Segments - Middle East & Africa Ampoules Packaging Market by Materials (Glass and Plastic) and Geographies (Saudi Arabia, Israel, United Arab Emirates, South Africa, and Rest of Middle East and Africa) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023-2031
The Middle East and Africa ampoules packaging market was USD XX Billion in 2022 and is likely to reach USD XX Billion by 2031, expanding at a CAGR of 6.5% during 2023–2031. The growth of the market is attributed to the increasing focus on healthcare and growing research regarding coronavirus (COVID-19) vaccine.
Ampoules packaging is a small plastic or glass plastic vessel or vial, which is used in the storage of medication that are in liquid and capsules form. The vials are utilized in various industries such as pharmaceutical and biopharmaceutical.
Rapid growth of the pharmaceutical industry in South Africa has increased the demand for proper packaging solutions. This is primarily due to the sensitive nature of drugs, which if exposed to any exterior environment can lose their therapeutic or medicinal properties. Hence, it is mandatory for pharmaceutical companies to use proper packaging material to preserve the pharmaceutical products.
The Middle East also depicts huge potential for the pharmaceutical industry's growth. The region possess several opportunities for the ampoules manufacturers. This is due to the support by government state bodies, which in turn, has increased investments in the ampoules packaging market.
The introduction of stringent laws to enhance the quality and integrity of domestically manufactured drugs is increasing the demand for ampoules packaging for pharmaceutical products. Thus, such factor is expected to positively influence the market growth.
Increasing demand for liquid form drugs for direct inhalation and for the production of the medicines is expected to rise the demand for the drug delivery devices. This, in turn, is anticipated to boost the Middle East & Africa ampoules packaging market.
Increasing packaging costs owing to stringent administrative measures, administrative consistent norms, and ecological concerns can restrain the growth of the market.
Ongoing developments in the pharmaceutical industry in the region is expected to create lucrative opportunities for the existing as well as new market players.
The report on the Middle East and Africa 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 |
Middle East & Africa Ampoules Packaging Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2022 |
Historic Data |
2016–2021 |
Forecast Period |
2023-2031 |
Segmentation |
Materials (Glass and Plastic) |
Geographic Scope |
Saudi Arabia, Israel, United Arab Emirates, South Africa, and Rest of Middle East and Africa |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report |
Syntegon Technology GmbH, SCHOTT AG, Gerresheimer AG, Adelphi Group (Adelphi Healthcare Packaging), and DWK Life Sciences Ltd. |
Based on material, the market is segregated into glass and plastic. The glass segment is expected to expand at a significant CAGR during the forecast period. This is due to its increasing use as a primary packaging material in the pharmaceutical packaging for injection drugs due to its various benefits.
Glass ampoules packaging is a preferred choice for primary packaging of injectables, and hence they are widely adopted in the cost-sensitive market or the emerging markets such as the Middle East & Africa. These glass packaging is usually tamper-proof. On the other hand, the plastic segment is expected to grow at a steady rate during the forecast period.
Based on geographies, the market is divided into Saudi Arabia, Israel, United Arab Emirates, South Africa, and Rest of Middle East and Africa. South Africa is expected to hold a significant market share in the Middle East & Africa ampoules packaging market during the forecasted period. This is owing to the growing demand for proper packaging solutions for pharmaceutical products and rapid growth of the pharmaceutical industry in the country.
Some of the major players in the market are Syntegon Technology GmbH, SCHOTT AG, Gerresheimer AG, Adelphi Group (Adelphi Healthcare Packaging), and DWK Life Sciences Ltd.
The competitive landscape of the Middle East & Africa ampoules packaging market is highly consolidated due to the presence of few regional players, leading to a high concentration of the market share amongst these players. The market players strive to create a significant number of partnerships and collaborations with several organizations in the region to expand their market share.