Market Size of MEA Ampoules Packaging Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 6.50 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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MEA Ampoules Packaging Market Analysis
The Middle East and Africa Ampoules Packaging Market are expected to register a CAGR of approximately 6.5% during the forecast period (2020-2025).
- The Middle East & Africa region depicts huge potential for the pharmaceutical industry's growth, which poses several opportunities for the ampoules manufacturers in the region. Additionally, the pharmaceutical industry's sustainable growth is also supported by the regional government due to their continued support and investments through long-term plans.
- For instance, the Dubai Industrial Strategy 2030 and the Abu Dhabi vision 2030, view the pharmaceutical industry as one of sub-sectors with major growth , and aims to make significant developments due to its future growth prospects, export potential, and mid-term to long-term economic impact.
- Further, the introduction of stringent laws to enhance the quality and integrity of domestically manufactured drugs is primarily leading to an increase in the usage of glass as a material for pharmaceutical packaging products.
- COVID-19 is expected to increase the market demand due to increasing focus on healthcare and growing research regarding coronavirus vaccine.
MEA Ampoules Packaging Industry Segmentation
Ampoules are another most common pharmaceutical packaging solutions globally. Generally, ampoules are made of glass, but plastic ampoules are also widely available. Ampoules offer special benefits and safety for liquids used in the pharmaceutical industry. The market study categorizes the market into different types of materials used, such as glass and plastics, amongst others, and its scope in the Middle East & Africa region.
| Material | |
| Glass | |
| Plastic |
| Country | |
| Saudi Arabia | |
| Israel | |
| United Arab Emirates | |
| South Africa | |
| Rest of Middle East and Africa |
MEA Ampoules Packaging Market Size Summary
The Middle East and Africa ampoules packaging market is poised for significant growth, driven by the expanding pharmaceutical industry in the region. Government initiatives, such as Dubai Industrial Strategy 2030 and Abu Dhabi Vision 2030, are fostering the pharmaceutical sector's development, which in turn creates opportunities for ampoule manufacturers. The region's focus on enhancing drug quality and integrity has led to increased use of glass in pharmaceutical packaging, as glass ampoules offer tamper-proof and cost-effective solutions for injectable drugs. The COVID-19 pandemic has further amplified demand, highlighting the importance of healthcare and vaccine research. Additionally, the prevalence of infectious diseases, such as HIV/AIDS, necessitates the use of sterile drug injection equipment, boosting the adoption of ampoules for drug storage and transport.
South Africa, with its stable political environment and robust economic growth, is witnessing a surge in its pharmaceutical industry. This growth is fueled by urbanization, increased healthcare spending, and foreign investments. The demand for effective packaging solutions is rising, driven by the need to maintain drug integrity throughout the supply chain. Pharmaceutical companies are adhering to stringent regulations to ensure consumer safety and environmental compliance. The launch of new drugs, such as Aspen Pharmacare's antiretroviral medication for HIV, underscores the need for reliable packaging like ampoules. The competitive landscape in the region is consolidated, with few players dominating the market, but collaborations and partnerships are expected to enhance market presence and share. Global collaborations, such as those involving Russian researchers and Saudi Arabian and UAE partners for coronavirus vaccine trials, present further growth opportunities for ampoule providers.
MEA Ampoules Packaging Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Increasing Demand for Safe and Reliable Pharmaceutical Packaging
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1.2.2 Increasing Government Mandates Regarding Packaging Material
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1.3 Market Restraints
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1.3.1 Environmental and Sustainability Issues
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1.4 Industry Value Chain Analysis
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1.5 Industry Attractiveness - Porter's Five Forces Analysis
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1.5.1 Bargaining Power of Suppliers
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1.5.2 Bargaining Power of Buyers/Consumers
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1.5.3 Threat of New Entrants
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1.5.4 Threat of Substitute Products
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1.5.5 Intensity of Competitive Rivalry
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1.6 Assessment of Impact of Covid-19 on the Market
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2. MARKET SEGMENTATION
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2.1 Material
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2.1.1 Glass
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2.1.2 Plastic
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2.2 Country
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2.2.1 Saudi Arabia
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2.2.2 Israel
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2.2.3 United Arab Emirates
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2.2.4 South Africa
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2.2.5 Rest of Middle East and Africa
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MEA Ampoules Packaging Market Size FAQs
What is the current MEA Ampoules Packaging Market size?
The MEA Ampoules Packaging Market is projected to register a CAGR of 6.5% during the forecast period (2024-2029)
Who are the key players in MEA Ampoules Packaging Market?
Syntegon Technology GmbH, SCHOTT AG, Gerresheimer AG, Adelphi Group (Adelphi Healthcare Packaging) and DWK Life Sciences Ltd. are the major companies operating in the MEA Ampoules Packaging Market.
