Tag: medical packaging

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Medical Packaging Client Improve Supply Relationship with the help of Supplier Identification Engagement

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LONDON: Infiniti Research, a global market intelligence solutions provider, has announced the completion of their latest supplier identification and profiling engagement for a medical packaging client. Medical packaging plays a vital role in preserving the health-based outcomes. Therefore, companies operating in the medical packaging industry are focusing on using modern technologies to improve the quality and cost-effectiveness of their offerings.

“The regulatory requirements laid out by the FDA and the increasing need for best-in-class medical packaging facilities are propelling the growth of this industry. Supplier identification engagement helps medical packaging clients to carry out a robust supplier selection process based on factors such as pricing, service, reliability, quality, and identify potential suppliers that can match their business requirements., “says an expert at Infiniti Research.

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The solution offered helped the medical packaging client to profile the right suppliers based on their characteristics. The client was also able to prioritize the suppliers and focus more on high-risk suppliers while simultaneously monitoring second-tier suppliers.

Additional Benefits of The Market Segmentation Solution

  • Understand the supplier strength and weaknesses to enhance the supply chain visibility.
  • Devise a scorecard to prioritize the needs of the customers.

To know more about how our supplier identification engagement  helped the medical packaging clientAsk an analyst


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Medical Packaging Client Optimizes their Marketing Campaigns with the help of Market Intelligence solution

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LONDON: Infiniti Research, a global market intelligence solutions provider, has announced the completion of their latest market intelligence analysis for a leading medical packaging client. Medical packaging plays a vital role in preserving the health-based outcomes. This is one of the main reasons why healthcare organizations are emphasizing the use of modern technologies to enhance the quality and cost-effectiveness of the products offered.

“The regulatory concerns laid out by the FDA and the rising need for promising medical facilities are contributing towards the rising demand for sophisticated packaging among the consumers. Market intelligence solutions help medical packaging companies to determine relevant market opportunities and make accurate and confident decisions, “says an expert at Infiniti Research.

 Request your FREE brochure today!

The solution offered helped the medical packaging client to identify the niche market segments and tailor their products and marketing efforts around the customer’s needs. With the help of the solution, the client was able to increase medical awareness and improve the demand for better healthcare and medical facilities.

Additional Benefits of The Market Segmentation Solution

  • Assess the preferences of the customers and offer products to suit their
  • Meet the growing medical demands by bringing about cost-effectiveness in their service offerings
  • To know more, request a free proposal

To know more about how our market intelligence solution helped the medical packaging clientAsk an analyst


Market Intelligence

Infiniti’s Supplier Identification and Profiling Helps a Medical Packaging Client Improve Supply Relationship

According to a recent research report, the medical packaging industry is expected to grow from 35.31 Billion USD in 2016 to 50.55 Billion USD by 2022.

Over the past few years, factors like increase in disposable income, changes in lifestyle, and relative advances in medical technology across the globe are fueling the demand for the medical packaging industry. Medical packaging plays a vital role in preserving the health-based outcomes. As a result, firms operating in the medical packaging space are emphasizing the use of modern technologies to improve the quality and cost-effectiveness of the products offered. Additionally, the regulatory concerns laid out by the FDA and the rising need for superior medical packaging facilities are contributing to the growth of this industry.

However, a few factors are expected to hinder the growth of the medical packaging industry in the coming years. These factors include:

  • Rising environmental issues: Today, companies within the medical packaging space need to ensure that the regulatory requirements are met before supplying the products to the end-users due to the stringent regulations by governments across the globe. Additionally, the rising environmental concerns are compelling medical packaging manufacturers to reduce pollution while managing the reduction of waste.
  • Fluctuating raw material prices: The medical packaging industry is facing constant pressures to maintain safety and stability in the products being offered even with fluctuations in the prices of these products. Additionally, the combination of economic uncertainty and price inflation is expected to pose a challenge on the medical packaging companies as it requires the use of several raw materials such as board, paper, and rigid plastics.

These factors are compelling firms across the medical packaging industry to leverage the use of robust supplier selection solutions. Supplier selection solutions help companies in profiling and shortlisting right suppliers from a pool of suppliers. IR_BrochureThese solutions also help firms carry out a robust selection process based on factors such as pricing, service, quality, reliability. Moreover, a reliable supplier selection engagement helps companies identify potential suppliers that can match their business requirements.

The Business Challenge

  • The Client: Medical packaging
  • Area of Engagement: Supplier identification and profiling

The client, a renowned company in the medical packaging space with business operations spread across the globe wanted to collect information from suppliers and set contract terms and negotiate with suppliers. Additionally, the client wanted to seek ways to define and measure the best value for the organization. With the help of supplier selection solution, they also wanted to understand the supplier characteristics and devise a scorecard to prioritize the needs of the customers.

Moreover, the primary objective of the client was to identify and profile potential suppliers and accordingly allocate resources to meet the business requirements.

Want more information about our supplier identification and profiling solutions?

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The Journey

Infiniti’s supplier selection specialists carried out extensive interviews and discussions with leading stakeholders within the medical packaging industry to identify the current suppliers. Additionally, the specialists also compiled information from a wide array of secondary sources such as paid industry database, company presentations, and industry forums to profile the competitor suppliers.

The Solution Benefits and the Business Impact

With the help of the supplier selection engagement, the medical packaging firm profiled the right suppliers based on their characteristics. Additionally, the engagement helped the client sought ways to improve the time-to-market for the products offering, drive customer demand, and build a strong brand reputation. The client was also able to prioritize the suppliers and increase their focus on high-risk suppliers while monitoring second-tier suppliers. This helped them measure supplier performance and understand the supplier strength and weaknesses to enhance supply chain visibility.

The Future

The medical packaging industry is expected to witness a gradual improvement in the raw materials used for the production of packaging materials. In the next few years, product offerings are expected to stronger, durable, and have a better design. Smart packaging, electronic tagging, and RFID technology are also likely to influence the growth of this industry.


A must-read case study for strategy specialists and decision makers looking to develop an understanding of the medical packaging industry

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Customer Engagement

Market Intelligence Helps a Renowned Medical Packaging Client Optimize their Marketing Campaigns to Address the Market Requirements

Recent insights highlight the fact that soft drinks will have the strongest performance when it comes to packaging.

In recent years, factors such as changes in lifestyle, increase in disposable income, and relative advances in medical technology are fueling the demand for medical packaging among the end-user segments. Since medical packaging plays a prominent role in preserving the health-based outcomes, organizations are emphasizing the use of modern technologies to improve the quality and cost-effectiveness of the products offered. In addition, the regulatory concerns laid out by the FDA and the rising need for promising medical facilities are contributing to the rising demand for sophisticated packaging among the consumers. Although the medical packaging market is witnessing promising growth, owing to the presence of a considerable number of players, several factors may influence the growth of the industry. They include:

Fluctuating raw material prices: In the medical devices sector, packaging requires the use of end raw materials such as paper, board, and rigid plastics. With the fluctuations in the prices of these products, the medical packaging industry is facing pressures to maintain stability and safety in the products being offered. Also, the combination of economic uncertainty and energy price inflation will have an adverse effect on the packaging companies.

Environmental issues: With the implementation of stringent regulations by the government, companies in the medical packaging industry need to ensure that the regulatory requirements are met before supplying the products to the end-users. Also, the rising environmental concerns are further forcing the manufacturers to reduce pollution while managing the reduction of waste.

To gain a summary of the latest trends and lucrative business expansion opportunities, organizations are leveraging market intelligence solutions. Market intelligence refers to the information relevant to the company’s market, which helps in determining relevant market opportunities and making accurate and confident decisions. A precise view of the market can help customers record, analyze, and interpret information about the company’s markets, competitors, and the customers.IR_Brochure

The Business Challenge

  • The client: A renowned medical packaging client
  • Area of engagement: Market intelligence

The client, a renowned medical packaging manufacturer in the US, wanted to gain insights into the market size calculations, competitor analysis, and substitute products. With the help of market intelligence, the client wanted to gain accurate and precise information on the market’s growth potential and the possible ways to increase revenues, profits, and market shares. The client wanted to meet the growing medical demands by bringing about cost-effectiveness in their service offerings. Moreover, the medical packaging supplier wanted to penetrate niche target segments and minimize the risk of investments being made.

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Our Journey

To ascertain the demand for the products and offer reliable product offerings in the market, the market intelligence experts at Infiniti carried out extensive research, comprising of interviews and discussions with prominent stakeholders in the medical packaging space. To profile the competitors, the experts also compiled information from a wide array of proprietary sources such as paid industry databases, trade shows, government regulatory bodies, and company presentations in the medical packaging space.

The Solution Benefits and the Business Impact

The market intelligence solution offered by Infiniti assisted the medical packaging client in identifying the niche market segments and tailor products and marketing efforts around the customer’s needs. The client was able to increase the need for medical awareness and improve the demand for better healthcare and medical facilities. Moreover, the medical packaging client was able to segment the market on the basis of the material, packaging types, and region, and adequately meet the business requirements of the target audience. In addition, the market intelligence solution also assessed the preferences of the customers and offer products based on their requirements.

The Future

The medical packaging industry will witness a gradual improvement in the raw materials used for the production of packaging materials. The products will be more durable, stronger, and will have a better design. The industry is also expected to witness advances in technologies in terms of smart packaging, electronic tagging, and RFID technology.


A must-read case study for strategy specialists and decision makers looking to develop an understanding of the packaging industry

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Top 3 Technologies Disrupting the Smart Packaging Solutions Sector

In recent times, packaging has evolved from being a protective barrier for a product to a tool for marketing communications. With constant innovation in technology, packaging is expected to be much more than a protective barrier or a marketing tool. Manufacturers have been focusing on using advanced technologies to provide enhanced functionality – a term known as smart packaging. Smart packaging solutions can be utilized either as an active packaging, providing functionality such as moisture and oxygen control, or intelligent packaging, which indicates status or communicates product changes along with other information. Smart packaging solutions have the potential to positively change the way consumers interact with the product and simplify things.

Here are some of the trends in the smart packaging industry:IR_Brochure

Smart Labels and IoT integration
Smart labels eliminate the need for embedding costly sensors to the product to track vital information regarding location, temperature, movement, and moisture. For instance, a company called ThinFilm has created printed electronics that can be attached to any products to provide real-time information so that the company can check product’s freshness and prevent spoilage.

Augmented Reality in Smart Packaging Solutions
The game Pokémon GO gave much-needed acknowledgment to the augmented reality technology. Much like discovering Pokémon in a real-life map, AR technologies can project vital product information like item tag, order status, stock levels, and delivery destination with the help of an HUD display or a smartphone.

OLED Flexible Display Technology in Smart Packaging Solutions
Although this technology seems too futuristic to be used in the packaging sector, companies are making significant efforts to build prototypes that can incorporate flexible energy efficient display in packaging. A pioneer in this field, VTT Technologies of Finland, is investing heavily in its OLED technology to enable a lean and agile production of custom size and shaped display and signage elements at a meager cost. Such a technology has the potential to create products with interactive packaging and illumination that can attract customers in a retail store.

Get in touch with industry experts to know more trends in the smart packaging solutions and gaining market intelligence regarding the packaging sector.

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Market Analysis Enables a Chemical Supplier to Understand the Comparative Prices of the Material Alternatives

Despite the use of polystyrene for advanced packaging and storage systems in food products, most packaged food products are prone to infestation by insects and pests. Consequently, major fast food outlets around the world have leveraged the use of products such as drinking cups, plates, and bowls, which are made up of materials such as foam, rigid polypropylene, and paper. However, owing to its negative effects such as poor recycling capabilities, negative health impact, and adverse effect on the quality, the use of polystyrene hascapture come under legislative regulations. To combat the use of polystyrene, manufacturers in the market have started utilizing polypropylene in food packaging, medical packaging, and many consumer and industrial applications. Characteristics such as transparency, moisture barrier, formidability, and superior heat resistance associated with the product are driving the adoption of polypropylene in the food service market. With years of expertise in carrying out effective market analysis for a plethora of clients, Infiniti’s industry experts offer strategic insights into the market landscape in terms of end users, challenges, and potential prospects for sustainable growth.

The Business Challenge

A leading manufacturer of polyethylene and polypropylene products was facing challenges understanding the potential of its new product in the target region. The client also wanted to understand the use of drinking cups for both hot and cold drinks, evaluate the key end user market drivers, and assess the future prospects for the sustainable growth of PP (polypropylene) in North America.

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Our Research Methodology

To gain strategic insights into the market landscape, Infiniti’s industry experts carried out extensive primary research comprising of telephonic, online, and face-to-face interviews. As a part of secondary research, the experts collated information from proprietary sources such as paid industry databases, media platforms, news aggregators, industry forums, and company presentations.

As a research provider of choice to more than 55 Fortune 500 clients and other leading firms in the world, we at Infiniti have successfully executed a number of customer, market and competitive assessment studies within the chemical, plastic, food and allied industries for our global clients and believe that we are uniquely positioned to understand and address the current research requirement of the client.

Our Market Analysis Solutions Helped the Client

  • Develop a robust substitution market strategy by replacing existing products
  • Assess the application potential of the high-melt strength polypropylene in the food service market
  • Identify factors for sustainable growth and end-user market drivers
  • Identify food service companies and potential customers using hot and cold beverage cups

Benefits of Our Integrated Approach

In just seven weeks, the market analysis assessment helped the client understand the comparative prices of the material alternatives and identify the aspects related to sustainability including the environment, energy usage, light weighting, recycling, and carbon foot print. The market analysis study also brought into limelight the end users and their expectation on environmental legislation such as health, recycling, and re-usability of recycled material.

A must-read market analysis case study for strategy experts and decision makers looking to understand the market landscape for PP products.

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