The Asia-Pacific healthcare packaging market is anticipated to grow at a CAGR of 7.2% during the forecast period (2020-2026). The regional growth of the healthcare packaging industry is attributed to the continuously expanding capabilities of the healthcare sector in the Asia-Pacific. The growing healthcare industry of the region is also serving the medical devices and pharmaceutical packaging market growth.
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Moreover, access to healthcare services is improving significantly in the Asia-Pacific region owing to the increasing disposable income among the middle-class population. This, in turn, is anticipated to significantly drive the growth of the Asia-Pacific healthcare packaging market during the forecast period. Furthermore, the development of tighter and more stringent healthcare regulations is considerably driving the requirements for improved patient safety, authentic medical device consumption, and thus more reliable supply chain partners.
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This is expected to significantly impact the Asia-Pacific healthcare packaging industry size. Moreover, improving R&D activities in the healthcare packaging industry for the more time-tested material science and designs will also increase the shares of the Asia-Pacific healthcare packaging market. In addition to this, the expansion of global healthcare packaging companies in the Asia-Pacific region owing to the easy availability of raw material and low labor wages will also drive the growth of the market during the forecast period.
Market Coverage
Market numbers available for – 2019-2026
Base year- 2019
Forecast period- 2020-2026
Segment Covered-
o By End-Use Vertical
o By Material Type
Regions Covered-
o China
o India
o Japan
o Rest of Asia-Pacific
Competitive Landscape-Amcor Plc, Clariant AG, Airnov Healthcare Packaging, Schott Kaisha Pvt. Ltd., RUPS, SGD S.A., Uflex Ltd., and others
Key questions addressed by the report
What is the market growth rate?
Which segment/region dominates the market in the base year?
Which segment/region will project the fastest growth in the market?
How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from the pre-COVID forecast
o Most affected region/segment
Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?
Asia-Pacific Healthcare Packaging Market Report Segment
By End-Use Vertical
Pharmaceutical
Medical Devices
By Material Type
Polymer
Paper & Paperboard
Others (Glass and Metals)
Asia-Pacific Healthcare Packaging Market Report Segment by Country
China
Japan
India
Rest of Asia-Pacific
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