Summary
Global Ampoules Packaging Market Segments, Opportunities, Size, Share, Growth, Trends, by Material (Glass, and Plastic), By Application (Pharmaceuticals, Personal Care, Chemical and others) and By Region - Global Forecast To 2022
Ampoules Packaging Market Overview
Ampoules are referred to vials that are sealed for the preservation of solid or liquid drugs against contamination. Packaging of drugs is a vital process owing to its complex molecular structure used in the formulation of such drugs. Therefore, there is a need to package these drugs in materials that are durable and maintain the sterility of the drugs. Ampoules are usually used to pack injection drugs. Ampoules are either made of glass or plastics.
Ampoules are used primarily in pharmaceutical and cosmetic industries. The packaging process of ampoules contains seven to eight stages. The very first step of packaging ampoules is the washing. After the washing, the ampoules are sterilized and de-pyrogenated. After this, the ampoules are filled and sealed. These procedures are followed by keeping the cGMP and FDA regulations in mind. After the ampoules are sealed, they are labeled and packed in cartons. Post cartooning, the end-of-line packaging processes are followed.
The global ampoules packaging market 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 exponentially. However, fragility of glass ampoules is expected to pose as a market restraint over the review period.
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Key Players
Some of the vital players present in the global ampoules packaging market 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.
Market Segmentation
The ampoules packaging is segmented on the basis of materials, applications, and region. Based on material, the global ampoules packaging market 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 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.
Detailed Regional Analysis
The global ampoules packaging market is studied for the regional segments of North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America is expected to dictate the global ampoules packaging market over the assessment period. This can be accredited to the increasing allergies and health infections in the region. This is bound to lead to a rise in the demand for drugs and vaccines in the region. In turn, the demand for ampoules packaging for such drugs is projected to rise to a great extent.
However, Latin America and Asia Pacific are expected to witness the fastest growth during the forecast period. Countries residing in Latin America are working proactively towards the reduction of counterfeit medicines, vaccines, and drugs from reaching consumers. Moreover, rising geriatric population in Latin America is fostering the growth of the regional ampoules packaging market to a great extent.
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