Medical Packaging Films Market to surpass USD 15 billion by 2032, Says Global Market Insights inc.
Medical Packaging Films Industry size is expected to register 7% CAGR between 2024 and 2032 propelled by rising demand for pharmaceutical products.
Selbyville, Delaware , Oct. 24, 2024 (GLOBE NEWSWIRE) — Medical Packaging Films Market was valued at USD 8.1 billion in 2023 and is projected to be worth USD 15 billion by the end of 2032, as per a
North America dominated the global medical packaging films market in 2023, capturing over 35% of the total share. The region, especially the U.S., benefits from its advanced healthcare infrastructure, high R&D investments, and strong pharmaceutical sector. The growing demand for innovative and sustainable packaging solutions is driven by increasing rates of chronic diseases and the development of specialty drugs. Additionally, sustainability is gaining prominence, with manufacturers increasingly focusing on eco-friendly materials and practices to meet regulatory and consumer expectations.
Medical Packaging Films Market Players
Companies including Amcor, Berry Global, DuPont, Sealed Air, Klockner Pentaplast, Mitsubishi Chemical, Toppan are some firms working in medical packaging films industry.
The medical packaging films market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue (USD million) from 2021 to 2032, for the following segments:
Market, By Type
- Thermoformable film
- Barrier films
- Metallized film
- Others
Market, By Material
- Polyethylene (PE)
- Polypropylene (PP)
- Polyvinyl chloride (PVC)
- Polyamide
- Polyester (PET)
- Others
Market, By Application
- Bags
- Tubes
- Others
About Global Market Insights
Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
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