Asia Pacific Medical Devices Packaging Market – Size, Trends and Forecast (2024

Asia Pacific Medical Devices Packaging Market - Size

Study Period

2018 - 2030

Base Year For Estimation

2023

Forecast Data Period

2024-2030

Historical Data Period

2018-2021

CAGR

7 %

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

Packaging means protecting the product from the environmental elements and also acts as the face of the product and the company. Packaging encompasses the process to bring components of the product together so that it can be accurately presented to the end user and protected during distribution. Labelling is the most common activity associated with medical device packaging, and it is the process of creating, printing and placing descriptive and FDA compliant labels on components held within the package as well as the external package itself. Increasing number of chronic diseases and healthcare awareness in different regions are the major factors that boost up the market.

Asia Pacific Medical Devices Packaging Market Segments Size & Growth:

Asia Pacific Medical Devices Packaging Market size is projected to reach approximately $8,892.7 million by the end of 2024 with a CAGR of close to 7.5% from $5,054.5 million in 2017 during the forecast timeline 2018-2024. The significant factors that propel the growth of the Asia Pacific Medical Devices Packaging Market are an

Asia Pacific Medical Devices Packaging Market - Growth

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

increase in healthcare awareness in different regions, increasing number of chronic diseases, growing implantable devices, government initiatives, and low labour cost. However, the pressure to reduce the costs is hampering the growth of the market.

Asia Pacific Medical Devices Packaging Market Segments Share:

Asia Pacific Medical Devices Packaging Market is segmented by packing type which comprises primary packaging, secondary packaging, and tertiary packaging. By material, the market is segmented into paper and paperboard, non-woven fabric, and polymer. By packaging type, the market is further classified into trays, boxes, wrap films, glass containers, bags, and pouches. By application, the market is segmented into medical devices, implants, in-vitro diagnostic products, medical tools, and equipment. By Geography, the market is segmented into various regions namely China, Japan, India, Australia and New Zealand and South Korea.

Asia Pacific Medical Devices Packaging Market Trends:

Bemis developed the innovative packaging film technology that in tandem with equipment at co-packer T.H.E.M., provides a pouch that is puncture-resistant and meets Bibo’s requirements for burst values, shelf-life, portability, and convenience.
Amcor announces an agreement to acquire the North American rigid plastics blow moulding operations of Sonoco Products Company, a global packaging company based in the United States.
Dupont announced that it had signed a definitive agreement to acquire San Francisco-based Granular Inc.

Asia Pacific Medical Devices Packaging Market Research Report:

An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.

To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.

Asia Pacific Diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year

Identifying DROC in the current market and their impact in altering the market dynamics.

Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial study with significant competitors.

Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.

The primary critical players in the Asia Pacific Medical Devices Packaging Market are:

Bemis Company
Amcor
DuPont
Berry Plastics
Albea S.A.

portability, and convenience. Amcor

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Asia Pacific Medical Devices Packaging Market - Porter's Five Force Analysis

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

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