Supply Chain Ecosystem Analysis now part of DBMR Reports
Market Size in USD Billion
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USD 76,550.00 Million |
| USD 117,480.25 Million | |
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Global Flexible Packaging for Healthcare Market, By Product (Pillow Pouches, Stand-up Pouches, Four Side Seal Pouches), Material (Plastic, Paper, Recycled Cellulose Fiber, Aluminum Foil, Bioplastics), Design (Bags and Trays, Pouches, Squeezable Bottles, Rollstock, Wraps, Blisters), Technology (Flexography, Rotogravure, Digital, Others), End User (Pharma and Biological, Medical Supplies, Medical Devices) – Industry Trends and Forecast to 2029.
The flexible packaging market is measured to be one of the most important packaging markets, exhibiting diversified types of materials and packaging widely used across the regions. The global flexible packaging market maily grow due to food and beverage, personal care products and pharmaceutical industries these are the most important constituents of consumer packaged goods. The packaging of healthcare products is an encompassing, broad and complex task. It completely differs from food packaging and is equally as challenging. It needs the application of a large amount of engineering and scientific expertise to offer a product for a global market. Its practice focuses on the knowledge and information from an extensive range of scientific disciplines, including marketing, environmental science, chemistry, engineering, material science, physical testing, sales and regulatory affairs to name just a few. This packaging is responsible for providing medical treatments, life-saving drugs, medical devices and new products such as medical nutritionals in every imaginable dosage form to deliver every type of solid, powder, suspension, supplement, poultice, liquid or drop to people the world over.
Data Bridge Market Research analyses that the flexible packaging for healthcare market was valued at USD 76,550.00 million in 2021 and is expected to reach USD 117480.25 million by 2029, registering a CAGR 5.50% during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Product (Pillow Pouches, Stand-up Pouches, Four Side Seal Pouches), Material (Plastic, Paper, Recycled Cellulose Fiber, Aluminum Foil, Bioplastics), Design (Bags and Trays, Pouches, Squeezable Bottles, Rollstock, Wraps, Blisters), Technology (Flexography, Rotogravure, Digital, Others), End User (Pharma and Biological, Medical Supplies, Medical Devices)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa
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Market Players Covered
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Amcor plc (Switzerland), Bemis manufacturing company (U.S.), Chesapeake (U.S.), Dupont (U.S.), Klöckner Pentaplast (Germany), 3M (U.S.), WestRock Company (U.S.), Mitsubishi Chemical holdings Corporation (Japan), Oliver (U.S.), Sonoco Products Company (U.S), Berry global Inc. (U.S.), Tekni-Plex. (U.S.), Aphena Pharma Solutions (U.S.), CAMAC HOLDING B.V. (Netherland), TOPPAN Inc, (Japan), Avery Dennison Corporation (U.S.), CCL Industries Inc. (Canada), Constantia Flexibles Group GmbH (Austria), Wipak Group (Finland)
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Market Opportunities
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Market Definition
Flexible packaging in healthcare is non-rigid packaging structure used to package and protect many drug products such as capsules, tablets and powders for medical use. Flexible packaging covers healthcare products that have undergone a conversion process, including coating, printing, lamination and extrusion, and can involve different substrates such as paper, plastic films and foil. Flexible pack types include aluminum foil laminates; foil lidding, blister packaging, plastic bags, wrapping films, lidding films, foil bags and sachets.
Drivers
Increasing the use of Aluminum metal in the packaging of medical device and healthcare products Due to their highly effective nature against moisture and light. It is widely used as a foil in packaging because it is very flexible and easily packs healthcare products and medical device. Due to all these properties increase the demand of aluminum in healthcare industry. So the, aluminum metal are anticipated to drive the growth of flexible packaging for healthcare market.
Pouches are widely used containers for semi-soft medical goods and small sized to medium-sized soft. It is not weak to damage during transportation and storage of the products. The specific application of thee pouches include small surgical instruments, diagnostic test packs, sutures, dialysis disconnect caps, wound dressings, intravenous (IV) catheters, IV administration sets and dental supplies.
The Manufacturers in the flexible packaging for healthcare sector are largely adopting different plastic molding techniques such as blow molding, injection molding and thermoforming to meet the particular requirements of pharmaceutical clients. They are producing sachets, flexible tubes, and blister packs among others to scale revenue streams which are expected to drive the market growth rate.
Opportunities
The development of eco-friendly paper and Innovations in the paper industry are anticipated to drive the growth of the flexible packaging for healthcare market over the forecast period. Due to the properties which has offered by paper materials, such as cleanliness, reliability, product safety, and ease of use, are also estimated to increase their demand further. The temperature resistance properties which has exhibited by these materials is also anticipated to drive the demand for paper-based products during the forecast period.
Furthermore, increasing concerns related to nutrition and health along with the strong demand for light packaging to decrease the transportation cost will further increase several opportunities, leading to the growth of the flexible packaging for healthcare market in upcoming years.
Restraints/ Challenges
The high processing cost, material cost, and labour cost are the major market restrains that will obstruct the growth of the flexible packaging for healthcare market.
However, the strict rules and regulations which has enforced by the governments globally for the use of plastic in the packaging of healthcare products are expected to hinder the growth rate of the global flexible packaging for healthcare market.
This flexible packaging for healthcare market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized 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 the flexible packaging for healthcare market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
The outbreak of COVID-19 outbreak has affected almost every industry and every aspect of life overall the world. This pandemic has changed consumers' purchase patterns, which are highly concerned about hygienic and safe packaging. The impact of COVID-19 pandemic on the packaging industry is mixed as per the demand for healthcare packaging remains strong, but due to lack of raw materials, storage units, and manpower because of the worldwide shutdown has created major challenges for the manufacturers to balance the supply and demand of the product. Packaging manufacturers have been mainly on product portfolios, regional diversification and governmental rules of lockdown at different nations. According to FMI, manufacturing will witness a steady recovery driven by the resurgence of global demand.
The flexible packaging for healthcare market is segmented on the basis of product, material, design, technology and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
Material
Design
Technology
End User
The flexible packaging for healthcare market is analysed and market size insights and trends are provided by country, product, material, design, technology and end-user as referenced above.
The countries covered in the flexible packaging for healthcare market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa.
Asia-Pacific will dominate the flexible packaging for healthcare market in terms of market share. This is due to the region's growing demand for flexible packaging for healthcare. The Asia-Pacific region leads the flexible packaging for healthcare market due to the easy availability of raw material which has associated with low-cost labour, better production facilities and increasing disposable income in this region.
North America is anticipated to be the fastest developing region during forecast period of 2022 to 2029 due to the growing innovation on barrier materials and improving economic outlook in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the 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.
The flexible packaging for healthcare 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 flexible packaging for healthcare market.
Some of the major players operating in the flexible packaging for healthcare market are:
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To support market growth and help clients navigate the impact of geopolitical shifts, DBMR has integrated in-depth supply chain analysis into its Global Flexible Packaging For Healthcare Market research reports. This addition empowers clients to respond effectively to global changes affecting their industries. The supply chain analysis section includes detailed insights such as Global Flexible Packaging For Healthcare Market consumption and production by country, price trend analysis, the impact of tariffs and geopolitical developments, and import and export trends by country and HSN code. It also highlights major suppliers with data on production capacity and company profiles, as well as key importers and exporters. In addition to research, DBMR offers specialized supply chain consulting services backed by over a decade of experience, providing solutions like supplier discovery, supplier risk assessment, price trend analysis, impact evaluation of inflation and trade route changes, and comprehensive market trend analysis.
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.