Healthcare Packaging Market by Product, Packaging, and Geography - Forecast and Analysis 2021-2025
- Published: Sep 2021
- Pages: 120
- SKU: IRTNTR71078
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The healthcare packaging market has the potential to grow by USD 44.00 billion during 2021-2025, and the market's growth momentum will decelerate at a CAGR of 6.49%.
This healthcare packaging market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by product (bottles, blisters, vials, pouches, and others), packaging (primary packaging and secondary packaging), and geography (APAC, North America, Europe, MEA, and South America). The healthcare packaging market report also offers information on several market vendors, including 3M Co., Amcor Plc, Baxter International Inc., Becton Dickinson and Co., DuPont de Nemours Inc., Gerresheimer AG, SCHOTT AG, Sonoco Products Co., West Pharmaceutical Services Inc., and WestRock Co. among others.
What will the Healthcare Packaging Market Size be in 2021?
Browse TOC and LoE with selected illustrations and example pages of Healthcare Packaging Market
Healthcare Packaging Market: Key Drivers and Trends
The increased worldwide consumption of drugs is notably driving the healthcare packaging market growth, although factors such as the inefficient product labeling process may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the healthcare packaging industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
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This healthcare packaging market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
Who are the Major Healthcare Packaging Market Vendors?
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
- 3M Co.
- Amcor Plc
- Baxter International Inc.
- Becton Dickinson and Co.
- DuPont de Nemours Inc.
- Gerresheimer AG
- SCHOTT AG
- Sonoco Products Co.
- West Pharmaceutical Services Inc.
- WestRock Co.
This statistical study of the healthcare packaging market encompasses successful business strategies deployed by the key vendors. The healthcare packaging market is fragmented and the vendors are deploying growth strategies such as offering innovative solutions at lower prices to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The healthcare packaging market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Which are the Key Regions for Healthcare Packaging Market?
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37% of the market's growth will originate from APAC during the forecast period. China and India are the key markets for healthcare packaging in APAC. Market growth in APAC will be faster than the growth of the market in other regions.
This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
What are the Revenue-generating Product Segments in the Healthcare Packaging Market?
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The healthcare packaging market share growth by the bottles segment will be significant during the forecast period. Bottles will remain the most widely utilized packaging type for oral medications that are distributed in bulk to retail pharmacists. They will also continue to dominate applications in OTC medicines sold in tablet and capsule form of 50 or more. More of the vendors focus on utilizing 100% recyclable plastic for plastic bottles used in healthcare applications.
This report provides an accurate prediction of the contribution of all the segments to the growth of the healthcare packaging market size and actionable market insights on post COVID-19 impact on each segment.
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Healthcare Packaging Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Decelerate at a CAGR of 6.49% |
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Market growth 2021-2025 |
$ 44.00 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
8.57 |
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Regional analysis |
APAC, North America, Europe, MEA, and South America |
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Performing market contribution |
APAC at 37% |
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Key consumer countries |
US, China, Germany, India, and UK |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
3M Co., Amcor Plc, Baxter International Inc., Becton Dickinson and Co., DuPont de Nemours Inc., Gerresheimer AG, SCHOTT AG, Sonoco Products Co., West Pharmaceutical Services Inc., and WestRock Co. |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Factors Covered in this Healthcare Packaging Market Report?
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive healthcare packaging market growth during the next five years
- Precise estimation of the healthcare packaging market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the healthcare packaging industry across APAC, North America, Europe, MEA, and South America
- A thorough analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of healthcare packaging market vendors
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Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- Bottles - Market size and forecast 2020-2025
- Blisters - Market size and forecast 2020-2025
- Vials - Market size and forecast 2020-2025
- Pouches - Market size and forecast 2020-2025
- Others - Market size and forecast 2020-2025
- Market opportunity by Product
Market Segmentation by Packaging
- Market segments
- Comparison by Packaging
- Primary packaging - Market size and forecast 2020-2025
- Secondary packaging - Market size and forecast 2020-2025
- Market opportunity by Packaging
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2020-2025
- North America - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- 3M Co.
- Amcor Plc
- Baxter International Inc.
- Becton Dickinson and Co.
- DuPont de Nemours Inc.
- Gerresheimer AG
- SCHOTT AG
- Sonoco Products Co.
- West Pharmaceutical Services Inc.
- WestRock Co.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
Frequently Asked Questions?
- US
- China
- Germany
- India
- UK
- Increased worldwide consumption of drugs
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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