Colombia Ophthalmic Packaging Market Size & Outlook
Colombia ophthalmic packaging market, 2017-2030 (US$M)
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Colombia ophthalmic packaging market highlights
- The Colombia ophthalmic packaging market generated a revenue of USD 59.2 million in 2022 and is expected to reach USD 133.3 million by 2030.
- The Colombia market is expected to grow at a CAGR of 10.7% 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 59.2 million |
| Market revenue in 2030 | USD 133.3 million |
| Growth rate | 10.7% (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, Colombia accounted for 0.6% 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 |
|---|
Colombia 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 72.13% in 2022. Horizon Databook has segmented the Colombia ophthalmic packaging market based on multi dose, single dose covering the revenue growth of each sub-segment from 2017 to 2030.
Factors such as epidemiology of ocular disorders, growing generic market, and presence of conducive regulatory policies are anticipated to fuel market growth over the forecast period. An increasing number of community pharmacies and drug stores coupled with rising adoption of tele pharmacy in the country has improved public accessibility to ophthalmic drugs, having a positive impact on the ophthalmic packaging market.
In addition, presence of a skilled workforce at low cost and foreign investment incentives have attracted leading ophthalmic companies to establish manufacturing bases in Columbia, aiding market growth.
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Target buyers of Colombia 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 Colombia ophthalmic packaging market, including forecasts for subscribers. This country databook contains high-level insights into Colombia ophthalmic packaging market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Colombia ophthalmic packaging market size, by dose, 2017-2030 (US$M)
Colombia Ophthalmic Packaging Market Share, 2022 & 2030 (US$M)
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