Global Pharmaceutical Vials Market, By Material (Plastic, Glass, Others), Neck Type (Crimp Neck, Double Chamber, Screw Neck, Flip Cap, Others), Cap Size (13-425 MM, 15-425 MM, 18-400 MM, 22-350 MM, 24-400 MM, 8-425 MM, 9MM, Others), Market (Parenteral, Gastro, ENT, Others), Drug Type (Injectable, Non-Injectable), Capacity (1 ML, 2 ML, 3 ML, 4 ML, 8 ML, 10 ML, 20 ML, 30 ML, 50 ML, Others), Application (Nasal, Oral, Others), Distribution Channel (Direct Sales, Medical Stores/Pharmacies, E-Commerce, Others), End-User (Pharmaceutical Companies, Biopharmaceutical Companies, Contract Development and Manufacturing Companies, Compound Pharmacy, Others) – Industry Trends and Forecast to 2029
Market Analysis and Size
Pharmaceutical vials are a type of small containers which are used for the purpose of storing liquid medicines. They are being used as a scientific sample vessel for testing in labs that is also used in an auto sampler device. Pharmaceutical vials also help the person in consuming their medicines in the precise dosage and at the right time.
Data Bridge Market Research analyses that the global pharmaceutical vials market was valued at USD 13571.04 million in 2021 and is expected to reach USD 23934.78 million by 2029, registering a CAGR of 7.35 % during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD million, Volumes in Units, Pricing in USD
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Segments Covered
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Material (Plastic, Glass, Others), Neck Type (Crimp Neck, Double Chamber, Screw Neck, Flip Cap, Others), Cap Size (13-425 MM, 15-425 MM, 18-400 MM, 22-350 MM, 24-400 MM, 8-425 MM, 9MM, Others), Market (Parenteral, Gastro, ENT, Others), Drug Type (Injectable, Non-Injectable), Capacity (1 ML, 2 ML, 3 ML, 4 ML, 8 ML, 10 ML, 20 ML, 30 ML, 50 ML, Others), Application (Nasal, Oral, Others), Distribution Channel (Direct Sales, Medical Stores/Pharmacies, E-Commerce, Others), End-User (Pharmaceutical Companies, Biopharmaceutical Companies, Contract Development and Manufacturing Companies, Compound Pharmacy, Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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Schott AG (Germany), Nipro (Japan), Piramal Glass (India), Sisecam (Turkey), Owens-Illinois Inc. (US), Gerresheimer AG (Germany), Bormioli Pharma S.p.A (Italy), Ardagh Group S.A. (Luxembourg), West Pharmaceutical Services Inc. (US), STOELZLE GLASS GROUP (Austria), SGD Pharma (France), Shandong Qidu Pharmaceutical Co.,Ltd. (China), Corning Incorporated (US), DWK Life Sciences (US), Berry Global Inc (US), Airnov (US), Pacific Vial (US), Stevanato Group (Italy), Adelphi Healthcare Packaging (UK)
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Market Opportunities
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Market Definition
Vials are small containers or bottles made from either glass or plastic. They are used vials to store medicines in liquid form, and they can even store tablets or powders or tablets. Vials are used to carry multiple doses of drugs and normally larger in size. Vials are sealed with a rubber plug or screw on cap, which means they can be resealed and unsealed.
Pharmaceutical Vials Market Dynamics
Drivers
- Growing pharmaceutical industry
Rapidly growing pharmaceutical industry is driving the growth of the pharmaceutical vials market globally. The demand for pharmaceutical vials are rising mainly from densely populated countries. The growing demand of vials increases the pharmaceutical production in these countries and is further expected to increase the market's growth rate.
- High demand of glass vials
Glass packaging is highly preferred in the pharmaceutical sector because it is easy to sterilize with heat and unreactive with most medicines and drugs. The coloured glass packaging can prevent the drugs from different wavelengths, including UV rays of the sun. Moreover, glass can be recycled and easily available across the globe, which has made it a perfect material for the packaging of pharmaceutical products.
- Rise in demand due to increasing diseases
The increasing complexity of drugs due to growing diseases, which increase the demand for parenteral drugs such as insulin and corticosteroids and growing vaccination will drive the growth of pharmaceutical vials market globally
Opportunities
Various product advancement being made in healthcare sector are opening new demand potential in the pharmaceutical vials market. The main target of the healthcare caregivers and providers is ensuring that the patients take the precise dosage of drugs or medicines which has also urged the popularity of pharmaceutical vials. The demand for novel formulations for chronic diseases in hospitalized patients has also favoured for manufacturers in the pharmaceutical and biotechnology sectors. Due to this further boost advantageous opportunities for the pharmaceutical vials market's growth rate.
Restraints/ Challenges
The release of chemicals in the internal surface of glass tubing containers is the major problem for the manufacturers in producing innovative pharmaceutical vials products. The increasing cost of overall packaging is also the major restraint that will hinder the growth rate of the pharmaceutical vials market.
This pharmaceutical vials market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the pharmaceutical vials market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Pharmaceutical Vials Market
The unprecedented outbreak of COVID-19 pandemic has augmented the demand for parenteral drugs, encouraging the market players to create new sterile, safe, pharmaceutical vials, and remain contamination-free before organisation. This will drive the growth rate of pharmaceutical vials market during pandemic. On Other hand, the outbreak of covid-19 has been disrupted the manufacturing unit and the supply chain with a significant drop in output.
Recent Development
- In February 2022, Bormioli Pharma declared a sequence of collaborations aimed at increasing the sustainability and performance of glass used in the pharmaceutical sector, strengthening bottles' resistance to chemical substances and reducing the carbon footprint during glass production.
- In June 2021, The U.S. Food and Drug Administration (FDA) approved a tentative approval received by Zydus Cadila Healthcare to sell “pemetrexed” in 500 mg/vial, 100mg/vial and 1000 mg/vial, and single-dose vials for injection.
Global Pharmaceutical Vials Market Scope
The pharmaceutical vials market is segmented on the basis of material, neck type, cap size, market drug type, capacity, capacity, distribution channel and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Material
- Plastic
- Glass
- Others
Neck Type
- Crimp Neck
- Double Chamber
- Screw Neck
- Flip Cap
- Others
Cap Size
- 13-425 MM
- 15-425 MM
- 18-400 MM
- 22-350 MM
- 24-400 MM
- 8-425 MM
- 9MM
- Others
Market
- Parenteral
- Gastro
- ENT
- Others
Drug Type
- Injectable
- Non-Injectable
Capacity
- 1 ML
- 2 ML
- 3 ML
- 4 ML
- 8 ML
- 10 ML
- 20 ML
- 30 ML
- 50 ML
- Others
Application
- Nasal
- Oral
- Others
Distribution Channel
- Direct Sales
- Medical Stores/Pharmacies
- E-Commerce
- Others
End-User
- Pharmaceutical Companies
- Biopharmaceutical Companies
- Contract Development and Manufacturing Companies
- Compound Pharmacy
- Others
Pharmaceutical Vials Market Regional Analysis/Insights
The pharmaceutical vials market is analysed and market size insights and trends are provided by country material, neck type, cap size, market drug type, capacity, application, distribution channel and end-user as referenced above.
The countries covered in the pharmaceutical vials market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
North America dominates the pharmaceutical vials market in terms of market share during the forecast period. This is due to the growing demand for pharmaceutical vials in this region. North America region leads the pharmaceutical vials market, with U.S leading the way due to growing awareness and business expansion among the consumers for pharmaceutical vials.in this region.
During the projected period, North America is expected to be the fastest developing region due to increasing consumption of pharmaceutical vials in the pharmaceutical industry in this sector.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Pharmaceutical Vials Market Share Analysis
The pharmaceutical vials market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to pharmaceutical vials market.
Some of the major players operating in the pharmaceutical vials market are:
- Schott AG (Germany)
- Nipro (Japan)
- Piramal Glass (India)
- Sisecam (Turkey)
- Owens-Illinois Inc. (US)
- Gerresheimer AG (Germany)
- Bormioli Pharma S.p.A (Italy)
- Ardagh Group S.A. (Luxembourg)
- West Pharmaceutical Services Inc. (US)
- STOELZLE GLASS GROUP (Austria)
- SGD Pharma (France)
- Shandong Qidu Pharmaceutical Co.,Ltd. (China)
- Corning Incorporated (US)
- DWK Life Sciences (US)
- Berry Global Inc (US)
- Airnov (US), Pacific Vial (US)
- Stevanato Group (Italy)
- Adelphi Healthcare Packaging (UK)
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