[Latest] Global Pharmaceutical Glass Ampoules Market Size/Share Worth 15.96 Billion by 2030 at a 10.5% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth, Growth Rate, Value)

[200+ Pages Latest Report] According to a market research study published by Custom Market Insights, the demand analysis of the Global Pharmaceutical Glass Ampoules Market size & share revenue was valued at approximately USD 6.0 Billion in 2021 and is expected to reach USD 7.2 Billion in 2022 and is expected to reach around USD 15.96 Billion by 2030, at a CAGR of 10.5% between 2022 and 2030. The key market players listed in the report with their sales, revenues and strategies are 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.


Austin, TX, USA, March 22, 2023 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled “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 2022–2030” in its research database.

“According to the latest research study, the demand for global Pharmaceutical Glass Ampoules Market size & share was valued at approximately USD 6.0 Billion in 2021 and is expected to reach USD 7.2 Billion in 2022 and is expected to reach a value of around USD 15.96 Billion by 2030, at a compound annual growth rate (CAGR) of about 10.5% during the forecast period 2022 to 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.

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Market Dynamics

Drivers

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.

Restraints

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.

(A free sample of the Pharmaceutical Glass Ampoules report is available upon request; please contact us for more information.)


Our Free Sample Report Consists of the following:

  • Introduction, Overview, and in-depth industry analysis are all included in the 2022 updated report.
  • The COVID-19 Pandemic Outbreak Impact Analysis is included in the package
  • About 220+ Pages Research Report (Including Recent Research)
  • Provide detailed chapter-by-chapter guidance on the Request
  • Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2022
  • Includes Tables and figures have been updated
  • The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis 
  • Custom Market Insights (CMI) research methodology

(Please note that the sample of the Pharmaceutical Glass Ampoules report has been modified to include the COVID-19 impact study prior to delivery.)

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Opportunities

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.

Challenges

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.

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Report Highlights

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.

Key questions answered in this report:

  • What is the size of the Pharmaceutical Glass Ampoules market and what is its expected growth rate?
  • What are the primary driving factors that push the Pharmaceutical Glass Ampoules market forward?
  • What are the Pharmaceutical Glass Ampoules Industry's top companies?
  • What are the different categories that the Pharmaceutical Glass Ampoules Market caters to?
  • What will be the fastest-growing segment or region?
  • In the value chain, what role do essential players play?
  • What is the procedure for getting a free copy of the Pharmaceutical Glass Ampoules market sample report and company profiles?

Key Offerings:

  • Market Share, Size & Forecast by Revenue | 2022−2030
  • Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
  • Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by Regions
  • Competitive Landscape – Top Key Vendors and Other Prominent Vendors

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Regional Snapshots

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.

Report Scope

Feature of the ReportDetails
Market Size in 2021USD 6.0 billion
Projected Market Size in 2030USD 15.96 billion
CAGR Growth Rate10.5% CAGR
Base Year2021
Forecast Period2022-2030
Prominent PlayersNipro 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
Key SegmentBy Product Type, capacity, and Region
Report CoverageRevenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors, and Recent Trends
Regional ScopeNorth America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying OptionsRequest tailored purchasing options to fulfill your requirements for research.

Market Players 

  • 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.

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Recent Developments

  • 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
  • Others

By Capacity

  • Up to 2 milliliters
  • 3 to 5 milliliters
  • 6 to 8 milliliters
  • Above 8 milliliters

Click Here to Access a Free Sample Report of the Global Pharmaceutical Glass Ampoules Market @ https://www.custommarketinsights.com/report/pharmaceutical-glass-ampoules-market/

On the basis of Geography

North America

  • The U.S.
  • Canada
  • Mexico

Europe

  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific

The Middle East & Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa

Latin America

  • Brazil
  • Argentina
  • Rest of Latin America

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This Pharmaceutical Glass Ampoules Market Research/Analysis Report Contains Answers to the following Questions.

  • Which Manufacturing Technology is used for Pharmaceutical Glass Ampoules? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
  • Who Are the Global Key Players in This Pharmaceutical Glass Ampoules Market? What are Their Company Profile, Product Information, and Contact Information?
  • What Was the Global Market Status of the Pharmaceutical Glass Ampoules Market? What Was the Capacity, Production Value, Cost and PROFIT of the Pharmaceutical Glass Ampoules Market?
  • What Is the Current Market Status of the Pharmaceutical Glass Ampoules Industry? What's Market Competition in This Industry, Both Company and Country Wise? What's Market Analysis of Pharmaceutical Glass Ampoules Market by Considering Applications and Types?
  • What Are Projections of the Global Pharmaceutical Glass Ampoules Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports?
  • What Is Pharmaceutical Glass Ampoules Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
  • What Is the Economic Impact On Pharmaceutical Glass Ampoules Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
  • What Are Market Dynamics of Pharmaceutical Glass Ampoules Market? What Are Challenges and Opportunities?
  • What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Pharmaceutical Glass Ampoules Industry?

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Reasons to Purchase Pharmaceutical Glass Ampoules Market Report

  • Pharmaceutical Glass Ampoules Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.
  • Pharmaceutical Glass Ampoules Market report outlines market value (USD) data for each segment and sub-segment.
  • This report indicates the region and segment expected to witness the fastest growth and dominate the market.
  • Pharmaceutical Glass Ampoules Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.
  • The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
  • Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
  • The Industry's current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions.
  • Pharmaceutical Glass Ampoules Market Includes in-depth market analysis from various perspectives through Porter's five forces analysis and provides insight into the market through Value Chain.

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Reasons for the Research Report

  • The study provides a thorough overview of the global Pharmaceutical Glass Ampoules market. Compare your performance to that of the market as a whole.
  • Aim to maintain competitiveness while innovations from established key players fuel market growth.

What does the report include?

  • Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Pharmaceutical Glass Ampoules market analysis.
  • The competitive environment of current and potential participants in the Pharmaceutical Glass Ampoules market is covered in the report, as well as those companies' strategic product development ambitions.
  • According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.
  • For each segment mentioned above, actual market sizes and forecasts have been given.

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Who should buy this report?

  •  Participants and stakeholders worldwide Pharmaceutical Glass Ampoules market should find this report useful. The research will be useful to all market participants in the Pharmaceutical Glass Ampoules industry.
  •  Managers in the Pharmaceutical Glass Ampoules sector are interested in publishing up-to-date and projected data about the worldwide Pharmaceutical Glass Ampoules market.
  •  Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Pharmaceutical Glass Ampoules products' market trends.
  •  Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans. 

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