The Global Ophthalmic Packaging Market size was valued at USD 3.6 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 12% during the forecast period 2022 to 2028.
As the incidence of eye diseases such as dry eye syndrome and conjunctivitis increases and regulatory guidelines for packaging material recycling increase, the demand for ophthalmic packaging materials is increasing. Since ophthalmic products are sprayed directly into the eyes, it is important to package them with the utmost care to preserve their purity and protect them from all kinds of physical and chemical contamination. To meet the growing requirements for safety packaging, many manufacturers are designing their own packaging formats. Ophthalmic packaging is more convenient in terms of drug efficacy and safety than packaging used for solid oral products. Factors such as the surge in eye related diseases are responsible for the growth and demand for ophthalmic packaging materials in the global market.
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Market Segments
By Dose
- Multi-dose
- Single-dose
By End-use
- OTC
- Prescription
By Material
- Glass
- Plastic
Key Players
- Becton, Dickinson and Company
- Amcor PLC
- AptarGroup, Inc.
- West Pharmaceutical Services, Inc.
- Gerresheimer AG
- Schott AG (Carl-Zeiss-Stiftung)
- Nolato AB
- LF of America Corp. (Tekni-Plex, Inc.)
- Bormioli Pharma S.p.a.
Scope of the Report
The research study analyzes the global Ophthalmic Packaging industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Ophthalmic Packaging Market Report
1. What was the Ophthalmic Packaging Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Ophthalmic Packaging Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Ophthalmic Packaging Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Ophthalmic Packaging market.
- The market share of the global Ophthalmic Packaging market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Ophthalmic Packaging market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Ophthalmic Packaging market.
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