The global pharmaceutical glass packaging market is anticipated to grow at a CAGR of 5.4% during the forecast period (2020-2026). The key factors that drive the growth of the market include the increased demand for glass packaging products as they do not react with medicine or drug. Glass packaging products are also non-reactive with other chemicals, clean, dust-free as well as recyclable, owing to which these glass products are highly preferred by the pharma companies. Increased awareness regarding various diseases has increased in the intake of several vaccinations and medications to prevent the disease. The market is also driven by increasing biopharmaceutical R&D and growing funding by national governments in the pharmaceutical industry.
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Further, the outbreak of COVID-19 started in December 2019 and with time, the world has witnessed a colossal upsurge in the number of new positive cases. The total number of global confirmed cases of COVID-19 exceeded 32 million, while the number of global mortalities exceeded 900,000. Such a severe impact from COVID-19 burdened the biopharmaceutical players to develop a vaccine and contain the spread of the COVID-19 pandemic. The continuous research in the field of infectious diseases and vaccines is fueling the demand for the pharmaceutical glass packaging market 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
Global Pharmaceutical Glass Packaging Market by Product Type
- Bottles
- Vials
- Cartridges& Syringes
- Others (Ampoules)
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Acme Vial and Glass Co. LLC
- Agrado S.A.
- Amposan S.A.
- Arab Pharmaceutical Glass Co.
- Ardagh Group S.A.
- Beatson Clark Ltd.
- Becton, Dickinson and Co.
- Bormioli Pharma
- BorosilCorporate AV
- Corning Inc.
- DWK Life Sciences GmbH
- Gerresheimer AG
- Hindustan National Glass & Industries Ltd.
- Nipro Corp.
- Owens-Illinois, Inc.
- Piramal Enterprises Ltd.
- Schott AG
- SGD S.A
- Shandong Pharmaceutical Glass Co., Ltd.
- ?i?ecam Group
- Stolzle-OberglasGmBH
- West Pharmaceutical Services, Inc.
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global pharmaceutical glass packaging market. Based on the availability of data, information related to products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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