The global Plastic Medical Packaging market was valued at US$ 16570 million in 2019 and is expected to reach US$ 24670 million by the end of 2026, growing at a CAGR of 6.0% during 2021-2026.
Plastic Medical Packaging refers to the packaging products made of plastic, including bags, forming films, and laminations and pouches and others. Highly valued for adaptability, protective properties, and cost-effectiveness, plastics are uniquely suited to meet the stringent standards and requirements of the medical packaging industry.
The leading manufactures mainly are Amcor, Gerresheimer, ALPLA, Wihuri Group, Sealed Air, Berry Plastics, Constantia Flexibles, OLIVER, FUJIMORI, Rengo, Nelipak Healthcare, Coveris, Printpack, Sonoco, ACG, Southern Packaging, Prince New Material, etc. Amcor is the largest manufacturer; its revenue of global market exceeds 7% in 2019.
Global Plastic Medical Packaging Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Plastic Medical Packaging Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Amcor, Gerresheimer, Alpla, Wihuri Group, Sealed Air, Berry Plastics, Constantia Flexibles, Oliver, Fujimori, Rengo, Nelipak Healthcare, Coveris, Printpack, Sonoco, Acg, Southern Packaging, Prince New Material and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- Flexible Packaging
- Rigid Packaging
In 2020, Flexible Packaging accounts for a share of 36.73% the global Plastic Medical Packaging market, this product segment is poised to reach US$ 10684.67 million by 2026 from US$ 6394.55 million in 2020.
Segment by Application
- Medical Devices
- Hospital Supplies
Based on the Plastic Medical Packaging end users, the Plastic Medical Packaging market is sub-segmented into several major Application, like Medical Devices, Hospital Supplies, etc.
Table of Content:
1 Plastic Medical Packaging Market Overview
2 Plastic Medical Packaging Market Competition by Manufacturers
3 Plastic Medical Packaging Retrospective Market Scenario by Region
4 Global Plastic Medical Packaging Historic Market Analysis by Type
5 Global Plastic Medical Packaging Historic Market Analysis by Application
6 Key Companies Profiled
7 Plastic Medical Packaging Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Plastic Medical Packaging Market Dynamics
10 Global Plastic Medical Packaging Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.