Asia Pacific Sharps Containers Market Forecast to 2030 - Regional Analysis - by Product, Usage, Waste Type, Waste Generators, Container Size, and Distribution Channel

List of Tables

The Asia Pacific sharps containers market is expected to grow from US$ 133.10 million in 2022 to US$ 203.52 million by 2030. It is estimated to grow at a CAGR of 5.5% from 2022 to 2030.

Increasing Government Initiatives for Safe Sharps Disposal Fuels Asia Pacific Sharps Containers Market

Today, safe practices related to the handling and disposal of sharp healthcare instruments are being implemented to protect staff, patients, and visitors from exposure to bloodborne infections. In addition, concerned authorities, such as National Health Service (NHS) and Food and Drug Administration (FDA), have taken sharps disposal initiatives to reduce the risks involved. The waste is classified as biomedical waste, which includes items that can pierce the skin, such as blades, needles, syringes, lancets, knives, scissors, broken glass, and sharp plastic. The ultimate goal of sharps waste management is to carefully handle and treat sharp materials until disposal.

Government agencies make the necessary efforts to implement guidelines for the effective disposal of medical waste. The World Health Organization (WHO) and other regulatory agencies worldwide have established standard guidelines for the disposal and management of biomedical waste. All pharmaceutical companies, research institutes, hospitals, and other healthcare providers must comply with governing body guidelines. Manufacturers are also required to follow certain guidelines when manufacturing sharps containers.

Therefore, the increase in initiatives and guidelines by regulatory agencies for the safe disposal of sharps is expected to provide growth opportunities for the Asia Pacific sharps containers market.

Asia Pacific Sharps Containers Market Overview

The Asia Pacific sharps containers market is segmented into China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific. The large population countries such as China and India are expected to boost the Asia Pacific sharps containers market owing to increased focus of market players on these regions and introduction of new products or therapies in the country. With strong business prospects in Asia Pacific, companies focus on expanding product portfolios, diversifying business operations, minimizing overall costs, and providing maximum user satisfaction. The rapid prevalence of diabetes and rising incidence of skin rejuvenation through cosmetic procedures to improve aesthetic appeal are a few factors expected to positively impact the market growth over the forecast period. Additionally, a strong product pipeline portfolio and future commercialization of sharps containers are expected to provide a future growth opportunity for market players in Asia Pacific. Therefore, the region holds a huge potential for Asia Pacific sharps containers market players.

Asia Pacific Sharps Containers Market Revenue and Forecast to 2030 (US$ Million)

Asia Pacific Sharps Containers Market Segmentation

The Asia Pacific sharps containers market is segmented into product, usage, waste type, waste generators, container size, distribution channel, and country.

Based on product, the Asia Pacific sharps containers market is segmented into multipurpose containers, patient room containers, and phlebotomy containers. The multipurpose containers segment held the largest share of the Asia Pacific sharps containers market in 2022.

Based on usage, the Asia Pacific sharps containers market is segmented into reusable containers and disposable containers. The reusable containers segment held a larger share of the Asia Pacific sharps containers market in 2022.

Based on waste type, the Asia Pacific sharps containers market is segmented into infectious waste and non-infectious waste. The infectious waste held a larger share of the Asia Pacific sharps containers market in 2022.

Based on waste generators, the Asia Pacific sharps containers market is segmented into hospitals, pharmaceutical companies, laboratories, clinics & physician's offices, and others. The hospitals held the largest share of the Asia Pacific sharps containers market in 2022.

Based on container size, the Asia Pacific sharps containers market is segmented into 1-3 gallons, 4-6 gallons, 7-8 gallons, and others. The 1-3 gallons held the largest share of the Asia Pacific sharps containers market in 2022.

Based on distribution channel, the Asia Pacific sharps containers market is segmented into medical supply companies, pharmacies, online sale, and others. The medical supply companies held the largest share of the Asia Pacific sharps containers market in 2022.

Based on country, the Asia Pacific sharps containers market is segmented int o China, Japan, India, South Korea, Australia, and the Rest of South Korea. China dominated the Asia Pacific sharps containers market in 2022.

Stericycle Inc, Dailymag Magnetic Technology Ltd, GPC Medical Ltd, and Becton Dickinson and Co are some of the leading companies operating in the Asia Pacific sharps containers market.

Reasons to Buy:

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific Sharps Containers Market.
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific Sharps Containers Market, thereby allowing players across the value chain to develop effective long-term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.

Product Code: BMIRE00029168

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Asia Pacific Sharps Containers Market Landscape

4.1 Overview
4.2 PEST Analysis
- 4.2.1 Asia Pacific PEST Analysis

5. Asia Pacific Sharps Containers Market - Key Industry Dynamics

5.1 Key Market Drivers:
- 5.1.1 Increase in Generation of Medical Waste
- 5.1.2 Rise in Hospitalizations in Private and Public Hospitals Globally
5.2 Market Restraints
- 5.2.1 Lack of Awareness About Proper Methods of Sharps Waste Containment and Disposal
5.3 Market Opportunities
- 5.3.1 Increasing Initiatives and Guidelines by Regulatory Agencies for Safe Sharps Disposal
5.4 Future Trends
- 5.4.1 Growing Use of Multipurpose Containers
5.5 Impact Analysis:

6. Sharps Containers Market - Asia Pacific Market Analysis

6.1 Asia Pacific Sharps Containers Market Revenue (US$ Million), 2022 - 2030

7. Asia Pacific Sharps Containers Market - Revenue and Forecast to 2030 - by Product

7.1 Overview
7.2 Asia Pacific Sharps Containers Market Revenue Share, by Product 2022 & 2030 (%)
7.3 Multipurpose Containers
- 7.3.1 Overview
- 7.3.2 Multipurpose Containers: Asia Pacific Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
7.4 Patient Room Containers
- 7.4.1 Overview
- 7.4.2 Patient Room Containers: Asia Pacific Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
7.5 Phlebotomy Containers
- 7.5.1 Overview
- 7.5.2 Phlebotomy Containers: Asia Pacific Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)

8. Asia Pacific Sharps Containers Market - Revenue and Forecast to 2030 - by Usage.

8.1 Overview
8.2 Asia Pacific Sharps Containers Market Revenue Share, by Usage 2022 & 2030 (%)
8.3 Reusable Containers
- 8.3.1 Overview
- 8.3.2 Reusable Containers: Asia Pacific Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
8.4 Disposable Containers
- 8.4.1 Overview
- 8.4.2 Disposable Containers: Asia Pacific Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)

9. Asia Pacific Sharps Containers Market - Revenue and Forecast to 2030 - by Waste Type

9.1 Overview
9.2 Asia Pacific Sharps Containers Market Revenue Share, by Waste Type 2022 & 2030 (%)
9.3 Infectious Waste
- 9.3.1 Overview
- 9.3.2 Infectious Waste: Asia Pacific Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
9.4 Non-Infectious Waste
- 9.4.1 Overview
- 9.4.2 Non-Infectious Waste: Asia Pacific Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)

10. Asia Pacific Sharps Containers Market - Revenue and Forecast to 2030 - by Waste Generators

10.1 Overview
10.2 Asia Pacific Sharps Containers Market Revenue Share, by Waste Generators 2022 & 2030 (%)
10.3 Hospitals
- 10.3.1 Overview
- 10.3.2 Hospitals: Asia Pacific Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
10.4 Pharmaceutical Companies
- 10.4.1 Overview
- 10.4.2 Pharmaceutical Companies: Asia Pacific Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
10.5 Laboratories
- 10.5.1 Overview
- 10.5.2 Laboratories: Asia Pacific Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
10.6 Clinics & Physician's Offices
- 10.6.1 Overview
- 10.6.2 Clinics & Physician's Offices: Asia Pacific Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
10.7 Others
- 10.7.1 Overview
- 10.7.2 Others: Asia Pacific Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)

11. Asia Pacific Sharps Containers Market - Revenue and Forecast to 2030 - by Container Size

11.1 Overview
11.2 Asia Pacific Sharps Containers Market Revenue Share, by Container Size 2022 & 2030 (%)
11.3 1-3 Gallons
- 11.3.1 Overview
- 11.3.2 1-3 Gallons: Asia Pacific Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
11.4 4-6 Gallons
- 11.4.1 Overview
- 11.4.2 4-6 Gallons: Asia Pacific Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
11.5 7-8 Gallons
- 11.5.1 Overview
- 11.5.2 7-8 Gallons: Asia Pacific Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
11.6 Others
- 11.6.1 Overview
- 11.6.2 Others: Asia Pacific Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)

12. Asia Pacific Sharps Containers Market - Revenue and Forecast to 2030 - by Distribution Channel

12.1 Overview
12.2 Asia Pacific Sharps Containers Market Revenue Share, by Waste Type 2022 & 2030 (%)
12.3 Medical Supply Companies
- 12.3.1 Overview
- 12.3.2 Medical Supply Companies: Asia Pacific Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
12.4 Pharmacies
- 12.4.1 Overview
- 12.4.2 Pharmacies: Asia Pacific Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
12.5 Online Sales
- 12.5.1 Overview
- 12.5.2 Online Sales: Asia Pacific Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
12.6 Others
- 12.6.1 Overview
- 12.6.2 Others: Asia Pacific Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)

13. Asia Pacific Sharps Containers Market - Country Analysis

13.1 Asia Pacific Sharps Containers Market, Revenue And Forecast to 2030
- 13.1.1 Overview
  - 13.1.1.1 Asia Pacific Sharps Containers Market by Country
  - 13.1.1.2 China
    - 13.1.1.2.1 Overview
    - 13.1.1.2.2 China: Asia Pacific Sharps Containers Market Revenue and Forecast to 2030 (US$ Million)
    - 13.1.1.2.3 China: Asia Pacific Sharps Containers Market, by Product
    - 13.1.1.2.4 China: Asia Pacific Sharps Containers Market, by Usage
    - 13.1.1.2.5 China: Asia Pacific Sharps Containers Market, by Waste Type
    - 13.1.1.2.6 China: Asia Pacific Sharps Containers Market, by Waste Generators
    - 13.1.1.2.7 China: Asia Pacific Sharps Containers Market, by Container Size
    - 13.1.1.2.8 China: Asia Pacific Sharps Containers Market, by Distribution Channel
  - 13.1.1.3 Japan
    - 13.1.1.3.1 Overview
    - 13.1.1.3.2 Japan: Asia Pacific Sharps Containers Market Revenue and Forecast to 2030 (US$ Million)
    - 13.1.1.3.3 Japan: Asia Pacific Sharps Containers Market, by Product
    - 13.1.1.3.4 Japan: Asia Pacific Sharps Containers Market, by Usage
    - 13.1.1.3.5 Japan: Asia Pacific Sharps Containers Market, by Waste Type
    - 13.1.1.3.6 Japan: Asia Pacific Sharps Containers Market, by Waste Generators
    - 13.1.1.3.7 Japan: Asia Pacific Sharps Containers Market, by Container Size
    - 13.1.1.3.8 Japan: Asia Pacific Sharps Containers Market, by Distribution Channel
  - 13.1.1.4 India
    - 13.1.1.4.1 Overview
    - 13.1.1.4.2 India: Asia Pacific Sharps Containers Market Revenue and Forecast to 2030 (US$ Million)
    - 13.1.1.4.3 India: Asia Pacific Sharps Containers Market, by Product
    - 13.1.1.4.4 India: Asia Pacific Sharps Containers Market, by Usage
    - 13.1.1.4.5 India: Asia Pacific Sharps Containers Market, by Waste Type
    - 13.1.1.4.6 India: Asia Pacific Sharps Containers Market, by Waste Generators
    - 13.1.1.4.7 India: Asia Pacific Sharps Containers Market, by Container Size
    - 13.1.1.4.8 India: Asia Pacific Sharps Containers Market, by Distribution Channel
  - 13.1.1.5 Australia
    - 13.1.1.5.1 Overview
    - 13.1.1.5.2 Australia: Asia Pacific Sharps Containers Market Revenue and Forecast to 2030 (US$ Million)
    - 13.1.1.5.3 Australia: Asia Pacific Sharps Containers Market, by Product
    - 13.1.1.5.4 Australia: Asia Pacific Sharps Containers Market, by Usage
    - 13.1.1.5.5 Australia: Asia Pacific Sharps Containers Market, by Waste Type
    - 13.1.1.5.6 Australia: Asia Pacific Sharps Containers Market, by Waste Generators
    - 13.1.1.5.7 Australia: Asia Pacific Sharps Containers Market, by Container Size
    - 13.1.1.5.8 Australia: Asia Pacific Sharps Containers Market, by Distribution Channel
  - 13.1.1.6 South Korea
    - 13.1.1.6.1 Overview
    - 13.1.1.6.2 South Korea: Asia Pacific Sharps Containers Market Revenue and Forecast to 2030 (US$ Million)
    - 13.1.1.6.3 South Korea: Asia Pacific Sharps Containers Market, by Product
    - 13.1.1.6.4 South Korea: Asia Pacific Sharps Containers Market, by Usage
    - 13.1.1.6.5 South Korea: Asia Pacific Sharps Containers Market, by Waste Type
    - 13.1.1.6.6 South Korea: Asia Pacific Sharps Containers Market, by Waste Generators
    - 13.1.1.6.7 South Korea: Asia Pacific Sharps Containers Market, by Container Size
    - 13.1.1.6.8 South Korea: Asia Pacific Sharps Containers Market, by Distribution Channel
  - 13.1.1.7 Rest of Asia Pacific
    - 13.1.1.7.1 Overview
    - 13.1.1.7.2 Rest of Asia Pacific: Asia Pacific Sharps Containers Market Revenue and Forecast to 2030 (US$ Million)
    - 13.1.1.7.3 Rest of Asia Pacific: Asia Pacific Sharps Containers Market, by Product
    - 13.1.1.7.4 Rest of Asia Pacific: Asia Pacific Sharps Containers Market, by Usage
    - 13.1.1.7.5 Rest of Asia Pacific: Asia Pacific Sharps Containers Market, by Waste Type
    - 13.1.1.7.6 Rest of Asia Pacific: Asia Pacific Sharps Containers Market, by Waste Generators
    - 13.1.1.7.7 Rest of Asia Pacific: Asia Pacific Sharps Containers Market, by Container Size
    - 13.1.1.7.8 Rest of Asia Pacific: Asia Pacific Sharps Containers Market, by Distribution Channel

14. Asia Pacific Sharps Containers Market, Key Company Profiles

14.1 Stericycle Inc
- 14.1.1 Key Facts
- 14.1.2 Business Description
- 14.1.3 Products and Services
- 14.1.4 Financial Overview
- 14.1.5 SWOT Analysis
- 14.1.6 Key Developments
14.2 Dailymag Magnetic Technology Ltd
- 14.2.1 Key Facts
- 14.2.2 Business Description
- 14.2.3 Products and Services
- 14.2.4 Financial Overview
- 14.2.5 SWOT Analysis
- 14.2.6 Key Developments
14.3 GPC Medical Ltd
- 14.3.1 Key Facts
- 14.3.2 Business Description
- 14.3.3 Products and Services
- 14.3.4 Financial Overview
- 14.3.5 SWOT Analysis
- 14.3.6 Key Developments
14.4 Becton Dickinson and Co
- 14.4.1 Key Facts
- 14.4.2 Business Description
- 14.4.3 Products and Services
- 14.4.4 Financial Overview
- 14.4.5 SWOT Analysis
- 14.4.6 Key Developments

15. Appendix

15.1 About Us
15.2 Glossary of Terms