Download The Findit App

Share Your Posts On These Major Social Networks

Instatag Your Posts to Instagram Facebook + Twitter

Right Now

Medical Flexible Packaging Market Research Report
Analysis


Medical Flexible Packaging Market

Medical Flexible Packaging Market size
is expected to witness a sturdy boom over the forecast period,

Expansion in medical and
healthcare industry has increased the usage of flexible packaging solutions
owing to their low weight, product diversity and easy disposition, which is
boosting the Medical Flexible Packaging Market size. As per the survey conducted
by the Flexible Packaging Association (FPA) nearly 60% of 2,120 individuals are
ready to pay extra for user friendly and tangible packaging, which is likely to
fuel the market. Other factors which include the availability of home
healthcare systems, ongoing innovation in the medical equipment and the
intensified emphasis towards the development of pharmaceutical products to
prevent diseases will fuel the market growth.

Request
For a FREE Sample Report on
Medical
Flexible Packaging Market

However, the outburst of
coronavirus has increased the emphasis on health, thereby, raising the
expenditure on development of safe medicines and tools, contributing to the
market growth.  Unstable prices of raw
material and high development cost of flexible products are the factors
hampering the Medical Flexible Packaging Market
Growth
.

By material, plastics segment
will hold a larger share in the market owing to the higher tensile strength of
plastics over their metal alternatives. Also, the strong presence of large
manufacturing facilities has surged the demand for plastics and encouraged
product innovation in medical packaging thereby raising the market growth.

By end-use, the pharmaceutical
manufacturing segment is expected to hold a larger share, owing to the
inclination of producers to develop an in-house facility. Various benefits of
flexible packaging including easy-to-open and close; grasp and store; safe
dispensing with accuracy and recyclability will drive the market growth.

By region, North America is
foreseen to witness a promising CAGR over the next seven years, owing to the
rising expenditure on healthcare. Also, as per the Global
Medical Flexible Packaging Market Report
, the surge in demand for
environment friendly and sustainable packaging and rising awareness towards
healthcare have strengthened the market growth.

Key Medical Flexible Packaging
companies in the market, include, Dätwyler Holding, Inc., AptarGroup, Inc., Becton,
Dickinson & Company, Catalent, Inc., Coveris, Berry Global, Inc., Winpak
Ltd., CCL Industries, Inc., Sealed Air Corporation, and Amcor Plc among others.

Key Developments:

In 2020, Amcor adopted Bemis Company Inc., and the
integrated company will now function as Amcor Plc (Amcor). This acquisition of
Bemis will offer additional scale, capabilities, and footprint in fortifying Amcor’s
packaging business for industries like pharmaceutical and medical through different
flexible and rigid packaging and services.

Medical Flexible Packaging Market Segmentation:

Medical
Flexible Packaging Market by Material

·        
Plastics

o  
Polyvinyl Chloride

o  
Polypropylene

o  
Polyethylene Terephthalate

o  
Polyethylene

o  
Others

·        
Paper

·        
Aluminium

·        
Bioplastics

Medical
Flexible Packaging Market by Product

·        
Seals

·        
High Barrier Films

·        
Wraps

·        
Pouches & Bags

·        
Lids & Labels

·        
Others

Medical Flexible Packaging Market by End-Use

·        
Pharmaceutical Manufacturing

·        
Medical Device Manufacturing

·        
Implant Manufacturing

·        
Contract Packaging

·        
Others

Medical Flexible Packaging Market by Region:

·        
Asia Pacific

o  
China

o  
Japan

o  
India

o  
Rest of APAC

·        
North America

o  
United States of America

o  
Canada

·        
Europe

o  
United Kingdom

o  
Germany

o  
France

o  
Spain

o  
Rest of Europe

·        
RoW

o  
Brazil

o  
South Africa

o  
Saudi Arabia

o  
UAE

About
GMI Research

GMI Research is a market research
and consulting firm which provides market insights and intelligence across 12
major sectors helping our clients in making effective investment and business
decisions.

Media Contact

Company Name: GMI RESEARCH

Contact Person: Sarah Nash

Email: enquiry@gmiresearch.com

Phone: Europe – +353 1 442 8820; US – +1 860 881 2270

Address: Dublin, Ireland

Website:
www.gmiresearch.com




















































































































More Posts

0 comments
0 comments
0 comments
0 comments
0 comments
Load More wait