Ophthalmic Packaging Market

The global ophthalmic packaging market size was approximately US$4.5 Bn in 2022 and is expected to jump to reach US$14.3 Bn by the end of 2030. During the years of forecast, the market revenue will witness around 12% expansion.

Sustainability concerns are leading to a shift in the choice of materials used in ophthalmic packaging. Companies are increasingly opting for eco-friendly materials that are recyclable and have a lower environmental footprint. This shift aligns with the broader global trend towards sustainable packaging practices.

The plastic category dominated the ophthalmic packaging market in 2022 by the type of material. As greater emphasis on sustainability becomes a driving force, innovations in eco-friendly plastic materials are expected to sustain the dominance of this segment throughout the period of projection. On the other hand, the multi-dose category will remain prominent for ophthalmic solutions like eye drops, and medications on the back of higher convenience, extended shelf-life, precise dosing, and reduced wastage.

To remain competitive in the global ophthalmic packaging market, several companies are focusing on their investments in R&D to create innovative, patient-friendly packaging solutions, expanding their product portfolios to cater to a wider range of ophthalmic products. Another key point shaping competition is the efforts of companies toward enhancing their QC and compliance efforts to meet stringent regulatory requirements.

Some of the biggest names in the global ophthalmic packaging industry include Amcor Ltd., Becton, Dickinson and Company, Nolato AB, Berry Global Inc., Miller Packaging Materials LLC, and Datwyler Group.