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Sterile Packaging Market likely to surge at a vigorous 9.2% CAGR during 2022-2032

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Pratik Shah
Sterile Packaging Market likely to surge at a vigorous 9.2% CAGR during 2022-2032

The sterile packaging market is estimated to reach US$ 38.1 Billion in 2022 and is projected to reach US$ 92.1 Billion by 2032, at a CAGR of 9.2% during the forecast period of 2022 to 2032, supported by:

  • Growing demand for pharmaceutical supplies including medicinal drugs and instruments
  • Rising application in pharmaceutical & biological, surgical & medical instruments, food & beverage, and other industries.
  • Increasing need for the protection of medical devices and supplies from physical damage and contamination
  • Introduction of new innovative packaging solutions
  • Rising need for anti-viral packaging solutions
  • Expansion of healthcare sector across the globe

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Sterile Packaging Market Landscape 

  • Becton, Dickinson and Company,
  • Berry Global Inc.,
  • Amcor Plc,
  • BillerudKorsnas AB,
  • Placon Corporation Inc,
  • Wipak Group,
  • ProAmpac LLC,
  • Sonoco Products Company, and
  • West Pharmaceutical Services, Inc.

are some of the top players operating in the sterile packaging. Furthermore, SteriPack Group, Nelipak Corporation, Puracon GmbH, Oliver Healthcare Packaging, LLC, Westfield Medical Ltd, GS Medical Packaging Inc. are also noticeable players in the market. Tier-1 players will hold 15-20% of the overall sterile packaging market. 

The adaptability of plastic as the most preferred material for moulding into various shapes and high barrier products makes it suitable for a wide range of sterile packaging products. Regionally, North America is expected to dominate the global market on the back of expansion of the U.S. pharmaceutical industry.  

Key Takeaways from Sterile Packaging Market 

  • As per the product type segment, vials & ampoules are expected to hold around 21% of the market share by the end of 2032.  
  • Plastic is considered the most used material type by sterile packaging manufacturers over the forecast period.  
  • Based on end use, sales of sterile packaging used for surgical & medical end use is estimated to grow at 8.9% CAGR between 2022 and 2032. 
  • Europe and North America, collectively, are anticipated to account for approximately 50% of the total sales of sterile packaging in 2022.  
  • India is anticipated to emerge as the fastest growing sterile packaging market over the forecast period of 2022 and 2032 

 “Burgeoning demand for hygienic and antimicrobial packaging across pharmaceutical industry will propel the global sales of sterile & anti-viral packaging solutions,” says an FMI analyst. 

Prevalence of Chronic Diseases and Improved Healthcare Infrastructure to Boost Sterile Packaging Market

The sterile packaging industry is anticipated to grow due to prevalence of chronic illnesses and advancement of healthcare facilities across the glove. This is likely to propel the demand for all types of medicinal products such as trays, clamshells, bags, pouches and many more.  

The sterile packaging market is projected to gain traction backed by the adoption of technologically advanced manufacturing practices. Sterile packaging increases the shelf life of products, this results in a longer lifespan of a product. Thus, the rise in the number of people having a chronic illness and improved healthcare facilities fuels the sales of sterile packaging. 

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Sterile Packaging Market by Category

By Product Type:

  • Thermoform Trays
  • Bottles/Containers
  • Vials & ampoules
  • Caps & Closures
  • Pre-filled syringes
  • Blister & clamshells
  • IV Bags & pouches
  • Wraps
  • Others (Lids, etc.)

By Material Type:

  • Plastic Sterile Packaging
  • Glass Sterile Packaging
  • Metal Sterile Packaging
  • Paper & paperboard Sterile Packaging

By End Use:

  • Pharmaceutical & Biological
  • Surgical & Medical Instruments
  • Food & Beverage
  • Other End Use


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Pratik Shah
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