The MEA medical grade paper market is expected to grow from US$ 93.41 million in 2022 to US$ 106.42 million by 2028; it is estimated to grow at a CAGR of 2.2% from 2022 to 2028.
Sustainability particularly regulatory and public concerns around single-use packaging waste is combined with other influential trends to drive significant changes in the packaging operations. With the growing focus of regulators on sustainability, healthcare, and medical device companies, as well as retailers, are proactively making bold commitments to make their packaging operations sustainable by fundamentally revisiting these operations. However, for packaging converters, the main focus and innovation capabilities is on the new landscape which could offer significant growth and new partnership opportunities to support customers in revising their packaging portfolios. As consumer demand increases and regulatory requirements multiply, converters will have to proactively embrace sustainability issues in the future. Manufacturers are concerned about the environmental effects of their products and are capitalizing on “reduce, reuse, and recycle.” Growing energy and resin costs may make these eco-friendly steps particularly appealing. Further, maintaining a balance between more demanding production schedules, and product & package sustainability is a major challenge to the packaging industry. To overcome this hurdle, healthcare product manufacturers must implement packaging solutions that minimize the environmental impact of expanding product lines, introduce sustainability practices into new delivery systems, seek utility savings in new automation strategies, and leverage serialization. Combining pharmaceutical products with medical device delivery systems can make the final product simple and convenient, ultimately requiring less packaging. As an example, pharmaceutical and medical device manufacturers are creating implantable devices that also deliver drugs. Moreover, to ensure sustainability, manufacturers are making investments in the creation of inventive packaging solutions by using materials, such as paper, paperboard, and polymers. To preserve qualities that are essential for sterile barrier performance, along with sustainable packaging, medical packaging firms are investing in research and development operations for launching next-generation polymers. Thus, the growing focus on the aspect of sustainability is providing significant opportunities to the medical grade paper market players.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the MEA medical grade paper market . The MEA medical grade paper market is expected to grow at a good CAGR during the forecast period.
Sustainability particularly regulatory and public concerns around single-use packaging waste is combined with other influential trends to drive significant changes in the packaging operations. With the growing focus of regulators on sustainability, healthcare, and medical device companies, as well as retailers, are proactively making bold commitments to make their packaging operations sustainable by fundamentally revisiting these operations. However, for packaging converters, the main focus and innovation capabilities is on the new landscape which could offer significant growth and new partnership opportunities to support customers in revising their packaging portfolios. As consumer demand increases and regulatory requirements multiply, converters will have to proactively embrace sustainability issues in the future. Manufacturers are concerned about the environmental effects of their products and are capitalizing on “reduce, reuse, and recycle.” Growing energy and resin costs may make these eco-friendly steps particularly appealing. Further, maintaining a balance between more demanding production schedules, and product & package sustainability is a major challenge to the packaging industry. To overcome this hurdle, healthcare product manufacturers must implement packaging solutions that minimize the environmental impact of expanding product lines, introduce sustainability practices into new delivery systems, seek utility savings in new automation strategies, and leverage serialization. Combining pharmaceutical products with medical device delivery systems can make the final product simple and convenient, ultimately requiring less packaging. As an example, pharmaceutical and medical device manufacturers are creating implantable devices that also deliver drugs. Moreover, to ensure sustainability, manufacturers are making investments in the creation of inventive packaging solutions by using materials, such as paper, paperboard, and polymers. To preserve qualities that are essential for sterile barrier performance, along with sustainable packaging, medical packaging firms are investing in research and development operations for launching next-generation polymers. Thus, the growing focus on the aspect of sustainability is providing significant opportunities to the medical grade paper market players.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the MEA medical grade paper market . The MEA medical grade paper market is expected to grow at a good CAGR during the forecast period.
MEA Medical Grade Paper Market Segmentation
The MEA medical grade paper market is bifurcated based on product, application, end user and country.- Based on product, the market is segmented into kraft paper and sack paper. The kraft paper segment dominated the market in 2022 and is expected to be fastest growing during forecast period.
- Based on application, the market is segmented into steam sterilization, ethylene oxide sterilization, formaldehyde sterilization, and irradiation sterilization. The ethylene oxide sterilization segment dominated the market in 2022 and is expected to be fastest growing during forecast period.
- Based on end user, the market is segmented into hospitals, diagnostic and research centers, pharmaceutical industry, and others. The pharmaceutical industry segment dominated the market in 2022 and is expected to be fastest growing during forecast period.
- Based on country, the MEA medical grade paper market is segmented into South Africa, Saudi Arabia, UAE, and Rest of MEA.
Table of Contents
1. Introduction
3. Research Methodology
4. MEA Medical Grade Paper Market - Market Landscape
5. MEA Medical Grade Paper Market - Key Market Dynamics
6. Medical Grade Paper Market- MEA Analysis
7. MEA Medical Grade Paper Market Revenue and Forecasts To 2028- by Product
8. MEA Medical Grade Paper Market Analysis and Forecast to 2028 - by Application
9. MEA Medical Grade Paper Market Analysis and Forecast to 2028 - by End User
10. MEA Medical Grade Paper Market Revenue and Forecasts to 2028 - Country Analysis
11. MEA Medical Grade Paper Market-Industry Landscape
12. Company Profiles
13. Appendix
Companies Mentioned
- Amcor plc
- Anquing Tianrun Paper Packaging Co, Ltd.
- Arctic Paper SA
- BillerudKorsnäs AB
- Nelipak Corporation
- PMS Europe GMBH
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 101 |
| Published | September 2022 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 93.41 Million |
| Forecasted Market Value ( USD | $ 106.42 Million |
| Compound Annual Growth Rate | 2.2% |
| Regions Covered | Africa, Middle East |
| No. of Companies Mentioned | 6 |
