Medical Packaging Market

Increasing spending on healthcare infrastructure and high investments on R&D is driving the medical industry, thereby giving rise to need of their packaging, simultaneously with medicine production.

The global medical packaging market is expected to be valued at US$113 Bn by the end of 2025, wherein bottles packaging type accounts for the major portion of the market.

With a market share of more than 45%, Asia Pacific is anticipated to hold the highest volume share by 2025. It also projected to be largest production hub for all the material categories by 2025.

In the medical packaging market, top 5 players accounted for more than 18% of the value share in 2019.

Fairfield Market Research projects the global medical packaging market to grow with a CAGR of 7.4% by 2025, chiefly driven by tremendous expansion activities by manufacturers.