Press release
Infectious Waste Packaging Market – Growth Opportunities & Technology Developments by 2025
The main objective of this report is to define, describe, and forecast the global “Infectious Waste Packaging” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.
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Global infectious waste packaging market: Introduction
Infectious waste packaging is absolutely crucial for the sustainable management of waste. A waste which include pathogens, miscellaneous waste such dialysis unit waste, contaminated equipment, and others with enough virulence and quantity so that exposure to the waste by human or animals could result in infectious disease is called infectious waste. The need for infectious waste packaging follows from the application of up-to-date waste management principles. Infectious waste packaging provides a management plan against infectious waste. Infectious waste packaging finds application in various waste managements which include medical waste, radioactive waste, and pathological waste. Infectious waste packaging includes different packaging for different types of wastes such as, plastic bags for various solid and semisolid wastes, plastics and glass bottles, tanks or flasks for liquid waste. Packaging mediums used in infectious waste packaging are leak proof which are sealed and impervious to moisture and must be labelled with biohazard symbol. Medical practitioners, laboratory staff, and personnel who deliberately deal with contaminated waste are creating awareness regarding benefits of infectious waste packaging. Government policies of cleanliness give rise to infectious waste packaging market.
Global infectious waste packaging market: Dynamics
Every year, tons of infectious waste is generated which requires proper disposal, which in turn drives the global demand for the infectious waste packaging. The aim of infectious waste packaging is to ensure that no hazard should be presented on personnel who involved in handling and disposing of infectious waste. With so many fatal substances falling under the umbrella of infectious waste, if safety standards are not complied with, it could lead to illness, chronic diseases and other serious effects. To deal with it, infectious waste packaging is a reliable option. Infectious waste packaging market is flourishing in the backdrop of growing awareness among people, regarding clean and safe society. In recent years, the number of patients visit to hospitals has risen, it will drive the global infectious waste packaging demand. Need of segregating infectious waste is expected to penetrate the global infectious waste market. The UN puts infectious substances in a separate division as per which the infectious waste must be handled or disposed. These divisions are classified as class 6.2 which includes lower-risk infectious waste and higher-risk infectious waste. Being declared by the United Nations regarding proper dispose of medical waste would lead to rise in global infectious waste packaging market. Today various diseases are spreading in the society due to improper waste management by the regulatory bodies. Prevention of diseases is expected to boost the global infectious waste packaging market consequentially. Infectious waste packaging is a hazardous work to carry out, forces people to keep their hands away in doing this, and it might hamper growth of the global infectious waste packaging market. Government policies of cleanliness gives rise to infectious waste packaging market.
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Global infectious waste packaging market: Segmentation
Global infectious waste packaging market can be segmented as follows:
On the basis of waste type, the global infectious waste packaging market has been segmented as:
Solid & semi-solid infectious waste packaging
Liquid infectious waste packaging
On the basis of products, the global infectious waste packaging market has been segmented as:
Coloured rigid boxes
Sharps containers
Bio-hazard containers
Labels
Bags
Bottles
On the basis of material type, the global infectious waste packaging market has been segmented as:
Paperboard
Glass
Plastics
Global infectious waste packaging market: Regional Outlook
Based on regions, the global infectious waste packaging market is segmented into seven regions namely:
North America
Western Europe
Asia-pacific except Japan
Eastern Europe
Latin America
Middle East and Africa
Japan
The global infectious waste packaging market is expected to witness lucrative growth due to rise in awareness regarding hygienic packaging. North America, Western Europe, and Asia Pacific are expected to drive the global infectious waste packaging industry. MEA, Latin America and Eastern Europe are anticipated to witness moderate growth. Japan is expected to witness higher than average growth in the global infectious waste packaging market.
Global infectious waste packaging market: Key Players
Few of the key market players in the global infectious waste packaging market are – Smurfit Kappa Group, Uniflex Healthcare, Interstate Packaging LLC, Carolina CoverTech, and International Plastics Inc., among others.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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