Ampoules Packaging Market Size, Growth Rate, Trends, Analysis, Future scope, Size, Share, Forecast to 2022
Ampoules Packaging Market Overview
The global Ampoules Packaging Market Size is assessed to ascend at a lucrative CAGR over the forecast period. Attributable factors for such growth include rising safety regulations in the medical packaging industry and increasing demand for drugs and vaccines. Growing number of diseases and viral infections are bound to push the growth of the Ampoules Packaging Market Size exponentially. However, fragility of glass ampoules is expected to pose as a market restraint over the review period.
Market Segmentation
The Ampoules Packaging Market Size is segmented on the basis of materials, applications, and region. Based on material, the global Ampoules Packaging Market Size is segmented into plastic and glass. Glass segment is expected to witness significant growth over the coming years. This can be owed to the fact that medication is only in contact with glass and 100% tamper-proof, encouraging the adoption of such ampoules packaging. Further, in case of chemotherapy, traditional chemotherapeutic agents which are cytotoxic in nature, require glass ampoules. Rising prevalence of cancer is pushing the adoption of glass ampoules during the review period.
Based on application, the global Ampoules Packaging Market Size is segmented into personal care, pharmaceuticals, and chemicals. Ampoules packaging has found significant application in the pharmaceutical industry. Ascending prevalence of viruses and illnesses is expected to promote the demand for ampoules packaging in the pharmaceutical sector, to meet the rising demand for medicines and drugs.
Key Players
Some of the vital players present in the global Ampoules Packaging Market Size include
- Gerresheimer AG (Germany)
- Penner Corporation (U.S.)
- James Alexander Corporation (U.S.)
- Amposan S.A. (Argentina)
- Hindusthan National Glass & Industries Limited (India)
- Schott AG (Germany)
- Adelphi Healthcare Packaging (U.K.)
- Sandfire Scientific Ltd. (U.S.)
- Solopharm Company (Russia).
Industry Update
August 2019: MartiDerm is a Barcelona-based skincare company which is soon launching its products in the US with smart aging dermatological products. These products are packaged using glass ampoules packaging.
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