Snowballing Demand for Medical Plastics in the Disposable Medical Products is Anticipated to Propel the Growth of Medical Plastic Converters market

The Africa Medical Plastic Converters Market is anticipated to grow at an astronomical rate owing to the factors such as growing awareness among people regarding health and wellness, robust urbanization coupled with burgeoning application of medical plastic converter in surgical equipment, disposable syringes, catheters, microfluid devices, and rising inclination towards cosmeceutical products. Moreover increasing incidence of lifestyle diseases, growing disposable income and surging demand for medical devices and equipment are some of the factors expected to place a significant impact on the growth of the market in the forecast period.

 

Based on Material, Die-Cut Adhesive acquired the considerable market share owing to its surging demand in the industries such as in medical, transportation, electronics, aerospace along with burgeoning demand for cosmeceutical products and escalating use of stick to skin application products such as tapes and bandages, wound dressings, drapes.




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Based on Application, Cosmeceutical segment is anticipated to register fastest growth over the forthcoming timeline. The growth of the segment is attributed to growing aging population, rising awareness towards health and wellness intertwined with fastest-growing middle-class sector, and robust urbanization.

 

South Africa grabbed the majority market share in the Africa Medical Plastic Converters market in 2019. This is due to rising expenditure on cosmeceuticals product, snowballing demand for medical plastics in the disposable medical products such as inhalation masks, and IV tubes, and growing consumer preference towards cosmeceuticals.

 

The key players with a considerable market share in the Africa Medical Plastic Converters market are 3M, Anchortape, Omnia health, Tapecon, AFROX, Fabrico, Advance, Henkel etc.

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