According to Stratistics MRC, the Global Medical Grade Paper Market is accounted for $4512.7 million in 2022 and is expected to reach $6329.2 million by 2028 growing at a CAGR of 5.8% during the forecast period.
Medical grade paper is commonly used for medical product packaging due to its strength and well-balanced porosity, and it acts as a suitable protective material for medical equipment, offering a secure and safe barrier. High-purity cellulose fibres are used by producers of medical grade paper to make the product resistant to sterilising techniques and substances including steam, ethylene oxide, formaldehyde, and irradiation. Bandages, catheters, needles, gauges, and other medical supplies are frequently packaged in medical grade paper. It is designed to allow sterilising chemicals to penetrate and is mostly made of cellulose fibres.
The growing demand for safe and practical packaging materials for a wide range of medical items in the healthcare industry throughout the world drives the medical grade paper market. Medical-grade paper with high porosity, peel-ability, heat seal ability, and organism resistance is becoming more popular in the business. Also, acts as an efficient material for all the instruments, accessories and devices.
By geography, Asia Pacific is projected to have the highest CAGR over the forecast period, owing to the region’s installation of laws governing the dependability and safety of medical devices. Furthermore, the increasing use of medical equipment in hospital settings in emerging nations has increased income possibilities. The medical grade paper market is predicted to rise in the Asia-Pacific region, particularly in India and China, since both countries are accelerating economic growth.
Some of the key players profiled in the Medical Grade Paper Market include Arctic Paper SA, Amcor Plc, Anquing Tianrun Paper Packaging Co Ltd, BillerudKorsnäs AB, Bomarko, Inc., Cheever Specialty Paper and Film, Efelab, Navkar International, Canadian Kraft Paper Ltd., Pudumjee Paper Products, Sterilmedipac, Gascogne Group, Nelipak Corporation, Zellstoff Pöls AG
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- Kraft Paper
- Sack Paper
- Coated Paper
- Uncoated Paper
- Ethylene Oxide sterilization
- Formaldehyde sterilization
- Irradiation sterilization
- Steam sterilization
By End Users:
- Diagnostic and Research Centers
- Pharmaceutical Industry
- Other End Users
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