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In-Depth Analysis of the COVID-19 Impact on Global Pharmaceutical Vials Market

Pharmaceutical Vials Market Snapshot

Future Market Insights in its recently updated report forecasts that pharmaceutical vials sales to rise consistently at 6.3% CAGR between 2021 and 2031. Fueled by escalating demand for parenteral drugs in proper dosages, the pharmaceutical vials market valuation is forecast to surpass US$ 11.604 Billion with sales of 122 billion units in 2021.

North America is expected to lead the pharmaceutical vials market due to presence of leading pharmaceutical companies in U.S. and Canada and increasing production and export of vaccines from the region. Spurred by this, the North America market is projected to grow at 5.3% CAGR during the forecast period.

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Pharmaceutical vials are small bottles that are made up of plastic or glass and are used to ensure that patients take their dose of medicine in a correct quantity and in a timely manner. Pharmaceutical vials are handy in curbing medical non-adherence issues in the patients.

In order to ensure that patients take their doses of drugs timely and in proper quantity as prescribed, pharmaceutical vials are used as facilitators. It has been observed in various studies that due to the non-adherence to proper dosage and timely intake of drugs, the medical costs have been increasing tremendously and this is creating a huge burden on the healthcare system.

Global Pharmaceutical Vials Market: Competitive Landscape

The research report on the global pharmaceutical vials market has an entire section devoted to study the competition landscape of this market in which the key players that are functional in the market are profiled.

This section also has important information about the companies that have been profiled in this report; such as company overview, key financials, geographical reach, SWOT analysis, key strategies, etc. The companies that have been profiled in this research report include West Pharmaceutical Services, Inc., Nipro Europe, O.BERK COMPANY, LLC, Gerreshemier AG, Piramal Glass, Schott AG, Stevanato Group S.p.a, Adelphi Healthcare Packaging, SGD SA and Pacific Vial Manufacturing Inc.

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Pharmaceutical vials Market – Report Scope

Attribute Details
Forecast Period 2021 – 2031
Historical Data Available for 2017 – 2026
Market Analysis US$ Mn for Value & Units for Volume
Key Regions Covered North America, Latin America, Europe, Asia Pacific excluding Japan,  Japan, and Middle East and Africa
Key Countries Covered U.S., Canada, Brazil, Mexico, Argentina, Rest of Latin America, EU-5, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Denmark, Finland, Iceland, Norway, Sweden), Poland, Russia, Rest of Europe, China, India, Japan, GCC Countries, South Africa, Israel, Turkey, Iran, Rest of Middle East & Africa, Australia, New Zealand, South Korea, the Philippines, Malaysia, and Thailand
Key Segments Covered Product type, Material Type, Capacity Size, and Region
Key Companies Profiled
  • Schott AG
  • Gerreshemier AG
  • West Pharmaceutical Services, Inc.
  • Adelphi Healthcare Packaging
  • Pacific Vial Manufacturing Inc.
  • Piramal Glass
  • SGD SA
  • Stevanato Group S.p.a
  • Nipro Europe .
Report Coverage Market Overview, Market Background, Market Forecast, Segmental Analysis, Regional Profiling and Competition Analysis
Customization & Pricing Available upon Request

Key Questions Answered in the Report

  • What is pharmaceutical vials market size?

    Driven by increasing demand for liquid medication, the pharmaceutical vials market size is forecast to reach US$ 11,604 Million in 2021.

  • At what rate did the pharmaceutical vials market expand in the last five years?

    Between 2016 and 2020, the pharmaceutical vials sales surged at a 6.1% CAGR.

  • What are the key trends shaping the pharmaceutical vials market?

    High adoption of glass vials compare to other alternative glass containers for pharmaceutical applications is a key trend shaping the pharmaceutical vials market.

  • Which countries are leading the pharmaceutical vials export in 2021?

    U.S., China, Japan, and Germany are the leading exporter of pharmaceutical vials in 2021.

  • What is the North America pharmaceutical vials market outlook?

    Demand registered in North America will continue rising, backed increasing sales in the U.S. and Canada, the North America market is expected to grow at around 5.3% CAGR in 2021.

  • Who are the leading companies in pharmaceutical vials market?

    Gerresheimer AG, Schott AG, Berry Global Inc., West Pharmaceutical Services Inc, and Nipro Corporation are the top five pharmaceutical vial companies in the world.

  • What is the cumulative share of top five companies in pharmaceutical vials market?

    Top five market players account for nearly 10% to 15% of the pharmaceutical vials market share as of 2021.

  • At what rate will pharmaceutical vials sales increase in Europe?

    Pharmaceutical vials sales will increase at 4.8% CAGR in Europe, backed by rising demand in the U.K., Germany, and other countries.

  • Which are the top five countries driving pharmaceutical vials market demand?

    Leading countries driving demand in the pharmaceutical vials market are China, U.S., France, Japan, and Germany.

  • What are the key statistics for pharmaceutical vials market in Japan and South Korea?

    Japan and South Korea accounts for 18% and 12% share respectively in the East Asia pharmaceutical vials market in 2021.

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Editor Details

Last Updated: 03-Dec-2021