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Medical Flexible Packaging Market Will Exhibit an Impressive Expansion by 2023-2030 | Amcor PLC, Catalent Pharma Solutions, and Becton Dickinson

02-08-2024 10:17 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Medical Flexible Packaging Market Will Exhibit an Impressive

The global medical flexible packaging market is anticipated to grow significantly at a CAGR of 6.0% over the forecast period. The key companies operating in the industry are highly inclined towards the adoption of different growth strategies including capacity expansion, partnerships, mergers and acquisitions, geographical expansion, new product launch, and product innovation to remain competitive in the marketplace. For an instance, in January 2021, Catalent, Inc., announced that it has signed an agreement with Acorda Therapeutics, Inc. Under the terms of the agreement, Catalent will acquire Acorda Therapeutics' 90,000 square-foot, FDA-inspected CGMP facility in Chelsea, Massachusetts, US.

In addition, the site operates best-in-class spray drying capacity, including GEA NIRO PSD-1, PSD-4, and PSD-7 spray drying units, with the latter unit being the largest equipment of its kind in North America. The site will provide Catalent with significant commercial-scale capacity for new customer programs. The facility will act as a global center of excellence within the Catalent network for spray-dried dispersion and dry powder encapsulation and packaging.

Apart from this, the bioplastics segment is expected to be the fastest-growing segment during the forecast period. Within the hospital setting, plastics can be used in consumables such as syringes and tubing, medical-grade gloves, and even trays and cups used by patients. Each product represents an opportunity to reduce the amount of non-degradable waste produced by the hospital. Thus, there is an increased demand for bioplastics to reduce the non-degradable waste produced by using plastics.

To Request a Sample of our Report on Medical Flexible Packaging Market: https://www.omrglobal.com/request-sample/medical-flexible-packaging-market

Market Coverage

• The market number available for - 2023-2030

• Base year- 2023

• Forecast period- 2024-2031

Segment Covered- by Material, by Packaging, and by End-user.

Regions Covered- North America, Europe, Asia-Pacific, Rest of the World

Competitive Landscape- Amcor PLC, Catalent Pharma Solutions, and Becton Dickinson and Company, among others.

Medical Flexible Packaging Market - Segmentation

By Material

Plastics

· Polyvinyl Chloride

· Polypropylene

· Polyethylene Terephthalate

· Polyethylene

· Others

· Paper

· Aluminum

· Bioplastics

By Packaging

· Seals

· High Barrier Films

· Wraps

· Pouches & Bags

· Others (Lids & Labels)

By End-User

· Pharmaceutical Manufacturing

· Medical Device Manufacturing

· Implant Manufacturing

· Others

A full Report of Medical Flexible Packaging Market is Available @ https://www.omrglobal.com/industry-reports/medical-flexible-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

• Latin America

• Middle East and Africa

Company Profiles

· Becton, Dickinson & Company

· Berry Global, Inc.

· Catalent Pharma Solutions

· CCL Industries, Inc.

· Constantia Flexibles Group GmbH

· Coveris Management GmbH

· Flexible Medical Packaging Ltd.

· Gerresheimer AG

· Glenroy, Inc.

· Huhtamäki Oyj

· Sealed Air Corp.

· Skypack India Pvt Ltd.

· WestRock, Aptar, Inc.

· Winpak Ltd.

· Yulian (Henan) Pharma Foil Co., Ltd.

Reasons to buy from us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/medical-flexible-packaging-market

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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