Vials Market, by Material (Plastic, Glass, and Others), by Neck Type (Crimp Neck, Double Chamber, Screw Neck, Flip Cap, and Others), by Cap Size (13-425 mm, 15-425 mm, 18-400 mm, 22-350 mm, 24-400 mm, 8-425 mm, 9 mm, and Others), by Distribution Channel (Direct Sales, Medical Stores/Pharmacies, E-Commerce, and Others), Capacity (1 ml, 2 ml, 3 ml, 4 ml, 8 ml, 10 ml, 20 ml, 30 ml, 50 ml, Others), by Drug Type (Injectable and Non-Injectable), by Application (Nasal, Oral, and Others), by End User (Pharmaceutical Companies, Biopharmaceutical Companies, Contract Development and Manufacturing Companies, Compound Pharmacy, and Others), by Disease Type (Parenteral, Gastro, ENT, and Others), and by Region (North America, Europe, Asia Pacific, Middle East and Africa, and South America) — Market Size and Forecast 2032

The Vials Market was estimated at USD 22.56 Billion in 2022 and is projected to grow at a CAGR of 6.30% during the forecast period 2023-2032. A vial is a small-sized plastic, glass vessel or bottle used to store medication in the form of powders, liquids, or capsules. Vials are also known as phials or flacons. They can be used as scientific sample vessels or experimental vessels. Various types of vials are available including, single-dose vials and multi-dose vials. Vials are used in medicine and chemical laboratories. The modern vials are made from plastic or glass and used as storage for small quantities of liquid utilized in molecular biological applications or medical applications.

Vial bottles are increasingly being used in industries like healthcare, pharmaceutical, cosmetics, and chemicals for packaging products. High demand for vial bottles owing to their use to store medicines, chemicals, drugs, other liquids in hospitals, clinics, labs is expected to contribute to market growth.

Increasing cases of COVID-19 across the globe has resulted in increasing need for vaccination. The distribution of vaccines requires vial bottles for carrying liquid vaccine solution as the vial material does not react chemically with the vaccine solution. Therefore, increasing production of vaccines due to growing number of initiatives to promote immunization is expected to drive the market growth.

TABLE 1: GLOBAL VIALS MARKET OVERALL SNAPSHOT

TABLE 1: GLOBAL VIALS MARKET OVERALL SNAPSHOT

Market Segmentation

The vials market is segmented based on material, neck type, cap size, distribution channel, capacity, drug type, application, end user, disease, and region.

Global Vials Market, by Material

Based on the material, the market is divided into plastic, glass, and others. Among these segments, the glass segment has captured the largest market share in 2021 and is anticipated to remain the largest segment growing at a highest CAGR over the forecast period up to 2032.

The glass vial is the most common packaging used for liquid and freeze dried injectable. Plastic vials have made their way into the market for cancer drugs. However, plastic vials will require more time before being more commonly used for injectable packaging. Glass vials are sterilized and dehydrogenated in dry heat tunnels that convey the vials directly into the aseptic environment without the need for manual transfer. Manufacturers need to determine how to transfer plastic vials to an aseptic environment. This is not easily accomplished, especially compared to the conventional way glass vials are introduced via the dry heat tunnels. This is the main reason for the growth of the glass segment.

Global Vials market, by Neck Type

Based on the neck type, the market for vials is divided into crimp neck, double chamber, screw neck, flip cap, and others. Among these segments, the double chamber segment is expected to grow at a highest CAGR over the forecast period.

Double chamber vials are designed to keep solution A and solution B separated in independent chambers within a single vial until mixing is required. Solution A is filled into the second chamber containing solution B. The double chamber vial enables mixing of the two separated solutions in that same vial. Double chamber vial has significantly reduced the chances of overfill. It has also increased precision in dosing, as both the separated solutions are premeasured. Double chamber systems also decrease the risk of error in medication quantity by eliminating the use of multiple vials and needles. All of these benefits of double chamber vials are driving the growth of the segment.

Global Vials Market, by Cap Size

Based on the cap size, the market for vials is divided into 13-425 mm, 15-425 mm, 18-400 mm, 22-350 mm, 24-400 mm, 8-425 mm, 9 mm, and Others. Among these segments, the 9 mm holds the largest market share in 2021 and is expected to remain the largest segment during the forecast period. The growth can be attributed to increasing use of 9 mm vials in scientific labs and research institutes. 9 mm vials are used in auto samplers for analytical research. It is also used for labeling vials and for identification of chemicals in labs. These factors are expected to drive segment growth.

Global Vials Market, by Distribution Channel

Based on the distribution channel, the market for vials is divided into direct sales, medical stores/pharmacies, e-commerce, and others.

The medical stores/pharmacies segment is expected to grow at the highest CAGR during the forecast period. The growth can be attributed to use of vials to store medicines in liquid form, or powders, and tablets. These medicines and drugs need to be packaged and stored in a manner that protects them from microbial contamination. These medicines need to be kept in well-closed containers, protected from light, excessive moisture, or dryness. Hence, these vials fulfill all of these requirements suitable for packaging pharmaceuticals and medicines, which are distributed to medical stores/pharmacies for sale. Therefore, the demand for high-quality packaging, which vials provide for medicines and drugs, is driving the segment growth.

Global Vials Market, by Capacity

Based on the capacity, the market for vials is divided into 1 ml, 2 ml, 3 ml, 4 ml, 8 ml, 10 ml, 20 ml, 30 ml, 50 ml, and others. The 8 ml segment is expected to grow at the highest CAGR during the forecast period. The growth can be attributed to high demand for 8 ml vial tubes in pathology labs, and hospitals, and biological laboratories in small-capacity centrifuging applications for routine medical tests.

Global Vials Market, by Drug Type

Based on the drug type, the market for vials is divided into injectable and non-injectable. The injectable segment is expected to grow at a highest CAGR during the forecast period. The growing focus on health due to increasing prevalence of diseases has led to high demand for medicines and pharmaceutical products. The injectable pharmaceuticals require vials for high-quality packaging for its therapeutic injectable applications. This is expected to drive segment growth.

Global Vials Market, by Application

Based on the application, the market for vials is divided into nasal, oral, and others. The nasal segment is expected to grow at the highest CAGR during the forecast period. The growth can be attributed to increasing prevalence of nasal polyp and sinus, conditions related to nose, and respiratory diseases like asthma, which require proper medication. The medication for these conditions is available as nasal sprays. These nasal sprays are packaged in vial bottles, as it is suitable for protective packaging. Thus, increasing use of nasal sprays is expected to drive the segment growth.

Global Vials Market, by End User

Based on the end-use, the market for vials is divided into pharmaceutical companies, biopharmaceutical companies, contract development and manufacturing companies, compound pharmacy and others.

The pharmaceutical companies segment holds the largest market share in 2021 and it is expected to remain the largest segment during the forecast period. The growth can be attributed to the pharmaceutical companies having the maximum requirement for vials for packaging medicines, chemicals, drugs, and other pharmaceuticals. The increasing requirement of vaccines has led to high demand for vials from pharmaceutical industries for distributing the vaccine solution in sturdy packaging. This is expected to drive the segment growth.

Global Vials Market, by Disease

Based on the, the market for vials is divided parenteral, gastro, ENT, and others. The ENT segment holds the largest market share in 2021 and it is expected to remain the largest segment during the forecast period. The growth can be attributed to increasing prevalence of allergies, running nose problems, sleeping disorder, nasal obstructions and diseases related to ear, nose, and throat. This has resulted in high demand for nasal drops, eye-drop, ear-drops etc. These medicines are available in vial bottles in the market. High demand for these medicines is expected to augment the segment growth.

Global Vials Market, by Region

Based on region, the vials market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and South America. Among these regions, North America vials market holds the largest market share. Increasing demand for medical vials that are needed to inoculate people with vaccination is driving regional market growth. U.S. is a major contributor to the market with huge healthcare spending. According to IQVIA, U.S., spending on medicines reached USD 560-590 billion in 2020, a 34% increase in spending over 2015 on an invoice price basis.

Favorable healthcare policies and implementation of new laws and rules and regulations to ease healthcare crisis in the country is expected to improve healthcare, which will benefit the pharmaceutical sector in U.S. Some of these policies and laws coming into effect include The Families First Coronavirus Response Act (FFCRA), The Coronavirus Aid, Relief, and Economic Security (CARES) Act, and CARES Act, and other state or federal government Disaster Relief Medicaid program (DRM). As people benefit from these new policies and laws covering immediate assistance on healthcare and relief, it will result in people seeking more medical assistance. This in turn is expected to have a positive impact on the growth of the market.

Asia Pacific is expected to grow at the highest CAGR over the forecast period. The increasing demand for medication delivery and packaging in countries such as India, China, Indonesia, and Japan is driving the growth of the market. China and India have a robust pharmaceutical industry due to large population, which has increasing healthcare needs.

According to the China Vaccine Industry Association, China's annual production of vaccine vials can reach at least 8 billion units, in 2021. This has resulted in high demand for medicines leading to increasing need of medical supplies like vials used to package pharmaceutical liquids. Hence, the use of vials in medical and pharmaceutical industries is expected to propel the market in the Asia-Pacific region.

TABLE 2: GLOBAL VIALS MARKET OVERVIEW

TABLE 2: GLOBAL VIALS MARKET OVERVIEW

   FIGURE 2: GLOBAL VIALS MARKET (USD MILLION), 2021-2030

 FIGURE 1: GLOBAL VIALS MARKET (USD MILLION), 2021-2030

Recent Developments in the Global Vials Market

  • March, 2021 - Global specialty glass maker, Schott, delivered glass vials for over 1 billion doses of COVID-19 vaccines. The company looks to deliver vials for more than 2 billion vaccine doses during 2021.
  • March, 2021 - Corning Inc. plans to increase production of glass vials for COVID vaccines by 50% from prior targets. The company is expecting to produce 150 million vials this year that will hold about 1.2 billion vaccine doses. The increased output is expected to alleviate a shortage of vials required to store the COVID-19 vaccines that combat the pandemic.
  • July, 2020 - Bormioli Pharma Invested in type I glass vial production for injectable medicines and vaccines. This investment will allow Bormioli Pharma to better support pharmaceutical industry demand, especially during such unprecedented, challenging times.
  • June, 2020 - Corning Inc. announced that it was accepting USD 204 million from the U.S. Department of Health and Human Services to ramp up domestic production of glass vaccine vials.

What Does This Report Provide?

This report provides a detailed understanding of the vials market from qualitative and quantitative perspectives during the forecast period. The report also provides dynamic indicators with potential impact on the market during the forecast period and an in-depth analysis of the leading companies operating in the market. The major market drivers, challenges, and opportunities for the vials market have been covered in the report. This report further includes the market shares of the leading companies operating in the global market, along with their production capacities and the growth strategies adopted by them.

Market Segmentation:

By Material

  • Plastic

  • Glass

  • Others

By Neck Type

  • Crimp Neck

  • Double Chamber

  • Screw Neck

  • Flip Cap

  • Others

By Cap Size

  • 13-425 mm

  • 15-425 mm

  • 18-400 mm

  • 22-350 mm

  • 24-400 mm

  • 8-425 mm

  • 9 mm

  • Others

By Distribution Channel

  • Direct Sales

  • Medical Stores/Pharmacies

  • E-Commerce

  • Others

By Capacity

  • 1 ml

  • 2 ml

  • 3 ml

  • 4 ml

  • 8 ml

  • 10 ml

  • 20 ml

  • 30 ml

  • 50 ml

  • Others

By Drug Type

  • Injectable

  • Non-Injectable

By Application

  • Nasal

  • Oral

  • Others

By End User

  • Pharmaceutical Companies

  • Biopharmaceutical Companies

  • Contract Development and Manufacturing Companies

  • Compound Pharmacy

  • Others

By Disease

  • Parenteral
  • Gastro
  • ENT
  • Others

Regional Coverage:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Russia
    • UK
    • France
    • Italy
    • Spain
    • The Netherlands
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Indonesia
    • Rest of Asia Pacific
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Argentina
    • Colombia
    • Rest of South America

Major Companies: The major companies operating in the vials market include Bormioli Pharma S.p.a., TOYOBO CO., LTD., NIPRO, Piramal Glass Private Limited, Corning Incorporated, DWK Life Sciences Ltd., APG, Gerresheimer AG, SCHOTT AG, Berry Global Inc., West Pharmaceutical Services, Inc., Origin Pharma Packaging, SGD Pharma, Pacific Vial, and Stevanato Group.

Objectives of This Report:

  • To estimate the market size for the vials market on a regional and global basis
  • To identify major segments in the vials market and evaluate their market shares and demand
  • To provide a competitive scenario for the vials market with major developments observed by the key companies in the historic years
  • To evaluate key factors governing the dynamics of vials market with their potential gravity during the forecast period
  • To evaluate the leading company-wise pricing analysis for the mentioned applications

Key Questioned Answered in the Study:

  • What are major growth drivers and market trends that are affecting the vials market?
  • What is the market size in terms of both value and volume for the vials market?
  • Who are the leading market players and who are the new market players that operate in the vials market with an estimated market share?
  • What are the future investment pockets and opportunity in the vials market?
  • Major list of customers and potential futuristic customer list along with an estimated buying volume.
  • What will be the impact of COVID-19 on the vials market?

Customization:

This study is customized to meet your specific requirements:

  • By sub-segment
  • By client-specific country, type, and application market analysis
  • Pricing analysis along with the potential list of customers
  • Product-specific competitive analysis

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