Ophthalmic Packaging Market Report: Trends, Forecast and Competitive Analysis to 2030

Ophthalmic Packaging Market Report: Trends, Forecast and Competitive Analysis to 2030

Ophthalmic Packaging Trends and Forecast

The future of the global ophthalmic packaging market looks promising with opportunities in the glass and plastic markets. The global ophthalmic packaging market is expected to reach an estimated $17.0 billion by 2030 with a CAGR of 11.7% from 2024 to 2030. The major drivers for this market are the increasing need for brand distinction and improvement in a fiercely competitive market, the growing frequency of ophthalmic disorders such as dry eye and conjunctivitis, and rising requirement to follow new legal standards on the recycling of packaging materials.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Ophthalmic Packaging by Segment

The study includes a forecast for the global ophthalmic packaging by type, dose, material, and region.

Ophthalmic Packaging Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• OTC
• Prescription

Ophthalmic Packaging Market by Dose [Shipment Analysis by Value from 2018 to 2030]:

• Single Dose
• Multi Dose

Ophthalmic Packaging Market by Material [Shipment Analysis by Value from 2018 to 2030]:

• Glass
• Plastic
• Others

Ophthalmic Packaging Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Ophthalmic Packaging Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies ophthalmic packaging companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the ophthalmic packaging companies profiled in this report include-

• Amcor
• West Pharmaceutical Services
• Gerresheimer
• SCHOTT
• AptarGroup
• Akorn
• Johnson & Johnson Vision
• Mitotech
• Bausch & Lomb
• AERIE pharmaceuticals

Ophthalmic Packaging Market Insights

Lucintel forecasts that prescription will remain the larger segment over the forecast period due to its widespread usage as a first-line therapy, as well as the world's growing population of elderly people and enhanced drug delivery techniques.

North America will remain the largest region over the forecast period due to the rising prevalence of ocular disorders, the growing export of ophthalmic products, increasing investment in R&D specific to the ophthalmic field in the region.

Features of the Global Ophthalmic Packaging Market

Market Size Estimates: Ophthalmic packaging market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Ophthalmic packaging market size by type, dose, material, and region in terms of value ($B).

Regional Analysis: Ophthalmic packaging market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different type, dose, material, and regions for the ophthalmic packaging market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the ophthalmic packaging market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the ophthalmic packaging market size?

Answer: The global ophthalmic packaging market is expected to reach an estimated $17.0 billion by 2030.

Q2. What is the growth forecast for ophthalmic packaging market?

Answer: The global ophthalmic packaging market is expected to grow with a CAGR of 11.7% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the ophthalmic packaging market?

Answer: The major drivers for this market are the increasing need for brand distinction and improvement in a fiercely competitive market, the growing frequency of ophthalmic disorders such as dry eye and conjunctivitis, and rising requirement to follow new legal standards on the recycling of packaging materials.

Q4. What are the major segments for ophthalmic packaging market?

Answer: The future of the global ophthalmic packaging market looks promising with opportunities in the glass and plastic markets.

Q5. Who are the key ophthalmic packaging market companies?

Answer: Some of the key ophthalmic packaging companies are as follows:

• Amcor
• West Pharmaceutical Services
• Gerresheimer
• SCHOTT
• AptarGroup
• Akorn
• Johnson & Johnson Vision
• Mitotech
• Bausch & Lomb
• AERIE pharmaceuticals

Q6. Which ophthalmic packaging market segment will be the largest in future?

Answer: Lucintel forecasts that prescription will remain the larger segment over the forecast period due to its widespread usage as a first-line therapy, as well as the world's growing population of elderly people and enhanced drug delivery techniques.

Q7. In ophthalmic packaging market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to the rising prevalence of ocular disorders, the growing export of ophthalmic products, increasing investment in R&D specific to the ophthalmic field in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the ophthalmic packaging market by type (OTC and prescription), dose (single dose and multi dose), material (glass, plastic, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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