North America Healthcare Packaging Market Analysis 2022-2026: US will Dominate Market Growth

The healthcare packaging market share in North America is expected to grow by USD 10.23 billion, accelerating at a CAGR of 5.52% during the forecast period. Technavio's research report offers growth projections of all the market segments, along with an in-depth analysis of all the factors that are likely to boost growth. This research also delves deep into issues that are likely to challenge market growth. This detailed analysis of the market will facilitate marketers in planning a strategy for the growth of their business. Unlock Free Sample Analysis Report

Healthcare Packaging Market in North America: Market Segments and Growth Forecasts

The healthcare packaging market report in North America will provide insights into the current market share of each segment along with growth projections for the next five years.

• The healthcare packaging market in North America is segmented by Product (Bottles, Blisters, Vials, Pouches, and Others) and Geography (US, Canada, and Mexico).
• The healthcare packaging market share in North America by the bottles segment will be significant during the forecast period. Bottles are the most commonly used format for healthcare packaging.
• The rising aging population will facilitate the healthcare packaging market growth in the US over the forecast period.
• 72% of the market's growth will originate from the US. The US is the key market for healthcare packaging market in North America. 
• The report provides an accurate prediction of the contribution of all the geographic segments to the growth of the healthcare packaging market size in North America.

Healthcare Packaging Market in North America: Trends, Drivers, Challenges

The report also offers a detailed impact analysis of various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will equip clients to design a growth strategy for their business and area of operations.

• Increased demand for parenteral containers will be a significant factor in driving the growth of the Healthcare Packaging Market in North America.
• High demand for healthcare packaging in emerging economies will be instrumental in driving the market growth during the forecast period.
• Smart healthcare packaging is the major healthcare packaging market trend in North America which will positively influence the market growth.
• The inefficient product labeling process is a hurdle that needs to be crossed on the path to success.

Healthcare Packaging Market in North America: Vendor Analysis

The market is fragmented due to the presence of several players. Some of the major healthcare packaging market vendors in North America are:

• 3M Co.
• Amcor Plc
• Baxter International Inc.
• Becton Dickinson and Co.
• Berry Global Inc.
• DS Smith Plc
• DuPont de Nemours Inc.
• Gerresheimer AG
• Sonoco Products Co.
• Wihuri International Oy

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The report provides insights into the following FAQs:

1. What is the market CAGR?
   The market is accelerating at a CAGR of 5.52%.
    
2. What is the incremental growth of the market?
   The market is expected to grow by USD 10.23 billion.
    
3. What is a key factor driving this market?
   Increased demand for parenteral containers will drive market growth over the forecast period.
    
4. What are the key regions covered in this market research report?
   The US, Canada, and Mexico are the key regions featured in this research report.
    
5. Which is the leading geographic region for this market?
   72% growth will originate from the US.
    
6. Who are the leading market vendors?
   The leading vendors in this market are 3M Co., Amcor Plc, Baxter International Inc., Becton Dickinson and Co., Berry Global Inc., DS Smith Plc, DuPont de Nemours Inc., Gerresheimer AG, Sonoco Products Co., and Wihuri International Oy
    
7. What are the market segments covered in this report?
   The market is segmented by Product (Bottles, Blisters, Vials, Pouches, and Others) and Geography (US, Canada, and Mexico).