The Pharmaceutical Glass Ampoules Market Size was valued at USD 3.23 billion in 2023 and is expected to reach USD 5.65 billion by 2031 and grow at a CAGR of 7.2% over the forecast period 2024-2031.
Pharmaceutical glass ampoule manufacturers are expanding production of crushable glass ampoules using onion skin glass tubing. These single-use containers are preferred for medications, fluids, and gases due to their non-reactive nature. Emphasis is on custom-designed, tamper-resistant, and sterilizable glass ampoules, offering exceptional resistance to external elements. The market is driven by increased demand for pharmaceuticals, eco-friendly options on e-commerce platforms, and a shift to glass to reduce carbon footprint. The growth is further fuelled by the need for tamper-proof packaging and technological advancements in the pharmaceutical sector, creating lucrative opportunities for global players.
The increasing demand for pain relievers, anaesthetics, and anti-inflammatory drugs is fuelling the need for pharmaceutical glass ampoules. Manufacturers are increasingly recognizing the global imperative for top-tier medication administration standards, leading to advancements in ampoule design that provide optimal protection for drug formulations. Emphasizing patient safety, glass ampoules offer robust protection against environmental factors like moisture, oxygen, and light, ensuring the safety and efficacy of medications. With the ability to be crafted in compact and lightweight forms, glass ampoules are convenient to handle, store, and transport. This makes them particularly suitable for hospital and clinical settings where space and mobility are critical concerns. Additionally, their portability facilitates easy transportation between locations.
KEY DRIVERS:
The rising prevalence of chronic diseases and the growing reliance on vaccines and biologics have led to an increased demand for injectable drugs, which are commonly packaged in glass ampoules.
RESTRAIN:
The development of advanced polymers and plastics for pharmaceutical packaging poses a threat to the glass ampoules market, as these materials offer comparable barrier properties with reduced risk of breakage.
OPPORTUNITY:
The expanding biologics sector and the rise of personalized medicine create opportunities for customized glass ampoule packaging solutions tailored to specific drugs and therapies.
CHALLENGES:
The Russia-Ukraine war has triggered disruptions in the pharmaceutical glass ampoules market supply chain, primarily impacting raw material access, such as silica sand. As key players in global raw material supply, logistical challenges and increased transportation costs have arisen, affecting ampoule production. The conflict's geopolitical tensions have also led to a surge in energy prices, impacting the energy-intensive manufacturing process and potentially raising end-user prices. Market uncertainty stemming from the regional instability is deterring investment and expansion plans, potentially hindering growth and innovation in the pharmaceutical glass ampoule sector.
The economic crisis has introduced a heightened focus on cost sensitivity across industries, including the pharmaceutical sector, potentially impacting the demand for glass ampoules. Pharmaceutical companies, seeking more cost-effective packaging solutions during downturns, may consider alternatives that could compete with glass ampoules. Additionally, the economic downturn is likely to result in reduced investments in research and development within the Pharmaceutical Glass Ampoules Market, hampering innovation and slowing down the advancement of new designs and manufacturing processes. Despite the pharmaceutical industry's general resilience to economic downturns due to the essential nature of its products, fluctuations in demand for specific medications may still influence the overall demand for glass ampoules used in their packaging.
By Product Type
The open funnel product type dominates the pharmaceutical glass ampoules market with share 33%, mainly because of its user-friendly and adaptable design, securing the largest market share. Open-funnel ampoules excel in accommodating diverse drug formulations, driving their popularity and market dominance. Meanwhile, straight stem ampoules experience rapid growth in the pharmaceutical glass market due to their alignment with modern trends. They streamline production with automated processes and enhance aseptic packaging, minimizing contamination risks.
By Capacity
The 3 ml - 5 ml capacity range dominates the pharmaceutical glass ampoules market with a 37% share, owing to its versatility and wide usage in vaccines, injectable, and diagnostics. This range strikes a balance between volume and compactness, making it preferred by manufacturers. Meanwhile, the 6 ml - 8 ml segment sees the fastest growth due to rising demand for specialized drug formulations, especially biologics and vaccines requiring slightly larger volumes.
By End Use
North America leads the pharmaceutical glass ampoules market with share 47.5%, due to its strong pharmaceutical industry with robust R&D, consistent demand for high-quality packaging, stringent regulatory standards, and the presence of major pharmaceutical companies. Additionally, the region's proactive stance on sustainability aligns well with the eco-friendly nature of glass packaging, further enhancing its popularity. In Europe, the proximity and economic relations with the Russia-Ukraine conflict have a significant impact. European nations might encounter difficulties in sourcing raw materials and managing higher energy expenses, possibly resulting in elevated prices and disruptions in the pharmaceutical glass ampoules supply chain.
The Asia Pacific region is witnessing rapid growth in the pharmaceutical glass ampoules market due to factors such as increased pharmaceutical production and consumption, rising demand for vaccination and freeze-dried formulations, expanding middle-class population, growing healthcare awareness, and cost-effective manufacturing capabilities such as China and India, and the rising demand for vaccination and freeze-dried formulations.
REGIONAL COVERAGE:
North America
Europe
Asia Pacific
Middle East & Africa
Latin America
Some of the major players in the Pharmaceutical Glass Ampoules Market are Schott AG, Gerresheimer AG, Nipro Corporation, Stevanato Group, Becton Dickinson and Company, West Pharmaceutical Services, Inc., Corning Incorporated, SGD Pharma, Piramal Glass, Triveni Polymers Pvt. Ltd., and other players.
Schott AG-Company Financial Analysis
Report Attributes | Details |
---|---|
Market Size in 2023 | US$ 3.23 Billion |
Market Size by 2031 | US$ 5.65 Billion |
CAGR | CAGR of 7.2% From 2024 to 2031 |
Base Year | 2023 |
Forecast Period | 2024-2031 |
Historical Data | 2020-2022 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Product Type (Open Funnel, Closed Funnel, Straight Stem, Others) • By Capacity (Up To 2ml, 2-10 Ml, Above 10 Ml) • By End Use (Hospitals, Pharmaceuticals, Biotech Companies, Others) |
Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
Company Profiles | Schott AG, Gerresheimer AG, Nipro Corporation, Stevanato Group, Becton Dickinson and Company, West Pharmaceutical Services, Inc., Corning Incorporated, SGD Pharma, Piramal Glass, Triveni Polymers Pvt. Ltd. |
Key Drivers | • Increasing Demand for Injectable Drugs • Advancements in Pharmaceutical Manufacturing further fuelling the market growth. |
Restraints | • Emergence of Alternative Packaging Solutions • Balancing standardization, customization, timely delivery, and cost-effectiveness presents a major challenge for glass ampoule manufacturers. |
Ans: The Pharmaceutical Glass Ampoules Market is expected to grow at a CAGR of 7.2%.
Ans: The Pharmaceutical Glass Ampoules Market size was USD 3.23 billion in 2023 and is expected to Reach USD 5.65 billion by 2031.
Ans: Advancements in Pharmaceutical Manufacturing further fuelling the market growth.
Ans: Balancing standardization, customization, timely delivery, and cost-effectiveness presents a major challenge for glass ampoule manufacturers.
Ans: The North America held the largest market share and will continue to dominate the market.
TABLE OF CONTENTS
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Industry Flowchart
3. Research Methodology
4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
5. Impact Analysis
5.1 Impact of Russia-Ukraine Crisis
5.2 Impact of Economic Slowdown on Major Countries
5.2.1 Introduction
5.2.2 United States
5.2.3 Canada
5.2.4 Germany
5.2.5 France
5.2.6 UK
5.2.7 China
5.2.8 Japan
5.2.9 South Korea
5.2.10 India
6. Value Chain Analysis
7. Porter’s 5 Forces Model
8. Pest Analysis
9. Pharmaceutical Glass Ampoules Market Segmentation, By Product Type
9.1 Introduction
9.2 Trend Analysis
9.3 Open funnel
9.4 Closed Funnel
9.5 Straight Stem
9.6 Others
10. Pharmaceutical Glass Ampoules Market Segmentation, By Capacity
10.1 Introduction
10.2 Trend Analysis
10.3 Up to 2ml
10.4 3ml-5ml
10.5 6ml-8ml
10.6 Above 8ml
11. Pharmaceutical Glass Ampoules Market Segmentation, By End Use
11.1 Introduction
11.2 Trend Analysis
11.3 Hospitals
11.4 Pharmaceuticals
11.5 Biotech Companies
11.6 Others
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 Trend Analysis
12.2.2 North America Pharmaceutical Glass Ampoules Market By Country
12.2.3 North America Pharmaceutical Glass Ampoules Market By Product Type
12.2.4 North America Pharmaceutical Glass Ampoules Market By Capacity
12.2.5 North America Pharmaceutical Glass Ampoules Market By End Use
12.2.6 USA
12.2.6.1 USA Pharmaceutical Glass Ampoules Market By Product Type
12.2.6.2 USA Pharmaceutical Glass Ampoules Market By Capacity
12.2.6.3 USA Pharmaceutical Glass Ampoules Market By End Use
12.2.7 Canada
12.2.7.1 Canada Pharmaceutical Glass Ampoules Market By Product Type
12.2.7.2 Canada Pharmaceutical Glass Ampoules Market By Capacity
12.2.7.3 Canada Pharmaceutical Glass Ampoules Market By End Use
12.2.8 Mexico
12.2.8.1 Mexico Pharmaceutical Glass Ampoules Market By Product Type
12.2.8.2 Mexico Pharmaceutical Glass Ampoules Market By Capacity
12.2.8.3 Mexico Pharmaceutical Glass Ampoules Market By End Use
12.3 Europe
12.3.1 Trend Analysis
12.3.2 Eastern Europe
12.3.2.1 Eastern Europe Pharmaceutical Glass Ampoules Market By Country
12.3.2.2 Eastern Europe Pharmaceutical Glass Ampoules Market By Product Type
12.3.2.3 Eastern Europe Pharmaceutical Glass Ampoules Market By Capacity
12.3.2.4 Eastern Europe Pharmaceutical Glass Ampoules Market By End Use
12.3.2.5 Poland
12.3.2.5.1 Poland Pharmaceutical Glass Ampoules Market By Product Type
12.3.2.5.2 Poland Pharmaceutical Glass Ampoules Market By Capacity
12.3.2.5.3 Poland Pharmaceutical Glass Ampoules Market By End Use
12.3.2.6 Romania
12.3.2.6.1 Romania Pharmaceutical Glass Ampoules Market By Product Type
12.3.2.6.2 Romania Pharmaceutical Glass Ampoules Market By Capacity
12.3.2.6.4 Romania Pharmaceutical Glass Ampoules Market By End Use
12.3.2.7 Hungary
12.3.2.7.1 Hungary Pharmaceutical Glass Ampoules Market By Product Type
12.3.2.7.2 Hungary Pharmaceutical Glass Ampoules Market By Capacity
12.3.2.7.3 Hungary Pharmaceutical Glass Ampoules Market By End Use
12.3.2.8 Turkey
12.3.2.8.1 Turkey Pharmaceutical Glass Ampoules Market By Product Type
12.3.2.8.2 Turkey Pharmaceutical Glass Ampoules Market By Capacity
12.3.2.8.3 Turkey Pharmaceutical Glass Ampoules Market By End Use
12.3.2.9 Rest of Eastern Europe
12.3.2.9.1 Rest of Eastern Europe Pharmaceutical Glass Ampoules Market By Product Type
12.3.2.9.2 Rest of Eastern Europe Pharmaceutical Glass Ampoules Market By Capacity
12.3.2.9.3 Rest of Eastern Europe Pharmaceutical Glass Ampoules Market By End Use
12.3.3 Western Europe
12.3.3.1 Western Europe Pharmaceutical Glass Ampoules Market By Country
12.3.3.2 Western Europe Pharmaceutical Glass Ampoules Market By Product Type
12.3.3.3 Western Europe Pharmaceutical Glass Ampoules Market By Capacity
12.3.3.4 Western Europe Pharmaceutical Glass Ampoules Market By End Use
12.3.3.5 Germany
12.3.3.5.1 Germany Pharmaceutical Glass Ampoules Market By Product Type
12.3.3.5.2 Germany Pharmaceutical Glass Ampoules Market By Capacity
12.3.3.5.3 Germany Pharmaceutical Glass Ampoules Market By End Use
12.3.3.6 France
12.3.3.6.1 France Pharmaceutical Glass Ampoules Market By Product Type
12.3.3.6.2 France Pharmaceutical Glass Ampoules Market By Capacity
12.3.3.6.3 France Pharmaceutical Glass Ampoules Market By End Use
12.3.3.7 UK
12.3.3.7.1 UK Pharmaceutical Glass Ampoules Market By Product Type
12.3.3.7.2 UK Pharmaceutical Glass Ampoules Market By Capacity
12.3.3.7.3 UK Pharmaceutical Glass Ampoules Market By End Use
12.3.3.8 Italy
12.3.3.8.1 Italy Pharmaceutical Glass Ampoules Market By Product Type
12.3.3.8.2 Italy Pharmaceutical Glass Ampoules Market By Capacity
12.3.3.8.3 Italy Pharmaceutical Glass Ampoules Market By End Use
12.3.3.9 Spain
12.3.3.9.1 Spain Pharmaceutical Glass Ampoules Market By Product Type
12.3.3.9.2 Spain Pharmaceutical Glass Ampoules Market By Capacity
12.3.3.9.3 Spain Pharmaceutical Glass Ampoules Market By End Use
12.3.3.10 Netherlands
12.3.3.10.1 Netherlands Pharmaceutical Glass Ampoules Market By Product Type
12.3.3.10.2 Netherlands Pharmaceutical Glass Ampoules Market By Capacity
12.3.3.10.3 Netherlands Pharmaceutical Glass Ampoules Market By End Use
12.3.3.11 Switzerland
12.3.3.11.1 Switzerland Pharmaceutical Glass Ampoules Market By Product Type
12.3.3.11.2 Switzerland Pharmaceutical Glass Ampoules Market By Capacity
12.3.3.11.3 Switzerland Pharmaceutical Glass Ampoules Market By End Use
12.3.3.1.12 Austria
12.3.3.12.1 Austria Pharmaceutical Glass Ampoules Market By Product Type
12.3.3.12.2 Austria Pharmaceutical Glass Ampoules Market By Capacity
12.3.3.12.3 Austria Pharmaceutical Glass Ampoules Market By End Use
12.3.3.13 Rest of Western Europe
12.3.3.13.1 Rest of Western Europe Pharmaceutical Glass Ampoules Market By Product Type
12.3.3.13.2 Rest of Western Europe Pharmaceutical Glass Ampoules Market By Capacity
12.3.3.13.3 Rest of Western Europe Pharmaceutical Glass Ampoules Market By End Use
12.4 Asia-Pacific
12.4.1 Trend Analysis
12.4.2 Asia-Pacific Pharmaceutical Glass Ampoules Market By Country
12.4.3 Asia-Pacific Pharmaceutical Glass Ampoules Market By Product Type
12.4.4 Asia-Pacific Pharmaceutical Glass Ampoules Market By Capacity
12.4.5 Asia-Pacific Pharmaceutical Glass Ampoules Market By End Use
12.4.6 China
12.4.6.1 China Pharmaceutical Glass Ampoules Market By Product Type
12.4.6.2 China Pharmaceutical Glass Ampoules Market By Capacity
12.4.6.3 China Pharmaceutical Glass Ampoules Market By End Use
12.4.7 India
12.4.7.1 India Pharmaceutical Glass Ampoules Market By Product Type
12.4.7.2 India Pharmaceutical Glass Ampoules Market By Capacity
12.4.7.3 India Pharmaceutical Glass Ampoules Market By End Use
12.4.8 Japan
12.4.8.1 Japan Pharmaceutical Glass Ampoules Market By Product Type
12.4.8.2 Japan Pharmaceutical Glass Ampoules Market By Capacity
12.4.8.3 Japan Pharmaceutical Glass Ampoules Market By End Use
12.4.9 South Korea
12.4.9.1 South Korea Pharmaceutical Glass Ampoules Market By Product Type
12.4.9.2 South Korea Pharmaceutical Glass Ampoules Market By Capacity
12.4.9.3 South Korea Pharmaceutical Glass Ampoules Market By End Use
12.4.10 Vietnam
12.4.10.1 Vietnam Pharmaceutical Glass Ampoules Market By Product Type
12.4.10.2 Vietnam Pharmaceutical Glass Ampoules Market By Capacity
12.4.10.3 Vietnam Pharmaceutical Glass Ampoules Market By End Use
12.4.11 Singapore
12.4.11.1 Singapore Pharmaceutical Glass Ampoules Market By Product Type
12.4.11.2 Singapore Pharmaceutical Glass Ampoules Market By Capacity
12.4.11.3 Singapore Pharmaceutical Glass Ampoules Market By End Use
12.4.12 Australia
12.4.12.1 Australia Pharmaceutical Glass Ampoules Market By Product Type
12.4.12.2 Australia Pharmaceutical Glass Ampoules Market By Capacity
12.4.12.3 Australia Pharmaceutical Glass Ampoules Market By End Use
12.4.13 Rest of Asia-Pacific
12.4.13.1 Rest of Asia-Pacific Pharmaceutical Glass Ampoules Market By Product Type
12.4.13.2 Rest of Asia-Pacific Pharmaceutical Glass Ampoules Market By Capacity
12.4.13.3 Rest of Asia-Pacific Pharmaceutical Glass Ampoules Market By End Use
12.5 Middle East & Africa
12.5.1 Trend Analysis
12.5.2 Middle East
12.5.2.1 Middle East Pharmaceutical Glass Ampoules Market By Country
12.5.2.2 Middle East Pharmaceutical Glass Ampoules Market By Product Type
12.5.2.3 Middle East Pharmaceutical Glass Ampoules Market By Capacity
12.5.2.4 Middle East Pharmaceutical Glass Ampoules Market By End Use
12.5.2.5 UAE
12.5.2.5.1 UAE Pharmaceutical Glass Ampoules Market By Product Type
12.5.2.5.2 UAE Pharmaceutical Glass Ampoules Market By Capacity
12.5.2.5.3 UAE Pharmaceutical Glass Ampoules Market By End Use
12.5.2.6 Egypt
12.5.2.6.1 Egypt Pharmaceutical Glass Ampoules Market By Product Type
12.5.2.6.2 Egypt Pharmaceutical Glass Ampoules Market By Capacity
12.5.2.6.3 Egypt Pharmaceutical Glass Ampoules Market By End Use
12.5.2.7 Saudi Arabia
12.5.2.7.1 Saudi Arabia Pharmaceutical Glass Ampoules Market By Product Type
12.5.2.7.2 Saudi Arabia Pharmaceutical Glass Ampoules Market By Capacity
12.5.2.7.3 Saudi Arabia Pharmaceutical Glass Ampoules Market By End Use
12.5.2.8 Qatar
12.5.2.8.1 Qatar Pharmaceutical Glass Ampoules Market By Product Type
12.5.2.8.2 Qatar Pharmaceutical Glass Ampoules Market By Capacity
12.5.2.8.3 Qatar Pharmaceutical Glass Ampoules Market By End Use
12.5.2.9 Rest of Middle East
12.5.2.9.1 Rest of Middle East Pharmaceutical Glass Ampoules Market By Product Type
12.5.2.9.2 Rest of Middle East Pharmaceutical Glass Ampoules Market By Capacity
12.5.2.9.3 Rest of Middle East Pharmaceutical Glass Ampoules Market By End Use
12.5.3 Africa
12.5.3.1 Africa Pharmaceutical Glass Ampoules Market By Country
12.5.3.2 Africa Pharmaceutical Glass Ampoules Market By Product Type
12.5.3.3 Africa Pharmaceutical Glass Ampoules Market By Capacity
12.5.3.4 Africa Pharmaceutical Glass Ampoules Market By End Use
12.5.3.5 Nigeria
12.5.3.5.1 Nigeria Pharmaceutical Glass Ampoules Market By Product Type
12.5.3.5.2 Nigeria Pharmaceutical Glass Ampoules Market By Capacity
12.5.3.5.3 Nigeria Pharmaceutical Glass Ampoules Market By End Use
12.5.3.6 South Africa
12.5.3.6.1 South Africa Pharmaceutical Glass Ampoules Market By Product Type
12.5.3.6.2 South Africa Pharmaceutical Glass Ampoules Market By Capacity
12.5.3.6.3 South Africa Pharmaceutical Glass Ampoules Market By End Use
12.5.3.7 Rest of Africa
12.5.3.7.1 Rest of Africa Pharmaceutical Glass Ampoules Market By Product Type
12.5.3.7.2 Rest of Africa Pharmaceutical Glass Ampoules Market By Capacity
12.5.3.7.3 Rest of Africa Pharmaceutical Glass Ampoules Market By End Use
12.6 Latin America
12.6.1 Trend Analysis
12.6.2 Latin America Pharmaceutical Glass Ampoules Market By country
12.6.3 Latin America Pharmaceutical Glass Ampoules Market By Product Type
12.6.4 Latin America Pharmaceutical Glass Ampoules Market By Capacity
12.6.5 Latin America Pharmaceutical Glass Ampoules Market By End Use
12.6.6 Brazil
12.6.6.1 Brazil Pharmaceutical Glass Ampoules Market By Product Type
12.6.6.2 Brazil Pharmaceutical Glass Ampoules Market By Capacity
12.6.6.3 Brazil Pharmaceutical Glass Ampoules Market By End Use
12.6.7 Argentina
12.6.7.1 Argentina Pharmaceutical Glass Ampoules Market By Product Type
12.6.7.2 Argentina Pharmaceutical Glass Ampoules Market By Capacity
12.6.7.3 Argentina Pharmaceutical Glass Ampoules Market By End Use
12.6.8 Colombia
12.6.8.1 Colombia Pharmaceutical Glass Ampoules Market By Product Type
12.6.8.2 Colombia Pharmaceutical Glass Ampoules Market By Capacity
12.6.8.3 Colombia Pharmaceutical Glass Ampoules Market By End Use
12.6.9 Rest of Latin America
12.6.9.1 Rest of Latin America Pharmaceutical Glass Ampoules Market By Product Type
12.6.9.2 Rest of Latin America Pharmaceutical Glass Ampoules Market By Capacity
12.6.9.3 Rest of Latin America Pharmaceutical Glass Ampoules Market By End Use
13. Company Profiles
13.1 Schott AG
13.1.1 Company Overview
13.1.2 Financial
13.1.3 Products/ Services Offered
13.1.4 SWOT Analysis
13.1.5 The SNS View
13.2 Gerresheimer AG
13.2.1 Company Overview
13.2.2 Financial
13.2.3 Products/ Services Offered
13.2.4 SWOT Analysis
13.2.5 The SNS View
13.3 Nipro Corporation
13.3.1 Company Overview
13.3.2 Financial
13.3.3 Products/ Services Offered
13.3.4 SWOT Analysis
13.3.5 The SNS View
13.4 Stevanato Group
13.4.1 Company Overview
13.4.2 Financial
13.4.3 Products/ Services Offered
13.4.4 SWOT Analysis
13.4.5 The SNS View
13.5 Becton Dickinson and Company
13.5.1 Company Overview
13.5.2 Financial
13.5.3 Products/ Services Offered
13.5.4 SWOT Analysis
13.5.5 The SNS View
13.6 West Pharmaceutical Services, Inc.
13.6.1 Company Overview
13.6.2 Financial
13.6.3 Products/ Services Offered
13.6.4 SWOT Analysis
13.6.5 The SNS View
13.7 Corning Incorporated
13.7.1 Company Overview
13.7.2 Financial
13.7.3 Products/ Services Offered
13.7.4 SWOT Analysis
13.7.5 The SNS View
13.8 SGD Pharma
13.8.1 Company Overview
13.8.2 Financial
13.8.3 Products/ Services Offered
13.8.4 SWOT Analysis
13.8.5 The SNS View
13.9 Piramal Glass
13.9.1 Company Overview
13.9.2 Financial
13.9.3 Products/ Services Offered
13.9.4 SWOT Analysis
13.9.5 The SNS View
13.10 Triveni Polymers Pvt. Ltd.
13.10.1 Company Overview
13.10.2 Financial
13.10.3 Products/ Services Offered
13.10.4 SWOT Analysis
13.10.5 The SNS View
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share Analysis
14.3 Recent Developments
14.3.1 Industry News
14.3.2 Company News
14.3.3 Mergers & Acquisitions
15. Use Case and Best Practices
16. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
The Child Resistant Packaging Market Size was valued at USD 24.67 billion in 2023 and is expected to reach USD 42.51 billion by 2032 and grow at a CAGR of 6.25% over the forecast period 2024-2032.
The Specialty Chemical Packaging Market Size was valued at USD 14 billion in 2023 and is expected to reach USD 19.97 billion by 2032 and grow at a CAGR of 4.03% over the forecast period 2024-2032.
Freezer Bags Market Size was valued at USD 4.85 billion in 2023 and is expected to reach USD 6.84 billion by 2032 and grow at a CAGR of 3.89% by 2024-2032
The Fresh Food Packaging Market size was valued at USD 135.5 billion in 2023 and is expected to Reach USD 198 billion by 2031 and grow at a CAGR of 4.8% over the forecast period of 2024-2031.
The Water Soluble Pods Packaging Market size was USD 3.27 billion in 2023 and is expected to Reach USD 5.01 billion by 2031 and grow at a CAGR of 5.5% over the forecast period of 2024-2031.
The market for Variable Data Printing Market in 2023 was estimated at USD 13.21 billion, and by 2031 it is projected to reach USD 36.15 billion with a CAGR of 13.4% over the period from 2024 to 2031.
Hi! Click one of our member below to chat on Phone