Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 16.89 Billion | USD 28.30 Billion | 5.9% | 2023 |
According to Zion Market Research, the global Sterile Bottles Market was worth USD 16.89 Billion in 2023. The market is forecast to reach USD 28.30 Billion by 2032, growing at a compound annual growth rate (CAGR) of 5.9% during the forecast period 2024-2032.
The report offers a comprehensive analysis of the market, highlighting the factors that will determine growth, potential challenges, and opportunities that could emerge in the Sterile Bottles Market industry over the next decade.
Sterile bottles are widely used in science, medical and pharmaceutical laboratories. They help to keep sensitive samples and products from contamination with the proper airtight closures. Sterile bottles are safe from bacteria and other microorganisms so that the product stored in the laboratory and the bottles that are sterilized could maintain their purity. Sterile containers help ensure that the results are as authentic as possible and remove negative factors that can influence the results.
The sterilisation method includes a boiling, steaming, or dry heat system that uses high temperatures to destroy any microorganisms present. Many packaging firms use secondary packaging, such as air-sealed plastic, to store bottles after sterilisation, which helps avoid contamination before first use.
Packaging solutions for sterile containers include glass which can be sterilised multiple times without impacting structural integrity. These sterile glass bottles are sealed containers with proper airtight closure to help avoid contamination during the transportation of products or materials.
Report Attributes | Report Details |
---|---|
Report Name | Sterile Bottles Market |
Market Size in 2023 | USD 16.89 Billion |
Market Forecast in 2032 | USD 28.30 Billion |
Growth Rate | CAGR of 5.9% |
Number of Pages | 110 |
Key Companies Covered | Berlin Packaging, Avantor Fluid Handling LLC, Daigger Scientific Inc., CELLTREAT Scientific Products, Deltalab, Foxx Life Sciences, Fisher Scientific International, Inc., Greenwood Products Inc., Spectrum Chemical Manufacturing Corp, SciLabware Limited, and Wipak Group |
Segments Covered | By Type, By end-user, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Glass does not affect the contents of sterile containers since it does not leach chemicals or absorb liquids or oils. Non-porous glass construction also works to prevent dust, bacteria, air, and moisture from forming when containers are completely sealed.
The increased use and uptake of sterile bottles during COVID-19 has had a positive impact on the sterile bottle market. The spread of COVID-19 has pushed this sector to become more involved online and to find new ways to provide analytics. As a result, end users are joining the market to address the difficulties of business. With the emergence of the Covid-19 disease outbreak, the pharmaceutical industry's focus has shifted to increased coronavirus testing and development. The sterile bottle industry has seen a significant increase in demand.
Diagnostic device manufacturers, such as sterile bottle manufacturers, have altered their strategies to address the diagnostics demand, particularly in low- and middle-income regions, in order to control the outbreak. The industry, on the other hand, is being harmed by the shutdown of manufacturing units around the world. Some units have been operating with insufficient resources, resulting in product shortages or delays.
Increased demand for sterile bottles from various sectors, such as pharmaceutical and medical, food & beverages, and others are propelling the demand for the global sterile bottles market. Following the outbreak of the Covid-19 pandemic, all the countries worldwide are focusing on improving their healthcare system and laboratories. This will have a direct influence on the demand for sterile bottles. According to World Bank statistics, healthcare spending in developing countries such as India and China is 4.98% and 3.65% of GDP, respectively, compared to developed countries such as the United States, which invests over 17.07% of GDP in healthcare.
The rising occurrence of viral infections, which are caused by the use of non-sterile instruments, is a major factor driving the growth of the sterile bottle market. There is a growing understanding of such diseases, resulting in increased demand for sterilised bottles. Aseptic packaging of vital instruments and appliances increases the shelf life of the sterilisation process. The market is rising due to the need for longer shelf lives. In addition, the effectiveness of sterile bottles for short or long-term storage of samples in diagnostic laboratories is also influencing the growth of the industry.
The world is witnessing a rapid rise in viral infections due to rising levels of pollution. As a result, medical device manufacturing companies, diagnostic centres and hospitals are focusing on sterile packaging of medical devices, thus creating opportunities for the growth of the sterile bottle market in the upcoming years. In addition, ISRO decided to bring out seven mega missions over the next 10 years. For example, the second moon mission was introduced in July 2019 and the next missions for Venus and Mars are also included. These developments would increase the need for sterilised bottles in spacecraft and space missions.
On the basis of end-users, the pharmaceutical and biological segment accounted for the largest segment in 2019, due to their use in medical, pharmaceutical, and scientific laboratories to avoid contamination of samples and test materials.
The food and beverage industry will create substantial demand for sterile bottles. Improvements in consumer living conditions have contributed to a rise in global demand for packaged food. Consumption of contaminated food causes a large number of foodborne diseases among the public. The Food and Drug Administration (FDA) believes that the use of sterile packaged food will be effective in enhancing food safety. In addition, according to the Food Safety and Standards Authority of India, the number of sales of packaged food items increased by more than 48% between 2012 and 2016. With the increased demand for packaged food and increased awareness of sterile packaging, the market for sterile bottles is experiencing significant growth.
By Geography, the sterile bottle market is segmented into North America, Europe, Latin America, Asia Pacific, and the Middle East and Africa.
North America held the largest market share in 2019 and is predicted to grow at the fastest rate in the projected timeframe. This increase may be due to the various regulations introduced by the FDA, which, in turn, drive demand for healthy and high-quality products in this region. Moreover, due to the involvement of several major players and strict FDA regulations, the industry has been very competitive in the region.
The major players in the global sterile bottles market include -
The report segment of the global sterile bottles market are as follows:
Global Sterile Bottles Market: Product Type Segment Analysis
Global Sterile Bottles Market: Material Type Segment Analysis
Global Sterile Bottles Market: End User Segment Analysis
Global Sterile Bottles Market: Regional Segment Analysis
FrequentlyAsked Questions
Increased demand for sterile bottles from various sectors, such as pharmaceutical and medical, food & beverages, and others are propelling the demand for global sterile bottles market. Following the outbreak of the Covid-19 pandemic, all the countries worldwide are focusing on improving their healthcare system and laboratories. This will have a direct influence on the demand for sterile bottles. According to World Bank statistics, healthcare spending in developing countries such as India and China are 4.98% and 3.65% of GDP, respectively, compared to developed countries such as the United States, which invests over 17.07% GDP on healthcare. The rising occurrence of viral infections, which are caused by the use of non-sterile instruments, is a major factor driving the growth of sterile bottles market.
Sterile Bottles Market size is set to expand from $ 16.89 Billion in 2023 to $ 28.30 Billion by 2032, with an anticipated CAGR of around 5.9% from 2024 to 2032.
North America held the largest market share in 2019, and is predicted to grow at a fastest rate in the projected timeframe. This increase may be due to the various regulations introduced by the FDA, which, in turn, drive demand for healthy and high-quality products in this region. Moreover, due to the involvement of several major players and strict FDA regulations, the industry has been very competitive in the region.
The major players in the global sterile bottles market include Berlin Packaging, Avantor Fluid Handling LLC, Daigger Scientific Inc., CELLTREAT Scientific Products, Deltalab, Foxx Life Sciences, Fisher Scientific International, Inc., Greenwood Products Inc., Spectrum Chemical Manufacturing Corp, SciLabware Limited, and Wipak Group among others.
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