Healthcare Packaging Market by Packaging Type (Blister Packs, Bottles & Containers, Caps & Closures), Material (Glass, Nonwoven Material, Paper & Paperboard), End-User - Global Forecast 2024-2030

Healthcare Packaging Market by Packaging Type (Blister Packs, Bottles & Containers, Caps & Closures), Material (Glass, Nonwoven Material, Paper & Paperboard), End-User - Global Forecast 2024-2030

The Healthcare Packaging Market size was estimated at USD 43.38 billion in 2023 and expected to reach USD 46.54 billion in 2024, at a CAGR 7.45% to reach USD 71.79 billion by 2030.Healthcare packaging helps in protecting healthcare products from chemical deterioration by preventing exposure to oxygen, moisture, light, and temperature fluctuations. Healthcare packaging solutions are expanding due to the increase in illness occurrence, the growing pharmaceutical formulations, and the growing need for practical packaging options. The increasing awareness of environmental issues and government regulations pushes pharmaceutical organizations toward sustainable processes. However, fluctuating cost of raw materials and environmental concerns associated with the disposal of medical packaging is impeding the adoption of healthcare packaging. Healthcare companies are investing in advanced machines to increase packaging speed and efficiency. Digital technology, IoT, and the blockchain allow enterprises to connect appliances to smart devices, troubleshoot and report errors, optimize operations, gain insights into machine-wide data, and record data across the supply chain.Regional InsightsIn North America, the United States and Canada are countries with booming economies, aging population, well-developed healthcare delivery systems, gross domestic product (GDP) levels, and health insurance. As the United States faces high drug imports from countries other than Canada, the U.S. government has approved a pilot project for wholesalers and pharmacists to import FDA-approved drug versions from Canada, leveraging healthcare packaging imports from the country. The governments of developing nations such as China and India are making significant efforts to raise domestic medication production and advance pharmaceutical manufacturing capabilities. The growing pharmaceutical businesses in these countries are increasing the need for efficient packaging options. In 2021, Gerresheimer AG built two new plastic packaging production plants in China and India to address the demands of its clients for pharmaceutical packaging in these countries. Europe and Asia-Pacific are expected to witness a need for healthcare packaging owing to the rising elderly population, regional economic development, increasing per capita income in emerging economies, and improving healthcare infrastructure.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Healthcare Packaging Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Healthcare Packaging Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Healthcare Packaging Market, highlighting leading vendors and their innovative profiles. These include 3M Company, Aardvark Plastic Packaging Co. Ltd., Accu-Glass, LLC, Adelphi Group, Amcor PLC, AptarGroup, Inc., Berry Global Inc., Billerud AB, BOLSAPLAST S.L., Bormioli Pharma S.p.A., Cangzhou Four Stars Glass Co., Ltd., Catalent, Inc., Celanese Corporation, Comar, Constantia Flexibles Group GmbH, Corning Incorporated, DAKLAPACK GROUP, Drug Plastics Group, DS Smith PLC, Famacy Group, Gaplast GmbH, Gerresheimer AG, Honeywell International Inc., Huhtamäki Oyj, International Paper, Klöckner Pentaplast Group, KP Holding GmbH & Co. KG, Lonza Group Ltd., McKesson Corporation, MedicoPack A/S, Mondi PLC, Narang Medical Limited, Nipro Corporation, Nolato AB, Origin Pharma Packaging, Qosina Corp., Schott AG, Sealed Air Corporation, SFAM Group, SGD SA, Sonoco Products Company, Ströbel GmbH, Stölzle-Oberglas GmbH, Toray Plastics. Inc., Vetter Pharma International GmbH, Visy Group, Viva Healthcare Packaging, W. L. Gore & Associates, Inc., WestRock Company, and Winpak Ltd..

Market Segmentation & Coverage



This research report categorizes the Healthcare Packaging Market to forecast the revenues and analyze trends in each of the following sub-markets:

Packaging Type
Blister Packs
Bottles & Containers
Caps & Closures
Cartridges & Syringes
Labels
Paper Board Boxes
Pouch and Bags
Tubes
Vials and Ampoules
Material
Glass
Nonwoven Material
Paper & Paperboard
Polymer
End-User
Medical Devices
Pharmaceutical
Region
Americas
Argentina

Brazil

Canada

Mexico

United States
California

Florida

Illinois

New York

Ohio

Pennsylvania

Texas
Asia-Pacific
Australia

China

India

Indonesia

Japan

Malaysia

Philippines

Singapore

South Korea

Taiwan

Thailand

Vietnam
Europe, Middle East & Africa
Denmark

Egypt

Finland

France

Germany

Israel

Italy

Netherlands

Nigeria

Norway

Poland

Qatar

Russia

Saudi Arabia

South Africa

Spain

Sweden

Switzerland

Turkey

United Arab Emirates

United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Healthcare Packaging Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Healthcare Packaging Market?
3. What are the technology trends and regulatory frameworks in the Healthcare Packaging Market?
4. What is the market share of the leading vendors in the Healthcare Packaging Market?
5. Which modes and strategic moves are suitable for entering the Healthcare Packaging Market?

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