Asia Pacific Pharmaceutical Cartridges Market Size & Outlook
Asia Pacific pharmaceutical cartridges market, 2018-2030 (US$M)
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Asia Pacific pharmaceutical cartridges market highlights
- The Asia Pacific pharmaceutical cartridges market generated a revenue of USD 307.7 million in 2023.
- The market is expected to grow at a CAGR of 9.2% from 2024 to 2030.
- In terms of segment, glass cartridges was the largest revenue generating material type in 2023.
- Plastic Cartridges is the most lucrative material type segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 307.7 million |
| Market revenue in 2030 | USD 568.2 million |
| Growth rate | 9.2% (CAGR from 2023 to 2030) |
| Largest segment | Glass cartridges |
| Fastest growing segment | Plastic Cartridges |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Glass Cartridges, Plastic Cartridges, Rubber |
| Key market players worldwide | Nipro Corp, Gerresheimer AG ADR, West Pharmaceutical Services Inc, Schott Pharma AG & CO KGaA, Shandong Lukang Pharmaceutical Group, AptarGroup Inc |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 21.8% of the global pharmaceutical cartridges market in 2023.
- Globally, North America 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 568.2 million by 2030.
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Pharmaceutical Cartridges Market Scope
Pharmaceutical Cartridges Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific pharmaceutical cartridges 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 pharmaceutical cartridges market will help companies and investors design strategic landscapes.
Glass cartridges was the largest segment with a revenue share of 58.01% in 2023. Horizon Databook has segmented the Asia Pacific pharmaceutical cartridges market based on glass cartridges, plastic cartridges, rubber covering the revenue growth of each sub-segment from 2018 to 2030.
The Asia Pacific region is majorly driven by China and Japan. China dominated the overall pharmaceutical cartridge market in the region in terms of revenue share. This can be attributed to presence of major market players and increasing prevalence of chronic diseases.
Asia Pacific is anticipated to be the fastest-growing region in terms of pharmaceutical cartridges market. This growth in demand can be ascertained by the presence of numerous small and medium scaled production units in the region.
The region also enjoys lenient regulatory regimes, which work out to support the manufacturers, along with attracting foreign investment. China, Japan, South Korea, and India are the prominent countries in Asia Pacific pharmaceutical cartridges market.
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Target buyers of Asia Pacific pharmaceutical cartridges market databook
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Our clientele includes a mix of pharmaceutical cartridges 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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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific pharmaceutical cartridges market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific pharmaceutical cartridges market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific pharmaceutical cartridges market size, by country, 2018-2030 (US$M)
Asia Pacific Pharmaceutical Cartridges Market Outlook Share, 2023 & 2030 (US$M)
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