According to Custom Market Insights (CMI), The Global Pharmaceutical Glass Ampoules Market size was worth around USD 6.0 billion in 2021 and is predicted to grow to around USD 15.96 billion by 2030 with a compound annual growth rate (CAGR) of roughly 10.5% between 2022 and 2030.
As the number of vaccination programs has increased in recent years, the demand for glass ampoules has also increased. Even though the need for these ampoules had significantly risen, there were concerns about the potential breakage. Packaging vaccines in glass ampoules is a significant concern in the healthcare industry. Silica is used in manufacturing glass ampoules, and the pharmaceutical industry uses materials like aluminosilicate glass.
Browse the full “Pharmaceutical Glass Ampoules Market Size, Trends and Insights By Product Type (Open funnel, Closed funnel, Straight stem, Others), By capacity (Up to 2 milliliters, 3 to 5 milliliters, 6 to 8 milliliters, Above 8 milliliters), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2023–2032” report at https://www.custommarketinsights.com/report/pharmaceutical-glass-ampoules-market/
For packaging, custom-made polyvinyl chloride trays made of plastic are used to prevent any damage or breakage to the ampoules to provide the best quality products to the consumers. Recycling and recovery have been considered the primary objective of many pharmaceutical companies that deal with packaging and are spending loads of money to recycle such substances to help protect the ecosystem and the environment.
The pandemic outbreak had a considerable impact on the growth of the pharmaceutical glass ampoules market of the increased number of blood tests and a vast supply of vaccines that had taken place during the post-pandemic, which helped the need to record a considerable revenue over the period and is expected to continue similarly during the future as well. Therefore, these multiple reasons have emerged as the driving forces for the market’s growth.
The high cost associated with the packaging and transportation of pharmaceutical glass ampoules has imposed a significant challenge on the market’s growth, making the conditions difficult for emerging companies and challenging their growth considerably.
The various cheaper alternatives available in the healthcare sector have emerged as a major restraining factor for the pharmaceutical glass ampoules market growth. Therefore, these multiple reasons have emerged as the restraining factors for developing the pharmaceutical glass ampoules market during the forecast period.
The significant number of people suffering from diseases worldwide has emerged as a major growth factor for the pharmaceutical glass ampoules market. It is expected to continue similarly to the rising number of people belonging to the geriatric population. In addition, the pandemic outbreak had a considerable impact on the growth of the pharmaceutical glass ampoules market because of the vast number of blood tests that healthcare workers prescribed; hence, the demand and supply for pharmaceutical glass ampoules increased considerably.
The increasing demand for high-quality pharmaceutical glass ampoules, which are resistant to breakage and damage, is also proving to be a significant opportunity for the growth of the pharmaceutical ampoules market. Furthermore, the post-pandemic period also proved to be a substantial opportunity for the development of the need for rising awareness regarding health among the people, which encourages them to opt for multiple blood tests and routine checkups and increases the demand and supply of pharmaceutical glass ampoules.
One of the significant challenges that the industry faces is that of product recalls. When it comes to the nations in the North American region, glass breakages are extremely common, due to which many products have been placed. Due to the increasing issues associated with using the syringe, the recalls have increased. In addition, the high cost associated with the transportation facilities available for pharmaceutical glass ampoules has emerged as a significant challenge to the market’s growth.
Based on product type, the segment of the funnel type of pharmaceutical glass ampoules has emerged as the most significant global market for the increasing demand for such medical equipment in the healthcare industry due to the various advantages that it provides the sector with. Based on Capacity, the 6 ml to 8 ml segment has emerged as the most significant global market due to the increasing demand for this particular size of glass ampoules.
It is the most commonly utilized size of glass ampule that is demanded in the healthcare sector, and hence it experiences steady growth. Based on geography, the region of North America has emerged as the largest Pharmaceutical Glass Ampoules market for pharmaceutical glass ampoules because of the significant number of hospitals in this region that carry out numerous blood tests.
The North American region had the largest Pharmaceutical Glass Ampoules market share in the past and will continue to grow well in the coming years. The healthcare infrastructure in the North American region is highly developed, so the demand for an ambulance will grow in the coming years. In addition, the period in the past, the demand for vaccines had increased to a great extent due to the outbreak of the COVID-19 pandemic, and the need for glass ampoules had also increased.
The presence of the market players in this region will help create awareness regarding the benefits associated with the use of glass ampoules as they prevent the contamination of the drugs. Several blood tests, as the consumers in these regions, are highly aware of their health. The number of tests conducted to detect different types of diseases and to prevent the risks associated with their further development will lead to market growth in the coming years. Apart from the market of glass ampoules in the North American region, there shall be substantial growth even in the Asia Pacific region.
As the population in the Asia Pacific region has become health-conscious, the demand for glass ampoules will continue to grow. India provides 50% of the vaccines which are demanded across the globe, and the packaging of these vaccines will lead to the consumption of glass ampoules to a great extent in this region. The manufacturers of these glass ampoules in India and many such nations in the Asia Pacific region will drive the Pharmaceutical Glass Ampoules market growth.
|Feature of the Report
|Market Size in 2021
|USD 6.0 Billion
|Projected Market Size in 2030
|USD 15.96 Billion
|CAGR Growth Rate
|10.5% CAGR (2022-2030)
|Nipro PharmaPackaging, SCHOTT AG, Linuo Glassworks Group, Gerresheimer AG, Shandong Pharmaceutical Glass Co. Ltd., Zhengchuan Pharmaceutical Packaging Co. Ltd., APPL Solutions, Lutz Packaging GmbH, Pharma Glas GmbH, Accu-Glass LLC, Birgi Mefar Group, SGD S.A., Klasspack Pvt. Ltd., and Others
|By Product Type, capacity, and Region
|Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors, and Recent Trends
|North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
|Request tailored purchasing options to fulfill your requirements for research.
- Nipro PharmaPackaging
- SCHOTT AG
- Linuo Glassworks Group
- Gerresheimer AG
- Shandong Pharmaceutical Glass Co. Ltd.
- Zhengchuan Pharmaceutical Packaging Co. Ltd.
- APPL Solutions
- Lutz Packaging GmbH
- Pharma Glas GmbH
- Accu-Glass LLC, among others
- Birgi Mefar Group
- SGD S.A.
- Klasspack Pvt. Ltd.
- Gerresheimer has developed another manufacturing unit which is helping it to increase its production capacity, which took place around 2019. It will mainly manufacture ampoules for pharmaceutical applications.
Segments covered in the report
By Product Type
- Open funnel
- Closed funnel
- Straight stem
- Up to 2 milliliters
- 3 to 5 milliliters
- 6 to 8 milliliters
- Above 8 milliliters
On the basis of Geography
- The U.S.
- The UK
- Rest of Europe
- South Korea
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- Rest of Latin America