Packaging is an integral part of product manufacturing, which helps in ensuring product safety along with easy transportation of products. Sterile packaging, specially the sterile bottles, are being extensively used for storage and transportation in the pharmaceutical and medical industries. Sterile bottles are the bottles, which are being treated with certain chemicals to ensure that they are free from germs.
Global sterile bottles market was valued at US$ 12.8 Billion in 2021 in terms of revenue, exhibiting a CAGR of 5.6% during the forecast period (2022 to 2030).
Drivers
Growth of the global sterile bottles market is majorly driven by increasing demand for sterile bottles from the healthcare management facilities. Healthcare management is driving demand for sterility of equipment/ bottles used in laboratories and sample testing. Packages such as sterile bottles are an integral part of the packaging of numerous pharmaceutical products and they help in protecting the medicinal contents from reacting with the elements of external environment. The use of sterile bottles for increasing the protection of drugs is also expected to drive growth of market. Sterile bottles help in maintaining the quality of medical drugs and food & beverages.
The Asia Pacific region is driving growth of the global market, owing to high presence of pharmaceutical companies in the region. These companies use various methods for sterilization of bottles such as high temperature/ pressure sterilization, chemical sterilization, and radiation sterilization among others.
Global sterile bottles market is largely impacted by COVID-19 pandemic and the situation is expected to prevail in the global economy until the virus stops spreading. Amid increasing number of cases of Covid-19, the need for sterile bottles for collecting the test samples of diseases such as Covid-19 has led to substantial upsurge in collaborative activities across the pharmaceutical sector. The priorities of labs are changing, with focus towards appropriate testing of collected samples, which are being collected in sterile bottles.
Figure 1. Global Sterile Bottles Market Value Share (%), By Region, 2021
Market Restraints
The cost of sterilizing the bottles is relatively high for the sterile bottle companies and it adds to the original cost of the bottles. This is expected to hinder the market growth. Moreover, production of sterile bottles is an energy-intensive process, which is further expected to hamper the market growth over the forecast period.
| Report Coverage | Details | ||
|---|---|---|---|
| Base Year: | 2021 | Market Size in 2021: | US$ 12.8 Bn |
| Historical Data for: | 2017-2020 | Estimated Year: | 2022 |
| Forecast Period 2022 to 2030 CAGR: | 5.6% | Forecast Period: | 2022-2030 |
| Geographies covered: |
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| Segments covered: |
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| Companies covered: |
Avantor Fluid Handling LLC, Berlin Packaging, CELLTREAT Scientific Products, Daigger Scientific Inc., Deltalab, Fisher Scientific International, Inc., Foxx Life Sciences, Greenwood Products Inc., SciLabware Limited, Spectrum Chemical Manufacturing Corp, and Wipak Group. |
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| Restraints & Challenges: |
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Market Trends
The sterile bottles market has huge growth opportunities with increasing popularity of biologics for the treatment of chronic disorders such as arthritis and diabetes. High level of proficiency is needed to maintain and preserve sterile bottles, and this has led to rising demand for innovative product packaging solutions among sterile bottles manufacturers.
Figure 2. Global Sterile bottles Market Value Share (%), By Material, 2021
Among material, in 2021, the plastic segment accounted for the largest market share of 56.3% in terms of value, followed by the glass segment.
Recent Developments
Competitive Section
Key players operating in global sterile bottles market are Avantor Fluid Handling LLC, Berlin Packaging, CELLTREAT Scientific Products, Daigger Scientific Inc., Deltalab, Fisher Scientific International, Inc., Foxx Life Sciences, Greenwood Products Inc., SciLabware Limited, Spectrum Chemical Manufacturing Corp, and Wipak Group.
Sterile bottles are bottles that are treated at very high temperature for making them germ-free. The sterile bottles are either refrigerated or stored in air-sealed plastics, as it helps in keeping the containers free from contamination.
Market Dynamics
Global sterile bottles market growth is driven by increasing demand for sterile bottles from the healthcare industry. The increasing population along with increased spending on healthcare system has led to increased demand for laboratory testing of diseases and is a major factor driving growth of the sterile bottles market. For instance, according to a research article published by Asian Development Bank (ADB), Asia Pacific is expected to account for one third of the estimated 2,600 Mn increase in global population during 2010 and 2050, thus requiring additional medicines and healthcare facilities. Moreover, sterile bottles are best for vaccine / injectable primary packaging solutions in the diagnostic and pharmaceutical market, thereby driving growth of market. However, the high cost of technology used for sterilizing the bottles is expected to hinder growth of market.
Sterile bottles are witnessing huge demand across the globe, especially the sterile bottles manufactured using glass. Sterile glass bottles can be sterilized multiple times without affecting the structural integrity of the bottles. Sterile glass bottles can be sealed airtight by using appropriate closures, which helps in prevention of any contamination during storage of products or materials.
Using glass as a material for sterile bottles helps in ensuring that the contents of sterile containers are not affected, as it does not leech chemicals or absorb oils or liquids. The non-porous construction of glass also helps in preventing air, dust, bacteria, and mildews from forming when containers are properly sealed.
Key features of the study:
Detailed Segmentation:
“*” marked represents similar segmentation in other categories in the respective section
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