Global Plastic Healthcare Packaging Market Size, Share & Trends Analysis Report By Industry, By Product Type (Bottles Packaging, Pouches, Vials, and Other Product Type), By Material, By Regional Outlook and Forecast, 2024 - 2031

Global Plastic Healthcare Packaging Market Size, Share & Trends Analysis Report By Industry, By Product Type (Bottles Packaging, Pouches, Vials, and Other Product Type), By Material, By Regional Outlook and Forecast, 2024 - 2031

The Global Plastic Healthcare Packaging Market size is expected to reach $35.32 billion by 2031, rising at a market growth of 5.0% CAGR during the forecast period.

The rising healthcare expenditure and the increasing trend toward using innovative packaging to ensure safety and convenience have driven the demand for plastic packaging in North America. The region’s strong regulatory framework and the presence of leading pharmaceutical and healthcare companies further contribute to its significant market share. Thus, in 2023, the North America region witnessed 39% revenue share in the market. The region’s dominance can be attributed to the well-established healthcare infrastructure, a high demand for pharmaceutical products, and advanced packaging solutions.

The pandemic led to a sharp increase in the demand for medical supplies, such as syringes, vaccines, and personal protective equipment (PPE), all of which required plastic packaging, boosting the market. Due to the heightened need for hygiene and infection control during COVID-19, there was a rise in the use of disposable plastic packaging for healthcare products, including medications and medical devices. Thus, the COVID-19 pandemic had a positive impact on the market.

The global rise in chronic diseases such as diabetes, hypertension, and heart disease are a key driver for the plastic healthcare packaging market. As the prevalence of these conditions continues to increase, there is a greater demand for ongoing medical treatments, including medications and therapies that require safe and efficient packaging. The healthcare industry’s ongoing expansion, driven by chronic disease treatment and management, significantly boosts demand for plastic healthcare packaging materials that effectively preserve and deliver these medical treatments.

Additionally, as patient safety becomes an increasingly critical focus within healthcare systems, there is a growing need for packaging that adheres to strict regulatory standards and ensures the safe delivery of pharmaceuticals. This growing emphasis on safety and regulatory compliance is expanding the demand for advanced plastic healthcare packaging solutions that meet evolving standards and safeguard patients and pharmaceutical companies.

However, the cost of raw materials used in plastic healthcare packaging, such as resins, additives, and petroleum-based products, has risen in recent years. This increase in raw material costs directly impacts plastic packaging's production costs, making it more expensive for manufacturers to produce packaging solutions. Thus, rising costs of raw materials for plastic healthcare packaging are hindering the market's growth.

Industry Outlook

Based on industry, the market is divided into pharmaceutical packaging and medical device packing. The medical device packing segment held 30% revenue share in the market in 2023. Medical devices, including diagnostic tools, surgical instruments, and implants, require specialized packaging solutions to maintain sterility, functionality, and safety during storage and transport.

Product Type Outlook

On the basis of product type, the market is segmented into bottles packaging, pouches, vials, and others. The bottles packaging segment recorded 38% revenue share in the market in 2023. Bottles are extensively used in the healthcare industry to package liquids such as oral medications, syrups, and supplements.

Materials Outlook

By material, the market is divided into polyethylene, polyethylene terephthalate, polypropylene, and others. In 2023, the polyethylene segment registered 38% revenue share in the market. Polyethylene is widely used in healthcare packaging due to its versatility, low cost, and excellent barrier properties. It is commonly found in bottles, pouches, and containers for pharmaceuticals, medical supplies, and personal care products.

Regional Outlook

Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Asia Pacific region generated 26% revenue share in the market in 2023. The region has grown substantially due to the increasing population, rising healthcare needs, and expanding pharmaceutical manufacturing industry.

Recent Strategies Deployed in the Market

• Nov-2024: Amcor Plc and Berry are merging in an all-stock transaction to create a global leader in consumer and healthcare packaging. The combined company will offer enhanced innovation, sustainability, and a comprehensive product portfolio, driving growth and significant shareholder value.
• Nov-2024: Gerresheimer has acquired Bormioli Pharma, enhancing its portfolio in pharmaceutical packaging with glass and plastic solutions. This acquisition strengthens Gerresheimer’s European footprint, offering a broader product range for the pharma and biotech industries, including plastic packaging solutions.
• Oct-2023: Gerresheimer has partnered with Rezemo to develop bio-based closures for glass packaging in the cosmetics, food, and pharmaceutical industries. The eco-friendly closures, made from wood fibers and biopolymers, aim to reduce environmental impact and offer sustainable alternatives to plastic packaging.
• Aug-2023: DuPont has finalized its acquisition of Spectrum Plastics Group, a leader in specialty medical devices and components. This acquisition enhances DuPont's healthcare portfolio by adding advanced manufacturing capabilities and expanding its focus on fast-growing therapeutic areas.
• Apr-2021: Technipaq, DuPont™ Tyvek®, and Freepoint Eco-Systems partnered to recycle plastic waste from healthcare packaging manufacturing. The initiative focuses on diverting waste from landfills, producing reusable products, and advancing sustainability in the medical packaging industry through circular economy principles.

List of Key Companies Profiled

• Amcor Plc
• Sonoco Products Company
• Gerresheimer AG
• Huhtamaki Oyj
• Mondi Plc
• Berry Global Group, Inc.
• DuPont de Nemours, Inc.
• Schott AG (Carl-Zeiss-Stiftung)
• 3M Company
• Avient Corporation

Global Plastic Healthcare Packaging Market Report Segmentation

By Industry

• Pharmaceutical Packaging
• Medical Device Packing

By Product Type

• Bottles Packaging
• Pouches
• Vials
• Other Product Type

By Material

• Polyethylene
• Polyethylene Terephthalate
• Polypropylene
• Other Material

By Geography

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe
• Asia Pacific
• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific
• LAMEA
• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA