Ampoules Market Growth, Forecast 2021-2028

 

Ampoules Market

The Ampoules Market is anticipated to grow at a significant CAGR during the forecast period (2021-2028).

The factors driving the growth of Ampoules Market includes increasing use of ampoules in the end-use industries such as Food & Beverage, and Pharmaceutical and rise in the number of chronic diseases such as Diabetes and high Blood Pressure around the world. According to the report published by World Health Organization (WHO), almost 1.5 million people globally died due to diabetes in 2019 and the number of people suffering from diabetes worldwide is estimated to rise from 463 million to 700 million by the end of 2045, which is pushing the companies to use parental packaging. Moreover, emerging demand for biologics and vaccines, growing popularity of injection therapies, rising emphasis on improving the packaging practices and increasing production of plastic vials, are some of the additional factors supplementing the Ampoules Market Growth. In addition, the rising awareness amongst consumers about contamination-free dosing, increasing investments by leading players on research and development, growing geriatric population and rapid urbanization, are further contributing to the market growth.

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However, the growth of Ampoules Market is hindered attributed to growing concerns about the dumping of ampoules.

The prominent players operating in the market are Nipro, Crestani s.r.l., Pacific Vials Manufacturing Inc., J.Penner Corporation, James Alexander Corporation, SGD SA, Gerresheimer AG, Borosil, Schott AG and Stevanato Group, among others.

Material – Segment Analysis

Based on Material, the Plastic segment is predicted to grow at a remarkable CAGR over the forecast period. The plastic materials are extensively used in packaging around the world, because they reduce the production costs, minimizes drug inefficiency along with rise in the number of chronic diseases and increasing geriatric population, are some of the factors responsible for the growth of the segment.

End-use Industry – Segment Analysis

Based on End-Use Industry, the pharmaceutical segment is projected to expand at a significant CAGR during the forecast period. Strict regulations imposed by Government for producing enhanced quality of drugs and rising concerns related to transportation of medicines, are some of the factors augmenting the segment’s growth.

Regional – Segment Analysis

As per the Ampoules Market Trends, the North American region is estimated to capture a sizeable market share over the forecast period. Presence of the leading pharmaceutical companies such as Johnson & Johnson, Novartis, and Pfizer, rise in the cases of hypertension and cancer, increasing Government expenditure on healthcare sector and high per capita incomes, are some of the important factors propelling the market growth in North America.

Market Segmentation

Global Ampoules Market by Material

  • Glass
  • Plastic

Global Ampoules Market by End-use Industry

  • Food & Beverage
  • Chemical
  • Personal Care & Cosmetics
  • Pharmaceutical
  • Others

Global Ampoules Market by Capacity

  • Less than 2 ml
  • 3 to 5 ml
  • 6 to 8 ml
  • Above 8 ml

Global Ampoules Market by Region

  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of APAC
  • North America
    • United States of America
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Rest of Europe
  • RoW
    • Brazil
    • South Africa
    • Saudi Arabia
    • UAE

About GMI Research

GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.

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