openPR Logo
Press release

Medical Packaging Films Market worth $7.1 billion by 2023 | Amcor (Australia), Berry Global Group (US), DuPont (US), Weigao Group (China), PolyCine (Germany), Covestro AG (Germany), Glenroy (US) and 3M Company (US), Wipak Group, and Renolit SE (Germany) a

01-06-2021 03:54 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from:

Medical Packaging Films Market worth $7.1 billion by 2023 | Amcor

The report "Medical Packaging Films Market by Material (Polyethylene, Polypropylene, Polyvinyl Chloride, Polyamide), Type (Thermoformable Film, High Barrier Film), Application (Bag, Tube, Others), and Region - Global Forecast to 2023" The medical packaging film market is projected to reach USD 7.1 billion by 2023, at a CAGR of 4.87% from 2018 to 2023. The medical packaging film market is projected to grow from USD 5.6 billion in 2018 to USD 7.1 billion by 2023, at a CAGR of 4.87% during the forecast period. The rising demand for medical packaging from emerging economies of Asia Pacific is driving the growth of the medical packaging film market. Moreover, the growing demand for sustainable packaging solutions across the globe and the rising demand for bi-axially oriented films are factors projected to drive the market for medical packaging film.

Browse 159 market data Tables and 39 Figures spread through 154 Pages and in-depth TOC on "Medical Packaging Films Market - Global Forecast to 2023"

View detailed Table of Content here -

In terms of volume, the polypropylene segment is projected to grow at the highest CAGR from 2018 to 2023.
The polypropylene segment in the medical packaging film market is projected to grow at the highest CAGR during the forecast period, in terms of volume. Polypropylene or PP is a low-cost thermoplastic, with high clarity, high gloss, and enhanced tensile strength. It has a higher melting point than PE, which makes it suitable for applications that require sterilization at high temperatures. PP can be metalized, which results in improved gas barrier properties for various applications where extended product shelf life is important.

In terms of value and volume, the bags segment is estimated to lead the medical packaging market in 2018.
The demand for medical packaging films is projected to increase in the healthcare industry. Use of plastic films for manufacturing medical bags remains high, as they have enhanced shelf life, reduced bacterial contamination, resistant to breakage, and shipment of plastic bags compared to glass bottles. Medical bags are extensively used in the medical and pharmaceutical industries, particularly when low-cost packaging solutions are required in large quantities.

Download PDF Brochure @

In terms of value and volume, the Asia Pacific region is projected to lead the medical packaging film market during the forecast period.
The Asia Pacific region is projected to lead the medical packaging market, in terms of both, value and volume, from 2018 to 2023. The Asia Pacific medical packaging film market witnesses a significant growth due to the increased awareness among consumers regarding sustainable packaging and strong industrial base in the region. The market for medical packaging films in the European region is also projected to witness positive growth in parallel to the economy in the region and increasing domestic demand for medical devices and products. Moreover, the increased awareness among masses about reducing packaging waste is further projected to drive the market for medical packaging films in the region.

Amcor (Australia), Berry Global Group (US), DuPont (US), Weigao Group (China), PolyCine (Germany), Covestro AG (Germany), Glenroy (US) and 3M Company (US), Wipak Group, and Renolit SE (Germany) are key players operating in the medical packaging market. Expansions, investments, divestments, new product developments, and acquisitions are some of the major strategies adopted by key players to enhance their position in the medical packaging films market.

Speak to Analyst @

Recent Developments :
• In September 2018, Amcor Limited invested USD 25 million for upgradation of the Madison manufacturing facility. Madison plant manufactures packaging solutions for products ranging from food to medical devices, to expand capacity, improve quality, and reduce waste while updating technology.
• In August 2018, Amcor Limited announced its acquisition of Bemis Company, Inc. (US), under which the company would acquire Bemis in an all-stock combination. The transaction is projected to be valued at USD 6.8 billion and is projected to close in the first quarter of 2019. This transaction is aimed at increasing R&D capabilities and expanding geographical presence to cater to the demand for sustainable packaging solutions. Under this transaction, Amcor shareholders would own 71%, and Bemis shareholders would own 29% of the combined company.
• In August 2018, Berry Global Group adopted inorganic strategies such as acquisitions. The company acquired Laddawn, Inc, which manufactures blown polyethylene bags and films. Laddawn also has a strong web and mobile sales platform, which will help Berry Global Group to market its product.
• In January 2017, the company acquired AEP Industries Inc., which is engaged in the production of polyethylene bags since 1970. AEP Industries Inc. product portfolio includes shrink films, poly bags, tubing, sheeting, shrink covers, and construction films.

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Medical Packaging Films Market worth $7.1 billion by 2023 | Amcor (Australia), Berry Global Group (US), DuPont (US), Weigao Group (China), PolyCine (Germany), Covestro AG (Germany), Glenroy (US) and 3M Company (US), Wipak Group, and Renolit SE (Germany) a here

News-ID: 2221504 • Views: 279

More Releases from

Flexible Plastic Pouches Market worth $73.5 billion by 2026 : Major Players are …
The report "Flexible Plastic Pouches Market by Material (PE, PP), Type (Flat Pouches, Stand-up Pouches), Application (Food, Beverage), and Region (APAC, North America, Europe, South America, and Middle East & Africa) - Global Forecasts to 2026" The global flexible plastic pouches market size is estimated at USD 53.7 billion in 2021 and is projected to reach USD 73.5 billion by 2026, at a CAGR of 6.5%. The flexible plastic pouches
Exterior Wall Systems Market worth $199.3 Billion by 2026 : Major Players are Et …
The report "Exterior Wall Systems Market by Material Type (Ventilated, Non-Ventilated and Curtain Wall), Supporting Wall (Concrete, Wood and Masonry) End-use Industry (Commercial, Residential and Industrial), and Region - Global Forecast to 2026" The global exterior wall systems market size is projected to grow from USD 139.6 billion in 2021 to USD 199.3 billion by 2026, at a CAGR of 7.4% from 2021 to 2026. The market is projected to
Nonwoven Fabrics Market worth $53.5 billion by 2025 : Major Players are Ahlstrom …
The report "Nonwoven Fabrics Market by Polymer Type, Layer, Function, Technology (Spunbond, Wetlaid, Drylaid), Application (Hygiene, Building & Construction, Filtration, Medical, Automotive, Consumer Products), and Region - Global Forecast To 2025", The global nonwoven fabrics market size is projected to grow from USD 40.5 billion in 2020 to USD 53.5 billion by 2025, at a CAGR of 5.7% from 2020 to 2025. The market is projected to grow in accordance
Technical Insulation Market worth $9.2 billion by 2024 : Major Players are Zotef …
The report "Technical Insulation Market by Product Type (Flexible, Rigid, MMF), Application (Heating & Plumbing, HVAC, Refrigeration, Industrial Process, Acoustic), End-use (Industrial & OEM, Energy, Transportation, Commercial), and Region - Global Forecast to 2024", The technical insulation market size is projected to grow from USD 7.6 billion in 2019 to USD 9.2 billion by 2024, at a CAGR of 4.0%, during the forecast period Download PDF Brochure @ There has been

All 5 Releases

More Releases for Film

New Media Film Festival
NEW MEDIA FILM FESTIVAL® 1st FEST TO ADD NFT TO PROGRAMMING LINEUP First Festival For New Media Storytelling Showcases 119 Content Creators from 23 Countries June 2-3, 2022 Judges from BBC, Emmys, HBO, Marvel and PBS to present $45,000.00 in Awards Los Angeles, April 19, 2021 – The New Media Film Festival® ( is the first event of its kind in the world to accept non-fungible tokens (NFT) in competition. During its 12th
Annual Film Festival
New Media Film Festival® introduces new technology, and the communication of ideas through panels and Q & A’s to implement a more expansive use of 21st-century technology in storytelling for both artists and content creators. The 12th New Media Film Festival is slated for June 2-3 2021 at The Landmark in Los Angeles. Serving as the very first film festival to distribute micro-content, to screen AI created film, a holographic
New Media Film Festival
INNOVATIVE STORIES & TECHNOLOGY CREATORS FINALLY HAVE THEIR DAY – AUGUST 15TH 2020 NEW MEDIA FILM FESTIVAL AWARDS SHOW The 121 New Media Films & Content from 32 countries that are nominees in the 11th Annual New Media Film Festival® voted. Resoundingly the nominees voted to have an online awards ceremony and forgo an in person festival this year. With 38 World – 15 U.S., and 30 L.A. Premieres and the
SUCO Image film 2018
To celebrate the company's 80th anniversary, SUCO presented a new image film of the social media plattform YouTube. The 2-minute image film was conceived and realised by MSB-Films: The film focuses on the core values of the SUCO brand, which are also reflected in the new company vision: * Quality in the area of internal training and further education of specialists and managers as well as multi-stage quality assurance throughout the entire
The Wasteland Film
The Wasteland a modern day mystery thriller from Nine Ladies Film, scheduled to be shot in the Derbyshire Dales in July 2017. The story follows the journey of Laurence, a loner, a man with a hidden past, who arrives in a small village on the offer of work from a local farmer Frank. Taking the job of rebuilding a field boundary stonewall, Laurence becomes intrigued with the mysterious figure of Holly,
Executive AG protection film
With the beautiful retina display of the new Apple iPad and other top of the line mobile devices, users are more concerned than ever with protecting their screens from daily abuse and optimizing their viewing experience. Now IFT launched an innovative technologies to long line of Screen Protector products, Anti-Glare protection film which provide the ultimate protection for mobile devices. The IFT’s Anti-Glare protection film primary advantage is that it can