Healthcare Packaging Market Regional Analysis:
North American Market Insights
North America region is anticipated to hold over 37.7% market share by 2035, driven by pharma growth and aging population’s need for medications. For instance, around 65 percent of American adults, or more than 130 million people, consume prescription medicines, also age-related diseases and chronic illnesses are associated with higher utilization.
Additionally, the rising investment by the key healthcare packaging market players in the region considering the boom in the demand for medicines and the increasing prevalence of chronic diseases in the USA and Canada are anticipated to propel the market growth in the region. For instance, recently on December 2022, one of the leading healthcare packaging company has declared to open a production facility in the USA. From three production facilities in Europe, Nelipak currently provides its market-leading assortment of healthcare flexible packaging products to clients all over the world. In order to meet the rising demand in the Americas region, Nelipak will replicate its current capabilities by opening a new flagship production site in America.