UK Medical Flexible Packaging Market Size & Outlook
UK medical flexible packaging market, 2018-2030 (US$M)
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UK medical flexible packaging market highlights
- The UK medical flexible packaging market generated a revenue of USD 393.4 million in 2023 and is expected to reach USD 524.5 million by 2030.
- The UK market is expected to grow at a CAGR of 4.2% from 2024 to 2030.
- In terms of segment, plastics was the largest revenue generating material in 2023.
- Paper is the most lucrative material segment registering the fastest growth during the forecast period.
Medical flexible packaging market data book summary
| Market revenue in 2023 | USD 393.4 million |
| Market revenue in 2030 | USD 524.5 million |
| Growth rate | 4.2% (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 |
Other key industry trends
- In terms of revenue, UK accounted for 2.1% of the global medical flexible packaging market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany medical flexible packaging market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 452.7 million by 2030.
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Medical Flexible Packaging Market Scope
Medical Flexible Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK 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 74.3% in 2023. Horizon Databook has segmented the UK medical flexible packaging market based on plastics, paper, aluminum, bioplastics covering the revenue growth of each sub-segment from 2018 to 2030.
The medical flexible packaging market in the UK is being driven by growing innovation with regard to packaging forms and materials. The presence of a large number of end-use industries is contributing to the market growth in the country.
The rising emphasis on quality healthcare is expected to drive demand for packaging products as a consequence of increased demand for medical devices and pharmaceuticals. Paper is the fastest-growing material segment in the country. The development of eco-friendly processes for manufacturing paper is expected to have a positive impact on market demand.
The demand for aluminum is directly impacted by the demand for polymers as aluminum is typically used in combination with polymers for packaging. Among polymeric materials, the demand for polypropylene and polyethylene is expected to grow rapidly as the production of these products is witnessing an upsurge.
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Target buyers of UK medical flexible packaging market databook
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Our clientele includes a mix of medical flexible 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 UK medical flexible packaging market , including forecasts for subscribers. This country databook contains high-level insights into UK medical flexible packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK medical flexible packaging market size, by material, 2018-2030 (US$M)
UK Medical Flexible Packaging Market Outlook Share, 2023 & 2030 (US$M)
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