Aug 1, 2017   SOURCE: BusinessWire

Global Medical Packaging Market to Reach $50.5 Billion by 2022: Analysis by Material, Packaging Type, Application, Packing Type & Region - Research and Markets

The "Medical Packaging Market by Material, Packaging Type, Application, Packing Type, and Region - Forecast to 2022" report has been added to Research and Markets' offering.

The medical packaging market is projected grow from USD 35.31 billion in 2016 to USD 50.55 billion by 2022, at a compound annual growth rate (CAGR) of 6.29% from 2017.

The medical packaging market has been growing as a result of changes in lifestyle, increase in disposal income, and advancements in medical technology. The cost-effectiveness of medical packaging and emphasis on modern technologies in the packaging industry have prompted a rise in demand for medical packaging. Fluctuations in the prices of raw material have resulted in an unfavorable impact on the profitability of the medical packaging industry.

Environmental issues and fluctuations in oil and resin prices have added to the cost pressure on raw material providers of medical packaging. The source of the price rise includes increase in crude oil prices caused by the numerous geopolitical problems, in addition to stringent environmental regulations and some shortage in supply.

Polymer material is used for manufacturing disposable syringes, bags & pouches, and blood bags. This segment, by material, is projected to have the highest CAGR during the forecast period. This segment is witnessing high growth due to a variety of reasons such as recyclability, cost-effectiveness, and its ease of usability.

Companies Mentioned

  • 3M Company
  • Amcor Limited
  • Avery Dennison Corporation
  • Beacon Plastics
  • Bemis Company
  • Berry Plastics Corporation
  • CCL Industries Inc.
  • Campak Inc
  • Constantia Flexibles Group GmbH
  • Dupont
  • E.I. Du Pont De Nemours and Company
  • Hamer Packaging Technology
  • Klöckner Pentaplast Group
  • Oliver Healthcare Packaging
  • Placon Corporation
  • (10+ Others)

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Medical Packaging Market, By Material

7 Medical Packaging Market, By Application

8 Medical Packaging Market, By Packaging Type

9 Medical Packaging Market, By Packing Type

10 Medical Packaging Market, By Region

11 Competitive Landscape

12 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/shfj3r/medical_packaging