Healthcare packaging worth USD96.2bn

28 Jul 2013

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The healthcare industry is one of the largest industries in the world. Healthcare packaging is essential for protecting the medicines and medical equipment from contamination from air, medical moisture and dust. Being a vital industry, as emerging economies grow, demand for healthcare packaging will increase, further strengthening the market.

Analysts Visiongain assess that the healthcare packaging market will reach $96.2bn in 2013.

The global healthcare packaging market is constantly challenged with changing trends such as the increased use of disposable medical products, ageing population, rising cost of raw materials, transportation and energy, cost pressures on suppliers, influence of regulations, outsourcing packaging, child-resistant and tamper-evident packaging. Countries continue to invest in healthcare development, and corresponding strong demand is expected for healthcare packaging, allowing for robust market growth. Furthermore, innovations driven by consumer preferences and environmental concerns will create new and exciting opportunities in the healthcare packaging market.

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