Medical Grade Paper Market Forecasts to 2028 – Global Analysis By Product (Kraft Paper and Sack Paper), Type (Coated Paper and Uncoated Paper), Application (Ethylene Oxide sterilization, Formaldehyde sterilization, Irradiation sterilization and Steam ster

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from $4,150	175 Pages	Stratistics Market Research Consulting	November, 2022	SMR17517912

Best Price Guarantee
Price	from $4,150
Length	175 Pages
Publisher	Stratistics Market Research Consulting
Published Date	November, 2022
SKU	SMR17517912

Medical Grade Paper Market Forecasts to 2028 – Global Analysis By Product (Kraft Paper and Sack Paper), Type (Coated Paper and Uncoated Paper), Application (Ethylene Oxide sterilization, Formaldehyde sterilization, Irradiation sterilization and Steam sterilization), End User and Geography

According to Stratistics MRC, the Global Medical Grade Paper Market is accounted for $4512.7 million in 2022 and is expected to reach $6329.2 million by 2028 growing at a CAGR of 5.8% during the forecast period. Medical grade paper is commonly used for medical product packaging due to its strength and well-balanced porosity, and it acts as a suitable protective material for medical equipment, offering a secure and safe barrier. High-purity cellulose fibres are used by producers of medical grade paper to make the product resistant to sterilising techniques and substances including steam, ethylene oxide, formaldehyde, and irradiation. Bandages, catheters, needles, gauges, and other medical supplies are frequently packaged in medical grade paper. It is designed to allow sterilising chemicals to penetrate and is mostly made of cellulose fibres.

According to the Congressional Budget Office's (CBO) 2021 report, the pharmaceutical industry devoted US$ 83 billion to R&D expenditures in 2019. Between 2010 and 2019, the number of new drugs approved for sale increased by 60% compared to the previous decade, reaching a high of 59 new drugs approved in 2018.

Market Dynamics:

Driver:

Increasing Consumption of Medical Supplies

The use of medical equipment has increased significantly. This can be ascribed to the rise in diagnostic and therapeutic procedures as well as the number of elderly patients visiting hospitals for routine examinations and treatments. The requirement for medical supplies including masks, gloves, syringes, needles, and gowns is thus quite high.

Restraint:

Strict regulations

Stringent regulations on manufacturing medical grade paper are hindering the market growth. The introduction of medical grade paper while adhering to stringent governmental standards has been identified as a significant factor constraining the growth of the global medical grade paper market in the approaching years.

Opportunity:

Growing demand for safe and functional packaging

The growing demand for safe and practical packaging materials for a wide range of medical items in the healthcare industry throughout the world drives the medical grade paper market. Medical-grade paper with high porosity, peel-ability, heat seal ability, and organism resistance is becoming more popular in the business. Also, acts as an efficient material for all the instruments, accessories and devices.

Threat:

Availability of alternative products

One of the main factors limiting the growth of the worldwide market for medical grade paper is the availability of substitute goods such as spun bonded olefin for medical packaging purposes. A perfect blend of microbiological penetration resistance, clean peel, rip strength, and puncture resistance may be found in spun bonded olefin.

Covid-19 Impact

The COVID-19 pandemic has had an influence on medical grade paper. The sector furthermore confronts supply chain interruptions as well as a number of other possible problems, such as financial limits and crises. Due to the COVID-19 pandemic, sterile test kits, pharmaceuticals, and medical supplies are being used more often around the world.

The kraft paper segment is expected to be the largest during the forecast period

The kraft paper segment is estimated to have a lucrative growth, as kraft paper is used to protect medical instruments against microbial infection. It is made to withstand the demanding processing conditions associated with sterilising and the application of packing converters. This paper may be sterilised using steam, ETO, or gamma radiation. It may be utilised alone or in conjunction with a stretchable transparent film. Kraft paper is typically used to package single-use items like gloves, bandages, and medical equipment including needles, syringes, and scissors.

The pharmaceutical industry segment is expected to have the highest CAGR during the forecast period

The pharmaceutical industry segment is anticipated to witness the fastest CAGR growth during the forecast period, due to the wide usage of medical grade paper in the industry. The pharmaceutical sector is one of the most important contributors to the expansion of the medical grade paper market. Kraft and sack paper are frequently utilised in the production of blisters and cardboard for the final packaging of pharmaceutical items. Medical grade papers will continue to be in demand due to the rising need for pharmaceutical products and the booming generic pharmaceutical industry.

Region with highest share:

North America is projected to hold the largest market share during the forecast period owing to the region's ageing population and industrial expansion in numerous areas. Also, increasing collaborations between government and manufacturers attributes to the growth of the market in the region. Additionally, the US dominated the North American market and is anticipated to continue to do so throughout the projected period.

Region with highest CAGR:

Asia Pacific is projected to have the highest CAGR over the forecast period, owing to the region's installation of laws governing the dependability and safety of medical devices. Furthermore, the increasing use of medical equipment in hospital settings in emerging nations has increased income possibilities. The medical grade paper market is predicted to rise in the Asia-Pacific region, particularly in India and China, since both countries are accelerating economic growth.

Key players in the market

Some of the key players profiled in the Medical Grade Paper Market include Arctic Paper SA, Amcor Plc, Anquing Tianrun Paper Packaging Co Ltd, BillerudKorsnäs AB, Bomarko, Inc., Cheever Specialty Paper and Film, Efelab, Navkar International, Canadian Kraft Paper Ltd., Pudumjee Paper Products, Sterilmedipac, Gascogne Group, Nelipak Corporation, Zellstoff Pöls AG

Key Developments:

In March 2022, BillerudKorsnäs AB announced the acquisition of Verso, which will help BillerudKorsnäs AB's strategy to drive profitable growth in paperboard and its ambition to expand in North America with the most cost-efficient and sustainable paperboard platform. Verso's strategic assets are positioned in a region with an abundant and cost-effective fiber supply suitable for producing premium packaging materials.

In January 2020, Artic Paper SA introduced Arctic Volume Ice, a new product to its Arctic Volume Range portfolio. It offers high quality and unique feel, a natural matt surface, high bulk, and a premium coated finish.

Products Covered:
• Kraft Paper
• Sack Paper

Types Covered:
• Coated Paper
• Uncoated Paper

Applications Covered:
• Ethylene Oxide sterilization
• Formaldehyde sterilization
• Irradiation sterilization
• Steam sterilization

End Users Covered:
• Diagnostic and Research Centers
• Pharmaceutical Industry
• Hospitals
• Other End Users

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

1 Executive Summary
2 Preface: 2.1 Abstract; 2.2 Stake Holders; 2.3 Research Scope; 2.4 Research Methodology; 2.4.1 Data Mining; 2.4.2 Data Analysis; 2.4.3 Data Validation; 2.4.4 Research Approach; 2.5 Research Sources; 2.5.1 Primary Research Sources; 2.5.2 Secondary Research Sources; 2.5.3 Assumptions
3 Market Trend Analysis: 3.1 Introduction; 3.2 Drivers; 3.3 Restraints; 3.4 Opportunities; 3.5 Threats; 3.6 Product Analysis; 3.7 Application Analysis; 3.8 End User Analysis; 3.9 Emerging Markets; 3.10 Impact of Covid-19
4 Porters Five Force Analysis: 4.1 Bargaining power of suppliers; 4.2 Bargaining power of buyers; 4.3 Threat of substitutes; 4.4 Threat of new entrants; 4.5 Competitive rivalry
5 Global Medical Grade Paper Market, By Product: 5.1 Introduction; 5.2 Kraft Paper; 5.3 Sack Paper
6 Global Medical Grade Paper Market, By Type: 6.1 Introduction; 6.2 Coated Paper; 6.3 Uncoated Paper
7 Global Medical Grade Paper Market, By Application: 7.1 Introduction; 7.2 Ethylene Oxide sterilization; 7.3 Formaldehyde sterilization; 7.4 Irradiation sterilization; 7.5 Steam sterilization
8 Global Medical Grade Paper Market, By End User: 8.1 Introduction; 8.2 Diagnostic and Research Centers; 8.3 Pharmaceutical Industry; 8.4 Hospitals; 8.5 Other End Users
9 Global Medical Grade Paper Market, By Geography: 9.1 Introduction; 9.2 North America; 9.2.1 US; 9.2.2 Canada; 9.2.3 Mexico; 9.3 Europe; 9.3.1 Germany; 9.3.2 UK; 9.3.3 Italy; 9.3.4 France; 9.3.5 Spain; 9.3.6 Rest of Europe; 9.4 Asia Pacific; 9.4.1 Japan; 9.4.2 China; 9.4.3 India; 9.4.4 Australia; 9.4.5 New Zealand; 9.4.6 South Korea; 9.4.7 Rest of Asia Pacific; 9.5 South America; 9.5.1 Argentina; 9.5.2 Brazil; 9.5.3 Chile; 9.5.4 Rest of South America; 9.6 Middle East & Africa; 9.6.1 Saudi Arabia; 9.6.2 UAE; 9.6.3 Qatar; 9.6.4 South Africa; 9.6.5 Rest of Middle East & Africa
10 Key Developments: 10.1 Agreements, Partnerships, Collaborations and Joint Ventures; 10.2 Acquisitions & Mergers; 10.3 New Product Launch; 10.4 Expansions; 10.5 Other Key Strategies
11 Company Profiling: 11.1 Arctic Paper SA; 11.2 Amcor Plc; 11.3 Anquing Tianrun Paper Packaging Co Ltd; 11.4 BillerudKorsnäs AB; 11.5 Bomarko, Inc.; 11.6 Cheever Specialty Paper and Film; 11.7 Efelab; 11.8 Navkar International; 11.9 Canadian Kraft Paper Ltd.; 11.10 Pudumjee Paper Products; 11.11 Sterilmedipac; 11.12 Gascogne Group; 11.11 Nelipak Corporation; 11.14 Zellstoff Pöls AG
List of Tables: Table 1 Global Medical Grade Paper Market Outlook, By Region (2020-2028) ($MN); Table 2 Global Medical Grade Paper Market Outlook, By Product (2020-2028) ($MN); Table 3 Global Medical Grade Paper Market Outlook, By Kraft Paper (2020-2028) ($MN); Table 4 Global Medical Grade Paper Market Outlook, By Sack Paper (2020-2028) ($MN); Table 5 Global Medical Grade Paper Market Outlook, By Type (2020-2028) ($MN); Table 6 Global Medical Grade Paper Market Outlook, By Coated Paper (2020-2028) ($MN); Table 7 Global Medical Grade Paper Market Outlook, By Uncoated Paper (2020-2028) ($MN); Table 8 Global Medical Grade Paper Market Outlook, By Application (2020-2028) ($MN); Table 9 Global Medical Grade Paper Market Outlook, By Ethylene Oxide sterilization (2020-2028) ($MN); Table 10 Global Medical Grade Paper Market Outlook, By Formaldehyde sterilization (2020-2028) ($MN); Table 11 Global Medical Grade Paper Market Outlook, By Irradiation sterilization (2020-2028) ($MN); Table 12 Global Medical Grade Paper Market Outlook, By Steam sterilization (2020-2028) ($MN); Table 13 Global Medical Grade Paper Market Outlook, By End User (2020-2028) ($MN); Table 14 Global Medical Grade Paper Market Outlook, By Diagnostic and Research Centers (2020-2028) ($MN); Table 15 Global Medical Grade Paper Market Outlook, By Pharmaceutical Industry (2020-2028) ($MN); Table 16 Global Medical Grade Paper Market Outlook, By Hospitals (2020-2028) ($MN); Table 17 Global Medical Grade Paper Market Outlook, By Other End Users (2020-2028) ($MN); Table 18 North America Medical Grade Paper Market Outlook, By Country (2020-2028) ($MN); Table 19 North America Medical Grade Paper Market Outlook, By Product (2020-2028) ($MN); Table 20 North America Medical Grade Paper Market Outlook, By Kraft Paper (2020-2028) ($MN); Table 21 North America Medical Grade Paper Market Outlook, By Sack Paper (2020-2028) ($MN); Table 22 North America Medical Grade Paper Market Outlook, By Type (2020-2028) ($MN); Table 23 North America Medical Grade Paper Market Outlook, By Coated Paper (2020-2028) ($MN); Table 24 North America Medical Grade Paper Market Outlook, By Uncoated Paper (2020-2028) ($MN); Table 25 North America Medical Grade Paper Market Outlook, By Application (2020-2028) ($MN); Table 26 North America Medical Grade Paper Market Outlook, By Ethylene Oxide sterilization (2020-2028) ($MN); Table 27 North America Medical Grade Paper Market Outlook, By Formaldehyde sterilization (2020-2028) ($MN); Table 28 North America Medical Grade Paper Market Outlook, By Irradiation sterilization (2020-2028) ($MN); Table 29 North America Medical Grade Paper Market Outlook, By Steam sterilization (2020-2028) ($MN); Table 30 North America Medical Grade Paper Market Outlook, By End User (2020-2028) ($MN); Table 31 North America Medical Grade Paper Market Outlook, By Diagnostic and Research Centers (2020-2028) ($MN); Table 32 North America Medical Grade Paper Market Outlook, By Pharmaceutical Industry (2020-2028) ($MN); Table 33 North America Medical Grade Paper Market Outlook, By Hospitals (2020-2028) ($MN); Table 34 North America Medical Grade Paper Market Outlook, By Other End Users (2020-2028) ($MN); Table 35 Europe Medical Grade Paper Market Outlook, By Country (2020-2028) ($MN); Table 36 Europe Medical Grade Paper Market Outlook, By Product (2020-2028) ($MN); Table 37 Europe Medical Grade Paper Market Outlook, By Kraft Paper (2020-2028) ($MN); Table 38 Europe Medical Grade Paper Market Outlook, By Sack Paper (2020-2028) ($MN); Table 39 Europe Medical Grade Paper Market Outlook, By Type (2020-2028) ($MN); Table 40 Europe Medical Grade Paper Market Outlook, By Coated Paper (2020-2028) ($MN); Table 41 Europe Medical Grade Paper Market Outlook, By Uncoated Paper (2020-2028) ($MN); Table 42 Europe Medical Grade Paper Market Outlook, By Application (2020-2028) ($MN); Table 43 Europe Medical Grade Paper Market Outlook, By Ethylene Oxide sterilization (2020-2028) ($MN); Table 44 Europe Medical Grade Paper Market Outlook, By Formaldehyde sterilization (2020-2028) ($MN); Table 45 Europe Medical Grade Paper Market Outlook, By Irradiation sterilization (2020-2028) ($MN); Table 46 Europe Medical Grade Paper Market Outlook, By Steam sterilization (2020-2028) ($MN); Table 47 Europe Medical Grade Paper Market Outlook, By End User (2020-2028) ($MN); Table 48 Europe Medical Grade Paper Market Outlook, By Diagnostic and Research Centers (2020-2028) ($MN); Table 49 Europe Medical Grade Paper Market Outlook, By Pharmaceutical Industry (2020-2028) ($MN); Table 50 Europe Medical Grade Paper Market Outlook, By Hospitals (2020-2028) ($MN); Table 51 Europe Medical Grade Paper Market Outlook, By Other End Users (2020-2028) ($MN); Table 52 Asia Pacific Medical Grade Paper Market Outlook, By Country (2020-2028) ($MN); Table 53 Asia Pacific Medical Grade Paper Market Outlook, By Product (2020-2028) ($MN); Table 54 Asia Pacific Medical Grade Paper Market Outlook, By Kraft Paper (2020-2028) ($MN); Table 55 Asia Pacific Medical Grade Paper Market Outlook, By Sack Paper (2020-2028) ($MN); Table 56 Asia Pacific Medical Grade Paper Market Outlook, By Type (2020-2028) ($MN); Table 57 Asia Pacific Medical Grade Paper Market Outlook, By Coated Paper (2020-2028) ($MN); Table 58 Asia Pacific Medical Grade Paper Market Outlook, By Uncoated Paper (2020-2028) ($MN); Table 59 Asia Pacific Medical Grade Paper Market Outlook, By Application (2020-2028) ($MN); Table 60 Asia Pacific Medical Grade Paper Market Outlook, By Ethylene Oxide sterilization (2020-2028) ($MN); Table 61 Asia Pacific Medical Grade Paper Market Outlook, By Formaldehyde sterilization (2020-2028) ($MN); Table 62 Asia Pacific Medical Grade Paper Market Outlook, By Irradiation sterilization (2020-2028) ($MN); Table 63 Asia Pacific Medical Grade Paper Market Outlook, By Steam sterilization (2020-2028) ($MN); Table 64 Asia Pacific Medical Grade Paper Market Outlook, By End User (2020-2028) ($MN); Table 65 Asia Pacific Medical Grade Paper Market Outlook, By Diagnostic and Research Centers (2020-2028) ($MN); Table 66 Asia Pacific Medical Grade Paper Market Outlook, By Pharmaceutical Industry (2020-2028) ($MN); Table 67 Asia Pacific Medical Grade Paper Market Outlook, By Hospitals (2020-2028) ($MN); Table 68 Asia Pacific Medical Grade Paper Market Outlook, By Other End Users (2020-2028) ($MN); Table 69 South America Medical Grade Paper Market Outlook, By Country (2020-2028) ($MN); Table 70 South America Medical Grade Paper Market Outlook, By Product (2020-2028) ($MN); Table 71 South America Medical Grade Paper Market Outlook, By Kraft Paper (2020-2028) ($MN); Table 72 South America Medical Grade Paper Market Outlook, By Sack Paper (2020-2028) ($MN); Table 73 South America Medical Grade Paper Market Outlook, By Type (2020-2028) ($MN); Table 74 South America Medical Grade Paper Market Outlook, By Coated Paper (2020-2028) ($MN); Table 75 South America Medical Grade Paper Market Outlook, By Uncoated Paper (2020-2028) ($MN); Table 76 South America Medical Grade Paper Market Outlook, By Application (2020-2028) ($MN); Table 77 South America Medical Grade Paper Market Outlook, By Ethylene Oxide sterilization (2020-2028) ($MN); Table 78 South America Medical Grade Paper Market Outlook, By Formaldehyde sterilization (2020-2028) ($MN); Table 79 South America Medical Grade Paper Market Outlook, By Irradiation sterilization (2020-2028) ($MN); Table 80 South America Medical Grade Paper Market Outlook, By Steam sterilization (2020-2028) ($MN); Table 81 South America Medical Grade Paper Market Outlook, By End User (2020-2028) ($MN); Table 82 South America Medical Grade Paper Market Outlook, By Diagnostic and Research Centers (2020-2028) ($MN); Table 83 South America Medical Grade Paper Market Outlook, By Pharmaceutical Industry (2020-2028) ($MN); Table 84 South America Medical Grade Paper Market Outlook, By Hospitals (2020-2028) ($MN); Table 85 South America Medical Grade Paper Market Outlook, By Other End Users (2020-2028) ($MN); Table 86 Middle East & Africa Medical Grade Paper Market Outlook, By Country (2020-2028) ($MN); Table 87 Middle East & Africa Medical Grade Paper Market Outlook, By Product (2020-2028) ($MN); Table 88 Middle East & Africa Medical Grade Paper Market Outlook, By Kraft Paper (2020-2028) ($MN); Table 89 Middle East & Africa Medical Grade Paper Market Outlook, By Sack Paper (2020-2028) ($MN); Table 90 Middle East & Africa Medical Grade Paper Market Outlook, By Type (2020-2028) ($MN); Table 91 Middle East & Africa Medical Grade Paper Market Outlook, By Coated Paper (2020-2028) ($MN); Table 92 Middle East & Africa Medical Grade Paper Market Outlook, By Uncoated Paper (2020-2028) ($MN); Table 93 Middle East & Africa Medical Grade Paper Market Outlook, By Application (2020-2028) ($MN); Table 94 Middle East & Africa Medical Grade Paper Market Outlook, By Ethylene Oxide sterilization (2020-2028) ($MN); Table 95 Middle East & Africa Medical Grade Paper Market Outlook, By Formaldehyde sterilization (2020-2028) ($MN); Table 96 Middle East & Africa Medical Grade Paper Market Outlook, By Irradiation sterilization (2020-2028) ($MN); Table 97 Middle East & Africa Medical Grade Paper Market Outlook, By Steam sterilization (2020-2028) ($MN); Table 98 Middle East & Africa Medical Grade Paper Market Outlook, By End User (2020-2028) ($MN); Table 99 Middle East & Africa Medical Grade Paper Market Outlook, By Diagnostic and Research Centers (2020-2028) ($MN); Table 100 Middle East & Africa Medical Grade Paper Market Outlook, By Pharmaceutical Industry (2020-2028) ($MN); Table 101 Middle East & Africa Medical Grade Paper Market Outlook, By Hospitals (2020-2028) ($MN); Table 102 Middle East & Africa Medical Grade Paper Market Outlook, By Other End Users (2020-2028) ($MN)