PHARMACEUTICAL VIALS MARKET – CURRENT MARKET LANDSCAPE

Primary packaging material plays a crucial role in preserving the stability, efficacy and safety of the drug as it is in direct contact with the packaged therapeutic. Additionally, primary packaging material assists in maintaining the sterility and quality of a drug product, while also providing information related to its identity and, in certain cases, dosing instructions.

The pharmaceutical vials market is highly fragmented, featuring the presence of established companies, as well as the start-ups. Examples of some established players include (in decreasing order of experience) Stoelzle Glass Group (1805), Bormioli Pharma (1825), Corning (1851), Rigolleau (1882), SCHOTT (1884), DWK Life Sciences (1887) and SGD Pharma (1896). It is important to highlight that majority (78%) of the pharmaceutical vial manufacturers are based in Asia Pacific and North America.

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The growing complexity of modern pharmacological interventions, such as monoclonal antibodies, and cell and gene therapies, has further prompted the drug developers to develop or identify specialized fill / finish and packaging alternatives that are capable of catering to the specific needs of such novel products. While there are different types of containers available in the market for storing and transporting drug formulations, pharmaceutical vials are the undisputed container of choice for parenterals. The cutting-edge packaging technologies coupled with highly advanced, robotic machinery have enhanced the overall quality standard for the entire vial manufacturing industry.