of 15% for the next majorly used in the packaging of oral drugs, IV five years and is projected to become a US$155 drugs, injectables, blood bags, nasal spray, eye billion market by 2017, at which point it will be drops etc. Some of the speciality polymers such among the largest revenue-generating sectors in as Poly (vinylidene chloride) (PVDC), Ionomer India, according to The Economic Times, Times of India. There are many accelerators and catalysts and Ethylene Vinyl Alcohol (EVOH) are used in for the healthcare packaging market in India. The coatings improving the functional properties of government has allowed 100% Foreign Direct basic packaging material (Table 2). These speciality Investment in the medical device sector. Foreign coatings provide specific properties such as high investors no longer have to go through the Foreign barrier to oxygen, moisture aroma/flavour or it Investment Promotion Board (FIPB) for permission, may impart sealability to a package even when which was a cumbersome and time-taking affair. its surface is contaminated by the product. With Clariant plans to invest CHF 10 million in a new growing population and increasing medical healthcare packaging manufacturing plant in conditions, pharmaceutical packaging industry Cuddalore in Tamil Nadu State. The plant will will have direct growth impact. manufacture Clariant's moisture control products. The future of healthcare packaging in India is Table 2. Polymers in Pharmaceutical Applications bright and that is underlined by the fact that many Type Polymer used Application healthcare packaging giants are setting up their plants in India. Strip Aluminium Foil/ Insulin Cartridges Packaging LDPE Aluminium Foil/Heat Seal India is a major exporter of plastic and plastic Lacquer (HSL) products which includes plastic raw materials, Glassine/LDPE packaging items, woven sacks / FIBCs, medical Blister Aluminium Foil/PVC Tablets & capsules disposables, writing instruments, floor coverings, Packaging PVDC coating houseware. Ministry of Commerce reported the Plastic Jars & PET, HDPE, PP Tablets & capsules, total export of plastic products US$ 449.72 million Bottles liquid orals, dry syrups, oral hygiene, in May 2015. India is striving as one of the major lotions, nasal sprays plastic packaging material exporters of the world. Pouches/ Paper/ foil/ LDPE Transfusion solutions Packaging has an annual global turnover of about Sachets $550 billion, and India’s share is about $16.5 Squeeze Multilayer packaging Ointments and billion per annum. According to the Mckinsey tubes/ using PE and PP ceramics Plastic report, the middle class population of India will collapsible increase ten folds by 2025 which will further tubes increase the consumption of the plastic packaging June-November, 2017 41