ASIA-PACIFIC NON-PVC IV BAGS MARKET 2022-2028

Description

MARKET OUTLOOK

CRI’s report analyzed that the Asia-Pacific non-PVC IV bags market is anticipated to experience growth at a CAGR of 8.40% in the years 2022-2028. South Korea, India, Japan, Australia & New Zealand, ASEAN countries, China, and Rest of APAC form the market in this region.
As per India Brand Equity Foundation, India is among the major markets for medical devices globally. The medical devices segment comprises large multinationals and SMEs. The government has commenced various initiatives to strengthen this sector, focusing majorly on research and development. Further, the WHO recommends PVC medical waste not be burned, which India prohibits. This is expected to enhance the demand for non-PVC IV bags. Along with this, the Ministry of Environment and Forests imposed a ban on the incineration of chlorinated plastics, which will further accelerate the growth of the non-PVC IV bags market.
In South Korea, PVC material, colored PET bottles, and other PET bottles are prohibited from being used in manufacturing to reduce plastic waste. However, PVC is allowed for medicines, health functional foods, and others due to a lack of substitute materials. Nevertheless, the gradual ban on PVC is expected to boost the adoption of non-PVC alternatives like non-PVC IV bags. As per estimates, the elderly population increased significantly in 2021. This rise in the aging population surges the need for medical specialty bags, fueling the non-PVC IV bags market’s growth.

COMPETITIVE OUTLOOK

The major firms in the non-PVC IV bags market include Kraton Corporation, Sealed Air, Huaren Pharmaceutical, B Braun Melsungen AG, Angiplast Pvt Ltd, Medipharmaplan, Otsuka,

TABLE OF CONTENTS

1. ASIA-PACIFIC NON-PVC IV BAGS MARKET – SUMMARY
2. INDUSTRY OUTLOOK
2.1. IMPACT OF COVID-19 ON NON-PVC IV BAGS MARKET
2.2. KEY INSIGHTS
2.3. PORTER’S FIVE FORCES MODEL
2.3.1. THREAT OF NEW ENTRANTS
2.3.2. THREAT OF SUBSTITUTE PRODUCTS
2.3.3. BARGAINING POWER OF BUYERS
2.3.4. BARGAINING POWER OF SUPPLIERS
2.3.5. COMPETITIVE RIVALRY
2.4. MARKET ATTRACTIVENESS INDEX
2.5. VENDOR SCORECARD
2.6. KEY STRATEGIC DEVELOPMENTS
2.6.1. CONTRACTS AND PARTNERSHIPS
2.6.2. BUSINESS EXPANSIONS, ANNOUNCEMENTS, AND DIVESTITURES
2.6.3. ACQUISITIONS & MERGERS
2.6.4. NEW PRODUCT LAUNCHES & DEVELOPMENTS
2.7. MARKET DRIVERS
2.7.1. GROWING DEMAND FOR PARENTERAL NUTRITION IN NEWBORNS
2.7.2. HIGH PREVALENCE OF CHRONIC CONDITIONS
2.8. MARKET CHALLENGES
2.8.1. HIGH COST OF NON-PVC IV BAGS
2.8.2. STRINGENT RULES IMPOSED BY REGULATORY BODIES
2.9. MARKET OPPORTUNITIES
2.9.1. USE OF NON-PVC IV BAGS TO PREVENT HAZARDOUS CHEMICAL EFFECTS
3. ASIA-PACIFIC NON-PVC IV BAGS MARKET – BY TYPE
3.1. LIQUID MIXTURE
3.2. FROZEN MIXTURE
4. ASIA-PACIFIC NON-PVC IV BAGS MARKET – BY MATERIAL
4.1. ETHYLENE-VINYL ACETATE
4.2. POLYPROPYLENE
4.3. COPOLYESTER ETHER
4.4. OTHER MATERIALS
5. ASIA-PACIFIC NON-PVC IV BAGS MARKET – BY PRODUCT
5.1. SINGLE CHAMBER
5.2. MULTI-CHAMBER
6. ASIA-PACIFIC NON-PVC IV BAGS MARKET – COUNTRY OUTLOOK
6.1. COUNTRY ANALYSIS
6.1.1. JAPAN
6.1.2. CHINA
6.1.3. AUSTRALIA & NEW ZEALAND
6.1.4. INDIA
6.1.5. SOUTH KOREA
6.1.6. ASEAN COUNTRIES
6.1.7. REST OF ASIA-PACIFIC
7. COMPANY PROFILE
7.1. ANGIPLAST PVT LTD
7.2. BAXTER INTERNATIONAL INC
7.3. B BRAUN MELSUNGEN AG
7.4. FRESENIUS KABI
7.5. HUAREN PHARMACEUTICAL
7.6. ICU MEDICAL
7.7. JW LIFE SCIENCE
7.8. KRATON CORPORATION
7.9. MEDIPHARMAPLAN
7.10. OTSUKA
7.11. PFIZER INC
7.12. POLYCINE GMBH
7.13. RENOLIT
7.14. SEALED AIR
7.15. SHANGHAI XIN GEN ECO TECHNOLOGIES
8. RESEARCH METHODOLOGY & SCOPE
8.1. RESEARCH SCOPE & DELIVERABLES
8.1.1. OBJECTIVES OF STUDY
8.1.2. SCOPE OF STUDY
8.2. SOURCES OF DATA
8.2.1. PRIMARY DATA SOURCES
8.2.2. SECONDARY DATA SOURCES
8.3. RESEARCH METHODOLOGY
8.3.1. EVALUATION OF PROPOSED MARKET
8.3.2. IDENTIFICATION OF DATA SOURCES
8.3.3. ASSESSMENT OF MARKET DETERMINANTS
8.3.4. DATA COLLECTION
8.3.5. DATA VALIDATION & ANALYSIS

LIST OF TABLES

TABLE 1: ASIA-PACIFIC NON-PVC IV BAGS MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: CONTRACTS AND PARTNERSHIPS
TABLE 4: BUSINESS EXPANSIONS, ANNOUNCEMENTS, AND DIVESTITURES
TABLE 5: ACQUISITIONS & MERGERS
TABLE 6: PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 7: ASIA-PACIFIC NON-PVC IV BAGS MARKET, BY TYPE, 2022-2028 (IN $ MILLION)
TABLE 8: ASIA-PACIFIC NON-PVC IV BAGS MARKET, BY MATERIAL, 2022-2028 (IN $ MILLION)
TABLE 9: ASIA-PACIFIC NON-PVC IV BAGS MARKET, BY PRODUCT, 2022-2028 (IN $ MILLION)
TABLE 10: ASIA-PACIFIC NON-PVC IV BAGS MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

LIST OF FIGURES

FIGURE 1: ASIA-PACIFIC NON-PVC IV BAGS MARKET, BY TYPE, 2020 & 2028 (IN %)
FIGURE 2: ASIA-PACIFIC NON-PVC IV BAGS MARKET, BY LIQUID MIXTURE, 2022-2028 (IN $ MILLION)
FIGURE 3: ASIA-PACIFIC NON-PVC IV BAGS MARKET, BY FROZEN MIXTURE, 2022-2028 (IN $ MILLION)
FIGURE 4: ASIA-PACIFIC NON-PVC IV BAGS MARKET, BY MATERIAL, 2020 & 2028 (IN %)
FIGURE 5: ASIA-PACIFIC NON-PVC IV BAGS MARKET, BY ETHYLENE-VINYL ACETATE, 2022-2028 (IN $ MILLION)
FIGURE 6: ASIA-PACIFIC NON-PVC IV BAGS MARKET, BY POLYPROPYLENE, 2022-2028 (IN $ MILLION)
FIGURE 7: ASIA-PACIFIC NON-PVC IV BAGS MARKET, BY COPOLYESTER ETHER, 2022-2028 (IN $ MILLION)
FIGURE 8: ASIA-PACIFIC NON-PVC IV BAGS MARKET, BY OTHER MATERIALS, 2022-2028 (IN $ MILLION)
FIGURE 9: ASIA-PACIFIC NON-PVC IV BAGS MARKET, BY PRODUCT, 2020 & 2028 (IN %)
FIGURE 10: ASIA-PACIFIC NON-PVC IV BAGS MARKET, BY SINGLE CHAMBER, 2022-2028 (IN $ MILLION)
FIGURE 11: ASIA-PACIFIC NON-PVC IV BAGS MARKET, BY MULTI-CHAMBER, 2022-2028 (IN $ MILLION)
FIGURE 12: CHINA NON-PVC IV BAGS MARKET 2022-2028 (IN $ MILLION)
FIGURE 13: AUSTRALIA & NEW ZEALAND NON-PVC IV BAGS MARKET 2022-2028 (IN $ MILLION)
FIGURE 14: INDIA NON-PVC IV BAGS MARKET 2022-2028 (IN $ MILLION)
FIGURE 15: SOUTH KOREA NON-PVC IV BAGS MARKET 2022-2028 (IN $ MILLION)
FIGURE 16: ASEAN COUNTRIES NON-PVC IV BAGS MARKET 2022-2028 (IN $ MILLION)
FIGURE 17: REST OF ASIA-PACIFIC NON-PVC IV BAGS MARKET 2022-2028 (IN $ MILLION)