Global ampoules packaging market - market trends and forecasts (2015 - 2020)
Ampoules are the most common pharmaceutical packaging solutions worldwide. The Global Ampoules packaging market is expected to reach $5.06 billion by 2020 at a CAGR of 8.46% from $3.11 billion in 2014. Generally majority of the ampoules are made of glass, but plastic ampoules are also available in the market. Growing instances of diseases and regulations to keep the solutions safe has made the ampoules packaging market to grow consistently. The manufacturers are also trying to enhance their offering by manufacturing products which are more suitable to healthcare industry.
Glass ampoules are considered as the ideal packaging material and are widely used for packaging pharmaceutical products. The growing technological propagation and amalgamation of ampoules packaging applications with a vast kind of products such as glass and plastic and others are the major factors driving the growth of the ampoules packaging market. The Asia Pacific and Latin America regions are witnessing fastest growth the trend is expected to continue over the next five years on account of rising disposable income in these countries over the forecast period.