EUROPE MEDICAL GRADE PAPER MARKET FORECAST 2023-2032

The Europe medical grade paper market growth assessment covers the study of the United Kingdom, Germany, France, Italy, Spain, Belgium, Poland, Switzerland, Sweden, and Rest of Europe. The United Kingdom is one of the major European markets for medical grade papers. Moreover, the rising number of pharmaceutical and medical device industries in the country further contributes to the surging need for wrapping and packaging, thus propelling the demand for medical grade papers. Various firms in the United Kingdom also offer packaging services for various healthcare corporations. Perigord Life Science Solutions, for instance, assists its clients in bringing their goods to the market in the most compliant as well as inventive packaging possible.

Conversely, Germany has continued to have a long-standing foundation of manufacturing high-quality medical equipment, with substantial emphasis on diagnostic imaging technologies and dental items. Moreover, Germany also dominates the region’s medical device industry, thus fueling the demand for medical grade paper over the upcoming years. The country’s government adheres to stringent laws and norms associated with the manufacturing, labeling, and packing of medical equipment. Hence, package manufacturing industries in the region are continually focused on the development of novel packaging solutions. Furthermore, Germany’s annual healthcare expenditure exceeds 11% of the gross domestic product (GDP), indicating the nation’s thriving healthcare business. Therefore, these factors are anticipated to fuel the medical grade paper market growth in Europe during the forecasted period. 

The Europe medical grade paper market is segmented into type, material, end-user, and application. The material segment includes Kraft paper and sack paper. Sack papers are utilized for manufacturing carry bags and packs, enabling end-users to transport things effortlessly. Since they are formed of wood fiber, which offers significant strength and aids in product retention, sack papers are widely utilized in a variety of industries. 

Moreover, given their excellent properties, such as printability, durability, and porosity, sack papers are majorly used for coatings, wrapping and distribution, laminating, and packaging. While several sectors are emphasizing the use of sack paper, the segment is anticipated to observe notable growth as the demand for plastic-free carry bags increases during the upcoming years.

Some of the main firms operating in the Europe medical grade paper market are Billerud AB, Amcor Plc, Arctic Paper SA, etc.

Billerud AB, headquartered in Sweden, offers fiber-based packaging materials and solutions globally. The company operates through three primary segments, namely product area paper, product area board, and solutions & others. In addition to providing Kraft papers for food packaging sectors and medical equipment, as well as sack papers, it also provides packaging solutions and systems for brand owners. Moreover, the company manufactures and sells liquid packaging, carton boards, and fluting and liners, as well.