Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 124.10 Billion | USD 177.03 Billion | 6.10% | 2021 |
FrequentlyAsked Questions
One of the most pervasive developments in the provision of medical and surgical equipment is the rise of disposable kits. In medical, diagnostic, and surgical procedures, as well as for certain health professionals who require a pre-packaged, sterilized plastic container carrying their particular selection of tools, devices, and related peripherals, these products are becoming more and more specialized. The strength of government support for healthcare and pharmaceutical institutes for drug discovery is projected that plastic packaging used in the healthcare sector will increase even more.
The global healthcare packaging market size was worth USD 124.10 billion in 2021 and is estimated to grow to USD 177.03 billion by 2028, with a compound annual growth rate (CAGR) of approximately 6.10 percent over the forecast period.
America is anticipated to govern the global market during the forecast period. The United States is one of the largest geographical markets for healthcare packaging products due to its advanced primary medical community, extensive medical and life science research activities, high healthcare spending intensity, and sizable pharmaceutical and medical.
Key players in the global healthcare packaging market include Amcor plc, Gerresheimer AG., DS Smith Plc, Huhtamäki Oyj, Berry Global, Inc., Sonoco Products Company, Sealed Air Corporation, Constantia Flexibles Group GmbH, Winpak Ltd., CCL Industries Inc., 3M Company, Dunmore Corporation, Toray Plastics . Inc., WestRock Company, Mondi Group, BillerudKorsnäs AB, Ball Corporation, Honeywell International, Klöckner Pentaplast Europe GmbH & Co. KG, Avery Dennison Corporation and other players.
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