Germany Medical Device Packaging Market Size & Outlook
Germany medical device packaging market, 2017-2028 (US$M)
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Germany medical device packaging market highlights
- The Germany medical device packaging market generated a revenue of USD 2,663.3 million in 2020 and is expected to reach USD 3,933.6 million by 2028.
- The Germany market is expected to grow at a CAGR of 5% 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.
Medical device packaging market data book summary
| Market revenue in 2020 | USD 2,663.3 million |
| Market revenue in 2028 | USD 3,933.6 million |
| Growth rate | 5% (CAGR from 2020 to 2028) |
| Largest segment | Plastic |
| Fastest growing segment | Metal |
| Historical data | 2017 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Plastic, Paper & Paperboard, Metal |
| Key market players worldwide | Amcor 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, Germany accounted for 12.0% of the global medical device packaging market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Europe, Germany medical device packaging market is projected to lead the regional market in terms of revenue in 2028.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 634.3 million by 2028.
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Medical Device Packaging Market Scope
Medical Device Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany 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 63.79% in 2020. Horizon Databook has segmented the Germany medical device packaging market based on plastic, paper & paperboard, metal covering the revenue growth of each sub-segment from 2017 to 2028.
Germany has a long history of manufacturing high-class medical devices with a specific focus on dental products and diagnostic imaging devices. It is leading the European medical device market and holds the largest chunk of market share in Europe.
The country follows strict regulations and guidelines regarding the manufacturing, packaging, and labeling of medical devices. Thus, the packaging manufacturing companies in the region continuously focus on the development of innovative packaging solutions.
Germany has few large-scale producers of medical devices; however, a major share of the market is characterized by small and mid-sized manufacturers, creating lucrative opportunities for the local players.
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Target buyers of Germany medical device packaging market databook
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Our clientele includes a mix of medical device packaging market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany medical device packaging market , including forecasts for subscribers. This country databook contains high-level insights into Germany medical device packaging market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Germany medical device packaging market size, by material, 2017-2028 (US$M)
Germany Medical Device Packaging Market Outlook Share, 2020 & 2028 (US$M)
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