Global Plastic Healthcare Packaging Market, By Type (High Density Polyethylene, Polypropylene, Polycarbonate, Polyethylene Terephthalate, Others), Drug Delivery (Pulmonary, Oral Drugs, Transdermal, Injectable, Nasal, Topical, Ocular, and Intravenous (IV) drugs), Industries (Pharmaceutical, Medical device), Packaging (Primary Packaging, Secondary Packaging), Applications (Blister Packs, Plastic Bottles, Plastic Packing Bag, Plastic Drum, Pre-fill Syringe, Caps and Closure, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights: Global Plastic Healthcare Packaging Market
Global plastic healthcare packaging market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account from USD 1,215.63 million in 2020 to USD 2,268.45 million by 2028 growing at a CAGR of 8.11% in the above-mentioned forecast period.
The plastic healthcare packaging is a procedure to store and safeguard healthcare products from the material damage, biological contamination and any other unfavourable exterior effects. The important products used in manufacture of plastic healthcare are polyethylene, tough-density polystyrene and polyvinyl chloride. The plastic healthcare packaging provides anti-microbial properties and the reduced risk of breakage which is why they are highly utilized in healthcare sector.
The rise in infections, chronic and other lifestyle diseases is primarily driving the growth of the plastic healthcare packaging market. Additionally, the increase in consumer preference for lightweight, sturdy, and highly appealing packaging and growing awareness and understanding amongst population regarding benefits and availability of superior quality of plastic healthcare packaging is anticipated to boost the demand for the market. On the other hand, the stringent regulatory norms related to the usage of plastics and the constantly fluctuating costs of raw materials which are required for manufacture of the plastic materials might restrain the overall growth of the market. Other impactful factors for the increased usage is the introduction of child resistant packaging, user-friendly solutions, and eco-friendly material and large investments in research and developments which are pouring in the pharmaceutical industry which is estimated to generate new opportunities within the forecast period.
However, the factor such as concerns regarding the environment which incline customers towards the less usage of plastics is projected to be major challenge for the market’s growth.
This plastic healthcare packaging market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research plastic healthcare packaging market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Plastic Healthcare Packaging Market Scope and Market Size
Plastic healthcare packaging market is segmented on the basis of type, drug delivery, industries, packaging and applications. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of type, the plastic healthcare packaging market is bifurcated high density polyethylene, polypropylene, polycarbonate, polyethylene terephthalate and others.
- On the basis of drug delivery, the plastic healthcare packaging market is segmented into pulmonary, oral drugs, transdermal, injectable, nasal, topical, ocular, and intravenous (IV) drugs.
- On the basis of industries, the plastic healthcare packaging market is segmented into pharmaceutical and medical devices.
- On the basis of packaging, the plastic healthcare packaging market is segmented into primary and secondary packaging.
- On the basis of applications, the plastic healthcare packaging market is segregated into blister packs, plastic bottles, plastic packing bag, plastic drum, pre-fill syringe, caps and closure and others.
Plastic healthcare packaging Market Country Level Analysis
Plastic healthcare packaging market is analysed and market size insights and trends are provided by of type, drug delivery, industries, packaging and applications as referenced above.
The countries covered in the plastic healthcare packaging market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the plastic healthcare packaging market due to the increasing awareness about needs for reimbursement mechanism and the high usage of plastic packaging for pharmaceutical sector in the region. Asia-Pacific is expected to grow at the fastest rate in the forecast period of 2021 to 2028 due to the presence of rapidly increasing number of companies manufacturing pharmaceutical drugs and the development of healthcare infrastructure in the emerging countries.
The country section of the plastic healthcare packaging market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Plastic healthcare packaging market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for plastic healthcare packaging market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the plastic healthcare packaging market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Plastic healthcare packaging Market Share Analysis
Plastic healthcare packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to plastic healthcare packaging market.
The major players covered in the plastic healthcare packaging market report are Aphena Pharma Solutions., Tekni- Plex, Catalent, Inc , James Alexander Corporation, Aptar Group Inc, Cardinal Health Inc, Sonoco Products Company, Sealed Air, United Drug, Beacon Converters, Pharma Solutions, Catalent Inc., 3M, Beacon Converters, SHL Healthcare AB, Dalemark Industries, Inc, Ashland, Arkema SA, Ecosynthetix Inc., Danimer Scientific LLC, Cryolife Inc., Yparex B.V., Henkel Adhesives Technologies India Private Limited, Adhesives Research Inc., Paramelt, Adhbio and Bioadhesive Alliance Inc., among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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