The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The expansion of the pharmaceutical industry is likely to spur innovation in healthcare package manufacturing, propelling the market over the forecast period.

The global healthcare packaging market is expected to grow from $106.95 billion in 2022 to $112.99 billion in 2023 at a compound annual growth rate (CAGR) of 5.64%. The global healthcare packaging market size is expected to reach $145.18 billion in 2027 at a CAGR of 6.47%.

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Global Healthcare Packaging Market Segments Include:

• By Product: Bottles And Containers, Vials And Ampoules, Cartridges And Syringes, Pouches And Bags, Blister Packs, Tubes, Paper Board Boxes, Caps And Closures, Labels, Other Products
• By Packaging Format: Flexible Packaging, Rigid Packaging
• By Material Type: Glass, Plastic, Metal, Paper And Paperboard
• By Drug Delivery Mode: Oral, Injectable, Dermal And Topical, Inhalable, Other Drug Delivery Modes
• By End-User: Pharmaceutical, Medical Devices
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global healthcare packaging market in 2021.

Major Market Players in the healthcare packaging market include Gerresheimer AG, Winpak Ltd., Amcor plc, Sonoco Products Company, Huhtamaki Oyj, CCL Industries Inc, Sealed Air Corporation, Berry Global Inc., Dunmore Corporation, Nipro Corporation.

Technological advancement is a major trend that is gaining traction in the healthcare packaging industry. To maintain their market position, major players in the healthcare packaging market are embracing innovative technology. For example, Amcor Plc., an Australia-based product packaging manufacturer, will launch lidding technology for healthcare packaging applications in August 2021. This packaging solution is based on a patent-protected laminate and inert film development. This technology is utilised for medical devices that rely on an active pharmaceutical ingredient (API) as its foundation. Furthermore, it withstands heat sterilisation without altering drug uptake into the medicine and provides patients with machinability, integrity, post-sterilization, and convenience of opening. Lidding technology is most commonly employed in combination healthcare items like contact lenses.

The Healthcare Packaging Global Market Report 2023  provides a healthcare packaging market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The healthcare packaging market forecast analyzes healthcare packaging market size, healthcare packaging market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Healthcare packaging is the process of packing pharmaceuticals, medical equipment, and other pharmaceutical supplies. It is done to safeguard and store medical supplies against physical damage, biological contamination, and undesirable external consequences. Healthcare packaging provides a variety of critical roles, the most important of which is to protect packaged pharmaceuticals or health items.

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