Global Pharmaceutical Glass Market Growth 2023-2029

Global Pharmaceutical Glass Market Growth 2023-2029

Pharmaceutical Glass has a broad range of containers, including injectable, transfusion, diagnostic and syrup bottles, and offers a choice of glass type (I, II, III) and colour (clear or amber). Glass packaging keeps the products safe and uncontaminated for longer periods as glass does not react with several consumable and non-consumable items. Glass is widely known for its recyclability and reuse, making it the best packaging material for pharmaceuticals. Itoffers several beneficial properties such as sterility, chemical inertness, malleability, and water resistance, making it more appropriate for packaging a wide variety of products in the pharmaceutical industry. A container for pharmaceutical use is an article which holds or is intended to contain and protect a drug and is or may be in direct contact with it. The closure is a part of the container. The container and its closure must not interact physically or chemically with the substance within in any way that would alter its quality.

LPI (LP Information)' newest research report, the “Pharmaceutical Glass Industry Forecast” looks at past sales and reviews total world Pharmaceutical Glass sales in 2022, providing a comprehensive analysis by region and market sector of projected Pharmaceutical Glass sales for 2023 through 2029. With Pharmaceutical Glass sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Pharmaceutical Glass industry.

This Insight Report provides a comprehensive analysis of the global Pharmaceutical Glass landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Pharmaceutical Glass portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Pharmaceutical Glass market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Pharmaceutical Glass and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Pharmaceutical Glass.

The global Pharmaceutical Glass market size is projected to grow from US$ 5211.6 million in 2022 to US$ 8524.6 million in 2029; it is expected to grow at a CAGR of 8524.6 from 2023 to 2029.

Global key players of pharmaceutical glass include Gerresheimer, Schott, Stevanato Group, etc. The top three players hold a share about 32%. Europe is the largest market, has a share about 37%, followed by North America and China, with share 29% and 19%, separately.

This report presents a comprehensive overview, market shares, and growth opportunities of Pharmaceutical Glass market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Cartridges
Glass Vials
Ampoules
Others

Segmentation by application
Injectable
Transfusion
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Gerresheimer
Schott
Stevanato Group
Shandong PG
SGD
Nipro
Ardagh
Bormioli Pharma
West Pharmaceutical
Sisecam Group
Corning Incorporated
PGP Glass
Zhengchuan Pharmaceutical
Stoelzle Glass
Chengdu Jinggu

Key Questions Addressed in this Report

What is the 10-year outlook for the global Pharmaceutical Glass market?

What factors are driving Pharmaceutical Glass market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Pharmaceutical Glass market opportunities vary by end market size?

How does Pharmaceutical Glass break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.