US Healthcare Packaging Market Will Exhibit an Impressive Expansion by 2024-2031

The US healthcare packaging market is anticipated to grow at a CAGR of 5.1% during the forecast period. The major factor driving the growth of the US healthcare packaging industry includes the early adoption of the latest technologies which enables the manufacturers to easily handle the complexity of packaging materials and the technologically advanced nature of healthcare products. Moreover, the quality of the packaging of healthcare products plays an essential role in the protection and maintain the quality of the inside product. Therefore, the strict regulations by the FDA and other government agencies on the healthcare products will significantly impact the growth of the healthcare packaging market during the forecast period.

 

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The concerns regarding sustainable packaging are increasing considerably in recent years across the country. Hence, healthcare packaging manufacturers are moving towards the adoption of recycle-cycling. This is anticipated to significantly impact the shares of the healthcare packaging industry in the US. In addition to this, several healthcare packaging companies in the US are using recyclable medical packaging as their marketing strategy considering the increased awareness regarding the advantages of recycled packaging material among the population. Moreover, the evolving consumer and medical professionals’ preferences for unit-dose and other convenient drug delivery formats will also boost the US healthcare packaging market across the country.

 

US Healthcare Packaging Market Report Segment

 

By End-Use Vertical

  • Pharmaceutical
  • Medical Devices

By Material Type

  • Polymer
  • Paper & Paperboard
  • Others (Glass and Metals)

A full report of US Healthcare Packaging Market is available at: https://www.omrglobal.com/industry-reports/us-healthcare-packaging-market

 

Company Profiles

  • 3M Co.
  • Com-Pac International Inc.
  • Corning Inc.
  • Eastman Chemical Co.
  • Oliver Products Co.
  • Packaging Technology Group, Inc. (PTG)
  • QuickPouch
  • Sonoco Products Co.
  • Technipaq Inc.
  • Tekni-Plex, Inc.
  • WestRock Co.
  • Winpak Ltd.

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