The Asia-Pacific Medical Devices Packaging Market size is estimated at USD 13.24 billion in 2024, and is expected to reach USD 18.45 billion by 2029, growing at a CAGR of 6.86% during the forecast period (2024-2029).
The growing demand for medical devices due to increased healthcare expenditure in the public and private sectors and the stricter regulations are driving the Asia-Pacific medical devices packaging market.
The Asia-Pacific medical devices packaging market is fragmented, with a large number of players manufacturing varieties of packaging products for medical devices across the region. At the same time, the industry is witnessing mergers and acquisitions/consolidation of packaging players due to pressure on companies to reduce prices. Some of the major players operating in the region include Amcor PLC, Bemis Manufacturing Company, Berry Global Inc., and Mitsubishi Chemical Holdings.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook