Amid Ukraine-Russia crisis, our analysts and industry experts are closely monitoring the markets and working hard to identify, gather and timely deliver analysis of the impact of the situation and the impact that it has on various markets. All our reports are updated with the latest impact on the market before being sent out to our customers.
With the pre-existing established supply chain, glass packaging has become increasingly popular as the volume of generic medications has increased. Because of the increased usage of pharmaceutical glass packaging in the packaging of immunity-boosting medications, the current outbreak of COVID-19 has had a beneficial impact on market growth. The development of glass vials by pharma packaging manufacturers, that lowers the risk of delamination and breakage, is expected to continue the trend of glass vials occupying a significant market share in the coming years. The major factor, which actively drives the demand of the pharmaceutical glass packaging market, is the increase in prevalence for recycled packaging products. Glass makes up the majority of pharmaceutical packaging, it accounts for a very small percentage of trash. Glass packaging is also 100% recyclable, making it a sustainable packaging option that is contributing to the growth of the pharmaceutical glass packaging industry. An increase in patient-oriented medicines, including biologics, is expected to uplift the market growth of the pharmaceutical packaging market during the forecast period.
Pharmaceutical glass packaging companies have been working to increase product strength in order to decrease breaking during vial filling. Corning Inc. (NYSE: GLW) received FDA permission to market Corning Valor Glass in September 2019, which provides enhanced chemical durability and improves resistance to breakage, damage, and particulate contamination.
Market Analysis by Product, Drug Type, Application, and Regions:
Key Findings of the Report:
Key Offerings of the report:
The major players in the global pharmaceutical glass packaging industry are Ardagh Group S.A., Bormioli Pharma S.r.l., Piramal Glass Private Limited, Schott AG, and Sisecam, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium-sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.