Global Medical Packaging Films Market To Witness Spectacular Growth And Reach USD 13.14 Billion By 2032

As per Zion Market Research, the medical packaging films market is expected to develop to USD 13.14 Billion by 2032 with a CAGR of 6.23% from USD 7.63 Billion in 2023. The factors boosting the development of medical packaging films market comprise expenditure on healthcare services, rising cases of chronic conditions, the increasing requirement for bi-axially oriented films, and the increasing requirement for bioplastic material. Major players in the global market are Berry Global Group, Amcor, Weigao Group, DuPont, Covestro AG, PolyCine, Wipak Group, Glenroy and 3M Company, and Renolit SE.

Bags Segment Expected To Lead The Global Market In Terms Of Value And Volume

On the basis of application, the bags section is predicted to dominate the global market, in terms of volume and value, in the forecast period. Medical bags are used extensively in the sector, specifically when low-priced packaging is needed in huge quantities. The main benefit of employing bags is ease of transportation, protection of medical products, and brand promotion. Bags are used highly to store medicines, first aid kits, or medical tools. Pouches are also employed to store medicines or tools in liquid format.

Polypropylene Segment Predicted To Develop At A Rapid Speed In Terms Of Value

On the basis of material, the polypropylene section in the global market is predicted to develop at the max CAGR during the forecast period in terms of value. PP or polypropylene is a low-priced thermoplastic with high gloss, high clarity, and improved tensile strength. It has high melting point as compared to PE, which makes it appropriate for applications that need high temperature sterilization. PP can be metalized that leads to enhanced gas barrier characteristics for different applications where long shelf life of the product is essential.

Asia Pacific Market Predicted To Develop Swiftly During The Forecast Period In Terms Of Value

The medical packaging films market in Asia Pacific is expected to develop at the max CAGR in terms of value in the forecast period. The Asia Pacific market is expected to undergo important development owing to the elevated requirement for medical packaging films from densely populated nations such as China and India, as these packaging solutions provide advantages such as sustainability, cost-savings, and security of packaged goods. In addition to this, the Asia Pacific area is expected to dominate the market during the forecast period in terms of volume and value. The medical packaging films market in Asia Pacific is expected to undergo a positive development owing to the rise in the requirement for sustainable packaging solutions from end-use sector, solid industrial base, and the attendance of major players in the region in the medical packaging films market.

Browse the full “Medical Packaging Films Market Material type (Polyethylene, Polyvinyl chloride, Polypropylene and Polyamide), Product type (Co-extruded films, Thermoformable films, High barrier films and Formable films), Application (Lidding, Blister packs, Sachets, Bags & pouches and Tubes), End-user (Medical devices, Healthcare and Pharmaceuticals): Global Industry Perspective, Comprehensive Analysis and Forecast, 2024 – 2032.” Report at https://www.zionmarketresearch.com/report/medical-packaging-films-market

The global medical packaging films market is segmented as follows:

By Material

• Polyamide (PA)  
• Polypropylene (PP)
• Polyvinyl Chloride (PVC)
• Polyethylenes (PE)
• Others

By Type

• Thermoformable Film  
• Metallized Film 
• High Barrier Film  
• Others

By Application

• Bags
• Parenteral Nutrition Bags 
• Blood Bags 
• Biomedical Bags 
• Drainage Bags 
• Tubes 
• Other Bags

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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