Plastic Vials and Ampoules Market Size, Share, Trends, Growth and Forecast 2030

Global Plastic Vials and Ampoules Market: Overview

The global Plastic Vials and Ampoules Market size was worth around USD 6,305.89 Million in 2022 and is predicted to grow to around USD 12,390.73 Million by 2030 with a compound annual growth rate (CAGR) of roughly 8.81% between 2023 and 2030.

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The target market is anticipated to rise significantly, reaching USD 6,305.89 Million in 2022. This is due to the market's opportunity being created by the rising demand for protected transport for liquid chemicals and pharmaceuticals. The plastic vials and ampoules industry share is likely to expand due to the increasing acceptance in a number of end-use industries.

Plastic vials and ampoules are compact containers made up of plastic and are particularly utilized in storing chemicals and pharmaceuticals that need protection from the air. These containers are majorly thin-walled plastic containers that are tip sealed or pull-sealed. These ampoules can be opened by snapping the upper neck of the container. Furthermore, ampoules are filled with non-reactive inert gases to avoid spillage while opening. Few examples of the chemicals filled in the plastic vials include hygroscopic agents like injectable pharmaceuticals, deuterated solvents, and other sensitive reagents. These ampoules possess color coding at the neck to offer easy identification.

Global Plastic Vials and Ampoules Market: Growth Factors

The global plastic vials and ampoules market is likely to register an exponential growth rate in the forthcoming years due to the augmenting sales of plastic vials and ampoules. The growing initiatives of vaccine production in the healthcare sector all across the globe are posing a huge demand for plastic vials and ampoules. Plastic vials and ampoules are special grades of plastic that are produced with low-density and high-density plastic materials. Such materials are not only used in healthcare sectors but also among several other applications, including cosmetics, personal care, and home care products. In addition, there is a significant surge in demand from the packaging sector owing to the high adoption of these materials for the packaging of sterile liquids and medications like antibiotic sterile, capsules, powder, tablets, and other solutions. The advent of plastic vials and ampoules offers numerous benefits over conventional packaging solutions and thereby successfully replaces glass material for packaging cosmetics and medication products.

However, the increase in import and export activities across borders, particularly of plastic packaging solutions, is further emphasizing manufacturers to ramp up their production facilities. However, these plastic vials and ampoules make measuring tasks easier and more convenient when compared to glass ones. However, they are usually coated with amber color to provide high protection from varying environmental conditions. There is a considerable surge in the research and development activities in the chemical and pharmaceutical industries; thereby, the increasing clinical trials and research fuels the demands for a large number of storage containers, which in turn are also contributing towards the exponential growth of the global plastic vials and ampoules market.

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Global Plastic Vials and Ampoules Market: Segmentation

The global plastic vials and ampoules market can be segmented into end-user, product, material, and region.

By end-user, the market can be segmented into home care products, chemical, personal care & cosmetics, and healthcare. The healthcare segment can further be bifurcated into hospitals, clinics, research centers, drug manufacturing units, and research laboratories. The hospital segment accounts for the largest share in the global plastic vials and ampoules market due to its high demand to store sterile, liquids, and solutions. However, the cosmetic & personal care segment is likely to grow with a high CAGR in the forthcoming years due to the surge in demand for beauty products.  

By type, the market can be segmented into vials and others. The vials segment can further be bifurcated into 8 ml & above, 5 ml to 27 ml, 3 ml to 25 ml, and up to 2 ml.

By material, the market can be segmented into polystyrene, polyvinyl chloride, polycarbonate, polypropylene, polyethylene, and COP.                                                                                                                                                                                               

Global Plastic Vials and Ampoules Market: Regional analysis

North America accounts for the largest share in the global plastic vials and ampoules market due to the advancements in research and development activities in the region. Also, the ongoing technological advancements in the healthcare, chemical, and cosmetic sector are likely to propel the growth of the regional market in the forthcoming years. In addition, the presence of prominent market players in the region is likely to complement the growth of the regional market. For instance, the United States is known to be the hub of leading pharmaceutical companies, thereby posing a huge demand for plastic vials and ampoules in the region.

Asia Pacific is expected to be the fastest-growing region in the global plastic vials and ampoules market as it is the leading region in the plastic packaging sector. Also, the presence of virology research centers in growing economies like China is likely to exponentially fuel the demand for plastic vials and ampoules in the region in the forthcoming years.

Plastic Vials and Ampoules Market: Report Scope

Global Plastic Vials and Ampoules Market: Competitive Players

The market is highly competitive due to the presence of global, regional, and local manufacturers. Manufacturers in the market offer a wide range of vials and ampoules made of different materials such as glass, COP, and COC. Manufacturers are offering these products in various sizes ranges between 0.5 ml to 100 ml. Major players in the market include Schott AG, Gerresheimer AG, and SGD SA. The competition among players is based on numerous parameters including quality, product offerings, production capacity, innovation, corporate reputation, and price. Innovation, distribution network expansion, joint venture, mergers, and acquisitions are some of the key strategies adopted by the players operating in the market to strengthen their position in the market and gain a higher market share. Some of the prominent players in the vials and ampoules market include:

Some of the significant players in the global plastic vials and ampoules market are -

• Nurrin pharma lab pty ltd
• Bormioli Pharma S.p.A.
• Origin Pharma Packaging
• Stevanato Group
• SGD Pharma
• Amcor Plc
• DWK Life Sciences GmbH
• Schott AG
• Adelphi Healthcare Packaging
• Gerresheimer AG
• Thornton Plastics
• LA Packaging
• Tonbay Industry Co.
• Shandong Pharmaceutical Glass Co.
• Catalent Inc.
• AptarGroup Inc.
• Pacific Vial Manufacturing Inc.
• West Pharmaceutical Services.

By End-user:

• Home care products
• Chemical
• Personal care & cosmetics
• Healthcare

By Material:

• Polystyrene
• Polyvinyl chloride
• Polycarbonate
• Polypropylene
• Polyethylene
• COP

By Type:

• 8 ml & above
• 5 ml to 27 ml
• 3 ml to 25 ml
• up to 2 ml

Global Plastic Vials and Ampoules Market: Regional Segment Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

What Reports Provides

• Full in-depth analysis of the parent market
• Important changes in market dynamics
• Segmentation details of the market
• Former, ongoing, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Market share analysis
• Key strategies of major players
• Emerging segments and regional markets
• Testimonials to companies in order to fortify their foothold in the market.