Spain Medical Device Packaging Market Size & Outlook
Spain medical device packaging market, 2017-2028 (US$M)
Related Markets
Spain medical device packaging market highlights
- The Spain medical device packaging market generated a revenue of USD 393.5 million in 2020 and is expected to reach USD 634.3 million by 2028.
- The Spain market is expected to grow at a CAGR of 6.1% 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 393.5 million |
| Market revenue in 2028 | USD 634.3 million |
| Growth rate | 6.1% (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, Spain accounted for 1.8% 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 |
|---|
Spain 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 65.84% in 2020. Horizon Databook has segmented the Spain medical device packaging market based on plastic, paper & paperboard, metal covering the revenue growth of each sub-segment from 2017 to 2028.
The medical device market in Spain has witnessed rapid growth in recent years, following the technological trends in healthcare sector that strive to improve the overall well-being of humans.
Although Spain is not usually the center of innovation and rather has an adopter profile, it is gradually incorporating innovation in the medical device sector and having an increasing emphasis on production of such devices.
The medical device market traditionally had a good performance in the production of cardiology, neurosurgery & pain treatment, implants, dental, single-use items, and technology systems.
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Target buyers of Spain 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 Spain medical device packaging market , including forecasts for subscribers. This country databook contains high-level insights into Spain medical device packaging market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Spain medical device packaging market size, by material, 2017-2028 (US$M)
Spain Medical Device Packaging Market Outlook Share, 2020 & 2028 (US$M)
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