Sterile Medical Packaging Market By Material (Plastics, Metal, Glass, Others), By Packaging Type (Thermoform Trays, Bottles, Vials & Ampoules, Blister & Clamshells, Others), By Application (Surgical Instruments, Pharmaceutical, Others), By Sterilization Method (High Temperature/ Pressure Sterilization, Chemical Sterilization, Radiation Sterilization), and By Region (North America, Europe, Asia Pacific, Latin America, MEA), - Global Forecasts 2017 to 2027

Date : Apr 2021

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Report ID : 75

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Category : Packaging Materials

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Report Format:  PDF EXCEL PPT WORD

Sterile Medical Packaging Market Introduction:

The market for sterile medical packaging is growing worldwide on account of rising investments in the healthcare sector, increasing aging population, and outbreaks of infectious diseases.  The recent outbreak of Covid-19 has also helped in driving growth in the sterile medical packaging market. The product development initiated jointly by chemical/polymer resin companies and medical device packaging converters has resulted in new products and technologies which in turn aided the growth of this market. New technologies or processes like co-extrusions and new materials like good new flexible materials such as metallocene plastics have also helped driving growth in this market. Medical Packaging companies need to adhere to strict guidelines, rules, and regulations thus the selection of packaging materials is highly crucial and these materials should exhibit a high level of integrity. Different types of medical packaging products include sterile barrier pouch systems, custom medical trays, and lid products.

Impact of COVID-19 on the sterile medical packaging market:

The coronavirus pandemic has impacted the major industries and business segments across the globe. Major countries such as U.S., U.K., China, and India, among others were heavily impacted by the COVID-19 pandemic. The covid-19 pandemic led to an increase in the demand for medical supplies like medicines, masks, devices, syringes, etc. leading to an increased demand for their primary and secondary packaging thereby driving growth in the sterile medical packaging market.

Sterile Medical Packaging Market Analysis:
Valued more than USD 35.2 billion in 2020, the sterile medical packaging market is set to grow at a compounded annual growth rate of 10%. This market is expected to reach an approximate valuation of USD 62.4 billion by the end of 2027.

Sterile Medical Packaging Market

The plastic segment is expected to account for the largest share of the sterile medical packaging market in the forecast period

On the basis of material type sterile medical packaging can be segmented as plastics, metal, glass, and others. The plastic segment of the sterile medical packaging captured the largest market revenue share in the year 2020. Plastic polymers used to make sterile medical packaging include HDPE, polyester, and polypropylene. These are extensively used to make bottles, vials & ampoules, and pre-filled syringes in the sterile medical packaging market. Change in focus towards sustainable packaging is the major trend impacting this segment.

Geographic Analysis of Sterile Medical Packaging Market:

North America dominated the sterile medical packaging market in 2020. It accounted for the largest global market share in terms of revenue. The region is also expected to grow in terms of the highest CAGR in the forecast period. This region is envisaged to maintain its dominance throughout the forecast period. The presence of significant companies in the region will be the major driving factor for the regional market. Extensive R&D and innovation activities have also helped in creating lucrative opportunities for the regional market growth. The other factors which helped in driving growth in North America include multiple regulations imposed by the FDA, which assisted in creating demand for sustainable and high-quality products. The Asia Pacific and Latin America regions have also created new opportunities for manufacturers due to the presence of a large number of pharmaceutical manufacturers in these regions.

The pharmaceutical segment is expected to account for the largest share of the sterile medical packaging market during the forecast period.

In terms of application the pharmaceutical & biological application expected to lead the sterile medical packaging market in the forecast period. The growth of this segment has been characterized by trends and technological advancements on account of the advent of new healthcare medicines. The processing and packaging of pharmaceutical & biological products undergo a stringent quality control process which comprises of extensive inspections, quality checks to ensure adherence to regulatory compliances about the drug contents and the material used in packaging.

The thermoform trays segment is expected to account for the largest share of the sterile medical packaging market in the forecast period

Based on type, the sterile medical packaging market can be segmented as Thermoform Trays, Bottles, Vials & Ampoules, Blister & Clamshells, and Others.  Thermoform trays segment is expected to be the biggest segment and at the same time projected to record the highest CAGR. Semi-rigid and flexible are two types of thermoform trays popular in the healthcare industry. These are increasingly gaining popularity on account of their versatile nature, transportation ease, and lightweight.

Sterile Medical Packaging Market Drivers and Restraints:

Drivers:

  • Increasing application in healthcare and pharmaceutical industries
  • Increasing aging population

Restraints:

  • Regulations and standards
  • Rising raw material prices

Opportunities:

  • Sustainable packaging options

Challenges:

  • Maintaining package integrity

The report also provides an in-depth impact analysis of market trends of sterile medical packaging

Sr. No. Trends Impact
1 The sterile medical packaging industry players are increasing their production to meet the additional demand for healthcare products needed to tackle the ongoing Covid-19 pandemic Positive
2 Continuous product innovation and technological advancements Positive
3 Emergence of new materials such as metallocene polyolefins and co-extrusion processes Positive

The research report analyses the ecosystem of the sterile medical packaging market and categorizes the sterile medical packaging market to forecast the revenues and analyze the trends in each of the following below-mentioned market segments.

By Material

  • Plastics
  • Metal
  • Glass
  • Others

By Sterilization Method

  • High Temperature/ Pressure Sterilization
  • Chemical Sterilization
  • Radiation Sterilization

By Type of Packaging

  • Thermoform Trays
  • Bottles
  • Vials & Ampoules
  • Blister & Clamshells
  • Others

By Application

  • Surgical Instruments
  • Pharmaceutical
  • Others

By Region

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Norway
    • Italy
    • Spain
    • Netherlands
    • Rest Of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • New Zealand
    • Rest Of Asia Pacific
  • South America
  • ROW

Company Profiles and Competitive Intelligence Covered in Sterile Medical Packaging Market Report are:

  1. Amcor Limited
  2. Beacon Converters
  3. Bemis Company, Inc.
  4. Becton, Dickinson and Company
  5. Sonoco Products Company
  6. Cardinal Health
  7. E.I. Du Pont Nemours and Company
  8. Mondi Group
  9. Klöckner Pentaplast
  10. Sealed Air
  11. Pioneer Packaging
  12. West Pharmaceutical Services, Inc
  13. Steripack Ltd.
  14.  Wipak group
  15.  Placon corporation
  16. Riverside Medical Packaging Company Ltd
  17. Nelipak Healthcare Packaging Limited
  18. Oliver healthcare packaging company
  19. Technipaq inc.
  20. Multivac Sepp Haggenmüller Se & Co. Kg
  21. Janco Inc.
  22. Eagle Flexible Packaging
  23. Berry Global Inc.
  24. Proampac llc
  25. Selenium Medical SAS
  26.  Ecobliss India Pvt. Ltd.
  27.  Uflex limited
  28. RUPS
  29. Dynarex Corporation
  30. VP Group
  31. Ströbel GmbH
  32. Vetter Pharma
  33. Argolin
  34. Adelphi Healthcare Packaging
  35. Helapet Ltd.
  36. Granton Cleanline
  37. Henderson Biomedical
  38. PMS Healthcare Technologies
  39. Spartech
  40. Sabre Medical
  41. GS Medical Packaging

Recent News and Developments in the Sterile Medical Packaging Market Value Chain:

 

Sr. No. Date News Category Description
1 Apr-21 Partnership Winpak and Wipak forged a partnership to form a new global brand: Wiicare for healthcare packaging. The objective of this alliance is to become the most successful supplier of healthcare packaging at a global level
2 Mar-21 Investment Berry established a dedicated global rigid healthcare packaging and device business unit. The company is also focusing on the digitalization of packaging and healthcare products
3 Dec-20 Investment Technipaq Inc . a leading manufacturer of flexible sterilizable packaging solutions investment in sophisticated air-knife coating machines. This investment helped it to find a place in a group of few medical packaging manufacturers that have such unique capabilities
3 Aug-20 Rebranding TEQ rebranded its business post Sonoco acquisition. Thermoformer TEQ was formerly known as Plastique across Europe. Post the acquisition the company has renamed its brand all its manufacturing locations as TEQ.

The unique insights provided by this report also includes the following:

  1. In-depth value chain analysis
  2. Opportunity mapping
  3. Sector snapshot
  4. Technology landscape
  5. Regulatory scenario
  6. Patent trends
  7. Market trends
  8. Covid-19 impact analysis
  9. Raw material supply analysis
  10. Pricing trends
  11. Sustainability trends and environmental concerns
  12. Critical Success Factors
  13. Competitive Landscape
  14. Customer preferences.

Author Credentials

Priyanka has been writing chemicals & material market research reports for the last 12 years. A post-graduate, her specialization is in the chemicals sector. Preparing end-to-end reports covering minute details for market insights, competitive intelligence and trend analysis in the CMFE sector.

  1. INTRODUCTION
    1. Product Outline
    2. What is sterile medical packaging
    3. Different types of sterile medical packaging  
    4. Analysis of sterile medical packaging  ecosystem
    5. Supply Chain Analysis
    6. Covid -19 Impact
    7. Market Dynamics
      1. Drivers
      2. Restraints
      3. Opportunities
      4. Threats
    8. Technology Overview
    9. Patent Analysis
  2. Technology and Regulatory Landscape for Sterile medical packaging    
    1. Regulations and Standards
  3. Sterile Medical Packaging  Market Pricing Analysis
    1. Prices of Sterile medical packaging   
  4. Sterile Medical Packaging  Market by Type Of Material
    1. Plastics
    2. Metal
    3. Glass
    4. Others
  5. Sterile Medical Packaging  Market  by Type Of Packaging
    1. Thermoform Trays
    2. Bottles
    3. Vials & Ampoules
    4. Blister & Clamshells
    5. Others
  6. Sterile medical packaging  Market  by Application
    1. Surgical Instruments
    2. Pharmaceutical
    3. Others
  7. Sterile medical packaging  Market by Sterilization Method
    1. High Temperature/ Pressure Sterilization
    2. Chemical Sterilization
    3. Radiation Sterilization
    4. Others
  8. Regional Analysis
    1. North America
      1. US
      2. Canada
      3. Mexico
    2. Europe
      1. Germany
      2. UK
      3. France
      4. Norway
      5. Italy
      6. Spain
      7. Netherlands
      8. Rest Of Europe
    3. Asia Pacific
      1. China
      2. India
      3. Japan
      4. Australia
      5. New Zealand
      6. Rest Of Asia Pacific
    4. Middle East and Africa
    5. South America
  9. Key Strategic Insights
    1. New Raw Material Sources
    2. New Applications
    3. Emerging Technologies
    4. Opportunity mapping
    5. Critical Success Factors
    6. Environmental Impact and sustainability issues
    7. Consumer preferences
  10. Key Market Trends / Recent Developments
  11. Competitive Scenario
    1. Competitive Strategies of Key Players
      1. Mergers and Acquisitions
      2. Investments
      3. Joint Ventures
      4. New Product launches
    2. Strength of product portfolio
    3. Ranking of Key Players
    4. Presence of players by Geographies
  12. KEY GLOBAL PLAYERS
    1. Amcor Limited
    2. Beacon Converters
    3. Bemis Company, Inc.
    4. Becton, Dickinson and Company
    5. Sonoco Products Company
    6. Cardinal Health
    7. E.I. Du Pont Nemours and Company
    8. Mondi Group
    9. Klöckner Pentaplast
    10. Sealed Air
    11. Pioneer Packaging
    12. West Pharmaceutical Services, Inc
    13. Steripack Ltd.
    14.  Wipak group
    15.  Placon corporation
    16. Riverside Medical Packaging Company Ltd
    17. Nelipak Healthcare Packaging Limited
    18. Oliver healthcare packaging company
    19. Technipaq inc.
    20. Multivac Sepp Haggenmüller Se & Co. Kg
    21. Janco Inc.
    22. Eagle Flexible Packaging
    23. Berry Global Inc.
    24. Proampac llc
    25. Selenium Medical SAS
    26.  Ecobliss India Pvt. Ltd.
    27.  Uflex limited
    28. RUPS
    29. Dynarex Corporation
    30. VP Group
    31. Ströbel GmbH
    32. Vetter Pharma
    33. Argolin
    34. Adelphi Healthcare Packaging
    35. Helapet Ltd.
    36. Granton Cleanline
    37. Henderson Biomedical
    38. PMS Healthcare Technologies
    39. Spartech
    40. Sabre Medical
    41. GS Medical Packaging
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