Transparency Market Research delivers key insights on the medical packaging films market in its published report, titled “Global Medical Packaging Films Market: Industry Analysis and Opportunity Assessment, 2018–2026”. In terms of revenue, the global medical packaging films market is estimated to expand at a CAGR of 5.9% during the forecast period, owing to numerous factors, about which TMR offers thorough insights and forecasts in this report.
Medical packaging films are flexible films used for the packaging of pharmaceuticals and medical devices. Medical packaging films are used to manufacture medical packaging items such as blood bags & pouches, blister packs, tray lids, sachets, medical labels, and tags. Flexible medical packaging films are primarily used because of their low cost and high barrier properties against moisture and gas. Their ability to seal heat, prevent leakages, and be easily laminated to paper, aluminum, and other plastics makes them popular. Medical packaging films are made up of materials such as polyethylene, polystyrene, polyamide, PVC, aluminum, and oxides. Medical packaging films include high barrier films, co-extruded films, and formable films.
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The high barrier medical packaging films segment is expected to witness a rapid growth as compared to the other segments. High barrier films include metalized and coated medical packaging films . Medical packaging films can be coated with polymer or aluminum and produced as multi-layer laminates or co-extrusions. Medical packaging films are coated with aluminum or oxides to improve their barrier properties. Metalized medical packaging films are less expensive and more flexible than foil laminates which have the same barrier property. Medical packaging films pouches are widely used across the globe for single-use disposable items such as gloves, catheters, tubing, bandages, dressings, and syringes. Medical packaging films tend to provide less physical protection than rigid ones but are preferred choice for the manufacturers of high volume low-cost devices. Pouch and tray lid medical packaging films mainly consist of Tyvek, foil, and few polymer variations. The demand for barriers against moisture, gas, water, etc. is expected to drive the market for the high barrier medical packaging films market.
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Key players considered in the report on medical packaging films include 3M Company, Winpak Ltd, Bemis Company, Inc., Dunmore Corporation, Berry Global Group, Inc., Honeywell International, Toray Plastics (America), Inc., Klöckner Pentaplast Europe GmbH & Co. KG, Glenroy Inc., and Renolit Group.