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Healthcare Packaging Market Will Generate Record Revenue by 2029

08-17-2023 01:52 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Healthcare Packaging Market Will Generate Record Revenue

The global healthcare packaging market is anticipated to grow at a CAGR of 6.4% during the forecast period. The importance of the sterile environment alongside appropriate design, supervision, and control of manufacturing processes is very critical in the healthcare packaging. This aids in preventing particle contamination that otherwise can alter the safety concerns and integrity of finished pharmaceutical products. Hence, the increasing costs and demands of healthcare products with clean, safe, and efficient packaging across the globe is significantly driving the growth of the healthcare packaging market. 

Alongside, the latest technological innovations in the healthcare packaging industry are maintaining the competitive environment among industry players. The market players are shifting their focus toward sustainable packaging. Such efforts by the medical devices and pharmaceutical companies are providing scope for the market growth during the forecast period. For instance, in August 2020, Parkside Flexibles Ltd. collaborated with TouchguardTM to launch a new packaging solution incorporating an antibacterial coating. The new development enables brands to protect consumers against potentially harmful bacteria.

Moreover, the increasing trend of using services from pharmaceutical contract packers that provides customized packaging solutions to the manufacturing company further drives the market growth. These contract manufacturing companies assist the drug pharmaceutical companies starting from the earliest stages of clinical development through to commercialization till ongoing commercial supply. This is also expected to significantly impact the growth of the healthcare packaging market. However, the pricing variation among the services provided by the companies is anticipated to challenge market growth during the forecast period.

To Request a Sample of our Report on Healthcare Packaging Market:  https://www.omrglobal.com/request-sample/healthcare-packaging-market

Healthcare Packaging Market Segmentation

By End-Use Vertical

Pharmaceutical 
Primary Packaging (Bottles, Blister Packaging, and Others)
Secondary Packaging (Closures, Containers, and Others)
Medical Devices
Bags & Pouches
Trays
Boxes
Others

By Material Type

Plastics &Polymer
Paper & Paperboard
Others (Glass and Metals)

A full Report of Healthcare Packaging Market is Available @  https://www.omrglobal.com/industry-reports/healthcare-packaging-market

Regional Analysis

North America

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Company Profiles

3M Co.
Amcor Plc
AptarGroup, Inc.
Avery Dennison Corp.
Ayka Healthcare Inc.
Berry Global Inc.
CCL Industries Corp.
Constantia Flexibles Group GmbH
Corning Inc.
DuPont de Nemours, Inc.
Gerresheimer AG
Hamer Packaging Technology, S.L.
KP Holding GmbH & Co.
Nelipak Corp
Nipro Europe Group Companies
Oliver Products Co.
Schott AG
SGD S.A.
Sonoco Products Co.
Technipaq Inc.
Tekni-Plex, Inc.
WestRock Co.
Winpak Ltd.

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Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

About Orion Market Research 
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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