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Medical Packaging Market Research Report By Application, By End User

01-19-2021 07:37 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent market insights

Medical Packaging Market

Medical Packaging Market

Medical packaging has the primary function to protect packaged medical or pharmaceutical products. Different types of medical components have resulted in developing various types of medical packaging, ranging from preformed packaging to customizable packaging. Medical products have unique features and majority of them require proper sterilization and are therefore, designed ergonomically to fulfill the high medical standards and protect the product integrity.

One of the major factor contributing to the growth of medical packaging market includes increasing number of hospitals and diagnostic centers and the growing healthcare industry.

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The gain in momentum of the plastic packaging industry, with focus on cost-effectiveness, is also playing a key role in growth of medical packaging market. According to Coherent Market Insights (CMI), the global plastic packaging market is expected to grow at a CAGR of 5.3% in terms of revenue and 5.1% in terms of volume during 2017-2025.

Medical Packaging Market Taxonomy:

On the basis of material, medical packaging market is segmented into:
Polymer
Paper & Paperboard
Non-woven fabric
Others

On the basis of packaging types, medical packaging market is segmented into:
Trays
Boxes
Bags
Pouches
Clamshell packs
Others

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Some of the major players operating the global medical packaging market include E. I. du Pont de Nemours and Company (U.S), Riverside Medical Packaging Company Ltd. (U.K.), Constantia Flexibles Group GmbH (Austria), Avery Dennison Corporation (U.S.), Amcor Limited (Australia), Placon Corporation (U.S.), 3M Company (U.S.), Wipak Group (Germany), West Pharmaceutical Services, Inc. (U.S.), Bemis Company (U.S.), and SteriPack Ltd. (Ireland).

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Name: Mr. Shah
Phone: US +12067016702 / UK +4402081334027
Email: sales@coherentmarketinsights.com
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About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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