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Medical Device Packaging Market - Industry Dynamics, Market Size, And Opportunity Forecast To 2031

Global Medical Device Packaging Market: By Product Type (Pouches, Clamshell Packs, Boxes, Bags, Blisters, Cartons, Trays and Other): Application (Sterile Packaging and Non-Sterile Packaging): Material Type (Plastic, Paper & Paperboard, Foils, Glass and Others): Packaging Type (Primary, Secondary and Tertiary): End User (Manufacturers, Contract Packaging, Retail Pharmacy and Institutional Pharmacy): Region; Industry Dynamics, Market Size, Opportunity and Forecast 2023–2031

  • Published Date: 03-Apr-2023  |   Format: pdfpowerpointexcel  |  Report ID: AA0423387  | Delivery: 2 to 4 Hours

FREQUENTLY ASKED QUESTIONS

Plastic, paper & paperboard, foils, glass are the material types which are used for medical device packaging. 

Primary packaging refers to the material that comes into direct contact with the device and is intended to provide a barrier to protect it from external factors. Whereas, secondary packaging is the material that surrounds the primary packaging and is used for transportation, storage, and presentation purposes, it can include paper and cardboard boxes.

Growing demand for primary pharmaceutical packaging is the current trend in global medical device packaging market. 

The Global medical device packaging market is projected to grow at a CAGR of 6.88% during the forecast period 2023-2031 and is expected to reach US$ 52.58 Bn by 2031.

Factor such as growing need for lightweight pharma bottles by consumers is driving the market.

The bags segment holds highest CAGR in the global medical device packaging market during the forecast period.

The primary segment dominates the global medical device packaging market in 2022.

Increasing overall packaging costs owing to dynamic regulatory policies restrict the market growth.

The COVID-19 pandemic had a positive impact on the global medical device packaging market. There has been an increased demand for high-quality medical device packaging. 

Increasing spending on healthcare & pharmaceutical creates a lucrative growth opportunity in the global medical device packaging market.

Product type, application, material type, packaging type and end users are the different segments in the global medical device packaging market.

Some of the key players operating in the market are WestRock Company, Amcor Ltd., DuPont, Rakon Ltd, Berry Global, 3M Company, CCL Industries and Mitsubishi Chemical among others.

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