The Plastic Ophthalmic Packaging Market witnessed robust growth in 2020 and is expected to register a steady revenue CAGR over the forecast period. The market is driven by the development of new packaging materials, the need for brand enhancement and differentiation, and the requirement to comply with new regulatory guidelines for recycling packaging materials.
The ophthalmic products are sterile formulations designed for external use on the surface of eyes. These products are required to meet strict standards for sterility testing in accordance with the requirements of pharmaceutical production and packaging, as eyes are one of the most important and sensitive organs of the human body. The packaging of these products is of utmost importance to ensure safety and avoid any error or omission during packaging, shipping or delivery processes.
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Major Companies:
- Amcor Ltd.
- West Pharmaceutical Service Inc.
- Gerresheimer AG
- Becton Dickinson
- Schott AG
- Aptar Group
Notable Innovations in The Plastic Ophthalmic Packaging Market:
- Introduction of Child-Resistant Packaging: With the aim of preventing accidental ingestion of eye drops or other ophthalmic products by children, child-resistant packaging has been introduced. These packages require a certain level of dexterity and understanding to be opened, which is intended to reduce the risk of accidental ingestion.
- Smart Packaging: Smart packaging with integrated technology has been introduced to improve the safety and efficacy of ophthalmic products. This technology can monitor the temperature, humidity, and other factors that can affect the quality of the product during transportation and storage.
- Use of Biodegradable and Sustainable Materials: Due to increasing awareness of environmental issues, biodegradable and sustainable materials are being used in plastic ophthalmic packaging. These materials are not only environmentally friendly but also provide benefits such as reduced carbon footprint and cost-effectiveness.
- Integration of Dosing Aids: Dosing aids such as droppers and sprays are being integrated into plastic ophthalmic packaging to improve dosing accuracy and reduce waste.
- Tamper-Proof Packaging: Tamper-proof packaging is being used to prevent product contamination and ensure the integrity of ophthalmic products during transportation and storage. This includes features such as shrink wrapping and tamper-evident seals.
- Customized Packaging: Customized packaging is being used to enhance the branding and differentiation of ophthalmic products. This includes unique shapes, colors, and labeling to create a distinctive brand identity for the product.
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