United States Vaccine Glass Vials Market was valued at USD 1.2 Billion in 2022 and is projected to reach USD 2.5 Billion by 2030, growing at a CAGR of 9.1% from 2024 to 2030.
The U.S. vaccine glass vials market has experienced significant growth in recent years, driven by increased vaccination efforts and advancements in pharmaceutical packaging. In 2022, the market was valued at approximately $923.71 million and is projected to reach $1,385.65 million by 2028, reflecting a compound annual growth rate (CAGR) of 6.99% during the study period. This surge underscores the critical role of glass vials in ensuring the safety and efficacy of vaccines.
One notable development in this sector is Corning's introduction of Valor Glass. Traditional borosilicate glass vials often face challenges such as breakage during filling and potential contamination from glass particles. Valor Glass addresses these issues by offering enhanced durability and chemical stability, reducing the risk of contamination and improving manufacturing efficiency. This innovation has positioned Corning as a key player in the vaccine packaging industry.
Despite these advancements, the industry faces challenges. The COVID-19 pandemic highlighted a global shortage of glass vials, emphasizing the need for increased production capacity. Factors such as the specialized nature of medical-grade glass and the time-consuming manufacturing process contribute to supply constraints. Additionally, the debate between using single-dose versus multi-dose vials impacts supply dynamics. Multi-dose vials are more economical but carry risks of contamination if not handled properly, while single-dose vials require more glass and increase manufacturing demands.
The competitive landscape of the U.S. vaccine glass vials market includes prominent players such as SCHOTT, Gerresheimer AG, Stevanato Group, Amcor, SGD Pharma, WestRock, and Corning Incorporated. These companies are investing in research and development to enhance vial quality and production efficiency, aiming to meet the growing demand for vaccines and ensure public health safety.
In conclusion, the U.S. vaccine glass vials market is poised for continued growth, driven by technological innovations and increased vaccination initiatives. However, addressing supply chain challenges and ensuring adequate production capacity remain essential to meet future demands and safeguard public health.
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Schott
Shangdong Pharmaceutical Glass Co.
Ltd
SGD-Pharma
Corning
DWK Life Sciences
Nippon Electric Glass Co.
Ltd.
Qorpak
Pacific Vial Manufacturing
Anhui Huaxin Glass
JOTOP Glass
Origin Ltd
Jinan Youlyy
Stevanato
Vetter Pharma
ChongQing Zhengchuan Pharmaceutical Packaging Co Ltd
Richland Glass
Gerresheimer
Nipro
Canzhou Four-star Glass Co.
Ltd.
Ningbo Zhengli Pharmaceutical Packaging
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Vaccine Glass Vials Market
Single Chamber Vials
Dual Chamber Vials
Prefilled Vials
Glass
Plastic
Rubber Stopper
Aluminum Seals
Plastic Caps
Pharmaceutical Industry
Healthcare Providers
Research Laboratories
Vaccines
Injectables
Biologics
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Vaccine Glass Vials Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Vaccine Glass Vials Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Vaccine Glass Vials Market, By Type
6. US Vaccine Glass Vials Market, By Application
7. US Vaccine Glass Vials Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Vaccine Glass Vials Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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