Folding Carton in Healthcare Market - Global Growth, Trends, and Forecasts to 2025: Digital Printing will Hold the Largest Market Share - ResearchAndMarkets.com

The "Folding Carton in Healthcare Market - Growth, Trends, and Forecasts (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.

The Folding carton market for the Healthcare market is expected to register a CAGR of 4.12% during this forecast period.

Moreover, this Healthcare segment is defined by regulatory requirements for quality, flexibility in the packaging of various drug products, and client requirements aligned to these products. However, the major vendors in this market also provide customized folded carton packaging solutions for its customers.

Additionally, in 2019 Unipak, Inc offered a digitally printed folding carton solution for MediNatura, a leader in homeopathic pain relief. Unipak provided an eye-catching folded carton solutions which were highlighted with a spot UV and matte varnish.

The demand for environmentally sustainable and recyclable packaging solutions for medicines and associated products is also influencing the growth of Folded Carton packaging for this market. According to the United States Environmental Protection Agency, 80 million tons of packaging wastes are generated from the United States each year.

Moreover, the introduction of advanced technology such as RFID, NFC is used in different packaging solutions to reduce the issues of counterfeiting and non-adherence in various pharmaceutical companies. Most of the drug manufacturers are using this technology to reduce medical errors and to improve the safety of their products during transportation.

However, the rapidly changing price of raw material and changes in the foreign currency exchange rate can negatively impact the net demand of this product. Most of the raw materials of these products are derived from crude oil, which is primarily utilized during any manufacturing process. Furthermore, the regular fluctuations in wood pulp prices can also create a significant market restraint for this company.

Key Market Trends

Digital Printing will hold the Largest Market Share

The printed Folded Carton packaging is multiplying because it can enhance the visibility of the products and can also increase the buyer's attention in any product. Moreover, the growing awareness of personalized packaging is also supporting the growth of this market. For instance, Netpak started to provide digitally printed Folded Carton solutions, which can offer higher durability and safety for the pharma products.

Asia Pacific is the Fastest Growing Region for this Market

The Pharmaceutical industry in this region is overgrowing due to the aging population and the impending expiry of patented drugs. According to the OECD data, the older adults of China and Australia are 11.2% and 15.6%, respectively. Moreover, the increasing urbanization rate in China, India, and Japan is influencing the growth of this market.

Competitive Landscape

The Folded Carton for the Healthcare market is highly competitive. Hence the market concentration for this market is low. The major vendors in this market are investing a vast amount of money in their production capacity to meet the demand of their customers. Some of the major players for this market are DS Smith, Edelmann Group, CCL Industries, Multi Packaging Solutions (WestRock) , etc.

Key Topics Covered:

1 INTRODUCTION

1.1 Study Assumptions and Market Definition

1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Market Overview

4.2 Market Drivers

4.2.1 Stringent regulations related to discerning key product related information in the field of medical devices

4.2.2 Growing emphasis of monitoring & assisting patient medication

4.2.3 Focus on traceability & anti-counterfeiting in the healthcare sector

4.2.4 Product & Material-based innovations driven by major packaging manufacturers to drive demand

4.3 Market Challenges

4.4 Market Opportunities

4.5 Key material properties of Folding carton-based secondary packaging materials

4.6 Analysis of the impact of COVID-19 on the Folding Carton in Healthcare industry

5 KEY PRODUCT INNOVATION INFOLDING CARTON INDUSTRY

6 MAJOR INNOVATIONS IN LEAFLET & INSERT PACKAGING FOR HEALTHCARE

7 MARKET SEGMENTATION

7.1 Product Type

7.1.1 Blisters

7.1.2 Vials & Ampoules

7.1.3 Injectables

7.1.4 Other Product Types (Medical Devices, etc)

7.2 Labelling

7.2.1 Labelling Type

7.2.1.1 Pressure Sensitive

7.2.1.2 In-Mold

7.2.1.3 Shrink-Sleeve

7.2.1.4 Glue-Applied

7.2.1.5 Others (Custom Die-cut, etc.)

7.2.2 Advancements in the Labelling Industry (to include coverage on the growing adoption of digital printing & Flexography Printing)

7.2.3 Key regulations on Medical Device Labelling (FDA, IMRDF, etc.)

7.2.4 Key specific manufacturers in Labelling

7.2.4.1 WS Packaging

7.2.4.2 Schreiner Group

7.2.4.3 Faubel & Co

7.2.4.4 OPM Group

7.3 Geography

8 COMPETITIVE LANDSCAPE-KEY VENDOR PROFILES

8.1 DS Smith

8.2 Edelmann Group

8.3 CCL Industries

8.4 Multi Packaging Solutions (WestRock)

8.5 Essentra PLC Keystone Folding Box Company

8.6 Stora Enso Group

8.7 Jones Healthcare Group

8.8 Unipak Inc

8.9 August Faller GmbH & co KG

8.10 AR Packaging

8.11 Big Valley Packaging

8.12 Nosco, Inc

8.13 LGR Packaging

9 INVESTMENT ANALYSIS & MARKET OUTLOOK

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