The US healthcare packaging market is anticipated to showcase a CAGR of 5.1% during the forecast period. The continuous regulatory reforms that are intended to increase healthcare access, for instance, the Patient Protection and Affordable Care Act of 2010, is anticipated to significantly drive the growth of the US healthcare packaging market. In addition to this, the increasing burden of chronic diseases coupled with the growing consumer spending power will also foster the growth of the US healthcare packaging market during the forecast period.

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The US healthcare packaging market is segmented based on end-use vertical and material types. Based on the end-use vertical, the market is bifurcated into pharmaceutical packaging and medical device packaging. Pharmaceutical packaging is further divided into primary packaging such as bottles and blisters; and secondary packaging such as containers. Moreover, medical device packaging includes the analysis of bags & pouches, trays, boxes, and others. Based on the material type, the market is sub-segmented into the polymer, paper & paperboard, and Others. The plastic & polymer segment is estimated to contribute a prominent share to the market.

Further, the study of the report covers the analysis of various players operating in the pharmaceutical packaging landscape as well as the medical device packaging landscape. Some of the major players covered in the report include AptarGroup Inc., 3M Co., Oliver Products Co., Packaging Technology Group, Inc., Berry Global Inc., CCL Industries Corp., Sonoco Products Corp., WestRock Co., and others. These players are contributing to the market growth by adopting various strategies to strengthen their foothold in the market.

For instance, in January 2020, Packaging Technology Group, Inc., a thermal packaging solutions provider for the biopharmaceutical and life sciences sector, announced a new location in Louisville, Kentucky.  The new manufacturing facility will allow the company to add capacity, expand its product portfolio, and create at least 40 new jobs in the Louisville area.

Research Methodology

The market study of the US healthcare packaging market is incorporated by extensive primary and secondary research conducted by the research team at OMR.  Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report is intended for packaging companies, raw material suppliers, medical device companies, pharmaceutical companies, medical device safety agencies, drug manufacturers, government organizations, regulatory bodies, and other market participants for overall market analysis and competitive analysis. The report provides an in-depth analysis of market size, products offered by the companies, and future market opportunities. The report will serve as a source for a 360-degree analysis of the market thoroughly delivering insights into the market for making better business decisions.

Market Segmentation

1. US Healthcare Packaging Market Research and Analysis by End-Use Vertical
2. US Healthcare Packaging Market Research and Analysis by Material Type

The Report Covers

• Comprehensive research methodology of the US healthcare packaging market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the US healthcare packaging market.
• Insights about market determinants which are stimulating the US healthcare packaging market.
• Detailed and extensive market segments with the regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.