Market revenue in 2023 | USD 267.1 million |
Market revenue in 2030 | USD 377.4 million |
Growth rate | 5.1% (CAGR from 2023 to 2030) |
Largest segment | Plastics |
Fastest growing segment | Paper |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Plastics, Paper, Aluminum, Bioplastics |
Key market players worldwide | Amcor PLC, AptarGroup Inc, BD, Berry Global Group Inc, Winpak Ltd, Sealed Air Corp, Mondi PLC, Huhtamäki Oyj, Coveris, WestRock Co, Daetwyler Holding AG, Catalent Inc, CCL Industries Inc Registered Shs -B- Non Vtg, Gerresheimer AG ADR, Amcor |
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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 74.95% in 2023. Horizon Databook has segmented the Brazil medical flexible packaging market based on plastics, paper, aluminum, bioplastics covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil dominated the Central & South America medical flexible packaging market accounting for a volume share of 55.4%. Due to prevailing financial constraints in the economy of Brazil, the government is striving toward cost-effective management of the healthcare sector.
Various government initiatives are providing a positive scope for preventive medicines and mobile clinics which is anticipated to drive the product demand over the forecast period. The increasing population coupled with minimal regulations is attracting private companies to invest in the healthcare sector which is expected to provide a positive scope for product demand over the forecast period.
However, economic restraints such as recession and unemployment are expected to hamper market growth over the coming years. Brazil has witnessed the highest number of deaths due to diabetes in Central & South America, ranking sixth in the world.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil medical flexible packaging market , including forecasts for subscribers. This country databook contains high-level insights into Brazil medical flexible packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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