Ampoules Packaging Market 2022 Global Insights and Business Scenario – Schott AG, Gerresheimer AG, Stevanato Group, ESSCO Glass, AAPL Solutions

Market Insights Reports has added new statistical data to its repository titled as, Global Ampoules Packaging Market. It provides the industry overview with market growth analysis with a historical & futuristic perspective for the following parameters; cost, revenue, demands, and supply data (as applicable). Furthermore, the report also sheds light on technological platforms, in addition to distinctive tools, and methodologies that will help to propel the performance of industries. The Global Ampoules Packaging market report covers the post-COVID-19 impact on various regions and major countries and on the future development of the industry is pointed out.

The ampoules packaging market was valued at USD 4.1 billion in 2020, and it is expected to reach a value of USD 6.27 billion by 2026 at a CAGR of 7.4%, during the forecast period (2021-2026).  

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Top Key Players in the Global Ampoules Packaging Market are Schott AG, Gerresheimer AG, Stevanato Group, ESSCO Glass, AAPL Solutions, Global Pharmatech Pvt Ltd, James Alexander Corporation, Nipro Pharma Packaging International NV, and others.                                       

Industry News and Update:

- April 2019 - The technology group, SCHOTT, invested BRL 50 million in its pharmaceutical tubing production in Rio de Janeiro, as part of its global growth strategy. As the demand in pharmaceutical industries is increasing, SCHOTT is contributing to manufacture 100% inspection of glass tubing to detect possible defects.

- March 2019 - Gerresheimer invested EUR 40-70 million in the new plant in the North Macedonian capital of Skopje, first in South-Eastern Europe. The plant is expected to initially manufacture medical plastic ampoules, prior to adding prefillable glass syringes lines.

Key Market Trends:

Plastic Ampoules Packaging to Hold a Significant Share

- Demand for plastic ampoules is witnessing significant growth from the pharmaceutical industry, Features that led to increased pharmaceutical adoption are barrier against moisture, high dimensional stability, high impact strength, resistance to strain, low water absorption, transparency, resistance to heat and flame, and extension of expiry dates.? Moreover, the high demand for low-cost packaging is another significant driver to the same.
- Glass containers are characteristically fragile and have been found to cause concerns involving the drug and container interaction. These storage limitations have led to the growing interest in plastic ampoules that can be effectively filled, shipped, stored, and administered safely while following strict regulatory standards.
- With an increase in liquid dosage forms, the need for plastic packaging is on the rise. These are often the preferred choice for premium products that require extreme protection from foreign particle interference.
- Liquid/semisolid drug dosages are widely used for children for different medication needs. Children need smaller doses due to difficulty in swallowing tablets or capsules. Over the last few years, there has been increasing pressure to ensure that drugs are available in the form which is suitable for administration to children.?
- On the other hand, unit dose parenteral packaging as a choice for consumers over multi-dose packaging has been increasing. Plastic ampoules offer fixed dosages that help pharmaceutical companies control costs by reducing drug overfill and inefficiencies in the manufacturing process. Therefore, the use of plastic ampoules is particularly advantageous for companies dealing with costly drugs.
- For instance, in the United States, as per the Food and Drug Administration (FDA) regulations, unit dose plastic ampoules account for almost 24% for pharmaceutical packaging. The segment is expected to generate above-average growth opportunities to ampoule packaging.

Latin America To Show Significant Growth Over Long Term

- In Latin America, the market growth is impacted, as the countries are proactively working to reduce these counterfeit medicine, vaccines, and drugs from reaching the consumers.
- Brazil, for instance, is among the most prominent pharmaceutical markets in the region, with projections estimating it to emerge as a significant player on the global level. Brazil’s pharmaceutical business is now positioned as the sixth in the world and is projected to be in the top five, by 2021.
- Similarly, Mexico is globally positioned on 11th rank, on the list of countries in the pharmaceutical market. On the other hand, Argentina is considered the third-largest market in the region. These countries with the promising future of the pharmaceutical industry present a high opportunity for ampoules.

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This Global Ampoules Packaging Market report addresses:

– The Market size from 2016-2021

– Expected market growth until 2026

– Forecast of how market drivers, restraints, and future opportunities will affect

– Segment and regions that will drive or lead the market growth and why

– Comprehensive mapping of the competitive landscape

– In-depth analysis of key sustainability strategies adopted by market place.                              

Frequently Asked Questions about Global Ampoules Packaging market:

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