Global Medical Packaging Market is valued at approximately USD 47.9 Billion in 2021 and is anticipated to grow with a healthy growth rate of more than 6.29% over the forecast period 2022-2028. Medical packaging offers complete protection to the goods and also prevents them from contamination. Medical packaging presents a superior level of sterility to the products. Some medical packaging materials such as plastics, paper, and paper boards are lightweight, recyclable, and durable are gaining huge traction among the population. It acts as a barrier and also averts the contamination of microbes in the product. The growing demand for counterfeit prevention mechanisms, rising incidences of chronic conditions, increasing investment in the medical and healthcare sector are augmenting the market growth around the world. For instance, as per the World Health Organization (WHO), in 2017, the global expenditure on healthcare was USD 7.8 trillion, which was increased nearly 2.63% from 2016. However, instability in the prices of raw materials, and strict regulatory norms impedes the growth of the market over the forecast period of 2022-2028. Also, the advent of innovative sustainable packaging solutions is anticipated to act as a catalyzing factor for the market demand during the forecast period.
The key regions considered for the Global Medical Packaging Market study include Asia Pacific, North America, Europe, Latin America and the Rest of the World. North America is the leading region across the world in terms of market share owing to the continuous techn0ological developments, and growth of the medical industry. Whereas, Asia-Pacific is also anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the presence of the chief market players, economic growth, and the increasing occurrence of various chronic diseases would create lucrative growth prospects for the Medical Packaging Market across the Asia-Pacific region.
Major market players included in this report are:
3M Company
Bemis Company, Inc
E.I. du Pont de Nemours and Company
Constantia Flexibles Group GmbH
Sonoco Company
Avery Dennison Corporation
WestRock Company
CCL Industries Inc.
Chesapeake Limited
Amcor Limited
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Packaging Type
Bags And Pouches
Trays
Boxes
Others
By Material
Polymer
Paper and Paperboard
Nonwoven Material
Others
By Application
Equipment & Tools
Devices
IVD
Implants
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028
Target Audience of the Global Medical Packaging Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
- 1.2.1. Global Medical Packaging Market, by Region, 2020-2028 (USD Billion)
- 1.2.2. Global Medical Packaging Market, by Packaging Type, 2020-2028 (USD Billion)
- 1.2.3. Global Medical Packaging Market, by Material, 2020-2028 (USD Billion)
- 1.2.4. Global Medical Packaging Market, by Application, 2020-2028 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Medical Packaging Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Medical Packaging Market Dynamics
- 3.1. Medical Packaging Market Impact Analysis (2020-2028)
- 3.1.1. Market Drivers
- 3.1.1.1. Increasing proliferation of IoT across the healthcare and medical industries
- 3.1.1.2. Rising demand for counterfeit prevention mechanisms
- 3.1.2. Market Challenges
- 3.1.2.1. Strict regulatory rules & regulations
- 3.1.2.2. Instability in the prices of raw materials
- 3.1.3. Market Opportunities
- 3.1.3.1. Advent of innovative sustainable packaging solutions
Chapter 4. Global Medical Packaging Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model (2019-2028)
- 4.2. PEST Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.3. Investment Adoption Model
- 4.4. Analyst Recommendation & Conclusion
- 4.5. Top investment opportunity
- 4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1.1. Assessment of the overall impact of COVID-19 on the industry
- 5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Medical Packaging Market, by Packaging Type
- 6.1. Market Snapshot
- 6.2. Global Medical Packaging Market by Packaging Type, Performance - Potential Analysis
- 6.3. Global Medical Packaging Market Estimates & Forecasts by Packaging Type, 2019-2028 (USD Billion)
- 6.4. Medical Packaging Market, Sub Segment Analysis
- 6.4.1. Bags And Pouches
- 6.4.2. Trays
- 6.4.3. Boxes
- 6.4.4. Others
Chapter 7. Global Medical Packaging Market, by Material
- 7.1. Market Snapshot
- 7.2. Global Medical Packaging Market by Material, Performance - Potential Analysis
- 7.3. Global Medical Packaging Market Estimates & Forecasts by Material, 2019-2028 (USD Billion)
- 7.4. Medical Packaging Market, Sub Segment Analysis
- 7.4.1. Polymer
- 7.4.2. Paper and Paperboard
- 7.4.3. Nonwoven Material
- 7.4.4. Others
Chapter 8. Global Medical Packaging Market, by Application
- 8.1. Market Snapshot
- 8.2. Global Medical Packaging Market by Application, Performance - Potential Analysis
- 8.3. Global Medical Packaging Market Estimates & Forecasts by Application, 2019-2028 (USD Billion)
- 8.4. Medical Packaging Market, Sub Segment Analysis
- 8.4.1. Equipment & Tools
- 8.4.2. Devices
- 8.4.3. IVD
- 8.4.4. Implants
Chapter 9. Global Medical Packaging Market, Regional Analysis
- 9.1. Medical Packaging Market, Regional Market Snapshot
- 9.2. North America Medical Packaging Market
- 9.2.1. U.S. Medical Packaging Market
- 9.2.1.1. Packaging Type estimates & forecasts, 2019-2028
- 9.2.1.2. Material estimates & forecasts, 2019-2028
- 9.2.1.3. Application estimates & forecasts, 2019-2028
- 9.2.2. Canada Medical Packaging Market
- 9.3. Europe Medical Packaging Market Snapshot
- 9.3.1. U.K. Medical Packaging Market
- 9.3.2. Germany Medical Packaging Market
- 9.3.3. France Medical Packaging Market
- 9.3.4. Spain Medical Packaging Market
- 9.3.5. Italy Medical Packaging Market
- 9.3.6. Rest of Europe Medical Packaging Market
- 9.4. Asia-Pacific Medical Packaging Market Snapshot
- 9.4.1. China Medical Packaging Market
- 9.4.2. India Medical Packaging Market
- 9.4.3. Japan Medical Packaging Market
- 9.4.4. Australia Medical Packaging Market
- 9.4.5. South Korea Medical Packaging Market
- 9.4.6. Rest of Asia Pacific Medical Packaging Market
- 9.5. Latin America Medical Packaging Market Snapshot
- 9.5.1. Brazil Medical Packaging Market
- 9.5.2. Mexico Medical Packaging Market
- 9.6. Rest of The World Medical Packaging Market
Chapter 10. Competitive Intelligence
- 10.1. Top Market Strategies
- 10.2. Company Profiles
- 10.2.1. 3M Company
- 10.2.1.1. Key Information
- 10.2.1.2. Overview
- 10.2.1.3. Financial (Subject to Data Availability)
- 10.2.1.4. Product Summary
- 10.2.1.5. Recent Developments
- 10.2.2. Bemis Company, Inc
- 10.2.3. E.I. du Pont de Nemours and Company
- 10.2.4. Constantia Flexibles Group GmbH
- 10.2.5. Sonoco Company
- 10.2.6. Avery Dennison Corporation
- 10.2.7. WestRock Company
- 10.2.8. CCL Industries Inc.
- 10.2.9. Chesapeake Limited
- 10.2.10. Amcor Limited
Chapter 11. Research Process
- 11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
- 11.2. Research Attributes
- 11.3. Research Assumption