Medical | News & Insights | Packaging and Designing

Health & Hygiene Packaging Market worth $148.0 billion by 2028 – At a CAGR of 5.9%

Published: March 7, 2024
Author: TEXTILE VALUE CHAIN

As per the recently published report by MarketsandMarkets™, The Health & Hygiene Packaging Market by Product Type (Films & Sheets, Laminates, Bags & Pouches, Bottles & Jars, Sachets, Labels, Tubes, Boxes & Carton), Form, Shipping Form, Structure, End-user Industry, and Region – Global Forecast to 2028″, is approximated to be USD 110.9 billion in 2023, and it is projected to reach USD 148.0 billion by 2028, at a CAGR of 5.9%. The market growth is driven by increasing concerns about infectious diseases driving the demand for packaging that ensures product integrity and minimizes contamination risks. The growing preference for convenient, single-use packaging and the rise of e-commerce also play pivotal roles in propelling the health and hygiene packaging market.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=51851463

Browse

  • 271 Market data Tables
  • 55 Figures
  • 255 Pages and in-depth TOC on “Health & Hygiene Packaging Market – Global Forecast to 2028”

This report also provides a comprehensive analysis of the companies listed below:

The major players in health & hygiene packaging market include Berry Global (US), Amcor Plc (Switzerland), WestRock (US) and Kimberly Clark (US) and others. The growing trend of rising consumer awareness for safe and secure packaging solutions is driving the market. These players have adopted various strategies such as mergers & acquisitions, joint ventures, and expansion to strengthen their market position.

Recent Developments in Health & Hygiene Packaging  Market Industry

  1. In February 2023, Berry Global launched child resistant PET bottles for pharmaceutical syrups and liquid medicines. This involves seven sets of 28mm neck PET bottles, available in sizes ranging from 20ml to 1,000ml and offered in various designs. These bottles are complemented by eight closures designed to include tamper-evident and child-resistant features. This has strengthened company PET bottles portfolio.
  2. In October 2022, Berry Global and PYLOTE announced partnership for a new ophthalmic dropper, offering a unique multidose ophthalmic dropper combining high barrier with unique antimicrobial protection properties.
  3. In September 2022, Amcor developed the Dairy Seal line of packaging that features ClearCor, an advanced polyethylene terephthalate (PET) barrier. This introduction will help nutritional, dairy alternatives, and ready-to-drink (RTD) market.
  4. In April 2022, Mondi and Thimonnier introduced a new recyclable mono-material berlingot sachet for liquid soap refills. Compared to rigid plastic bottles, the novel new packaging reduces plastic usage by more than 75%.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=51851463

Formerly known as Berry Plastics Group Inc., Berry Global Inc. stands as a prominent manufacturer in the health and hygiene packaging sector, renowned for providing global packaging and protection solutions. Operating across four distinct business segments—consumer packaging international, consumer packaging North America, engineered materials, and health, hygiene & specialties—the company offers an extensive product range, including apparel, applicators, bags & bulk bags, caps & closures, containers, tubs & pots, and canisters & jerrycans. These products cater to diverse industries such as food & beverage, healthcare, beauty & personal care, agriculture & horticulture, and building & construction. With a presence in over 265 facilities, Berry Global has established a robust global footprint encompassing the Asia Pacific, North America, Europe, South America, and the Middle East & Africa. Operating across more than 100 manufacturing sites worldwide, including South Africa, Tunisia, the US, Mexico, India, China, Malaysia, Germany, France, Poland, and Brazil.

Amcor PLC is a global leader in developing and producing responsible packaging. It is primarily involved in the manufacturing and marketing of flexible packaging, rigid containers, and specialty cartons by using raw materials such as polymers, aluminum foils, and fibers. The company operates through two business segments, namely, Amcor flexibles and Amcor Rigid Plastics. Amcor flexibles business produces flexible packaging for food, beverage, pharmaceutical, medical, home, and personal care, and other products, whereas Amcor rigid business develops and produces rigid containers and closures for food, beverage, spirits, home and personal care, and healthcare products. The company operates through 220 production sites in more than 40 countries. It has 78 sales, corporate, other offices, and research sites with more than 44,000 employees.

WestRock Company is a leading paper and packaging manufacturer. It operates through four major business segments, namely, corrugated packaging, consumer packaging, global paper, and distribution. The company’s product line includes corrugated containers, folding cartons, merchandising displays, paperboard, kraft paper, containerboard, and pulp. The company caters to the needs of various markets, such as food & beverage, beauty & personal care, home care, luxury packaging, media & electronics, e-commerce, healthcare, and others.
The company operates in 13 countries with over 30 facilities in Asia, Europe, and North America that are focused exclusively on healthcare packaging. It has approximately 320 manufacturing facilities, research labs, design centers, and sales offices and 50,000 employees globally.

Kimberly-Clark Professional is a leading provider of hygiene, safety, and productivity solutions. It operates as part of Kimberly-Clark Corporation, a multinational company known for its consumer and professional products, including well-known brands like Kleenex, Scott, Huggies, and Kotex. Kimberly-Clark Professional product line includes dispensers, restroom & hygiene, wiping & cleaning. Kimberly-Clark Professional focuses primarily on serving businesses and institutions across various industries, providing innovative solutions designed to enhance workplace health, hygiene, and productivity. It emphasizes sustainability in its operations and product development, aiming to reduce its environmental impact through responsible sourcing, waste reduction, and eco-friendly product innovations.

North America has the largest market share in the Health & Hygiene packaging market, in terms of value.

Europe has the third largest market share in the Health & Hygiene packaging market, in terms of value. With prominent consumers like US, Canada, Mexico leading the trend, the region thrives on increased construction activities and is a hub of major packaging manufacturers. Efficient manufacturing facilities and well-established distribution channels enhance supply to renowned packaging manufacturers. Owing to the increasing income of people in this region, the demand for high-end packaging products for healthcare, food, and beverage, and has been proliferating. Apart from the food & beverage industry, the North America region also exhibits significant opportunities in the packaging & labeling industry, which is expected to drive the flexible packaging market.

Inquire Now: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=51851463

Related Posts

Response to the post-budget from Mr. Manish Bhatnagar, Managing Director of SKF India Ltd.

5 Crore+ Students Appear in SOF Olympiads Each Year! Here’s How to Stand Out from the Crowd!