Key Players in Medical Packaging Films Market Drives the Growth till US$ 7.1 Billion by 2023

In terms of value, the Asia Pacific medical packaging market is projected to grow at the highest CAGR from 2018 to 2023. The growth of the market in this region is attributed to the population growth in various countries of the Asia Pacific, which has resulted in a large customer base for medical products and medical packaging solutions.

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The medical packaging films market comprises major manufacturers such as Amcor (Australia), Berry Global Group (US), DuPont (US), Weigao Group (China), PolyCine (Germany), Covestro AG (Germany), Glenroy (US) and 3M Company (US), Wipak Group, and Renolit SE (Germany).

The study also includes an in-depth competitive analysis of key players in the market, along with their company profiles, key observations related to their products and business offerings, recent developments undertaken by them, and key growth strategies adopted by them to enhance their position in the medical packaging films market.

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“Increased demand for medical packaging solutions in the medical packaging industry is projected to drive the overall growth of the medical packaging films market across the globe from 2018 to 2023.” In terms of volume, the thermo formable film segment is projected to grow at the highest CAGR during the forecast period.

In terms of both, value and volume, the polyethylene segment is projected to lead the medical packaging films market from 2018 to 2023. In terms of value, the Asia Pacific medical packaging films market is projected to grow at the highest CAGR during the forecast period.