Ampoules Packaging Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The ampoules packaging market was valued at USD 4.1 billion in 2021, and it is expected to reach a value of USD 6.27 billion by 2027 at a CAGR of 7.4%, during the forecast period (2022-2027). Packaging is considered to be a critical stage in the manufacturing process, where the value addition process is one of the significant trends. The pharmaceutical industry has been using ampoules, especially glass, for a very long period, as a primary packaging solution.
Key HighlightsThe ampoules packaging market is fragmented. The surge in government initiatives, and increasing demand for injectables and other medicines, provide lucrative opportunities in the ampoules packaging market. Overall, the competitive rivalry among existing competitors is high. Moving forward, expansion and mergers of large companies in different pharmaceutical industries are expected to increase the demand of ampoules packaging. Key players are Schott AG, Amposan SA, Gerresheimer AG, etc.
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