Pharmaceutical Glass Packaging Market USD 5.01 Billion Growth | Evolving Opportunities with Beatson Clark Ltd., Bormioli Pharma Spa & Corning Inc. | More than 17,000 Technavio reports |


NEW YORK, December 16, 2021 / PRNewswire / – The market is fragmented, and the degree of fragmentation will accelerate over the forecast period. Beatson Clark Ltd., Bormioli Pharma Spa, Corning Inc., Gerresheimer AG, Nipro Corp., SCHOTT AG, SGD SA, Shandong Medicinal Glass Co. Ltd., Stolzle-Oberglas GmbH and West Pharmaceutical Services Inc. are some of the major players in the market. The pharmaceutical glass packaging market is expected to grow by $ 5.01 billion, progressing to a 5.57% CAGR from 2021 to 2026. The report offers up-to-date analysis regarding the current market scenario, latest trends and drivers, and overall market environment.

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Pharmaceutical Glass Packaging Market 2022-2026: Scope

Pharmaceutical Glass Packaging Market 2022-2026: Drivers and Challenges

the increased R&D spending in the pharmaceutical industry, increased demand for commodity in pharmaceutical packaging and increased sales of pharmaceuticals globally will offer immense opportunities for growth. However, factors such as risk of counterfeiting in pharmaceutical glass packaging may threaten market growth. Holistic analysis of drivers and challenges will help infer end goals and refine marketing strategies to gain competitive advantage. To take advantage of current opportunities, market sellers need to strengthen their presence in fast growing segments while maintaining their positions in slow growing segments.

Pharmaceutical Glass Packaging Market 2022-2026: Segmentation

  • Product
    • Bottles
    • Ampoules And Vials
    • Syringes
    • Cartridges
  • Geography
    • North America
    • APAC
    • Europe
    • AEM
    • South America

Pharmaceutical Glass Packaging Market 2022-2026: Key Region and Revenue Generating Segment

41% of market growth will come from APAC during the forecast period. China and India are the key markets for pharmaceutical glass packaging in APAC. Market growth in APAC will be faster than market growth in other regions.

the pharmaceutical glass packaging market growth from the bottle segment will be important for income generation. Glass bottles have several advantages as they are very rigid and have superior protective qualities and high transparency, which allows easy inspection of the contents. Pharmaceutical glass vials can be colored to prevent the contents of ultraviolet rays and they can be easily heat sterilized. These advantages increase the use of pharmaceutical glass vials.

Pharmaceutical Glass Packaging Market 2022-2026: Highlights

  • Market CAGR during the forecast period 2022-2026
  • Detailed information on the factors that will contribute to the growth of the pharmaceutical glass packaging market over the next five years
  • Estimation of the pharmaceutical glass packaging market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the pharmaceutical glass packaging market
  • Market competitive landscape analysis and detailed supplier information
  • Complete details on the factors that will challenge the growth of the Pharmaceutical Glass Packaging Market vendors.

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Associated reports:

Pharmaceutical packaging market –The pharmaceutical packaging market share is expected to increase by USD 42.86 billion from 2020 to 2025, and the market growth momentum will accelerate at a CAGR of 8.67%. Download a free sample now!

Medical Packaging Films Market –The medical packaging films market share is expected to increase by USD 2.02 billion from 2021 to 2026, and the market growth momentum will accelerate at a CAGR of 5.23%. Download a free sample now!

Scope of the pharmaceutical glass packaging market

Cover of the report

Details

Page number

120

Year of reference

2021

Forecast period

2022-2026

Growth dynamics and CAGR

Accelerate to a CAGR of 5.57%

Market growth 2022-2026

$ 5.01 billion

Market structure

Fragmented

Annual growth (%)

5.14

Regional analysis

North America, APAC, Europe, MEA and South America

Efficient contribution to the market

APAC at 41%

Main consumer countries

United States, Russian Federation, China, United Kingdom and India

Competitive landscape

Leading companies, competitive strategies, reach of consumer engagement

Profiled companies

Beatson Clark Ltd., Bormioli Pharma Spa, Corning Inc., Gerresheimer AG, Nipro Corp., SCHOTT AG, SGD SA, Shandong Medicinal Glass Co. Ltd., Stolzle-Oberglas GmbH and West Pharmaceutical Services Inc.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Obstacles, Analysis of Fast Growing and Slow Growing Segments, Impact of COVID-19 and Future Consumer Dynamics, Analysis of Market Conditions for the Forecast Period,

Customization

If our report didn’t include the data you’re looking for, you can reach out to our analysts and customize the segments.

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