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Global Sterile Bottles Market Is Expected to Reach US$ 16.4 Billion By End Of 2027, Says CMI

SEATTLE--(BUSINESS WIRE)--Sterile bottles are helpful in protecting the drugs, medical devices, and food products from getting contaminated. The sterilization of the bottles provide them with a superior microbial barrier, which makes the packaging sterile and safe.



Statistics:

The global sterile bottles market is expected to account for US$ 16.4 Bn, in terms of value, by the end of 2027, registering a CAGR of 5.4%.

Market Drivers:

The global https://www.coherentmarketinsights.com/insight/request-sample/3967

Key Takeaways:

Amongst the end-use industries, the pharmaceutical and biological segment holds the largest share in the global sterile bottles market. Sterile bottles are being used in medical, pharmaceutical, and science laboratories with the objective of preventing the samples and testing materials from being contaminated. The sterilization process is conducted through steaming, boiling or dry heat methods, which use high temperatures for killing the microorganisms present in the bottles. Some packaging companies also use secondary packaging such as air-sealed plastic to store bottles after sterilization, to help prevent contamination before first use.

Market Trends:

Major players in the market are focused on partnerships, with the objective of gaining a significant market share in the existing markets and expanding their operations in new markets. For instance, in February 2019, Deltalab entered into partnership with Vantevis, a leading distributor within the healthcare industry. Through this partnership, Vantevis will be supplying the labware products including sterile bottles in Kuwait.

Competitive Landscape:

Major players operating in the global sterile bottles market include 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 among others.

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Publication date: 07/07/2020

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This project has received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement No 870292.