Molded Pulp Clinical Packaging Market: An Overview
Molded pulp clinical packaging is an efficient packaging which is essential for safe handling and transport of healthcare product. Molded pulp clinical packaging is environment friendly as it is made from recycled newspaper and water which ensures 100% recyclability. Molded pulp clinical packaging offers adaptability and a formidable material for various products.
Molded pulp is produced by utilizing recycled non-wood and wood materials such as newspaper, board, etc. and it offers tremendous firmness resistance and acceptable thermal resistance along with shock absorption. Molded pulp clinical packaging is a safety-oriented solution that is utilized in the healthcare industry.
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Rise in consumption of clinical products across the world due to growing health awareness which is likely to induce favourable impacts on the demand for molded pulp clinical packaging in the forthcoming years.
Furthermore, the rising demand for sustainable packaging, mainly in the healthcare industry, coupled with steady progress in clinical equipment usage across the globe is expected to increase the sales of molded pulp clinical packaging as these types of packaging are mainly used to avoid the product from infection. All these are some factors that are anticipated for the growth of the market over the forecast period.
Molded Pulp Clinical Packaging Market: Dynamics
Increasing consumers’ preference for eco-friendly and recyclable materials drives the growth of the market. Molded pulp packaging has become an attractive option due to the growing importance of sustainability. As it can not only be made from recycled materials but it can easily be recycled again after its useful lifecycle. Furthermore, the fibers in molded pulp packaging are biodegradable even though if it does not make it to the recyclability facility, unlike plastic packaging which bolsters the sales in the forecasted period.
Due to the rise in the usage of clinical equipment and pharmaceutical products, the market for molded pulp clinical packaging is expected to grow. Products used in the healthcare industry are witnessing a high demand for molded pulp packaging as they are made from recycled newspaper and gives protective packaging to the product as well as it offers hygroscopic ability and good air permeability which plays an important role in healthcare packaging and storage.
Today, the demand has inclined more towards molded pulp clinical packaging in the healthcare industry as the decline in the use of plastics and other petroleum-based packaging solutions. The molded pulp clinical packaging offers a wide range of benefits as compared to traditional plastic packaging.
Furthermore, across the globe, Furthermore, across the globe, the concerned for safe and secure packaging of products in healthcare sector drives the growth of the global molded pulp clinical packaging market. Therefore, molded pulp clinical packaging is gaining widespread acceptance across the world.
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Molded Pulp Clinical Packaging Market: Segmentation
The molded pulp clinical packaging can be segmented as follow:
Based on Material Type:
- Wood Pulp
- Non-wood Pulp
Based on Product Type:
- Drink Carriers
- Bed Pans
Based on Molded Type:
- Thick Wall
Based on Application:
- Primary Packaging
- Secondary Packaging
Molded Pulp Clinical Packaging Market: Regional Outlook
Based on the geography, the molded pulp clinical packaging market is categorized into Europe, North America, Latin America, Asia Pacific and Middle and East Africa. The Asia Pacific dominating the global molded pulp clinical packaging market.
The countries like Japan, China and India are contributing more to the growth of the Asia-pacific molded pulp clinical packaging market over the forecast period. Moreover, these countries are the largest exporters of packaging materials globally due to the availability of domestically produced raw material, cheap labour cost and manufacturers in Asia Pacific countries.
In addition to this, the rise in disposable income and growth in the healthcare industry is escalating the growth of the target market in the region. Over the forecast period, North America is expected to show a significant growth in the market. Rising awareness on the reduction of plastic usage, especially in the healthcare industry, is anticipated to enhance regional growth.
Therefore, especially in the U.S., the presence of the most significant healthcare industry offers considerable growth to the molded pulp clinical packaging market. Furthermore, in the Europe region and the Middle East and Africa region, the rising demand for sustainable packaging drives the growth of the molded pulp clinical packaging market.
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Molded Pulp Clinical Packaging Market: Key Players
Some of the leading manufacturers of molded pulp clinical packaging operating in the market are-
- Molded Pulp Engineering
- UFP Technologies, Inc.
- Switch Packaging Specialists Ltd
- THE HIGHPACK GROUP
- HIRSCH Servo Group
- Pacific Pulp Molding, Inc.
- TRANSPAK, INC
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