Press release
Medical Packaging Market: Global Industry is Expected to Grow at a CAGR of 6.5% to 2026 – Top Key Players (E.I. Du Pont De Nemours and Company, and Amcor Limited)
The Global Medical Packaging Market is accounted for $36.94 billion in 2017 and is expected to reach $65.21 billion by 2026 growing at a CAGR of 6.5% during the forecast period.Factors such as the rising population, growing medical awareness especially in developing regions, growth in disposable incomes, increasing expenditure on healthcare facilities and rise in implantable devices are favoring for the market growth. However, changing prices of raw materials is anticipated to hamper the market. Moreover, the growth in sustainable packaging solutions provides huge opportunities over the forecast period.
Some of the key players of the Medical Packaging market include:
E.I. Du Pont De Nemours and Company, Amcor Limited, Avery Dennison Corporation, Constantia Flexibles Group GmbH, Sonoco Products Company, Technipaq Inc., Toppan Printing Co., Ltd., Tekni-Plex, Inc., Thomas Packaging LLC., Steripack Contract Manufacturing, West Pharmaceutical Services, Inc., Bemis Company, CCL Industries Inc., Berry Plastics Corporation, Westrock Company, 3M Company, Wipak Group, Rollprint Packaging Products, Inc, Oliver Healthcare Packaging, Campak Inc.
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By application type, medical tools & equipment segment is estimated for the largest share in the market due to its wide applications in hospitals across the globe. These equipments are known as armamentariums which are designed to support diagnosis, monitoring or treatment of medical conditions. The development of new advance featured medical equipment helps a patient to easily recover from their diseases.
In terms of geography, North America accounted for largest market owing to its high standard of living of consumers, technological advancements and high disposable income of consumers. Also, U.S. accounted for the largest country-level market for medical packaging in this region.
Furthermore, consumption market share for each application is offered in the research for 2017 in a tabular format. Regional analysis is discussed in terms of current market status and growth prospects for the period, 2012–2023. Geographies analyzed in the study are North America, Europe, Asia Pacific, South America and Middle East & Africa. Statistics on revenue and growth rate for each region are mentioned with the help of figures for the historic period and the forecast period.
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Materials covered:
• Glass
• Fabric
• Aluminium
• Paper Laminates
• Polystyrene
• Polyethylene Terephthalate (PET)
• Polyvinyl Chloride
• Polypropylene
• Polyethylene
Packaging Types covered:
• Flow Wraps
• Trays
• Boxes
• Containers
• Bags & Pouches
• Stick Packs
• Clamshell Blister Packs
• Cartons
End Users covered:
• Contract Packaging
• Medical Device Manufacturing
• Implant Manufacturing
• Pharmaceutical Manufacturing
• Other End Users
Table of Contents
1 Executive Summary
2 Preface
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Medical Packaging Market, By Material
6 Global Medical Packaging Market, By Packaging Type
7 Global Medical Packaging Market, By End User
8 Global Medical Packaging Market, By Geography
9 Key Developments
10 Company Profiling
10.1 E.I. Du Pont De Nemours and Company
10.2 Amcor Limited
10.3 Avery Dennison Corporation
10.4 Constantia Flexibles Group GmbH
10.5 Sonoco Products Company
10.6 Technipaq Inc.
10.7 Toppan Printing Co., Ltd.
10.8 Tekni-Plex, Inc.
10.9 Thomas Packaging LLC.
10.10 Steripack Contract Manufacturing
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About Research for Markets:
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Research for Markets
Tel: +44 8000-4182-37 (UK)
Email: alan.naidu@researchformarkets.com
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