Medical Flexible Packaging Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to medical flexible packaging market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Medical Flexible Packaging Market News

in Medical Flexible Packaging Market
  • In November 2024, Nelipak, a rigid and flexible packaging manufacturer and supplier from the Netherlands announced the opening of its first flexible packaging production site in North America. The new facility intended to produce a wide range of healthcare flexible packaging products to help bolster its presence in the North American region.
  • In October 2024, Klöckner Pentaplast (kp), a top supplier of sustainable packaging solutions announced the launch of a new medical device packaging film. kpNext® MDR1 is designed to offer sustainable packaging solutions for the medical industry without compromising on performance.
  • In October 2024, Bayer, a leading healthcare giant in collaboration with pharma packaging specialist Liveo Research launched a new polyethylene terephthalate (PET) blister packaging. The innovative packaging is expected to reduce carbon footprint by 38% and is a key step in eliminating the use of polyvinyl chloride (PVC).
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Global Medical Flexible Packaging Market size was valued at USD 19.4 Billion in 2023 and is poised to grow from USD 20.49 Billion in 2024 to USD 31.68 Billion by 2032, growing at a CAGR of 5.6% during the forecast period (2025-2032).

Medical flexible packaging companies should focus on product innovation and invest in R&D to maximize their business scope. Focusing on sustainability and custom packaging development can also offer new opportunities for companies as per this global medical flexible packaging market forecast. China, Brazil, United States, Germany, and India are top countries for medical flexible packaging suppliers looking to boost revenue. 'Mondi', 'Huhtamaki Oyj', 'Coveris', 'BD (Becton, Dickinson and Company)', 'Bemis Company Inc.', 'WestRock Company', 'Datwyler Holding Inc.', 'Amcor plc', 'Catalent Inc.', 'WINPAK LTD.', 'Sealed Air', 'Berry Global Inc.', 'Gerresheimer', 'AptarGroup Inc.', 'CCL Industries Inc.'

Emphasis on infection control and cost-efficiency has led to high demand for single-use medical devices, like catheters, syringes, and diagnostic kits. Flexible packaging offers an ideal solution with customizable formats and easy sterilization capabilities. With hospitals under pressure to reduce cross-contamination and turnaround times, single-use items packaged in flexible formats meet hygiene and logistics requirements.

Emphasis on Sustainability: Medical flexible packaging providers should focus on targeting the sustainability trend to maximize their business scope. Manufacturers are developing recyclable multilayer films, compostable pouches, and mono-material laminates that meet medical-grade standards. Hospitals and regulators in Europe and North America are mandating eco-friendly alternatives to traditional plastic packaging. Hence, sustainability will emerge as a key medical flexible packaging market trend in the long run.

Why is Asia Pacific at the Helm of Global Medical flexible packaging Demand?

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Global Medical Flexible Packaging Market
Medical Flexible Packaging Market

Report ID: SQMIG15H2095

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