Press release
Healthcare Packaging Market Size, Share 2032, Trends, Company's Type 2032
Market Data Library
According To Market Data Library, The Global Healthcare Packaging Market Reached US$ 136.2 Billion In Terms Of Revenue In 2022 And Is Forecast To Be Valued At US$ 204.16 Billion In 2031. Between 2023 And 2031, Market Revenue Is Expected To Register A Compound Annual Growth Rate (CAGR) Of 4.6%, And Factors Driving This Projected Growth Are Provided In Much Detail Along With Tables, Charts, Infographics, As Well As Supporting Information And Forecasts In The Report.
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-Healthcare Packaging Market Size, Share & Trends Analysis Report by Product (Bottles & Containers, Vials & Ampules, Cartridges & Syringes, Pouches & Bags, Blister Packs, Tubes, Paperboard Boxes, Caps & Closures, Labels, Others), by Material (Glass, Plastic, Metal, Others), by Industry (Pharmaceuticals, Medical Devices, Others), by Region, and Segment Forecasts, 2022-2030
-The healthcare packaging market is segmented by product, material, industry, and region. By product, the market is segmented into bottles & containers, vials & ampoules, cartridges & syringes, pouches & bags, blister packs, tubes, paperboard boxes, caps & closures, labels, and others. The bottles & containers segment is expected to dominate the market during the forecast period, owing to the increasing demand for bottles and containers for packaging liquid and semi-solid pharmaceutical products. The vials & ampoules segment is expected to grow at a significant pace during the forecast period, owing to the increasing demand for vials and ampoules for packaging injectable pharmaceutical products.
-By material, the market is segmented into glass, plastic, metal, and others. The plastic segment is expected to dominate the market during the forecast period, owing to its low cost, lightweight, and flexibility. The glass segment is expected to grow at a significant pace during the forecast period, owing to its inertness and transparency.
-By industry, the market is segmented into pharmaceuticals, medical devices, and others. The pharmaceuticals segment is expected to dominate the market during the forecast period, owing to the increasing demand for packaging solutions for pharmaceutical products. The medical devices segment is expected to grow at a significant pace during the forecast period, owing to the increasing demand for packaging solutions for medical devices.
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-By region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is expected to dominate the market during the forecast period, owing to the presence of a large number of pharmaceutical and medical device companies in the region. Europe is expected to grow at a significant pace during the forecast period, owing to the rising prevalence of chronic diseases and the increasing aging population in the region. Asia Pacific is expected to be the fastest-growing market during the forecast period, owing to the rising disposable income and the increasing healthcare expenditure in the region.
-The key players in the healthcare packaging market are Amcor plc, Bemis Company, Inc., Berry Global Group, Inc., Dai Nippon Printing Co., Ltd., DS Smith PLC, Huhtamaki Oyj, Sonoco Products Company, WestRock Company, and Wipak Group. These companies are focusing on developing innovative packaging solutions that meet the specific requirements of the healthcare industry. They are also expanding their product portfolio and geographic reach to increase their market share.
-The healthcare packaging market is a highly competitive market. The key players are competing on the basis of product innovation, price, quality, and customer service. The market is expected to witness new product launches, mergers and acquisitions, and partnerships during the forecast period.
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Key Takeaways
-The global healthcare packaging market is expected to grow at a CAGR of 4.05% from 2022 to 2030.
-The rigid packaging segment is expected to dominate the market during the forecast period.
-The plastic segment is expected to dominate the market by material.
-The pharmaceuticals segment is expected to dominate the market by industry.
-North America is expected to dominate the market during the forecast period.
-Amcor plc, Bemis Company, Inc., Berry Global Group, Inc., Dai Nippon Printing Co., Ltd., DS Smith PLC, Huhtamaki Oyj, Sonoco Products Company, WestRock Company, and Wipak Group are the key players in the market.
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Market Data Library is committed to providing clients with high-quality market research that is tailored to their specific needs. The Market Data Library provides corporate intelligence studies that ensure reliable and accurate research data across a diverse range of industries, including Health Care, Chemicals, Packaging, ICT, Automotive, Industrial Automation, Agriculture, and Finance. Our team is comprised of various departments, including sales, operations, finance, research, and analytics, as well as the scientist and data scientist teams. Our business offerings portray the most up-to-date, rational information a company needs to compete effectively. To guarantee that our clients have access to information and insights whenever they need them, we provide 24/7 research support.
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