According to the latest report by GMI Research, Medical Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2020-2027. The Medical Packaging Market examines the impact of the COVID-19 pandemic and represents that the market is expected to witness a fallout in 2020 and will bounce back in 2021, growing at a higher rate from 2022 onwards. Medical packaging plays a vital role in protecting medical and pharmaceutical products. This packaging helps in preserving the unique specification of the medical products while protecting its integrity.

Competitive Landscape: The Medical Packaging Market report also scans the competitive landscape and profiles the major players operating in the market, including Sonoco Products Company, Berry Plastics Corporation, CCL Industries Inc., Constantia Flexibles Group GmbH, Amcor Limited, Bemis Company, 3M Company, E.I. Du Pont De Nemours and Company, Avery Dennison Corporation, and Westrock Company.

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The global medical packaging market has witnessed significant growth over the past few years. The rising incidences of chronic diseases, growing penetration of the internet of things devices in healthcare and medical industries, and the increasing requirement for counterfeit prevention are the major factors boosting the growth of the global medical packaging market. Moreover, the increasing focus of consumers and rising emphasis of governments towards better healthcare facilities will further energize the growth of the market.

The emergence of the COVID-19 pandemic will positively influence the medical packaging market. The coming of coronavirus has resulted in the expansion of the medical industry across the globe. The strong demand for different types of medicines and the growing emphasis on advanced packaging of products without any physical touch with the product to minimize the spread of coronavirus will further accelerate the medical packaging market’s growth.

The Medical Tools and Equipment application is estimated to capture the highest medical packaging market size over the forecast period. This is attributed to its increased usage in hospitals for various purposes.

For further information on these analyses, please visit: https://www.gmiresearch.com/report/global-medical-packaging-market/

Market Segments:

Breakup by Material:

Polymer
Paper & Paperboard
Non-woven fabric
Others
Breakup by Application:

Medical Tools & Equipment
Medical Devices
In-Vitro Diagnostic Products
Implants
Breakup by Packaging Type:

Bags and Pouches
Trays
Boxes
Others
Breakup by Region:

North America
o United States of America

o Canada

Asia Pacific
o China

o Japan

o India

o Rest of APAC

Europe
o United Kingdom

o Germany

o France

o Spain

o Rest of Europe

RoW
o Brazil

o South Africa

o Saudi Arabia

o UAE

o Rest of the world (remaining countries of the LAMEA region)

About GMI Research

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