Newly-released Ophthalmic Packaging Market analysis report by Persistence Market Research shows that global sales of the Ophthalmic Packaging Market in 2021 were held at US$ 4.2 Bn. With a CAGR of 16.4%, the projected market growth during 2022 – 2032 is expected to be significantly higher than the historical growth. Multi-Dose is expected to be the highest revenue-generating segment, accounting for an expected CAGR rate of 17% during 2022 – 2032.
The ophthalmic packaging market refers to the packaging industry that serves the ophthalmic products and devices sector. Ophthalmic products include eyeglasses, contact lenses, and ophthalmic solutions, among others, while ophthalmic devices include diagnostic and surgical instruments used in eye care.
The global ophthalmic packaging market is expected to witness significant growth in the coming years, owing to the increasing prevalence of vision disorders and the growing demand for eye care products and devices. Factors such as the aging population, the increasing incidence of chronic diseases, and the rising awareness about eye health are also driving the growth of the market.
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As per the Ophthalmic Packaging Market research by Persistence Market Research – a market research and competitive intelligence provider, historically, from 2017 to 2021, the market value of the Ophthalmic Packaging Market increased at 13.2% CAGR.
As ophthalmic products are delivered directly into the eyes, it is necessary to pack them with the utmost care in order to maintain their purity and protect them from physical and chemical contamination. Many manufacturers are developing novel package formats in order to meet the growing demand for safe packaging. In terms of medication effectiveness and safety, ophthalmic medicine packaging is more convenient than that used for solid oral goods. The global market for ophthalmic packaging is growing due to factors such as an increase in the occurrence of eye-related disorders.
Companies
- Amcor plc
- West Pharmaceutical Services
- Gerresheimer AG
- Schott AG
- Aptar Group
- Nolato
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Market Segments Covered in Ophthalmic Packaging Market Analysis
By Dose Type
- Multi Dose
- Single Dose
By Type
- OTC
- Prescription
By Material Type
- Glass
- Plastic
- Other Material Types
By Region
- North America
- Latin America
- Europe
- APAC
- MEA
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