MEA Ampoules Packaging Market Size (2024 - 2029)

MEA Ampoules Packaging Market Analysis

The MEA Ampoules Packaging Market size is estimated at USD 1.60 billion in 2024, and is expected to reach USD 1.9 billion by 2029, growing at a CAGR of 3.5% during the forecast period (2024-2029).

The growing pharmaceutical industry is helping the market grow. The need for ampoules increases with the increasing pharmaceutical production in the region.

• Middle East and Africa has enormous potential for the pharmaceutical industry's growth, posing several opportunities for ampoule manufacturers. Additionally, the regional government supports the pharmaceutical industry's sustainable development through continued support and investments in long-term plans.
• The Dubai Industrial Strategy 2030 and the Abu Dhabi Vision 2030 view the pharmaceutical industry as one with major growth potential. They aim to make significant developments due to the growth prospects, export potential, and mid-term to long-term economic impact of the industry.
• The industry is growing, and there is a need for packaging to heal communicable and non-communicable diseases. Thus, the demand for ampoule packaging in pharmaceutical manufacturing is increasing as it protects pharmaceuticals from damage, biological contamination, and external influences.
• Africa has clinical trial infrastructure and capabilities, most of which are in South Africa, as it has invested more heavily in R&D than others on the continent. The African business division of Ardagh Group, Ardagh Glass Packaging - Africa (AGP - Africa), announced an investment to expand the manufacturing capacity of its Nigel factory in Gauteng, South Africa. To satisfy anticipated demand over the coming years, the company will expand its facility by adding a third furnace, enabling it to produce sustainable glass packaging.
• Introducing stringent rules and regulations to improve the quality and integrity of domestically manufactured drugs increases the usage of glass as a material for pharmaceutical packaging products. Due to adverse environmental impact, governments and regulatory bodies have introduced bans or restrictions on several specific types of plastics used for pharmaceutical packaging, such as single-use plastics or certain non-recycled plastics.

MEA Ampoules Packaging Industry Segmentation

The study considers revenues from the sales of ampoule packaging products offered by various vendors operating in the market. The consumption value (USD) of ampoule packaging is considered for the market sizes and forecasts.

The Middle East and Africa ampoules packaging market is segmented by material (glass and plastic) and country (Saudi Arabia, the United Arab Emirates, South Africa, Egypt, and Rest of Middle East and Africa). The market sizes and forecasts are provided in terms of value USD for all the above segments.