Global Ampoules Packaging Market is valued at approximately USD 4.40 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 7.4% over the forecast period 2023-2030. Ampoules packaging is a small sealed glass or plastic sealed container used to store and preserve a sample, generally a solid or liquid. The packaging for ampoules is used in the pharmaceutical, personal care, and cosmetic sectors. Ampoules packaging is typically used to protect liquids and solutions from air and pollutants. Ampoules are becoming increasingly popular in the pharmaceutical industry due to rise in viral infections and illnesses, the market for medications and vaccinations is expanding. The growth in safety standards in the pharmaceutical packaging business is also driving the market. The growth of the market can be attributed to factors such as increasing demand for packaged medicines and advancements in technologies, which are driving up product innovation and giving rise to new ampoules packaging designs.
High demand from the pharmaceutical sector combined with widespread use of generic injectable medications is expected to propel market expansion. According to Statista in 2021, the overall worldwide pharmaceutical market was predicted to be 1.48 trillion US dollars in 2022. This is a marginal gain from 2021 when the market was valued at 1.42 trillion US dollars. The pharmaceutical industry has a significant impact on obtaining individuals prescriptions and spendings for pharmaceuticals. Additionally, a number of new prospects, such as the increased use of oral pills packed in small bottles, are likely to spur growth in the small-sized bottle market. However, the high production cost of Ampoules packaging stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Ampoules Packaging Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022 owing to the fast expansion of the customer base and expenditure. Increased chronic disease prevalence, increased healthcare knowledge, and growing income levels are predicted to support the expansion of Asia Pacific developing markets. As a consequence of improved knowledge, governments in the Asia Pacific area are expanding their private and public healthcare coverage. Initiatives by governments in developing countries to support affordable generic drugs and reduce healthcare costs might result in a considerable rise in the volume of pharmaceutical products. . North America is expected to grow significantly during the forecast period, owing to the region’s increasing allergies and health infections, which leads to an increase in the number of pharmaceuticals and vaccines. Furthermore, rising government spending on healthcare is spurring industry expansion.
Major market player included in this report are:
Schott AG
Gerresheimer AG
Stevanato Group
ESSCO Glass
AAPL Solutions Pvt Ltd.
Global Pharmatech Pvt Ltd
James Alexander Corporation
Solopharm Company
J, Penner Corporation
Nipro Pharma Packaging International NV
Recent Developments in the Market:
Ø In August 2021, Serum Institute of India, India’s largest vaccine and biologics maker, acquired a 50% share in the Indian packaging joint venture SCHOTT Kaisha. The collaboration between Germany’s SCHOTT AG and Indian business Kaisha produces pharmaceutical packaging items such as vials, syringes, ampoules, and cartridges used to package life-saving drugs.
Ø In May 2021, Nipro Pharma Packaging, located in Japan, purchased Croatian glass pharmaceutical packaging producer Piramida. Piramida’s facilities were modernized, eight new manufacturing lines were added, and the ampoules and vials business expanded significantly under the control of Blue Sea Capital’s private equity firm. As a result, the firm was listed among the top five largest ampoule makers in the European market for the pharmaceutical sector.
Global Ampoules Packaging Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Material, End User, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Material:
Glass
Plastic
By End-user:
Pharmaceutical
Personal Care and Cosmetic
Other
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa