Product Code: PM4959
The global medical flexible packaging market size is expected to reach USD 28.32 billion by 2032, according to a new study by Polaris Market Research. The report "Medical Flexible Packaging Market Share, Size, Trends, Industry Analysis Report, By Product Type (Seals, High Barrier Films, Wraps, Pouches & Bags, Lids & Labels, Others); By Material Type; By End-User; By Region; Segment Forecast, 2024 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The growing global population is forcing countries to increase the production of necessary products, from agriculture to medicine. This is fueling the expansion of medical, food, and other industries in the world. This trend is likely to facilitate a favorable market for medical flexible packaging over the forecast period. In addition, the increasing prevalence of new health problems with changing consumer eating patterns is anticipated to create demand for the medical packaging industry in the long run.
The changing medical requirements are further encouraging producers to invest in new product development activities, driving innovations in the medical flexible packaging industry. For instance, in February 2024, Aptar CSP Technologies, in collaboration with ProAmpac, announced the launch of active moisture-adsorbents for medical applications, primarily for drugs, probiotics, continuous glucose monitoring devices, and more.
The firm's increasing focus on adopting efficient packaging for their medicinal goods is that it can cause huge costs to patients, driving the use of prominent packaging for sealing, wrapping, and labeling medicines and healthcare equipment. The increasing production of convenient and flexible medical packaging tools is promoting their availability in the marketplace, leading to stable market prices that are affordable to pharmaceutical companies. Furthermore, the growing manufacturing of medicines is expected to necessitate the need for durable packaging over the forecast period.
The ongoing studies exploring the production of medical flexible packaging are likely to propel market expansion in the next few years. For instance, in November 2023, Coveris, a medical packaging producer, announced the launch of a new flexible and recyclable thermoforming solution, Formpeel P, for medical packaging applications.
Additionally, the significant rise in demand for medical flexible packaging is motivating companies to boost their brand coverage and production capacity in the marketplace. For instance, in July 2023, Olive Healthcare Packaging completed the acquisition of EK-Pack Folien, a film and foil technology producer, to expand its medical packaging production capacity.
Medical Flexible Packaging Market Report Highlights
Pouches & bags segment is anticipated to witness the highest growth in the coming years due to its convenience and potential to protect medicines from bacteria.
Plastic segment accounted for the largest market share owing to its potential to promote the durability of pharmaceutical products effectively.
Pharmaceutical manufacturing segment is projected to experience a larger revenue share due to the increasing development of pharmaceutical drugs and therapeutics.
APAC is projected to register the fastest growth during the forecast period, attributable to increasing government policies to promote the healthcare industry.
The global players include Amcor Limited, Aptar Group, Becton Dickinson & Company Catalent, Berry Group, Bemis Company, & Constantia Flexibles.
Polaris Market Research has segmented the medical flexible packaging market report based on product type, material type, end-user, and region:
Medical Flexible Packaging, Product Type Outlook (Revenue - USD Billion, 2019 - 2032)
- Seals
- High Barrier Films
- Wraps
- Pouches & Bags
- Lids & Labels
- Others
Medical Flexible Packaging, Material Type Outlook (Revenue - USD Billion, 2019 - 2032)
- Plastics
- Polyvinyl Chloride
- Polypropylene
- Polyethylene Terephthalate
- Polyethylene
- Paper
- Aluminum
- Bioplastics
- Others
Medical Flexible Packaging, End-User Outlook (Revenue - USD Billion, 2019 - 2032)
- Pharmaceutical Manufacturing
- Medical Device Manufacturing
- Implant Manufacturing
- Contract Packaging
- Others
Medical Flexible Packaging, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Australia
- Rest of APAC
- Latin America
- Argentina
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
- Rest of Middle East & Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Medical Flexible Packaging Market Insights
- 4.1. Medical Flexible Packaging Market - End-User Snapshot
- 4.2. Medical Flexible Packaging Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. The increasing usage of pharmaceutical medicines and machinery
- 4.2.1.2. A significant uptick in investments in medical packaging
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Growing concerns about environmental pollution
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Medical Flexible Packaging Market End-User Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Medical Flexible Packaging Market, by Product Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Medical Flexible Packaging Market, by Product Type, 2019-2032 (USD Billion)
- 5.3. Seals
- 5.3.1. Global Medical Flexible Packaging Market, by Seals, by Region, 2019-2032 (USD Billion)
- 5.4. High Barrier Films
- 5.4.1. Global Medical Flexible Packaging Market, by High Barrier Films, by Region, 2019-2032 (USD Billion)
- 5.5. Wraps
- 5.5.1. Global Medical Flexible Packaging Market, by Wraps, by Region, 2019-2032 (USD Billion)
- 5.6. Pouches & Bags
- 5.6.1. Global Medical Flexible Packaging Market, by Pouches & Bags, by Region, 2019-2032 (USD Billion)
- 5.7. Lids & Labels
- 5.7.1. Global Medical Flexible Packaging Market, by Lids & Labels, by Region, 2019-2032 (USD Billion)
- 5.8. Others
- 5.8.1. Global Medical Flexible Packaging Market, by Others, by Region, 2019-2032 (USD Billion)
6. Global Medical Flexible Packaging Market, by Material Type
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Medical Flexible Packaging Market, by Material Type, 2019-2032 (USD Billion)
- 6.3. Plastics
- 6.3.1. Global Medical Flexible Packaging Market, by Plastics, by Region, 2019-2032 (USD Billion)
- 6.4. Bioplastics
- 6.4.1. Global Medical Flexible Packaging Market, by Bioplastics, by Region, 2019-2032 (USD Billion)
- 6.5. Paper
- 6.5.1. Global Medical Flexible Packaging Market, by Paper, by Region, 2019-2032 (USD Billion)
- 6.6. Aluminum
- 6.6.1. Global Medical Flexible Packaging Market, by Aluminum, by Region, 2019-2032 (USD Billion)
- 6.7. Others
- 6.7.1. Global Medical Flexible Packaging Market, by Others, by Region, 2019-2032 (USD Billion)
7. Global Medical Flexible Packaging Market, by End-User
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Medical Flexible Packaging Market, by End-User, 2019-2032 (USD Billion)
- 7.3. Pharmaceutical Manufacturing
- 7.3.1. Global Medical Flexible Packaging Market, by Pharmaceutical Manufacturing, By Region, 2019-2032 (USD Billion)
- 7.4. Medical Device Manufacturing
- 7.4.1. Global Medical Flexible Packaging Market, by Medical Device Manufacturing, By Region, 2019-2032 (USD Billion)
- 7.5. Implant Manufacturing
- 7.5.1. Global Medical Flexible Packaging Market, by Implant Manufacturing, By Region, 2019-2032 (USD Billion)
- 7.6. Contract Packaging
- 7.6.1. Global Medical Flexible Packaging Market, by Contract Packaging, By Region, 2019-2032 (USD Billion)
- 7.7. Others
- 7.7.1. Global Medical Flexible Packaging Market, by Others, By Region, 2019-2032 (USD Billion)
8. Global Medical Flexible Packaging Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Medical Flexible Packaging Market Assessment, By Geography, 2019-2032 (USD Billion)
- 8.3. Medical Flexible Packaging Market - North America
- 8.3.1. North America: Medical Flexible Packaging Market, by Product Type, 2019-2032 (USD Billion)
- 8.3.2. North America: Medical Flexible Packaging Market, by End-User, 2019-2032 (USD Billion)
- 8.3.3. North America: Medical Flexible Packaging Market, by Material Type, 2019-2032 (USD Billion)
- 8.3.4. Medical Flexible Packaging Market - U.S.
- 8.3.4.1. U.S.: Medical Flexible Packaging Market, by Product Type, 2019-2032 (USD Billion)
- 8.3.4.2. U.S.: Medical Flexible Packaging Market, by End-User, 2019-2032 (USD Billion)
- 8.3.4.3. U.S.: Medical Flexible Packaging Market, by Material Type, 2019-2032 (USD Billion)
- 8.3.5. Medical Flexible Packaging Market - Canada
- 8.3.5.1. Canada: Medical Flexible Packaging Market, by Product Type, 2019-2032 (USD Billion)
- 8.3.5.2. Canada.: Medical Flexible Packaging Market, by End-User, 2019-2032 (USD Billion)
- 8.3.5.3. Canada: Medical Flexible Packaging Market, by Material Type, 2019-2032 (USD Billion)
- 8.4. Medical Flexible Packaging Market - Europe
- 8.4.1. Europe: Medical Flexible Packaging Market, by Product Type, 2019-2032 (USD Billion)
- 8.4.2. Europe.: Medical Flexible Packaging Market, by End-User, 2019-2032 (USD Billion)
- 8.4.3. Europe: Medical Flexible Packaging Market, by Material Type, 2019-2032 (USD Billion)
- 8.4.4. Medical Flexible Packaging Market - UK
- 8.4.4.1. UK: Medical Flexible Packaging Market, by Product Type, 2019-2032 (USD Billion)
- 8.4.4.2. UK.: Medical Flexible Packaging Market, by End-User, 2019-2032 (USD Billion)
- 8.4.4.3. UK: Medical Flexible Packaging Market, by Material Type, 2019-2032 (USD Billion)
- 8.4.5. Medical Flexible Packaging Market - France
- 8.4.5.1. France: Medical Flexible Packaging Market, by Product Type, 2019-2032 (USD Billion)
- 8.4.5.2. France.: Medical Flexible Packaging Market, by End-User, 2019-2032 (USD Billion)
- 8.4.5.3. France: Medical Flexible Packaging Market, by Material Type, 2019-2032 (USD Billion)
- 8.4.6. Medical Flexible Packaging Market - Germany
- 8.4.6.1. Germany: Medical Flexible Packaging Market, by Product Type, 2019-2032 (USD Billion)
- 8.4.6.2. Germany.: Medical Flexible Packaging Market, by End-User, 2019-2032 (USD Billion)
- 8.4.6.3. Germany: Medical Flexible Packaging Market, by Material Type, 2019-2032 (USD Billion)
- 8.4.7. Medical Flexible Packaging Market - Italy
- 8.4.7.1. Italy: Medical Flexible Packaging Market, by Product Type, 2019-2032 (USD Billion)
- 8.4.7.2. Italy.: Medical Flexible Packaging Market, by End-User, 2019-2032 (USD Billion)
- 8.4.7.3. Italy: Medical Flexible Packaging Market, by Material Type, 2019-2032 (USD Billion)
- 8.4.8. Medical Flexible Packaging Market - Spain
- 8.4.8.1. Spain: Medical Flexible Packaging Market, by Product Type, 2019-2032 (USD Billion)
- 8.4.8.2. Spain.: Medical Flexible Packaging Market, by End-User, 2019-2032 (USD Billion)
- 8.4.8.3. Spain: Medical Flexible Packaging Market, by Material Type, 2019-2032 (USD Billion)
- 8.4.9. Medical Flexible Packaging Market - Netherlands
- 8.4.9.1. Netherlands: Medical Flexible Packaging Market, by Product Type, 2019-2032 (USD Billion)
- 8.4.9.2. Netherlands.: Medical Flexible Packaging Market, by End-User, 2019-2032 (USD Billion)
- 8.4.9.3. Netherlands: Medical Flexible Packaging Market, by Material Type, 2019-2032 (USD Billion)
- 8.4.10. Medical Flexible Packaging Market - Russia
- 8.4.10.1. Russia: Medical Flexible Packaging Market, by Product Type, 2019-2032 (USD Billion)
- 8.4.10.2. Russia.: Medical Flexible Packaging Market, by End-User, 2019-2032 (USD Billion)
- 8.4.10.3. Russia: Medical Flexible Packaging Market, by Material Type, 2019-2032 (USD Billion)
- 8.5. Medical Flexible Packaging Market - Asia Pacific
- 8.5.1. Asia Pacific: Medical Flexible Packaging Market, by Product Type, 2019-2032 (USD Billion)
- 8.5.2. Asia Pacific.: Medical Flexible Packaging Market, by End-User, 2019-2032 (USD Billion)
- 8.5.3. Asia Pacific: Medical Flexible Packaging Market, by Material Type, 2019-2032 (USD Billion)
- 8.5.4. Medical Flexible Packaging Market - China
- 8.5.4.1. China: Medical Flexible Packaging Market, by Product Type, 2019-2032 (USD Billion)
- 8.5.4.2. China.: Medical Flexible Packaging Market, by End-User, 2019-2032 (USD Billion)
- 8.5.4.3. China: Medical Flexible Packaging Market, by Material Type, 2019-2032 (USD Billion)
- 8.5.5. Medical Flexible Packaging Market - India
- 8.5.5.1. India: Medical Flexible Packaging Market, by Product Type, 2019-2032 (USD Billion)
- 8.5.5.2. India.: Medical Flexible Packaging Market, by End-User, 2019-2032 (USD Billion)
- 8.5.5.3. India: Medical Flexible Packaging Market, by Material Type, 2019-2032 (USD Billion)
- 8.5.6. Medical Flexible Packaging Market - Malaysia
- 8.5.6.1. Malaysia: Medical Flexible Packaging Market, by Product Type, 2019-2032 (USD Billion)
- 8.5.6.2. Malaysia.: Medical Flexible Packaging Market, by End-User, 2019-2032 (USD Billion)
- 8.5.6.3. Malaysia: Medical Flexible Packaging Market, by Material Type, 2019-2032 (USD Billion)
- 8.5.7. Medical Flexible Packaging Market - Japan
- 8.5.7.1. Japan: Medical Flexible Packaging Market, by Product Type, 2019-2032 (USD Billion)
- 8.5.7.2. Japan.: Medical Flexible Packaging Market, by End-User, 2019-2032 (USD Billion)
- 8.5.7.3. Japan: Medical Flexible Packaging Market, by Material Type, 2019-2032 (USD Billion)
- 8.5.8. Medical Flexible Packaging Market - Indonesia
- 8.5.8.1. Indonesia: Medical Flexible Packaging Market, by Product Type, 2019-2032 (USD Billion)
- 8.5.8.2. Indonesia.: Medical Flexible Packaging Market, by End-User, 2019-2032 (USD Billion)
- 8.5.8.3. Indonesia: Medical Flexible Packaging Market, by Material Type, 2019-2032 (USD Billion)
- 8.5.9. Medical Flexible Packaging Market - South Korea
- 8.5.9.1. South Korea: Medical Flexible Packaging Market, by Product Type, 2019-2032 (USD Billion)
- 8.5.9.2. South Korea.: Medical Flexible Packaging Market, by End-User, 2019-2032 (USD Billion)
- 8.5.9.3. South Korea: Medical Flexible Packaging Market, by Material Type, 2019-2032 (USD Billion)
- 8.6. Medical Flexible Packaging Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Medical Flexible Packaging Market, by Product Type, 2019-2032 (USD Billion)
- 8.6.2. Middle East & Africa.: Medical Flexible Packaging Market, by End-User, 2019-2032 (USD Billion)
- 8.6.3. Middle East & Africa: Medical Flexible Packaging Market, by Material Type, 2019-2032 (USD Billion)
- 8.6.4. Medical Flexible Packaging Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Medical Flexible Packaging Market, by Product Type, 2019-2032 (USD Billion)
- 8.6.4.2. Saudi Arabia.: Medical Flexible Packaging Market, by End-User, 2019-2032 (USD Billion)
- 8.6.4.3. Saudi Arabia: Medical Flexible Packaging Market, by Material Type, 2019-2032 (USD Billion)
- 8.6.5. Medical Flexible Packaging Market - UAE
- 8.6.5.1. UAE: Medical Flexible Packaging Market, by Product Type, 2019-2032 (USD Billion)
- 8.6.5.2. UAE.: Medical Flexible Packaging Market, by End-User, 2019-2032 (USD Billion)
- 8.6.5.3. UAE: Medical Flexible Packaging Market, by Material Type, 2019-2032 (USD Billion)
- 8.6.6. Medical Flexible Packaging Market - Israel
- 8.6.6.1. Israel: Medical Flexible Packaging Market, by Product Type, 2019-2032 (USD Billion)
- 8.6.6.2. Israel.: Medical Flexible Packaging Market, by End-User, 2019-2032 (USD Billion)
- 8.6.6.3. Israel: Medical Flexible Packaging Market, by Material Type, 2019-2032 (USD Billion)
- 8.6.7. Medical Flexible Packaging Market - South Africa
- 8.6.7.1. South Africa: Medical Flexible Packaging Market, by Product Type, 2019-2032 (USD Billion)
- 8.6.7.2. South Africa.: Medical Flexible Packaging Market, by End-User, 2019-2032 (USD Billion)
- 8.6.7.3. South Africa: Medical Flexible Packaging Market, by Material Type, 2019-2032 (USD Billion)
- 8.7. Medical Flexible Packaging Market - Latin America
- 8.7.1. Latin America: Medical Flexible Packaging Market, by Product Type, 2019-2032 (USD Billion)
- 8.7.2. Latin America.: Medical Flexible Packaging Market, by End-User, 2019-2032 (USD Billion)
- 8.7.3. Latin America: Medical Flexible Packaging Market, by Material Type, 2019-2032 (USD Billion)
- 8.7.4. Medical Flexible Packaging Market - Mexico
- 8.7.4.1. Mexico: Medical Flexible Packaging Market, by Product Type, 2019-2032 (USD Billion)
- 8.7.4.2. Mexico.: Medical Flexible Packaging Market, by End-User, 2019-2032 (USD Billion)
- 8.7.4.3. Mexico: Medical Flexible Packaging Market, by Material Type, 2019-2032 (USD Billion)
- 8.7.5. Medical Flexible Packaging Market - Brazil
- 8.7.5.1. Brazil: Medical Flexible Packaging Market, by Product Type, 2019-2032 (USD Billion)
- 8.7.5.2. Brazil.: Medical Flexible Packaging Market, by End-User, 2019-2032 (USD Billion)
- 8.7.5.3. Brazil: Medical Flexible Packaging Market, by Material Type, 2019-2032 (USD Billion)
- 8.7.6. Medical Flexible Packaging Market - Argentina
- 8.7.6.1. Argentina: Medical Flexible Packaging Market, by Product Type, 2019-2032 (USD Billion)
- 8.7.6.2. Argentina.: Medical Flexible Packaging Market, by End-User, 2019-2032 (USD Billion)
- 8.7.6.3. Argentina: Medical Flexible Packaging Market, by Material Type, 2019-2032 (USD Billion)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. Amcor Limited
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. Aptar Group Inc
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. Becton Dickinson & Company Catalent Inc
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. Berry Group Inc
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. Bemis Company Inc.
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. Constantia Flexibles Group GmbH
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. Coveris Holdings S.A.
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Datwyler Holdings
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. Huhtamaki Oyj
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. Mondi Group Plc
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
- 10.11. Reynolds Group Holdings
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development
- 10.12. Sealed Air Corporation
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Product Benchmarking
- 10.12.4. Recent Development
- 10.13. Sonoco Products Company
- 10.13.1. Company Overview
- 10.13.2. Financial Performance
- 10.13.3. Product Benchmarking
- 10.13.4. Recent Development