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Saudi Arabia Pharmaceutical Glass Packaging Market Size, Share, Forecast: By Product: Bottles and Containers, Vials, Ampoules, Cartridges and Syringes, Others; By Glass Type: Type I, Type II, Type III; By Application: Branded, Biological, Generic; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2023-2028
Saudi Arabia Pharmaceutical Glass Packaging Market Outlook
The Saudi Arabia pharmaceutical glass packaging market size reached approximately USD 272.90 million in 2022. The market is further projected to grow at a CAGR of 9.4% between 2023 and 2028, reaching a value of USD 462.20 million by 2028.
Key Trends in the Market
Pharmaceutical glass packaging is essential for ensuring the efficacy and safety of the pharmaceutical products. They include vials, bottles and containers, cartridges and syringes, and ampoules, among others. These packaging do not physically and chemically interact with the contained pharmaceutical products including drugs and reagents, among others.
- The expansion of the pharmaceutical sector owing to the rising demand for medicines and other pharmaceutical products in the country is aiding the Saudi Arabia pharmaceutical glass packaging market growth. Glass packaging offer various advantages including temperature and chemical resistance and leak protection, among others, resulting in their increased utilisation by the pharmaceutical sector.
- Increased investments by various key market players towards product innovations and strategic collaborations are further supporting the market expansion in Saudi Arabia. Such collaborations and partnerships are also addressing the evolving requirements of the pharmaceutical sector and enhancing patient treatments by supporting the development of advanced injectable drug packaging solutions.
- The introduction of strict rules and regulations to ensure the quality of drugs, pharmaceutical reagents, and cost sensitive medications have boosted the research and development efforts in the country. These efforts are aiding the production of packaging that boost the shelf life of the medicinal components.
Saudi Arabia Pharmaceutical Glass Packaging Market Analysis
On the basis of product, the market is divided into bottles and containers, vials, ampoules, and cartridges and syringes, among others. Based on glass type, the market is categorised into type I, type II, and type III. On the basis of application, the Saudi Arabia pharmaceutical glass packaging market segmentation includes branded, biological, and generic.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
- Becton, Dickinson and Company
- Pharmaceutical Solutions Industry Ltd.
- DWK Life Sciences GmbH
- Corning Incorporated
- Middle East Glass
- Others
Market Share by Product
Bottles and containers are anticipated to account for a significant Saudi Arabia pharmaceutical glass packaging market share. This growth can be attributed to the rising demand for glass bottles for packaging of oral pills and syrups owing to the increasing health concerns and growing prevalence of non-communicable diseases in the country. Additionally, the unique combination of transparency and chemical durability and leak prevention properties of glass bottles and containers have further boosted their adoption by the pharmaceutical sector as they allow the outward assessment of the components inside while providing protection against spillage and contamination.
Market Share by Application
Generic applications are expected to account for a significant share of the market owing to the rising requirement for reliable packaging solutions for ensuring the safety and efficacy of generic drugs. Glass packaging ensures the potency of generic medications and provides them protection against various external factors, boosting the Saudi Arabia pharmaceutical glass packaging market demand. The increasing sale of generic drugs can also be attributed to the rising expiration of drug patents, growing prevalence of various diseases, and increasing aging population in Saudi Arabia, supporting the segment growth.
Competitive Landscape
Becton, Dickinson and Company, headquartered in New Jersey, United States, is a medical equipment manufacturing company that is dedicated towards improving medical discovery so as to enhance the world of healthcare. The company also offers consulting services in various regions around the globe.
DWK Life Sciences GmbH is a global supplier and manufacturer of primary packaging solutions required by diagnostic, life science research, and pharmaceutical sectors. The company is also known for supplying precision labware.
Corning Incorporated, founded in 1851 and headquartered in New York, United States is an innovator in material science. The company applies unparalleled expertise in optical physics, glass science, and ceramic science to engineer and manufacture category-defining products.
Other Saudi Arabia pharmaceutical glass packaging market key players include Pharmaceutical Solutions Industry Ltd. and Middle East Glass, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Product |
|
| Breakup by Glass Type |
|
| Breakup by Application |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Global Pharmaceutical Glass Packaging Market Overview
8.1 Key Industry Highlights
8.2 Global Pharmaceutical Glass Packaging Historical Market (2018-2022)
8.3 Global Pharmaceutical Glass Packaging Market Forecast (2023-2028)
8.4 Global Pharmaceutical Glass Packaging Market Share by Region
8.4.1 North America
8.4.2 Europe
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Middle East and Africa
9 Saudi Arabia Pharmaceutical Glass Packaging Market Overview
9.1 Key Industry Highlights
9.2 Saudi Arabia Pharmaceutical Glass Packaging Historical Market (2018-2022)
9.3 Saudi Arabia Pharmaceutical Glass Packaging Market Forecast (2023-2028)
10 Saudi Arabia Pharmaceutical Glass Packaging Market by Product
10.1 Bottles and Containers
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Vials
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 Ampoules
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Cartridges and Syringes
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Saudi Arabia Pharmaceutical Glass Packaging Market by Glass Type
11.1 Type I
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Type II
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 Type III
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
12 Saudi Arabia Pharmaceutical Glass Packaging Market by Application
12.1 Branded
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Biological
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Generic
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyer’s Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Becton, Dickinson and Company
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Pharmaceutical Solutions Industry Ltd.
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 DWK Life Sciences GmbH
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Corning Incorporated
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Middle East Glass
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Pharmaceutical Glass Packaging Market: Key Industry Highlights, 2018 and 2028
2. Saudi Arabia Pharmaceutical Glass Packaging Market: Key Industry Highlights, 2018 and 2028
3. Saudi Arabia Pharmaceutical Glass Packaging Historical Market: Breakup by Product (USD Million), 2018-2022
4. Saudi Arabia Pharmaceutical Glass Packaging Market Forecast: Breakup by Product (USD Million), 2023-2028
5. Saudi Arabia Pharmaceutical Glass Packaging Historical Market: Breakup by Glass Type (USD Million), 2018-2022
6. Saudi Arabia Pharmaceutical Glass Packaging Market Forecast: Breakup by Glass Type (USD Million), 2023-2028
7. Saudi Arabia Pharmaceutical Glass Packaging Historical Market: Breakup by Application (USD Million), 2018-2022
8. Saudi Arabia Pharmaceutical Glass Packaging Market Forecast: Breakup by Application (USD Million), 2023-2028
9. Saudi Arabia Pharmaceutical Glass Packaging Market Structure
Key Questions Answered in the Report
The market reached a value of approximately USD 272.90 million in 2022.
The market is projected to grow at a CAGR of 9.4% between 2023 and 2028.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach USD 462.20 million by 2028.
The major market drivers include rising demand due to increasing prevalence of non-communicable diseases and growing requirement for pharmaceutical glass packaging to extend the shelf life of the drugs.
The key trends fuelling the growth of the market include strategic collaborations and partnerships and increased investment by the key market players towards the development of advanced pharmaceutical glass packaging solutions.
The major applications of pharmaceutical glass packaging include branded, biological, and generic.
The products available in the market include bottles and containers, vials, ampoules, and cartridges and syringes, among others.
The key players in the market are Becton, Dickinson and Company, Pharmaceutical Solutions Industry Ltd., DWK Life Sciences GmbH, Corning Incorporated, and Middle East Glass, among others.
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