Overview
Vials are small containers made from plastic, glass, or borosilicate materials, designed for the storage and transport of pharmaceutical drugs, powders, or tablets. Their compact size makes them easier to handle and transport. Vials provide secure storage for medications due to their high chemical resistance, which minimizes interactions between the product and the container.
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Market Growth Trends
The rapid Covid-19 vaccine drive in countries is expected to drive the demand for the pharmaceutical vials market
The pharmaceutical vials market is expected to grow significantly due to the rapid COVID-19 vaccination efforts in various countries. As of now, over 2.23 billion vaccine doses have been administered worldwide. The countries with the highest vaccination rates are Israel, the United Kingdom, and Bahrain, with 52%, 42%, and 49% of their populations fully vaccinated, respectively. In densely populated countries like India, approximately 18,580,930 doses had been administered by May 2021, with an average daily vaccination rate of 1,510,644.
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Market is Segmented
• By Material: Glass, Plastic, Borosilicate
• By Application: Liquid, Powder, Tablets
• By Neck: Screw Neck, Crimp Neck, Double Chamber, Flip Cap
• By Capacity: 1 to 10 ml, 10 to 20 ml, 20 to 30 ml, 30 to 40 ml, 40 to 50 ml, Others
• By Region: North America, Latin America, Europe, Asia Pacific, Middle East, and Africa
Market Key Players
Pacific Vial Manufacturing Inc.
Schott AG
Corning Incorporated
Stevanato Group
ALK Life Science Solutions
DWK Life Sciences Ltd.
Gerresheimer AG
Berry Global Inc.
West Pharmaceutical Services, Inc.
Origin Pharma Packaging
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