The global healthcare packaging market is anticipated to grow at a CAGR of 6.4% during the forecast period. The importance of the sterile environment alongside appropriate design, supervision, and control of manufacturing processes is very critical in the healthcare packaging. This aids in preventing particle contamination that otherwise can alter the safety concerns and integrity of finished pharmaceutical products. Hence, the increasing costs and demands of healthcare products with clean, safe, and efficient packaging across the globe is significantly driving the growth of the healthcare packaging market.
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Alongside, the latest technological innovations in the healthcare packaging industry are maintaining the competitive environment among industry players. The market players are shifting their focus toward sustainable packaging. Such efforts by the medical devices and pharmaceutical companies are providing scope for the market growth during the forecast period. For instance, in August 2020, Parkside Flexibles Ltd. collaborated with TouchguardTM to launch a new packaging solution incorporating an antibacterial coating. The new development enables brands to protect consumers against potentially harmful bacteria.
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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
- , and others
Global Healthcare Packaging Market- Segmentation
By End-Use Vertical
- Pharmaceutical
- Medical Devices
By Material Type
- Plastics & Polymer
- Paper & Paperboard
- Others
Global Healthcare Packaging Market- Segment by Region
North America
- United States
- Canada
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East Africa
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 healthcare 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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