Categories
Pharmaceutical

Medical Flexible Packaging Market Sales Poised to Surpass US$ 7,000 Mn in Revenues by 2031 End

250 Pages Medical Flexible Packaging Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider

According to Fact MR’s recent market research, sales of Medical Flexible Packaging to swell at propelled CAGR through 2031, as investment towards expansion of healthcare infrastructure continues rising. The goal of the survey is uncover growth opportunities, key trends, growth drivers, and challenges. It also provides recommendations to assist businesses in preparing for unforeseen challenges.

Focus on improving overall patient care will remain a chief growth driver. Besides this, Medical Flexible Packaging market will continue gaining from increasing willingness among patients and families to spend on advanced healthcare.

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To offer an in-depth overview, the report provides sales projections for over 20 countries. It also identifies segments exhibiting maximum growth.

Digital Transformation in Healthcare Presenting Opportunities for Medical Flexible Packaging Market Growth

Healthcare organizations around the world are deploying digital tools to accommodating changing consumer preferences. They are pressing on solving the long-standing challenge pertaining to care model innovation.

Considering this, the focus on making healthcare affordable and more transparent will increase. Adoption of care model innovation in healthcare will have a profound impact on the Medical Flexible Packaging market.

The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Medical Flexible Packaging market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Medical Flexible Packaging

The report offers actionable and valuable market insights of Medical Flexible Packaging. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Medical Flexible Packaging Market across various industries and regions.

This newly published and insightful report sheds light on Market Insights of Medical Flexible Packaging, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Medical Flexible Packaging Market.

Market Taxonomy

Product Type ·         Seals·         High Barrier Films

·         Wraps

·         Pouches & Bags

·         Lids & Labels

·         Others

End User ·         Pharmaceutical Manufacturing·         Medical Device Manufacturing

·         Implant Manufacturing

·         Contract Packaging

·         Others

Material Type ·         Polyvinyl Chloride·         Polypropylene

·         Polyethylene Terephthalate

·         Polyethylene

·         Paper

·         Aluminum

·         Others

(Additional information, including cross-sectional data and country-wise analysis & forecast is available in the report)

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North America is projected to remain the largest market for medical flexible packaging, with sales poised to surpass US$ 7,000 Mn in revenues by 2022-end. In addition, Europe and North America will exhibit a parallel expansion at equal CAGRs through 2022.

Wraps are expected to be the fastest-selling product in the global medical flexible packaging market. Seals will continue to be the most lucrative product in the market, followed by high-barrier films.

On the basis of application, contract packaging and implant manufacturing are expected to witness a relatively faster expansion through 2022. Pharmaceutical manufacturing will remain the largest application of medical flexible packaging during the forecast period.

Polyvinyl chloride is anticipated to remain the most lucrative material used for medical flexible packaging, in terms of revenues. Sales of paper for production of medical flexible packaging will register the highest CAGR through 2022.

Factors such as attractive packaging, prevention of product damage, higher efficiency in transporting goods, useful tool for branding & identification, and effective supply chain management are expected to drive growth of the global medical flexible packaging market. This Fact.MR report analyzes the expansion of global medical flexible packaging market till date, and provides key insights on the growth of the market during the forecast period, 2017-2022.

Scope

The scope of Fact.MR’s report is to analyze the global medical flexible packaging market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Medical device manufacturers, research institutes, and raw material suppliers in the global medical flexible packaging market can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and medical journals pertaining to medical flexible packaging.

Summary

The report commences with a brief information of the global medical flexible packaging market. This executive summary sets the tone for the rest of the report, providing users the scope of the report. The executive summary includes important facts and statistics on the global medical flexible packaging market.

Overview

The next section offers an overview of the global medical flexible packaging market. This comprises an introduction to the market, along with a standard definition of the product – medical flexible packaging. In this section, market value and year-over-year growth is offered to the readers. Year-over-year growth provides readers with a broader view of growth patterns over the forecast period.

The report’s succeeding section focuses on drivers, restraints and key trends from macroeconomic, demand, and supply perspectives. Impact analysis of weighted average model-based growth drivers is contained in the report for better provision of decision-making insights to clients.

In order to offer readers with up-to-date information about the latest advancements in the global medical flexible packaging market, the report provides updates about market opportunities, which can benefit leading manufacturers of medical flexible packaging. With continuous evolution of the healthcare sector, keeping a record of latest developments and trends is fundamental for medical flexible packaging manufacturers to formulate key business strategies. Detailed insights about raw material sourcing, supply chain, regulatory approvals, pricing analysis, list of distributors, and cost structure are provided in this section.

The report by Fact.MR gives a segment-wise analysis & forecast to cover the broad scope of medical flexible packaging market. The market is categorized based on end-user, material type, product type, and region. The segmentation analysis provided is comprehensive, with a detailed country-wise forecast offered across all key market parameters.

The report’s last section comprises of the global medical flexible packaging market competitive landscape, to provide readers with the dashboard view of company analysis and market players. This competitive intelligence is based on the providers’ categories across value chain, and their presence in the global medical flexible packaging market.

5 Key Future Prospects of Medical Flexible Packaging Market for Forecast Period 2017 to 2022

  1. In terms of revenues, polyvinyl chloride will continue to be the most attractive material utilized for medical flexible packaging. Sales of paper for producing medical flexible packaging products are expected to exhibit a relatively faster expansion through 2022, based on materials.
  2. Medical flexible packaging are expected to find the largest application in pharmaceutical manufacturing over the forecast period. In addition, sales of medical flexible packaging products for application in implant manufacturing and contract packaging are poised to register a relatively higher CAGR through 2022.
  3. On the basis of product, seals will continue to be dominant in the global medical flexible packaging market, in terms of revenues. High-barrier films are expected to be the second most lucrative product in the market. However, wraps are anticipated to witness the fastest expansion in sales through 2022.
  4. North America will dominate the global medical flexible packaging market in 2017, and the trend is projected to continue during 2017 to 2022. Revenues from the medical flexible packaging market in North America are expected to exceed US$ 7,000 Mn by 2022-end.
  5. Key players projected to lead the global medical flexible packaging market are Datwyler Holdings, Aptar Group, Inc., Reynolds Group Holdings, Berry Group, Inc., Sonoco Products Company, Coveris Holdings S.A., Catalent, Inc., Becton Dickinson & Company, Constantia Flexibles Group GmbH, Mondi Group Plc, Huhtamaki Oyj, Sealed Air Corporation, Bemis Company, Inc., and Amcor Limited.

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Report Benefits & Key Questions Answered

  • Medical Flexible Packaging Category and segment level analysis:Fact MR provides a detailed analysis of the factors influencing sales growth across key segments. It highlights key growth drivers and provides useful information for identifying sales prospects at the regional and local level.
  • Medical Flexible Packaging Historical volume analysis: The report provides a comparison of Medical Flexible Packaging’s historical sales and projected sales performance for 2021-2031.
  • Medical Flexible Packaging Manufacturing trend analysis: The report offers a detailed analysis of manufacturing trends in the Medical Flexible Packaging market. It carefully gauges the impact of changing healthcare needs of key demographics globally
  • Medical Flexible Packaging Consumption by demographics: The report investigates consumer behavior affecting Medical Flexible Packaging demand outlook for the assessment period. Effect of their keenness for digital trends on Medical Flexible Packaging market is carefully analyzed
  • Post COVID consumer spending on Medical Flexible Packaging: Healthcare industry has been largely influenced by COVID-19 pandemic. The Fact MR Market survey analyzed consumer spending post COVID-19. It assesses how current trends that will influence expenditure on healthcare services, thus affecting Medical Flexible Packaging market growth.

More Valuable Insights on Medical Flexible Packaging Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Medical Flexible Packaging, Sales and Demand of Medical Flexible Packaging, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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Categories
Pharmaceutical

Medical Flexible Packaging Market is projected to register a moderate CAGR growth of 4.6% by the end of 2022

Fact.MR, in its new report, anticipates the global demand for medical flexible packaging market to register a moderate growth over the forecast period 2017 to 2022. Sales of medical flexible packaging across the globe are expected to account for over US$ 25,000 Mn revenues by 2022-end.

Various advantages are offered by medical flexible packaging, which include easy shipping, low waste, and product protection, along with the capability of lowering the overall weight of packaging by approximately 70%. Medical flexible packaging provides product and price differentiation to consumers, and aids the preservation of medical devices’ health and hygiene value.

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Huge growth opportunities for pharmaceutical and medical device manufacturers are expected to be witnessed across developing countries, which in turn will drive demand for medical flexible packaging in these regions. Currently struggling in stagnant but mature markets, with a lot of regulatory barriers, and patent expirations, leading market players are adopting key strategies such as regional expansion, and brand positioning.

medical flexible packaging market

Flexible packaging manufacturers are focusing on increasing their presence in developing economies, in a bid to benefit themselves from low-cost labor, and enhance their product offerings. These manufacturers are also focusing on diversification and combination of data analytics with the manufactured products, in order to develop new novel technologically driven products.

Other factors expected to impact the market growth include effective supply chain management, attractive packaging, useful tool for identification & branding, prevention of product damage, and higher efficiency in transporting products. However, factors such as stringent government regulations pertaining to recycling of packaging materials, and use of polymers, are expected to curb growth of the market during the forecast period.

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5 Key Future Prospects of Medical Flexible Packaging Market for Forecast Period 2017 to 2022
  1. In terms of revenues, polyvinyl chloride will continue to be the most attractive material utilized for medical flexible packaging. Sales of paper for producing medical flexible packaging products are expected to exhibit a relatively faster expansion through 2022, based on materials.
  2. Medical flexible packaging are expected to find the largest application in pharmaceutical manufacturing over the forecast period. In addition, sales of medical flexible packaging products for application in implant manufacturing and contract packaging are poised to register a relatively higher CAGR through 2022.
  3. On the basis of product, seals will continue to be dominant in the global medical flexible packaging market, in terms of revenues. High-barrier films are expected to be the second most lucrative product in the market. However, wraps are anticipated to witness the fastest expansion in sales through 2022.
  4. North America will dominate the global medical flexible packaging market in 2017, and the trend is projected to continue during 2017 to 2022. Revenues from the medical flexible packaging market in North America are expected to exceed US$ 7,000 Mn by 2022-end.
  5. Key players projected to lead the global medical flexible packaging market are Datwyler Holdings, Aptar Group, Inc., Reynolds Group Holdings, Berry Group, Inc., Sonoco Products Company, Coveris Holdings S.A., Catalent, Inc., Becton Dickinson & Company, Constantia Flexibles Group GmbH, Mondi Group Plc, Huhtamaki Oyj, Sealed Air Corporation, Bemis Company, Inc., and Amcor Limited.

North America is projected to remain the largest market for medical flexible packaging, with sales poised to surpass US$ 7,000 Mn in revenues by 2022-end. In addition, Europe and North America will exhibit a parallel expansion at equal CAGRs through 2022.

Wraps are expected to be the fastest-selling product in the global medical flexible packaging market. Seals will continue to be the most lucrative product in the market, followed by high-barrier films.

On the basis of application, contract packaging and implant manufacturing are expected to witness a relatively faster expansion through 2022. Pharmaceutical manufacturing will remain the largest application of medical flexible packaging during the forecast period.

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About Fact.MR

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.

Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E: sales@factmr.com
Research Insight: https://www.factmr.com/report/247/medical-flexible-packaging-market
Press Release: https://www.factmr.com/media-release/237/medical-flexible-packaging-market

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