Saudi Arabia Ophthalmic Packaging Market Size & Outlook
Saudi Arabia ophthalmic packaging market, 2017-2030 (US$M)
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Saudi Arabia ophthalmic packaging market highlights
- The Saudi Arabia ophthalmic packaging market generated a revenue of USD 31.9 million in 2022 and is expected to reach USD 66.4 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 9.6% 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 31.9 million |
| Market revenue in 2030 | USD 66.4 million |
| Growth rate | 9.6% (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, Saudi Arabia accounted for 0.3% 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 Middle East & Africa, South Africa ophthalmic packaging market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 127.1 million by 2030.
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Ophthalmic Packaging Market Scope
Ophthalmic Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia 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 Saudi Arabia ophthalmic packaging market based on multi dose, single dose covering the revenue growth of each sub-segment from 2017 to 2030.
Increasing prevalence of ocular disorders, such as cataract, glaucoma, and dry eye, is expected to drive market for ophthalmic packaging in Saudi Arabia. According to a study published in the International Journal of Medicine in Developing Countries, the prevalence of dry eye disease is 32.1% in Saudi Arabia, the highest among Middle Eastern countries.
The increasing incidence of risk factors, such as diabetes, hypertension, autoimmune disorders, glaucoma, & aging, has contributed to high prevalence of eye disorders. It is reported that approximately 35% of Riyadh's population was aged 40 years and above had dry eye syndrome.
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Target buyers of Saudi Arabia 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 Saudi Arabia ophthalmic packaging market, including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia ophthalmic packaging market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia ophthalmic packaging market size, by dose, 2017-2030 (US$M)
Saudi Arabia Ophthalmic Packaging Market Share, 2022 & 2030 (US$M)
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