Global Industry Analysis
The Vials Market is an ever-growing industry with a wide range of applications. Vials are small containers that are used to hold and store liquid or solid materials in a variety of industries, including healthcare, pharmaceuticals, cosmetics, perfumes and laboratories.
A vial, often called an ampoule or jar, is a small glass or plastic bottle or container. Generally, vials are used to store medicines in the form of powders, liquids, or capsules. Glass vials were once the norm, but today’s vials come in a variety of plastic materials, including polypropylene.
Vials are produced using a variety of closed methods, including screw and crimp vials. In addition, plastic vials can feature a variety of additional closure mechanisms, such as flip caps or snap closures. A vial may be in the shape of a bottle or have a neck shape resembling a bottle.
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The volume defined by the neck of the vial is called the headspace. However, the bottom of the vial is usually flat, unlike that of test tubes, which is circular or rounded. Small, bottle-shaped vials are commonly used in chemical laboratories and are known as McCartney or bijou bottles.
Bijou bottles are usually smaller and have a clamping capacity of around 10mm. Various laboratories use different types of vials according to their needs, such as low adsorption vials, certified vials, screw cap vials, 9mm screw cap vials, snap ring vials, crimp cap vials, polypropylene vials, interlocked vials, inserts, vice versa vials, shelled vials, center drain vials, and headspace vials.
Vials are primarily used as scientific sample containers, specifically in automatic sampling devices used in the analytical chromatography process. Furthermore, vials are used as primary or secondary packaging material to store various medicines in powder, granule or liquid form. Medicines of a highly sensitive nature can only be stored in vials to protect them from the external environment.
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The chromatography accessories market as well as the packaging market drives a huge demand for vials in the global market. The chromatography market is a technology driven market where new technologies and end users are witnessing continuous and rapid changes. All large companies continue to invest to expand their research and development team with the main objective of introducing new products and technologies to the market.
The vial market was the fastest growing segment in the chromatography accessories market. The vial market is expected to continue to grow further in the coming years due to innovations in terms of various types of materials used in vial manufacturing as well as vial design.
The demand for vials is essentially driven by the increasing demand for chromatography procedures in various industries including biotechnology, life sciences, chemicals, food and beverage, pesticides, and insecticides. In addition, increased investment by governments in the Asia Pacific region, mainly in the biochemical industry, is expected to boost the vial market over the forecast period.
Key regions in the vial market include North America, Europe, Asia Pacific, and the Rest of the World (RoW). Major players from the North American region, as well as the European region, are focusing on increasing their presence in several high-growth markets in the Asia Pacific region.
Several companies plan to expand their base in emerging countries such as India, China, Taiwan, Hong Kong and Singapore. These markets offer a wide range of growth opportunities and are expected to be high investment regions as well as new revenue pockets for the global market. High population, new technologies, increasing number of chemical laboratories, high investment in various R&D activities, and favorable demographics are expected to be the key drivers for the global vial market.
Key players operating in the vials industry include MeadWestvaco Corporation in the US, Amcor Ltd, in Australia, Schott AG located in Germany, Rexam PLC in the UK, Gerresheimer AG located in Germany, and West Pharmaceutical Services, located In the USA.
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The Chemicals and Materials division of Persistence Market Research offers distinct and pin-point analysis about chemicals and materials industry. Chemical coverage extends from commodity, bulk, specialty and petrochemicals to advanced materials, composites and nanotechnology in particular with special emphasis on ‘green alternatives’, recycling and renewable technology developments, supply-demand-trade assessment. Our research studies are widely referred by chemical manufacturers, research institutions, channel partners and government bodies for developing – ‘The Way Forward’.
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