Global Pharmaceutical Glass Packaging Market, By Product Type (Vials, Bottles, Cartridges and Syringes, Ampoules), Application (Oral, Injectable, Nasal, Others), Drug Type (Generic, Branded, Biologic), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
The pharmaceutical glass packaging market size is expected to grow at a compound annual growth rate of 7.25% for the forecast period of 2021 to 2028. Data Bridge Market Research report on pharmaceutical glass packaging market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Glass packaging is broadly used in pharmaceutical industry as it increases the shelf life of the drug. This packaging help the producer to make their products different from other and enhance brand name.
The pharmaceutical glass packaging market is expected to rise in demand due to the widespread utilization of generic injectable drugs associated with high demand from the pharma industry. Also, the rise in rate of consumption of generic drugs and increase in access to health care are also projected to impact the growth of the pharmaceutical glass packaging in the forecast period of 2021 to 2028. The rise in environmental concerns associated with plastic and increase in R&D activities on pharmaceutical glass packaging are also anticipated to flourish the demand of the pharmaceutical glass packaging market owing to the above mentioned reasons and is also is projected to grow substantially during the forecast period. The major factor which actively drives the demand of pharmaceutical glass packaging market is the increase in prevalence for recycled packaging products.
Likewise, the high demand from pharmaceutical, high growth in the global pharma market and the high demand for biologic drugs are expected to offer various growth opportunities for the growth of pharmaceutical glass packaging market over the forecast period of 2021 to 2028.
However, the easy availability of alternatives like plastics and metals and rise in issues related to the glass surface are expected to impede the growth of the pharmaceutical glass packaging market in the above mentioned forecast period, whereas the high demand for plastics can challenge the growth of the pharmaceutical glass packaging market.
This pharmaceutical glass packaging market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on the pharmaceutical glass packaging market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Pharmaceutical Glass Packaging Market Scope and Market Size
The pharmaceutical glass packaging market is segmented on the basis of product type, application and drug type. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product type, the pharmaceutical glass packaging market is segmented into vials, bottles, cartridges and syringes and ampoules. Vials have further been segmented into small vials and large vials. Bottles have further been segmented into small bottles and large bottles.
- On the basis of application, the pharmaceutical glass packaging market is segmented into oral, injectable, nasal and others. Others have further been segmented as topical.
The drug type segment for pharmaceutical glass packaging market is segmented into generic, branded and biologic.
Pharmaceutical Glass Packaging Market Country Level Analysis
The pharmaceutical glass packaging market is analyzed and market size, volume information is provided by country, product type, application and drug type as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America leads the pharmaceutical glass packaging market because of the rapid surge in spending in the pharma industry and rise in generics. Asia-Pacific is expected to expand at a significant growth of the over the forecast of 2021 to 2028 due to rise in cases of chronic ailments, increase in healthcare awareness and rise in income levels.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Pharmaceutical Glass Packaging Market Share Analysis
The pharmaceutical glass packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to pharmaceutical glass packaging market.
The major players covered in the pharmaceutical glass packaging market report are Corning Incorporated, NIPRO, SGD Pharma, Stoelzle Glass Group, Bormioli Pharma S.p.A., West Pharmaceutical Services, Inc., SCHOTT AG, Gerresheimer AG, Beatson Clark, Ardagh Group S.A., APG Europe, Piramal Glass Private Limited, Sisecam Group, Shandong Province Medicinal Glass Co., Ltd., Hindusthan National Glass & Industries Limited, Acme Vial and Glass Company, LLC., O.Berk Company, LLC., DWK Life Sciences, BD and Amcor plc among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.