SAN FRANCISCO, Oct. 14, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Healthcare Packaging - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE Edition: 6; Released: April 2021 Executive Pool: 4021 Companies: 41 - Players covered include Amcor Ltd.; American Health Packaging; AptarGroup, Inc.; Baxter International, Inc.; Becton, Dickinson and Company; Bemis Co., Inc.; Cardinal Health, Inc.; Catalent Pharma Solutions, Inc.; CCL Industries, Inc.; Clondalkin Group Holdings BV; Constantia Flexibles Group GmbH; Datwyler Holding, Inc.; Euromedex France SA; Gerresheimer AG; Intrapac International Corporation; Klockner Pentaplast GmbH & Co. KG; Korber AG; Nampak Ltd.; RPC Bramlage GmbH; SCHOTT AG; SteriPack Group; Vitro S.A.B. de C.V.; Winpak Ltd. and Others. Coverage: All major geographies and key segments Segments: End-Use (Pharmaceutical, Medical Devices) Geographies: World; United States; Canada; Japan; China; Europe ( France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific ( Australia; India; South Korea; and Rest of Asia-Pacific); Latin America ( Argentina; Brazil; Mexico; and Rest of Latin America); Middle East ( Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
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Global Healthcare Packaging Market to Reach $164.4 Billion by 2026Amid the COVID-19 crisis, the global market for Healthcare Packaging estimated at US$115.8 Billion in the year 2020, is projected to reach a revised size of US$164.4 Billion by 2026, growing at a CAGR of 5.8% over the analysis period. Pharmaceutical, one of the segments analyzed in the report, is projected to record a 5.7% CAGR and reach US$106 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Medical Devices segment is readjusted to a revised 6% CAGR for the next 7-year period.
The U.S. Market is Estimated at $33.5 Billion in 2021, While China is Forecast to Reach $33.7 Billion by 2026The Healthcare Packaging market in the U.S. is estimated at US$33.5 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$33.7 Billion by the year 2026 trailing a CAGR of 8.8% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.2% and 5.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR. More
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