Published on : Nov 11, 2019
The global healthcare packaging market has emerged as a haven of lucrative opportunities. Several trends have factored in to generate huge-scale demand across the global healthcare packaging market. The most important driver of demand within this market is the need for safety across the healthcare industry. Unregulated use of harmful packaging materials can turn out to be fatal for the end users. Furthermore, proper packaging ensures that healthcare products and medications reach the end users in the desired form and volume. Therefore, the global healthcare packaging market is slated to expand at a boisterous pace in the years to follow.
The growth of the global healthcare packaging market shall also depend on the standards specified by international bodies such as the World Health Organization (WHO). The vendors in the healthcare packaging market are making concerted efforts to cater to the specifications and standards set by regional and national authorities. Furthermore, the need for testing and analysis of healthcare products has also compelled market players to pull up their socks.
Clariant has emerged as a splendid provider of healthcare packaging solutions. The company is focused on resolving the need for active and protective packaging within healthcare. Furthermore, the company has also redefined packaging values within healthcare by following ethical standards for pharmaceuticals and OTC drugs. The company specializes in moisture- and odour-control technologies. Other key players operating in the healthcare packaging market are Amcor Limited, Bemis Company, Inc., Huhtamäki Oyj, and DS Smith Plc.
This review is based on a report added by ResearchMoz on the global healthcare packaging market. The report breaks down all the complex forces operating in the global healthcare packaging market in recent times.
Need for Biodegradable Packaging across Healthcare Industry
Environmentalists across the world have emphasized on the need to manage wastes generated by the healthcare industry. Increased use of plastic packets and bags in the healthcare industry has added to the growing levels of environmental pollution. This factor could act as a roadblock to the growth of the global healthcare packaging market. However, the healthcare industry is also making serious efforts to not let the aforementioned factors restrain growth. The use of biodegradable packaging materials is gradually becoming more pronounced across the healthcare industry. This factor shall play an integral role in driving demand within the global healthcare packaging market.
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The healthcare industry uses a wide array of products, and all of them need to safely package. As the packaging industry embraces improved quality and safety standards, the demand within the global healthcare packaging market shall increase. Furthermore, availability of improved models of syringes, incisors, and other surgical aids has also played an underhanded role in market growth.
North America to Lead Market Growth
Based on geography, the global healthcare packaging market can be segmented into South America, North America, Asia Pacific, the Middle East and Africa, and Europe. Healthcare organizations in the U.S. have made concerted efforts to follow biodegradable packaging standards. This factor has led to increased demand within the North America healthcare packaging market. Furthermore, reports from the World Health Organization (WHO) have helped U.S.-based healthcare centers in instituting a better framework for healthcare packaging. The healthcare units are pressurizing the packaging industry to follow green standards of packaging. This trend is gradually seeping into other regional markets such as Europe and Asia Pacific.