Market Overview:
The global sterile medical plastic 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 sterile medical plastic packaging from the pharmaceutical and medical devices industries. In addition, the growing awareness about hygiene and safety among consumers is also contributing to the growth of this market. The global sterile medical plastic packaging market can be segmented on the basis of type into flexible packaging and rigid packaging. The flexible packaging segment is expected to grow at a higher CAGR than the rigid packaging segment during the forecast period from 2018 to 2030. This can be attributed to its advantages such as low weight, high flexibility, and easy handling compared with rigid packages. On the basis of application, this market can be divided into pharmaceuticals, medical devices, hospital supplies, and others (including cosmetics). The pharmaceuticals application segment is estimated to account for a major share of this market in 2018 owing to rising demand for packaged drugs across regions worldwide.
Product Definition:
Sterile medical plastic packaging is a type of packaging that is used to store and transport medical supplies and equipment. This type of packaging helps to protect the supplies from contamination and helps to keep them sterile. The importance of sterile medical plastic packaging is that it helps to ensure the safety of patients by protecting them from potential infection.
Flexible Packaging:
Flexible packaging is a category of packaging that allows for greater design flexibility and adaptability to the product being packed. Flexible packaging includes films, pouches, wraps, bags and others. It's primary characteristic is to protect products from damage during transportation or storage. Flexible plastic packaging can be used for both rigid as well as soft products (food & beverage).
Rigid Packaging:
Rigid packaging is a type of packaging that restricts the movement of an object inside the container. It can be used for both sterile and non-sterile products. Rigid packaging offers protection from external impact, vibration, moisture or tamper to ensure drug safety and integrity. The most common example of rigid packaging in the market is probably medical syringes where it prevents leakage during transport and storage.
Application Insights:
The pharmaceutical application segment accounted for the largest share of over 40.0% in 2017 and is anticipated to witness significant growth over the forecast period. This can be attributed to increasing government funding for promoting generic drugs, growing preference for generic medicines due to rising health consciousness among people, and favorable reimbursement policies.
Medical devices are expected to be one of the fastest-growing segments during the forecast period owing to increasing investments by companies in developing new products and services, which will help improve healthcare delivery systems globally. The others segment includes personal care products & cosmetics packaging; food & beverage packaging; retail packaging; industrial assembly/disassembly line cleaning; transportation/logistics containers etc.
Regional Analysis:
North America dominated the global market in 2017. The growth of this region can be attributed to rising healthcare spending, increasing adoption of advanced technologies and products, and presence of major players in this region. In addition, stringent regulatory framework for contamination is one major factor driving the demand for sterilized plastic packaging materials in North America.
Asia Pacific is expected to witness a significant CAGR over the forecast period owing to factors such as rapidly growing medical & pharmaceutical industry due to rising geriatric population count; improving healthcare infrastructure with an increase number of hospitals & clinics; and rise awareness about new technology products used for medication delivery process.
Growth Factors:
- Increasing demand for sterile medical packaging from the pharmaceutical and biotechnology industries to protect products from contamination and extend shelf life.
- Rising prevalence of chronic diseases such as cancer, diabetes, and heart diseases that require treatment with expensive drugs and therapies, which in turn is fueling the demand for sterile medical packaging.
- Growing number of surgical procedures requiring use of sterile medical packaging products to prevent infection during surgery.
- Technological advancements in sterilization methods that are making it easier to produce high-quality sterile medical packaging products at low cost.
Scope Of The Report
Report Attributes
Report Details
Report Title
Sterile Medical Plastic Packaging Market Research Report
By Type
Flexible Packaging, Rigid Packaging
By Application
Pharmaceutical, Medical Devices, Hospital Supplies, Others
By Companies
Amcor, Gerresheimer, ALPLA, Wihuri Group, Sealed Air, Constantia Flexibles, OLIVER, FUJIMORI, Rengo, Nelipak Healthcare, Coveris, Printpack, Sonoco
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
129
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Sterile Medical Plastic Packaging Market Report Segments:
The global Sterile Medical Plastic Packaging market is segmented on the basis of:
Types
Flexible Packaging, Rigid 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, 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:
- Amcor
- Gerresheimer
- ALPLA
- Wihuri Group
- Sealed Air
- Constantia Flexibles
- OLIVER
- FUJIMORI
- Rengo
- Nelipak Healthcare
- Coveris
- Printpack
- Sonoco
Highlights of The Sterile Medical Plastic 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:
- Flexible Packaging
- Rigid Packaging
- 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 Sterile Medical Plastic 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
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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?
Sterile medical packaging is a type of packaging that is designed to protect the contents from contamination. Sterile medical packaging typically includes a sterile seal and is often used to transport medications, vaccines, or other health-related products.
Some of the major players in the sterile medical plastic packaging market are Amcor, Gerresheimer, ALPLA, Wihuri Group, Sealed Air, Constantia Flexibles, OLIVER, FUJIMORI, Rengo, Nelipak Healthcare, Coveris, Printpack, Sonoco.
The sterile medical plastic 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 Sterile Medical Plastic 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 Sterile Medical Plastic Packaging Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Sterile Medical Plastic 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 Sterile Medical Plastic 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 Sterile Medical Plastic Packaging Market Size & Forecast, 2020-2028
4.5.1 Sterile Medical Plastic Packaging Market Size and Y-o-Y Growth
4.5.2 Sterile Medical Plastic 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 Flexible Packaging
5.2.2 Rigid Packaging
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
6.2.2 Medical Devices
6.2.3 Hospital Supplies
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sterile Medical Plastic 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 Sterile Medical Plastic 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 Flexible Packaging
9.6.2 Rigid 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 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 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 Flexible Packaging
10.6.2 Rigid 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 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 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 Flexible Packaging
11.6.2 Rigid 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 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 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 Flexible Packaging
12.6.2 Rigid 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 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) 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 Flexible Packaging
13.6.2 Rigid 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) 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 Sterile Medical Plastic Packaging Market: Competitive Dashboard
14.2 Global Sterile Medical Plastic Packaging Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Amcor
14.3.2 Gerresheimer
14.3.3 ALPLA
14.3.4 Wihuri Group
14.3.5 Sealed Air
14.3.6 Constantia Flexibles
14.3.7 OLIVER
14.3.8 FUJIMORI
14.3.9 Rengo
14.3.10 Nelipak Healthcare
14.3.11 Coveris
14.3.12 Printpack
14.3.13 Sonoco
