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Global Pharmaceutical glass packaging Market Size study with COVID Impact, by Product(Vials: Small (<30 ml) Large (>30 ml), Bottles: Small (<30 ml), Large (>30 ml), Cartridges & Syringes, Ampoules) By Drug Type(Generic, Branded, Biologic) and Regional Forecasts 2020-2027.

author

Bizwit Research

date

2 years ago

delivery time

1 business day

Global Pharmaceutical glass packaging Market is valued approximately at USD 15.2 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 6.4% over the forecast period 2020-2027. Glass is made of sand, ash cullet of soda and calcareous stone. The composition of these ingredients varies according to the glass application.  Glass is suitable for sterilization, has  properties that it can be colored to enhance sensitivity to light .Glass can be molded into many shapes, colors and sizes. Glass has excellent barrier properties and can be colored to improve light sensitivity. Glass drug containers are available in clean flint or amber color, in the pharmaceutical industry. 

 

Vitals & ampoules of borosilicate glasses are used for sensitive pharmaceuticals like blood products and parenteral drugs. Due to the high inertia of these products for most chemicals, the market size and penetration of glass vials is expected to remain high over the forecast period. The pharmaceutical glass packaging market is driven by an increase in the consumption rate of generic drugs and a rise in access to health care. Pharmaceutical glass packaging for generic drug types led the global market, representing over 71.3 percent of revenue in 2018. However, problems with glass packaging, such as breakage, delamination and particulate contamination, are increasing plastic competition. This, in turn, will likely curb the market.  

 

The regional analysis of global Pharmaceutical glass packaging market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America represented a large share of the market for pharmaceutical glass packaging. This trend is foreseen to continue over the forecast period. The US is the world's largest market for pharmaceuticals. It is estimated that Europe accounts for a considerable share of the pharmaceutical packaging market. The expansion of the medical & pharmaceutical industry in countries like China , India, Japan and South Korea is projected to boost the pharmaceutical glass packaging market due to an increase in population and health care infrastructure. During the forecast period, the market for pharmaceutical glass packaging in Latin America and Middle East & Africa is likely to expand at a slow pace.

 

Major market player included in this report are:
Corning Incorporated, 
Gerresheimer AG,
Nipro Corporation, 
Schott AG, 
SGD Pharma,
Shandong Pharmaceutical Glass Co., Ltd.,
Stevanato Group S.p.A.,
Bormioli Rocco Pharma,
Ardagh Group, 
Piramal Glass,
Şişecam Group,
Stölzle-Oberglas Gmbh,
Beatson Clark, and
Arab Pharmaceutical Glass Co.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. 

 

The detailed segments and sub-segment of the market are explained below: 
By Product:
Vials
         Small (<30 ml)
         Large (>30 ml)
Bottles
          Small (<30 ml)
          Large (>30 ml)
Cartridges & Syringes
Ampoules


By Drug Type
Generic
Branded
Biologic

 

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia 
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Pharmaceutical glass packaging Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

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