Market Share of Medical Devices Packaging Industry
The medical device packaging market is fragmented. The major players have used strategies such as new product launches, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market, increasing the rivalry in the market. Key players in the market include Amcor PLC, Wipak Group, Berry, DuPont Company Inc., and Berry Plastics Pvt Ltd.
- In November 2023, Amcor announced the launch of the next generation of its Medical Laminates solutions. Amcor’s latest innovation enables the development of an all-film packaging that is recyclable in the polyethylene stream. The new solution decreases the final package's carbon footprint while upholding the device application's performance standards, enabling medical companies to progress their sustainability goals without compromising patient safety.
- In October 2023, Sonoco Products Company and Dyecor Limited, a privately held company in the United Kingdom, collaborated to develop and commercialize new packaging technology for North America and Europe. The joint venture, owned 50.1% by Sonoco and 49.9% by Dyecor, will initially focus on a line of shipping containers for medical samples developed by the two companies. This new product line and other potential usages of these technologies can be the cornerstone of additional opportunities in the growing medical packaging market.
Medical Devices Packaging Market Leaders
Amcor PLC
Wipak Group
Berry Plastics Pvt. Ltd.
DuPont Company
WestRock Company
*Disclaimer: Major Players sorted in no particular order
