Sterile Medical Packaging Companies, Stats and Analysis 2025-2035

Date : 13 November 2025

Sterile Medical Packaging Market Size and Companies

The sterile medical packaging market size is calculated at USD 63.85 billion in 2024 and is projected to reach around USD 182.13 billion by 2034. The market is expanding at a CAGR of 11.05% between 2024 and 2034.

Sterile Medical Packaging Market Top Companies

Sterile Medical Packaging Market Companies

  • Kruger Packaging
  • Crown Holdings, Inc
  • Ball Corporation
  • Amcor
  • Sealed Air Corporation
  • Crown Holdings, Inc
  • Smurfit Kappa
  • Mondi
  • Tetra Pak
  • ECO GEM BIO-TECH PVT LTD.
  • Prafal Agro LLP
  • SUNN BIOTECH SUSTAINABLE SOLUTIONS
  • Muhurat Mithaas

Financial Performance Report for Crown Holdings

Metric Q4 23 Q1 24 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 TTM
Total revenue 2.86 B 2.79 B 3.05 B 3.08 B 2.89 B 2.89 B 3.14 B 3.20 B 12.13 B
YoY growth −4.99% −6.32% −1.58% 0.62% 1.19% 3.66% 2.91% 3.96% —
Cost of goods sold −2.36 B −2.35 B −2.50 B −2.50 B −2.36 B −2.38 B −2.55 B −2.59 B −9.87 B
Gross profit 498.00 M 434.00 M 552.00 M 583.00 M 534.00 M 514.00 M 596.00 M 617.00 M 2.26 B
YoY growth 25.76% −2.47% 4.74% 10.42% 7.23% 18.43% 7.97% 5.83% —
Operating expenses (excl. COGS) −145.00 M −154.00 M −150.00 M −146.00 M −147.00 M −152.00 M −161.00 M −155.00 M −615.00 M
Operating income 353.00 M 280.00 M 402.00 M 437.00 M 387.00 M 362.00 M 435.00 M 462.00 M 1.65 B
YoY growth 36.29% −1.75% 6.07% 9.52% 9.63% 29.29% 8.21% 5.72% —
Non-operating income (total) −210.00 M −146.00 M −137.00 M −614.00 M 134.00 M −90.00 M −142.00 M −140.00 M −238.00 M
Pretax income 143.00 M 134.00 M 265.00 M −177.00 M 521.00 M 272.00 M 293.00 M 322.00 M 1.41 B
YoY growth −0.69% −16.77% 10.88% −170.24% 264.34% 102.99% 10.57% — —
Equity in earnings −6.00 M −1.00 M −4.00 M 6.00 M −1.00 M 1.00 M 1.00 M 1.00 M 2.00 M
Taxes −59.00 M −40.00 M −54.00 M 39.00 M −128.00 M −46.00 M −78.00 M −84.00 M −336.00 M
Non-controlling/minority interest −46.00 M −26.00 M −33.00 M −43.00 M −34.00 M −34.00 M −35.00 M −25.00 M −128.00 M
After tax other income/expense 0 0 0 0 0 0 0 0 —
Net income before discontinued operations 32.00 M 67.00 M 174.00 M −175.00 M 358.00 M 193.00 M 181.00 M 214.00 M 946.00 M
Discontinued operations 0 0 0 0 0 0 0 0 —
Net income 32.00 M 67.00 M 174.00 M −175.00 M 358.00 M 193.00 M 181.00 M 214.00 M 946.00 M
YoY growth −64.04% −34.31% 10.83% −210.06% 1018.75% 188.06% 4.02% — —
Dilution adjustment 0 0 0 0 0 0 0 0 —
Preferred dividends 0 0 0 0 0 0 0 0 —
Diluted net income available to common stockholders 32.00 M 67.00 M 174.00 M −175.00 M 358.00 M 193.00 M 181.00 M 214.00 M 946.00 M
Basic earnings per share (basic EPS) 0.27 0.56 1.45 −1.47 3.03 1.65 1.57 1.86 8.11
YoY growth −64.15% −34.53% 10.64% −210.25% 1030.06% 195.22% 7.90% — —
Diluted earnings per share (diluted EPS) 0.27 0.56 1.45 −1.47 3.02 1.65 1.56 1.85 8.08
YoY growth −64.12% −34.42% 10.64% −210.43% 1029.72% 194.94% 7.61% — —
Average basic shares outstanding 119.51 M 119.60 M 119.60 M 119.30 M 118.30 M 116.70 M 115.30 M 115.20 M —
Diluted shares outstanding 119.74 M 119.80 M 119.80 M 119.30 M 118.60 M 117.00 M 115.80 M 115.70 M —
EBITDA 480.00 M 395.00 M 517.00 M 551.00 M 491.00 M 472.00 M 549.00 M 578.00 M 2.09 B
YoY growth 28.69% −3.19% 2.58% 5.35% 2.29% 19.49% 6.19% 4.90% —
EBIT 353.00 M 280.00 M 402.00 M 437.00 M 387.00 M 362.00 M 435.00 M 462.00 M 1.65 B
YoY growth 36.29% −1.75% 6.07% 9.52% 9.63% 29.29% 8.21% 5.72% —
Total operating expenses −2.51 B −2.51 B −2.65 B −2.65 B −2.51 B −2.53 B −2.71 B −2.74 B −10.48 B

Latest Announcements by Market Leaders

  • In September 2023, Don Kennedy, Vice President of Sales and Marketing at Guardian Medical, “Minimal Footprint Packaging redefines how decisions are made about sterile packaging. Drawing inspiration from an industry that does an exceptional job at sizing implants for patients, we took that same approach and applied it to packaging with our CapSure system.”

Recent Developments

  • In February 2023, Eagle Medical Packaging Sterilization Inc., announced the launch of Novel Pre-Validated Packaging Solution.
  • In November 2024, Billerud, announced the launch of MediKraft SealBase, a new surface-treated medical paper.
  • In March 2024, STERIS, announced the launch of Verafit Sterilization Bags and Covers, which feature a new, patent-pending viewing window to visually inspect and confirm the dryness of a sterilized part.