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Global Glass Bottle for Vaccine Use Market Projected to Reach USD 7.39 Billion by 2032, Driven by Rising Demand for Innovative Packaging and Prevalence of Infectious Diseases

07-05-2024 12:56 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Dataintelo

/ PR Agency: Dataintelo
Dataintelo

Dataintelo

The Global Glass Bottle for Vaccine Use Market is exhibiting robust growth trends, from USD 4.53 Billion in 2023, it is set to catapult to an estimated USD 7.39 Billion by 2032. The projected growth trajectory, amounting to an impressive CAGR of 5.59% from 2024-2032, is primarily due to the escalated demand for innovative packaging solutions coupled with a steady rise in the prevalence of infectious diseases.

Growing consciousness about the necessity of reliable and effective means of vaccine storage is expected to boost the market for glass bottles. Glass bottles have been proven to offer superior chemical stability and impermeability as compared to other material options. This ensures that the integrity of the vaccine remains unimpaired.

Healthcare providers and pharmaceutical companies around the globe are prioritizing these desirable attributes in order to maintain the efficacy of the vaccines, particularly in regions where storage conditions vary significantly. The preference for glass bottles endorses their integral role in maintaining the vaccine supply chain. This growing preference demonstrates the critical role of glass bottles in the vaccine supply chain

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐Ÿ๐ซ๐ž๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/468635

๐“๐ก๐ข๐ฌ ๐ข๐ฌ ๐จ๐ง๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ฆ๐จ๐ฌ๐ญ ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐š๐ง๐ ๐œ๐จ๐ฏ๐ž๐ซ ๐ญ๐ก๐ž ๐Ÿ๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐  ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ๐ฌ:

The glass bottle for vaccine use market has been segmented on the basis of๐‘๐š๐ฐ ๐Œ๐š๐ญ๐ž๐ซ๐ข๐š๐ฅ
โ— High Density Polyethylene
โ— Low Density Polyethylene
โ— Polypropylene

๐“๐ฒ๐ฉ๐ž
โ— Multi Dose Vials
โ— Single Dose Vials

๐„๐ง๐-๐ฎ๐ฌ๐ž๐ซ
โ— Pharmaceutical Labs
โ— Research Institutions
โ— Vaccine Manufacturers

๐‚๐š๐ฉ๐š๐œ๐ข๐ญ๐ฒ
โ— Less than 5ml
โ— 5ml-30ml
โ— 30ml-50ml
โ— More than 50ml

๐’๐ญ๐ž๐ซ๐ข๐ฅ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง
โ— Heat
โ— Chemical
โ— Radiation

๐‘๐ž๐ ๐ข๐จ๐ง
โ— Asia Pacific
โ— North America
โ— Latin America
โ— Europe
โ— Middle East & Africa

๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ
โ— Alpha Packaging
โ— ๐€๐ฆ๐œ๐จ๐ซ ๐ฉ๐ฅ๐œ
โ— APG Pharma B.V.
โ— ๐€๐ซ๐๐š๐ ๐ก ๐†๐ซ๐จ๐ฎ๐ฉ ๐’.๐€.
โ— Becton, Dickinson and Company
โ— Bormioli Pharma S.p.a
โ— Clondalkin Group Holdings B.V.
โ— DWK Life Sciences
โ— EmpireEMCO Inc.
โ— Gerresheimer AG
โ— Heinz-Glas GmbH & CO.KGaA
โ— NIPRO
โ— Nipro Corporation
โ— OMP Verpackungen GmbH
โ— Orora Ltd
โ— Owens Illinois Inc.
โ— SCHOTT AG
โ— SGD Pharma
โ— Stevanato Group
โ— West Pharmaceuticals Services Inc.

Segment Analysis:

The glass bottle for vaccine use market has been categorized based on several factors such as raw material, type, end-user, capacity, sterilization, and key players. By raw material, the market can be bifurcated into High Density Polyethylene, Low Density Polyethylene, and Polypropylene. The type of glass bottle varies between multi dose vials and single dose vials. Additionally, the key players in this market include renowned names like Alpha Packaging, Amcor plc, Gerresheimer AG amongst others.

On the basis of end-user, the market is divided between pharmaceutical labs, research institutions, and vaccine manufacturers. The volume capacity of these glass bottles also ranges from less than 5ml to more than 50ml. Sterilization methods for these bottles could be via heat, chemical, or radiation. Each of these segments offers its own unique contributions and challenges to the overall glass bottle market for vaccine use, influencing the decision-making of key players and end-users.

Regional Analysis:

Geographically, the market for glass bottles for vaccine use is spread across regions like Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa. Among these, North America maintains a dominant position due to the high demand from the robust pharmaceutical sector and advanced medical research institutions. The demand in the Asia Pacific region is also on the rise due to increased healthcare spending, growing pharmaceutical industry, and robust vaccine manufacturing capabilities.

Europe represents a significant share of the market owing to the presence of leading glass bottle manufacturers and advanced healthcare infrastructure. Meanwhile, the market growth in Latin America and the Middle East & Africa region remains promising due to rising health awareness, increasing expenditure on healthcare infrastructure, and the growing focus on medical research and vaccine development. Across all regions, the glass bottle for vaccine use market remains driven by global health emergencies, increasing demand for vaccines, and advancements in pharmaceutical packaging

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐Ÿ๐ซ๐ž๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/468635

Market Drivers:

1. Increasing vaccine production: The on-going global pandemic has lit a fire under all vaccine producers, prompting them to increase their output. This has led to an increased demand for glass bottles, driving the market.

2. Strict regulation by regulatory body: Regulatory bodies like the FDA and EMA have stringent regulations regarding packaging for pharmaceuticals and vaccines. Glass bottles are often the packaging choice due to their sterility and ease of inspection.

3. Long-term storage: Glass bottles are an ideal choice for long-term storage of vaccines, as they don't interact with the vaccine, unlike some plastic containers.

4. Sustainable packaging: With a global shift towards sustainability, glass presents a more eco-friendly option than plastic, providing a boost to the market.

Opportunities:

1. Technological advancement: There are opportunities in technological advancements in glass production and packaging, making it more efficient and cost-effective.

2. Developing markets: Emerging economies are investing heavily in healthcare infrastructure, including immunization programs. This poses a significant opportunity for the growth of the glass bottle for vaccine use market.

3. Growing pharmaceutical industry: The pharmaceutical industry's growth augurs well for this market as more medicines and vaccines mean more need for glass bottles.

4. Personalized medicine and gene therapy: The rise in personalized medicine and gene therapy also presents new opportunities, as these often require specific storage conditions that glass bottles can provide.

5. Single-dose vials: The growing preference for single-dose vials for vaccine delivery to reduce wastage also presents an opportunity for market growth

๐˜๐จ๐ฎ ๐œ๐š๐ง ๐๐ข๐ซ๐ž๐œ๐ญ๐ฅ๐ฒ ๐›๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐ซ๐จ๐ฆ: https://dataintelo.com/checkout/468635

This report should be purchased by entrepreneurs, business strategists, corporate executives, investors, and anyone with a keen interest in understanding the dynamics of the industry under discussion. It's also beneficial for market researchers, industry experts, financial analysts, and members of academic institutions conducting relevant research.

Dataintelo proves to be a superlative source for market research reports. They offer a comprehensive range of syndicated and personalized research reports across various industries. Dataintelo excels in accurate forecasting and providing cutting-edge analytical insights. One of the significant features is that it ensures the confidentiality of the client's data. The firm is known for its rigorous multi-check data validation process that upholds the quality of the research reports. They provide data-driven strategic inputs that are actionable and reliable. Their market reports come with 24/7 customer support service to assist clients with both pre-sales and post-sales queries

Contact Us :
Dataintelo
Name - Alex Mathews
Phone No.: +1 909 414 1393
Email - sales@dataintelo.com
Website - https://dataintelo.com
Address - 500 East E Street, Ontario, CA 91764, United States.

๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐œ๐š๐ง ๐›๐ž ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐ž๐ ๐š๐ฌ ๐ฉ๐ž๐ซ ๐ฒ๐จ๐ฎ๐ซ ๐ง๐ž๐ž๐.

๐„๐ฆ๐š๐ข๐ฅ ๐ฎ๐ฌ ๐จ๐ง - ๐ฌ๐š๐ฅ๐ž๐ฌ@๐๐š๐ญ๐š๐ข๐ง๐ญ๐ž๐ฅ๐จ.๐œ๐จ๐ฆ

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๐ƒ๐š๐ญ๐š๐ข๐ง๐ญ๐ž๐ฅ๐จ boasts extensive experience in creating tailored Market research reports across diverse industry verticals. With in-depth Market analysis, creative business strategies for new entrants, and insights into the current Market scenario, our reports undergo intensive primary and secondary research, interviews, and consumer surveys.

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