UAE Plastic Healthcare Packaging Market Market Report 2023 to 2030

UAE Plastic Healthcare Packaging Market Analysis

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UAE Plastic Healthcare Packaging Market is projected to grow from $xx Mn in 2023 to $xx Mn by 2030, registering a CAGR of xx% during the forecast period of 2023 - 2030. The market for Plastic Healthcare Packaging is expanding as a result of rising prevalence of chronic diseases and deployment of AI technology. This is fueling the demand for innovative and diverse packaging solutions to meet the consumers need. Some of the key players in the global Plastic Healthcare Packaging Market include Tekni-Plex, United Drug, Vetter Pharma International, Sealed Air Corporation, Beacon Converters, Inc., Aphena Pharma Solutions, Constantia, Catalent Inc., Bilcare Limited, Gerresheimer AG, and Alexander (James) Corporation.

ID: IN10AEHS087 CATEGORY: Healthcare Services GEOGRAPHY: UAE AUTHOR: Dr. Nensi Savani

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UAE Plastic Healthcare Packaging Market Executive Summary

UAE Plastic Healthcare Packaging Market is valued at around $117.5 Bn in 2022 and is projected to reach $187.3 Bn by 2030, exhibiting a CAGR of 6% during the forecast period 2023-2030.

The need for high-quality packaging solutions is rising quickly with the growth of the healthcare sector. Plastic production has quadrupled in the past 30 years. In 2022, the global healthcare industry estimated the use of 15 Mn tonnes of plastic. Manufacturers increasingly prefer plastic healthcare packaging because of its durability, affordability, and versatility. The rising demand for pharmaceuticals and medical supplies has boosted the market for plastic healthcare packaging.

To fulfill the various needs of consumers, manufacturers are focusing on creating innovative packaging solutions. They are experimenting with different forms, colors, and patterns to draw customers and increase product visibility. Consumers are attracted to packaging options offering advanced features like tamper-evident seals and child-resistant latches.

Pharmaceutical and biotechnology firms Tekni-Plex, United Drug, Vetter Pharma International, Sealed Air Corporation, Beacon Converters, Inc., Aphena Pharma Solutions, Constantia, Catalent Inc., Bilcare Limited, Gerresheimer AG, and Alexander (James) Corporation, are some of the major players in the Plastic Healthcare Packaging Market.

As the world's population ages, there is a rising need for pharmaceuticals and other healthcare products, which is driving up the demand for child-resistant packaging. This is particularly crucial for effects like medicines and medical equipment that put kids at risk. Manufacturers of plastic healthcare packaging are investing in innovative technologies to provide child-resistant packaging that is secure, long-lasting, and simple to use.

The shift towards environmentally friendly packaging options is one of the key trends in the plastic healthcare packaging market. Consumers are searching for sustainable and environmentally friendly alternatives as they become more conscious of the adverse effects that plastic packaging has on the environment. Many players in the market are investing in research & development to develop eco-friendly packaging solutions in order to meet this demand. In the years to come, this is anticipated to create growth opportunities for the Plastic Healthcare Packaging market.

Market Dynamics

Drivers of UAE Plastic Healthcare Packaging Market

Growing Incidence of Chronic Diseases: The market for Plastic Healthcare Packaging is driven by the rise in chronic devices as it results in increased demand for medical devices and pharmaceuticals.

Deployment of AI Technology: Due to faster manufacturing processes and less downtime, the trend of using artificial intelligence technology in medication development procedures is increasing demand for products in the Plastic Healthcare Packaging market.

Increased Use of High-Quality Plastic Products: The demand for Plastic Healthcare Packaging is growing with the increased demand for plastic products in healthcare packaging like blister packs and waste disposable packs.

Restraints of UAE Plastic Healthcare Packaging Market

Need for Specialized Materials and Designs: To accommodate specific requirements for different healthcare products, to meet strict regulatory norms, and to ensure safe and effective packaging, a high level of expertise and investment is required which can hinder the market growth for Plastic Healthcare Packaging.

Notable Deals

In 2022, SGD SA Pharma announced the launch of Type I 100mL Ready-To-Use (RTU) molded glass vials for aseptic filling and finishing of parenteral medicines which enabled the companies to accelerate time-to-market for high-quality parenteral medicines with high-volume.

In 2022, Gerresheimer AG expanded India’s glass and plastic production capacity. Gerresheimer will secure continuous supply to critical pharmaceutical and healthcare facilities and support the increasing demand for packaging and public health by expanding production capacity in India.

Key players

Flex Middle East FZE INDEVCO Group Kl?ckner Pentaplast Group Al Ghurair Group Al Jabri Plastic Factory Petropack Emirates Technopack LLC Al Sharq Plastics LLC Dana Plastic Manufacturing LLC Al Bayader International

1. Executive Summary
1.1 Service Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Healthcare Services Market in Country
1.6 Recent Developments in the Country

2. Market Size and Forecasting
2.1 Market Size (With Excel and Methodology)
2.2 Market Segmentation (Check all Segments in Segmentation Section)

3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints

4. Competitive Landscape
4.1 Major Market Share

4.2 Key Company Profile (Check all Companies in the Summary Section)

4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)

5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Services
5.3 Reimbursement Process for Treatment

6. Methodology and Scope

Market Segmentations For UAE Plastic Healthcare Packaging Market

By Product

Vials & Ampoules
Blisters
Bottles
Bags, Pouches, Sachets
Prefilled Inhalers, Syringes, Cartridges
Containers & Jars
Caps & Closures
Trays
Medication Tubes

By Material

Polyethylene
Polyvinyl Chloride
Polystyrene
Polypropylene
Polyethylene Terephthalate
Others

By Drug Delivery

Pulmonary
Oral Drugs
Transdermal
Injectable
Nasal
Topical
Ocular
Intravenous Drugs

By Packaging

Primary Packaging
Secondary Packaging

By End-user

Medical Device Companies
Pharmaceutical Companies

Methodology for Database Creation

Our database offers a comprehensive list of healthcare centers, meticulously curated to provide detailed information on a wide range of specialties and services. It includes top-tier hospitals, clinics, and diagnostic facilities across 30 countries and 24 specialties, ensuring users can find the healthcare services they need.

Additionally, we provide a comprehensive list of Key Opinion Leaders (KOLs) based on your requirements. Our curated list captures various crucial aspects of the KOLs, offering more than just general information. Whether you're looking to boost brand awareness, drive engagement, or launch a new product, our extensive list of KOLs ensures you have the right experts by your side. Covering 30 countries and 36 specialties, our database guarantees access to the best KOLs in the healthcare industry, supporting strategic decisions and enhancing your initiatives.

How Do We Get It?

Our database is created and maintained through a combination of secondary and primary research methodologies.

1. Secondary Research

With many years of experience in the healthcare field, we have our own rich proprietary data from various past projects. This historical data serves as the foundation for our database. Our continuous process of gathering data involves:

Analyzing historical proprietary data collected from multiple projects.
Regularly updating our existing data sets with new findings and trends.
Ensuring data consistency and accuracy through rigorous validation processes.

With extensive experience in the field, we have developed a proprietary GenAI-based technology that is uniquely tailored to our organization. This advanced technology enables us to scan a wide array of relevant information sources across the internet. Our data-gathering process includes:

Searching through academic conferences, published research, citations, and social media platforms
Collecting and compiling diverse data to build a comprehensive and detailed database
Continuously updating our database with new information to ensure its relevance and accuracy

2. Primary Research

To complement and validate our secondary data, we engage in primary research through local tie-ups and partnerships. This process involves:

Collaborating with local healthcare providers, hospitals, and clinics to gather real-time data.
Conducting surveys, interviews, and field studies to collect fresh data directly from the source.
Continuously refreshing our database to ensure that the information remains current and reliable.
Validating secondary data through cross-referencing with primary data to ensure accuracy and relevance.

Combining Secondary and Primary Research

By integrating both secondary and primary research methodologies, we ensure that our database is comprehensive, accurate, and up-to-date. The combined process involves:

Merging historical data from secondary research with real-time data from primary research.
Conducting thorough data validation and cleansing to remove inconsistencies and errors.
Organizing data into a structured format that is easily accessible and usable for various applications.
Continuously monitoring and updating the database to reflect the latest developments and trends in the healthcare field.

Through this meticulous process, we create a final database tailored to each region and domain within the healthcare industry. This approach ensures that our clients receive reliable and relevant data, empowering them to make informed decisions and drive innovation in their respective fields.