Medical Grade Paper Market Analysis, Trends, and Scope 2023 to 2028
Medical Grade Paper Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 4.51 Billion |
Market Size by 2028 | US$ 5.63 Billion |
Global CAGR (2022 - 2028) | 3.8% |
Historical Data | 2020-2021 |
Forecast period | 2023-2028 |
Segments Covered |
By Product
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Product launches and collaborations are highly adopted strategies by the global medical grade paper market players to expand their global footprints and product portfolios. The players also focus on the collaboration strategy to enlarge their clientele, allowing them to maintain their brand name globally. They aim to flourish their market shares with the development of innovative products. A few of the recent key market developments are listed below:
- In March 2022, BillerudKorsnäs AB announced the acquisition of Verso, which will help BillerudKorsnäs AB's strategy to drive profitable growth in paperboard and its ambition to expand in North America with the most cost-efficient and sustainable paperboard platform. Verso's strategic assets are positioned in a region with an abundant and cost-effective fiber supply suitable for producing premium packaging materials. This location will favor export opportunities in both Asia and Europe.
- In January 2020, Artic Paper SA introduced Arctic Volume Ice, a new product to its Arctic Volume Range portfolio. It offers high quality and unique feel, a natural matt surface, high bulk, and a premium coated finish.
Zellstoff Pöls AG, Amcor Plc, VP Group, Anquing Tianrun Paper Packaging Co Ltd, Cheever Specialty Paper and Film, PMS Europe GMBH, BillerudKorsnäs AB, Gascogne Group, Nelipak Corporation, and Arctic Paper SA are offering products in the market.