According to Stratistics MRC, the Global Medical Packaging Films Market is accounted for $6.14 billion in 2020 and is expected to reach $10.79 billion by 2028 growing at a CAGR of 7.3% during the forecast period. Growth in the healthcare industry, rowing instances of chronic diseases and increasing usage of medical bags are driving the market growth. However, fluctuation in raw material prices is hampering the growth of the market.
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By geography, Europe is going to have high growth during the forecast period due to the rising growing domestic demand for medical devices and products, raising awareness among consumers regarding sustainable packaging increases the market growth in the region.
Some of the key players profiled in the Medical Packaging Films Market include Wipak Group, Dunmore Corporation, Honeywell International, Klöckner Pentaplast GmbH & Co. KG, RENOLIT Group, 3M Company, Bemis Company, Inc., Berry Global Group, Inc, Coveris Holdings S.A., Glenroy, Inc, Weigao Group, Amcor Ltd and Covestro AG.
Products Covered:
• Co-Extruded Films
• High Barrier Films
• Formable Films
Film Structures Covered:
• Coextrusions
• Single Films
• Laminations
Applications Covered:
• Tubes
• Blister Packs
• Sachets
• Lidding
• Bags & Pouches
Materials Covered:
• Metallic Film
• Plastic
End Users Covered:
• Pharmaceutical
• Medical Device
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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