Abstract
Summary
Pharmaceutical Glass Packaging Market: Industry Perspective
The global Pharmaceutical Glass Packaging Market accrued earnings worth approximately 4.18 (USD Billion) in 2020 and is predicted to gain revenue of about 8.01(USD Billion) by 2028, is set to record a CAGR of nearly 8.9% over the period from 2021 to 2028. The report offers an assessment and analysis of the Pharmaceutical Glass Packaging Market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2020 along with a forecast from 2021 to 2028 based on revenue (USD Billion). Pharmaceutical Glass Packaging Market: Outlook
Pharmaceutical glass is designed for preventing cracks in containers and hence pharmaceutical glass packaging has become popular these days. Furthermore, pharmaceutical glass packaging helps in effective drug storage delivery and ensures patient safety. Innovations such as blow fill seal vial snap-off ampoules, plasma impulse chemical vapor deposition coating systems, and unit dose ampoules in the pharmaceutical packaging sector at regular intervals will boost market trends. Apart from this, the use of child-resistant packets, prefilled syringes, and two-in-one prefilled vial designs in the pharmaceutical sector will create new growth avenues for the pharmaceutical glass packaging industry over the forecasting timeframe. However, delamination of pharmaceutical glass is likely to cause glass particles to appear in vials, thereby resulting in a surge in product recalls. This can decrement the growth of the pharmaceutical glass packaging market.
Pharmaceutical Glass Packaging Market: Growth Dynamics
The surge in the number of chronic disorders and the discovery of new drug molecules has resulted in positive outcomes for the pharmaceutical glass packaging market growth in terms of both volume and revenue. Additionally, glass obstructs various kinds of gases such as oxygen and carbon dioxide when it tries to enter the primary container. This, in turn, helps in reducing the risk of medicine getting contaminated. Apart from this, glass packaging of drugs aids in alleviating medicine degradation due to hydrolysis and oxidation. All these aforementioned aspects will help the pharmaceutical glass packaging market register marked growth. Furthermore, glass packaging resists the escape of volatile products along with enhancing drug stability, thereby optimizing the growth of the pharmaceutical glass packaging industry.
Moreover, manufacturers of pharmaceutical glass packaging have increased their production capacities to fulfilling the needs of the pharmaceutical sector and provide effective, visually appealing, attractive, proficiently designed, new-styled, and durable packaging for biological medicines. The necessity of elongating the shelf life of drugs for their use in the healthcare sector over the long run is predicted to facilitate the elevation of the pharmaceutical glass packaging market. The outbreak of the COVID-19 pandemic has culminated in large demand for pharmaceutical medicines and this has led to an exponential surge in the growth of the pharmaceutical glass packaging market. Improvement witnessed in healthcare amenities and breakthroughs in drug development research will assist the market transverse new paths of growth in upcoming years. Report Scope: Pharmaceutical Glass Packaging Market: Regional Insights
North America To Account For Major Market Share By 2028
The growth of the pharmaceutical glass packaging industry in North America in the coming years can be credited to the rise in the allocation of funds for producing generic drugs. High government focus on producing drugs that are effective against chronic diseases and can be stored for long period is predicted to embellish the expansion of the pharmaceutical glass packaging market in the sub-continent over years to come. The presence of giant players in the region is predicted to contribute sizably to regional market revenue in the coming decade. Pharmaceutical Glass Packaging Market: Competitive Insights
Key players profiled in the report and favorably influencing the market surge are Gerresheimer AG, Beatson Clark, West Pharmaceutical Services, Inc., Schott AG, Bormioli Pharma S.r.l, Stlzle-Oberglas GmbH, Corning Incorporated, SGD S.A., Nipro Corporation, and Shandong Medicinal Glass Co., Ltd.
The global Pharmaceutical Glass Packaging Market is segmented as follows: By Drug Type
Biologics
Branded
Generic By Application
NASAL
INJECTABLE
Oral By Product
Syringes Cartridges
Bottles
Vials
Ampoules By Region
North America
The U.S.
Canada
Europe
France
The UK
Spain
Germany
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East Africa
GCC
South Africa
Rest of the Middle East Africa
Table of Contents
1 Preface
1.1 Report Description and Scope
1.2 Research scope
1.3 Research methodology
1.3.1 Market Research Type
1.3.2 Market research methodology
2 Executive Summary
2.1 Global Pharmaceutical Glass Packaging Market, (2022 - 2028) (USD Billion)
2.2 Global Pharmaceutical Glass Packaging Market : snapshot
3 Global Pharmaceutical Glass Packaging Market - Industry Analysis
3.1 Pharmaceutical Glass Packaging Market: Market Dynamics
3.2 Market Drivers
3.3 Market Restraints
3.4 Market Opportunities
3.5 Market Challenges
3.6 Porter’s Five Forces Analysis
3.7 Market Attractiveness Analysis
3.7.1 Market attractiveness analysis By Drug Type
3.7.2 Market attractiveness analysis By Application
3.7.3 Market attractiveness analysis By Product
4 Global Pharmaceutical Glass Packaging Market- Competitive Landscape
4.1 Company market share analysis
4.1.1 Global Pharmaceutical Glass Packaging Market: company market share, 2021
4.2 Strategic development
4.2.1 Acquisitions & mergers
4.2.2 New Product launches
4.2.3 Agreements, partnerships, cullaborations, and joint ventures
4.2.4 Research and development and Regional expansion
4.3 Price trend analysis
5 Global Pharmaceutical Glass Packaging Market - Drug Type Analysis
5.1 Global Pharmaceutical Glass Packaging Market overview: By Drug Type
5.1.1 Global Pharmaceutical Glass Packaging Market share, By Drug Type, 2021 and 2028
5.2 Biologics
5.2.1 Global Pharmaceutical Glass Packaging Market by Biologics, 2022 - 2028 (USD Billion)
5.3 Branded
5.3.1 Global Pharmaceutical Glass Packaging Market by Branded, 2022 - 2028 (USD Billion)
5.4 Generic
5.4.1 Global Pharmaceutical Glass Packaging Market by Generic, 2022 - 2028 (USD Billion)
6 Global Pharmaceutical Glass Packaging Market - Application Analysis
6.1 Global Pharmaceutical Glass Packaging Market overview: By Application
6.1.1 Global Pharmaceutical Glass Packaging Market share, By Application, 2021 and 2028
6.2 NASAL
6.2.1 Global Pharmaceutical Glass Packaging Market by NASAL, 2022 - 2028 (USD Billion)
6.3 INJECTABLE
6.3.1 Global Pharmaceutical Glass Packaging Market by INJECTABLE, 2022 - 2028 (USD Billion)
6.4 Oral
6.4.1 Global Pharmaceutical Glass Packaging Market by Oral, 2022 - 2028 (USD Billion)
7 Global Pharmaceutical Glass Packaging Market - Product Analysis
7.1 Global Pharmaceutical Glass Packaging Market overview: By Product
7.1.1 Global Pharmaceutical Glass Packaging Market share, By Product, 2021 and 2028
7.2 Syringes & Cartridges
7.2.1 Global Pharmaceutical Glass Packaging Market by Syringes & Cartridges, 2022 - 2028 (USD Billion)
7.3 Bottles
7.3.1 Global Pharmaceutical Glass Packaging Market by Bottles, 2022 - 2028 (USD Billion)
7.4 Vials
7.4.1 Global Pharmaceutical Glass Packaging Market by Vials, 2022 - 2028 (USD Billion)
7.5 Ampoules
7.5.1 Global Pharmaceutical Glass Packaging Market by Ampoules, 2022 - 2028 (USD Billion)
8 Pharmaceutical Glass Packaging Market - Regional Analysis
8.1 Global Pharmaceutical Glass Packaging Market Regional Overview
8.2 Global Pharmaceutical Glass Packaging Market Share, by Region, 2021 & 2028 (USD Billion)
8.3 North America
8.3.1 North America Pharmaceutical Glass Packaging Market, 2022 - 2028 (USD Billion)
- 8.3.1.1 North America Pharmaceutical Glass Packaging Market, by Country, 2022 - 2028 (USD Billion)
8.4 North America Pharmaceutical Glass Packaging Market, by Drug Type, 2022 - 2028
8.4.1 North America Pharmaceutical Glass Packaging Market, by Drug Type, 2022 - 2028 (USD Billion)
8.4.2 Europe Pharmaceutical Glass Packaging Market, 2022 - 2028 (USD Billion)
- 8.4.2.1 Europe Pharmaceutical Glass Packaging Market, by Country, 2022 - 2028 (USD Billion)
8.5 North America Pharmaceutical Glass Packaging Market, by Application, 2022 - 2028
8.5.1 North America Pharmaceutical Glass Packaging Market, by Application, 2022 - 2028 (USD Billion)
8.5.3 Asia Pacific Pharmaceutical Glass Packaging Market, 2022 - 2028 (USD Billion)
- 8.5.3.1 Asia Pacific Pharmaceutical Glass Packaging Market, by Country, 2022 - 2028 (USD Billion)
8.6 North America Pharmaceutical Glass Packaging Market, by Product, 2022 - 2028
8.6.1 North America Pharmaceutical Glass Packaging Market, by Product, 2022 - 2028 (USD Billion)
8.6.4 Latin America Pharmaceutical Glass Packaging Market, 2022 - 2028 (USD Billion)
- 8.6.4.1 Latin America Pharmaceutical Glass Packaging Market, by Country, 2022 - 2028 (USD Billion)
8.7 The Middle-East and Africa
8.7.5 The Middle-East and Africa Pharmaceutical Glass Packaging Market, 2022 - 2028 (USD Billion)
- 8.7.5.1 The Middle-East and Africa Pharmaceutical Glass Packaging Market, by Country, 2022 - 2028 (USD Billion)
9 Company Profiles
9.1 Gerresheimer AG
9.1.1 Overview
9.1.2 Financials
9.1.3 Product Portfolio
9.1.4 Business Strategy
9.1.5 Recent Developments
9.2 Beatson Clark
9.2.1 Overview
9.2.2 Financials
9.2.3 Product Portfolio
9.2.4 Business Strategy
9.2.5 Recent Developments
9.3 West Pharmaceutical Services Inc
9.3.1 Overview
9.3.2 Financials
9.3.3 Product Portfolio
9.3.4 Business Strategy
9.3.5 Recent Developments
9.4 Schott AG
9.4.1 Overview
9.4.2 Financials
9.4.3 Product Portfolio
9.4.4 Business Strategy
9.4.5 Recent Developments
9.5 Bormioli Pharma S.r.l
9.5.1 Overview
9.5.2 Financials
9.5.3 Product Portfolio
9.5.4 Business Strategy
9.5.5 Recent Developments
9.6 Stölzle-Oberglas GmbH
9.6.1 Overview
9.6.2 Financials
9.6.3 Product Portfolio
9.6.4 Business Strategy
9.6.5 Recent Developments
9.7 Corning Incorporated
9.7.1 Overview
9.7.2 Financials
9.7.3 Product Portfolio
9.7.4 Business Strategy
9.7.5 Recent Developments
9.8 SGD S.A
9.8.1 Overview
9.8.2 Financials
9.8.3 Product Portfolio
9.8.4 Business Strategy
9.8.5 Recent Developments
9.9 Nipro Corporation
9.9.1 Overview
9.9.2 Financials
9.9.3 Product Portfolio
9.9.4 Business Strategy
9.9.5 Recent Developments
9.10 Shandong Medicinal Glass Co. Ltd
9.10.1 Overview
9.10.2 Financials
9.10.3 Product Portfolio
9.10.4 Business Strategy
9.10.5 Recent Developments