U.S. Pharmaceutical Vials Market is Projected to Grow at 5.3% CAGR During the Forecast Period 2021-2031

A New Syndicate Pharmaceutical vials Market Study is added in FMI database compiled covering key business segments and wider geographical scope to get deep dive analyzed market data. Pharmaceutical vials Market presents detailed competitive analysis including the market Share, Size, Future scope. This study categorizes the global Pharmaceutical vials Market breakdown data by manufacturers, region, type and applications, also analyzes the market drivers, opportunities and challenges.

Pharmaceutical vials Market Report will add the analysis of the impact of COVID-19 on this industry. The study brings a perfect bridging between qualitative and statistical data of Pharmaceutical vials Market. The study provides historical data (i.e. Consumption & Value) and forecasted.

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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.

Global Pharmaceutical Vials Market: Forecast Analysis

Future Market Insights presents a new research report titled ‘Pharmaceutical Vials Market: Global Industry Analysis (2017-2026) and Opportunity Assessment (2021-2031)’ that includes the analysis of the various segments of this market across the important regions in the world.

As per this research report, the global pharmaceutical vials market is projected to grow at a moderate CAGR during the period of assessment and is poised to reach a market value of nearly US$ 11,604 Mn by 2031, the end year of the assessment of this report.

Global Pharmaceutical Vials Market: Segmentation Insights

The global pharmaceutical vials market is classified on the basis of product type, material type, capacity size and region.

By product type, self-standing pharmaceutical vials was the largest sub-segment in terms of value at US$ 7,050 Mn by the end of the year 2021 and is expected to exhibit a CAGR of 4.3% during the assessment period 2021-2031.

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By material type, plastics was the largest sub-segment in terms of value, and is likely to be valued at nearly US$ 12,000 Mn at the end of the year 2031, with a CAGR of 5.1% during the assessment period.

By capacity size, the 1-10 ml sub-segment is the largest sub-segment in terms of value, at nearly US$ 6,700 Mn by the end of the year 2021 and is likely to exhibit a CAGR of 4.3% during the period of assessment.

By region, North America is expected to lead the global pharmaceutical vials market in terms of revenue, with a valuation of nearly US$ 3,300 Mn at the end of the year 2021. The North America region is projected to exhibit a CAGR of 3.9% during the period of forecast.

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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Key Segments Covered in Pharmaceutical Vials Market Study

By Product Type:

• Self Standing
• Round Bottom

 By Material Type:

• Glass
• Plastic

By Capacity Size:

• 0-1ml
• 1-10ml
• 10-50ml
• 50-100ml

 By Region:

• North America
• Latin America
• Europe
• Asia Pacific Excluding Japan
• Japan
• Middle East & Africa (MEA)