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2024 Nasal Spray Bottle Market Report : Market Size, Growth Drivers, And Key Trends | Amcor plc, Berry Global Inc., Catalent Inc., AptarGroup Inc., Gerresheimer AG, Silgan Dispensing Systems
Nasal Spray Bottle Global Market Report 2024
As per the report, the nasal spray bottle market size has grown strongly in recent years. It will grow from $14.88 billion in 2023 to $15.70 billion in 2024 at a compound annual growth rate (CAGR) of 5.5%. The nasal spray bottle market size is expected to see strong growth in the next few years. It will grow to $19.55 billion in 2028 at a compound annual growth rate (CAGR) of 5.6%.
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Rising Prevalence Of Allergic Rhinitis Drives Nasal Spray Bottle Market Growth
The rise in the prevalence of allergic rhinitis is expected to propel the growth of the nasal spray bottle market going forward. Allergic rhinitis refers to a condition when the immune system reacts excessively to airborne particles such as pollen, dust, or pet dander, leading to symptoms such as sneezing, a runny nose, and itchy eyes. The rise in allergic rhinitis is attributed to environmental pollution, climate change, urbanization, and lifestyle shifts, which increase exposure to allergens and pollutants. Increased cases of allergic rhinitis have boosted the demand for nasal spray bottles as individuals look for effective ways to alleviate symptoms, such as congestion and sneezing. These bottles deliver medications directly to the nasal passages, providing targeted relief from symptoms such as congestion, sneezing, and runny nose. For instance, in October 2023, according to the World Allergy Organization, a US-based international umbrella organization, allergic rhinitis impacts over 400 million people globally, with prevalence rates ranging from 10% to 30% in adults and exceeding 40% in children. Therefore, the rise in the prevalence of allergic rhinitis will drive the growth of the nasal spray bottle market.
Increasing Focus On Advancements In Nasal Spray Bottles
Major companies operating in the nasal spray bottle market are developing innovative solutions, such as metal-free pumps in nasal spray bottles, to enhance product safety, reduce the risk of contamination, and improve the overall user experience. A nasal spray bottle with a metal-free pump uses a dispensing system without metal components, minimizing contamination risks and allergic responses, thus enhancing safety. For instance, in January 2023, Aptar Pharma, a US-based drug delivery technology manufacturing company, launched APF Futurity, the first metal-free and multidose nasal spray pump designed for delivering nasal saline and similar over-the-counter (OTC) formulations. APF Futurity reduces the need for separation in recycling processes and supports the production of higher-quality recyclates because they are constructed from polyolefin materials and free of metal parts or recycling disruptors.
The nasal spray bottle market covered in this report is segmented -
1) By Product Type: Saline Nasal Spray, Decongestion Nasal Spray, Steroid Nasal Spray, Antihistamine Nasal Spray
2) By Container Design: Pump Bottles, Pressurized Canisters
3) By Dosage Form: Single-Dose, Bi-Dose, Multi-Dose
4) By End-Use: Pharmacy, Clinics, Hospitals, Home Caring
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Major companies operating in the nasal spray bottle market are Amcor plc, Berry Global Inc., Catalent Inc., AptarGroup Inc., Gerresheimer AG, Silgan Dispensing Systems, Weener Plastics, Nemera, SGD Pharma, Bona Pharma, M&H Plastics, Richmond Containers CTP Ltd., Aero Pump, XINJITAI Pte. Ltd., Gaplast, Medspray, URSATEC GmbH, Parekhplast, Coster Tecnologie Speciali S.p.A., Indian Harness, LINDAL Group
Contents of the report:
1. Executive Summary
2. Nasal Spray Bottle Market Report Structure
3. Nasal Spray Bottle Market Trends And Strategies
4. Nasal Spray Bottle Market - Macro Economic Scenario
5. Nasal Spray Bottle Market Size And Growth
…..
27. Nasal Spray Bottle Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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