France Medical Rubber Stopper Market Size & Outlook
France medical rubber stopper market, 2018-2030 (US$M)
Related Markets
France medical rubber stopper market highlights
- The France medical rubber stopper market generated a revenue of USD 64.1 million in 2023 and is expected to reach USD 97.1 million by 2030.
- The France market is expected to grow at a CAGR of 6.1% from 2024 to 2030.
- In terms of segment, teflon coated was the largest revenue generating surface treatment in 2023.
- Teflon Coated is the most lucrative surface treatment segment registering the fastest growth during the forecast period.
Medical rubber stopper market data book summary
| Market revenue in 2023 | USD 64.1 million |
| Market revenue in 2030 | USD 97.1 million |
| Growth rate | 6.1% (CAGR from 2023 to 2030) |
| Largest segment | Teflon coated |
| Fastest growing segment | Teflon Coated |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Siliconized, Teflon Coated, Uncoated Stoppers |
| Key market players worldwide | AptarGroup Inc, West Pharmaceutical Services Inc, Samsung Electronics Co Ltd, Daetwyler Holding AG, Bharat Rubber Works, Jiangyin Hongmeng Rubber and Plastic Products Co., Universal Medicap, Lonstroff, Bormioli Pharma, Sagar Rubber Products |
Other key industry trends
- In terms of revenue, France accounted for 3.6% of the global medical rubber stopper market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany medical rubber stopper market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 121.8 million by 2030.
Teflon coated was the largest segment with a revenue share of 66.15% in 2023. Horizon Databook has segmented the France medical rubber stopper market based on siliconized, teflon coated, uncoated stoppers covering the revenue growth of each sub-segment from 2018 to 2030.
France has a strong pharmaceutical industry and a presence of several well-known pharmaceutical companies such as Laboratoire français du Fractionnement et des Biotechnologies (LFB SA), LES LABORATOIRES SERVIER, Sanofi, and Ipsen Pharma, among others.
The government of France has collaborated with international vaccine organizations to produce vaccines for low-income countries across the globe. For instance, Gavi, an international organization that improves access to new vaccines for children living in the world's poorest countries, has collaborated with the government of France since 2007.
According to INRAE, France's National Research Institute for Agriculture, Food and Environment, the equine industry in France is surging. This is reflected by the rise in number of members registered with the French Equestrian Federation (FFE). In the past 10 years, the number of members registered has witnessed a growth of 5% annually.
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Medical Rubber Stopper Market Scope
Medical Rubber Stopper Market Companies
| Name | Profile | # Employees | HQ | Website |
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France medical rubber stopper market size, by surface treatment, 2018-2030 (US$M)
France Medical Rubber Stopper Market Outlook Share, 2023 & 2030 (US$M)
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