Global Plastic Healthcare Packaging Market to reach USD 61.91 billion by 2027
Global Plastic Healthcare Packaging Market is valued approximately USD 31.32 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 6.5% over the forecast period 2021-2027.
Plastics packaging is mostly ideal and meant good for the packaging of food and healthcare stuffs. It has great functional property such as being safe foe food, flexible, transparent, opaque and chemical and heat resistance because of which the healthcare and food stuff can be contained without any damage or contamination.
Plastic packaging industry matured with the advent of technology and overall environmental awareness. The worldwide plastic packaging market is rising due to its extensive use in pharmaceutical industry, which can be driven factor for the market.
Amcor plc has introduced a recyclable polyethylene-based thermoform blister packaging format. It is supposed to meet the high standards of regulated pharmaceutical packaging that creates a sustainable alternative. In January 20. Gerresheimer planned to build a second production plant near Mumbai, India to meet plastic healthcare packaging requirements worldwide. The product portfolio includes plastic containers, plastic ampoules, plastic bottles and more in a variety of designs.
Stringent regulatory policies and approvals for safe use of plastic as a packaging material is expected to restrain market growth during the forecast period. However, its recyclable property has increased the use of plastic and also, growing demand for primary pharmaceutical packaging will have been increasing in the forthcoming period.
The regional analysis of global Plastic Healthcare Packaging Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Among these, the North America region has dominant the market and expected to considerable revenue growth due to increasing FDA approvals and a rapidly growing population. Increasing awareness about needs for reimbursement mechanism is also expected to fuel the growth of the plastic healthcare packaging market.

On the other hand, Asia Pacific region is expected to register the highest CAGR during the forecast period. Countries like China and India are becoming a hub for a wide variety of pharmaceutical manufacturing activities. This is expected to provide a major impetus for growth for the plastic healthcare packaging market.
Major market player included in this report are:
Tekni-Plex
Sealed Air
United Drug
Aphena Pharma Solutions
Vetter Pharma
Beacon Converters Inc
Catalent, Inc
CONSTANTIA
Winpak Ltd
Almac Group

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the Industrial within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:


By Basis of Industry:
Medical Devices
Pharmaceutical

By Type:
Pulmonary
Oral
Transdermal
Injectable
Nasal
Topical
Ocular

By Material:
Plastic
Glass
Paperboard


By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoASIA PACIFIC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027

Target Audience of the Global Plastic Healthcare Packaging Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors