Global Pop Top Hinged Vials Market – Key Players

A few of the key players in the pop top hinged vials market Dewei Plastic Factory, KushCo Holdings Inc., Xianglin Plastic Product Co., Ltd, etc. Few of the unorganized and local players are also expected to add to the pop top hinged vials market during the forecast period.

Global Pop Top Hinged Vials Market - Overview

In recent years, there have been an increase in healthcare expenditure by several developing economies across the globe. As a result of this, there is an extensive research done on packaging of those pharmaceutical products. One such type of pharmaceutical packaging product is pop top hinged vials which is getting traction in recent times. Pop top hinged vials are hinged as a result of this there is little wastage of raw material while manufacturing. In addition, pop top hinged vials are light weight as compared to traditional glass vials. Pop top hinged vials are dust resistant, easy to clean, and non-reactive with the drugs stored in it.

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Global Pop Top Hinged Vials Market - Dynamics

The pop top hinged vials market is expected to be driven on the backdrop of growing expenditure on healthcare in emerging economies across the globe. In addition, pop top hinged vials provides longer shelf life, and contamination free packaging solution. Pop top hinged vials are also moisture and odor resistant which keeps the drug safe from exposure to air. Furthermore, child resistant packaging solution provided by pop top hinged vials are anticipated to drive the market during the forecast period.

Moreover, government regulations related to disposal of plastic waste is expected to hamper the pop top hinged vials market during the forecast period. Pop top hinged vials does not provide leak proof protection same as glass vials which are used for storing drugs and chemicals which emit harmful gases are few of the factors hindering the global pop top hinged vials market during the forecast period.

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Global Pop Top Hinged Vials Market – Regional Overview

In North America, U.S. is expected to dominate the pop top hinged vials market during the forecast period. In Asia Pacific region, India, China and South Korea are anticipated to witness widespread growth for pop top hinged vials market owing to increase in healthcare expenditure in these economies. Moreover, the Middle East & Africa (MEA) pop top hinged vials market is estimated to witness inactive growth during the forecast period.