Strategic markets
Quickly evolving markets with significantly increased focus on sterilization and safety
The Healthcare Packaging industry is a substantial global market at an estimated $108.4Bn in 2019. The industry serves insurance agencies, product developers, marketers, and corporations worldwide. The industry is typically split into two major customer segments of pharmaceuticals and medical devices and can be subdivisible into packaging by materials, such as plastic, paper, etc., presenting a vast and diverse customer base.
Neos Equity Group believes the Healthcare Packaging industry is uniquely positioned to outperform current industry expectations. This is driven by many industry tailwinds, namely the COVID-19 pandemic due to an increased need for personal protective equipment (“PPE”) and other medical devices.
Increased regulations for businesses and healthcare facilities to have PPE combined with general inventory build-up due to heightened awareness is also seen to be driving the industry forward. Additional industry tailwinds include growing demand for quality healthcare product items, innovation and development in healthcare packaging, growing urbanization, increased production of medical devices and rising number of private label companies.
Key Industry Insights:
- Healthcare Packaging Industry $108.4bn in 2019
- 2019-2026 CAGR 4.6%
- Top 20 healthcare packaging firms in this highly fragmented industry accounted for only 32% of the global market in 2017
- RFID, NFC, Bluetooth and QR enabled packaging are on the forefront of technology solutions in the healthcare industry with 45% of consumers using smart devices to monitor health
- Asia-Pacific region is expected to be the fastest growing market in the next 5 years
- Industry Leaders: NYSE: SON; NYSE: AMCR; OTCMKTS: CCDBF
Neos Equity Group intends to execute a portfolio “roll-up” strategy of Healthcare Packaging businesses in this highly fragmented industry and leverage Neos’ executive team expertise in the healthcare industry. Neos will target businesses with gross revenues between $5mm - $25mm gross revenue.
If you are interested in selling your Healthcare Packaging business, please feel free to contact us to set up a meeting and discuss at info@neosequitygroup.com.
