Product Code: GVR-1-68038-893-0
Medical Flexible Packaging Market Growth & Trends:
The global medical flexible packaging market size is expected to reach USD 27.72 billion by 2030, expanding at 5.4% CAGR from 2024 to 2030, according to a new report by Grand View Research, Inc. The increased prevalence of chronic diseases, technological advancements, increase in individual therapy, and growing awareness regarding metabolism among the population are some of the major factors driving the demand for drug-delivery devices.
Growing efforts toward formulating dosage forms to maximize the bioavailability of the drug at the target site while increasing the convenience of patients remain key to market growth. The introduction of novel drug delivery systems, such as sub-dermal implants, which are available in different forms like rings and patches is expected to aid the demand for drug delivery devices.
Asia Pacific dominated the medical flexible packaging industry in 2022, backed by growing demand from China and India. The growing healthcare industry in these countries coupled with rising per capita healthcare expenditures are expected to have a positive impact on market growth. The growing generics manufacturing and contract manufacturing facilities are also expected to have a positive impact on market demand for these products.
Medical device manufacturing is the fastest and largest end-use segment in the U.S. The presence of a large number of medical device manufacturers is driving the demand for these products. Implant demand has witnessed significant growth due to growing health problems among the population. The growth in implant manufacturing is expected to have a positive impact on the demand for flexible medical packaging products.The presence of major players such as Amcor and Bemis is expected to further boost market growth over the forecast period. The demand in the region is driven by countries such as the United States and Mexico.
Medical Flexible Packaging Market Report Highlights:
- The plastics segment led the market with the largest revenue share of over 73.0% in 2023 owing to the presence of a wide variety of options from this material and their ability to provide high tensile strength than their metal counterparts
- The pouches & bags segment is expected to witness significant growth over the forecast period. The development of barrier packaging and other specialized forms is expected to further boost the demand for these products
- Asia Pacific region is expected to witness the fastest growth over the forecast period. The growing population, rising purchasing power, and increased health awareness among the Chinese are boosting the packaging business rapidly
- The market for medical flexible packaging represents a competitive landscape with key players sharing the market space. Some of the key competitive strategies taken by the key players include expansion of product portfolio, mergers & acquisitions, and product innovation
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Materials & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
- 1.7. List of Abbreviations
Chapter 2. Executive Summary
- 2.1. Market Outlook, 2023 (USD Million)
- 2.2. Segmental Outlook
- 2.2.1. Material Outlook
- 2.2.2. Product Outlook
- 2.2.3. End-use Outlook
- 2.3. Competitive Landscape Snapshot
Chapter 3. Medical Flexible Packaging Market Variables, Trends, and Scope
- 3.1. Market Lineage Outlook
- 3.2. Industry Value Chain Analysis
- 3.2.1. Raw Material Trends
- 3.2.1.1. Plastics
- 3.2.1.2. Paper
- 3.2.1.3. Aluminum
- 3.2.1.4. Bioplastics
- 3.2.2. Manufacturing Trends
- 3.2.3. Profit Margin Analysis
- 3.2.4. Sales Channel Analysis
- 3.3. Technology Overview/ Timeline
- 3.4. Regulatory Framework
- 3.4.1. Standard & Compliance
- 3.4.2. Safety
- 3.5. Market Dynamics
- 3.5.1. Market Driver Analysis
- 3.5.2. Market Restraint Analysis
- 3.5.3. Market Challenges Analysis
- 3.5.4. Market Opportunity Analysis
- 3.6. Business Environment Analysis
- 3.6.1. Industry Analysis - Porter's
- 3.6.1.1. Supplier Power
- 3.6.1.2. Buyer Power
- 3.6.1.3. Substitution Threat
- 3.6.1.4. Threat from New Entrant
- 3.6.1.5. Competitive Rivalry
- 3.6.2. PESTEL Analysis
- 3.6.2.1. Political Landscape
- 3.6.2.2. Environmental Landscape
- 3.6.2.3. Social Landscape
- 3.6.2.4. Technology Landscape
- 3.6.2.5. Economic Landscape
- 3.6.2.6. Legal Landscape
- 3.6.3. Market Entry Strategies
- 3.7. Latest Trends & Technologies in the Medical Flexible Packaging Market
- 3.8. Unmet Needs & Challenges in Medical Flexible Packaging Market
- 3.9. Impact of Environmental, Social, and Governance (ESG) initiatives on the Medical Flexible Packaging Market
- 3.9.1. Market Differentiation
- 3.9.2. Regulatory Compliance
- 3.9.3. Industry Collaboration
- 3.9.4. Enhanced Brand Value
- 3.9.5. Addressing Consumer Demands
Chapter 4. Medical Flexible Packaging Market: Market Supplier Intelligence
- 4.1. Kraljic Matrix (Portfolio Analysis)
- 4.1.1. Non-Critical Items
- 4.1.2. Leverage Items
- 4.1.3. Bottleneck Items
- 4.1.4. Strategic Items
- 4.2. Engagement Model
- 4.3. Negotiation Strategies
- 4.4. Sourcing Best Practices
- 4.5. Vendor Selection Criteria
Chapter 5. Medical Flexible Packaging Market: Price Trend Analysis
- 5.1. Pricing Trend Analysis, by Material, 2018 - 2030 (USD/Ton)
- 5.2. Factors Affecting the Pricing Deviation
Chapter 6. Medical Flexible Packaging Market: Supply Demand Gap Analysis
- 6.1. Import Export Analysis, 2018 -2022
- 6.1.1. Top 10 Importing Countries
- 6.1.2. Top 10 Exporting Countries
- 6.2. Potential Opportunities/ Future Scenarios
Chapter 7. Medical Flexible Packaging Market: Material Estimates & Trend Analysis
- 7.1. Definition & Scope
- 7.2. Material Movement Analysis & Market Share, 2023 & 2030
- 7.3. Plastics
- 7.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.4. Paper
- 7.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.5. Aluminum
- 7.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 7.6. Bioplastics
- 7.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
Chapter 8. Medical Flexible Packaging Market: Product Estimates & Trend Analysis
- 8.1. Definition & Scope
- 8.2. Product Movement Analysis & Market Share, 2023 & 2030
- 8.3. Seals
- 8.3.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 8.4. High Barrier Films
- 8.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 8.5. Wraps
- 8.5.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 8.6. Pouches & Bags
- 8.6.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 8.7. Lids & Labels
- 8.7.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 8.8. Others
- 8.8.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
Chapter 9. Medical Flexible Packaging Market: End-use Estimates & Trend Analysis
- 9.1. Definition & Scope
- 9.2. End-use Movement Analysis & Market Share, 2023 & 2030
- 9.3. Pharmaceutical Manufacturing
- 9.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 9.4. Medical Device Manufacturing
- 9.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 9.5. Implant Manufacturing
- 9.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 9.6. Contract Packaging
- 9.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 9.7. Others
- 9.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million) (Kilotons)
Chapter 10. Medical Flexible Packaging Market: Regional Estimates & Trend Analysis
- 10.1. Key Takeaways
- 10.2. Regional Movement Analysis & Market Share, 2023 & 2030
- 10.3. North America
- 10.3.1. Market estimates and forecasts, 2018 - 2030 (USD million) (Kilotons)
- 10.3.2. Market estimates and forecasts, by material, 2018 - 2030 (Kilotons) (USD Million)
- 10.3.3. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
- 10.3.4. Market estimates and forecasts, by end-use, 2018 - 2030 (Kilotons) (USD Million)
- 10.3.5. U.S.
- 10.3.5.1. Market estimates and forecasts, 2018 - 2030 (USD million) (Kilotons)
- 10.3.5.2. Market estimates and forecasts, by material, 2018 - 2030 (Kilotons) (USD Million)
- 10.3.5.3. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
- 10.3.5.4. Market estimates and forecasts, by end-use, 2018 - 2030 (Kilotons) (USD Million)
- 10.3.6. Canada
- 10.3.6.1. Market estimates and forecasts, 2018 - 2030 (USD million) (Kilotons)
- 10.3.6.2. Market estimates and forecasts, by material, 2018 - 2030 (Kilotons) (USD Million)
- 10.3.6.3. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
- 10.3.6.4. Market estimates and forecasts, by end-use, 2018 - 2030 (Kilotons) (USD Million)
- 10.3.7. Mexico
- 10.3.7.1. Market estimates and forecasts, 2018 - 2030 (USD million) (Kilotons)
- 10.3.7.2. Market estimates and forecasts, by material, 2018 - 2030 (Kilotons) (USD Million)
- 10.3.7.3. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
- 10.3.7.4. Market estimates and forecasts, by end-use, 2018 - 2030 (Kilotons) (USD Million)
- 10.4. Europe
- 10.4.1. Market estimates and forecasts, 2018 - 2030 (USD million) (Kilotons)
- 10.4.2. Market estimates and forecasts, by material, 2018 - 2030 (Kilotons) (USD Million)
- 10.4.3. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
- 10.4.4. Market estimates and forecasts, by end-use, 2018 - 2030 (Kilotons) (USD Million)
- 10.4.5. Germany
- 10.4.5.1. Market estimates and forecasts, 2018 - 2030 (USD million) (Kilotons)
- 10.4.5.2. Market estimates and forecasts, by material, 2018 - 2030 (Kilotons) (USD Million)
- 10.4.5.3. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
- 10.4.5.4. Market estimates and forecasts, by end-use, 2018 - 2030 (Kilotons) (USD Million)
- 10.4.6. UK
- 10.4.6.1. Market estimates and forecasts, 2018 - 2030 (USD million) (Kilotons)
- 10.4.6.2. Market estimates and forecasts, by material, 2018 - 2030 (Kilotons) (USD Million)
- 10.4.6.3. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
- 10.4.6.4. Market estimates and forecasts, by end-use, 2018 - 2030 (Kilotons) (USD Million)
- 10.4.7. France
- 10.4.7.1. Market estimates and forecasts, 2018 - 2030 (USD million) (Kilotons)
- 10.4.7.2. Market estimates and forecasts, by material, 2018 - 2030 (Kilotons) (USD Million)
- 10.4.7.3. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
- 10.4.7.4. Market estimates and forecasts, by end-use, 2018 - 2030 (Kilotons) (USD Million)
- 10.4.8. Italy
- 10.4.8.1. Market estimates and forecasts, 2018 - 2030 (USD million) (Kilotons)
- 10.4.8.2. Market estimates and forecasts, by material, 2018 - 2030 (Kilotons) (USD Million)
- 10.4.8.3. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
- 10.4.8.4. Market estimates and forecasts, by end-use, 2018 - 2030 (Kilotons) (USD Million)
- 10.4.9. Spain
- 10.4.9.1. Market estimates and forecasts, 2018 - 2030 (USD million) (Kilotons)
- 10.4.9.2. Market estimates and forecasts, by material, 2018 - 2030 (Kilotons) (USD Million)
- 10.4.9.3. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
- 10.4.9.4. Market estimates and forecasts, by end-use, 2018 - 2030 (Kilotons) (USD Million)
- 10.5. Asia Pacific
- 10.5.1. Market estimates and forecasts, 2018 - 2030 (USD million) (Kilotons)
- 10.5.2. Market estimates and forecasts, by material, 2018 - 2030 (Kilotons) (USD Million)
- 10.5.3. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
- 10.5.4. Market estimates and forecasts, by end-use, 2018 - 2030 (Kilotons) (USD Million)
- 10.5.5. China
- 10.5.5.1. Market estimates and forecasts, 2018 - 2030 (USD million) (Kilotons)
- 10.5.5.2. Market estimates and forecasts, by material, 2018 - 2030 (Kilotons) (USD Million)
- 10.5.5.3. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
- 10.5.5.4. Market estimates and forecasts, by end-use, 2018 - 2030 (Kilotons) (USD Million)
- 10.5.6. India
- 10.5.6.1. Market estimates and forecasts, 2018 - 2030 (USD million) (Kilotons)
- 10.5.6.2. Market estimates and forecasts, by material, 2018 - 2030 (Kilotons) (USD Million)
- 10.5.6.3. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
- 10.5.6.4. Market estimates and forecasts, by end-use, 2018 - 2030 (Kilotons) (USD Million)
- 10.5.7. Japan
- 10.5.7.1. Market estimates and forecasts, 2018 - 2030 (USD million) (Kilotons)
- 10.5.7.2. Market estimates and forecasts, by material, 2018 - 2030 (Kilotons) (USD Million)
- 10.5.7.3. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
- 10.5.7.4. Market estimates and forecasts, by end-use, 2018 - 2030 (Kilotons) (USD Million)
- 10.5.8. South Korea
- 10.5.8.1. Market estimates and forecasts, 2018 - 2030 (USD million) (Kilotons)
- 10.5.8.2. Market estimates and forecasts, by material, 2018 - 2030 (Kilotons) (USD Million)
- 10.5.8.3. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
- 10.5.8.4. Market estimates and forecasts, by end-use, 2018 - 2030 (Kilotons) (USD Million)
- 10.5.9. Australia
- 10.5.9.1. Market estimates and forecasts, 2018 - 2030 (USD million) (Kilotons)
- 10.5.9.2. Market estimates and forecasts, by material, 2018 - 2030 (Kilotons) (USD Million)
- 10.5.9.3. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
- 10.5.9.4. Market estimates and forecasts, by end-use, 2018 - 2030 (Kilotons) (USD Million)
- 10.5.10. Southeast Asia
- 10.5.10.1. Market estimates and forecasts, 2018 - 2030 (USD million) (Kilotons)
- 10.5.10.2. Market estimates and forecasts, by material, 2018 - 2030 (Kilotons) (USD Million)
- 10.5.10.3. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
- 10.5.10.4. Market estimates and forecasts, by end-use, 2018 - 2030 (Kilotons) (USD Million)
- 10.6. Central & South America
- 10.6.1. Market estimates and forecasts, 2018 - 2030 (USD million) (Kilotons)
- 10.6.2. Market estimates and forecasts, by material, 2018 - 2030 (Kilotons) (USD Million)
- 10.6.3. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
- 10.6.4. Market estimates and forecasts, by end-use, 2018 - 2030 (Kilotons) (USD Million)
- 10.6.5. Brazil
- 10.6.5.1. Market estimates and forecasts, 2018 - 2030 (USD million) (Kilotons)
- 10.6.5.2. Market estimates and forecasts, by material, 2018 - 2030 (Kilotons) (USD Million)
- 10.6.5.3. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
- 10.6.5.4. Market estimates and forecasts, by end-use, 2018 - 2030 (Kilotons) (USD Million)
- 10.6.6. Argentina
- 10.6.6.1. Market estimates and forecasts, 2018 - 2030 (USD million) (Kilotons)
- 10.6.6.2. Market estimates and forecasts, by material, 2018 - 2030 (Kilotons) (USD Million)
- 10.6.6.3. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
- 10.6.6.4. Market estimates and forecasts, by end-use, 2018 - 2030 (Kilotons) (USD Million)
- 10.7. Middle East & Africa
- 10.7.1. Market estimates and forecasts, 2018 - 2030 (USD million) (Kilotons)
- 10.7.2. Market estimates and forecasts, by material, 2018 - 2030 (Kilotons) (USD Million)
- 10.7.3. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
- 10.7.4. Market estimates and forecasts, by end-use, 2018 - 2030 (Kilotons) (USD Million)
- 10.7.5. Saudi Arabia
- 10.7.5.1. Market estimates and forecasts, 2018 - 2030 (USD million) (Kilotons)
- 10.7.5.2. Market estimates and forecasts, by material, 2018 - 2030 (Kilotons) (USD Million)
- 10.7.5.3. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
- 10.7.5.4. Market estimates and forecasts, by end-use, 2018 - 2030 (Kilotons) (USD Million)
- 10.7.6. UAE
- 10.7.6.1. Market estimates and forecasts, 2018 - 2030 (USD million) (Kilotons)
- 10.7.6.2. Market estimates and forecasts, by material, 2018 - 2030 (Kilotons) (USD Million)
- 10.7.6.3. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
- 10.7.6.4. Market estimates and forecasts, by end-use, 2018 - 2030 (Kilotons) (USD Million)
- 10.7.7. South Africa
- 10.7.7.1. Market estimates and forecasts, 2018 - 2030 (USD million) (Kilotons)
- 10.7.7.2. Market estimates and forecasts, by material, 2018 - 2030 (Kilotons) (USD Million)
- 10.7.7.3. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
- 10.7.7.4. Market estimates and forecasts, by end-use, 2018 - 2030 (Kilotons) (USD Million)
Chapter 11. Start-up Ecosystem Evaluation, 2023
- 11.1. List of Start-up Companies
- 11.1.1. Progressive Companies
- 11.1.2. Responsive Companies
- 11.1.3. Dynamic Companies
- 11.1.4. Starting Blocks
- 11.2. Government Funding for Start-ups across the globe
Chapter 12. Competitive Landscape
- 12.1. Key Global Players & Recent Developments & Their Impact on the Industry
- 12.2. Key Company/Competition Categorization (Key innovators, Market leaders, emerging players)
- 12.3. List of key Raw Material Distributors and Channel Partners
- 12.4. List of Potential Customers, by End-use
- 12.5. Company Market Share & Position Analysis, 2023
- 12.6. Company Heat Map Analysis
- 12.7. Competitive Dashboard Analysis
- 12.8. Company-Wise Product Prices
- 12.9. Maintaining And Servicing Medical Flexible Packaging
- 12.10. Strategy Mapping
- 12.10.1. Expansion
- 12.10.2. Collaboration/ Partnerships/ Agreements
- 12.10.3. New Product launches
- 12.10.4. Mergers & Acquisitions
- 12.10.5. Divestment
- 12.10.6. Research & Development
- 12.10.7. Others
Chapter 13. Company Listing / Profiles
- 13.1. Amcor plc
- 13.1.1. Company Overview
- 13.1.2. Financial Performance
- 13.1.3. Product Benchmarking
- 13.2. AptarGroup, Inc.
- 13.2.1. Company Overview
- 13.2.2. Financial Performance
- 13.2.3. Product Benchmarking
- 13.3. BD (Becton, Dickinson and Company)
- 13.3.1. Company Overview
- 13.3.2. Financial Performance
- 13.3.3. Product Benchmarking
- 13.4. Berry Global Inc.
- 13.4.1. Company Overview
- 13.4.2. Financial Performance
- 13.4.3. Product Benchmarking
- 13.5. WINPAK LTD.
- 13.5.1. Company Overview
- 13.5.2. Financial Performance
- 13.5.3. Product Benchmarking
- 13.6. Sealed Air
- 13.6.1. Company Overview
- 13.6.2. Financial Performance
- 13.6.3. Product Benchmarking
- 13.7. Mondi
- 13.7.1. Company Overview
- 13.7.2. Financial Performance
- 13.7.3. Product Benchmarking
- 13.8. Huhtamaki Oyj
- 13.8.1. Company Overview
- 13.8.2. Financial Performance
- 13.8.3. Product Benchmarking
- 13.9. Coveris
- 13.9.1. Company Overview
- 13.9.2. Financial Performance
- 13.9.3. Product Benchmarking
- 13.10. WestRock Company
- 13.10.1. Company Overview
- 13.10.2. Financial Performance
- 13.10.3. Product Benchmarking
- 13.11. Datwyler Holding Inc.
- 13.11.1. Company Overview
- 13.11.2. Financial Performance
- 13.11.3. Product Benchmarking
- 13.12. Catalent, Inc.
- 13.12.1. Company Overview
- 13.12.2. Financial Performance
- 13.12.3. Product Benchmarking
- 13.13. CCL Industries, Inc.
- 13.13.1. Company Overview
- 13.13.2. Financial Performance
- 13.13.3. Product Benchmarking
- 13.14. Gerresheimer
- 13.14.1. Company Overview
- 13.14.2. Financial Performance
- 13.14.3. Product Benchmarking
- 13.15. Bemis Company, Inc.
- 13.15.1. Company Overview
- 13.15.2. Financial Performance
- 13.15.3. Product Benchmarking
Chapter 14. Strategic Recommendations/ Analyst Perspective