Flexible Packaging for Healthcare Market Analysis

End-user (Medical Devices, Pharmaceuticals, Contract Packaging, Implant Manufacturing)

The global flexible packaging for healthcare market is segmented and analyzed for demand and supply by end-user into medical devices, pharmaceuticals, contract packaging, implant manufacturing, and others. Out of these types of end-users, the pharmaceutical segment is estimated to gain the largest market share in the year 2037. The growth of the segment can be accounted to the higher demand for flexible packaging in the pharmaceutical industry. For instance, in 2021, the pharmaceutical industry was estimated to touch off total revenue of USD 1.5 trillion. The pharmaceutical sector is responsible for the production and distribution of pharma products such as, steroids hormones, vaccines, antibiotics, implants, and others. Therefore, all these factors are anticipated to boost the market growth over the forecast period.

Material (Paper, Plastic, Aluminum, Bioplastics)

The global flexible packaging for healthcare market is also segmented and analyzed for demand and supply by material into paper, plastic, aluminum, bioplastics, and others. Amongst these segments, the plastic segment is expected to garner a significant share in the year 2037. The growth of the segment can be accounted the fact that flexible plastic packaging is the fastest growing segment owing to excellent properties of low leakage rate, highly recyclable, and others. Plastic packaging provides a wide range of ways to store, protect, preserve, and transport the product. For instance, it was observed that every year, around 5 trillion plastic bags are utilized by the global population. Therefore, such a higher utilization of plastic is estimated to drive segment growth over the forecast period.

Our in-depth analysis of the global market includes the following segments: