Demand Dynamics of Bangladeshi Plastic Products: A Case on Pharmaceutical Primary Packaging MaterialsMd. Abu Zafor Sadek*
Md. Abu Zafor Sadek, Doctor of Business Administration Candidate, Institute of Business Administration, University of Dhaka, BangladesH
- *Corresponding Author:
- Md. Abu Zafor Sadek
Doctor of Business Administration Candidate
Institute of Business Administration
University of Dhaka, Bangladesh
Received date: December 06, 2016; Accepted date: January 31, 2017; Published date: February 11, 2017
Citation: Sadek MAZ (2017) Demand Dynamics of Bangladeshi Plastic Products: A Case on Pharmaceutical Primary Packaging Materials. Arabian J Bus Manag Review 7:291. doi: 10.4172/2223-5833.1000291
Copyright: © 2017 Sadek MAZ. This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
Pharmaceutical packaging is highly sophisticated since quality and safety issues are the utmost priority. However, use of high class plastic products for pharmaceutical packaging is very common and it is increasing day by day. The important plastics which find large packaging applications are High Density Polyethylene (HDP), Polypropylene (PE), Poly Vinyl Chloride (PVC), Polyvinylidene chloride (PVDC), Polyester, Polystyrene etc. These are used for building the body structure of the packages, while other polymers are often used in less thickness as coating to improve the functional properties of basic packaging. Presently Bangladeshi pharmaceutical companies are using all these plastic materials for packaging purposes collected from both local and global sources. The local pharmaceuticals plastic packaging materials producers are capturing almost 70% of the local market and rest 30% are import dependent where technology is very high. Nevertheless, some local plastic companies are setting up world-class dedicated plant for pharmaceutical plastic packaging and some pharmaceutical companies like Square and Acme itself extending their facility to produce plastic packaging materials. Therefore, this study will identify the demand dynamics of plastic packaging materials of Bangladeshi pharmaceuticals.