Global Pharmaceutical Glass Packaging Market 2024-2028
The pharmaceutical glass packaging market is forecasted to grow by USD 7739.8 mn during 2023-2028, accelerating at a CAGR of 7.44% during the forecast period. The report on the pharmaceutical glass packaging market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in R and D spending in pharmaceutical industry, growing sales of pharmaceuticals, and growing use of cryogenic vials in drug research and development.
Technavio's pharmaceutical glass packaging market is segmented as below:
By Type
By Product
- Bottles
- Ampoules and vials
- Syringes
- Cartridges
By Geography
- North America
- APAC
- Europe
- South America
- Middle East and Africa
This study identifies the rising demand for high-quality pharmaceutical packaging as one of the prime reasons driving the pharmaceutical glass packaging market growth during the next few years. Also, expansion of manufacturing facilities and rising development of new drugs will lead to sizable demand in the market.
The report on the pharmaceutical glass packaging market covers the following areas:
- Pharmaceutical glass packaging market sizing
- Pharmaceutical glass packaging market forecast
- Pharmaceutical glass packaging market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading pharmaceutical glass packaging market vendors that include Acme Vial and Glass Co. LLC, Arab Pharmaceutical Glass Co., Ardagh Group SA, Beatson Clark, Becton Dickinson and Co., Bormioli Pharma Spa, Corning Inc., DWK Life Sciences GmbH, Gerresheimer AG, Hindustan National Glass and Industries Ltd., Nipro Corp., O I Glass Inc., PGP Glass Pvt. Ltd., SCHOTT AG, SGD Pharma, Shandong Pharmaceutical Glass Co. Ltd., Stevanato Group S.p.A, Stoelzle Oberglas GmbH, TURKIYE SISE VE CAM FABRIKALARI A.S., and West Pharmaceutical Services Inc.. Also, the pharmaceutical glass packaging market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.