Share on

Asia Pacific Medical Flexible Packaging Market Research Report – Segmented By Application, Material, Packaging Type, Packing Type and Country (India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore and Rest of APAC) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2022 to 2027)

Published: March, 2023
ID: 7644
Pages: 145
Formats: report pdf report excel report power bi report ppt

APAC Medical Flexible Packaging Market Size (2022 to 2027)

The size of the medical flexible packaging market in Europe was valued at around USD 9.92 billion in 2022. It is expected to increase to USD 13.13 billion by 2027, at a CAGR of 5.77%.

Disposable medical items have become increasingly popular in recent years, necessitating the adoption of more flexible packaging. The need for flexible medical packaging is growing in the medical device manufacturing and pharmaceutical industries. The potential to reduce packing weight by around 70% and progress in creating environmentally friendly packaging materials is expected to drive this market significantly. Easy identification and branding, better product protection, faster transportation, and improved health and hygiene are just a few of the advantages of this technology. As a result, in the following years, the market will undoubtedly gain from this move.   Growing economies are also anticipated to contribute to market expansion, as these nations require vast amounts of packaging to suit their demands.

Increasing environmental and health concerns are further contributing to the growth in this regional market and an increase in demand from pharmaceutical and medical device manufacturers. In APAC, flexible packaging is expected to increase demand for market growth, given its minimizing gross weight by 70%. The development of the APAC medical flexible packaging market has also been bolstered by rising consumer revenue in end-user industries like food, beverage, cosmetic, and personal care and an increase in e-commerce activities, especially in existing economies. 

However, price fluctuations associated with raw materials are expected to hamper the growth rate of the market. Moreover, government guidelines and regulations regarding polymers and reprocessing may impede the growth of the APAC medical flexible packaging market during the forecast period.

This research report on the Asia Pacific medical flexible packaging market has been segmented and sub-segmented into the following categories:

By Application:

  • Medical devices
  • Implants
  • IVD'S
  • Medical equipment
  • Contract packaging

By Material:

  • Paper
  • Non-woven fabric
  • Polymer
  • Aluminum
  • Plastics
    • Polyethylene
    • Polypropylene
    • Polyethylene Terephthalate
    • Polyvinyl Chloride
    • Others

By Packaging:

  • Trays
  • Boxes
  • Pouches
  • Bags
  • Lids
  • Labels
  • High barrier films
  • Seals

By Country:

  • India
  • China
  • Japan
  • South Korea
  • Australia
  • New Zealand
  • Thailand
  • Malaysia
  • Vietnam
  • Philippines
  • Indonesia
  • Singapore
  • Rest of APAC

Among all the regions, the necessity to meet international safety standards has resulted in a massive increase in the packaging industry in this region over the last decade. Due to rising demand from emerging economies like India and China, the Asia Pacific market is expected to account for a substantial share of the global market during the forecast period. As healthcare revenue rises, as will per capita income, market development is anticipated to be positive. One of the major end-use sectors in the area is contract manufacturing in the forecast period. Therefore, manufacturers of medical flexible packaging are expected to benefit from its growth.

In the developing APAC region, there are enormous opportunities for pharmaceutical and medical device industries, which leaves these industries in demand for medical flexible packaging.

KEY MARKET PLAYERS:

Companies playing a vital role in the Asia Pacific medical flexible packaging market profiled in this report are Winpak Ltd., Sealed Air Corporation, Huhtamaki Oyj, Amcor, Daetwyler Holding, Catalent Pharma Solutions, Mondi Group, Westrock Company, Aptar Group, Berry Plastics Group, and Becton Dickinson & Company.

Please wait. . . . Your request is being processed

Related Reports

Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2000

Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM

Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!

REACH OUT TO US

Call us on: +1 888 702 9696 (U.S Toll Free)

Write to us: [email protected]

Click for Request Sample