Medical Packaging Market Overview
Packaging is given as much weight in the healthcare industry as any other medical practice. As a result, much effort has been made to guarantee that medical packing is safe and secure, free of infection. Medical packaging is now considered extremely important, and demand has expanded dramatically in response to the expanding need in the healthcare sector. The desire to supply low-cost, hygienic products has boosted the demand for medical packaging. In the healthcare industry, technological breakthroughs are occurring at a rapid pace, and manufacturers want simple yet advanced procedures. The global Medical Packaging market is expected to rise at a considerable rate in the forthcoming years.
The trend of greater trail packaging, where consumers obtain lesser doses to see if their medicine suits them or not, is a crucial factor driving growth in the global medical packaging market. Different administrative focuses given out by the FDA must be followed for assembling the packaging types also contribute to the need for a competent type of medical packaging. The market's expansion is propelled by rising population, economic levels, and global awareness. Factors such as the growth of the implanted device and single-use disposable products markets, as well as an increase in awareness about hospital-acquired infections, are boosting the market. The medical packaging market has new growth opportunities thanks to the strong growth potential of the healthcare sector in emerging regions and advancements in medical device and equipment design and packaging.
Report Metric | Details |
Market size available for years | 2023–2030 |
Base year considered | 2023 |
Forecast period | 2024–2030 |
Forecast unit | Value (USD Million) |
Segments covered | Material, Applications, Packaging type, Packing Type, and Region |
Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
Companies covered | Bemis Company, Inc., Alpha Packaging, Amcor Limited, Schott AG, Gerresheimer AG, West Rock Company, Wipak Ltd., Becton Dickinson and Company, E. I. du Pont de Nemours and Company, and Mondi Group. . |
Covid-19 Impact on Medical Packaging Market
In addition, the current Medical Packaging Market study offers a detailed analysis of the current COVID-19 pandemic impact on the market growth and its influence on the future growth of the Medical Packaging Market. The recently published report demonstrates the elevation in the demand for the healthcare sector. The healthcare manufacturers have experienced long term as well as short term effect which includes supply shortages, panic buying, and stocking, regulation changes as short-term whereas approval delays and possible trend variations in consumption could be perceived as long-term impacts of COVID-19 on the health and pharmaceutical market.
The increasing need for a cure has pushed vaccine research and manufacturers to the limit. In addition to this, panic conditions have already spurred the demand for many healthcare products and services which are discussed in detail in this report. Moreover, the impact of COVID-19 on overall market revenue for the base year 2020 and its projection up to 2027 is provided in detail in this report.
Medical Packaging Market Segment Overview
Based on the Application, the Equipment & tools segment accounted for the largest share in the global Medical Packaging market. Medical equipment is widely utilized in hospitals around the world for a variety of applications, including dental, cardiovascular, orthodontics, wound care, and many others; as a result, it commands the largest market share. Furthermore, the devices segment is another most important segment in the market. Their substantial market share in the packaging market can be attributed to the large number of devices utilized in the medical industry.
Medical Packaging Market, By Material
· Polymer
· Paper and paperboard
· Nonwoven material
· Others
Medical Packaging Market, By Applications
· Equipment & tools
· Devices
· IVD
· Implants
Medical Packaging Market, By Packaging type
· Bags And Pouches
· Trays
· Boxes
· Others
Medical Packaging Market, By Packing Type
· Primary
· Secondary
· Tertiary
Medical Packaging Market Regional Overview
Geographically, North America holds the largest share of the global Medical Packaging market and is expected to hold a significant share in the forthcoming years. The presence of a large number of leading players in the region is the prime factor for the growth of the market. similarly, the market in the Asia Pacific is expected to show notable growth in the coming years. This is owing to the rising popularity of well-learned people in the region who demand advanced and well-packaged products. Moreover, increasing knowledge among people about the side effects of bad packaging has further led to demand for medical packaging in the region. Europe is expected to maintain a steady pace of growth in the medical packaging industry. Moreover, due to rising administrative demand for quality checks and validation of products under particular norms, the Middle East and Africa, as well as Latin America, are likely to drive further expansion in the global medical packaging market in the coming years.
Medical Packaging Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Medical Packaging Market, Key Players
· Bemis Company, Inc.
· Alpha Packaging
· Amcor Limited
· Schott AG
· Gerresheimer AG
· West Rock Company
· Wipak Ltd.
· Becton Dickinson and Company
· E. I. du Pont de Nemours and Company
· Mondi Group
Frequently Asked Questions (FAQ) :
Q1. What are the driving factors for the Medical Packaging market?
The trend of greater trail packaging, where consumers obtain lesser doses to see if their medicine suits them or not, is a crucial factor driving growth in the global medical packaging market.
Q2. Which Segments are covered in the Medical Packaging Market report?
Material, Applications, Packaging type, Packing Type, and Region. these segments are covered in the Medical Packaging market report
Q3. Which segment is projected to hold the largest share in the Medical Packaging Market?
The equipment & tools segment is projected to hold the largest share in the Medical Packaging Market.
Q4. Which region holds the largest share in the Medical Packaging market?
North America held the largest share in the global Medical Packaging market
Q5. Which are the prominent players in the Medical Packaging Market?
Bemis Company, Inc., Alpha Packaging, Amcor Limited, Schott AG, Gerresheimer AG, West Rock Company, Wipak Ltd., Becton Dickinson and Company, E. I. du Pont de Nemours and Company, and Mondi Group. are some key players in the Medical Packaging Market
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Medical Packaging Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Material
- 5.2.1. Polymer
- 5.2.2. Paper and paperboard
- 5.2.3. Nonwoven material
- 5.2.4. Others
- 5.3. Market Analysis, Insights and Forecast – By Applications
- 5.3.1. Equipment & tools
- 5.3.2. Devices
- 5.3.3. IVD
- 5.3.4. Implants
- 5.4. Market Analysis, Insights and Forecast – By Packaging type
- 5.4.1. Bags And Pouches
- 5.4.2. Trays
- 5.4.3. Boxes
- 5.4.4. Others
- 5.5. Market Analysis, Insights and Forecast – By Packing Type
- 5.5.1. Primary
- 5.5.2. Secondary
- 5.5.3. Tertiary
- 5.6. Market Analysis, Insights and Forecast – By Region
- 5.6.1. North America
- 5.6.2. Europe
- 5.6.3. Asia Pacific
- 5.6.4. Latin America, Middle East and Africa
6. North America Medical Packaging Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Material
- 6.2.1. Polymer
- 6.2.2. Paper and paperboard
- 6.2.3. Nonwoven material
- 6.2.4. Others
- 6.3. Market Analysis, Insights and Forecast – By Applications
- 6.3.1. Equipment & tools
- 6.3.2. Devices
- 6.3.3. IVD
- 6.3.4. Implants
- 6.4. Market Analysis, Insights and Forecast – By Packaging type
- 6.4.1. Bags And Pouches
- 6.4.2. Trays
- 6.4.3. Boxes
- 6.4.4. Others
- 6.5. Market Analysis, Insights and Forecast – By Packing Type
- 6.5.1. Primary
- 6.5.2. Secondary
- 6.5.3. Tertiary
- 6.6. Market Analysis, Insights and Forecast – By Country
- 6.6.1. U.S.
- 6.6.2. Canada
7. Europe Medical Packaging Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Material
- 7.2.1. Polymer
- 7.2.2. Paper and paperboard
- 7.2.3. Nonwoven material
- 7.2.4. Others
- 7.3. Market Analysis, Insights and Forecast – By Applications
- 7.3.1. Equipment & tools
- 7.3.2. Devices
- 7.3.3. IVD
- 7.3.4. Implants
- 7.4. Market Analysis, Insights and Forecast – By Packaging type
- 7.4.1. Bags And Pouches
- 7.4.2. Trays
- 7.4.3. Boxes
- 7.4.4. Others
- 7.5. Market Analysis, Insights and Forecast – By Packing Type
- 7.5.1. Primary
- 7.5.2. Secondary
- 7.5.3. Tertiary
- 7.6. Market Analysis, Insights and Forecast – By Country
- 7.6.1. UK
- 7.6.2. Germany
- 7.6.3. France
- 7.6.4. Italy
- 7.6.5. Spain
- 7.6.6. Russia
- 7.6.7. Rest of Europe
8. Asia Pacific Medical Packaging Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Material
- 8.2.1. Polymer
- 8.2.2. Paper and paperboard
- 8.2.3. Nonwoven material
- 8.2.4. Others
- 8.3. Market Analysis, Insights and Forecast – By Applications
- 8.3.1. Equipment & tools
- 8.3.2. Devices
- 8.3.3. IVD
- 8.3.4. Implants
- 8.4. Market Analysis, Insights and Forecast – By Packaging type
- 8.4.1. Bags And Pouches
- 8.4.2. Trays
- 8.4.3. Boxes
- 8.4.4. Others
- 8.5. Market Analysis, Insights and Forecast – By Packing Type
- 8.5.1. Primary
- 8.5.2. Secondary
- 8.5.3. Tertiary
- 8.6. Market Analysis, Insights and Forecast – By Country
- 8.6.1. China
- 8.6.2. India
- 8.6.3. Japan
- 8.6.4. Australia
- 8.6.5. South East Asia
- 8.6.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Medical Packaging Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Material
- 9.2.1. Polymer
- 9.2.2. Paper and paperboard
- 9.2.3. Nonwoven material
- 9.2.4. Others
- 9.3. Market Analysis, Insights and Forecast – By Applications
- 9.3.1. Equipment & tools
- 9.3.2. Devices
- 9.3.3. IVD
- 9.3.4. Implants
- 9.4. Market Analysis, Insights and Forecast – By Packaging type
- 9.4.1. Bags And Pouches
- 9.4.2. Trays
- 9.4.3. Boxes
- 9.4.4. Others
- 9.5. Market Analysis, Insights and Forecast – By Packing Type
- 9.5.1. Primary
- 9.5.2. Secondary
- 9.5.3. Tertiary
- 9.6. Market Analysis, Insights and Forecast – By Country
- 9.6.1. Brazil
- 9.6.2. Saudi Arabia
- 9.6.3. UAE
- 9.6.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Bemis Company, Inc.
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Alpha Packaging
- 10.6. Amcor Limited
- 10.7. Schott AG
- 10.8. Gerresheimer AG
- 10.9. West Rock Company
- 10.10. Wipak Ltd.
- 10.11. Becton Dickinson and Company
- 10.12. E. I. du Pont de Nemours and Company
- 10.13. Mondi Group
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESSPrimary Research
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model