A report on the Healthcare Packaging Market has been recently published by Stratview Research. This Market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the Healthcare Packaging Market. The historic years considered for the study are 2015-2019 the base year is 2020, and the forecast period is 2020-2025.
The study includes an in-depth analysis of type, application, and regional segments. It also includes a Market channel, distribution, and customer analysis, industry cost analysis, Market analysis by application, production, revenue, and price trend analysis by type, production and consumption analysis by region, and various other Market studies.
Healthcare Packaging Market is likely to witness a CAGR of 6.4% during the forecast period. The prime factors that are driving the Healthcare Packaging market are increasing number of hospitals, therapeutic equipment manufacturers, and diagnostic centers; increasing demand for microbial packaging; stringent regulations; and growing aging population, expanding application range, technological advancements, and surge in demand from the Asia-Pacific region.
The Market is segmented by End-Use Type (Pharmaceutical, Medical Devices), by Product Type (Bottles and Containers, Vials and Ampoules, Cartridges and Syringes, Pouch and Bags, Blister Packs, Tubes, Paper Board Boxes, Caps and Closures, Labels, and Others), by Material Type (Glass, Plastic, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
This report also focuses on the short- and long-term implications of the novel Coronavirus pandemic on Healthcare Packaging Market at the global, and regional dimensions. To evaluate the percentage of loss or profit to the industry, the report also compares pre-COVID and post-COVID scenarios.
The report delivers a detailed view of the industry based on Healthcare Packaging Market size, Market growth, and opportunities. The report also analyses Market key aspects such as-
– Market structure: Overview, industry life cycle analysis, supply chain analysis
– Covid-19 Impact analysis.
– Market environment analysis: Growth drivers and constraints, and SWOT analysis.
– Market trend and forecast analysis.
– Market segment trend and forecast.
– Competitive landscape and dynamics: Market share, product launches, etc.
– Attractive Market segments and associated growth opportunities.
– Emerging trends.
– Strategic growth opportunities for the existing and new players.
The research provides in-depth analysis of the important elements that drive Market growth, including growth potential, opportunities, current Market trends, industry-specific obstacles, and dangers.
Key Segments Healthcare Packaging Market Report Covers:
Based on the product type, the market is segmented as bottles and containers, vials & ampoules, cartridges and syringes, pouch and bags, blister packs, tubes, paper board boxes, caps and closures, labels, and others. Blister pack is expected to witness the fastest growth in the market owing to its excellent properties such as protection from moisture and wide range of applications.
Based on the end-use type, the healthcare packaging market is segmented as pharmaceuticals and medical devices. Pharmaceuticals segment is expected to remain the larger end-use type of the market owing to increasing product range, rapidly growing healthcare infrastructure, and stringent regulations from governing bodies.
In terms of regions, North America is estimated to be the largest market for healthcare packaging during the forecast period. The USA is the largest market for healthcare packaging in the region. Established healthcare infrastructure, presence of large number of players, significant investment towards R&D, and aging population are some the major factors driving the growth of the market in the USA. Europe and Asia-Pacific are also expected to witness a healthy demand for healthcare packaging owing to rising elderly population, economic development in the region, increasing per capita income in emerging economies, and improving healthcare infrastructure.
According to the report, brands or companies that are leading globally in this Market are –
- Gerresheimer AG
- Corning Incorporated
- Nipro Corporation
- SGD SA
- Stölzle-Oberglas GmbH
- Bormioli Pharma SRL
- Schott AG
- Shandong Medicinal Glass Co. Ltd.
- Beatson Clark PLC
- Arab Pharmaceutical Glass Co.
- Piramal Glass Pvt Ltd.
- Sisecam Group
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