The Asia-Pacific pharmaceutical glass packaging market is anticipated to grow at a CAGR of 6.1% during the forecast period (2020-2026). The key factors that drive the growth of the Asia-Pacific pharmaceutical glass packaging market include the increased prevalence of diabetes and the growing geriatric population in the region. China is the second-largest economy after the US and has the world’s largest population (1.4 billion), followed by India (1.3 billion) as per data provided by the World Bank in 2020.
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Both, China and India hold 40.0% of the total world population share, and a majority of the geriatric population. The elder people are more prone to diseases, for which specific drugs are required, which in turn, contributes to the market growth. Further, the outbreak of COVID-19 has also created a scope for market growth, as per the requirement for the development of numerous medicines and vaccinations. Besides, the key players operating in the market substantially support the market growth over the forecast period.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Asia-Pacific Pharmaceutical Glass Packaging Market by Product Type
- Bottles
- Vials
- Cartridges & Syringes
- Others
Regional Analysis
- China
- India
- Japan
- Rest of Asia-Pacific
Company Profiles
- Ajanta Bottle Pvt. Ltd.
- Becton, Dickinson, and Co.
- Borosil Corporate AV.
- Corning Inc.
- DWK Life Sciences GmbH
- Gerresheimer AG
- Hindustan National Glass & Industries Ltd.
- Nipro Corp.
- Piramal Enterprises Ltd.
- Schott AG
- SGD SA
- Shandong Pharmaceutical Glass Co., Ltd.
- SVM Enterprises
- Takemoto Packaging Inc.
The Report covers:
- Comprehensive research methodology of the Asia-Pacific pharmaceutical glass packaging market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the Asia-Pacific pharmaceutical glass packaging market.
- Insights about market determinants which are stimulating the Asia-Pacific pharmaceutical glass packaging market.
- Detailed and extensive market segments with regional distribution of forecast revenues.
- Extensive profiles and recent developments of the market players.
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