Asia Pacific Ophthalmic Packaging Market Size & Outlook
Asia Pacific ophthalmic packaging market, 2017-2030 (US$M)
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Asia Pacific ophthalmic packaging market highlights
- The Asia Pacific ophthalmic packaging market generated a revenue of USD 3,254.3 million in 2022.
- The market is expected to grow at a CAGR of 11.9% from 2023 to 2030.
- In terms of segment, multi dose was the largest revenue generating dose in 2022.
- Multi dose is the most lucrative dose segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 3,254.3 million |
| Market revenue in 2030 | USD 8,011.8 million |
| Growth rate | 11.9% (CAGR from 2022 to 2030) |
| Largest segment | Multi dose |
| Fastest growing segment | Multi dose |
| Historical data covered | 2017 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Multi dose, Single dose |
| Key market players worldwide | Amcor PLC, West Pharmaceutical Services Inc, Gerresheimer AG ADR, Schott Pharma AG & CO KGaA, AptarGroup Inc, BD |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 30.9% of the global ophthalmic packaging market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 8,011.8 million by 2030.
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Ophthalmic Packaging Market Scope
Ophthalmic Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific ophthalmic packaging market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ophthalmic packaging market will help companies and investors design strategic landscapes.
Multi dose was the largest segment with a revenue share of 72.1% in 2022. Horizon Databook has segmented the Asia Pacific ophthalmic packaging market based on multi dose, single dose covering the revenue growth of each sub-segment from 2017 to 2030.
Proper packaging of ophthalmic products plays an important role in preventing counterfeiting activity. The Asia Pacific ophthalmic packaging market is projected to witness fastest growth over the forecast period, as packaging plays a major role in increasing the shelf life of a drug.
Growing requirements for brand enhancement as well as differentiation in an increasingly competitive environment, development of new packaging material, increasing awareness regarding environmental issues, and adoption of new regulatory requirements for packaging & recycling are some of factors driving the Asia Pacific ophthalmic packaging market.
Asia Pacific ophthalmic packaging market is anticipated to witness growth over the forecast period, owing to need for speedy and reliable packaging solutions that fulfill a combination of security requirements, enhance patient comfort, comprise tamper-evident technology, and provide high quality & product protection.
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Target buyers of Asia Pacific ophthalmic packaging market databook
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Our clientele includes a mix of ophthalmic packaging market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific ophthalmic packaging market, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific ophthalmic packaging market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific ophthalmic packaging market size, by country, 2017-2030 (US$M)
Asia Pacific Ophthalmic Packaging Market Share, 2022 & 2030 (US$M)
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