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As per the analysis by Expert Market Research, the global pharmaceutical glass packaging market is expected to grow at a CAGR of 7% in the forecast period of 2023-2028, owing to the emerging economies and growing demand for glass bottles.
Ardagh Group S.A., Bormioli Pharma S.r.l., Piramal Glass Private Limited, Schott AG, and Sisecam, among others, are the major players in the global market for pharmaceutical glass packaging.
As per the analysis by Expert Market Research, the global pharmaceutical glass packaging market is expected to grow at a CAGR of 7% in the forecast period of 2023-2028, owing to the emerging economies and growing demand for glass bottles.
The demand for the commodity of glass is one of the major drivers of the market. Glass packing is 100% recyclable and environmental-friendly, making it a popular choice, thus contributing to the growth of the pharmaceutical glass packaging market. There has been a growing demand for glass bottles for packaging in the pharmaceutical industry because of their less harmful effects on humans, contained medication, and environment. This is driving the market growth.
The expansion of the pharmaceutical sector in emerging economies is fuelling the demand for the product. Glass packaging suppliers and manufacturers are concentrating on moving their bases to China, India, and Brazil because of the expanding prospects offered by the pharmaceutical businesses in these nations, particularly in the generics market.
Bormioli Pharma acquired Gmbh, a German company which specialises in the production of pharmaceutical packaging, in December 2020. The acquisition will help them broaden their range of packaging for parental drugs. From an industrial standpoint, Bormioli Pharma will significantly increase its reach in the Central and Northern European markets, where it had already bolstered its presence by purchasing Remy & Geiser. This will place Bormioli Pharma among the top 10 producers in Europe in terms of number of containers produced annually.
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Headquarters: | Luxemberg, Europe |
Establishment: | 1932 |
Website: | https://www.ardaghgroup.com/ |
Ardagh Group is a global supplier of sustainable and recyclable glass and metal packaging. Being one of the market leaders, they bring innovation and quality to its customers in its products and services. The company has 57 operational working facilities for glass and metal production in 12 countries.
Headquarters: | Milano, Italy |
Establishment: | 1825 |
Website: | https://www.bormiolipharma.com/en/ |
Bormioli Pharma is a pharmaceutical packaging company that produces 7 billion pharmaceutical packaging for more than 100 countries. The company partners with the world’s leading health companies to have a significant impact on people’s lives. They have nine factories and more than 1,000 clients across the globe.
Headquarters: | Maharashtra, India |
Establishment: | 1984 |
Website: | https://www.pgpfirst.com/ |
PGP provides a wide range of products and services by delivering packaging solutions for pharmaceuticals, speciality foods and beverages, cosmetics, and perfumery. It is one of the leaders for amber glass with the capability to produce borosilicate type-1 glass containers. The company offers glass packaging solutions in more than 50 countries in the world, with 12 furnaces and 65 production lines.
Headquarters: | Mainz, Germany |
Establishment: | 1884 |
Website: | https://www.schott.com/ |
Schott, owned by the Carl Zeiss Foundation, is a manufacturer and inventor of high-tech materials for speciality glasses. The company is represented in 34 countries and is partnered with high-tech industries like healthcare, optics, consumer electronics, automotive, and many more.
Headquarters: | Tuzla, Turkey |
Establishment: | 1935 |
Website: | https://www.sisecam.com.tr/en |
Sisecam is among the world leaders who manufacture glass products. It is the only manufacturer in the world that produces products for the glass industry's three main segments: flat glass, glassware, and glass packaging. Its industrial facilities are spread across 14 nations and four continents. The company is one of the top five global manufacturers of glass packaging.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124