MEDICAL PACKAGING MARKET POTENTIAL AND INVESTMENT OVERVIEW

The market for medical packaging is projected to grow from USD 35.31 Billion in
2016 to USD 50.55 Billion by 2022, at a compound annual growth rate (CAGR) of
6.29% from 2017 to 2022. The base year considered for the study is 2016 and the
market size is projected from 2017 to 2022.

The global market for medical packaging is dominated by large players such as
Avery Dennison Corporation (U.S.), 3M Company (U.S.), E. I. du Pont de Nemours
and Company (U.S.), CCL Industries, Inc. (Canada) , Amcor Limited (Australia),
Constantia Flexibles Group GmbH (Austria), Bemis Company (U.S.) , Sonoco
Products Company (U.S.) , WestRock Company (U.S.).

These players have adopted various strategies to expand their global presence
and increase their market share. Mergers & acquisitions, expansions, and new
product launches are some of the major strategies adopted by market players to
achieve growth in the medical packaging market.

the medical packaging market will grow from USD 35.31 Billion in 2016 to USD
50.55 Billion by 2022, at a compound annual growth rate (CAGR) of 6.29% from
2017 to 2022. The increasing population, rise in disposable income levels,
increasing medical awareness, increasing demand for better healthcare & medical
facilities, favorable trends in the e-commerce medical industry are expected to
drive the market.

This market is segmented on the basis of material, packaging type, application,

packing type, and region. In terms of application, the medical equipment & tools
segment accounted for the largest share. Medical equipment is widely used in
hospitals in various applications; it thus accounts for the largest market share. On
the basis of packaging type, the bags & pouches segment accounted for the
largest share. Sterilized bags & pouches are preferred due to their ease-of use,
light weight, and easy bio-degradability.
In terms of material, the polymer segment accounted for the largest share and it
is also projected to grow at the highest CAGR during the forecast period. The
polymer segment is preferred for a variety of applications such as manufacturing
bags & pouches, protective wraps, disposable syringes, intravenous blood bags,
and many more.

In terms of region, North America accounted for the largest share in 2016. North
America is a developed market due to the high standard of living of consumers,
excellent healthcare facilities, and strict protocol for medical packaging. The U.S.
accounted for the largest country-level market for medical packaging, globally.
The reason for growth is high technological development, high disposable income,
excellent medical & healthcare infrastructure, and strict FDA regulations.

Medical packaging mediums are light-weight and cost-effective. However,

fluctuation in prices of raw material serve as a potential restraint in the medical
packaging market.
 Machine Requirement

1) Sterilization Bag making Machine (35-75 lakhs based on model)

This machine is specially used for making medical pouch and reel from two-
layer material: medical grade paper and compound film. Making it seal
through heating copper mold, collected at the rewinding device after cut by
the slitting blade.

It is an ideal equipment used for making sterilization package, like reel and
self-adhesive pouch which has wide application in medical industry.

2) Slitting Machine (15-30 lakhs)

The machine applies to slit cellophane, PET, OPP, CPP, PE, PS, PVC and
computer security labels, electronic computers, optical materials, film roll,
foil roll, all kinds of paper rolls, film and printing of various materials.,etc

3) Accessories : Side Gusted mould, pouch mould,

4) ETO MACHINE : (13-30 lakhs)

AREA REQUIREMENT
Minimum requirement of 5000 sq ft builtup shed
10kW power supply and DG backup

APPROX PROJECT COST

80 lakh to 1cr ( excluding land)

 MANUFACTURING RATE OF FEW PRODUCTS

Product name DISPOSABLE FLAT MEDICAL PACKAGING PERFECTION STERILIZATION POUCH

Feature Disposable
Sterilization Steam and ETO
Sealing & Handle heat-sealing
Material Medical grade paper
Color of film Blue,Green and White
Surface Handling Flexo Printing

Production description:
Medical Grade Paper(60GSM or 70GSM)
Transparent Composite Film(White, Blue or Green)
Adopt Environmental Printing Ink
With STEAM, EO Chemical Indicator

Manufacturing Cost per Roll (30cm x 200 mts) : 1,250(approx.) includes raw material+
electricity+labour

Plain Standard (200 Meter)( 75 MM / 7.5 Cms)

Combination of medical grade paper/tyvek with PET-PE or PET-CPP Film.
Strong seal strength, visible sealing lines, clean fiber free opening.
Suitable for sterilization in, steam, formaldehyde, ethylene oxide, irradiation and plasma.
Choice of plain and gusseted.
Manufacturing Cost: 850-900(approx.) includes raw material+ electricity+labour