“Plastic
Healthcare Packaging Market: Global Demand Analysis & Opportunity Outlook
2024”
The global plastic healthcare
packaging market is segmented into industries such as pharmaceutical and
medical device. Among these segments, pharmaceutical segment is expected to occupy
top position in overall plastic healthcare packaging market during the forecast
period. Rising penetration of diseases and increasing demand for drugs is
anticipated to foster the growth of the plastic healthcare packaging market. However,
medical device packaging segment is projected to showcase highest CAGR during
the forecast period.
Global plastic healthcare
packaging market is expected to flourish at a significant CAGR of 7.0% during
the forecast period. Moreover, the global plastic healthcare packaging market is
expected to garner significant revenue by the end of 2024. Factors such as high
utilization of plastic in healthcare product packaging and cost- effectiveness are
anticipated to fuel the demand for plastic healthcare packaging in the next few
years.
North America accounted for the
highest percentage of market share in overall plastic healthcare packaging
market in 2016. Further, North America is anticipated to continue its dominance
during the forecast period owing to the presence of robust healthcare industry
in the region. Moreover, high expenditure on the healthcare is expected to
positively impact the demand for plastic healthcare
packaging in the upcoming years. Asia Pacific market is anticipated
to witness robust growth during the forecast period. This can be attributed to
tremendous growth of healthcare in the region. Moreover, favorable government
initiatives are anticipated to drive the healthcare market at tremendous pace
which further, is expected to positively impact the demand for plastic
healthcare packaging.
Growth
in Healthcare Industry
Robust growth of healthcare
industry in developing and developed nations is anticipated to fuel the demand
for plastic healthcare packaging in the upcoming years. Moreover, development
of healthcare infrastructure in the growing regions such as Asia Pacific is
anticipated to accelerate the growth of plastic healthcare packaging market.
Technological
Advancements and Developments
Recent technological
development in plastic healthcare packaging such as integration of real time
and smart sensors is propelling the demand for plastic healthcare packaging
market. Moreover, increasing adoption of technological and innovative advanced
plastic healthcare packaging solutions is anticipated to foster the growth of
the plastic healthcare packaging market during the forecast period.
Although, fluctuation in the price
of raw material is likely to dampen the growth of plastic healthcare packaging
market during the forecast period.
The report titled “Plastic Healthcare Packaging
Market: Global Demand Analysis & Opportunity Outlook 2024” delivers detailed overview of
the global plastic healthcare packaging market in terms of market segmentation by
industries, by end market, by packaging type and by region.
Further, for the
in-depth analysis, the report encompasses the industry growth drivers,
restraints, supply and demand risk, market attractiveness, BPS analysis and
Porter’s five force model.
This report also provides the
existing competitive scenario of some of the key players of the global plastic
healthcare packaging market which includes company profiling of Aphena Pharma
Solutions Inc., Tekni-Films, Catalent Pharma Solutions, James Alexander
Corporation, Aptar Group Inc., Barger Packaging, Cardinal Health, Inc., Global
Closure Systems, Nypro Packaging and Sonoco Products Company. The profiling enfolds key information of the
companies which encompasses business overview, products and services, key
financials and recent news and developments. On the whole, the report depicts
detailed overview of the global plastic healthcare packaging market that will
help industry consultants, equipment manufacturers, existing players searching
for expansion opportunities, new players searching possibilities and other
stakeholders to align their market centric strategies according to the ongoing
and expected trends in the future.
About Research
Nester
Research Nester is a leading service provider for
strategic market research and consulting. We aim to provide unbiased,
unparalleled market insights and industry analysis to help industries, conglomerates
and executives to take wise decisions for their future marketing strategy,
expansion and investment etc. We believe every business can expand to its new
horizon, provided a right guidance at a right time is available through strategic
minds. Our out of box thinking helps our clients to take wise decision so as to
avoid future uncertainties.
Read more Information: https://www.researchnester.com/reports/plastic-healthcare-packaging-market-global-demand-analysis-opportunity-outlook-2024/282
Contact for more
Info:
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Daniel
U.S.
+1 646 586 9123
U.K.
+44 203 608 5919
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