Market Overview:
The global flexible medical packaging market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for medical devices and implants, and the growing pharmaceutical industry. In terms of type, the plastic segment is expected to dominate the global flexible medical packaging market during the forecast period. This can be attributed to its properties such as durability, flexibility, and resistance to moisture and chemicals.
Product Definition:
Flexible medical packaging is a term used to describe the use of flexible materials, such as plastics and elastomers, in the manufacturing of medical devices and products.
Plastic:
Plastic is a versatile material that has been used in the medical industry for packaging and protecting various products. It can be used as a substitute to glass, ceramic, wood or metal. The global plastic market is expected to grow at an approximate CAGR of XX% over the forecast period owing to its properties such as lightweight, durability & flexibility along with low cost & high performance ratio.
Paper:
Paper is a material made from cellulose fibers that are extracted from natural sources such as wood and cotton. Cellulose, being a natural product, can be recycled and reused. The manufacturing process of paper does not alter the chemical or physical properties of the materials used in its production; it is biodegradable and renewable which makes it an ideal choice for flexible medical packaging market.
Application Insights:
Based on application, the market is segmented into pharmaceutical manufacturing, medical device manufacturing, implant manufacturing and others. The pharmaceutical industry dominated the overall market in terms of revenue share in 2017. This can be attributed to factors such as increasing healthcare spending by governments as well as individuals along with growing demand for various drugs across the globe.
Medical devices are expected to witness significant growth over the forecast period owing to increasing investments by companies within this sector for R&D activities related to packaging materials and technologies that enhance product quality and safety while reducing operational costs. Flexible packaging solutions help preserve bio-compatible components during transportation & storage which helps maintain product integrity throughout its life cycle from concept development stage through production & distribution stages.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing healthcare spending, rising awareness about chronic diseases and their treatment, and growing medical device manufacturing in this region. In addition, favorable government initiatives for establishing pharmaceutical units in emerging countries such as China and India are anticipated to fuel regional growth during the forecast period.
Europe was estimated at USD X million in 2017 owing to high demand from several major industries including pharmaceuticals, medical devices & implants, food & beverage sector etc., which are based there.
North America accounted for a significant share of global revenue owing to high demand from several key sectors including healthcare/medical devices & implants; pharmaceuticals; nutraceuticals; food processing/beverages etc.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global flexible medical packaging market is expected to grow at a CAGR of 6.5% during the forecast period, owing to the increasing demand for minimally invasive surgeries. Flexible medical packaging helps in reducing surgical trauma and also aids in quick post-operative recovery.
- Rising prevalence of chronic diseases: The global flexible medical packaging market is expected to grow at a CAGR of 6.5% during the forecast period, owing to the rising prevalence of chronic diseases such as cancer, diabetes, and cardiovascular disorders across the globe. Flexible medical packaging helps in storing and transporting drugs and devices used for treatment of these diseases safely and securely.
Scope Of The Report
Report Attributes
Report Details
Report Title
Flexible Medical Packaging Market Research Report
By Type
Plastic, Paper, Aluminum, Others
By Application
Pharmaceutical Manufacturing, Medical Device Manufacturing, Implant Manufacturing, Others
By Companies
Amcor, Huhatamaki, Becton Dickinson&Company, Berry Plastics Group, Aptar Group, Datwyler Holdings, Westrock Company, Mondi Group, Winpak, Glenroy
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
155
Number of Tables & Figures
109
Customization Available
Yes, the report can be customized as per your need.
Global Flexible Medical Packaging Market Report Segments:
The global Flexible Medical Packaging market is segmented on the basis of:
Types
Plastic, Paper, Aluminum, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pharmaceutical Manufacturing, Medical Device Manufacturing, Implant Manufacturing, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Amcor
- Huhatamaki
- Becton Dickinson&Company
- Berry Plastics Group
- Aptar Group
- Datwyler Holdings
- Westrock Company
- Mondi Group
- Winpak
- Glenroy
Highlights of The Flexible Medical Packaging Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Plastic
- Paper
- Aluminum
- Others
- By Application:
- Pharmaceutical Manufacturing
- Medical Device Manufacturing
- Implant Manufacturing
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Flexible Medical Packaging Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Flexible medical packaging is a type of medical packaging that allows for a wide range of customization and flexibility. This type of packaging can be used to package various types of medications, including oral medications, injectables, and patches. Flexible medical packaging can also be used to package other types of health products, such as supplements or eyeglasses.
Some of the major companies in the flexible medical packaging market are Amcor, Huhatamaki, Becton Dickinson&Company, Berry Plastics Group, Aptar Group, Datwyler Holdings, Westrock Company, Mondi Group, Winpak, Glenroy.
The flexible medical packaging market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Flexible Medical Packaging Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Flexible Medical Packaging Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Flexible Medical Packaging Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Flexible Medical Packaging Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Flexible Medical Packaging Market Size & Forecast, 2020-2028
4.5.1 Flexible Medical Packaging Market Size and Y-o-Y Growth
4.5.2 Flexible Medical Packaging Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Plastic
5.2.2 Paper
5.2.3 Aluminum
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Pharmaceutical Manufacturing
6.2.2 Medical Device Manufacturing
6.2.3 Implant Manufacturing
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Flexible Medical Packaging Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Flexible Medical Packaging Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Plastic
9.6.2 Paper
9.6.3 Aluminum
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Pharmaceutical Manufacturing
9.10.2 Medical Device Manufacturing
9.10.3 Implant Manufacturing
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Plastic
10.6.2 Paper
10.6.3 Aluminum
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Pharmaceutical Manufacturing
10.10.2 Medical Device Manufacturing
10.10.3 Implant Manufacturing
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Plastic
11.6.2 Paper
11.6.3 Aluminum
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Pharmaceutical Manufacturing
11.10.2 Medical Device Manufacturing
11.10.3 Implant Manufacturing
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Plastic
12.6.2 Paper
12.6.3 Aluminum
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Pharmaceutical Manufacturing
12.10.2 Medical Device Manufacturing
12.10.3 Implant Manufacturing
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Plastic
13.6.2 Paper
13.6.3 Aluminum
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Pharmaceutical Manufacturing
13.10.2 Medical Device Manufacturing
13.10.3 Implant Manufacturing
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Flexible Medical Packaging Market: Competitive Dashboard
14.2 Global Flexible Medical Packaging Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Amcor
14.3.2 Huhatamaki
14.3.3 Becton Dickinson&Company
14.3.4 Berry Plastics Group
14.3.5 Aptar Group
14.3.6 Datwyler Holdings
14.3.7 Westrock Company
14.3.8 Mondi Group
14.3.9 Winpak
14.3.10 Glenroy
