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Plastic Healthcare Packaging Market Size, Analysis, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2024 – 2032

  • Report ID: GMI4045

Plastic Healthcare Packaging Market Size

Plastic Healthcare Packaging Market size is poised for substantial growth from 2024-2032, driven by the expanding application of plastics in healthcare packaging, including waste disposable bags and blister packs, due to their durability.

As per UN, the global human population hit 8.0 billion in mid-November 2022, soaring from 2.5 billion in 1950—an increase of 1 billion since 2010 and 2 billion since 1998. The increasing global population, coupled with a rise in healthcare awareness, has led to a surge in demand for healthcare products. This necessitates efficient, secure, and cost-effective packaging solutions, driving the adoption of plastic healthcare packaging.

Additionally, advancements in plastic packaging technology, such as the development of sustainable and eco-friendly materials, are playing a pivotal role in shaping the market outlook.

Plastic Healthcare Packaging Market Trends

Rapid urbanization and changing lifestyles contribute to an upswing in healthcare requirements for rising cases of lifestyle ailments and are further driving the demand for advanced packaging solutions. The continual evolution in pharmaceuticals and medical devices, coupled with a surge in R&D activities, necessitates packaging innovations to match the pace of progress. Moreover, the ongoing trend of personalized medicine and biopharmaceuticals presents new challenges and opportunities for packaging solutions.

Plastic Healthcare Packaging Market Analysis

The syringes packaging segment is set to gain traction till 2032, driven by the critical role of syringes in the administration of vaccines and drugs. Plastic packaging solutions offer a combination of durability, transparency, and customization that is crucial for the safe storage and transport of syringes. Moreover, the rising healthcare challenges and the need for widespread vaccination campaigns will bolster the demand for safe plastic packaging for syringes.

The pharmaceutical company end-use segment is poised to grow significantly through 2032, owing to their heavy reliance on packaging solutions that ensure the integrity and safety of their products. Plastic packaging provides a versatile and reliable option for pharmaceutical companies, offering features such as tamper resistance, moisture protection, and precise dosage control. The growing emphasis on patient safety and regulatory compliance has further accentuated the demand for advanced packaging solutions in pharma.

North America plastic healthcare packaging market is poised to gain prominence till 2032, fueled by technological advancements, a robust healthcare infrastructure, and a high level of medical awareness. The region has witnessed a substantial increase in healthcare spending, further fueling the demand for advanced packaging solutions. Additionally, stringent regulatory standards and a focus on sustainability have prompted pharma and medical device companies in North America to invest in innovative and eco-friendly packaging solutions. As the region continues to prioritize healthcare advancements, the market will offer lucrative opportunities for the participants.

Plastic Healthcare Packaging Market Share

  • Some of the major plastic healthcare packaging industry players include:Catalent Pharma Solutions
  • Constantia Flexibles
  • Aphena Beacon Converters
  • Vetter Pharma International
  • Sealed Air Corporation
  • UDG Healthcare plc (United Drug)
  • Tekni-Films

These players are adopting various strategies such as new product launches and business expansions to ensure strong position in the market.

Plastic Healthcare Packaging Industry News

For instance, in February 2021, Constantia Flexibles unveiled Perpetua, its new recyclable polymeric mono-materials based on polypropylene high barrier laminates, designed for pharma packaging applications.

What Information does this report contain?

Historical data coverage: 2018 to 2023; Growth Projections: 2024 to 2032.
Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
6-7 year performance forecasts: major segments covering applications, top products and geographies.
Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.
Authors: Mariam Faizullabhoy

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