The vial box market is expected to expand its roots at an average CAGR of 6.1% during the forecast period (2022 to 2032). The global market holds an estimated revenue of US$ 7.54 Billion in 2022 and is likely to cross US$ 12.85 Billion by the end of 2032.
Attributes | Details |
---|---|
CAGR (2022 to 2032) | 6.1% |
Value (2022) | US$ 7.54 Billion |
Value (2032) | US$ 12.85 Billion |
Vial boxes are made of plastic or aluminum that contain multiple vials. A vial is a small cylindrical bottle that is mainly used in the medical sector for containing medicines or formulas. Medical packaging plays a vital role in the storage of medical equipment.
Vials are made to store drugs, serums, and specimens used for research purposes or medical use. Vial boxes have water-resistant properties so that vials can be stored at low temperatures, retaining the properties of serum or liquid it is carrying.
Demand for vial boxes increases as the government initiates medical research programs. Covid-19 has also increased the sales of vial boxes and vials as it is largely used in the diagnostics sector. The sales of vial boxes increase with the use of vials in the pharmaceutical industry.
The global market of vial boxes is expected to witness considerable growth during the forecast period. A vial box is identified by the vial box diameter and vial box height. The vial box is a rugged polycarbonate box that can withstand temperatures of -196 °C to +121 °C.
Vial box manufacturers are focusing on easy handling and transportation of sample vials. Pharmaceutical packaging also exhibited high demand for glass packaging and has influenced market growth in the future, fueling the sales of vial boxes.
Additionally, the effectiveness of preserving the vials is likely to fuel the demand for vial boxes in the near future. Depending on this aspect, the global market of vial boxes is projected to witness significant growth during the forecast period.
To avoid delamination, most vial box manufacturers are utilizing thermal cycle optimization with a low heat energy forming process and following qualitative test methods to ensure the stability and quality of the vial production aligned with the USP1660. This pushes the sales of vial boxes.
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On the basis of region, the global vial box packaging market is segmented as North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan, Middle East & Africa, and Japan. The North American vial box market is expected to lead the global vial box market.
The USA is expected to lead the North American vial box market, while Canada is expected to register notable growth in the global vial box market. The Europe vial box market is expected to remain top in terms of the value and volume of the global vial box market. Rapid growth in the pharmaceutical industry is expected to drive the demand for vial boxes.
The Asia Pacific Excluding Japan is expected to closely follow the global vial box market. Emerging countries such as China & India in the Asia Pacific region are exhibiting lucrative growth opportunities in the global vial box market.
In the Middle East & Africa and Latin America region, the vial box market is projected to witness substantial growth over the forecast period.
The key players in the Vial box market are focusing on mergers and collaborations that are fueling the sales of Vial box. Also, companies focus on using better quality and A-grade raw materials and innovative technology.
Key players in the vial box market include Alpha Packaging, Acme Vial & Glass Company, Dongguan Yaolin Industrial Co. Ltd, Xiamen Weihua Industry & Trade Co. Ltd, and Dongguan Caicheng Printing Factory.
Recent Market Development:
Report Attribute | Details |
---|---|
Growth Rate | CAGR of 6.1% from 2022 to 2032 |
The base year for estimation | 2021 |
Historical data | 2015 to 2020 |
Forecast period | 2022 to 2032 |
Quantitative units | Revenue in USD Million and CAGR from 2022 to 2032 |
Report Coverage | Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis |
Segments Covered | Material Type, Capacity, End User, Region |
Regional scope | North America; Western Europe, Eastern Europe, Middle East, Africa, ASEAN, South Asia, Rest of Asia, Australia, and New Zealand |
Country scope | United States of America; Canada; Mexico; Germany; United Kingdom; France; Italy; Spain; Russia; Belgium; Poland; Czech Republic; China; India; Japan; Australia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; Iran; South Africa |
Key companies profiled | Alpha Packaging, Acme Vial & Glass Company, Dongguan Yaolin Industrial Co. Ltd, Xiamen Weihua Industry & Trade Co. Ltd, Dongguan Caicheng Printing Factory |
Customization scope | Free report customization (equivalent to up to 8 analysts' working days) with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options | Avail customized purchase options to meet your exact research needs. |
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Material Type:
Capacity:
Application:
Region:
North America is the biggest market in the vial box market and will be helpful in increasing the vial box market size. The factors that lead to high growth throughout this region are increased use of it in medical and healthcare research and pharmaceutical research and development industry. This leads to the high demand for vial boxes in developed countries like USA and Canada.
Key competitors holding substantial Vial box market share include Alpha Packaging, Acme Vial & Glass Company, Dongguan Yaolin Industrial Co. Ltd, Xiamen Weihua Industry & Trade Co. Ltd, and Dongguan Caicheng Printing Factory
Demand for Vial boxes is likely to increase with their increased use in pharmaceuticals, and government bases research and development. This drives the sales of vial boxes in new regions.
1. Executive Summary | Vial Box Market 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Material Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Impact of Covid-19 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Macro Factors and Forecast Factors 3.4. Value Chain Analysis 3.4.1. Profit Margin Analysis 3.4.2. Raw Material Suppliers 3.4.3. Manufacturers, Wholesalers, and Distributors 3.4.4. End-users/ Customers 3.5. Regional Parent Market Outlook 3.6. Production and Consumption Statistics 3.7. Global Average Pricing Analysis Benchmark 4. Global Market Analysis 2015 to 2021 and Forecast, 2022 to 2032 4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2015 to 2021 4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2022 to 2032 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Material 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis by Material, 2015 to 2021 5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast by Material, 2022 to 2032 5.3.1. Plastic 5.3.2. Metal 5.4. Y-o-Y Growth Trend Analysis by Material, 2015 to 2021 5.5. Absolute $ Opportunity Analysis by Material, 2022 to 2032 6. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Capacity 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis by Capacity, 2015 to 2021 6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast by Capacity, 2022 to 2032 6.3.1. Up to 30 Vials 6.3.2. 31-60 Vials 6.3.3. Above 60 Vials 6.4. Y-o-Y Growth Trend Analysis by Capacity, 2015 to 2021 6.5. Absolute $ Opportunity Analysis by Capacity, 2022 to 2032 7. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By End-users 7.1. Introduction / Key Findings 7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis by End-users, 2015 to 2021 7.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast by End-users, 2022 to 2032 7.3.1. Hospitals 7.3.2. Drug Manufacturing 7.3.3. Clinical Research Center 7.3.4. Laboratories 7.4. Y-o-Y Growth Trend Analysis by End-users, 2015 to 2021 7.5. Absolute $ Opportunity Analysis by End-users, 2022 to 2032 8. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Region 8.1. Introduction / Key Findings 8.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis by Region, 2015 to 2021 8.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast by Region, 2022 to 2032 8.3.1. North America 8.3.2. Latin America 8.3.3. Europe 8.3.4. East Asia 8.3.5. South Asia 8.3.6. Oceania 8.3.7. Middle East and Africa 8.4. Market Attractiveness Analysis, by Region 9. North America Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Country 9.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis by Market Taxonomy, 2015 to 2021 9.2. Market Size Value (US$ Million) & Volume (Units) Forecast by Market Taxonomy, 2022 to 2032 9.2.1. By Country 9.2.1.1. United States of America 9.2.1.2. Canada 9.2.2. By Material 9.2.3. By Capacity 9.2.4. By End-users 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By Material 9.3.3. By Capacity 9.3.4. By End-users 9.4. Key Takeaways 10. Latin America Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Country 10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis by Market Taxonomy, 2015 to 2021 10.2. Market Size Value (US$ Million) & Volume (Units) Forecast by Market Taxonomy, 2022 to 2032 10.2.1. By Country 10.2.1.1. Brazil 10.2.1.2. Mexico 10.2.1.3. Argentina 10.2.1.4. Chile 10.2.1.5. Peru 10.2.1.6. Rest of Latin America 10.2.2. By Material 10.2.3. By Capacity 10.2.4. By End-users 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Material 10.3.3. By Capacity 10.3.4. By End-users 10.4. Key Takeaways 11. Europe Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Country 11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis by Market Taxonomy, 2015 to 2021 11.2. Market Size Value (US$ Million) & Volume (Units) Forecast by Market Taxonomy, 2022 to 2032 11.2.1. By Country 11.2.1.1. Germany 11.2.1.2. Italy 11.2.1.3. France 11.2.1.4. United Kingdom 11.2.1.5. Spain 11.2.1.6. BENELUX 11.2.1.7. Nordic 11.2.1.8. Russia 11.2.1.9. Poland 11.2.1.10. Rest of Europe 11.2.2. By Material 11.2.3. By Capacity 11.2.4. By End-users 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Material 11.3.3. By Capacity 11.3.4. By End-users 11.4. Key Takeaways 12. East Asia Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Country 12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis by Market Taxonomy, 2015 to 2021 12.2. Market Size Value (US$ Million) & Volume (Units) Forecast by Market Taxonomy, 2022 to 2032 12.2.1. By Country 12.2.1.1. China 12.2.1.2. Japan 12.2.1.3. South Korea 12.2.2. By Material 12.2.3. By Capacity 12.2.4. By End-users 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Material 12.3.3. By Capacity 12.3.4. By End-users 12.4. Key Takeaways 13. South Asia Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Country 13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis by Market Taxonomy, 2015 to 2021 13.2. Market Size Value (US$ Million) & Volume (Units) Forecast by Market Taxonomy, 2022 to 2032 13.2.1. By Country 13.2.1.1. India 13.2.1.2. Thailand 13.2.1.3. Malaysia 13.2.1.4. Indonesia 13.2.1.5. Rest of South Asia 13.2.2. By Material 13.2.3. By Capacity 13.2.4. By End-users 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By Material 13.3.3. By Capacity 13.3.4. By End-users 13.4. Key Takeaways 14. Oceania Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Country 14.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis by Market Taxonomy, 2015 to 2021 14.2. Market Size Value (US$ Million) & Volume (Units) Forecast by Market Taxonomy, 2022 to 2032 14.2.1. By Country 14.2.1.1. Australia 14.2.1.2. New Zealand 14.2.2. By Material 14.2.3. By Capacity 14.2.4. By End-users 14.3. Market Attractiveness Analysis 14.3.1. By Country 14.3.2. By Material 14.3.3. By Capacity 14.3.4. By End-users 14.4. Key Takeaways 15. Middle East & Africa Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Country 15.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis by Market Taxonomy, 2015 to 2021 15.2. Market Size Value (US$ Million) & Volume (Units) Forecast by Market Taxonomy, 2022 to 2032 15.2.1. By Country 15.2.1.1. GCC Countries 15.2.1.2. Turkey 15.2.1.3. Northern Africa 15.2.1.4. South Africa 15.2.1.5. Rest of Middle East and Africa 15.2.2. By Material 15.2.3. By Capacity 15.2.4. By End-users 15.3. Market Attractiveness Analysis 15.3.1. By Country 15.3.2. By Material 15.3.3. By Capacity 15.3.4. By End-users 15.4. Key Takeaways 16. Country-wise Market Analysis 16.1. United States of America 16.1.1. Market Share Analysis, 2022 16.1.2. By Material 16.1.3. By Capacity 16.1.4. By End-users 16.2. Canada 16.2.1. Market Share Analysis, 2022 16.2.2. By Material 16.2.3. By Capacity 16.2.4. By End-users 16.3. Brazil 16.3.1. Market Share Analysis, 2022 16.3.2. By Material 16.3.3. By Capacity 16.3.4. By End-users 16.4. Mexico 16.4.1. Market Share Analysis, 2022 16.4.2. By Material 16.4.3. By Capacity 16.4.4. By End-users 16.5. Germany 16.5.1. Market Share Analysis, 2022 16.5.2. By Material 16.5.3. By Capacity 16.5.4. By End-users 16.6. Italy 16.6.1. Market Share Analysis, 2022 16.6.2. By Material 16.6.3. By Capacity 16.6.4. By End-users 16.7. France 16.7.1. Market Share Analysis, 2022 16.7.2. By Material 16.7.3. By Capacity 16.7.4. By End-users 16.8. Spain 16.8.1. Market Share Analysis, 2022 16.8.2. By Material 16.8.3. By Capacity 16.8.4. By End-users 16.9. United Kingdom 16.9.1. Market Share Analysis, 2022 16.9.2. By Material 16.9.3. By Capacity 16.9.4. By End-users 16.10. Russia 16.10.1. Market Share Analysis, 2022 16.10.2. By Material 16.10.3. By Capacity 16.10.4. By End-users 16.11. China 16.11.1. Market Share Analysis, 2022 16.11.2. By Material 16.11.3. By Capacity 16.11.4. By End-users 16.12. Japan 16.12.1. Market Share Analysis, 2022 16.12.2. By Material 16.12.3. By Capacity 16.12.4. By End-users 16.13. India 16.13.1. Market Share Analysis, 2022 16.13.2. By Material 16.13.3. By Capacity 16.13.4. By End-users 16.14. GCC Countries 16.14.1. Market Share Analysis, 2022 16.14.2. By Material 16.14.3. By Capacity 16.14.4. By End-users 16.15. Australia 16.15.1. Market Share Analysis, 2022 16.15.2. By Material 16.15.3. By Capacity 16.15.4. By End-users 17. Market Structure Analysis 17.1. Competition Dashboard 17.2. Competition Benchmarking 17.3. Market Share Analysis of Top Players 17.3.1. By Region 17.3.2. By Product Portfolio 18. Competition Analysis 18.1. Competition Deep Dive 18.1.1. Dongguan Yaolin Industrial Co. Ltd 18.1.1.1. Overview 18.1.1.2. Product Portfolio 18.1.1.3. Profitability by Market Segments (Product/Channel/Region) 18.1.1.4. Sales Footprint 18.1.1.5. Strategy Overview 18.1.1.5.1. Marketing Strategy 18.1.1.5.2. Product Strategy 18.1.1.5.3. Channel Strategy 18.1.2. Adelphi Group 18.1.2.1. Overview 18.1.2.2. Product Portfolio 18.1.2.3. Profitability by Market Segments (Product/Channel/Region) 18.1.2.4. Sales Footprint 18.1.2.5. Strategy Overview 18.1.2.5.1. Marketing Strategy 18.1.2.5.2. Product Strategy 18.1.2.5.3. Channel Strategy 18.1.3. VWR International, LLC. 18.1.3.1. Overview 18.1.3.2. Product Portfolio 18.1.3.3. Profitability by Market Segments (Product/Channel/Region) 18.1.3.4. Sales Footprint 18.1.3.5. Strategy Overview 18.1.3.5.1. Marketing Strategy 18.1.3.5.2. Product Strategy 18.1.3.5.3. Channel Strategy 18.1.4. Corning Incorporated 18.1.4.1. Overview 18.1.4.2. Product Portfolio 18.1.4.3. Profitability by Market Segments (Product/Channel/Region) 18.1.4.4. Sales Footprint 18.1.4.5. Strategy Overview 18.1.4.5.1. Marketing Strategy 18.1.4.5.2. Product Strategy 18.1.4.5.3. Channel Strategy 18.1.5. Cole-Parmer India Pvt. Ltd. 18.1.5.1. Overview 18.1.5.2. Product Portfolio 18.1.5.3. Profitability by Market Segments (Product/Channel/Region) 18.1.5.4. Sales Footprint 18.1.5.5. Strategy Overview 18.1.5.5.1. Marketing Strategy 18.1.5.5.2. Product Strategy 18.1.5.5.3. Channel Strategy 18.1.6. Abdos Labtech Private Limited 18.1.6.1. Overview 18.1.6.2. Product Portfolio 18.1.6.3. Profitability by Market Segments (Product/Channel/Region) 18.1.6.4. Sales Footprint 18.1.6.5. Strategy Overview 18.1.6.5.1. Marketing Strategy 18.1.6.5.2. Product Strategy 18.1.6.5.3. Channel Strategy 18.1.7. Keystone Folding Box Co. 18.1.7.1. Overview 18.1.7.2. Product Portfolio 18.1.7.3. Profitability by Market Segments (Product/Channel/Region) 18.1.7.4. Sales Footprint 18.1.7.5. Strategy Overview 18.1.7.5.1. Marketing Strategy 18.1.7.5.2. Product Strategy 18.1.7.5.3. Channel Strategy 18.1.8. Heathrow Scientific. 18.1.8.1. Overview 18.1.8.2. Product Portfolio 18.1.8.3. Profitability by Market Segments (Product/Channel/Region) 18.1.8.4. Sales Footprint 18.1.8.5. Strategy Overview 18.1.8.5.1. Marketing Strategy 18.1.8.5.2. Product Strategy 18.1.8.5.3. Channel Strategy 18.1.9. Terra Universal 18.1.9.1. Overview 18.1.9.2. Product Portfolio 18.1.9.3. Profitability by Market Segments (Product/Channel/Region) 18.1.9.4. Sales Footprint 18.1.9.5. Strategy Overview 18.1.9.5.1. Marketing Strategy 18.1.9.5.2. Product Strategy 18.1.9.5.3. Channel Strategy 18.1.10. ELECTRON MICROSCOPY SCIENCES 18.1.10.1. Overview 18.1.10.2. Product Portfolio 18.1.10.3. Profitability by Market Segments (Product/Channel/Region) 18.1.10.4. Sales Footprint 18.1.10.5. Strategy Overview 18.1.10.5.1. Marketing Strategy 18.1.10.5.2. Product Strategy 18.1.10.5.3. Channel Strategy 18.1.11. Tarsons 18.1.11.1. Overview 18.1.11.2. Product Portfolio 18.1.11.3. Profitability by Market Segments (Product/Channel/Region) 18.1.11.4. Sales Footprint 18.1.11.5. Strategy Overview 18.1.11.5.1. Marketing Strategy 18.1.11.5.2. Product Strategy 18.1.11.5.3. Channel Strategy 19. Assumptions and Acronyms Used 20. Research Methodology
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