Lucintel Forecasts The Global Vial And Bottle Market To Reach $28 Billion By 2030

By Author: Lucintel LLC
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According to the recent study the global vial and bottle market is projected to reach an estimated $28 billion by 2030 from $20 billion in 2023 at a CAGR of 5% from 2023 to 2028. Growth in this market is primarily driven by pharmaceutical industry, and increasing healthcare expenditure and awareness.
A total of less than 200 pages report to understand trends, opportunities and forecast in vial and bottle market by product (Vial and bottle), material (glass and plastic), capacity (0-5 ml, 5-10 ml, 10-20 ml, 20-50 ml, and 50 ml and above), end use (research labs and clinical research, pharmaceutical companies, compounding pharmacies, hospitals and healthcare centers, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that the glass will remain the largest material type over the forecast period, as it is inert in nature and available in a variety of grades having significant barrier properties.
Within this market, pharmaceuticals will remain the largest end use segment over the forecast period due to introduction of new medicines and growth of drug production.
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North America will remain the largest region over the forecast period due to presence of large pharmaceutical manufacturing base in the region, technological innovation, and increasing demand for vial and bottle in the pharmaceutical industry.
Gerresheimer, Schott, Nipro, Amcor, Becton Dickinson & Co., Berry Global, Baxter International, Corning, West Pharmaceutical, AptarGroup, and O.Berk are the major suppliers in the vial and bottle providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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