North American Healthcare Packaging Market Size | COVID-19 Impact Analysis | Forecast to 2026
The North American healthcare packaging market is anticipated to grow at a CAGR of 5.3% during the forecast period (2020-2026). The increasing concerns regarding the environmental issues are driving the demand for biodegradable healthcare packaging across the region, which in turn, aiding to the growth of the North American healthcare packaging industry. In addition to this, disposable medical packaging is also experiencing a rise in demand, which will also expand the North American healthcare packaging market size.
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Furthermore, rising
healthcare spending will also foster the growth of the North American
healthcare packaging industry growth during the forecast period. Along with the
region’s growing pharmaceutical market, smart or also termed as intelligent
packaging trend is flourishing significantly in North America owing to the
presence of technically advanced packaging companies tend to provide an ample
opportunity for the growth of the market in the near future.
For instance, in January 2020, Origin Labs, Inc. has launched a product line, focused on products for health, wellness, and more that comes with the NFC digital tagging in all of its packaging. Healthcare products that come with smart packaging aid in reducing the counterfeit products and effectively manage the supply chain data. Therefore, the increasing adoption of smart packaging solutions across the region will drive the growth of the North American healthcare packaging.
Market Coverage
·
Market numbers available for – 2019-2026
·
Base year- 2019
·
Forecast period- 2020-2026
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Segment Covered-
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By End-Use Vertical
·
By Material Type
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Regions Covered-
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US
·
Canada
·
Competitive Landscape- CCL Industries Corp., DuPont
de Nemours, Inc., Oliver Products Co., WestRock Co., Packaging Technology
Group, Inc., Berry Global Inc., AptarGroup Inc., 3M Co., and Sonoco Products
Corp.
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North American Healthcare Packaging Market Report
Segment
By End-Use Vertical
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Pharmaceutical
·
Medical Devices
By Material Type
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Polymer
·
Paper & Paperboard
·
Others (Glass and Metals)
Regional Analysis
·
US
·
Canada
Company Profiles
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3M Co.
·
Overview
·
3M Co. in Healthcare Packaging Landscape
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Recent Developments
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AptarGroup, Inc.
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Avery Dennison Corp.
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Berry Global Inc.
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CCL Industries Corp.
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Corning Inc.
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GS Medical Packaging Inc.
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Eastman Chemical Co.
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DuPont de Nemours, Inc.
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Oliver Products Co.
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Pharma Packaging Solutions (PPS)
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Schott AG
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Sonoco Products Co.
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Technipaq Inc.
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Tekni-Plex, Inc.
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WestRock Co.
·
Winpak Ltd.
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