PUBLISHER: Market Research Future | PRODUCT CODE: 1532335
PUBLISHER: Market Research Future | PRODUCT CODE: 1532335
Global Thermoformed Healthcare Packaging Market Research Report Information by Packaging Type (Blister, Clamshell, Skin Packaging, Trays & Lids, Containers, and Others), By Material (Polyethylene Terephthalate (PET), Polyethylene (PE), Poly Vinyl Chloride (PVC), Acrylonitrile Butadiene Styrene (ABS), Polypropylene (PP), Polystyrene (PS), and Others), By Process (Vacuum Forming, Pressure Forming, Plug Assist Forming, Drape Forming, Cavity Forming, and Twin Sheet Forming), By Heat Seal Coating (Water Based, Solvent Based, and Hot Melt Based), and by Region- Forecast to 2030
The thermoformed healthcare packaging market is predicted to grow at a compound annual growth rate (CAGR) of 7.7% during the study year. the expanding demand for thermoformed packaging in several industries, such as pharmaceuticals, medical devices, and diagnostics. Thermoformed packaging is a popular and incredibly versatile technique for packaging a variety of medical goods, including pills, capsules, syringes, blood bags, and diagnostic kits. One of the main drivers driving this market is the increasing need for sterile medical packaging, where thermoformed trays are the recommended choice for packing sterile medical supplies and devices.
The ever-expanding global healthcare sector is driving up demand for drugs and medical equipment. Since thermoformed packaging offers the required durability, protection, and customisation, it is a popular choice for these products. Thermoformed packaging is now required in the steadily growing healthcare industry. This specialized packaging technique creates distinctive packaging for medications, medical supplies, and healthcare items by using molds and heat to form a plastic sheet into the desired shape. Because of its various advantages, thermoformed packaging is particularly helpful for the healthcare sector. Its outstanding protection, durability, and barrier capabilities enable the secure transportation and storage of sensitive medical supplies and equipment. In order to enhance the product's usability and safety, thermoformed packaging can also be customized to meet special requirements, such as having child-resistant locks, tamper-evident features, and personalized compartments.
Thermoformed Healthcare Packaging may vary depending on the type of packaging. Examples of market segmentation include blister, clamshell, skin packaging, trays and lids, containers, and other package types.
The materials that comprise the market segmentation of thermoformed healthcare packaging are Polyethylene Terephthalate (PET), Polyethylene (PE), Poly Vinyl Chloride (PVC), Acrylonitrile Butadiene Styrene (ABS), Polypropylene (PP), Polystyrene (PS), and Others.
The process section of the market includes vacuum forming, pressure forming, plug assist forming, drape forming, cavity forming, and twin sheet forming.
The market size for thermoformed healthcare packaging includes heat seal coatings with solvent, water, and hot melt bases.
Regional Insights
The market for thermoformed healthcare packaging was largest in North America in 2022, and it is expected to increase at a significant compound annual growth rate (CAGR) throughout the course of the forecast period. North America dominates the thermoformed plastic packaging market because of the region's rapid industrialization and technological advancements in the packaging sector.
Over the past few years, thermoformed healthcare packaging has become increasingly necessary throughout Europe. Thermoforming is a popular manufacturing process used to create plastic packaging for the healthcare industry. This type of packaging has various advantages, including good product protection, simplicity of sterilization, and efficient storage. One of the key reasons driving the need for thermoformed healthcare packaging is the increasing emphasis on safety and hygiene in the healthcare sector.
The Asia Pacific region is home to the world's third-largest pharmaceutical market, behind North America and Europe. Healthcare and pharmaceutical industries in this region have specific needs when it comes to blister packaging solutions. These needs include high levels of protection, cost-effectiveness, ease of handling, and isolation from external influences.
Some of the leading companies in the thermoformed healthcare packaging market include Amcor Plc, Sonoco Products Company, Placon Corp, Dordan Manufacturing Company, Constantia, Plastic Ingenuity, Prent Corporation, O. Plastics, Inc., Brentwood Industries, Inc., and GY Packaging.