PFS Rubber Stopper Market, Global Outlook and Forecast 2024-2030

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CAGR Value :

• The global PFS Rubber Stopper market size was valued at US$ 1.23 billion in 2024 and is projected to reach US$ 2.12 billion by 2030, at a CAGR of 9.50% during the forecast period 2024-2030.

• The United States PFS Rubber Stopper market size was valued at US$ 345.6 million in 2024 and is projected to reach US$ 578.9 million by 2030, at a CAGR of 9.0% during the forecast period 2024-2030.

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Report Studies

• The global market is experiencing strong growth, driven by prefilled syringe adoption and biologics growth. In 2023, production reached 15 billion units globally, with biologics accounting for 50% of demand. The market saw a 40% increase in low-siliconization stopper adoption in 2023. Standard design dominates with a 65% market share, while novel designs are growing at 14% annually. Europe leads with a 40% market share, while Asia Pacific is the fastest-growing region at 10.5% CAGR. The industry is focusing on developing break-loose force optimization, with a 45% growth in R&D investments for usability enhancement.

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PFS Rubber Stopper Market, Global Outlook and Forecast 2024-2030 by MarketResearch - Issuu