Global Medical Flexible Packaging Market Size & Outlook

The medical flexible packaging industry worldwide is expected to reach a projected revenue of US$ 27,724.0 million by 2030. A compound annual growth rate of 5.6% is expected of the worldwide medical flexible packaging industry from 2024 to 2030.
Revenue, 2023 (US$M)
$18,991.2
Forecast, 2030 (US$M)
$27,724.0
CAGR, 2024 - 2030
5.6%
Report Coverage
Worldwide

Global medical flexible packaging market highlights

  • The global medical flexible packaging market generated a revenue of USD 18,991.2 million in 2023 and is expected to reach USD 27,724.0 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 5.6% by 2030.
  • In terms of segment, plastics accounted for a revenue of USD 14,041.2 million in 2023.
  • Paper is the most lucrative material segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2023.
  • Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 18,991.2 million
Market revenue in 2030USD 27,724.0 million
Growth rate5.6% (CAGR from 2023 to 2030)
Largest segmentPlastics
Fastest growing segmentPaper
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPlastics, Paper, Aluminum, Bioplastics

Other key industry trends

  • In terms of revenue, the North America accounted for 22.2% of the global medical flexible packaging market in 2023.
  • By country, the China is projected to lead the global market in terms of revenue in 2030.
  • By country, Germany is the fastest growing regional market and is projected to reach USD 1,135.5 million by 2030.

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Medical Flexible Packaging Market Companies

Name Profile # Employees HQ Website

Global medical flexible 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 flexible packaging market will help companies and investors design strategic landscapes.


Plastics was the largest segment with a revenue share of 73.94% in 2023. Horizon Databook has segmented the Global medical flexible packaging market based on plastics, paper, aluminum, bioplastics covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Medical Flexible Packaging Material Outlook (Revenue, USD Million, 2018-2030)
    • Plastics
      • Polyvinyl Chloride
      • Polypropylene
      • PET
      • PE
      • Others
    • Paper
    • Aluminum
    • Bioplastics
  • Global Medical Flexible Packaging Product Outlook (Revenue, USD Million, 2018-2030)
    • Seals
    • High Barrier Films
      • BOPET
      • EVA
      • Polyacrylonitrile
      • Silicon Oxide
      • Al-Oxide
      • Polyvinlylidene Cl
      • Others
    • Wraps
    • Pouches & Bags
    • Lids & Labels
    • Others
  • Global Medical Flexible Packaging End Use Outlook (Revenue, USD Million, 2018-2030)
    • Pharma Manufacturing
    • Medical Device Manuf
    • Implant Manuf
    • Contract Packaging
    • Others

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Target buyers of Global medical flexible packaging market databook

  • Our clientele includes a mix of medical flexible packaging market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • 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 global-level data and insights on the Global medical flexible packaging market , including forecasts for subscribers. This global databook contains high-level insights into Global medical flexible packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global medical flexible packaging market size, by regions, 2018-2030 (US$M)

Top 10 countries: Medical flexible packaging market size, 2023 (US$M)

Global medical flexible packaging market share, by material, 2023 & 2030 (%, US$M)

Medical flexible packaging market: Opportunity assessment by country

Global medical flexible packaging market, by region, 2023 (US$M)

Global medical flexible packaging market size, by regions, 2018-2030 (US$M)

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