Brazil Ophthalmic Packaging Market Size & Outlook
Brazil ophthalmic packaging market, 2017-2030 (US$M)
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Brazil ophthalmic packaging market highlights
- The Brazil ophthalmic packaging market generated a revenue of USD 124.4 million in 2022 and is expected to reach USD 277.6 million by 2030.
- The Brazil market is expected to grow at a CAGR of 10.6% 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.
Ophthalmic packaging market data book summary
| Market revenue in 2022 | USD 124.4 million |
| Market revenue in 2030 | USD 277.6 million |
| Growth rate | 10.6% (CAGR from 2022 to 2030) |
| Largest segment | Multi dose |
| Fastest growing segment | Multi dose |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 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, Brazil accounted for 1.2% of the global ophthalmic packaging market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Mexico ophthalmic packaging market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 177.2 million by 2030.
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Ophthalmic Packaging Market Scope
Ophthalmic Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Brazil 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 72.11% in 2022. Horizon Databook has segmented the Brazil ophthalmic packaging market based on multi dose, single dose covering the revenue growth of each sub-segment from 2017 to 2030.
Brazil is one of the dominant markets for ophthalmic packaging in Latin America. Brazil has experienced economic and political stability, which has had a positive effect on the country’s economic development. Brazil was one of the last countries to enter the global financial crisis in 2009 and overcame the same.
The growing potential of pharmaceutical industry in the country is expected to drive ophthalmic packaging market in the country. The increasing number of domestic pharmaceutical manufacturers and presence of government policies favoring local firms have led to rise in demand for ophthalmic packaging in the country.
The domestically manufactured medicines are purchased at a 25% premium price compared to imported medicines, by government healthcare systems. Such initiatives promote local production of ophthalmic drugs, which, in turn, is anticipated to drive ophthalmic packaging market. The country’s healthcare spending is estimated to register growth due to rising geriatric population.
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Target buyers of Brazil 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 country-level data and insights on the Brazil ophthalmic packaging market, including forecasts for subscribers. This country databook contains high-level insights into Brazil ophthalmic packaging market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil ophthalmic packaging market size, by dose, 2017-2030 (US$M)
Brazil Ophthalmic Packaging Market Share, 2022 & 2030 (US$M)
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