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Global Healthcare Flexible Packaging Market Report, Market Size, Share, Trends, Analysis and Forecast to 2028
Flexible packaging preserves item's quality and shelf life while shielding them from moisture, ultraviolet (UV) rays, mildew, dust, and other environmental pollutants. It is commonly accessible in pouches, bags, and other formats and is constructed from flexible materials including foil, plastic, and paper. In comparison to rigid packaging, it uses less base material, which cuts down on production time and energy use. Flexible packaging is widely utilized by pharmaceutical businesses worldwide for the packaging of medications and medical supplies since it is portable, simple to discard, and needs fewer raw materials during production.
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North America is projected to have the highest CAGR over the forecast period, owing to its expanding barrier material innovation and improved economic outlook. It has the strong presence of major companies, such as Amcor and Bemis. Additionally, there is a sharp increase in product demand due to the growing use of medication delivery systems such IV bags and feeding bags. Furthermore, rising R&D spending in the pharmaceutical sector is indirectly promoting market expansion.
Some of the key players profiled in the Healthcare Flexible Packaging Market include Amcor Limited, Sealed Air Corporation, Bemis Company Inc, Huhtamaki Oyj, Mondi Group Plc, Becton Dickinson & Company, Coveris Holdings S.A., Catalent Inc, Sonoco Products Company, Constantia Flexibles Group GmbH, Aptar Group Inc, Berry Group Inc, Datwyler Holdings, Reynolds Group Holdings, WestRock, CCL Industries Inc, Gerresheimer and Winpak Ltd.
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