The global vials and ampoules market reached a value of about USD 43 billion in 2021. The industry is projected to grow at a CAGR of around 7.1% in the forecast period of 2022-2027 to reach a value of USD 64.8 billion by 2027.
The vials and ampoules industry report comprehensively analyses the industry, including key segments, trends, drivers, restraints, the competitive landscape, and other essential market aspects. The increasing intricacy of drugs and rising diseases due to modern lifestyles, such as diabetes, are anticipated to promote development in vials and ampoules, propelled by fast consumption in the evolving markets, such as India and China. The key demand indicator in the industry report is the highest category spender by region — Asia Pacific.
A pocket-size glass container or bottle which is utilised to store medicine or drug in the form of liquid, powder, or capsule on a regular basis is called a vial. These can also be used as a scientific sample vessel, which is further used in an autosampler tool. Alternately, an ampoule small-sized, airtight vial is utilised to comprise and sustain the sample, which may be either in the form of liquid or solid. The global warehousing services industry report comprises segments based on material (plastic and glass) and regions (Europe, North America, Asia Pacific, Latin America, and the Middle East and Africa).
The Asia Pacific region accounted for the highest revenue share of 36.3% in 2020 and is the most dominated region in the market. This is due to various factors such as rising food and pharmaceutical industries along with growing governmental programmes and aid for the progress of the healthcare and pharmaceutical industry in the region. The primary contributors to the growth of the market in the Asia Pacific region are countries like India, China, and Japan.
Vials and ampoules are mainly used in the pharmaceutical industry. Nevertheless, both commodities are also applied in the cosmetics and food industries. The rise in the rules and guidelines in the food market is one of the key reasons for the expansion in the use of vials and ampoules in the food and beverages market. For instance, chromatography vials and HPLC vials are popularly being used in the food industry for analysing food and beverage samples. Furthermore, vials and ampoules hold the biggest place in the parenteral packaging categories. These are widely utilised to fill up and store several kinds of medicines and drugs in the pharmaceutical industry. Both vials and ampoules come in different forms, shapes, and sizes with vials and ampoules made of glass predominantly used in the pharmaceutical industry.
On the other hand, one of the major shortcomings that were encountered by the pharmaceuticals industry is swiftly closing the containers since even if a few seconds were missed shutting the vials was impeding the content quality which made it safe for use by the consumers. However, at present, the ampoules are largely sealed at their collar area by using an open flame. Likewise, this makes the process of opening the seal convenient as it is broken off in the neck portion leading to a neat break with no glass splinters.
The global vials and ampoules industry report by Procurement Resource gives an in-depth analysis of the best buying practices followed by vials and ampoules providing and utilising regions across the globe, such as contract terms, engagement models, and buyer and supplier negotiation levers, among others.
Glass tubing is predominantly used to manufacture vials and ampoules. The process of making vials and ampoules is that the glass tubing is manufactured constantly in which molten glass is supplied onto a rotating mandrel on a marginally tilted tube drawing machine and blowing compressed ais into the hence formed flexible tube by a hollow shaft, that assists the mandrel. The tube made is then pulled and transferred with the help of a conveyor into a cutting tool, where the tube-shaped size of around 1.50 m is cut down and set aside to roll off to the edge. Moreover, vials and ampoules are made from such sections of the tube.
The increasing intricacy and density of drugs and rising diseases like diabetes are anticipated to propel the market for vials and ampoules, the main reason being the growth in the consumption by the emerging markets such as China and India. In addition, the international parenteral packaging market is led by the increasing complexity of medicines, promoted by the rise in lifestyle diseases, health awareness, and the ageing population. Furthermore, the rising occurrence of chronic diseases and the outbreak of the COVID-19 pandemic have led to the expansion in the demand for ampoules.
The key zones in the industry are Europe, North America, Latin America, the Asia Pacific, and the Middle East, and Africa.
Owing to the existence of global, regional, and local producers the market is extremely competitive. The vials and ampoules producers present in the market provide a broad range of vials and ampoules made with a variety of materials such as glass, COP, and COC. Moreover, these commodities are offered in different sizes ranging from 0.5 ml to 100 ml. The major players compete based on quality, product offerings, production capacity, innovation, corporate reputation, and price. Additionally, these companies have adopted important strategies such as innovation, distribution network expansion, joint ventures, mergers, and acquisitions to reinforce their position in the market and acquire a greater share in the market.
1. Executive Summary
2. Vials and Ampoules Industry Snapshot
2.1. Vials and Ampoules Market Outlook
2.2. Vials and Ampoules Industry Analysis by Material
2.2.1. Plastic
2.2.2. Glass
2.3. Regional Overview
2.3.1. North America
2.3.2. Europe
2.3.3. Asia Pacific
2.3.4. Latin America
2.3.5. Middle East & Africa
3. Impact of Recent Events
4. Vials and Ampoules Value Chain Analysis
5. Vials and Ampoules Production Process
6. Trade Analysis
7. Major Risk Factors in Sourcing
8. Vials and Ampoules Cost Structure
9. Vials and Ampoules Price Analysis
10. Key Demand Indicator Analysis
11. Key Price Indicator Analysis
12. Vials and Ampoules Market Dynamics
12.1. Drivers & Constraints
12.2. Industry Events
12.3. Innovations & Trends
12.4. SWOT Analysis
12.5. Porter’s Five Forces
12.5.1. Buyer Power
12.5.2. Supplier Power
12.5.3. Threat of New entrants
12.5.4. Threat of Substitutes
12.5.5. Industry Rivalry
13. Feedstock Market Analysis
13.1. Market Overview
13.2. Price Analysis
14. Industry Best Practices
14.1. Sourcing Strategy
14.2. Procurement Model
14.3. Contract Structure
14.4. Negotiation Levers
14.5. Pricing Model
14.6. Key Factors Influencing the Quotation
15. Key Supplier Analysis
15.1. Schott AG
15.2. Gerresheimer AG
15.3. Nipro Corporation
15.4. Shandong Pharmaceutical Glass co., Ltd
15.5. Stevanato Group
In 2021, the global attained a volume of around USD 43 billion in 2021.
In the forecast period of 2022-2027, the market is projected to grow at a CAGR of 7.1%.
The major market driver is the wide utilisation to fill up and store several kinds of drugs in the pharmaceutical industry.
The major regions in the industry are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Some of the leading players in the industry are SCHOTT AG, Gerresheimer AG, Nipro Corporation, SGD SA, and Nuova Ompi SRL.
The global vials and ampoules market reached a value of about USD 43 billion in 2021 and is projected to grow at a CAGR of around 7.1% in the forecast period of 2022-2027. The Asia Pacific region accounted for the highest revenue share of 36.3% in 2020 and is the most dominated region in the market. The global parenteral packaging market is led by the increasing complexity of medicines, promoted by the rise in lifestyle diseases, health awareness, and the ageing population. Moreover, vials and ampoules hold the biggest place in the parenteral packaging categories. Some of the leading players in the industry are SCHOTT AG, Gerresheimer AG, Nipro Corporation, SGD SA, and Nuova Ompi SRL.
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