Medical Packaging Films Market: Global Market Estimation, Dynamics, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

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Medical Packaging Films Market: By Type (High Barrier Film, Metallized Film, Thermoformable Film and Others) Material (Polyethylenes (PE), Polypropylene (PP), Polyamide (PA), Polyvinyl Chloride (PVC) and Others) Application (Tubes, Bags and Others)  and Geography

 

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Report

Description

Medical Packaging Films Market size is valued at USD 6,936.6 million in 2021 and is expected to grow at a CAGR of 5.2% during the forecast period 2022 to 2028. The resources used for the packaging of pharmaceutical products are known as medical packaging films. Pharmaceutical packaging is chiefly used to secure and conceal the products used by the customer. Such packaging helps as a barrier of defense against environmental conditions and external factors before the consumer reaches the point where the item is prepared for usage. The global market provides a detailed overview of the Medical Packaging Films market, and that can be segmented by type, by material, and by Application. By type, the Medical Packaging Films market has been segmented into High Barrier Film, Metallized Film, Thermoformable Film, and Others. High Barrier Films is likely to be the significant growing segment in terms of type. Based on Material, the Medical Packaging Films market is segmented into Polyethylenes (PE), Polypropylene (PP), Polyamide (PA), Polyvinyl Chloride (PVC), and Others. Among these, the propylene segment is expected to have the fastest-growing market during the forecast period 2022-2028. Polypropylene, or PP, is a low-priced thermoplastic with high lucidity, high gloss, and improved tensile strength. It has a high melting point as compared to PE, which makes it appropriate for applications that need disinfection at high temperatures. PP can be metalized, which outcomes in better gas barrier properties for numerous applications, where extended product shelf life is vital. Based on the Application, the Medical Packaging Films market is segmented into Tubes, Bags, and Others. The Veterinary hospital’s segment is expected to have a significant share in 2021. Medical bags are widely used in the industry, predominantly when affordable packaging is essential in large quantities. The main benefit of using bags is the shielding of medical products, ease of smart transportation, and brand promotion. Bags are vastly used to stock first aid kits, medicines, or medical apparatus. Pouches are also utilized to store drugs or tools in liquid form.

Key Developments:

In April 2022, Amcor announced the introduction of supportable high shield laminates to its pharmaceutical packaging collection.

In January 2022, Klöckner Pentaplast announced its plans to increase its post-consumer recycled content (PCR) PET volume in the North American region.

Medical Packaging Films Market

MARKET SUMMARY
-
5.2%
  • Study Period– 2022-2028
  • Base Year– 2021
  • CAGR– 5.2%
  • Largest Market– Asia-Pacific
  • Fastest Growing Market–North America

Medical Packaging Films Market

  • The medical packaging films market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • The medical packaging films market is segmented based on type, material, application and geography.
Key Players
  • 3M Company
  • Amcor
  • Berry Global Group
  • Covestro AG
  • DuPont
Medical Packaging Films Market Drivers

The rise in demand for bioplastic material and the need for sustainable packaging are anticipated to propel the market growth over the forecast years. Moreover, the growing demand for bi-axially oriented films in the healthcare sector and fast urbanization, along with the rising healthcare industry, are burgeoning the market growth over the forecast years.


Asia-Pacific Got Significant Share

Medical Packaging Films Market

Asia Pacific market is expected to witness the highest market share during the forecast period.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Key Features of the Report

  • The Medical packaging films market provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
  • The Medical packaging films market covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The Medical packaging films market outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The Medical packaging films market tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The Medical packaging films market provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Medical Packaging Films Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The medical packaging films market is projected to expand at a CAGR of 5.2% during the forecast period

3M Company, Amcor, Berry Global Group, Covestro AG, DuPont, Glenroy, PolyCine, Renolit SE, Weigao Group, Wipak Group

Asia-Pacific is the fastest-growing region for medical packaging films market


Report

Table Of Content


Report

Company Profile

  • 3M Company
  • Amcor
  • Berry Global Group
  • Covestro AG
  • DuPont
  • Glenroy
  • PolyCine
  • Renolit SE
  • Weigao Group
  • Wipak Group

Description

Medical Packaging Films Market size is valued at USD 6,936.6 million in 2021 and is expected to grow at a CAGR of 5.2% during the forecast period 2022 to 2028. The resources used for the packaging of pharmaceutical products are known as medical packaging films. Pharmaceutical packaging is chiefly used to secure and conceal the products used by the customer. Such packaging helps as a barrier of defense against environmental conditions and external factors before the consumer reaches the point where the item is prepared for usage. The global market provides a detailed overview of the Medical Packaging Films market, and that can be segmented by type, by material, and by Application. By type, the Medical Packaging Films market has been segmented into High Barrier Film, Metallized Film, Thermoformable Film, and Others. High Barrier Films is likely to be the significant growing segment in terms of type. Based on Material, the Medical Packaging Films market is segmented into Polyethylenes (PE), Polypropylene (PP), Polyamide (PA), Polyvinyl Chloride (PVC), and Others. Among these, the propylene segment is expected to have the fastest-growing market during the forecast period 2022-2028. Polypropylene, or PP, is a low-priced thermoplastic with high lucidity, high gloss, and improved tensile strength. It has a high melting point as compared to PE, which makes it appropriate for applications that need disinfection at high temperatures. PP can be metalized, which outcomes in better gas barrier properties for numerous applications, where extended product shelf life is vital. Based on the Application, the Medical Packaging Films market is segmented into Tubes, Bags, and Others. The Veterinary hospital’s segment is expected to have a significant share in 2021. Medical bags are widely used in the industry, predominantly when affordable packaging is essential in large quantities. The main benefit of using bags is the shielding of medical products, ease of smart transportation, and brand promotion. Bags are vastly used to stock first aid kits, medicines, or medical apparatus. Pouches are also utilized to store drugs or tools in liquid form.

Key Developments:

In April 2022, Amcor announced the introduction of supportable high shield laminates to its pharmaceutical packaging collection.

In January 2022, Klöckner Pentaplast announced its plans to increase its post-consumer recycled content (PCR) PET volume in the North American region.

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