Global Pharmaceutical Glass Packaging Market Size, Forecasts, And Opportunities – Includes Pharmaceutical Glass Packaging Market Growth
Learn about the global pharmaceutical glass packaging market through The Business Research Company, which provides information on pharmaceutical glass packaging market size, pharmaceutical glass packaging market drivers and restraints, pharmaceutical glass packaging market players, the COVID-19 impact on the pharmaceutical glass packaging market, and more.
The global pharmaceutical glass packaging market is expected to grow from $11.36 billion in 2021 to $12.48 billion in 2022 at a compound annual growth rate (CAGR) of 9.8%. The global pharmaceutical glass packaging market size is expected to grow to $16.67 billion in 2026 at a CAGR of 7.5%.
The growth of the pharmaceutical industry is driving the growth of the pharmaceutical glass packaging market.
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The pharmaceutical glass packaging market consists of sales of pharmaceutical glass packaging by entities (organizations, sole traders, and partnerships) that are used to store strong alkalis and acid glass containers to prevent the materials from acidic reactions. Pharmaceutical glass packaging refers to a type of glass container which is prepared by a combination of different materials that are designed to ensure the safe transportation of various acidic and medical items. The use of glass in pharmaceutical packaging has many benefits, as glass is incredibly resistant to temperature changes.
By Product: Ampoules, Bottles, Vials, Syringes, Cartridges, Others
By Drug Type: Generic, Branded, Biologic
By Material: Type I, Type II, Type III
By Application: Oral, Injectable, Nasal, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global pharmaceutical glass packaging market in 2021.
Technological innovations are the key trend gaining popularity in the pharmaceutical glass packaging market. Major companies operating in pharmaceutical glass packaging are introducing new technologies to reinforce their position in the market.
TBRC’s Pharmaceutical Glass Packaging Market Report Covers:
Major Market Players: Gerresheimer, Corning Inc., Nipro, Stolzle-Oberglas GmBH, Bormioli Pharma S.r.l, West Pharmaceutical Services, West Pharmaceutical Services, Schott AG, Beatson Clark, Sisecam, O-I Glass, Arab Pharmaceutical Glass Co., Acme Vial & Glass Co., Hindusthan National Glass & Industries Limited, and United Glass Company.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Pharmaceutical Glass Packaging Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides pharmaceutical glass packaging market overviews, analyzes and forecasts market size, share, pharmaceutical glass packaging market players, pharmaceutical glass packaging market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s pharmaceutical glass packaging market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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