The Medical Flexible Packaging Market size in Europe is predicted to grow USD 13.13 billion by 2026 and USD 9.92 billion in 2021, growing at a CAGR of 5.77% during the forecast period.
The increasing pharmaceutical market in this region and the growth of medication delivery techniques are driving the industry. Medical packaging is commonly used for packaging medical devices, equipment, implants, and medications. The European market for medical flexible packaging is further expected to be driven by rising income levels, more healthcare awareness, and increased chronic diseases. Flexible packaging solutions are widely used in the medical and pharmaceutical industries due to product diversity, low weight, ease of disposal, and the need for fewer raw materials, which is propelling market expansion. Plastics, paper, and aluminum are the most common materials used in producing flexible packaging goods, with plastics making for the greatest share of the market. During the forecast period, an increase in modern retailing, high consumer income, and acceleration in e-commerce activities are expected to boost the European medical flexible packaging market.
Disposable goods have several advantages, including ease of use, sterility, and safety. Single-use disposables are also more cost-effective and efficient since they do not require the product to be re-sterilized before use. Another important reason driving demand for disposable goods is the reduced danger of cross-contamination, promoting the market growth. Higher tensile strength than metal equivalents, as well as a wide range of options available, is projected to fuel market expansion in the next few years. Due to growing demand in end-use sectors such as food, beverage, cosmetics & personal care, and pharmaceutical, the flexible plastic packaging market is projected to develop significantly in the future. Concerns about using biodegradable polymers in flexible packaging and their impact on the environment have prompted manufacturers to develop safe and secure sustainable packaging solutions. In medical device packaging, a variety of films are utilized. These materials are incredibly versatile and come in various forms, including mono films, laminations, and coextrusions. The material utilized in a medical device is determined by the performance qualities necessary for the device's use.
Plastic packaging waste recycling is a complex process that necessitates advanced infrastructure. It's a time-consuming procedure that necessitates staff knowledge. However, this region does not have these recycling facilities. The market's growth is likely to be hampered by stringent regulations established by governments across the region over the usage of plastics and their harmful impact on the environment. In the next few years, the industry will be constrained by stringent regulatory policies on processes and the high costs connected with various devices.
This research report on the European medical flexible packaging market has been segmented and sub-segmented into the following categories:
By Application:
By Material:
By Packaging:
By Country:
There has been an increase in packaging needs among all the regions because there has been a rising penetration of retail companies in these places. Medical device market expansion in Europe, increasing healthcare expenditure on medical technology, and a trend toward smart packaging of medical equipment drive the industry. Furthermore, the industry is expected to develop in line with expanding the medical device market in Europe. With the coronavirus pandemic, however, there are growing worries about cleanliness and safety, which might lead to an increase in the usage of plastic packaging solutions in Europe. In addition, the surge in medical device distribution has increased the need for single-use packaging, which has influenced the demand for polystyrene, polyethylene, and plastic packaging materials.
KEY MARKET PLAYERS:
Companies dominating the European 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.
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Application
5.1.1 Introduction
5.1.2 Medical devices
5.1.3 Implants
5.1.4 IVDs
5.1.5 Medical euipments and tools
5.1.6 Contract packaging
5.1.5 Y-o-Y Growth Analysis, By Application
5.1.6 Market Attractiveness Analysis, By Application
5.1.7 Market Share Analysis, By Application
5.2 Material
5.2.1 Introduction
5.2.2 Paper
5.2.3 Non woven fabric
5.2.4 Polymer
5.2.5 Aluminium
5.2.6 Plastics
5.2.7 Y-o-Y Growth Analysis, By Material
5.2.8 Market Attractiveness Analysis, By Material
5.2.9 Market Share Analysis, By Material
5.3 Packaging type
5.3.1 Introduction
5.3.2 Trays
5.3.3 Bags
5.3.4 Pouches and bags
5.3.5 Lids and lables
5.3.6 High barrier films
5.3.7 Seals
5.3.8 Y-o-Y Growth Analysis, By Packaging type
5.3.9 Market Attractiveness Analysis, By packaging type
5.3.10 Market Share Analysis, By Packaging type
5.4 Packing type
5.4.1 Introduction
5.4.2 Primary
5.4.3 Secondary
5.4.4 Tertiary
5.4.6 Other Diseases
5.4.7 Y-o-Y Growth Analysis, By Packing type
5.4.8 Market Attractiveness Analysis, By Packing type
5.4.9 Market Share Analysis, By Packing type
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Application
6.1.3.3 By Material
6.1.3.4 By Packaging type
6.1.3.5 By Packing type
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Application
6.1.4.3 By Material
6.1.4.4 By Packaging type
6.1.4.5 By Packing type
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Application
6.1.5.3 By Material
6.1.5.4 By Packaging type
6.1.5.5 By Packing type
6.2 U.K
6.3 Spain
6.4 Germany
6.5 Italy
6.6 France
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Amcor
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Winpak Ltd.
8.3 Sealed air corporation
8.4 Daetwyler Holding
8.5 Huhtamaki oyj
8.6 Catalent Pharma solutions
8.7 Mondi Group
8.8 Westrock Company
8.9 Aptar Group
8.10 Berry Plastics group
8.11 Becton dickinson & Company
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
Related Reports
