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High Prevalence of Allergic Rhinitis to Present Considerable Growth Opportunities for the North America Nasal Spray Packaging Market, Growth Predicted at ~5.1% CAGR from 2020 to 2030 - TMR

- High prevalence of perennial and seasonal allergic rhinitis has sparked demand for durable nasal spray formulations and packaging in North America.

- The nasal drug demand in North America is predicted to rise significantly in the near future, owing to the high intake of nasal drugs such as steroid and decongestion nasal spray.

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Transparency Market Research

Apr 22, 2021, 11:30 ET

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ALBANY, N.Y., April 22, 2021 /PRNewswire/ -- Nasal spray sealing solutions are considered OTC (over-the-counter) medical canisters or bottles from which nasal drug spray can be obtained by applying pressure to the tube closure device. Nasal spray tubes are utilized to offer stand-in medication items both systematically and locally, and they are widely distributed in single-dose as well as multi-dose forms in the market. As a result, nasal spray packaging has become very common in many parts of the world, which is likely to support growth of the North America nasal spray packaging market in the near future.

The Phase II trial evidence for a self-administered nitric oxide-based nasal spray developed by Vancouver-based biotech company SaNOtize for potentially lowering COVID-19 viral load in infected patients is being bolstered. Manufacturers in the nasal spray packaging industry in North America are benefiting from these developments.

The North American nasal spray packaging market is predicted to rise at a rate of ~5.1% CAGR over the analysis timeline, from 2020 to 2030.  However, some ingredients in nasal spray formulations, such as metals in pump bottles and pressurised canisters, are prone to reactivity in their raw state. In order to prevent reactivity in the raw condition of nasal spray formulations, manufacturers make use of aluminium coated with vinyl, epoxide, or phenolic resins. Tin is becoming more common due to its resistance to chemical interventions.  However, as opposed to zinc, copper, and aluminium, it is one of the most costly metals.

Download PDF Brochure - https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=81803

Key Findings of Market Report

  • High Prevalence of Allergic Rhinitis to Spur Demand in the Market

In Canada and the US, the high prevalence of seasonal as well as perennial allergic rhinitis in children and adults has intensified demand for durable nasal spray packaging and formulations. Businesses in the North American nasal spray packaging market are seeing increased sales prospects as demand for fixed-dose combination nasal sprays grows. Allergic rhinitis signs such as nasal itching, watery eyes, sneezing, and runny nose have increased demand for nasal sprays.

Allergic rhinitis has a significant impact on the quality of person's life, which could contribute to physical limitations. As a result, participants in the North American nasal spray packaging market are seizing this chance to expand their product bottle and container manufacturing capability. They're putting more emphasis on completely industrialised formats that can be optimised to work with current filling and packing lines.

  • Multiple Benefits Associated with the Use of Multi-dose Nasal Spray Packaging to Boost Market

In comparison to single-dose nasal spray bottles, multi-dose nasal spray packaging strategies are becoming more popular because they enable customers to utilize contents from the same box, in a larger amount, and at a lower price. Customers should expect more dependable multi-dose nasal spray packaging from prominent firms in the pharmaceutical drug development business. In addition to that, compared to single-dose nasal spray tubes, multi-dose nasal spray packaging options have a number of benefits. A crimp cap, screwed-on or snapped-on, may be used to secure multi-dose nasal spray pumps to plastic bottles. Since nasal sprays and drops are liquid products, there's a good chance that instant packaging solutions and medication formulas are connected. As a result, to satisfy market demands, manufacturers are now making use of high-end glass materials. As a result of the rising need for this nasal drug delivery options, the demand for nasal spray packaging is expected to rise during the forthcoming years in North America.

Explore 99 pages of superlative research, current market scenario, and extensive geographical projections. Gain insights into the Nasal Spray Packaging Market (Container Type: Pump Bottles and Pressurized Canisters; Drug Type: Saline Nasal Spray, Decongestion Nasal Spray, Steroid Nasal Spray, and Antihistamine Nasal Spray; and Dosage Form: Single-dose and Multi-dose) - North America Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2030 at https://www.transparencymarketresearch.com/north-america-nasal-spray-packaging-market.html

Nasal Spray Packaging Market: Growth Drivers

  • North America companies are partnering to produce materials that are likely to help next generation seawater and saline nasal sprays. They're working on packaging that would work of drug-free nasal rinses made with scientifically tested saline and carbon dioxide (CO2) additives.
  • Nasal drug administration has long been the preferred method for treating local diseases of the nasal opening, such as nasal congestion and allergic rhinitis. Additionally, nasal drug delivery has shown to be an effective method for needle-free immunisation and full drug delivery in situations where strokes and rapid concentration are critical, such as in case of management of pain and migraine crisis.

Analyze Nasal Spray Packaging Market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study

North America Nasal Spray Packaging Market: Key Competitors

  • Bormioli Pharma United States Inc.
  • West Pharmaceutical Service Inc.
  • Berry North America Inc.
  • Coster Tecnologie Speciali S.p.A
  • Gerresheimer AG
  • AptarGroup, Inc.

North America Nasal Spray Packaging Market: Segmentation

Container Type

  • Pump Bottles
  • Pressurized Canisters

Drug Type

  • Saline Nasal Spray
  • Decongestion Nasal Spray
  • Steroid Nasal Spray
  • Antihistamine Nasal Spray

Dosage Form

  • Single-dose
  • Multi-dose

Request the Covid19 Impact Analysis at https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=81803

Explore Transparency Market Research's award-winning coverage of the Global Packaging Industry:

Hygiene Packaging Market - Global hygiene packaging market is expected to clock a high growth rate during the forecast period. Practice of personal hygiene is likely to increase the sales of hygiene packaging in the years to come.

Glass Syringe Market - With increase in the challenging situation during the COVID-19 pandemic phase, the gains in the global glass syringe market have increased significantly. Therefore, the year-on-year growth rate in the 2020 year-end has been increased by nearly 12% in comparison with 2019.

About Transparency Market Research

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyse information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact

Mr Rohit Bhisey
Transparency Market Research
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90State Street,                                                                                                                                                Suite 700,
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United States
USA - Canada Toll Free: 866-552-3453
Email: [email protected]
Website: http://www.transparencymarketresearch.com
Press Release Source: https://www.transparencymarketresearch.com/pressrelease/north-america-nasal-spray-packaging-market.htm

SOURCE Transparency Market Research

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