Sterile and Antiviral Packaging Market size was over USD 24.71 billion in 2023 and is likely to cross USD 41.66 billion by the end of 2036, witnessing more than 4.1% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of sterile and antiviral packaging is estimated at USD 25.52 billion.
Sterile and antiviral packaging is a type of packaging process which preserves and protect a product from any damage or contamination. In medical and pharmaceutical industries, items such as syringes, as well as containers for medication, must be processed in facilities that are free from harmful particulate matter. Moreover, some critical products require sterilized packaging to avoid reaction with packaging solutions and air and also to protect the product. Typically, blister packaging, safe-edge trays, surgical trays and customized thermoform designs are the most common sterile and antiviral packaging options.
Growth Drivers
Challenges
Base Year |
2023 |
Forecast Year |
2024-2036 |
CAGR |
4.1% |
Base Year Market Size (2023) |
USD 24.71 billion |
Forecast Year Market Size (2036) |
USD 41.66 billion |
Regional Scope |
|
The sterile and antiviral packaging market is segmented by packaging type into plastic, glass, metallic and others. Based on this, the segment for plastic is anticipated to hold the leading share in the market on account of the convenience in availability of material in abundance as well as adaptability of plastic material to mold into various and superior microbial barrier properties make it suitable for sterile and antiviral packaging. Further, plastic finds immense application in pouches, thermoformed trays, and clamshell for their tear resistance, durability, breathability and to keep medical equipment and pharmaceuticals sterile throughout the lifecycle.
Our in-depth analysis of the global sterile and antiviral packaging market includes the following segments
By Product |
|
By Packaging Type |
|
By Sterilization Method |
|
By Application |
|
North America Market Statistics
On the basis of regional analysis, the global sterile and antiviral packaging market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. North America industry is expected to hold largest revenue share by 2036, on account of advancement in healthcare infrastructure and facilities, along with increasing emphasis on sterile as well as disinfect packaging of medical equipment by hospitals and diagnostic centers owing to rise in viral infections and other stringent regulations in the region.
APAC Market Analysis
Moreover, the advancement in healthcare infrastructure and facilities along with the increasing emphasis on sterile as well as disinfect packaging of medical equipment by hospitals and diagnostic centers owing to the rise in viral infections and other stringent regulations in this region further increases the product demand. The sterile and antiviral packaging market in Asia Pacific region is predicted to grow at the highest rate during the forecast period as a result of increasing demand for quality and hygienic medical treatments. The emerging economies in China and India along with better availability of packaging raw materials further raise the demand for sterile and antiviral packaging.
Author Credits: Abhishek Anil
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?