Ophthalmology Packaging Market

Ophthalmology Packaging Market Outlook from 2024 to 2034

The global ophthalmology packaging market is projected to grow from US$ 1,816.5 million in 2024 to US$ 3,063.9 million by 2034. In the forecast period 2024 to 2034, the industry is set to surge at 5.4% CAGR. The revenue generated by ophthalmology packaging in 2023 was US$ 1,734.5 million and is anticipated to exhibit a y-o-y growth of 4.7% in 2024.

Tubes are predominately used in ophthalmology packaging, capturing around 42% of the value share in 2034. Ophthalmology packaging solutions with a capacity of 6 to 10 ml are set to generate an incremental revenue of US$ 766.5 million by 2034.

Dynamics of Ophthalmology Packaging

Attributes	Key Insights
Base Value (2023)	US$ 1,734.5 million
Estimated Industry Size (2024E)	US$ 1,816.5 million
Projected Industry Valuation (2034F)	US$ 3,063.9 million
Value-based CAGR (2024 to 2034)	5.4%

Growing population, quickening technical developments, and increasing awareness of eye care are the key aspects that are projected to surge growth of the ophthalmology packaging market. A key factor propelling growth is the increasing prevalence of ocular disorders.

Age-related muscle degeneration, red-eye syndrome, conjunctivitis, cataracts, and dry eyes are among the most common eye conditions. These disorders necessitate eye care and several additional therapies, which in turn have a favorable impact on the demand for Ophthalmology packing.

The development of innovative packaging materials and the growing requirement to follow new legal standards on recycling packaging materials contribute to growth. The industry is projected to experience lucrative growth during the forecast period.

Sales are set to rise from 2024 to 2034 and are projected to generate an incremental growth opportunity of US$ 6,532 million. The industry is further predicted to inflate 1.6x times the current value during the forecast period.

Historical Vs. Forecast Ophthalmology Packaging Market Growth Outlook

The global ophthalmology packaging market recorded a CAGR of 4.1% from 2019 to 2023. The industry was valued at US$ 1,734.5 million in 2023 from US$ 1,478.0 million in 2019.

The advent of novel packaging materials and technologies greatly impacted the ophthalmology packaging market in the historical period. The industry adopted innovations, including blister packaging, unit dose packaging, and tamper-evident sealing, as they have high product safety, convenience, and shelf life.

The need for environmentally friendly packaging solutions in the ophthalmology industry increased due to laws supporting sustainability and rising environmental awareness. Manufacturers started using recyclable, biodegradable, and renewable materials more frequently to lessen their ecological impact and win over environmentally concerned customers.

Patient-centric packaging designs that put ease of use, safety, and compliance first have also gained traction. Easy-to-open seals, concise instructions, and ergonomic designs are a few instances of packaging elements intended to improve patient experience and prescription adherence, especially for older or visually impaired patients.

By 2034, the eye drop packaging market is projected to surge at 5.4% CAGR. Increasing population, lifestyle changes, and aging are causing eye-related infections to rise. Increasing prevalence of eye infections is fueling the demand for ophthalmology products.

The pharmaceutical industry is subjected to strong regulations such as good manufacturing practices for ensuring the packaging on delivery of ophthalmology products. Innovative and new pharmaceutical packaging formats are being developed by manufacturing companies to meet the demand for safe & sterile packaging of ophthalmology products across the world.

Trends in the Ophthalmology Packaging Market

Rising Prevalence of Eye Infections

Increasing prevalence of eye infections primarily propels ophthalmology packaging. Growing usage of contact lenses, antibiotic resistance, and certain environmental factors contribute to the surging cases of eye infections globally.

For instance, trachoma is a kind of bacterial infection caused by chlamydia trachomatis. It has created a public health issue in around 42 countries. This infection can lead to visual impairment in 1.9 million people worldwide.

People are increasingly affected by eye infections because of improper eye hygiene practices. Using contaminated eye products and not washing hands before touching the eyes are contributing to growth of increased eye infections, further surging demand.

Increasing prevalence of ophthalmology disorders is leading to escalating demand for eye drops and ointments. Conditions such as dry eye syndrome, glaucoma, allergies, and other eye issues are becoming more common among people, surging the demand for eye care products. Growing prevalence of these infections contributes to growth of ophthalmology packaging market.

Development of Affordable, Accessible, and Effective Generic Ophthalmology Drugs

An increasing number of eye disorders and infections is leading to the development of innovative ophthalmology care solutions for treatments. Pharmaceutical companies are investing in developing innovative, affordable, and effective ophthalmology drugs for the patient's well-being. For instance, researchers are reviewing the strategies for enhancing ocular bioavailability in medication administration.

Several studies show that conventional eye drops often lose their effectiveness due to blinking tear production, resulting in less than 5% bioavailability. Nano particles-based drugs are gaining popularity for enhancing bioavailability and accommodating various pharmaceuticals.

Such formulations offer improved ocular permeability, prolonged residence time, and stabilizing medicines. Innovating these drugs with affordability is set to inflate their application to a wider range of people. These innovations and developments are further projected to lead to growth.

Semi-annual Industry Update

The table presents the projected CAGR for the industry over several semi-annual periods from 2023 to 2034. In the first half (H1) of the decade from 2023 to 2033, the industry is set to surge at a CAGR of 5.9%, followed by a slightly lower growth rate of 4.7% in the second half (H2) of the same decade.

Moving into the subsequent period, from H1 2024 to H2 2034, the CAGR is projected to increase slightly to 5.0% in the first half and surge to 6.3% in the second half. These values offer insights into the anticipated growth trends for the industry, aiding stakeholders and investors in making decisions regarding investments & strategies.

Particular	Value CAGR
H1	5.9% (2023 to 2033)
H2	4.7% (2023 to 2033)
H1	5.0% (2024 to 2034)
H2	6.3% (2024 to 2034)

Comparative View of Adjacent Industries

The subsequent section contrasts and compares the ophthalmology packaging market with the ophthalmology drug packaging industry and the antiviral drug packaging industry. Focusing on each industry’s major trends, potential, and CAGR, the study covers the years from 2024 through 2034.

The tables show that the ophthalmology drug packaging industry is set to remain at the forefront, followed by the antiviral drug packaging and eye care packaging industries. Growth is mainly attributed to the emergence of customized packaging solutions to cater to the varying needs of clients.

Global Ophthalmology Packaging Industry:

Attributes	Global Ophthalmology Packaging Industry
Ophthalmology Packaging Market Forecast CAGR (2024 to 2034)	5.4%
Growth Factor	Rising prevalence of eye infections is projected to fuel the ophthalmology packaging market growth.
Ophthalmology Packaging Market Future Trends	Increasing frequency of various ophthalmology disorders, such as conjunctivitis and dry eye, is set to increase demand for ophthalmology packaging devices.

Ophthalmology Drug Packaging Industry:

Attributes	Ophthalmology Drug Packaging Market
CAGR (2024 to 2034)	6.1%
Growth Factor	The ophthalmology drug packaging market is focusing on sustainability and environmental responsibility, with manufacturers adopting eco-friendly materials, optimizing designs, and implementing recycling initiatives to minimize environmental impact.
Key Trend	Ophthalmology drugs come in several dosage forms, necessitating customized packaging solutions for stability, ease of use, and product integrity for patients and healthcare providers.

Antiviral Drug Packaging Industry:

Attributes	Antiviral Drug Packaging Industry
CAGR (2024 to 2034)	5.9%
Growth Factor	Manufacturers are enhancing patient-friendly antiviral drug packaging solutions, including barrier films and tamper-evident seals, thereby enhancing product safety and efficacy.
Key Trend	Increasing occurrence of viral illnesses such as herpes, HIV, influenza, and others is a key trend fueling the industry.

Category-wise Insights

The categorical ophthalmology packaging market analysis is mentioned in the section below. Based on inclusive investigations, the tube sector is controlling the packaging type category. Furthermore, the eye drop segment is set to propel the application category upwards.

Tubes and Bottles Capture Majority of Share in Ophthalmology Packaging

Packaging Type	Value CAGR (2024 to 2034)
Tubes	5.4%
Bottles	4.7%

Tubes are widely used in packaging because of their durability, versatility, and suitability for different ophthalmology products. This packaging offers transparency, lightweight, barrier, and cost-efficient properties beneficial for ophthalmology products.

Tubes are designed to preserve the sterility of eye medications and protect from external contaminations. The inertness and convenience of tubes are leading to their widespread adoption in the market. Tube segment is anticipated to reach US$ 1,296.9 million and is projected to grow 5.4% CAGR by 2034.

Eye Drops Contribute to Ophthalmology Packaging Industry Growth

Applications	Value CAGR (2024 to 2034)
Eye Drops	5.0%
Ophthalmology Ointment	6.2%

Eye drops are the leading application in the industry and are projected to gain a market revenue worth US$ 636.2 million by 2034. Eye drops are highly contributing to the growth of the ophthalmology packaging market, propelled by the increased application of eye care products.

Conditions such as dry eye, conjunctivitis, cataracts, and other age-related problems have led to the surging demand for eye drops. The aging population in the world and the occurrence of ocular diseases are further boosting the usage of eye drops. Eye drops are vital in creating relief for eye conditions, and their ease of use is increasing their application in the market.

Country-wise Insights

The section below examines the state of the ophthalmology packaging industry in some of the leading countries on the global stage, such as the United States, Japan, Canada, China, and India. Through in-depth research, the report has evaluated the aspects influencing these nations' acceptability and growth of novel packaging solutions.

In North America, Canada is projected to remain dominant by showcasing a CAGR of 6.2%, while the United States is estimated to remain at 4.7% through 2034. In South Asia & Pacific, India is set to exhibit a CAGR of 8.3% in the same timeframe.

Countries	Value CAGR (2024 to 2034)
United States	4.7%
Canada	6.2%
Brazil	4.9%
Mexico	5.3%
Germany	3.8%
France	4.4%
United Kingdom	4.0%
China	6.2%
India	8.3%
Japan	3.7%
KSA	6.5%
South Africa	6.4%

Growing Prevalence of Eye Infections to Surge Demand in the United States

Increasing prevalence of eye infections due to the growing adoption of contact lenses is projected to push people toward ophthalmology eye drops and ointments in the United States. The country is set to reach a valuation of US$ 710.1 million, soaring at a CAGR of 4.7% by 2034.

Age-related macular degeneration, glaucoma, and dry eye syndrome are among the many eye-related illnesses that affect a considerable portion of the United States population. The need for ophthalmology medications is pushed by the aging population and rising incidence of chronic eye illnesses, impacting the ophthalmology packaging industry.

Increasing Aging Population in Japan Fuels Growth

Aged people are more prone to eye diseases, which is an effective key factor for Japan’s ophthalmology packaging market. According to the World Economic Forum, almost 1/3rd of Japan's population is over 65 years old, accounting for 36.23 million people contributing to the older population.

It is a key factor in influencing the demand for ophthalmology packaging as older people get most eye problems due to the weakening of their eyesight. Japan is anticipated to surge at 3.7% CAGR through 2034.

Japan’s ophthalmology packaging market is further shaped by developments in packaging materials and technologies, including unit dosage packaging, preservative-free packaging, and sophisticated drug delivery systems. Enhancing patient comfort, product safety, and compliance are the key goals of these improvements in the ophthalmology packaging market.

Growing Social Security to Gain Traction in China

China is predicted to experience rapid growth at a CAGR of 6.2% through 2034 due to rising demand for fast and reliable ophthalmology packaging solutions. The industry is propelled by the need for security, patient comfort, tamper-evident technology, and high-quality products. Growing social security and healthcare systems trend in China presents new growth opportunities for ophthalmology packaging providers in the industry.

Increasing Healthcare Expenditure to Fuel Growth in Canada

Canada dominates the ophthalmology packaging market, surging at a CAGR of 6.2% through 2034. Rising ocular disorders, export of ophthalmology products, investments in research & development, and stringent regulatory policies are projected to surge the demand for ophthalmology packaging in Canada.

Canada is also a key consumer of plastics due to their versatility, easy molding, and resistance to water & climate. Furthermore, the aging population, favorable government policies, and increased healthcare expenditure are estimated to surge the industry in the country.

Competitive Landscape

Manufacturers are directed toward developing and launching new products to broaden their reach. Leading companies are integrating with different firms and surging their geographical presence.

They are also collaborating and partnering with brands & companies for product development. Recent activities and developments implemented by leading players are:

• In January 2024, the Taisei Kako /ClearX®-High Performance Syringe System, developed by Taisei Kako Co., Ltd., based in Japan, won at a global packaging competition in the World Packaging Organization (WPO).
• In March 2023, France-based Nemera and Nelson Labs Europe underwent a strategic partnership to offer integrated services to customers.
• In October 2022, Gerresheimer, headquartered in Germany, introduced a unique dropper insert for contemporary low-viscosity eye medications.

Key Companies Profiled

• Amcor plc
• Tekni-Plex Inc.
• Recipharm AB
• Gerresheimer AG
• SCHOTT AG
• Berry Global Inc.
• West Pharmaceutical Services, Inc.
• Aptar group
• ALPLA Group
• Hoffmann Neopac
• Nemera Development S.A.
• Röchling SE & Co. KG
• Taisei Kako Co., Ltd.
• Shionogi Pharma Co., Ltd.
• Nichi-Iko Pharmaceutical Co., Ltd.
• Shenzhen Bona Pharma Technology Co.
• Shijiazhuang Xinfuda Medical Packaging Co.
• Zhengzhou Nuohua Plastic Products Co., Ltd.
• SGD Pharma
• DEMCO PTY LTD
• Origin Pharma Packaging
• EYEKARE KILITCH LTD.
• Aero Pump GmbH

Global Ophthalmology Packaging Market Segmentation by Category

By Packaging Type:

The industry consists of five types of packaging solutions, namely, tubes, bottles, syringes, flexible pouches, and ampoules & vials. Both laminated and extruded plastic tubes are mainly demanded by customers. Bottles made of plastic and glass, on the other hand, are gaining impetus.

By Capacity:

Packaging solutions in the capacity of less than 2 ml, 2 to 5 ml, 6 to 10 ml, and above 10 ml are showcasing immense popularity globally.

By Distribution Channel:

There are several distribution channels in the industry, including institutional sales, retail sales, and e-commerce. Institutional sales channel consists of hospitals, ophthalmology clinics, public health agencies, and veterinary hospitals & clinics. Drug stores and retail pharmacies/supermarkets are estimated to create high popularity in terms of retail sales channels.

By Order Type:

Over-the-counter (OTC) and prescription are the two main types of orders.

By Application:

Several applications, such as eye drops, ophthalmology gels, ophthalmology ointment, and anti-VEGF drugs, are covered.

By End-use Case:

Some of the significant cases include refractive errors, cataracts & glaucoma, retinal disorders, corneal diseases, pediatric ophthalmology, neuro-ophthalmology, ophthalmology plastic surgery, uveitis & ocular inflammation, and other eye care cases.

By Region:

Information about leading countries of North America, Latin America, East Asia, South Asia & Pacific, Western Europe, Eastern Europe, and the Middle East & Africa is provided.

Frequently Asked Questions

How big is the ophthalmology packaging market?

The industry is set to reach US$ 1,816.5 million in 2024.

What was the worth of the industry in 2023?

The industry was worth US$ 1,734.5 million in 2023.

What is the forecast for the industry?

Demand for ophthalmology packaging is set to surge at a 5.4% CAGR by 2034.

What is the outlook for the ophthalmology packaging market?

The market is set to reach US$ 3,063.9 million in 2034.

Who are the key companies in the industry?

Amcor Plc, Berry Global, and Schott AG.

Which packaging type would lead the industry?

Tube segment is estimated to hold a significant share in 2024.

What is a key trend for the industry?

Rising prevalence of eye infections and growing investments in affordable drugs.