Sterilized

Report Titled: “Sterilized Packaging Market – Growth, Trends, and Forecast (2019 – 2024)

The report provides deep insights into Sterilized Packaging Market related to industry size, share, types, applications, and forecast details. The report covers all the essential information of top key players and relevant regions. Sterilized Packaging market report analyzed the market present condition, profit, loss, capacity, productions, consumption and growth rate of the market. In the end, the report introduced SWOT analysis, investment feasibility, and return analysis of the market.

Scope of the Report:

  • Sterile packaging helps protect drugs, medical devices, food products from getting contaminated. They are tear resistant, durable, breathable and has superior microbial barrier to make a packaging sterile and safe.
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    Market Overview:

  • The sterilized packaging market is expected to witness a CAGR of 5.01%, during the forecast period 2019 – 2024. In modern life, packaging plays a vital role to preserve and protect the product from any damage or contaminations. Some critical products require sterilized packaging to not only protect the product but also avoid reacting with packaging solutions and air.
  • – Medical devices manufacturing industries, food & beverage, pharmaceuticals and others are now concentrating more on the sterile and disinfect packaging due to the rise in viral infections due to the use of non-sterile instruments. The awareness about such infections is increasing and demanding sterilized packaging.
  • – The sterilization process improves shelf life with aseptic packaging of critical devices & equipment. Demand for longer shelf life is driving market growth.
  • – The increasing technological advancements, coupled with the stringent government regulations, have buoyed the growth of the market. On the other hand, due to increasing global healthcare cost, consumers are demanding cheaper products and restricting the growth of the market.

    List of Top Key Players are as Follow:

  • Amcor Limited
  • Baxter International Limited.
  • Bemis Company
  • Inc.
  • E.I. Du Pont De Nemours and Company
  • Placon Corporation Inc.
  • Wipak Group
  • Tekni-Plex
  • Inc.
  • AptarGroup
  • Inc.
  • West Pharmaceutical Services
  • Inc.
  • Gerresheimer AG
  • Schott AG
  • Steripack USA Limited LLC

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    Key Market Trends:

    Sterilized Food Packaging to Witness Significant Growth

    – Packaging plays a critical role in the food industry in terms of maintaining the quality and taste of the packaged food for a longer time. With the improvement in the standard of living of the consumers globally, demand for packaged food has shown rapid surge over the years.
    – Globally almost 10% of the population falls ill after eating contaminated food. Additionally, 40% of diseases in children are foodborne diseases. FDA has suggested the use of sterile packaged food to improve the safety in food consumption.
    – According to the FSSAI, the sales volume of packaged food products surged by over 48% in the span of 2012 to 2016. With the increase in demand for packaged food and awareness for the use of aseptic and sterile packaging is driving the market growth.

    Asia-Pacific to Witness Fastest Growth

    – Asia-Pacific has experienced positive growth in the sterilized packaging market and is estimated to witness significant growth, over the forecast period (2019 – 2024). The disposable income of consumers in the region has witnessed significant growth, which increased the standard of living of people in the region.
    – The growing urban population in India and China with 33% and 51% respectively is increasing the demand for quality medical treatments in this region. India and China, together contributed over 70% of the total share of Asia-Pacific share, in 2018.
    – Medical devices manufacturing industries, diagnostic centres, and hospitals are now concentrating more on the sterile and disinfect packaging of medical devices due to the rise in viral infections and various stringent regulations.
    – ISRO has planned to conduct seven mega missions in the next 10 years. For instance, the second moon mission will be launched in July 2019 and the next missions for Mars and Venus are also included. These trends will boost the need for sterilization packaging in the spacecraft and space missions.

    Reasons to Buy Sterilized Packaging Market Report:

    • In-depth analysis of the market on the global and regional level.
    • Major changes in market dynamics and competitive landscape.
    • Segmentation on the basis of type, application, geography, and others.
    • Historical and future market research in terms of size, share, growth, volume & sales.
    • Major changes and assessment in market dynamics & developments.
    • Industry size & share analysis with industry growth and trends.
    • Emerging key segments and regions
    • Key business strategies by major market players and their key methods.
    • The research report covers size, share, trends and growth analysis of the Sterilized Packaging Market on the global and regional level.

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    Detailed TOC of Sterilized Packaging Market Report are:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 Growing Demand from the Healthcare Industry
    4.3 Market Restraints
    4.3.1 Increase in Global Healthcare Cost
    4.4 Value Chain Analysis
    4.5 Industry Attractiveness – Porter’s Five Force Analysis
    4.5.1 Threat of New Entrants
    4.5.2 Bargaining Power of Buyers/Consumers
    4.5.3 Bargaining Power of Suppliers
    4.5.4 Threat of Substitute Products
    4.5.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Product
    5.1.1 Clamshells
    5.1.2 Pouches
    5.1.3 Bottles
    5.1.4 Blisters & Ampoules
    5.1.5 Vials
    5.1.6 Others Products
    5.2 By Material
    5.2.1 Plastic
    5.2.2 Glass
    5.2.3 Metal
    5.3 By Sterilization Method
    5.3.1 Chemical
    5.3.2 Radiation
    5.3.3 High Temperature/Pressure
    5.4 By End-user Industry
    5.4.1 Medical And Surgical
    5.4.2 Food and Beverage
    5.4.3 Pharmaceutical and Biological
    5.4.4 Other End-user Industries
    5.5 Geography
    5.5.1 North America
    5.5.2 Europe
    5.5.3 Asia-Pacific
    5.5.4 Latin America
    5.5.5 Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Amcor Limited
    6.1.2 Baxter International Limited.
    6.1.3 Bemis Company, Inc.
    6.1.4 E.I. Du Pont De Nemours and Company
    6.1.5 Placon Corporation Inc.
    6.1.6 Wipak Group
    6.1.7 Tekni-Plex, Inc.
    6.1.8 AptarGroup, Inc.
    6.1.9 West Pharmaceutical Services, Inc.
    6.1.10 Gerresheimer AG
    6.1.11 Schott AG
    6.1.12 Steripack USA Limited LLC

    7 INVESTMENT ANALYSIS

    8 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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