Thailand Ophthalmic Packaging Market Size & Outlook
Thailand ophthalmic packaging market, 2017-2030 (US$M)
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Thailand ophthalmic packaging market highlights
- The Thailand ophthalmic packaging market generated a revenue of USD 254.2 million in 2022 and is expected to reach USD 654.5 million by 2030.
- The Thailand market is expected to grow at a CAGR of 12.5% 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 254.2 million |
| Market revenue in 2030 | USD 654.5 million |
| Growth rate | 12.5% (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, Thailand accounted for 2.4% 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 Asia Pacific, India ophthalmic packaging market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,625.2 million by 2030.
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Ophthalmic Packaging Market Scope
Ophthalmic Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Thailand 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 Thailand ophthalmic packaging market based on multi dose, single dose covering the revenue growth of each sub-segment from 2017 to 2030.
Eye care infrastructure is well-established in the country. According to a WHO report, Thailand is the only country in the South East Asian region with retinal laser and resources to perform cataract surgery at secondary level. The improved accessibility to eye care services has contributed to early diagnosis of eye diseases and prompt initiation of treatment.
As prescription eye drops are the first-line of treatment and management of several ocular disorders, demand for multi dose plastic containers is anticipated to face significant demand over the forecast period.
Furthermore, screen exposure time of the Thai population is longer compared to the global average, which contributes to the growing prevalence of dry eyes in the country, serving as an opportunity for ophthalmic packagers in Thailand.
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Target buyers of Thailand 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 Thailand ophthalmic packaging market, including forecasts for subscribers. This country databook contains high-level insights into Thailand ophthalmic packaging market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Thailand ophthalmic packaging market size, by dose, 2017-2030 (US$M)
Thailand Ophthalmic Packaging Market Share, 2022 & 2030 (US$M)
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