Quick Summary:
In the ever-evolving healthcare landscape, achieving sterility in medical packaging is paramount to patient safety and regulatory compliance. It is thus with great pleasure that we present you with a comprehensive market research report on the global Sterile Medical Packaging market, poised to burgeon to a size of US$74.2 Billion by 2030. The report is not only high-precision, but also wide-ranging in its cover, touching on key market aspects from segments such as Plastics and Glass to geographical markets like the U.S and China.
The report provides a competitive edge through in-depth market insights, competitor analysis of 93 featured companies, and special coverage on multiple geographies market presence. Moreover, along with the digital archives and Research Platform, you will also benefit from one year of complimentary updates. This report undoubtedly serves as a crucial tool to stay informed and make strategic, data-driven decisions in this growing market.
Global Sterile Medical Packaging Market to Reach $74.2 Billion by 2030
The global market for Sterile Medical Packaging estimated at US$42.4 Billion in the year 2022, is projected to reach a revised size of US$74.2 Billion by 2030, growing at a CAGR of 7.2% over the analysis period 2022-2030. Plastics, one of the segments analyzed in the report, is projected to record 8.2% CAGR and reach US$36.5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Glass segment is readjusted to a revised 6.7% CAGR for the next 8-year period.
The U.S. Market is Estimated at $11.4 Billion, While China is Forecast to Grow at 12% CAGR
The Sterile Medical Packaging market in the U.S. is estimated at US$11.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$18.6 Billion by the year 2030 trailing a CAGR of 12% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.5% and 6.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.1% CAGR.Select Competitors (Total 93 Featured) -
- Bemis Co., Inc.
- Dow, Inc.
- DuPont de Nemours, Inc.
- Oracle Packaging
- Placon Corporation
- Riverside Medical Packaging Co., Ltd.
- SteriPack Group
- West Pharmaceutical Services, Inc.
- Wipak Oy
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Sterile Medical Packaging?
What is the growth rate of the Global Market for Sterile Medical Packaging?
What is the forecasted size of the Global Market for Sterile Medical Packaging?
Who are the key companies in the Global Market for Sterile Medical Packaging?
| Report Attribute | Details |
|---|---|
| No. of Pages | 299 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 42.4 Billion |
| Forecasted Market Value ( USD | $ 74.2 Billion |
| Compound Annual Growth Rate | 7.2% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Bemis Co., Inc.
- Dow, Inc.
- DuPont de Nemours, Inc.
- Oracle Packaging
- Placon Corporation
- Riverside Medical Packaging Co., Ltd.
- SteriPack Group
- West Pharmaceutical Services, Inc.
- Wipak Oy
