Global Healthcare Packaging Market witnessed a higher CAGR growth in the estimated period. When drugs are packed technical considerations need to be assessed for product's shipment and the primary focus must encompass the logistics and handling of that product. For instance, if a product is to be shipped from point A to point B, the manufacture must evaluate the tertiary packaging components for the shipment; such as cardboard containers, shrink-wrap and wood pallets.
During such packaging, product & shipping characteristics are need to be assessed. The physical and chemical characteristics of the product get registered along with the regulatory agencies, but in some cases this information is not suffice. Hence, other techniques such as RFID should also be considered and should be routinely assessed during the developmental stages of primary and secondary packaging.
Market driving factors such as rising investment for healthcare packaging and increase in demand for best healthcare practices adds to the market growth in the estimated period. Government regulations and norms also contributed to the market growth in the estimated period.
Based on industries segment, the healthcare packaging market is segmented into medical device and pharmaceutical.
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Based on material segmentation, the healthcare packaging market is segmented into glass, plastic and paperboard. Based on end markets, the healthcare packaging market is segmented into blister packs, plastic bottles, pre-fillable syringes and caps & closure. Pre-fillable syringes market dominated the market segment owing to rising demand.
Geographically, healthcare packaging market spans North America, Latin America, Europe, Asia-Pacific, Middle-East and Africa. APAC market dominated the global scenario in the estimated period owing to rise in medical cases and medical infrastructure. Europe and North America also dominated the market growth in the estimated period.
The key players in the healthcare market include Amcor Limited, 3M Company, Avery Dennison Corporation, Beacon Plastics, Bemis Company, Berry Plastics Corporation, CCL Industries Inc, Campak Inc, Dupont, Constantia Flexibles Group GmbH, E.I. Du Pont De Nemours and company, Klockner Penteplast Group, Hamer Packaging Technology, Placon Corporation and Oliver Healthcare Packaging. Click here to read the full release
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