Market Overview:
The global healthcare packaging market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for pharmaceutical and medical devices packaging. Additionally, the growth in the Asia Pacific region is expected to be high due to the rising population and increasing disposable income. Some of the key players in this market are Amcor Ltd., Bemis Company, Inc., Berry Plastics Corporation, Covestro AG, DS Smith plc, Essentra PLC, Mondi Group plc.
Product Definition:
Healthcare packaging is the process and practice of enclosing or protecting healthcare products for storage, shipment, and use. It is an important part of the overall delivery of healthcare products to patients as it helps ensure that the product arrives at its destination in a safe and usable condition. Healthcare packaging also helps protect patients from potential harm caused by exposure to potentially harmful materials used in the manufacture of some healthcare products.
Primary Packaging:
Primary packaging is the first line of packaging, which protects the product from atmospheric conditions such as oxygen, carbon dioxide and other gaseous elements. Primary packaging also prevents products from contact with microorganisms and contamination by maintaining an internal environment conducive to product safety.
The healthcare industry has been witnessing significant growth over the past few years on account of rising population coupled with increasing prevalence of chronic diseases such as cancer & diabetes.
Secondary Packaging:
Secondary packaging is a protective packaging method used to increase the shelf life of the primary package. It involves surrounding the product with an additional container or wrapping it in paperboard, plastic film, and/or aluminum foil. Secondary packages can be single-use or multi-use depending on the application.
Application Insights:
Based on application, the market has been segmented into pharmaceutical, medical devices and other applications. The pharmaceutical segment dominated the overall industry in terms of revenue in 2017. This is attributed to factors such as increasing geriatric population across the globe, which requires constant monitoring and treatment for diseases. Moreover, an increase in chronic conditions has led to a rise in demand for medicines and healthcare products over the past few years.
The growing importance of patient safety coupled with rising awareness about product usage among consumers is expected to drive growth over the forecast period for healthcare packaging solutions within pharmaceuticals. On similar lines, an increase in investments by governments across various countries toward R&D activities related to new drug development is also likely to contribute toward industry growth during this period.
Regional Analysis:
North America dominated the global healthcare packaging market in 2017. The presence of well-established manufacturers and a large patient pool are some of the major factors contributing to market growth in this region. In addition, technological advancements coupled with an increase in R&D activities for drug development is expected to drive demand over the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to increasing government initiatives for improving healthcare infrastructure coupled with rising awareness regarding advanced medical treatments and products among patients, physicians, and hospitals. Moreover, economic development along with rapid urbanization has led many international pharmaceutical companies such as Johnson & Johnson; Merck & Co., Inc.; Bristol-Myers Squibb Company; Pfizer Inc.; Sanofi; Novartis AG etc.,to establish their manufacturing facilities in this region which will further boost demand during the forecast period (2018 - 2030).
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgeries is expected to grow at a CAGR of 7.8% from 2016 to 2021. This is primarily owing to the increasing incidence of lifestyle diseases, technological advancements in surgical procedures, and rising healthcare expenditure. Healthcare packaging products such as trays, cassettes, pouches, and labels are used in the packaging of medical devices and surgical instruments during minimally invasive surgeries. Thus, the growth of the global market for minimally invasive surgeries will have a positive impact on the healthcare packaging market.
- Rising demand for sterile medical devices: The global market for sterile medical devices is expected to grow at a CAGR of 9% from 2016 to 2021 due to factors such as an increase in chronic diseases (such as cancer), growing awareness about hygiene and safety among consumers, and technological advancements in sterilization techniques. Healthcare packaging products such as trays, cassettes, pouches/bags/sacks ,and labels are used during sterilization processes of medical devices .Thus ,the growthof thee steriledevicemarketwillhaveapositiveimpactonthehealthcarepackagingmarket .
Scope Of The Report
Report Attributes
Report Details
Report Title
Healthcare Packaging Market Research Report
By Type
Primary Packaging, Secondary Packaging
By Application
Pharmaceutical, Medical Devices
By Companies
Amcor, Baxter, BD, Amcor, Gerresheimer, Schott
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
189
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Healthcare Packaging Market Report Segments:
The global Healthcare Packaging market is segmented on the basis of:
Types
Primary Packaging, Secondary Packaging
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, Medical Devices
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
- Baxter
- BD
- Amcor
- Gerresheimer
- Schott
Highlights of The Healthcare 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:
- Primary Packaging
- Secondary Packaging
- By Application:
- Pharmaceutical
- Medical Devices
- 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 Healthcare 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
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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?
Healthcare packaging is the design, development and production of materials and products that are used in the medical industry to package, protect and transport medications, medical devices or other healthcare products.
Some of the major players in the healthcare packaging market are Amcor, Baxter, BD, Amcor, Gerresheimer, Schott.
The healthcare packaging market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Healthcare 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 Healthcare Packaging Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Healthcare 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 Healthcare 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 Healthcare Packaging Market Size & Forecast, 2018-2028
4.5.1 Healthcare Packaging Market Size and Y-o-Y Growth
4.5.2 Healthcare Packaging Market Absolute $ Opportunity
Chapter 5 Global Healthcare Packaging 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 Healthcare Packaging Market Size Forecast by Type
5.2.1 Primary Packaging
5.2.2 Secondary Packaging
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Healthcare Packaging 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 Healthcare Packaging Market Size Forecast by Applications
6.2.1 Pharmaceutical
6.2.2 Medical Devices
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Healthcare 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 Healthcare 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 Healthcare Packaging Analysis and Forecast
9.1 Introduction
9.2 North America Healthcare Packaging 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 Healthcare Packaging Market Size Forecast by Type
9.6.1 Primary Packaging
9.6.2 Secondary Packaging
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 Healthcare Packaging Market Size Forecast by Applications
9.10.1 Pharmaceutical
9.10.2 Medical Devices
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 Healthcare Packaging Analysis and Forecast
10.1 Introduction
10.2 Europe Healthcare Packaging 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 Healthcare Packaging Market Size Forecast by Type
10.6.1 Primary Packaging
10.6.2 Secondary Packaging
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 Healthcare Packaging Market Size Forecast by Applications
10.10.1 Pharmaceutical
10.10.2 Medical Devices
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 Healthcare Packaging Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Healthcare Packaging 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 Healthcare Packaging Market Size Forecast by Type
11.6.1 Primary Packaging
11.6.2 Secondary Packaging
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 Healthcare Packaging Market Size Forecast by Applications
11.10.1 Pharmaceutical
11.10.2 Medical Devices
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 Healthcare Packaging Analysis and Forecast
12.1 Introduction
12.2 Latin America Healthcare Packaging 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 Healthcare Packaging Market Size Forecast by Type
12.6.1 Primary Packaging
12.6.2 Secondary Packaging
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 Healthcare Packaging Market Size Forecast by Applications
12.10.1 Pharmaceutical
12.10.2 Medical Devices
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) Healthcare Packaging Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Healthcare Packaging 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) Healthcare Packaging Market Size Forecast by Type
13.6.1 Primary Packaging
13.6.2 Secondary Packaging
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) Healthcare Packaging Market Size Forecast by Applications
13.10.1 Pharmaceutical
13.10.2 Medical Devices
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 Healthcare Packaging Market: Competitive Dashboard
14.2 Global Healthcare Packaging Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Amcor
14.3.2 Baxter
14.3.3 BD
14.3.4 Amcor
14.3.5 Gerresheimer
14.3.6 Schott
