Plastic Vials and Ampoules Market

2021 Analysis and Review: Plastic Vials and Ampoules Market by Material Type – Polyethylene, Polypropylene, Polycarbonate, Polyvinyl Carbonate, Polystyrene, and COC/COP for 2021 – 2031

Plastic Vials and Ampoules Market Snapshot

The plastic vials and ampoules market is expected register impressive growth through 2021, with the overall valuation forecast to reach US$ 2.9 Bn in 2021. In its latest study, Future Market Insights (FMI) has projected the sales of plastic vials and ampoules to increase at 6.1% CAGR between 2021 and 2031.

Global consumption is forecast to top 7.1 Bn Units by the end of 2021. The market has been projected to expand at 5.5% CAGR over the forecast period, in terms of volume. As per FMI, the top 5 providers will account for 15-20% of plastic vials and ampoules market in 2021

Key Points Covered in Plastic Vials ad Ampoules Market Survey

  • Market Estimates and Forecast 2015-2031
  • Key Drivers and Restraints Impacting Market Growth
  • Segment-wise, Country-wise, and Region-wise Analysis
  • Competition Mapping and Benchmarking
  • Market Share Analysis
  • Key Product Innovations and Regulatory Climate
  • COVID-19 Impact on Plastic Vials and Ampoules Market and How to Navigate
  • Recommendation on Key Winning Strategies

2015-2020 Plastic Vials and Ampoules Market Outlook Compared to 2021-2031 Forecast

Majorly driven by the increasing vaccine production owing to the surging consumption in the healthcare industry across the globe, the plastic vials and ampoules market is anticipated to rise at 6.1% CAGR from 2021 to 2031 in comparison to the 5.1% CAGR registered during 2015 to 2020.

Plastic vials and ampoules contain certain special grades of plastics which are made using high density and low-density plastic materials. Plastic vials and ampoules are not only used in hospitals but also in various other applications such as personal care & cosmetics, the chemical industry, and homecare products.

The majority of the demand however comes from the packaging industry due to increasing demand for the packaging of sterile liquids and different solid and liquid medications such as powders, tablets, capsules, and antibiotic sterile solutions.

The use of glass material for packaging medication and cosmetics products was common but the introduction of plastic vials and ampoules offered various benefits over conventional packaging solutions. For instance, they are not only used for dispensing medications or chemical compositions but also as storage for medicinal and non-medicinal products.

As per the analysis done by Indian Government Commerce, in the fiscal year 2018, the plastic export for the rigid packaging from India stood at US$ 315 Mn at a CAGR of 15.4%. India exported plastics worth US$ 237.1 Mn in January 2021, and the export from April 2020 to January 2021 was US$ 2.7 Bn.

Owing to the increasing plastic import-export activities between the nations or regions focus on the production of plastic vials and ampoules is expected to increase in the coming days.

Who is Application in the Healthcare Sector Affecting Overall Sales?

Plastic vials and ampoules are not only used as packaging container for the controlled medication dispensing  but also for the storage of solid and liquid dosage forms such as tablets, capsules and powders.

According to the Plastic Packaging Facts Organization, plastic vials and ampoules are used for the testing of newly developed products in the clinical research. They also find application across laboratories for laboratory experiments and storage.

Plastic vials and ampoules make unit dosing or measured dosing easier and more convenient. When compared with the glass vials and ampoules, plastic ones have fewer chances of causing contamination like glass leaching.

Plastic vials and ampoules are majorly preferred for unit drug dosing or fixed drug dosing owing to the ease and convenience in handling. The non-breakable property of plastic is an added advantage that makes it more preferred than glass vials and ampoules.

They are often coated with amber color that offers exceptional protection from the changing environmental conditions and the excessive sunlight. These properties make plastic vials and ampoules highly desirable as packaging solution within the healthcare sector.

How are Safety Measures Affecting Sales of Plastic Ampoules?

With the increasing awareness about contamination-free dosing, plastic vials and ampoules are gaining significant traction in the pharmaceutical and healthcare industries. These packaging formats are becoming ideal choice for medicine packaging because they eliminate the risk of breaking ampoules unlike those made of glass.

If glass particles get mixed into medicines it can cause serious damage to health if accidentally consumed or ultimately result in wastage. To avoid such accidents and minimize this risk, most of the drug manufacturing and packaging industries are gradually shifting towards plastic ampoules.

Will Expansion of the Chemical Sector Affect Plastic Vials and Ampoules Sales Positively?

Ongoing research and development activities in the chemical industry is closely related to the development in the pharmaceutical industry. Plastic vials and ampoules are preferred as storage containers used during the research and development activities on a chemical product.

As per Mitsubishi Gas Chemical, plastic vials and ampoules are used to store diluted chemical products and for the storage of the solid of liquid low concentrated reagents which need to be added to the container during the research and development activities.

The chemical industry mainly uses the high grade plastic vials and ampoules in the process owing to the thickness and the material property of the plastic material. Therefore, the demand in the chemical industry is forecast to increase in the coming years, creating attractive prospects for the market’s expansion.

What Is the Impact of COVID-19 Pandemic on the Global Plastic Vials and Ampoules Market?

The plastic vials and ampoules market experienced a positive impact on the demand and sales owing to the COVID-19 outbreak. The upscaling corona infections led to the emphasis on expanding production capacity and research and development activities in the pharmaceutical sector.

According to the European Pharmaceutical Review, the production of the vaccine led to the development in the research and development sector in which plastic vials had a huge role to play as a vaccine vial, storage container and as a laboratory holder while conducting the research practices.

Country-wise Insights

Why is the U.S. Considered the Most Lucrative Market for Plastic Vials and Ampoules?

As per FMI, the U.S. is expected to outpace other countries and hold a leading position in the global market. In North America, the United States market will hold a share of 80% during the assessment period.

According to the Organisation for Economic Co-operation and Development, the United States is estimated to remain the most lucrative market for plastic vials and ampoules due to the advancement in the research and development technologies which are propelling the growth of the healthcare sector.

Besides this, the presence of a majority of the key operating players will support growth in the country. The United States also is home to some of the world’s leading pharmaceutical companies that are anticipated to excel in the sales of plastic vials and ampoules in the United States.

Why is the Demand for Plastic Vials and Ampoules increasing in China?

In the East Asia market, China is expected to create total incremental revenue opportunity of US$ 386 Mn by 2031 and estimated to witness a gain of nearly 380 bps of current market share, by 2031. Consistently increasing plastic production in the country along with increasing demand for lightweight and cost effective packaging materials for cosmetics and pharma products is bolstering sales of plastic vials and ampoules.

According to Plastics Europe Organization, China contributes to nearly 30% plastic production in the Asia Pacific and is considered as one of the leading countries for manufacturing plastic packaging solutions.

Also, the presence of the key virology research centers in the country is driving the demand for innovations, which is in turn is increasing the demand for plastic vials and ampoules market.

How is Growing Packaging Sector Supporting Plastic Vials and Ampoules Sales in India?

In South Asia, India will hold a market share of about 40 to 45% by the end of 2031. The growing packaging industry will create immense growth opportunities for sales of plastic vials and ampoules as packaging solutions for medicinal and non-medicinal products.

According to India Brand Equity Foundation (IBEF), the Indian packaging industry is expected to reach around US$ 204 Bn in 2025 from US$ 50 Bn in 2019.  Currently, the Indian Plastics Industry employs round 4 million people and over 2,000 exporters. Therefore, India is one of the most promising exporters of plastics among developing nations.

Category-wise Insights

Why the Demand for Polyethylene in Plastic Vials and Ampoules Continuously Increasing?

Based on the material, the polyethylene plastic vials and ampoules is estimated to hold around 30% of the total market in the forecast period. The multi variant features of polyethylene like enhanced protection to the product, excellent rigidity, economical, easy recyclability and durability are increasing the demand for plastic vials and ampoules made from the material.

Furthermore, the moisture and temperature resistance capacity along with its lightweight feature are supplementing the sales of polyethylene plastic vials and ampoules. Polyethylene segment is anticipated to create incremental opportunity of US$ 591.6 Mn during the forecasted period. 

Who is the Leading End User of Plastic Vials and Ampoules Market?

The healthcare segment followed by the personal care & cosmetics segment is the leading end user of plastic vials and ampoules. These segments will hold a market share of around 40% and 30% respectively in the year 2021.

The hospital segment will remain dominant due to the rising demand for plastic vials and ampoules in packaging of sterile liquids or solutions and use as a container in storing the medication.

Meanwhile, sales in the personal care & cosmetics segment will increase by 1.9x times the current market value, by 2031-year end.

Competitive Landscape

The key players operating in plastic vials and ampoules market are focusing o on research and development activities to cater the increasing demand from various end-use applications. Also, the manufacturers are aiming at strategic partnership and acquisition with other manufacturers to expand their presence.

  • In April 2021, Glassomer GmbH, after extensive research and development activities developed a glass-like plastic material which allows scientists to injection mold vaccine vials, sinuous channels for carrying out lab chemistry, and other complex shapes.
  • In January 2021, Gerresheimer built a new production plant for manufacturing of plastic containers in India. Gerresheimer is thus concentrating its production of pharmaceutical primary packaging made of moulded glass, tubular glass and plastic at the Kosamba plant near Mumbai.
  • In June 2020, SiO2 Materials Science developed a pharmaceutical container as a vial, as a plastic container which is coated with an undetectable pure glass coating for the covid-19 vaccines packaging. 
  • In May 2019, James Alexander Corp., a leading manufacturer of custom filler of unit-dose dispensing systems for skin care and topical applications, provided stylish options in ampoules. The plastic ampoule just needs a gentle squeeze, the inner membrane ruptures, dispensing its contents. The plastic ampoule is available in a range of sizes, colors and applicators. JAC also produces single-use glass ampoules for inhalation, dropper tip assemblies for dispensing liquids, and tandem applications where two substances are mixed immediately prior to use.

Scope of Report

Attribute

Details

Forecast Period

2021-2031

Historical Data Available for

2015-2020

Market Analysis

US$ Mn for Value and Mn Units for Volume

Key Regions Covered

North America, Latin America, Europe,  the Middle East & Africa, East Asia, South Asia, and Oceania

Key Countries Covered

US, Canada, Brazil, Mexico, Germany, Italy,  France, U.K., Spain, Russia, Poland, Turkey, South Africa, GCC, China, Japan, South Korea, India, Australia and New Zealand

Key Segments Covered

Material, Product Type & Capacity, End-Use Application, and Region

Key Companies Profiled

  • Berry Global Inc.
  • West Pharmaceutical Services, Inc.
  • Pacific Vial Manufacturing Inc.
  • Aptar Group Inc.
  • Catalent Inc.
  • SiO2 Material Science
  • Shandong Pharmaceutical Glass Co., Ltd.
  • Tonbay Industry Co., Ltd.
  • LA Packaging
  • Thornton Plastics
  • Gerresheimer AG
  • Adelphi Healthcare Packaging
  • Schott AG
  • DWK Life Sciences GmbH
  • Amcor Plc
  • SGD Pharma
  • Stevanato Group
  • Origin Pharma Packaging
  • Bormioli Pharma S.p.A.
  • Nurrin pharmalab pty ltd

Report Coverage

Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives

Customization & Pricing

Available upon Request

Key Questions Answered in the Report

  • What is the current valuation of plastic vials and ampoules market?

    The plastic vials and ampoules market is expected to surpass a valuation of US$ 2.9 Bn by 2021.

  • At what rate did the plastic vials and ampoules market expand in the last 5 years?

    The plastic vials and ampoules market exhibited steady YoY growth of 5.1% in the last five years from 2015 to 2020.

  • What is the demand outlook for plastic vials and ampoules market?

    Plastic vials and ampoules market will register gradual rise in demand owing to the pandemic situation due to the impact of COVID-19 in 2020. As per FMI, the market is expected to register a CAGR of 6.1% between 2021 and 2031.

  • What are the key trends prevailing in the plastic vials and ampoules market?

    The key players are focusing on manufacturing plastic vials and ampoules according to the requirement of end-use applications. They are offering multiple purposes plastic vials to cater to the demand from various industries. Manufacturing of plastic vials and ampoules has scaled up amid increasing demand for vaccines around the world.

  • What are the key factors driving plastic vials and ampoules sales?

    Rising demand from healthcare sector for storage of medications and solution for precise dispensing is increasing sales of plastic vials and ampoules as packaging materials. Modified plastic vials and ampoules are used for the storage of the sensitive medicinal and non-medicinal products which will propel the sales in the coming years.

  • What is the North America plastic vials and ampoules market outlook?

    North America is estimated to hold nearly 18% value share in the global plastic vials and ampoules market in 2021.

  • What is the cumulative share of top five companies in plastic vials and ampoules market?

    The top five companies operating in the plastic vials and ampoules market are Berry Global Inc., West Pharmaceutical Services Inc., Gerresheimer AG, Amcor plc and Stevanato Group. These players are estimated to hold nearly 5% to 10% share in the global plastic vials and ampoules market.

  • At what rate will plastic vials and ampoules market grow in South Asia?

    FMI has forecast the South Asia plastic vials and ampoules market to exhibit a CAGR of 7.8% between 2021 and 2031.

  • Which are the top 5 countries exhibiting high demand for plastic vials and ampoules?

    The U.S., China, Germany, Canada, and India are among leading markets for plastic vials and ampoules market, exhibiting consistently high demand.

  • At what rate will China plastic vials and ampoules market grow?

    As per FMI, the China plastic vials and ampoules market is expected to rise at 7.9% CAGR between 2021 and 2031

Plastic Vials and Ampoules Market by Category

By Material Type:

By Product Type:

  • Vials
    • Up to 2 ml
    • 3 ml to 5 ml
    • 5 ml to 7 ml
    • 8 ml and above

By End-Use Application:

  • Healthcare
    • Research Laboratories
    • Drug Manufacturing
    • Hospitals and Clinical Research
  • Personal Care & Cosmetics
  • Chemical Industry
  • Homecare Products

By Region:

  • North America
  • Latin America
  • Europe
  • Middle East and Africa (MEA)
  • East Asia
  • South Asia
  • Oceania

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