Global Plastic HealthCare Packaging Market

Plastic HealthCare Packaging Market Size, Share, Growth Analysis, By Type(Bottles Packaging, Vials, Pouches, and Others), By Material(Polyethylene, Polypropylene, Polyethylene Terephthalate, and Others), By Industry(Pharmaceutical Packaging, and Medical Device Packing), By Region - Industry Forecast 2024-2031

Report ID: SQMIG15H2055 | Region: Global | Published Date: March, 2024
Pages: 184 | Tables: 91 | Figures: 76

Plastic HealthCare Packaging Market News

  • In May 2023, Amcor Inc., a global chief in packaging solutions, took a full-size step by getting into a definitive agreement to acquire Moda Systems. This strategic pass is designed to strengthen Amcor's abilities in the realm of film-based packaging. The acquisition is set to provide an all-encompassing packaging answer, masking number one packaging, gadget, onsite technical help, and elements.
  • Iin January 2023, Amcor Inc. Verified its commitment to expanding its presence in the Asia-Pacific vicinity through pronouncing an settlement to acquire MDK, a distinguished company of clinical tool packaging. This strategic acquisition is predicted to give a boost to Amcor's foothold in this dynamic and hastily growing marketplace.
  • In April 2022, Amcor Inc. Marked an important milestone with the advent of greater sustainable excessive defense laminates. This innovation underscores Amcor's determination to improve its pharmaceutical packaging portfolio, offering solutions that align with sustainability desires whilst assembling the enterprise's stringent necessities.
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Plastic HealthCare Packaging Market size was valued at USD 28.60 Billion in 2022 and is poised to grow from USD 30.12 Billion in 2023 to USD 45.52 Billion by 2031, at a CAGR of 5.30% during the forecast period (2024-2031).

In the incredibly aggressive landscape of the plastic healthcare packaging market, several groups are vying for market proportion. These gamers are engaged in steady innovation and technological improvements to develop modern-day packaging answers. The competitive environment is characterised via a focus on enhancing materials and designs, making sure compliance with stringent healthcare regulations, and addressing sustainability concerns. 'Mondi (UK)', 'Nipro Europe Group Companies (UK)', 'Comar, LLC. (US)', 'Beacon Converters, Inc. (US)', 'TekniPlex Inc. (US)', 'Klockner Pentaplast (UK)', 'Origin Pharma Packaging (UK)', 'Amcor Plc (UK)', 'Gerresheimer AG (UK)', 'Constantia Flexibles Group (UK)', 'Becton, Dickinson and Company (US)', 'Owens-Illinois, Inc. (US)', 'West Pharmaceutical Services, Inc. (US)', 'Berry Global, Inc. (US)', 'AptarGroup, Inc. (US)', 'MeadWestvaco Corporation (US)', 'Alpha Packaging (US)', 'Silgan Holdings Inc. (US)', 'Winpak Ltd. (US)', 'Schott AG (UK)'

A principal motive force in the plastic healthcare packaging marketplace is the growing attention and cognizance of healthcare. As humans emerge as more fitness-conscious, there's a better demand for prescription drugs and clinical merchandise, leading to increased demand for secure and revolutionary packaging solutions.

Sustainability-Driven Packaging Solutions: A most important key market fashion inside the plastic healthcare packaging region is a significant shift closer to sustainability-pushed answers. With growing environmental worries, clients, healthcare vendors, and regulatory bodies are all pushing for eco-friendly packaging options. This fashion has caused the improvement of recyclable, biodegradable, and reduced-plastic packaging substances and designs to meet both marketplace needs and regulatory pressures.

North America presently dominates the plastic healthcare packaging marketplace. This is due to superior healthcare infrastructure, excessive healthcare spending, and stringent policies ensuring product protection and best. The vicinity's mature pharmaceutical industry and a sturdy cognizance of research and improvement similarly bolster its leading role in the marketplace.

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Global Plastic HealthCare Packaging Market

Report ID: SQMIG15H2055

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