The Business Research Company’s report on the Sterile Medical Packaging Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the primary drivers fueling the growth of the sterile medical packaging market in recent years?
The increased prevalence of infectious diseases and viruses has led to an increase in demand for sterile medical packaging to prevent any contamination, which is expected to contribute to the growth of the market. Infectious diseases are caused by infectious agents and can be passed from one person or animal to another. For instance, in February 2023, according to The Parliament of the United Kingdom of Great Britain and Northern Ireland, a UK-based legislative body, in 2023, It is estimated that approximately 107,000 individuals in the UK are living with HIV, which equates to nearly 1 in every 600 people. The increased number of cases of infectious diseases has increased the demand for the sterile medical packaging market.
Access Your Free Sample of the Global Sterile Medical Packaging Market Report – Get Insights Now!
https://www.thebusinessresearchcompany.com/sample.aspx?id=4114&type=smp
What is the projected market size of the sterile medical packaging industry, and how is it expected to grow?
The sterile medical packaging market size has grown rapidly in recent years. It will grow from $52.49 billion in 2024 to $57.96 billion in 2025 at a compound annual growth rate (CAGR) of 10.4%. The growth in the historic period can be attributed to medical device industry growth, rising healthcare expenditure, infection control measures, evolving sterilization techniques, growing awareness of infection control.
The sterile medical packaging market size is expected to see rapid growth in the next few years. It will grow to $94.49 billion in 2029 at a compound annual growth rate (CAGR) of 13.0%. The growth in the forecast period can be attributed to biologics and biopharmaceuticals, aging population, pharmaceutical serialization, customization and sustainability, e-commerce in healthcare. Major trends in the forecast period include advanced barrier materials, rfid and track-and-trace, e-commerce packaging, child-resistant packaging, tamper-evident packaging.
Gain Exclusive Market Insights—Customize Your Research Report Today For Fast Delivery!
https://www.thebusinessresearchcompany.com/customise?id=4114&type=smp
Who are the key players driving competition in the sterile medical packaging market?
Major companies operating in the sterile medical packaging market include Amcor Limited, DuPont De Nemours and Company, 3M Company, West Pharmaceutical Services Inc., Oliver Healthcare Packaging LLC, Placon Corporation, Oracle Packaging, Riverside Medical Packaging Company Ltd., Wipak Group., Steripack Ltd., BillerudKorsnäs, Techinipaq Inc., GS Medical Packaging Inc., Sonoco Products Company, Nelipak Healthcare Packaging, Januaryco Inc., Berry Global Inc., Gerresheimer AG, Schott AG, Sealed Air Corporation, Bemis Company Inc., Mitsubishi Chemical Holdings Corporation, UFP Technologies Inc., Huhtamaki Oyj, Klockner Pentaplast Group, Pregis LLC, Prent Corporation, Printpack Inc., Beacon Converters Inc., Perfecseal Inc., GVS Group, Vanrx Pharmasystems Inc., ProAmpac LLC, Tekni-Plex Inc., Constantia Flexibles Group GmbH, Nelipak Corporation
What key trends are expected to drive the stem cell assay market during the forecast period?
Major companies operating in the sterile medical packaging market are focused on developing recyclable thermoforming films to improve barrier properties and reduce waste, ensuring that medical devices and pharmaceuticals maintain their sterility and integrity throughout their lifecycle. Recyclable thermoforming film refers to specialized plastic films that are shaped and formed through a heating process to create protective packaging for medical devices, equipment, and products. The film is compatible with multiple sterilization methods, including ethylene oxide (EO), plasma, and gamma irradiation. This feature is crucial for maintaining the sterility of medical devices For instance, in November 2023, Coveris Inc, an Austria-based Packaging company, launched Formpeel P, a recyclable thermoforming film, Formpeel P is designed to be recyclable, aligning with Coveris’s commitment to sustainability and waste reduction in packaging solutions. Depending on the intended use, Formpeel P can be applied on a peelable polyethylene (PE) or polyolefin (PO) base. This flexibility allows it to cater to a range of medical packaging needs.
Which key geographies are driving the growth of the sterile medical packaging market?
North America was the largest region in the sterile medical packaging market share in 2024. The regions covered in the sterile medical packaging market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Order Your Report Now For Swift Delivery
https://www.thebusinessresearchcompany.com/report/sterile-medical-packaging-global-market-report
What are the key segments driving growth in the sterile medical packaging market?
The sterile medical packaging market covered in this report is segmented –
1) By Material: Plastics, Glass, Metal, Paper & Paperboard, Other Materials
2) By Type: Thermoform Trays, Sterile Bottles & Containers, Sterile Closures, Pre-Fillable Inhalers, Pre-Fillable Syringes, Vials & Ampoules, Blister & Clamshells, Bags & Pouches, Wraps, Other Types
3) By Application: Pharmaceutical & Biological, Surgical & Medical Instruments, In-Vitro Diagnostic Products, Medical Implants, Other Applications
Subsegments:
1) By Plastics: Polyethylene (PE), Polypropylene (PP), Polyvinyl Chloride (PVC), Polyethylene Terephthalate (PET), Thermoformable Plastics
2) By Glass: Type I Glass, Type II Glass, Type III Glass, Amber Glass for Light Protection
3) By Metal: Aluminum, Stainless Steel, Tinplate, Other Metal Alloys
4) By Paper & Paperboard: Medical-Grade Paper, Coated Paperboard, Kraft Paper
5) By Other Materials: Composite Materials, Biodegradable Materials, Non-Woven Fabrics
Purchase The Exclusive Report Now To Unlock Valuable Market Insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=4114
How is the sterile medical packaging market defined?
Sterile medical packaging refers to a packaging process of enclosing medical goods by using a material that is a non-reusable packing material that prevents the spread of microbes and reduces the chance of contamination. This packaging is intended to protect the sterility from the point of packaging until the time of use.
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
https://thebusinessresearchcompany.com/
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
