Medical Packaging Films Market Valued $8.46 Bn by 2026| A report by Amcor Limited, Berry Global, DuPont, RENOLIT, Weigao group, Polycine GmbH, Covestro AG and others

The report aims to provide an overview of medical packaging films Market along with detailed segmentation of the market by component, device, application, and major global geographical regions. Medical packaging films market is expected to witness growth during the forecast period due to ever-increasing demand at the end-user level. This medical packaging films report gives an edge to not only to compete but also to surpass the competition. The report provides with CAGR value fluctuation during the forecast period of 2019-2026 for the Xyz market. This report further contains all the drivers and restraints for the Xyz market with the help of SWOT analysis.

Market Analysis:-

Global medical packaging films market is expected to rise from its initial estimated value of USD 5.75 billion in 2018 to an estimated value of USD 8.46 billion by 2026, registering a CAGR of 4.95% in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing healthcare expenditure amid rising cases of chronic diseases and various disorders.

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Key Competitors:

  • Amcor Limited
  • Berry Global
  • DuPont
  • RENOLIT
  • Weigao group
  • Polycine GmbH
  • Covestro AG
  • Glenroy
  • 3M
  • Wipak
  • TORAY INDUSTRIES INC
  • Klöckner Pentaplast
  • DUNMORE
  • TEKRA
  • COVERIS
  • Winpak Ltd
  • Bemis Company
  • Honeywell International Inc and others

Market Drivers & Restraints:

  • Increasing healthcare expenditure amid rising cases of chronic disorders and diseases is expected to drive the market growth
  • Rising demand for better quality and enhanced products for medical packaging films is also expected to drive the market growth
  • Vulnerability and instability in the prices of raw materials required for the production is expected to restrain the market growth
  • Stringent regulations and denial of packaging as an independent product by the authorities restrains the market growth as it requires

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Segmentation:

By Material

  • Plastics
  • Polyethylene (PE)
  • Polypropylene (PP)
  • Polystyrene (PS)
  • Polyamide (PA)
  • Polyvinyl Chloride (PVC)
  • Aluminum
  • Oxides

By Product

  • High Barrier Films
  • Metallized Films
  • Coated Films
  • Co-Extruded Films
  • Formable Films
  • Thermo-Formable Films
  • Cold-Formable Films

By Application

  • Blister Packs
  • Bags & Pouches
  • Blood Bags
  • Parenteral Nutrition Bags
  • Drainage Bags
  • Biomedical Bags
  • Others
  • Lidding
  • Sachets
  • Tubes

 Region

  • North America
  • South America
  • Europe
  • Asia Pacific
  • Middle East & Africa

Competitive Analysis:

Global medical packaging films market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of medical packaging films market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

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Posted by on Tuesday March 19 2019, 7:32 AM EDT. All trademarks acknowledged. Filed under Healthcare, Manufacturing, Manufacturing & Construction. Comments and Trackbacks closed. Follow responses: RSS 2.0

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