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Major Growth Driver Identified in 2025 Healthcare Packaging Market: Thriving Pharmaceutical Business Propels Growth In The Healthcare Packaging Market
Healthcare Packaging
Healthcare Packaging Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
There has been considerable growth in the size of the healthcare packaging market recently. We anticipate seeing it expand from a value of $118.99 billion as of 2024 to $125.49 billion in 2025, marking a compound annual growth rate (CAGR) of 5.5%. The significant growth seen in the past can be traced back to factors such as customer expectations, ecological consciousness, designs centered around patients, concerns about drug safety, and altering regulations.
Healthcare Packaging Market Size Forecast: What's the Projected Valuation by 2029?
Anticipated robust expansion is on the horizon for the healthcare packaging market in the coming years, with projections estimating its worth at $168.4 billion by 2029, marking a compound annual growth rate (CAGR) of 7.6%. Several factors driving this growth throughout the forecast duration, include an increase in demand for pharmaceuticals, modernization in serialization and traceability, shifts in aging population dynamics, the trend towards customization and personalization, along with advancements in remote healthcare and telemedicine. Noteworthy trends set to shape this period entail sustainable packaging, intelligent packaging solutions, child-proof packaging, individualized packaging, and antimicrobial packaging.
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What Are the Drivers Transforming the Healthcare Packaging Market?
The healthcare packaging market's expansion is anticipated to be fuelled by the growth of the pharmaceutical industry. The pivotal role of healthcare packaging in ensuring the safe and effective transport of pharmaceutical products, maintaining their quality against external threats, cannot be overstated. As the pharmaceutical sector progresses and brings new drugs to the market, it results in a surge in demand for advanced and specialized healthcare packaging. This increased need results in market expansion by providing opportunities to packaging manufacturers to innovate and cater to the dynamic requirements of the pharmaceutical sector. For instance, according to GOV.UK, a government entity in the UK, it was reported that in 2021/22, the UK's life sciences sector produced a turnover of £108.1 billion, showing a 13% rise from the preceding year's turnover of £95.9 billion (considering the prices of 2021/22). Hence, the development of the pharmaceutical industry in emerging markets is propelling the healthcare packaging market forward.
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What Long-Term Trends Will Define the Future of the Healthcare Packaging Market?
Key players in the healthcare packaging market are concentrating their efforts on creating innovative packaging solutions, such as thermoforming film for medical use, in a bid to broaden their product range and satisfy the increasing demand for reliable, effective packaging options. The thermoforming film, a type of plastic film utilized in the thermoforming process, is heated and molded to create bespoke packaging designs. For example, Coveris., a product packaging company headquartered in Vienna, plans to unveil a novel recyclable thermoforming film for medical packaging, Formpeel P, at the COMPAMED 2023 trade fair in Düsseldorf in November 2023. This revolutionary film is easy to recycle and is composed of a peelable polyethylene or polyolefin base, ensuring superior protection and resistance to punctures. It is suitable for a range of sterilization techniques and provides a level of functionality and safety equivalent to conventional materials.
Which Segments in the Healthcare Packaging Market Offer the Most Profit Potential?
The healthcare packaging market covered in this report is segmented -
1) By Product: Bottles And Containers, Vials And Ampoules, Cartridges And Syringes, Pouches And Bags, Blister Packs, Tubes, Paper Board Boxes, Caps And Closures, Labels, Other Products
2) By Packaging Format: Flexible Packaging, Rigid Packaging
3) By Material Type: Glass, Plastic, Metal, Paper And Paperboard
4) By Drug Delivery Mode: Oral, Injectable, Dermal And Topical, Inhalable, Other Drug Delivery Modes
5) By End-User: Pharmaceutical, Medical Devices
Subsegments:
1) By Bottles And Containers: Plastic Bottles, Glass Bottles, Specialty Containers
2) By Vials And Ampoules: Single-Dose Vials, Multi-Dose Vials, Glass And Plastic Ampoules
3) By Cartridges And Syringes: Pre-Filled Syringes, Cartridge Systems, Safety Syringes
4) By Pouches And Bags: Resealable Pouches, Stand-Up Bags, Sterilization Pouches
5) By Blister Packs: Thermoformed Blister Packs, Cold Form Blister Packs
6) By Tubes: Plastic Tubes, Aluminum Tubes, Laminated Tubes
7) By Paper Board Boxes: Folding Cartons, Rigid Boxes, Labels and Inserts
8) By Caps And Closures: Screw Caps, Dropper Caps, Child-Resistant Closures
9) By Labels: Pressure-Sensitive Labels, Adhesive Labels, RFID Labels
10) By Other Products: Tamper-Evident Seals, Packaging Inserts, Dispensing Systems
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Which Firms Dominate the Healthcare Packaging Market by Market Share and Revenue in 2025?
Major companies operating in the healthcare packaging market include Gerresheimer AG, Winpak Ltd., Amcor plc, Sonoco Products Company, Huhtamaki Oyj, CCL Industries Inc., Sealed Air Corporation, Berry Global Inc., Dunmore Corporation, Nipro Corporation, Schott AG, Shandong Medicinal Glass Co. Ltd., Arab Pharmaceutical Glass Company, Mondi Group, Ball Corporation, Honeywell International Inc., Klockner Pentaplast Europe GmbH & Co. KG, Corning Incorporated, SGD SA, Stölzle-Oberglas GmbH, AptarGroup Inc., West Pharmaceutical Services Inc., Constantia Flexibles Group, TekniPlex India Ltd., Comar LLC, Beacon Converters Inc., Origin Pharma Packaging Ltd.
Which Regions Offer the Highest Growth Potential in the Healthcare Packaging Market?
North America was the largest region in the healthcare packaging market in 2024. Asia-Pacific is expected to be the fastest-growing region in the healthcare packaging market report during the forecast period. The regions covered in the healthcare packaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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