Italy Ophthalmic Packaging Market Size & Outlook, 2023-2030
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Italy ophthalmic packaging market highlights
- The Italy ophthalmic packaging market generated a revenue of USD 232.6 million in 2022 and is expected to reach USD 408.8 million by 2030.
- The Italy market is expected to grow at a CAGR of 7.1% from 2023 to 2030.
- In terms of segment, multi dose was the largest revenue generating dose in 2022.
- Multi dose is the most lucrative dose segment registering the fastest growth during the forecast period.
Ophthalmic packaging market data book summary
| Market revenue in 2022 | USD 232.6 million |
| Market revenue in 2030 | USD 408.8 million |
| Growth rate | 7.1% (CAGR from 2023 to 2030) |
| Largest segment | Multi dose |
| Fastest growing segment | Multi dose |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Multi dose, Single dose |
| Key market players worldwide | Amcor PLC, West Pharmaceutical Services Inc, Gerresheimer AG ADR, Schott Pharma AG & CO KGaA, AptarGroup Inc, BD |
Other key industry trends
- In terms of revenue, Italy accounted for 2.2% of the global ophthalmic packaging market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany ophthalmic packaging market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 723.6 million by 2030.
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Ophthalmic Packaging Market Scope
Ophthalmic Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Schott Pharma AG & CO KGaA | View profile | 4646 | Hattenbergstrasse 10, Mainz, RP, Germany, 55122 | https://www.schott-pharma.com |
| BD | View profile | 10001+ | Franklin Lakes, New Jersey, United States, North America | https://www.bd.com |
| Gerresheimer AG ADR | View profile | 11660 | Klaus-Bungert-Strasse 4, Duesseldorf, NW, Germany, 40468 | https://www.gerresheimer.com |
| Amcor PLC | View profile | 41000 | 83 Tower Road North, Warmley, Bristol, United Kingdom, BS30 8XP | https://www.amcor.com |
| West Pharmaceutical Services Inc | View profile | 10600 | 530 Herman O. West Drive, Exton, PA, United States, 19341-1147 | https://www.westpharma.com |
| AptarGroup Inc | View profile | 13800 | 265 Exchange Drive, Suite 301, Crystal Lake, IL, United States, 60014 | https://www.aptar.com |
Italy ophthalmic packaging 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 ophthalmic packaging market will help companies and investors design strategic landscapes.
Multi dose was the largest segment with a revenue share of 79.23% in 2022. Horizon Databook has segmented the Italy ophthalmic packaging market based on multi dose, single dose covering the revenue growth of each sub-segment from 2018 to 2030.
The presence of numerous global suppliers of ophthalmic packaging systems and increasing investment by them on R&D, to develop innovative packaging systems are factors anticipated to fuel market growth in the country. Bisio Progetti and Farmigea S.p.A. are a few of the leading ophthalmic packaging material providers in the country.
The concept of single-dose ophthalmic containers was introduced in the country in the early 1980s by Farmigea. On the other hand, Bisio Progetti is a leading Italian packager manufacturing resealable-single dose vials for ophthalmic application.
These single dose vials contain medication in a sterile state and free of preservatives, proving to be cost-effective for drug developers. Thus, single-dose systems are being observed as the trend in the market. In July 2019, AJG Packaging became the exclusive distributor of Bisio Progetti resealable single-dose vials in the U.S. market.
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Target buyers of Italy ophthalmic packaging market databook
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Our clientele includes a mix of ophthalmic packaging market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Italy ophthalmic packaging market, including forecasts for subscribers. This country databook contains high-level insights into Italy ophthalmic packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy ophthalmic packaging market size, by material, 2017-2030 (US$M)
Italy Ophthalmic Packaging Market Share, 2022 & 2030 (US$M)
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