Report Description
The ampoules packaging market size was valued at USD 4.1 billion in 2020, and is expected to reach USD 6.27 billion by 2028, expanding at a CAGR of 7.4% during the forecast period, 2021–2028. The growth of market is attributed to high demand for pharmaceutical product packaging that is tamper-proof.
An ampoule is a tiny sealed glass or plastic vial used to store and preserve a sample, which is generally a solid or liquid. The pharmaceutical, personal care, and cosmetic sectors all employ ampoules packaging. Ampoule’s packaging is primarily used to protect liquids or solutions from impurities such as air.
The COVID-19 pandemic has negative impact on the ampoules packaging market, globally, owing to supply chain interruptions, and as a result of delayed manufacturing. The circumstances, however, shifted dramatically. For example, FEVE (Federation of European Glass Container and Machine-Made Glass) called on authorities to acknowledge the vital role of container glass production, and then led to manufacturing consistency across all plants to serve people with food, drinks, and pharmaceutical items.
Market Trends, Drivers, Restraints, and Opportunities
- High frequency of infectious illnesses, a spike in government attempts to boost the usage of generic goods, and government funding to open a generic medical shop, is projected to drive the market.
- Plastic ampoules can be efficiently stored, shipped, filled, and administered safely following stringent regulatory standards, which is projected to drive the market.
- Regulatory and advisory groups that regulate vaccination quality and safety, governments from both developed and developing nations, and pooled procurement agencies are projected to boost the market.
- By therapeutic requirements such as liquid/semisolid drug doses are commonly utilized in children, so need for plastic packaging is increases, which is projected to drive the market.
- Recyclability increased the value of glass as a commodity, which is projected to fuel the market.
Ampoules Packaging Market Scope
The report on the ampoules packaging market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
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Details
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Report Title
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Ampoules Packaging Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2020
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Historic Data
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2018–2019
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Forecast Period
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2021–2028
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Segmentation
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Material (Glass & Plastic), End-user Industry (Pharmaceutical, Personal Care & Cosmetic)
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Regional Scope
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North America, Europe, United Kingdom, France, Germany, and Rest of Europe
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Schott AG.; Gerresheimer AG.; James Alexander Corporation.; ESSCO Glass.; Stevanato Group
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Ampoules Packaging Market Segment Insights
The plastic segment is expected to grow at a rapid pace
Based on materials, the ampoules’ packaging market is bifurcated into glass and plastic.
The plastic segment is expected to grow at a rapid pace during the forecast period due to increasing demand for plastic ampoules by pharmaceutical sector. Barriers to moisture, high dimensional stability, high impact strength, resistance to strain, minimal water absorption, transparency, heat & flame resistance, and the extension of expiration dates and also rising need for low-cost packaging is a major driver of the market.
On the other hand, customers are increasingly choosing single dosage parenteral packaging over multi-dose packing. Plastic ampoules have predetermined doses, which assist pharmaceutical businesses keep prices down by eliminating medication overfill and production inefficiencies. As a result, firms dealing with expensive pharmaceuticals benefit from the usage of plastic ampoules.
The pharmaceutical segment is projected to expand at a considerable CAGR
On the basis of end-users, the market is segregated into pharmaceutical, personal care, and cosmetic.
The pharmaceutical segment is projected to expand at a considerable CAGR during the forecast period owing to high use of ampoules in pharmaceutical industries due to fluctuating raw material prices and government regulations.
Latin America is anticipated to constitute a key market share
In terms of regions, the ampoules’ packaging market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa.
Latin America is expected to constitute a key share of the market during the projected period because the nations are taking aggressive steps to prevent counterfeit medicines, vaccines, and medications from reaching consumers.
Brazil, for example, is one of the most important pharmaceutical markets in the area, with estimates indicating that it would become a worldwide player. Brazil's pharmaceutical industry is presently ranked sixth in the world, with a goal of being in the top five during forecast period.
Segments
The ampoules’ packaging market has been segmented on the basis of
Materials
End-users
- Pharmaceutical
- Personal Care
- Cosmetic
Regions
- North America
- Europe
- United Kingdom
- France
- Germany
- Rest of Europe
Key Players
Competitive Landscape
Key players competing in the ampoules packaging market include Schott AG.; Gerresheimer AG.; James Alexander Corporation.; ESSCO Glass.; Stevanato Group.
Some of these players are using several market strategies such as acquisitions, merger, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares and to generate revenue and raise their production line of the business in the coming years. For instance
- In April 2019 - As part of worldwide expansion plan, SCHOTT invested BRL 50 million in its pharmaceutical tubing manufacturing in Rio de Janeiro. As the need for glass tubing in the pharmaceutical industry grows, SCHOTT is helping to make 100% inspection of glass tubing to detect probable faults.
- Gerresheimer spent EUR 40-70 million on a new facility in Skopje, the capital of North Macedonia, marking the company's first in South-Eastern Europe. Prior to adding prefillable glass syringe lines, the factory is anticipated to first make medical plastic ampoules.
Table Of Content
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Ampoules Packaging Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Ampoules Packaging Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Ampoules Packaging Market - Supply Chain
4.5. Global Ampoules Packaging Market Forecast
4.5.1. Ampoules Packaging Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Ampoules Packaging Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Ampoules Packaging Market Absolute $ Opportunity
5. Global Ampoules Packaging Market Analysis and Forecast by End Users
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by End Users
5.2.2. Y-o-Y Growth Projections by End Users
5.3. Ampoules Packaging Market Size and Volume Forecast by End Users
5.3.1. Pharmaceutical
5.3.2.
Personal Care
5.3.3.
Cosmetic
5.4. Absolute $ Opportunity Assessment by End Users
5.5. Market Attractiveness/Growth Potential Analysis by End Users
6. Global Ampoules Packaging Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Ampoules Packaging Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Ampoules Packaging Demand Share Forecast, 2019-2026
7. North America Ampoules Packaging Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Ampoules Packaging Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Ampoules Packaging Market Size and Volume Forecast by End Users
7.4.1. Pharmaceutical
7.4.2.
Personal Care
7.4.3.
Cosmetic
7.5. Basis Point Share (BPS) Analysis by End Users
7.6. Y-o-Y Growth Projections by End Users
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Ampoules Packaging Demand Share Forecast, 2019-2026
8. Latin America Ampoules Packaging Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Ampoules Packaging Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Ampoules Packaging Market Size and Volume Forecast by End Users
8.4.1. Pharmaceutical
8.4.2.
Personal Care
8.4.3.
Cosmetic
8.5. Basis Point Share (BPS) Analysis by End Users
8.6. Y-o-Y Growth Projections by End Users
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Ampoules Packaging Demand Share Forecast, 2019-2026
9. Europe Ampoules Packaging Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Ampoules Packaging Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Ampoules Packaging Market Size and Volume Forecast by End Users
9.4.1. Pharmaceutical
9.4.2.
Personal Care
9.4.3.
Cosmetic
9.5. Basis Point Share (BPS) Analysis by End Users
9.6. Y-o-Y Growth Projections by End Users
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Ampoules Packaging Demand Share Forecast, 2019-2026
10. Asia Pacific Ampoules Packaging Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Ampoules Packaging Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Ampoules Packaging Market Size and Volume Forecast by End Users
10.4.1. Pharmaceutical
10.4.2.
Personal Care
10.4.3.
Cosmetic
10.5. Basis Point Share (BPS) Analysis by End Users
10.6. Y-o-Y Growth Projections by End Users
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Ampoules Packaging Demand Share Forecast, 2019-2026
11. Middle East & Africa Ampoules Packaging Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Ampoules Packaging Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Ampoules Packaging Market Size and Volume Forecast by End Users
11.4.1. Pharmaceutical
11.4.2.
Personal Care
11.4.3.
Cosmetic
11.5. Basis Point Share (BPS) Analysis by End Users
11.6. Y-o-Y Growth Projections by End Users
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Ampoules Packaging Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Ampoules Packaging Market: Market Share Analysis
12.2. Ampoules Packaging Distributors and Customers
12.3. Ampoules Packaging Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Schott AG.
12.4.2.
Gerresheimer AG.
12.4.3.
James Alexander Corporation
12.4.4.
ESSCO Glass
12.4.5.
Stevanato Group