alexa Abstract | Demand Dynamics of Bangladeshi Plastic Products: A Case on Pharmaceutical Primary Packaging Materials
E-ISSN: 2223-5833

Arabian Journal of Business and Management Review
Open Access

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Research Article Open Access

Abstract

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.

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Author(s): Md. Abu Zafor Sadek

Keywords

Pharmaceuticals, Packaging, Plastic, Demand dynamics, General finance, HRM, Microfinance, Multinational finance, Business Research, Corporate governance system, Financial Management services, Managerial accounting, Health Management, Logistics management , Entrepreneurship , CRM, BCM, Risk management

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