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Medical Packaging Films Market 2019 | Report Forecasting $8.46 Billion Growth by 2026 | Amcor Limited, Berry Global, DuPont, RENOLIT, Weigao group, Polycine, Covestro and others

Medical Packaging Films market research report will help companies achieve better decision-making, revenue generation, market goals and profitable businesses in the long term. It also combines all-inclusive industry analysis with specific estimates and forecasts to provide comprehensive research solutions with the greatest possible clarity for strategic decision-making. Therefore, the movements or actions of major market players and brands are analyzed in the medical packaging report, which ranges from product development, product launch, acquisitions, mergers, joint ventures and future technology products. The generation of target-driven reports, quality loyalty and transparency in the research method are just some of the features with which this market report can be adopted with confidence. This medical packaging films market research report provides a comprehensive overview of the market, taking into account various aspects of product definition, market segmentation based on different parameters and the established market environment.

Market Analysis:

Global medical packaging films market is expected to rise from its initial estimated value of USD 5.75 billion in 2018 to an estimated value of USD 8.46 billion by 2026, registering a CAGR of 4.95% in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing healthcare expenditure amid rising cases of chronic diseases and various disorders.

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Key Competitors in Medical Packaging Films Market:

  • Amcor Limited
  • Berry Global
  • DuPont
  • RENOLIT
  • Weigao group
  • Polycine GmbH
  • Covestro AG
  • Glenroy
  • 3M
  • Wipak
  • TORAY INDUSTRIES INC
  • Klöckner Pentaplast
  • DUNMORE
  • TEKRA
  • COVERIS
  • Winpak Ltd
  • Bemis Company
  • Honeywell International Inc and others

Market Drivers & Restraints:

  • Increasing healthcare expenditure amid rising cases of chronic disorders and diseases is expected to drive the market growth
  • Rising demand for better quality and enhanced products for medical packaging films is also expected to drive the market growth
  • Vulnerability and instability in the prices of raw materials required for the production is expected to restrain the market growth
  • Stringent regulations and denial of packaging as an independent product by the authorities restrains the market growth as it requires

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Segmentation:

Material

  • Plastics, Polyethylene (PE), Polypropylene (PP), Polystyrene (PS), Polyamide (PA), Polyvinyl Chloride (PVC), Aluminum, Oxides

Product

  • High Barrier Films, Metallized Films, Coated Films, Co-Extruded Films, Formable Films, Thermo-Formable Films, Cold-Formable Films

Application

  • Blister Packs, Bags & Pouches, Blood Bags, Parenteral Nutrition Bags, Drainage Bags, Biomedical Bags, Others

Lidding

  • Sachets, Tubes

Region

  • North America, South America, Europe, Asia Pacific, Middle East & Africa

Competitive Analysis:

Global medical packaging films market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of medical packaging films market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

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