Closed Funnel Ampoules Market: An Overview
Increasing standards while manufacturing and packaging pharmaceutical goods has led to development in the demand for closed funnel ampoules. To prevent the risk of contamination and tampering, closed funnel ampoules are being adopted by the pharmaceutical industry. In addition, attributes such as chemical resistance to aqueous solutions and external chemicals, heat sterilizability, transparency, sterile filling & closing and sustainability are likely to boost the demand for closed funnel ampoules. Moreover, glass ampoules come in a variety of sizes which make their usage convenient for a wide array of applications in various end-use industries such as pharmaceutical, chemical and cosmetics. The increasing number of laboratories for biotechnological developments and healthcare advancements are likely to augment the growth for closed funnel ampoules in the coming years. This is likely to have a positive impact on the growth of global closed funnel ampoules market.
Closed Funnel Ampoules Market: Dynamics
The demand for closed funnel ampoules is driven by the steadily growing pharmaceutical industry and the cosmetics industry. The use of closed funnel ampoules prevents contamination while packaging or during the course of shipment. These packaging solutions tend to have longer shelf-life compared to other containers and retain the potency of the concentration.
The demand for closed funnel ampoules is also driven by the process of filling ampoules which is without human intervention, therefore, using closed funnel ampoules reduces human errors which possess a high risk. This is likely to hike the demand for closed funnel ampoules. Closed funnel ampoules are easy to handle when they reach laboratories or to the end users because of their shape. Easy availability is likely to have a positive impact on the demand of closed funnel ampoules. Moreover, the packaging of closed funnel ampoules result in minimal wastage which makes it an apt packaging solution for brand owners of cosmetic companies. Cosmetic companies are adopting closed funnel ampoules to enhance their production capabilities as the process can be highly mechanized. The above factors are likely to boost market demand for closed funnel ampoules during the forecast period.
Development in the healthcare services across the globe and research on biology requires transportation of samples across borders. Closed funnel ampoules being tamperproof reduce the chances of viral and bacterial infections. In addition, increasing consumption of insulin, vaccines and medicines is likely to drive the growth of closed funnel ampoules which might affect the market positively.
Closed Funnel Ampoules Market: Regional Outlook
Owing to its technological advancement and development countries in the North America region such as United States are likely to have high manufacturing capability along with European countries such as United Kingdom and Germany. However, due to high consumption of pharmaceutical products in emerging countries in the Asia Pacific region such as India and China, the demand for closed funnel ampoules is likely to boost, resulting in an above average growth rate.
However, the COVID-19 outbreak is likely to impact the supply chain for pharmaceutical products and may include potential disruptions in the market. It is expected that the outbreak is likely to plunge the China’s manufacturing sector and the manufacturing units of European countries would be affected by the virus.
Closed Funnel Ampoules Market: Key Players
Key players in the closed funnel ampoules market are as follows
- Gerresheimer AG
- SCHOTT AG
- Stevanato Group S.p.A.
- Nipro Pharma Packaging International
- Indian Scientific Glass Industries
- Jayco Pharma Packaging
- Harsiddh Engineering Co
- Shandong Pharmaceutical Glass Co. Ltd.
- Tvornica Farmaceutske Ambalaže D.O.O.
- Crestani S.R.L.
- Aegis Ampoules & Vials Ltd
- Pharma Glass
The market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
The Regional analysis includes -
- North America
- Latin America
- Western Europe
- Eastern Europe
- East Asia
- South Asia
- Middle East & Africa (MEA)
Closed Funnel Ampoules Market: Segmentation
The closed funnel ampoules market has been segmented on the basis of capacity, end-use industry and break system.
By capacity, closed funnel ampoules market has been segmented as
- Less than 2 ml
- 3 ml to 5 ml
- 6 ml - 15 ml
- 16ml - 25 ml
- More than 25 ml
By end use industry, closed funnel ampoules market has been segmented as
- Personal Care Industry
- Healthcare Industry
By break system, closed funnel ampoules market has been segmented as
- OPC (One Point Cut)
- CBR (Colour Break Ring)
- Score Ring
- A detailed overview of the parent market
- Changing closed funnel ampoules market dynamics in the industry
- In-depth segmentation of the closed funnel ampoules market
- Historical, current, and projected size of the closed funnel ampoules market, regarding volume and value
- Recent industry trends and developments
- Competitive landscape in the market
- Strategies for key players operating in the market and products offered by them
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on performance of the market
- Must-have information for market players to sustain and enhance their market footprint.
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