Pharmaceutical Glass Ampoules Market - Global Industry Analysis

Pharmaceutical Glass Ampoules Market

Pharmaceutical Glass Ampoules Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2026

Category: Pharmaceutical Report Format : PDF Report Code: ZMR-6018 Status : Upcoming

Pharmaceutical Glass Ampoules Market

Description

Global Pharmaceutical Glass Ampoules Market: Overview

An ampoule is a sealed vial primarily used in the packaging of a drug which can be either a solid or liquid. Glass ampoules have become an important component in the pharmaceutical industry owing to their benefits. Glass ampoules are widely used in packaging for injectable drugs. Glass has several important characteristics owing to which it has been widely used in the fabrication of recipients for drugs and other sterile formulations. The pharmaceutical packaging process has seen many innovations in the past decade. Many key pharmaceutical players engaged in drug packaging are constantly focusing on minimizing the errors to ensure that the drug will reach the customers that are defect-free. Also, the medical regulatory authorities are primarily focusing on contamination-free packaging materials for drug delivery. Owing to this, glass ampoules are expected to witness a significant rise in demand over the forecast year.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Global Pharmaceutical Glass Ampoules Market: Growth Factors

The global pharmaceutical glass ampoules market is anticipated to witness healthy growth over the forecast period. Key factors that are contributing to the growth of the market include growing demand for inert material for drug packaging especially for sterile formulations, rapidly expanding pharmaceutical industry, and a large number of borosilicate glass vials manufacturers across the world. Most of the drug components require inert material for final packaging as other materials may interact with the drug and produce unexpected results, this is why the demand for glass ampoules has remained constant in the pharmaceutical market. Additionally, the pharmaceutical industry around the world is expanding at a rapid rate. Moreover, the easy availability of the ampoules owing to a large number of manufacturers around the world is expected to increase its demand over the forecast period. However, contamination issues related to glass particles may hamper the growth of the market. Glass particle contamination upon the opening of some types of ampoules is common, due to which many pharmaceutical players are shifting to pre-filled syringes. On the other side, with the growing demand for durable and eco-friendly drug packaging solutions, demand for glass ampoules is expected to increase in pharmaceutical files over the forecast period.

COVID-19 pandemic has moderately affected the growth of the global pharmaceutical glass ampoules market. The market experienced a slight decline in the year 2020 due to strict lockdown imposed by several governments to curb the spread of infection. However, continued demand by the pharmaceutical industry during the Covid-19 vaccine development processes and other life-saving drugs resumed the manufacturing of the glass ampoules. Further, the demand is expected to remain high over the forecast period.

Global Pharmaceutical Glass Ampoules Market: Segmentation

The global pharmaceutical glass ampoules market is classified based on capacity, product, and region. Based on the capacity, the global pharmaceutical glass ampoules market is fragmented into above 8ml, 6ml to 8ml, 3ml to 5ml, and up to 2ml. Based on the product, the global market is divided into closed funnel, open funnel, straight stem, and others.

Global Pharmaceutical Glass Ampoules Market: Regional Analysis

The global pharmaceutical glass ampoules market in Asia Pacific is expected to remain high over the forecast period. Major drug-producing countries in the region such as China and India are expected to drive the growth of the market in the Asia Pacific region. On the other side, North America is estimated to hold a significant share in the global pharmaceutical glass ampoules market over the forecast period. A large number of biopharmaceuticals companies in the region are expected to play a major role in the growth of the market in North America. Europe is also anticipated to contribute a significant share in the market in terms of revenue. Factors such as growing research activities on biological drugs are estimated to play a major role in the growth of the market in this region.

Global Pharmaceutical Glass Ampoules Market: Competitive Players

Some of the major players in the global pharmaceutical glass ampoules are Stevanato Group S.p.A., Zhengchuan Pharmaceutical Packaging Co., Ltd., Pharma-Glas GmbH, Shandong Pharmaceutical Glass Co. Ltd., Nipro PharmaPackaging International, Crestani S.R.L., Piramida d.o.o., Gerresheimer AG, Tvornica Farmaceutske Ambalaže D.O.O., and SCHOTT AG.

Global Pharmaceutical Glass Ampoules Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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FrequentlyAsked Questions

The global pharmaceutical glass ampoules market is anticipated to witness healthy growth over the forecast period. Key factors that are contributing to the growth of the market include growing demand for inert material for drug packaging especially for sterile formulations, rapidly expanding pharmaceutical industry and a large number of borosilicate glass vials manufacturers across the world. Furthermore, with the growing demand for durable and eco-friendly drug packaging solutions, demand for glass ampoules is expected to increase in pharmaceutical files over the forecast period.

Some of the major players in the global pharmaceutical glass ampoules are Stevanato Group S.p.A., Zhengchuan Pharmaceutical Packaging Co., Ltd., Pharma-Glas GmbH, Shandong Pharmaceutical Glass Co. Ltd., Nipro PharmaPackaging International, Crestani S.R.L., Piramida d.o.o., Gerresheimer AG, Tvornica Farmaceutske Ambalaže D.O.O., and SCHOTT AG.

The global pharmaceutical glass ampoules market in Asia Pacific is expected to remain high over the forecast period. Major drug-producing countries in the region such as China and India are expected to drive the growth of the market in the Asia Pacific region.

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