The medical packaging market is anticipated to grow at a CAGR of 6.1% during the forecast period. The medical packaging market is experiencing good growth owing to the advancing global healthcare sector coupled with increased healthcare spending. Medical packaging plays an important role in protecting any medical device quality throughout the transportation process and hence encourages its safe and effective use. The continuous innovation in sustainable packaging technology is significantly aiding in the growth of the medical packaging market during the forecast period.
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Moreover, the high growth in the utilization of implantable devices is also fostering the growth of the medical packaging market. However, the fluctuation in the prices of raw material used for packaging owing to the changing import-export regulation of the respective countries coupled with disruption in the supply chain is anticipated to hamper the growth of the medical packaging market. For instance, the recent outbreak of the COVID-19 pandemic in China has significantly affected the supply chain and availability of the raw material for packaging as most of the countries sealed their borders. However, the demand for medical devices (especially respiratory medical devices) is expected to witness significant growth all across the globe due to the COVID-19 pandemic. Moreover, reducing carbon footprint is one of the major challenges for the packaging industry. Hence, by introducing sustainable and eco-friendly packaging, companies can find significant opportunities in the global market.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Medical Packaging Market by Material Type
- Polymer
- Paper & Paperboard
- Non-woven fabric
Global Medical Packaging Market by Packaging Type
- Bags & Pouches
- Trays
- Boxes
- Others
Global Medical Packaging Market by Application
- Medical Tools & Equipment
- Medical Devices
- Diagnostic Products
- Implants
Global Medical Packaging Market byDevice Class
- Class I
- Class II
- Class III
Regional Analysis
- North America
- US
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Amcor Plc
- AptarGroup, Inc.
- Avery Dennison Corp.
- Ayka Medical Inc.
- Berry Global Inc.
- CCL Industries Corp.
- Constantia Flexibles Group GmbH
- DuPont de Nemours, Inc.
- Gerresheimer AG
- Hamer Packaging Technology, S.L.
- J-Pac, LLC
- KP Holding GmbH & Co.
- Oliver-Tolas Healthcare Packaging B.V.
- Placon Corp.
- Smiths Medical OEM
- Sonoco Products Co.
- Technipaq Inc.
- Tekni-Plex, Inc.
- Thomas Packaging LLC
- TOPPAN PRINTING CO., LTD.
- WestRock Co.
- Wihuri Packaging Oy (Wipak)
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global Medical packaging market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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