Press Release

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.

Global Pharmaceutical Glass Packaging Market to Grow at a CAGR of 7% in the Forecast Period of 2022-2027, Aided by the Extensive Utilisation of Generic Injectable Drugs

According to a new report by EMR titled, ‘Global Pharmaceutical Glass Packaging Market Report and Forecast 2022-2027’, the global market reached a value of about USD 16 billion in 2020, driven by emerging economies and growing demand for glass bottles. The market is expected to grow at a CAGR of 7% between 2022 and 2027.

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:

  • Based on product, the industry can be divided into ampoules, bottles, vials, syringes, and cartridges, among others.
  • By drug type, the market can be segmented into generic, branded, and biologic.
  • The product finds applications in oral, injectable, and nasal, among others.
  • The regional markets include North America, Europe, Asia Pacific, Latin America, Middle East and Africa.

Key Findings of the Report:

  • Increasing investment in research and development and the introduction of new medicines aimed at improving the health and quality of life of the patients are driving the growth of the market.
  • Rising demand for pharmaceutical products and technological advancements in the field are some of the factors stimulating the growth of the market.
  • The surging disposable income and rising population are some of the key trends fuelling the growth of the market.
  • The government efforts to reduce healthcare costs and promote low-cost generic drugs are expected to fuel the utilisation of glass packaging in the forthcoming years.

Key Offerings of the report:

  • The EMR report gives an overview of the global pharmaceutical glass packaging market for the periods (2017-2021) and (2022-2027).  
  • The report also offers the historical (2017-2021) and forecasted (2022-2027) markets for the product, drug type, application, and regions of pharmaceutical glass packaging.  
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

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.

About Us

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.

Contact Us:

Expert Market Research
Website: www.expertmarketresearch.com
Email: sales@expertmarketresearch.com
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.

Why Expert Market Research?

Right People

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.

Right Methodology

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.

Right Price

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.

Right Support

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.

Similar Reports




NEWSLETTER