Stevanato Group S.p.A. Ordinary Shares (STVN)
Competitors to Stevanato Group S.p.A. Ordinary Shares (STVN)
AptarGroup, Inc. ATR -1.24%
AptarGroup, Inc. is one of the leaders in drug delivery and dispensing solutions, making them a significant competitor to Stevanato Group S.p.A. While Stevanato focuses more on glass and integrated solutions for pharmaceutical packaging, AptarGroup emphasizes innovative dispensing systems, including injection-molded plastics. Both companies vie for business with major pharmaceuticals, with Aptar's strong emphasis on drug delivery systems offering it a unique position in certain segments of the market.
Gerresheimer AG
Gerresheimer AG and Stevanato Group S.p.A. both operate in the pharmaceuticals and healthcare packaging sector, providing various glass and plastic products. Gerresheimer has a strong global presence and a diverse product portfolio, including primary packaging solutions and medical devices that cater to similar markets as Stevanato. The two companies often compete for contracts with pharmaceutical companies, as both emphasize quality and innovation in their product developments.
Nipro Corporation
Nipro Corporation is a Japanese multinational company that develops and produces medical devices, pharmaceuticals, and packaging products, standing as a competitor to Stevanato Group S.p.A. in the healthcare sector. While Stevanato has a strong emphasis on glass-based solutions, Nipro competes in a wide array of sectors, including syringe production and device manufacturing. Nipro's comprehensive product range gives it a competitive edge in various markets, although Stevanato's focus on innovation and quality in the pharmaceutical packaging segment allows it to effectively compete in specialized fields.
Owens-Illinois, Inc. OI -4.68%
Owens-Illinois, primarily known for glass containers, competes with Stevanato Group S.p.A. in the packaging of pharmaceuticals, although their main focus is on consumer products. While Owens-Illinois has a larger scale of operations due to its extensive market reach in glass packaging, Stevanato excels in advanced packaging solutions tailored specifically for pharmaceuticals and biologics, allowing it to carve out a niche market. Owens-Illinois's broader market might provide it with a competitive edge in terms of cost and scalability, but Stevanato's specialization allows it to compete effectively in high-value segments.
Schott AG
Schott AG specializes in specialty glass and glass-ceramics, with a significant focus on the healthcare sector. Similar to Stevanato Group S.p.A., Schott provides primary packaging for pharmaceuticals, making them direct competitors in this space. Schott brings extensive experience and technology in glass manufacturing, giving it a competitive edge in terms of product quality and reliability. Both companies engage in technological innovations to improve their offerings, but Schott's established reputation in glass products gives it a leading advantage.