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.
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 |
Details |
Report Title |
Ampoules Packaging Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2020 |
Historic Data |
2018–2019 |
Forecast Period |
2021–2028 |
Segmentation |
Material (Glass & Plastic), End-user Industry (Pharmaceutical, Personal Care & Cosmetic) |
Regional Scope |
North America, Europe, United Kingdom, France, Germany, and Rest of Europe |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report |
Schott AG.; Gerresheimer AG.; James Alexander Corporation.; ESSCO Glass.; Stevanato Group |
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.
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.
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.
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
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
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