Market Overview:
The global hinged lid drug containers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for hinged lid drug containers from medical and pharmaceutical applications. Additionally, the growing awareness about the benefits of using hinged lid drug containers is also contributing to the growth of this market.
Product Definition:
Hinged lid drug containers are types of containers that are used to store and dispense drugs. They have a hinged lid that can be opened and closed, which allows the user to access the drugs inside. The hinged lid is also helpful in preventing the drugs from being contaminated by outside elements.
Reusable:
Reusable containers are made from materials that can be used more than once. The most common types of reusable containers are plastic and glass. Plastic is the most widely used material for making reusable containers as it is lightweight, easy to clean & maintain, and inexpensive compared to other materials such as metal or wood.
Disposable:
Disposable is a general term for objects that are meant to be used only once and then get disposed of. It can also mean the act of discarding or getting rid of an object in such manner. Disposable products are made from materials like plastics, glass, aluminum foil, wood pulp paperboard etc., which makes them easily available in the market at low prices as compared to their counterparts made from metal or other non-disposable materials.
Application Insights:
The medical application segment led the global hinged lid drug containers market in 2017 and is projected to expand at a revenue-based CAGR of XX% over the forecast period. The pharmaceutical industry uses these types of lids for its cold storage products as they offer an airtight seal, which prevents contamination from external sources such as insects or rodents. These containers are widely used by the healthcare professionals for packaging various medicines such as antibiotics, tablets, capsules and powders.
The laboratory application segment is expected to witness significant growth during the forecast period owing to increasing demand from government-approved laboratories that conduct safety tests on food additives & colors before they are sold in stores or online. Other applications include personal care products and household chemicals among others where disposal is not required after use (i) but reuse is allowed (ii).
Regional Analysis:
North America dominated the global hinge lid drug container market in 2017. The presence of sophisticated healthcare infrastructure, high patient awareness levels coupled with relatively higher healthcare expenditure levels in this region are some key factors responsible for its large share. Furthermore, the stringent regulatory framework governing pharmaceutical packaging is also expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to a number of favorable initiatives taken by governments and private players alike. For instance, Novo Nordisk has been working towards reducing medication errors and enhancing patient safety through its ‘Medication Adherence Program’ in China since 2007 while Merck KGaA has been supporting public health programs through donations such as free drugs for patients from developing countries (except U.S.) seeking treatment at its hospitals worldwide since 2010 known as Merckx-Strategy für die Regiones outside Germany and Latin America & Middle East Africa respectively).
Growth Factors:
- Increasing demand for Hinged Lid Drug Containers in the pharmaceutical and biotechnology industries for packaging of drugs and other products.
- Growing popularity of hinged lid containers in the medical device industry as they provide a sterile barrier to protect products from contamination.
- Rising demand from end-use industries such as food and beverage, personal care, and home care due to the benefits offered by hinged lid containers such as tamper evidence, product visibility, ease of use, etc.
- Technological advancements that have led to the development of new designs and shapes of hinged lid containers which are helping to increase their adoption in various end-use industries.
Scope Of The Report
Report Attributes
Report Details
Report Title
Hinged Lid Drug Containers Market Research Report
By Type
Reusable, Disposable
By Application
Medical, Pharmaceutical, Laboratory, Others
By Companies
Sonoco Products Company, Berry Global, Thermo Scientific, Corning, Dynalon, LAContainer Inc, Curtis Bay Medical Waste Services, phs Teacrate, Thornton Plastics, Semadeni, Sonoco Products Company
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
215
Number of Tables & Figures
151
Customization Available
Yes, the report can be customized as per your need.
Global Hinged Lid Drug Containers Market Report Segments:
The global Hinged Lid Drug Containers market is segmented on the basis of:
Types
Reusable, Disposable
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Medical, Pharmaceutical, Laboratory, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Sonoco Products Company
- Berry Global
- Thermo Scientific
- Corning
- Dynalon
- LAContainer Inc
- Curtis Bay Medical Waste Services
- phs Teacrate
- Thornton Plastics
- Semadeni
- Sonoco Products Company
Highlights of The Hinged Lid Drug Containers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Reusable
- Disposable
- By Application:
- Medical
- Pharmaceutical
- Laboratory
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hinged Lid Drug Containers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Hinged lid drug containers are a type of medication container that has a hinged lid that can be opened from the top. This type of container is often used to store medications that must be taken orally, such as tablets or capsules.
Some of the major players in the hinged lid drug containers market are Sonoco Products Company, Berry Global, Thermo Scientific, Corning, Dynalon, LAContainer Inc, Curtis Bay Medical Waste Services, phs Teacrate, Thornton Plastics, Semadeni, Sonoco Products Company.
The hinged lid drug containers market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hinged Lid Drug Containers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hinged Lid Drug Containers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hinged Lid Drug Containers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hinged Lid Drug Containers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hinged Lid Drug Containers Market Size & Forecast, 2018-2028
4.5.1 Hinged Lid Drug Containers Market Size and Y-o-Y Growth
4.5.2 Hinged Lid Drug Containers Market Absolute $ Opportunity
Chapter 5 Global Hinged Lid Drug Containers Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Hinged Lid Drug Containers Market Size Forecast by Type
5.2.1 Reusable
5.2.2 Disposable
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hinged Lid Drug Containers Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Hinged Lid Drug Containers Market Size Forecast by Applications
6.2.1 Medical
6.2.2 Pharmaceutical
6.2.3 Laboratory
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hinged Lid Drug Containers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hinged Lid Drug Containers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Hinged Lid Drug Containers Analysis and Forecast
9.1 Introduction
9.2 North America Hinged Lid Drug Containers Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Hinged Lid Drug Containers Market Size Forecast by Type
9.6.1 Reusable
9.6.2 Disposable
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Hinged Lid Drug Containers Market Size Forecast by Applications
9.10.1 Medical
9.10.2 Pharmaceutical
9.10.3 Laboratory
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Hinged Lid Drug Containers Analysis and Forecast
10.1 Introduction
10.2 Europe Hinged Lid Drug Containers Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Hinged Lid Drug Containers Market Size Forecast by Type
10.6.1 Reusable
10.6.2 Disposable
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Hinged Lid Drug Containers Market Size Forecast by Applications
10.10.1 Medical
10.10.2 Pharmaceutical
10.10.3 Laboratory
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Hinged Lid Drug Containers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hinged Lid Drug Containers Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Hinged Lid Drug Containers Market Size Forecast by Type
11.6.1 Reusable
11.6.2 Disposable
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Hinged Lid Drug Containers Market Size Forecast by Applications
11.10.1 Medical
11.10.2 Pharmaceutical
11.10.3 Laboratory
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Hinged Lid Drug Containers Analysis and Forecast
12.1 Introduction
12.2 Latin America Hinged Lid Drug Containers Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Hinged Lid Drug Containers Market Size Forecast by Type
12.6.1 Reusable
12.6.2 Disposable
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Hinged Lid Drug Containers Market Size Forecast by Applications
12.10.1 Medical
12.10.2 Pharmaceutical
12.10.3 Laboratory
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Hinged Lid Drug Containers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hinged Lid Drug Containers Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Hinged Lid Drug Containers Market Size Forecast by Type
13.6.1 Reusable
13.6.2 Disposable
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Hinged Lid Drug Containers Market Size Forecast by Applications
13.10.1 Medical
13.10.2 Pharmaceutical
13.10.3 Laboratory
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hinged Lid Drug Containers Market: Competitive Dashboard
14.2 Global Hinged Lid Drug Containers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sonoco Products Company
14.3.2 Berry Global
14.3.3 Thermo Scientific
14.3.4 Corning
14.3.5 Dynalon
14.3.6 LAContainer Inc
14.3.7 Curtis Bay Medical Waste Services
14.3.8 phs Teacrate
14.3.9 Thornton Plastics
14.3.10 Semadeni
14.3.11 Sonoco Products Company
