Ophthalmic Packaging Market Size Analysis and Top Companies
The global ophthalmic packaging market size was reached at USD 6.81 billion in 2023 and is expected to hit around USD 13.83 billion by 2032 with a CAGR of 8.2%. The major players operating in the ophthalmic packaging market are Amcor, West Pharmaceutical Services, Inc., Gerresheimer AG, SCHOTT AG, AptarGroup, Inc., Akorn, Inc., Johnson & Johnson Vision, Mitotech, SA, Bausch & Lomb Incorporated, AERIE PHARMACEUTICALS, INC., Novartis AG, Merck Sharp & Dohme Corp., Bayer AG, F. Hoffmann-La Roche Ltd., ALLERGAN, Santen Pharmaceutical Co., Teva Pharmaceutical Industries Ltd., and Others.
Market Report Coverage
| Report Coverage |
Details |
| Growth Rate from 2024 to 2032 |
CAGR of 8.2% |
| Market Size in 2023 |
USD 6.81 Billion |
| Market Size by 2032 |
USD 13.83 Billion |
| Largest Market |
North America |
| Fastest Growing Market |
Asia Pacific |
| Base Year |
2023 |
| Forecast Period |
2024 to 2032 |
| Segments Covered |
By Material, By Product Type, and By Application |
| Regions Covered |
North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Ophthalmic Packaging Key Players
- Amcor
- West Pharmaceutical Services, Inc.
- Gerresheimer AG
- SCHOTT AG
- AptarGroup, Inc.
- Akorn, Inc.
- Johnson & Johnson Vision
- Mitotech, SA
- Bausch & Lomb Incorporated
- AERIE PHARMACEUTICALS, INC.
- Novartis AG
- Merck Sharp & Dohme Corp.
- Bayer AG
- F. Hoffmann-La Roche Ltd.
- ALLERGAN
- Santen Pharmaceutical Co.
- Teva Pharmaceutical Industries Ltd.
Recent Development:
- In July 2021, by opening an office in Baldwin, Wisconsin, Nolato expanded its geographic reach. The business would increase its manufacturing and storage capabilities to meet the demands of medical products as a result of this development. The extension was also designed to support the manufacturing of diagnostic tools and components for pharmaceutical drugs.
- In August 2021, a unique healthcare lidding technology was revealed by Amcor. Combination goods, which have two or more controlled components, would take advantage of the technology.
- In October 2020, DropControl, the most modern type of drug dispenser, was introduced by Gerresheimer. In an ophthalmic context, this solution is appropriate for medications with an exceptionally low solids content.
- In September 2021, Amcor collaborated with Michigan State University's Department of Packaging and contributed $10 million to build a pipeline for a more environmentally friendly packaging sector.
- In August 2021, the BD COR System has been made available in the United States by Becton Dickinson (BD). This completely autonomous diagnostic technology raises the bar for diagnosing infections and diseases.
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