Market Overview:
The global paper medical packaging market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for paper medical packaging from the pharmaceutical and medical devices industries. In addition, the growing trend of using sustainable and environment-friendly materials is also contributing to the growth of this market. Some of the major players operating in this market are Amcor Ltd., Mondi Group, DS Smith Plc., Smurfit Kappa Group PLC, Georgia-Pacific LLC, International Paper Company, and WestRock Company among others.
Product Definition:
Medical packaging is a type of paper packaging that is used to store and protect medical supplies and equipment. Medical packaging can be made from a variety of materials, including paper, cardboard, plastic, and metal. Paper medical packaging is often used to package small medical supplies such as syringes or bandages. It can also be used to package larger items such as hospital beds or wheelchairs. The main benefit of using paper medical packaging is that it is lightweight and easy to fold up for storage. It also provides some protection against moisture and dust.
Paperboard:
Paperboard is a material made from wood pulp, which is used for packaging various products such as tissues, paper towels, toilet paper and household tissue. The growth factor in the market is increasing demand for eco-friendly and sustainable packaging solutions globally due to growing environmental concerns.
Increasing disposable income coupled with changing lifestyles has led to an increase in the consumption of packaged goods such as tissues, papers towels etc., this factor will drive the global market over the forecast period.
Container board:
Container board is a type of wood that is processed into boards and then further processed into paper-based packaging products. It has high strength, durability, and low water absorption compared to other types of wood used for making paper-based packaging products. The product can be manufactured using different processes depending on the desired end product including corrugated boxes or flat sheets.
The global container board market size was valued at USD 4.6 billion in 2016.
Application Insights:
The pharmaceutical application segment accounted for the largest revenue share in 2017 and is projected to continue its dominance over the forecast period. This can be attributed to factors such as stringent regulations regarding packaging of medicines, high demand from pharmaceutical companies, and availability of advanced products.
Medical devices are expected to be the fastest-growing application segment during the forecast period owing to increasing investments by manufacturers in research & development activities for improving product quality. For instance, according to a study published by IIAPB (International Institute of Refrigeration and cold storage) titled ¢â‚¬Å“Refrigeration Equipment Market Size, Share & Trends Analysis Report By Product (Ventilation Systems, Cold Storage Systems), By Application (Food Processing/Hospitality Industry), And Segment Forecasts To 2022¢â‚¬ estimates that global market will reach USD 1.5 billion by 2022 with a CAGR around 8% over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing healthcare expenditure, rising awareness about advanced packaging materials, and growing exports from developed countries. China is a major exporter of medical supplies globally on account of low manufacturing cost coupled with easy availability of labor and raw material in the country.
The Asia Pacific market for paper medical packaging was estimated at USD X million in 2017 owing to high consumption by pharmaceutical industry due to large population base, favorable government policies encouraging FDI through tax benefits under Inward Direct Investment (IDI) scheme along with other such factors are driving this sector which will help boost overall growth during the forecast period 8).
Growth Factors:
- Increasing demand for paper medical packaging from the pharmaceutical and biotechnology industries due to its features such as moisture resistance, chemical resistance, and high barrier properties.
- Rising demand for sustainable and environment-friendly packaging solutions across all end-use industries.
- Growing popularity of paper medical packaging among consumers due to its recyclability and compostability attributes.
- Proliferation of e-commerce platforms that are fuelling the demand for lightweight and compact medical packaging solutions.
Scope Of The Report
Report Attributes
Report Details
Report Title
Paper Medical Packaging Market Research Report
By Type
Paperboard, Container board, Corrugated board, Kraft Paper, Other
By Application
Pharmaceutical, Medical Devices, Hospital Supplies, Others
By Companies
Westrock, International Paper, Amcor Ltd, Kapstone LLC, Mondi Group, Sappi Ltd, DS Smith PLC, Sonoco Corporation, Clearwater Inc., Carauster Industries Inc., Tetra PaK International SA, Shenzhen YUTO Packagin, Xiamen Hexing Packaging Printing
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Paper Medical Packaging Market Report Segments:
The global Paper Medical Packaging market is segmented on the basis of:
Types
Paperboard, Container board, Corrugated board, Kraft Paper, Other
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, Hospital Supplies, 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:
- Westrock
- International Paper
- Amcor Ltd
- Kapstone LLC
- Mondi Group
- Sappi Ltd
- DS Smith PLC
- Sonoco Corporation
- Clearwater Inc.
- Carauster Industries Inc.
- Tetra PaK International SA
- Shenzhen YUTO Packagin
- Xiamen Hexing Packaging Printing
Highlights of The Paper 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:
- Paperboard
- Container board
- Corrugated board
- Kraft Paper
- Other
- By Application:
- Pharmaceutical
- Medical Devices
- Hospital Supplies
- 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 Paper 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
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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?
Paper medical packaging is a type of packaging that uses paper as the primary material. Paper medical packaging can be used for a variety of products, including pharmaceuticals, vitamins, and other health-related items.
Some of the key players operating in the paper medical packaging market are Westrock, International Paper, Amcor Ltd, Kapstone LLC, Mondi Group, Sappi Ltd, DS Smith PLC, Sonoco Corporation, Clearwater Inc., Carauster Industries Inc., Tetra PaK International SA, Shenzhen YUTO Packagin, Xiamen Hexing Packaging Printing.
The paper medical packaging market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Paper 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 Paper Medical Packaging Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Paper 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 Paper 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 Paper Medical Packaging Market Size & Forecast, 2018-2028
4.5.1 Paper Medical Packaging Market Size and Y-o-Y Growth
4.5.2 Paper Medical Packaging Market Absolute $ Opportunity
Chapter 5 Global Paper Medical 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 Paper Medical Packaging Market Size Forecast by Type
5.2.1 Paperboard
5.2.2 Container board
5.2.3 Corrugated board
5.2.4 Kraft Paper
5.2.5 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Paper Medical 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 Paper Medical Packaging Market Size Forecast by Applications
6.2.1 Pharmaceutical
6.2.2 Medical Devices
6.2.3 Hospital Supplies
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Paper 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 Paper 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 Paper Medical Packaging Analysis and Forecast
9.1 Introduction
9.2 North America Paper Medical 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 Paper Medical Packaging Market Size Forecast by Type
9.6.1 Paperboard
9.6.2 Container board
9.6.3 Corrugated board
9.6.4 Kraft Paper
9.6.5 Other
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 Paper Medical Packaging Market Size Forecast by Applications
9.10.1 Pharmaceutical
9.10.2 Medical Devices
9.10.3 Hospital Supplies
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 Paper Medical Packaging Analysis and Forecast
10.1 Introduction
10.2 Europe Paper Medical 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 Paper Medical Packaging Market Size Forecast by Type
10.6.1 Paperboard
10.6.2 Container board
10.6.3 Corrugated board
10.6.4 Kraft Paper
10.6.5 Other
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 Paper Medical Packaging Market Size Forecast by Applications
10.10.1 Pharmaceutical
10.10.2 Medical Devices
10.10.3 Hospital Supplies
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 Paper Medical Packaging Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Paper Medical 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 Paper Medical Packaging Market Size Forecast by Type
11.6.1 Paperboard
11.6.2 Container board
11.6.3 Corrugated board
11.6.4 Kraft Paper
11.6.5 Other
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 Paper Medical Packaging Market Size Forecast by Applications
11.10.1 Pharmaceutical
11.10.2 Medical Devices
11.10.3 Hospital Supplies
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 Paper Medical Packaging Analysis and Forecast
12.1 Introduction
12.2 Latin America Paper Medical 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 Paper Medical Packaging Market Size Forecast by Type
12.6.1 Paperboard
12.6.2 Container board
12.6.3 Corrugated board
12.6.4 Kraft Paper
12.6.5 Other
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 Paper Medical Packaging Market Size Forecast by Applications
12.10.1 Pharmaceutical
12.10.2 Medical Devices
12.10.3 Hospital Supplies
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) Paper Medical Packaging Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Paper Medical 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) Paper Medical Packaging Market Size Forecast by Type
13.6.1 Paperboard
13.6.2 Container board
13.6.3 Corrugated board
13.6.4 Kraft Paper
13.6.5 Other
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) Paper Medical Packaging Market Size Forecast by Applications
13.10.1 Pharmaceutical
13.10.2 Medical Devices
13.10.3 Hospital Supplies
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 Paper Medical Packaging Market: Competitive Dashboard
14.2 Global Paper Medical Packaging Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Westrock
14.3.2 International Paper
14.3.3 Amcor Ltd
14.3.4 Kapstone LLC
14.3.5 Mondi Group
14.3.6 Sappi Ltd
14.3.7 DS Smith PLC
14.3.8 Sonoco Corporation
14.3.9 Clearwater Inc.
14.3.10 Carauster Industries Inc.
14.3.11 Tetra PaK International SA
14.3.12 Shenzhen YUTO Packagin
14.3.13 Xiamen Hexing Packaging Printing
