North America Healthcare Packaging Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The North American healthcare packaging market (henceforth, referred to as the market studied) was valued at USD 45.3 billion in 2019, and it is expected to reach USD 65.6 billion by 2025, registering a CAGR of 6.37%, during the period of 2020-2025. The healthcare industry has widely evolved from its traditional form of practices to its current position, where the high-tech equipment and instruments are deployed to improve efficiency, in addition to the increasing demand for sustainable packaging and processing operations.
Key HighlightsThe North America Healthcare Packaging Market is moderately competitive with the market players are benefiting from innovation, primarily due to the presence of semi-differentiated offerings among the players in the region, The major companies in the market have enabled a sustainable competitive advantage over other players with new innovation.
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