Global Medical Packaging Market by Geography – Opportunities & Forecast 2016-202
Posted by Nikita Manwar on October 15th, 2019
The global medical packaging market has witnessed a substantial growth in recent years. The rise in the incidences of chronic diseases, increased penetration of internet of things devices in healthcare and medical industries as well as growing need for counterfeit prevention are the key factors fuelling the growth of the global medical packaging market. In addition, the focus of consumers and government towards better healthcare facilities and rise in demand for sustainable packaging solutions are other important factors propelling the growth of medical packaging market.
Medical Tools and Equipment application is estimated to dominate the medical packaging market in 2016 owing to it’s increased usage in hospitals for various purposes. On the basis of packaging type, Bags & Pouches held the major share in 2016 owing to their features such as user-friendly, environment-friendly as well as lightweight. On the other hand, the polymer material segment is expected to grow at the highest CAGR during the forecast period as it is being extensively used to produce bags and pouches, disposable syringes, gloves, among others.
North America is estimated to dominate the medical packaging market in 2016. The key factors fuelling the growth of the market include favourable government policies and regulations, better healthcare infrastructure as well as high spending on healthcare by consumers. United States is the key country in the region accounting for the maximum share.
This research report on medical packaging market provides in-depth analysis of the global medical packaging market based on material, application, packaging type and major geographies for the period from 2016 to 2021. The report highlights the major market drivers pushing the growth and challenges faced by market participants. The research report provides market size and forecast for medical packaging market. The report also analyses the competitive landscape and the major player and their strategies in 2016. The competitive landscape section of the report also captures and highlights the recent development in the market.
The report also profiles the major companies active in this field, including Amcor Limited, Berry Plastics Corporation, Avery Dennison Corporation, CCL Industries Inc., Constantia Flexibles Group GmbH, Bemis Company, 3M Company, E.I. Du Pont De Nemours and Company, Westrock Company, Sonoco Products Company
Key questions this research would answer:
The global medical packaging market is segmented on the basis of material, application, packaging type, and geography:
Global Medical Packaging Market by Material
Global Medical Packaging Market by Application
Global Medical Packaging Market by Packaging Type
Global Medical Packaging Market by Region
Global Medical Packaging Market Competitive Landscape
About GMI Research
GMI Research is a market research and consulting firm which provides research-based solutions to business executives and investment professionals so that they can make right business & investment decisions faster based on real facts. We help business leaders through independent fact-based insight, ensuring their business achieve success by beating the competition.
GMI Research leverages its industry expertise and experience to identify the industry trends, big opportunities and potential growth areas across industries. Our Syndicated reports provide actionable insights and covers industry trends, market drivers & restraints, macroeconomics factors, market estimates & forecasts, competitive landscape etc. which helps our clients to strengthen its market position by deploying specific strategies and actions that will lead to higher growth.
Like it? Share it!
About the AuthorNikita Manwar
Joined: September 10th, 2019
Articles Posted: 80
More by this author