Canada Ophthalmic Packaging Market Size & Outlook
Canada ophthalmic packaging market, 2017-2030 (US$M)
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Canada ophthalmic packaging market highlights
- The Canada ophthalmic packaging market generated a revenue of USD 424.4 million in 2022 and is expected to reach USD 806.3 million by 2030.
- The Canada market is expected to grow at a CAGR of 8.4% 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 424.4 million |
| Market revenue in 2030 | USD 806.3 million |
| Growth rate | 8.4% (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, Canada accounted for 4.0% 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 North America, U.S. ophthalmic packaging market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 806.3 million by 2030.
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Ophthalmic Packaging Market Scope
Ophthalmic Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada 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 Canada ophthalmic packaging market based on multi dose, single dose covering the revenue growth of each sub-segment from 2017 to 2030.
The demand for ophthalmic products is being driven by an increase in demand for package integrity and product safety. In addition, growing demand for easy-to-open packages from aging population is anticipated to drive the ophthalmic packaging market during the forecast period.
An increase in demand for Senior Friendly Child Resistant (SF/CR) packaging is also estimated to drive need for ophthalmic packaging products, such as child-resistant plastic caps and novel packaging resources for OTC pharmaceutical & nutraceutical packaging industries.
Increasing geriatric population and economic growth have led to significant rise in healthcare expenditure in Canada over the past decade. These factors are likely to drive the market for ophthalmic drugs, which, in turn, is expected to impel demand for ophthalmic packaging in the country.
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Our clientele includes a mix of ophthalmic packaging market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada ophthalmic packaging market, including forecasts for subscribers. This country databook contains high-level insights into Canada ophthalmic packaging market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Canada ophthalmic packaging market size, by dose, 2017-2030 (US$M)
Canada Ophthalmic Packaging Market Share, 2022 & 2030 (US$M)
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