Market Trends of NA Ampoules Packaging Industry
This section covers the major market trends shaping the North America Ampoules Packaging Market according to our research experts:
Pharmaceutical Industry Expected to Exhibit the Maximum Number of Adoption
- The North American region dominates the pharmaceutical industry in terms of innovation and differentiation and an increasing number of initiatives taken by the pharmaceutical manufacturing companies towards R&D activities. The US Food and Drug Administration (FDA) approved 41 novel new drugs in 2014, representing the highest number in the past 18 years.
- The increasing manufacturing and research activities give rise to rising demand for regulations to ensure drug safety and protection. So, manufactures are collaborating with contract packagers to develop a drug adherence package that communicates dosage information through print and graphics.
- As per the Food and Drug Administration (FDA) regulations in the United States, pharmaceutical drugs need high barrier packaging materials and sealants that are impermeable and resistant to solvents, grease, chemicals, and heat for better security protection. Such needs and developments act as a major catalyst for the increase in demand for ampoules packaging solutions in the market.
- Also, the increasing demand for injectable drugs, due to higher ROI, therapeutic efficiency, and rapid onset of action are expected to drive the growth of ampoules in the industry.
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United States Expected to Dominate the Market
- The United States is expected to dominate the ampoules packaging market in the North America region, owing to the dominance of several end-user industries in the country, such as the pharmaceutical and the personal care sectors.
- The consumers in the United States are placing greater importance on sustainable, eco-friendly packaging solutions, which allows the manufacturers to adopt glass ampoules over plastic ampoules. Companies like Gerresheimer serves all market segments of the international pharmaceutical and healthcare industry, also covering all aspects of beauty and hygiene.
- In April 2020, Keystone Folding Box Co., which is involved in the designing and manufacturing of paperboard packaging solutions, incorporated new die-cutting and gluing equipment into its production facility. The infrastructure investment increases the company’s production capacity of a vial, ampoules, and syringe packaging by 25%, and accommodates shorter lead-times.
- Keystone's portfolio includes a broad range of secondary packaging systems for injectable pharmaceutical products, available for prefilled syringes, autoinjector pens, vials, and ampoules, as well as combinations of these drug delivery formats.
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