South America Medical Grade Paper Market Forecast to 2028

South America Medical Grade Paper Market Forecast to 2028 - COVID-19 Impact and Regional Analysis - by Product (Kraft Paper and Sack Paper), Application (Steam Sterilization, Ethylene Oxide Sterilization, Formaldehyde Sterilization, and Irradiation Sterilization), and End User (Hospital, Diagnostic and Research Center, Pharmaceutical Industry, and Other)

Report Code : BMIRE00025840 | Region : LAMEA | Industry : Medical Device | Published Date : 13/Sep/2022

The SAM medical grade paper market is expected to grow from US$ 218.87 million in 2022 to US$ 254.51 million by 2028; it is estimated to grow at a CAGR of 2.5% from 2022 to 2028.

Sterility is required in every aspect of the medical industry, and the modern and advanced healthcare centers demand well-sterilized products. It plays an essential role in preventing hospital-acquired infections while using any medical device. Therefore, safe, reliable, flexible, and easy-to-handle packaging is needed to maintain the sterility of medical products. Medical-grade paper products act as safe and effective packaging materials that are used for packaging medical devices such as catheters, gauges, bandages, gloves, infusers, and needles due to their ability of sealing (upon heat treatment), peeling, and resisting microorganisms. Medical grade paper is usually made from cellulose as it offers excellent fibrous property that offers microbial resistance due to the mesh-like texture. In addition, at a low temperature, it prevents the proliferation of pests and avoids the need for fumigation; hence, it does not require any chemical treatment. Moreover, the medical grade paper made from cellulose shows resistance to both dry and wet conditions due to high mechanical strength. Thus, it withstands the sterilization processes by steam, ethylene oxide, and gamma rays. Materials such as polymer and latex are also being used for medical-grade packaging, as these materials offer easy peeling. They are commonly used in making pouches and in lidding. Polymer-based packaging does not lose its porosity during the steam sterilization or ethylene oxide sterilization process. Thus, these characteristics further boost the demand for medical-grade paper for packaging in hospitals, primary healthcare centers, and specialty clinics.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the SAM medical grade paper market . The SAM medical grade paper market is expected to grow at a good CAGR during the forecast period.

SAM Medical Grade Paper Market Revenue and Forecast to 2028 (US$ Million)

SAM Medical Grade Paper Market Segmentation

The SAM medical grade paper market is bifurcated based on product, application, end user and country. Based on product, the market is segmented into kraft paper and sack paper. The kraft paper segment dominated the market in 2022 and is expected to be fastest growing during forecast period. Based on application, the market is segmented into steam sterilization, ethylene oxide sterilization, formaldehyde sterilization, and irradiation sterilization. The ethylene oxide sterilization segment dominated the market in 2022 and is expected to be fastest growing during forecast period. Based on end user, the market is segmented into hospitals, diagnostic and research centers, pharmaceutical industry, and others. The pharmaceutical industry segment dominated the market in 2022 and is expected to be fastest growing during forecast period. Based on country, the SAM medical grade paper market is segmented into Brazil, Argentina, and Rest of SAM.

Amcor plc; Anquing Tianrun Paper Packaging Co, Ltd.; Arctic Paper SA; BillerudKorsnäs AB; Nelipak Corporation; and PMS Europe GMBH are among the leading companies in the SAM medical grade paper market.

At 2.5% CAGR, the SAM Medical Grade Paper Market is speculated to be worth US$ 254.51 million by 2028, says The Insight Partners

According to The Insight Partners’ research, the SAM medical grade paper market was valued at US$ 218.87 million in 2022 and is expected to reach US$ 254.51 million by 2028, registering an annual growth rate of 2.5% from 2022 to 2028. Rising demand for protective packaging in medical device industry and need for convenient and easy-to-use medical-grade packaging suitable for maintaining sterility suitable for maintaining sterility are the critical factors attributed to the market expansion.

Medical device manufacturers invest huge amounts in the research and development of technologically advanced medical devices as there is a greater demand for various devices that have received approvals. Since these devices must be manufactured in compliance with various safety standards and regulations, the vendors also tend to spend on more specialized packaging materials and solutions. Thus, the demand for protective packaging products and materials that can shield medical equipment from contamination and mechanical harm during their handling, transportation, and storage is anticipated to increase. According to statistics, packaging failure accounts for 10% of medical device recalls, while package holes account for 31% of these failures. Highly protective packaging guarantees the integrity of medical equipment from the point of manufacture to the final destination or point of use. The ongoing development of flexible primary packaging products that serve as both a sterile barrier system (SBS) and a protective covering to prevent the entry of microbes would further contribute to the medical grade paper market proliferation in the coming years. For medical instruments that are separately packaged, folding cartons offer good secondary protection. To ensure increased safety, manufacturers are making investments in the creation of more innovative packaging solutions by using materials such as paper and paperboard, glass, and polymers. Thus, the rising demand for protective packaging is driving the growth of the medical grade paper market.

On the contrary, availability of alternative products secret hurdles the growth of SAM medical grade paper market.

Based on product, the SAM medical grade paper market is segmented into kraft paper and sack paper. The kraft paper segment held 69.8% market share in 2022, amassing US$ 152.84 million. It is projected to garner US$ 180.02 million by 2028 to expand at 2.8% CAGR during 2022–2028.

Based on application, the SAM medical grade paper market is segmented into steam sterilization, ethylene oxide sterilization, formaldehyde sterilization, and irradiation sterilization. The ethylene oxide sterilization segment held 30.8% market share in 2022, amassing US$ 67.35 million. It is projected to garner US$ 80.71 million by 2028 to expand at 3.1% CAGR during 2022–2028.

Based on end user, the SAM medical grade paper market is segmented into hospitals, diagnostic and research centers, pharmaceutical industry, and others. The pharmaceutical industry segment held 35.6% market share in 2022, amassing US$ 77.97 million. It is projected to garner US$ 93.28 million by 2028 to expand at 3.0% CAGR during 2022–2028.

Based on country, the SAM medical grade paper market is segmented into the Brazil, Argentina, and Rest of SAM. Our regional analysis states that the South Africa captured 42.0% market share in 2022. It was assessed at US$ 114.71 million in 2022 and is likely to hit US$ 137.41 million by 2028, exhibiting a CAGR of 3.1% during the forecast period.

Key players dominating the SAM medical grade paper market are Amcor plc; Anquing Tianrun Paper Packaging Co, Ltd.; Arctic Paper SA; BillerudKorsnäs AB; Nelipak Corporation; and PMS Europe GMBH among others.

In Feb 2020, Artic Paper SA has introduced new range of Munken Kraft Paper in different sizes and color shades, these are available in reels and sheets. The paper has polymer coated and is ideal for packaging applications such as packages, shopping bags, and for use by the food and non-food industries. In Dec 2021, founded in 1896, the Vereinigte Papierwarenfabriken (VP) is now in its fourth generation as a successful family business. For 125 years, our historic company has stood for innovative, high-quality products.

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 SAM Medical Grade Paper Market – By Product

1.3.2 SAM Medical Grade Paper Market – By Application

1.3.3 SAM Medical Grade Paper Market – By End User

1.3.4 SAM Medical Grade Paper Market – By Country

2. SAM Medical Grade Paper Market – Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. SAM Medical Grade Paper Market – Market Landscape

4.1 Overview

4.2 SAM PEST Analysis

4.3 Expert Opinion

5. SAM Medical Grade Paper Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Rising Demand for Protective Packaging in Medical Device Industry

5.1.2 Need for Convenient and Easy-to-Use Medical-Grade Packaging Suitable for Maintaining Sterility

5.2 Market Restraints

5.2.1 Availability of Alternative Products

5.3 Market Opportunities

5.3.1 Growth in Demand for Sustainable Packaging Solutions

5.4 Future Trends

5.4.1 Growing Scales of Production of Single-Use Medical Devices

5.5 Impact Analysis

6. Medical Grade Paper Market– SAM Analysis

6.1 SAM Medical Grade Paper Market Revenue Forecast and Analysis

7. SAM Medical Grade Paper Market Revenue and Forecasts To 2028– by Product

7.1 Overview

7.2 SAM Medical Grade Paper Market Revenue Share, by Product (2022 and 2028)

7.3 Kraft Paper

7.3.1 Overview

7.3.2 Kraft Paper Revenue and Forecast to 2028 (US$ Mn)

7.4 Sack Paper

7.4.1 Overview

7.4.2 Sack Paper Revenue and Forecast to 2028 (US$ Mn)

8. SAM Medical Grade Paper Market Analysis and Forecast to 2028 – by Application

8.1 Overview

8.2 SAM Medical Grade Paper Market Revenue Share, by Application (2022 and 2028)

8.3 Steam Sterilization

8.3.1 Overview

8.3.2 Steam Sterilization Market Revenue and Forecast to 2028 (US$ Mn)

8.4 Ethylene Oxide Sterilization

8.4.1 Overview

8.4.2 Ethylene Oxide Sterilization Market Revenue and Forecast to 2028 (US$ Mn)

8.5 Formaldehyde Sterilization

8.5.1 Overview

8.5.2 Formaldehyde Sterilization Market Revenue and Forecast to 2028 (US$ Mn)

8.6 Irradiation Sterilization

8.6.1 Overview

8.6.2 Irradiation Sterilization Market Revenue and Forecast to 2028 (US$ Mn)

9. SAM Medical Grade Paper Market Analysis and Forecast to 2028 – by End User

9.1 Overview

9.2 SAM Medical Grade Paper Market Revenue Share, by End User (2022 and 2028)

9.3 Hospitals

9.3.1 Overview

9.3.2 Hospitals Market Revenue and Forecast to 2028 (US$ Mn)

9.4 Diagnostic and Research Centers

9.4.1 Overview

9.4.2 Diagnostic and Research Centers Market Revenue and Forecast to 2028 (US$ Mn)

9.5 Pharmaceutical Industry

9.5.1 Overview

9.5.2 Pharmaceutical Industry Market Revenue and Forecast to 2028 (US$ Mn)

9.6 Others

9.6.1 Overview

9.6.2 Others Market Revenue and Forecast to 2028 (US$ Mn)

10. Medical Grade Paper Market Revenue and Forecasts to 2028 – Country Analysis

10.1 Overview

10.1.1 SAM Medical Grade Paper Market Revenue and Forecast to 2028, by Country (%)

10.1.1.1 Brazil: Medical Grade Paper Market – Revenue and Forecast to 2028 (USD Million)

10.1.1.1.1 Overview

10.1.1.1.2 Brazil Medical Grade Paper Market Revenue and Forecast to 2028 (US$ Million)

10.1.1.1.3 Brazil: Medical Grade Paper Market Revenue and Forecast to 2028, By Product (US$ Million)

10.1.1.1.4 Brazil: Medical Grade Paper Market Revenue and Forecast To 2028, By Application (US$ Million)

10.1.1.1.5 Brazil: Medical Grade Paper Market Revenue and Forecast To 2028, By End User (US$ Million)

10.1.1.2 Argentina: Medical Grade Paper Market – Revenue and Forecast to 2028 (USD Million)

10.1.1.2.1 Overview

10.1.1.2.2 Argentina Medical Grade Paper Market Revenue and Forecast to 2028 (US$ Million)

10.1.1.2.3 Argentina: Medical Grade Paper Market Revenue and Forecast to 2028, By Product (US$ Million)

10.1.1.2.4 Argentina: Medical Grade Paper Market Revenue and Forecast To 2028, By Application (US$ Million)

10.1.1.2.5 Argentina: Medical Grade Paper Market Revenue and Forecast To 2028, By End User (US$ Million)

10.1.1.3 Rest of the SAM: Medical Grade Paper Market – Revenue and Forecast to 2028 (USD Million)

10.1.1.3.1 Overview

10.1.1.3.2 Rest of the SAM Medical Grade Paper Market Revenue and Forecast to 2028 (US$ Million)

10.1.1.3.3 Rest of the SAM: Medical Grade Paper Market Revenue and Forecast to 2028, By Product (US$ Million)

10.1.1.3.4 Rest of the SAM: Medical Grade Paper Market Revenue and Forecast To 2028, By Application (US$ Million)

10.1.1.3.5 Rest of the SAM: Medical Grade Paper Market Revenue and Forecast To 2028, By End User (US$ Million)

11. SAM Medical Grade Paper Market–Industry Landscape

11.1 Overview

11.2 Organic Developments

11.2.1 Overview

11.2.2 Organic Growth Strategies in The Medical Grade Paper Market, 2018-2022

11.3 Inorganic Developments

11.3.1 Overview

11.3.2 Inorganic Growth Strategies in The Medical Grade Paper Market, 2018-2022

12. Company Profiles

12.1 Arctic Paper SA

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 PMS Europe GMBH

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 BillerudKorsnäs AB

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 Nelipak Corporation

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 Amcor plc

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 Anquing Tianrun Paper Packaging Co, Ltd

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Glossary of Terms

LIST OF TABLES.

Table 1.             SAM Medical Grade Paper Market Revenue and Forecast to 2028 (US$ Million)

Table 2.             Brazil: Medical Grade Paper Market Revenue and Forecast to 2028, By Product (US$ Million)

Table 3.             Brazil: Medical Grade Paper Market Revenue and Forecast to 2028, By Application (US$ Million)

Table 4.             Brazil: Medical Grade Paper Market Revenue and Forecast to 2028, By End User (US$ Million)

Table 5.             Argentina: Medical Grade Paper Market Revenue and Forecast to 2028, By Product (US$ Million)

Table 6.             Argentina: Medical Grade Paper Market Revenue and Forecast to 2028, By Application (US$ Million)

Table 7.             Argentina: Medical Grade Paper Market Revenue and Forecast to 2028, By End User (US$ Million)

Table 8.             Rest of the SAM: Medical Grade Paper Market Revenue and Forecast to 2028, By Product (US$ Million)

Table 9.             Rest of the SAM: Medical Grade Paper Market Revenue and Forecast to 2028, By Application (US$ Million)

Table 10.          Rest of the SAM: Medical Grade Paper Market Revenue and Forecast to 2028, By End User (US$ Million)

Table 11.          Recent Organic Growth Strategies in The Medical Grade Paper Market

Table 12.          Recent Inorganic Growth Strategies in The Medical Grade Paper Market

Table 13.          Glossary of Terms

LIST OF FIGURES.

Figure 1.           SAM Medical Grade Paper Market Segmentation

Figure 2.           SAM Medical Grade Paper Market, By Country

Figure 3.           SAM Medical Grade Paper Market Overview

Figure 4.           Kraft Paper Segment Held Largest Share of Product Segment in Medical Grade Paper Market

Figure 5.           Brazil Is Expected to Show Remarkable Growth During the Forecast Period

Figure 6.           SAM: PEST Analysis

Figure 7.           Experts’ Opinion

Figure 8.           SAM Medical Grade Paper Market Impact Analysis of Drivers and Restraints

Figure 9.           SAM Medical Grade Paper market – Revenue Forecast and Analysis

Figure 10.        SAM Medical Grade Paper Market Revenue Share, by Product (2022 and 2028)

Figure 11.        SAM Kraft Paper Revenue and Forecast to 2028 (US$ Mn)

Figure 12.        SAM Sack Paper Revenue and Forecast to 2028 (US$ Mn)

Figure 13.        SAM Medical Grade Paper Market Revenue Share, by Application (2022 and 2028)

Figure 14.        SAM Steam Sterilization Market Revenue and Forecast to 2028 (US$ Mn)

Figure 15.        SAM Ethylene Oxide Sterilization Market Revenue and Forecast to 2028 (US$ Mn)

Figure 16.        SAM Formaldehyde Sterilization Market Revenue and Forecast to 2028 (US$ Mn)

Figure 17.        SAM Irradiation Sterilization Market Revenue and Forecast to 2028 (US$ Mn)

Figure 18.        SAM Medical Grade Paper Market Revenue Share, by End User (2022 and 2028)

Figure 19.        SAM Hospitals Market Revenue and Forecast to 2028 (US$ Mn)

Figure 20.        SAM Diagnostic and Research Centers Market Revenue and Forecast to 2028 (US$ Mn)

Figure 21.        SAM Pharmaceutical Industry Market Revenue and Forecast to 2028 (US$ Mn)

Figure 22.        SAM Others Market Revenue and Forecast to 2028 (US$ Mn)

Figure 23.        SAM Medical Grade Paper Market Revenue Overview, by Country, 2022 (US$ Million)

Figure 24.        SAM Medical Grade Paper Market Revenue and Forecast to 2028, by Country (%)

Figure 25.        Brazil: Medical Grade Paper Market Revenue and Forecast to 2028 (US$ Million)

Figure 26.        Argentina: Medical Grade Paper Market Revenue and Forecast to 2028 (US$ Million)

Figure 27.        Rest of the SAM: Medical Grade Paper Market Revenue and Forecast to 2028 (US$ Million)

The List of Companies - South America Medical Grade Paper Market

● Amcor plc

● Anquing Tianrun Paper Packaging Co, Ltd.

● Arctic Paper SA

● BillerudKorsnäs AB

● Nelipak Corporation

● PMS Europe GMBH

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the SAM medical grade paper market.

● Highlights key business priorities to assist companies to realign their business strategies

● The key findings and recommendations highlight crucial progressive industry trends in the SAM medical grade paper market, thereby allowing players across the value chain to develop effective long-term strategies

● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

● Scrutinize in-depth SAM market trends and outlook coupled with the factors driving the amniotic products medical grade paper market, as well as those hindering it

● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

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