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    Home > Medical News > Medical World News > Pharmaceutical packaging industry will achieve higher growth, domestic enterprises need to improve the added value of products

    Pharmaceutical packaging industry will achieve higher growth, domestic enterprises need to improve the added value of products

    • Last Update: 2020-04-27
    • Source: Internet
    • Author: User
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      Pharmaceutical Network Market Analysis: Pharmaceutical packaging is an important part of the pharmaceutical industry In recent years, with the continuous development of the pharmaceutical products market, as well as China's policy support for the pharmaceutical packaging industry, the pharmaceutical packaging industry market size has been expanding Data show that in 2018, China's pharmaceutical packaging industry market size reached 106.8 billion yuan And in recent years, China's pharmaceutical packaging market has maintained an average annual growth rate of more than 10% However, compared with imported pharmaceutical packaging products, the added value of domestic pharmaceutical packaging still needs to be improved
    It is understood that in the first quarter of 2020, in the face of many challenges, there are pharmaceutical packaging enterprises, such as Xi's pharmaceutical packaging company's net sales increased 10.8% year-on-year, net profit increased 36% year-on-year The company expects to maintain its full-year 2020 net sales guidance of $1.95 billion to $1.97 billion, with organic sales expected to grow by about 8%
    The company's leaders point out that behind such strong results is the company's continued delivery of critical, high-quality components and solutions to its customers while ensuring the health and well-being of its employees In addition, the company's employees are working the idea of a team, forming a responsive team to meet the challenges Sales growth in high value-added products (components and devices) continued to be strong in the first quarter, accounting for 63% of market segment sales
    It can be seen that since the first quarter, pharmaceutical packaging high value-added products market demand growth is more obvious, and this foreign enterprise alone occupies more than 60% of the market segment, it can be seen that domestic enterprises also need to continuously improve the added value of products, in order to meet the market demand, accelerate the import of pharmaceutical packaging products replacement
    At present, China's economy has been from the high-speed growth stage to high-quality development stage, in this critical period, the pharmaceutical packaging industry can be said to be both opportunities and challenges From the overall level, the transformation and upgrading of domestic pharmaceutical packaging industry still has a long way to go Industry suggests that domestic enterprises need to adhere to the vertical acceleration into the high-level market, horizontal speed up the expansion of product lines, accelerate the import of high-level market replacement
    At the same time, single product sales have been difficult to meet the needs of the market, domestic pharmaceutical packaging enterprises need to extend to the productive service industry, to high value-added equipment and solutions suppliers, to establish a new sustainable profit growth point "All along, most enterprises in the product development after the completion of the simple sales, and then provide some after-sales service Now the market demand is not the same, domestic enterprises should change the concept, combined with product characteristics and market demand, will be manufacturing and service system combined, so that the industrial chain further extended, improve the added value of enterprise manufacturing "The industry says so
    The author learned that there are also pharmaceutical packaging enterprises are moving towards this aspect of the force For example, some companies said that in 2020 the company will have a number of fund-raising projects on the ground to complete, is expected to break the capacity bottleneck, driven by a series of factors, the pharmaceutical packaging industry will continue to achieve higher-speed growth At the same time, the enterprise clearly, on Internet marketing and supply chain management and other emerging business, this year's focus will be to promote collaborative development, explore new business growth models
    In addition, the development of enterprises and the development of employees are inseparable, the development of enterprises need employees to promote, but also need employees to pay for this effort In the current pharmaceutical packaging market has broad prospects, competitive enterprises, high-quality personnel is undoubtedly the valuable wealth of enterprises, with rapid response capacity of the team more cohesive and core competitiveness Therefore, domestic pharmaceutical packaging enterprises need to take time, efforts to train professional high-quality composite talent, to build a stronger team, in order to help enterprises to achieve higher quality, more stable development.
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