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Medical Packaging Films Market worth $10.4 billion by 2028 – At a CAGR of 6.0%

Published: December 19, 2023
Author: TEXTILE VALUE CHAIN

As per the recently published report by MarketsandMarkets™, The  Medical Packaging Films Market by Material (Polyethylene, Polypropylene, Polyvinyl Chloride, Polyamide), Type (Thermoformable Film, High Barrier Film, Metallized Film), Application (Bags, Tubes), and Region – Global Forecast to 2028″, size is estimated to be USD 7.8 billion in 2023, and it is projected to reach USD 10.4 billion by 2028 at a CAGR of 6.0%. Medical packaging films are specialized materials used in the healthcare and medical industry for packaging and protecting various medical products, including medical devices, diagnostic kits, and other healthcare supplies.

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  • 180 Market data Tables
  • 45 Figures
  • 190 Pages and in-depth TOC on “Medical Packaging Films Market – Global Forecast to 2028”

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

Some of the leading companies involved in the manufacturing of medical packaging films are Amcor Plc (Switzerland), Berry Global Inc. (US), DuPont de Nemours Inc. (U.S.), Covestro AG (Germany), and Weigao Group (China), and others are covered in the medical packaging films market. Various growth strategies such as acquisitions, product launches, expansion, partnerships, mergers, etc. have been adopted by these players to strengthen their position in the medical packaging films market.

Recent Developments in Medical Packaging Films Market Industry

  1. In July 2023, Berry Global Inc. (US) has collaborated with Deaconess Midtown Hospital, Nexus Circular, and Evansville Packaging Supply, to recycle non-hazardous, sterile, plastic packaging and nonwoven fabric from the hospital’s surgical suite, pharmaceutical, laboratory, and warehouse.
  2. In April 2023, Berry Global Inc. (US) has opened its new state-of-the-art healthcare manufacturing facility and Global Centre of Excellence in Bangalore, India.
  3. In March 2023, Amcor Plc (Switzerland) has partnered with Procter & Gamble, Delterra, and Mars, to scale upstream and downstream solutions for a circular plastics economy.
  4. In March 2023, Toppan, Inc.(Japan) has opened a film manufacturing plant in the Czech Republic.
  5. In January 2023, Amcor Plc (Switzerland) has entered into an agreement to acquire the Shanghai-based medical devices packaging company i.e., Mdk (Shanghai) Medical Packing Co., Ltd.
  6. In December 2022, Amcor Plc (Switzerland) has announced the opening of its new state-of-the-art flexible packaging manufacturing plant in Huizhou, China.
  7. In April 2022, Covestro AG (Germany) has announced the expansion of production capacities for thermoplastic polyurethane (TPU) Films in the Platilon range, in Germany.

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The medical packaging films market is segmented based on several materials that are used to make medical packaging films, such as polyethylene, polypropylene, polyamide, polyvinyl chloride, and others. Medical packaging films are used in several applications such as bags, tubes, and others. In addition to this, the medical packaging films market is also segmented on the basis of types such as thermoformable films, metalized film, high barrier films, and others.

Amcor Plc (Switzerland)
 specializes in providing a wide range of packaging solutions. Their offerings encompass plastic, fiber, metal, and glass packaging products, including PET bottles, plastic bottles and jars, closures, specialty folding cartons, films, bags, rigid containers, laminates, and flow packs. These versatile products cater to a variety of industries, such as beverages, food, pharmaceuticals, medical devices, personal care, and more. Amcor’s presence extends across Europe, Asia Pacific, North America, and Oceania, serving markets in medical devices, healthcare, pharmaceuticals, personal care, and home products

Berry Global Inc. (US)
 is a prominent manufacturer and supplier, specializing in an extensive array of consumer packaging solutions. Their diverse product line encompasses plastic consumer packaging, flexible and nonwoven specialty materials, and engineered materials. Within this portfolio, you’ll find an assortment of items, including but not limited to clothing, applicators, bags, bottles, building materials, caps, containers, films, filtration materials, jars, lids, and medical devices. These products are marketed under various brand names like Wavegrip, Sustane, Terram, Ruffies, and more. Berry Global’s clientele spans across multiple sectors, such as foodservice, healthcare, personal care, household, hygiene, industrial, transportation, food, and beverages. Their operations are not confined to a single region, as they have a significant presence in the United States, Canada, Europe, and other parts of the world.

DuPont de Nemours Inc. (US)
 is a prominent provider of technology-driven materials and innovative solutions. The company offers a wide range of materials and printing systems to support the advanced printing industry. Additionally, the company provides materials and solutions essential for semiconductor and integrated circuit fabrication, spanning both the front-end and back-end stages of the manufacturing process. Their extensive product portfolio encompasses adhesives, cutting-edge printing solutions, animal nutrition, construction materials, biomaterials, electronic solutions, fabrics, fibers, nonwovens, food and beverage ingredients, industrial films, medical devices, resins, and more. These offerings cater to a diverse set of industries, including automotive, construction, energy, electronics, food and beverage, aerospace, textiles, medical, personal care, and packaging and printing.

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