Asia Pacific Medical Device Packaging Market Size & Outlook

The medical device packaging market in Asia Pacific is expected to reach a projected revenue of US$ 15,319.1 million by 2028. A compound annual growth rate of 7.9% is expected of Asia Pacific medical device packaging market from 2021 to 2028.
Revenue, 2020 (US$M)
$8,308.0
Forecast, 2028 (US$M)
$15,319.1
CAGR, 2021 - 2028
7.9%
Report Coverage
Asia Pacific

Asia Pacific medical device packaging market highlights

  • The Asia Pacific medical device packaging market generated a revenue of USD 8,308.0 million in 2020.
  • The market is expected to grow at a CAGR of 7.9% from 2021 to 2028.
  • In terms of segment, plastic was the largest revenue generating material in 2020.
  • Metal is the most lucrative material segment registering the fastest growth during the forecast period.
  • Country-wise, India is expected to register the highest CAGR from 2021 to 2028.


Asia Pacific data book summary

Market revenue in 2020USD 8,308.0 million
Market revenue in 2028USD 15,319.1 million
Growth rate7.9% (CAGR from 2020 to 2028)
Largest segmentPlastic
Fastest growing segmentMetal
Historical data covered2017 - 2019
Base year for estimation2020
Forecast period covered2021 - 2028
Quantitative unitsRevenue in USD million
Market segmentationPlastic, Paper & Paperboard, Metal
Key market players worldwideAmcor PLC, Sonoco Products Co, Mondi PLC, CCL Industries Inc Registered Shs -B- Non Vtg, Constantia Flexibles, WestRock Co, Berry Global Group Inc, Glenroy, Inc., SteriPack Contract Manufacturing


Other key industry trends

  • In terms of revenue, Asia Pacific region accounted for 37.5% of the global medical device packaging market in 2020.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2028.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 15,319.1 million by 2028.

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Medical Device Packaging Market Companies

Name Profile # Employees HQ Website

Asia Pacific medical device packaging market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to medical device packaging market will help companies and investors design strategic landscapes.


Plastic was the largest segment with a revenue share of 66.19% in 2020. Horizon Databook has segmented the Asia Pacific medical device packaging market based on plastic, paper & paperboard, metal covering the revenue growth of each sub-segment from 2017 to 2028.


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Target buyers of Asia Pacific medical device packaging market databook

  • Our clientele includes a mix of medical device packaging market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific medical device packaging market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific medical device packaging market from 2017 to 2028, including revenue numbers, major trends, and company profiles.

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Asia Pacific medical device packaging market size, by country, 2017-2028 (US$M)

Asia Pacific Medical Device Packaging Market Outlook Share, 2020 & 2028 (US$M)

Asia Pacific medical device packaging market size, by country, 2017-2028 (US$M)

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