Infectious Waste Packaging Market: Key Growth Factors and Forecast

Posted by Kishor on July 12th, 2019

Infectious waste is produced in large amounts all over the globe on a daily basis, especially from hospitals, clinics, and other healthcare centers. This waste can prove to be a breeding ground for pathogens and other harmful disease causing organisms. To avoid these issues and maintain a good hygienic environment, it is highly necessary to enable effective and safe disposal of infectious waste.

The global infectious waste packaging market is steadily projected to rise in the next few years, mainly due to increasing investments for developing the required packaging material. This is expected to create several opportunities from a work based as well as development based perspective. However, to maintain this growth, the investments put in the market need to continue at a strong rate. The number of public as well as private organizations are also increasing around the world, which bode well for the development of the market. Incineration, chemical treatment, autoclaving, etc. are some of the processes associated with this market. Amongst these processes, most progress is expected to occur for the incineration treatments. Even the market share for this process is expected to be larger than any other activity associated with the infectious waste packaging market. Such growth is mainly due to rise in the initiatives taken by the organizations for medical waste management and other technological developments.

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Global infectious waste packaging market: Introduction

Infectious waste packaging is absolutely crucial for the sustainable management of waste. A waste which include pathogens, miscellaneous waste such dialysis unit waste, contaminated equipment, and others with enough virulence and quantity so that exposure to the waste by human or animals could result in infectious disease is called infectious waste. The need for infectious waste packaging follows from the application of up-to-date waste management principles. Infectious waste packaging provides a management plan against infectious waste. Infectious waste packaging finds application in various waste managements which include medical waste, radioactive waste, and pathological waste. Infectious waste packaging includes different packaging for different types of wastes such as, plastic bags for various solid and semisolid wastes, plastics and glass bottles, tanks or flasks for liquid waste.

Global infectious waste packaging market: Dynamics

Every year, tons of infectious waste is generated which requires proper disposal, which in turn drives the global demand for the infectious waste packaging. The aim of infectious waste packaging is to ensure that no hazard should be presented on personnel who involved in handling and disposing of infectious waste. With so many fatal substances falling under the umbrella of infectious waste, if safety standards are not complied with, it could lead to illness, chronic diseases and other serious effects. To deal with it, infectious waste packaging is a reliable option. Infectious waste packaging market is flourishing in the backdrop of growing awareness among people, regarding clean and safe society. In recent years, the number of patients visit to hospitals has risen, it will drive the global infectious waste packaging demand. Need of segregating infectious waste is expected to penetrate the global infectious waste market.

Global infectious waste packaging market: Key Players

Few of the key market players in the global infectious waste packaging market are – Smurfit Kappa Group, Uniflex Healthcare, Interstate Packaging LLC, Carolina CoverTech, and International Plastics Inc., among others.