Market revenue in 2023 | USD 860.8 million |
Market revenue in 2030 | USD 1,135.5 million |
Growth rate | 4% (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 74.12% in 2023. Horizon Databook has segmented the Germany medical flexible packaging market based on plastics, paper, aluminum, bioplastics covering the revenue growth of each sub-segment from 2018 to 2030.
Germany is the largest market in Europe for medical flexible packaging and accounted for more than 30% share of the European market. The growing number of medical device manufacturers, coupled with exploration of new packaging materials, is driving the medical flexible packaging market.
The robust healthcare infrastructure of the country, coupled with growing healthcare spending from the public sector, is expected to have a positive impact on market demand.Polymers are expected to remain the highest consumed materials in the manufacturing of flexible packaging products due to their high stretchability and tensile strength.
The introduction of new polymeric materials is expected to augment the demand for polymers over the forecast period. The most highly consumed plastics in flexible packaging products include polypropylene and polyethylene terephthalate. Paper is expected to be the fastest-growing segment as the demand for specialized papers is witnessing an increasing demand since the past couple of years.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany medical flexible packaging market , including forecasts for subscribers. This country databook contains high-level insights into Germany medical flexible packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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