North America Ophthalmic Packaging Market Size & Outlook
North America ophthalmic packaging market, 2017-2030 (US$M)
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North America ophthalmic packaging market highlights
- The North America ophthalmic packaging market generated a revenue of USD 3,723.4 million in 2022.
- The market is expected to grow at a CAGR of 5.9% 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, Canada is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 3,723.4 million |
| Market revenue in 2030 | USD 5,900.0 million |
| Growth rate | 5.9% (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, North America region accounted for 35.4% 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 |
|---|
North America 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 72.09% in 2022. Horizon Databook has segmented the North America ophthalmic packaging market based on multi dose, single dose covering the revenue growth of each sub-segment from 2017 to 2030.
Factors such as patent expiries, rise in aging population, favorable government policies, and increase in healthcare expenditure are expected to drive the regional market. North America is one of the largest consumers of plastics, owing to high demand from the packaging industry.
Plastics find numerous applications in various industries due to their varied features, such as easy molding, ability to acquire desired shape, and resistance to water & climate. Plastic containers are easy to manufacture and are available in a variety of shapes and types.
These factors are likely to augment the demand for plastics & polymers in the ophthalmic packaging market over the forecast period. North America is one of the leading markets for ophthalmic manufacturing and research in the world.
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Target buyers of North America 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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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 North America ophthalmic packaging market, including forecasts for subscribers. This continent databook contains high-level insights into North America ophthalmic packaging market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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North America ophthalmic packaging market size, by country, 2017-2030 (US$M)
North America Ophthalmic Packaging Market Share, 2022 & 2030 (US$M)
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