The European healthcare packaging market is anticipated to grow at a CAGR of 5.7% during the forecast period (2020-2026). The market is mainly driven by the increasing demand for cost-effective and disposable healthcare products. Additionally, the increasing investment for the development of innovative and easy-to-use healthcare packaging products is also anticipated to expand the European healthcare packaging market size. Additionally, the presence of medical packaging legislation in Europe which ensures the safe and sustainable packaging in the healthcare sector is also driving the growth of the healthcare packaging industry during the forecast period.
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Moreover, the changing lifestyle across the region coupled with the increasing cases of chronic disease across the region is considerably fuelling the growth of the region’s pharmaceutical industry. This growth in the region’s pharmaceutical industry shares will directly impact the growth of the European healthcare packaging market. Furthermore, the increasing healthcare expenditure by both public and private means is also significantly high across the Member States of the European Union (EU). For instance, in 2017, the healthcare expenditure in France and Germany was equivalent to 11.3% of GDP. Therefore, increased healthcare spending will also drive the growth of the European healthcare packaging market.
Market Coverage
o By End-Use Vertical
o By Material Type
o UK
o Germany
o Italy
o France
o Spain
o Rest of Europe
Key Questions Addressed by the Report
o Recovery Timeline
o Deviation from the pre-COVID forecast
o Most affected region/segment
Europe Healthcare Packaging Market Report Segment
By End-Use Vertical
By Material Type
Global Healthcare Packaging Market- Segment by Region
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