South Africa Ophthalmic Packaging Market Size & Outlook
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South Africa ophthalmic packaging market highlights
- The South Africa ophthalmic packaging market generated a revenue of USD 59.9 million in 2022 and is expected to reach USD 127.1 million by 2030.
- The South Africa market is expected to grow at a CAGR of 9.6% 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 59.9 million |
| Market revenue in 2030 | USD 127.1 million |
| Growth rate | 9.6% (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, South Africa accounted for 0.6% 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 Middle East & Africa, South Africa ophthalmic packaging market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 127.1 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 |
South Africa 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 80.63% in 2022. Horizon Databook has segmented the South Africa ophthalmic packaging market based on multi dose, single dose covering the revenue growth of each sub-segment from 2018 to 2030.
South Africa exhibits a high prevalence of blindness, with an estimated prevalence of 0.75%. Hence, to reduce the number of eye disorders, various initiatives and programs are being undertaken by public and private organizations in this region.
For instance, the National Prevention of Blindness Program aims to provide and promote prevention & cure of blindness. Such favorable government initiatives are likely to drive the ophthalmic packaging market in the country.
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Target buyers of South Africa 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 South Africa ophthalmic packaging market, including forecasts for subscribers. This country databook contains high-level insights into South Africa ophthalmic packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Africa ophthalmic packaging market size, by type, 2017-2030 (US$M)
South Africa Ophthalmic Packaging Market Share, 2022 & 2030 (US$M)
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