Italy Medical Device Packaging Market Size & Outlook
Italy medical device packaging market, 2017-2028 (US$M)
Related Markets
Italy medical device packaging market highlights
- The Italy medical device packaging market generated a revenue of USD 1,077.4 million in 2020 and is expected to reach USD 1,621.4 million by 2028.
- The Italy market is expected to grow at a CAGR of 5.2% 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 1,077.4 million |
| Market revenue in 2028 | USD 1,621.4 million |
| Growth rate | 5.2% (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, Italy accounted for 4.9% 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 |
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Italy 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 63.76% in 2020. Horizon Databook has segmented the Italy medical device packaging market based on plastic, paper & paperboard, metal covering the revenue growth of each sub-segment from 2017 to 2028.
Italy is a mature market for medical devices and its relatively high per capita income, coupled with an organized healthcare system, is driving the demand for high-quality and innovative medical devices.
These factors are also impacting the growth of the medical device packaging market in the county. Italy ranked high in medical device manufacturing in Europe as of 2020. The production cluster in the country is heterogeneous, which comprises small and mid-sized players in the market.
Italy has a strong product portfolio in cardiology equipment and devices, implants, diagnostic imaging device, and dialysis equipment. This broad portfolio of products is creating lucrative opportunities for the key players present in the Italian medical device packaging market.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Italy medical device packaging market , including forecasts for subscribers. This country databook contains high-level insights into Italy medical device packaging market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Italy medical device packaging market size, by material, 2017-2028 (US$M)
Italy Medical Device Packaging Market Outlook Share, 2020 & 2028 (US$M)
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