IMARC Group’s latest research report, titled “Pharmaceutical Glass Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the global pharmaceutical glass packaging market share. The report also includes competitor and regional analysis, and contemporary advancements in the market.
Market Overview:
According to the latest report, the global pharmaceutical glass packaging market size reached US$ 8.05 Billion in 2021. It is projected to reach a value of US$ 12.63 Billion by 2027 exhibiting a CAGR of 7.40% during 2022-2027.
In order to protect commodities during storage, display, and transportation, packaging must provide security, information convenience, distinctive look, identification, and compliance. Surface-treated soda-lime glass, ultra-resistant borosilicate glass, normal soda-lime glass, etc. are examples of commonly used pharmaceutical glass packaging materials. They help reduce the possibility of contaminants in the medications. Additionally, by preventing the escape of volatile chemicals and extending the shelf life of pharmaceutical items, these treatments improve the stability of the drugs. Additionally used to shield the contents from ultraviolet rays and certain wavelengths is coloured glass, such as amber and red. As a result, pharmaceutical glass packaging is frequently used in a variety of industries, including food and beverage (F&B), cosmetics, and medicine.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
| Market Size Value in 2021: | US$ 8.05 Billion |
| Growth Rate: | CAGR of 7.40% from 2022 to 2027 |
| Market Outlook: | 2022-2027 |
Important Attribute and highlights of the Report:
- Detailed analysis of the global market share
- Market Segmentation
- Historical, current, and projected size of the market in terms of volume and value
- Latest industry trends and developments
- Competitive Landscape
- Strategies of major players and product offerings
Global Pharmaceutical Glass Packaging Market Trends and Drivers:
One of the main factors propelling the pharmaceutical glass packaging market is the rising healthcare sector. Additionally, the growing demand for injectables and generic medications is fueling the market’s expansion. Aside from this, the global market is also being stimulated by the rising prevalence of chronic diseases and rising health consciousness among people.
Another key growth-inducing element is the introduction of various laws by the government agencies to promote the use of recycled glass in order to reduce the carbon footprint and create a safer and greener environment.
Additionally, it is anticipated that the pharmaceutical glass packaging market will grow in the approaching years due to the development of thin and lightweight glass bottles by the top manufacturers in an effort to reduce the consumption of energy and raw materials.
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The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Ardagh Group S.A, Beatson Clark, Bormioli Pharma S.p.A., Corning Incorporated, Gerresheimer AG, Nipro Corporation, Piramal Enterprises Ltd., Schott AG, SGD Pharma, Shandong Pharmaceutical Glass Co. Ltd., Stölzle-Oberglas GmBH and West Pharmaceutical Services Inc.
The report has segmented the market on the basis of region, product, drug type and application.
Breakup by Product:
Bottles
Vials
Ampoules
Cartridges and Syringes
Others
Breakup by Drug Type:
Generic
Branded
Biologic
Breakup by Application:
Oral
Injectable
Nasal
Others
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
