The Asia Pacific Pharmaceutical Glass Packaging Market size is estimated at USD 12.12 billion in 2024, and is expected to reach USD 16.04 billion by 2029, growing at a CAGR of 5.76% during the forecast period (2024-2029).
The surge in demand for glass packaging to curb product contamination is the primary driver propelling the Asia-Pacific pharmaceutical glass packaging market. This momentum is primarily attributed to the pharmaceutical sector's rapid expansion, fueled by a burgeoning population, increased public healthcare expenditures, and heightened health awareness.
The Asia-Pacific glass packaging market is fragmented, with increasing investments and the launch of injectables and other medicines opening opportunities in the sector. Rivalry among competitors such as Becton, Dickinson and Company, SGD SA, Gerresheimer AG, Schott AG, and AGI glaspac -AGI Greenpac Limited is high. Horizontal and vertical integration of companies in the pharmaceutical industry is anticipated to fuel the demand for glass packaging.
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