The Plastic Healthcare Packaging Market is Predict to reach USD 35.32 Billion by 2031, at a CAGR of 5.0%

Plastic Healthcare Packaging Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Plastic Healthcare Packaging Market size is expected to reach $35.32 billion by 2031, rising at a market growth of 5.0% CAGR during the forecast period.

The Pouches segment is anticipating a CAGR of 5.2% during (2024 - 2031). Pouches are commonly used for packaging various healthcare products, including medical supplies, over-the-counter drugs, and nutritional supplements. The flexibility, ease of use, and space efficiency of pouches make them increasingly popular in the market. Additionally, the ability to customize pouch designs for different sizes and applications and the demand for single-use and sachet packaging have contributed to the growth of the pouches segment within the plastic healthcare packaging market.

The Pharmaceutical Packaging segment is leading the Global Plastic Healthcare Packaging Market by Industry in 2023; thereby, achieving a market value of $23,875.7 million by 2031. The pharmaceutical industry relies heavily on plastic packaging to safely store and transport medications, including bottles, blister packs, and ampoules. The increasing demand for pharmaceutical products and the rise in chronic diseases and aging populations globally have driven the need for secure, efficient, and cost-effective packaging solutions. Moreover, plastic materials offer advantages like flexibility, moisture resistance, and tamper-proof features, which are crucial in ensuring the integrity and safety of pharmaceutical products.

The Polyethylene Terephthalate segment is registering a CAGR of 5.1% during (2024 - 2031). PET is valued for its clarity, strength, and resistance to impact, making it ideal for packaging healthcare products that require visibility, such as medicines, nutritional supplements, and medical devices. Additionally, PET is highly recyclable, which supports sustainability initiatives within the healthcare packaging sector. The increasing demand for environmentally friendly materials and the growing adoption of PET for packaging in pharmaceuticals and medical devices has driven the market share growth of the polyethylene terephthalate segment.

Full Report: https://www.kbvresearch.com/plastic-healthcare-packaging-market/

The North America market dominated the Global Plastic Healthcare Packaging Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $13,300.7 million by 2031. The Europe market is expected to witness a CAGR of 4.7% during (2024 - 2031). Additionally, The Asia Pacific market is expected to witness a CAGR of 5.6% during (2024 - 2031).

List of Key Companies Profiled

• Amcor Plc
• Sonoco Products Company
• Gerresheimer AG
• Huhtamaki Oyj
• Mondi Plc
• Berry Global Group, Inc.
• DuPont de Nemours, Inc.
• Schott AG (Carl-Zeiss-Stiftung)
• 3M Company
• Avient Corporation

Plastic Healthcare Packaging Market Report Segmentation

By Industry

• Pharmaceutical Packaging
• Medical Device Packing

By Product Type

• Bottles Packaging
• Pouches
• Vials
• Other Product Type

By Material

• Polyethylene
• Polyethylene Terephthalate
• Polypropylene
• Other Material

By Geography

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Related Reports:

North America Plastic Healthcare Packaging Market Size 2031

• January-2025
• 121 Pages

LAMEA Plastic Healthcare Packaging Market Size 2031

• January-2025
• 128 Pages

Europe Plastic Healthcare Packaging Market Size | Share 2031

• January-2025
• 129 Pages

Asia Pacific Plastic Healthcare Packaging Market Size 2031

• January-2025
• 130 Pages