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Sterile Medical Packaging Market in the US 2024-2028

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    Report

  • 146 Pages
  • July 2024
  • Region: United States
  • TechNavio
  • ID: 5780750
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The sterile medical packaging market in us is forecasted to grow by USD 3.89 billion during 2023-2028, accelerating at a CAGR of 5.97% during the forecast period. The report on the sterile medical packaging market in us provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by high healthcare expenditure on medical technologies, high sales of pharmaceuticals, and launch of new sterile medical packaging solutions by market vendors.

The sterile medical packaging market in us is segmented as below:

By Material

  • Plastic
  • Glass
  • Aluminum
  • Others

By Product

  • Thermoformed trays
  • Blister packs
  • Bottles
  • Others

By Geographical Landscape

  • North America
This study identifies the growing focus on sustainable medical packaging as one of the prime reasons driving the sterile medical packaging market in us growth during the next few years. Also, expansion of manufacturing capabilities by market vendors and increasing focus on flexible packaging will lead to sizable demand in the market.

The report on the sterile medical packaging market in us covers the following areas:

  • Sterile medical packaging market in us sizing
  • Sterile medical packaging market in us forecast
  • Sterile medical packaging market in us industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading sterile medical packaging market in us vendors that include 3M Co., Amcor Plc, Avient Corp., Berry Global Inc., Cardinal Health Inc., DuPont de Nemours Inc., DWK Life Sciences GmbH, Eagle Medical Inc., Janco Inc., Nelipak Corp., Oliver Healthcare Packaging Co., Orchid MPS Holdings LLC, Placon Corp., ProAmpac Holdings Inc., Sonoco Products Co., Steripack Group Ltd., Technipaq Inc., Tekni Plex Inc., West Pharmaceutical Services Inc., and Wipak Group. Also, the sterile medical packaging market in us analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market Segmentation by Material
Executive Summary - Chart on Market Segmentation by Product
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on US - Market size and forecast 2023-2028 ($ million)
Data Table on US - Market size and forecast 2023-2028 ($ million)
Chart on US: Year-over-year growth 2023-2028 (%)
Data Table on US: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Sterile Medical Packaging Market in US 2018 - 2022
Historic Market Size - Data Table on Sterile Medical Packaging Market in US 2018 - 2022 ($ million)
4.2 Material segment analysis 2018 - 2022
Historic Market Size - Material Segment 2018 - 2022 ($ million)
4.3 Product segment analysis 2018 - 2022
Historic Market Size - Product Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Material
6.1 Market segments
Chart on Material - Market share 2023-2028 (%)
Data Table on Material - Market share 2023-2028 (%)
6.2 Comparison by Material
Chart on Comparison by Material
Data Table on Comparison by Material
6.3 Plastic - Market size and forecast 2023-2028
Chart on Plastic - Market size and forecast 2023-2028 ($ million)
Data Table on Plastic - Market size and forecast 2023-2028 ($ million)
Chart on Plastic - Year-over-year growth 2023-2028 (%)
Data Table on Plastic - Year-over-year growth 2023-2028 (%)
6.4 Glass - Market size and forecast 2023-2028
Chart on Glass - Market size and forecast 2023-2028 ($ million)
Data Table on Glass - Market size and forecast 2023-2028 ($ million)
Chart on Glass - Year-over-year growth 2023-2028 (%)
Data Table on Glass - Year-over-year growth 2023-2028 (%)
6.5 Aluminum - Market size and forecast 2023-2028
Chart on Aluminum - Market size and forecast 2023-2028 ($ million)
Data Table on Aluminum - Market size and forecast 2023-2028 ($ million)
Chart on Aluminum - Year-over-year growth 2023-2028 (%)
Data Table on Aluminum - Year-over-year growth 2023-2028 (%)
6.6 Others - Market size and forecast 2023-2028
Chart on Others - Market size and forecast 2023-2028 ($ million)
Data Table on Others - Market size and forecast 2023-2028 ($ million)
Chart on Others - Year-over-year growth 2023-2028 (%)
Data Table on Others - Year-over-year growth 2023-2028 (%)
6.7 Market opportunity by Material
Market opportunity by Material ($ million)
Data Table on Market opportunity by Material ($ million)
7 Market Segmentation by Product
7.1 Market segments
Chart on Product - Market share 2023-2028 (%)
Data Table on Product - Market share 2023-2028 (%)
7.2 Comparison by Product
Chart on Comparison by Product
Data Table on Comparison by Product
7.3 Thermoformed trays - Market size and forecast 2023-2028
Chart on Thermoformed trays - Market size and forecast 2023-2028 ($ million)
Data Table on Thermoformed trays - Market size and forecast 2023-2028 ($ million)
Chart on Thermoformed trays - Year-over-year growth 2023-2028 (%)
Data Table on Thermoformed trays - Year-over-year growth 2023-2028 (%)
7.4 Blister packs - Market size and forecast 2023-2028
Chart on Blister packs - Market size and forecast 2023-2028 ($ million)
Data Table on Blister packs - Market size and forecast 2023-2028 ($ million)
Chart on Blister packs - Year-over-year growth 2023-2028 (%)
Data Table on Blister packs - Year-over-year growth 2023-2028 (%)
7.5 Bottles - Market size and forecast 2023-2028
Chart on Bottles - Market size and forecast 2023-2028 ($ million)
Data Table on Bottles - Market size and forecast 2023-2028 ($ million)
Chart on Bottles - Year-over-year growth 2023-2028 (%)
Data Table on Bottles - Year-over-year growth 2023-2028 (%)
7.6 Others - Market size and forecast 2023-2028
Chart on Others - Market size and forecast 2023-2028 ($ million)
Data Table on Others - Market size and forecast 2023-2028 ($ million)
Chart on Others - Year-over-year growth 2023-2028 (%)
Data Table on Others - Year-over-year growth 2023-2028 (%)
7.7 Market opportunity by Product
Market opportunity by Product ($ million)
Data Table on Market opportunity by Product ($ million)
8 Customer Landscape
8.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Drivers, Challenges, and Opportunity/Restraints
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints
10 Competitive Landscape
10.1 Overview
10.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
Overview on factors of disruption
10.4 Industry risks
Impact of key risks on business
11 Competitive Analysis
11.1 Companies profiled
Companies covered
11.2 Market positioning of companies
Matrix on companies position and classification
3M Co.
3M Co. - Overview
3M Co. - Business segments
3M Co. - Key news
3M Co. - Key offerings
3M Co. - Segment focus
11.4 Amcor Plc
Amcor Plc - Overview
Amcor Plc - Business segments
Amcor Plc - Key news
Amcor Plc - Key offerings
Amcor Plc - Segment focus
11.5 Avient Corp.
Avient Corp. - Overview
Avient Corp. - Business segments
Avient Corp. - Key news
Avient Corp. - Key offerings
Avient Corp. - Segment focus
11.6 Berry Global Inc.
Berry Global Inc. - Overview
Berry Global Inc. - Business segments
Berry Global Inc. - Key news
Berry Global Inc. - Key offerings
Berry Global Inc. - Segment focus
11.7 Cardinal Health Inc.
Cardinal Health Inc. - Overview
Cardinal Health Inc. - Business segments
Cardinal Health Inc. - Key news
Cardinal Health Inc. - Key offerings
Cardinal Health Inc. - Segment focus
11.8 DuPont de Nemours Inc.
DuPont de Nemours Inc. - Overview
DuPont de Nemours Inc. - Business segments
DuPont de Nemours Inc. - Key news
DuPont de Nemours Inc. - Key offerings
DuPont de Nemours Inc. - Segment focus
11.9 Janco Inc.
Janco Inc. - Overview
Janco Inc. - Product / Service
Janco Inc. - Key offerings
11.10 Nelipak Corp.
Nelipak Corp. - Overview
Nelipak Corp. - Product / Service
Nelipak Corp. - Key offerings
11.11 Oliver Healthcare Packaging Co.
Oliver Healthcare Packaging Co. - Overview
Oliver Healthcare Packaging Co. - Product / Service
Oliver Healthcare Packaging Co. - Key offerings
11.12 Orchid MPS Holdings LLC
Orchid MPS Holdings LLC - Overview
Orchid MPS Holdings LLC - Product / Service
Orchid MPS Holdings LLC - Key offerings
11.13 Placon Corp.
Placon Corp. - Overview
Placon Corp. - Product / Service
Placon Corp. - Key offerings
11.14 Sonoco Products Co.
Sonoco Products Co. - Overview
Sonoco Products Co. - Business segments
Sonoco Products Co. - Key news
Sonoco Products Co. - Key offerings
Sonoco Products Co. - Segment focus
11.15 Steripack Group Ltd.
Steripack Group Ltd. - Overview
Steripack Group Ltd. - Product / Service
Steripack Group Ltd. - Key offerings
11.16 West Pharmaceutical Services Inc.
West Pharmaceutical Services Inc. - Overview
West Pharmaceutical Services Inc. - Business segments
West Pharmaceutical Services Inc. - Key offerings
West Pharmaceutical Services Inc. - Segment focus
11.17 Wipak Group
Wipak Group - Overview
Wipak Group - Product / Service
Wipak Group - Key offerings
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
12.3 Currency conversion rates for US$
Currency conversion rates for US$
12.4 Research methodology
Research methodology
12.5 Data procurement
Information sources
12.6 Data validation
Data validation
12.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
12.8 Data synthesis
Data synthesis
360 degree market analysis
360 degree market analysis
12.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market Segmentation by Material
Exhibits 5: Executive Summary - Chart on Market Segmentation by Product
Exhibits 6: Executive Summary - Chart on Company Market Positioning
Exhibits 7: Parent Market
Exhibits 8: Data Table on - Parent Market
Exhibits 9: Market characteristics analysis
Exhibits 10: Value Chain Analysis
Exhibits 11: Offerings of companies included in the market definition
Exhibits 12: Market segments
Exhibits 13: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibits 14: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibits 15: Chart on US: Year-over-year growth 2023-2028 (%)
Exhibits 16: Data Table on US: Year-over-year growth 2023-2028 (%)
Exhibits 17: Historic Market Size - Data Table on Sterile Medical Packaging Market in US 2018 - 2022 ($ million)
Exhibits 18: Historic Market Size - Material Segment 2018 - 2022 ($ million)
Exhibits 19: Historic Market Size - Product Segment 2018 - 2022 ($ million)
Exhibits 20: Five forces analysis - Comparison between 2023 and 2028
Exhibits 21: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 22: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 23: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 24: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 25: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 26: Chart on Market condition - Five forces 2023 and 2028
Exhibits 27: Chart on Material - Market share 2023-2028 (%)
Exhibits 28: Data Table on Material - Market share 2023-2028 (%)
Exhibits 29: Chart on Comparison by Material
Exhibits 30: Data Table on Comparison by Material
Exhibits 31: Chart on Plastic - Market size and forecast 2023-2028 ($ million)
Exhibits 32: Data Table on Plastic - Market size and forecast 2023-2028 ($ million)
Exhibits 33: Chart on Plastic - Year-over-year growth 2023-2028 (%)
Exhibits 34: Data Table on Plastic - Year-over-year growth 2023-2028 (%)
Exhibits 35: Chart on Glass - Market size and forecast 2023-2028 ($ million)
Exhibits 36: Data Table on Glass - Market size and forecast 2023-2028 ($ million)
Exhibits 37: Chart on Glass - Year-over-year growth 2023-2028 (%)
Exhibits 38: Data Table on Glass - Year-over-year growth 2023-2028 (%)
Exhibits 39: Chart on Aluminum - Market size and forecast 2023-2028 ($ million)
Exhibits 40: Data Table on Aluminum - Market size and forecast 2023-2028 ($ million)
Exhibits 41: Chart on Aluminum - Year-over-year growth 2023-2028 (%)
Exhibits 42: Data Table on Aluminum - Year-over-year growth 2023-2028 (%)
Exhibits 43: Chart on Others - Market size and forecast 2023-2028 ($ million)
Exhibits 44: Data Table on Others - Market size and forecast 2023-2028 ($ million)
Exhibits 45: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibits 46: Data Table on Others - Year-over-year growth 2023-2028 (%)
Exhibits 47: Market opportunity by Material ($ million)
Exhibits 48: Data Table on Market opportunity by Material ($ million)
Exhibits 49: Chart on Product - Market share 2023-2028 (%)
Exhibits 50: Data Table on Product - Market share 2023-2028 (%)
Exhibits 51: Chart on Comparison by Product
Exhibits 52: Data Table on Comparison by Product
Exhibits 53: Chart on Thermoformed trays - Market size and forecast 2023-2028 ($ million)
Exhibits 54: Data Table on Thermoformed trays - Market size and forecast 2023-2028 ($ million)
Exhibits 55: Chart on Thermoformed trays - Year-over-year growth 2023-2028 (%)
Exhibits 56: Data Table on Thermoformed trays - Year-over-year growth 2023-2028 (%)
Exhibits 57: Chart on Blister packs - Market size and forecast 2023-2028 ($ million)
Exhibits 58: Data Table on Blister packs - Market size and forecast 2023-2028 ($ million)
Exhibits 59: Chart on Blister packs - Year-over-year growth 2023-2028 (%)
Exhibits 60: Data Table on Blister packs - Year-over-year growth 2023-2028 (%)
Exhibits 61: Chart on Bottles - Market size and forecast 2023-2028 ($ million)
Exhibits 62: Data Table on Bottles - Market size and forecast 2023-2028 ($ million)
Exhibits 63: Chart on Bottles - Year-over-year growth 2023-2028 (%)
Exhibits 64: Data Table on Bottles - Year-over-year growth 2023-2028 (%)
Exhibits 65: Chart on Others - Market size and forecast 2023-2028 ($ million)
Exhibits 66: Data Table on Others - Market size and forecast 2023-2028 ($ million)
Exhibits 67: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibits 68: Data Table on Others - Year-over-year growth 2023-2028 (%)
Exhibits 69: Market opportunity by Product ($ million)
Exhibits 70: Data Table on Market opportunity by Product ($ million)
Exhibits 71: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 72: Impact of drivers and challenges in 2023 and 2028
Exhibits 73: Overview on criticality of inputs and factors of differentiation
Exhibits 74: Overview on factors of disruption
Exhibits 75: Impact of key risks on business
Exhibits 76: Companies covered
Exhibits 77: Matrix on companies position and classification
Exhibits 78: 3M Co. - Overview
Exhibits 79: 3M Co. - Business segments
Exhibits 80: 3M Co. - Key news
Exhibits 81: 3M Co. - Key offerings
Exhibits 82: 3M Co. - Segment focus
Exhibits 83: Amcor Plc - Overview
Exhibits 84: Amcor Plc - Business segments
Exhibits 85: Amcor Plc - Key news
Exhibits 86: Amcor Plc - Key offerings
Exhibits 87: Amcor Plc - Segment focus
Exhibits 88: Avient Corp. - Overview
Exhibits 89: Avient Corp. - Business segments
Exhibits 90: Avient Corp. - Key news
Exhibits 91: Avient Corp. - Key offerings
Exhibits 92: Avient Corp. - Segment focus
Exhibits 93: Berry Global Inc. - Overview
Exhibits 94: Berry Global Inc. - Business segments
Exhibits 95: Berry Global Inc. - Key news
Exhibits 96: Berry Global Inc. - Key offerings
Exhibits 97: Berry Global Inc. - Segment focus
Exhibits 98: Cardinal Health Inc. - Overview
Exhibits 99: Cardinal Health Inc. - Business segments
Exhibits 100: Cardinal Health Inc. - Key news
Exhibits 101: Cardinal Health Inc. - Key offerings
Exhibits 102: Cardinal Health Inc. - Segment focus
Exhibits 103: DuPont de Nemours Inc. - Overview
Exhibits 104: DuPont de Nemours Inc. - Business segments
Exhibits 105: DuPont de Nemours Inc. - Key news
Exhibits 106: DuPont de Nemours Inc. - Key offerings
Exhibits 107: DuPont de Nemours Inc. - Segment focus
Exhibits 108: Janco Inc. - Overview
Exhibits 109: Janco Inc. - Product / Service
Exhibits 110: Janco Inc. - Key offerings
Exhibits 111: Nelipak Corp. - Overview
Exhibits 112: Nelipak Corp. - Product / Service
Exhibits 113: Nelipak Corp. - Key offerings
Exhibits 114: Oliver Healthcare Packaging Co. - Overview
Exhibits 115: Oliver Healthcare Packaging Co. - Product / Service
Exhibits 116: Oliver Healthcare Packaging Co. - Key offerings
Exhibits 117: Orchid MPS Holdings LLC - Overview
Exhibits 118: Orchid MPS Holdings LLC - Product / Service
Exhibits 119: Orchid MPS Holdings LLC - Key offerings
Exhibits 120: Placon Corp. - Overview
Exhibits 121: Placon Corp. - Product / Service
Exhibits 122: Placon Corp. - Key offerings
Exhibits 123: Sonoco Products Co. - Overview
Exhibits 124: Sonoco Products Co. - Business segments
Exhibits 125: Sonoco Products Co. - Key news
Exhibits 126: Sonoco Products Co. - Key offerings
Exhibits 127: Sonoco Products Co. - Segment focus
Exhibits 128: Steripack Group Ltd. - Overview
Exhibits 129: Steripack Group Ltd. - Product / Service
Exhibits 130: Steripack Group Ltd. - Key offerings
Exhibits 131: West Pharmaceutical Services Inc. - Overview
Exhibits 132: West Pharmaceutical Services Inc. - Business segments
Exhibits 133: West Pharmaceutical Services Inc. - Key offerings
Exhibits 134: West Pharmaceutical Services Inc. - Segment focus
Exhibits 135: Wipak Group - Overview
Exhibits 136: Wipak Group - Product / Service
Exhibits 137: Wipak Group - Key offerings
Exhibits 138: Inclusions checklist
Exhibits 139: Exclusions checklist
Exhibits 140: Currency conversion rates for US$
Exhibits 141: Research methodology
Exhibits 142: Information sources
Exhibits 143: Data validation
Exhibits 144: Validation techniques employed for market sizing
Exhibits 145: Data synthesis
Exhibits 146: 360 degree market analysis
Exhibits 147: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the sterile medical packaging market in US: 3M Co., Amcor PLC, Avient Corp., Berry Global Inc., Cardinal Health Inc., DuPont de Nemours Inc., DWK Life Sciences GmbH, Eagle Medical Inc., Janco Inc., Nelipak Corp., Oliver Healthcare Packaging Co., Orchid MPS Holdings LLC, Placon Corp., ProAmpac Holdings Inc., Sonoco Products Co., Steripack Group Ltd., Technipaq Inc., Tekni Plex Inc., West Pharmaceutical Services Inc., and Wipak Group.

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing focus on sustainable medical packaging."

According to the report, one of the major drivers for this market is the high healthcare expenditure on medical technologies.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • 3M Co.
  • Amcor Plc
  • Avient Corp.
  • Berry Global Inc.
  • Cardinal Health Inc.
  • DuPont de Nemours Inc.
  • DWK Life Sciences GmbH
  • Eagle Medical Inc.
  • Janco Inc.
  • Nelipak Corp.
  • Oliver Healthcare Packaging Co.
  • Orchid MPS Holdings LLC
  • Placon Corp.
  • ProAmpac Holdings Inc.
  • Sonoco Products Co.
  • Steripack Group Ltd.
  • Technipaq Inc.
  • Tekni Plex Inc.
  • West Pharmaceutical Services Inc.
  • Wipak Group