Press release
Pharmaceutical Glass Packaging Market Size, Application, CAGR Analysis, Growth Factors And Future Forecast To 2033
The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033
The Business Research Company offers in-depth market insights through Pharmaceutical Glass Packaging Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The pharmaceutical glass packaging market size has grown strongly in recent years. It will grow from $13.8 billion in 2023 to $15.03 billion in 2024 at a compound annual growth rate (CAGR) of 9.0%. The growth in the historic period can be attributed to increasing pharmaceutical production, stringent regulations and quality standards, preference for glass's inert nature, global aging population, rise in chronic diseases.
The pharmaceutical glass packaging market size is expected to see rapid growth in the next few years. It will grow to $22.16 billion in 2028 at a compound annual growth rate (CAGR) of 10.2%. The growth in the forecast period can be attributed to continued growth in pharmaceutical sector, advancements in drug delivery, focus on sustainable packaging, demand for biopharmaceuticals, global healthcare infrastructure development. Major trends in the forecast period include growing popularity of ready-to-use packaging, shift towards biodegradable packaging, expansion of emerging markets, collaborations and partnerships.
Get Free Sample Of This Report-
https://www.thebusinessresearchcompany.com/sample.aspx?id=6584&type=smp
Market Segmentation:
The pharmaceutical glass packaging market covered in this report is segmented -
1) By Product: Ampoules, Bottles , Vials, Syringes, Cartridges, Other Product Types
2) By Drug Type: Generic, Branded, Biologic
3) By Material: Type I, Type II, Type III
4) By Application: Oral, Injectable, Nasal, Other Applications
Major Driver - Pharmaceutical Industry Surge Propels Growth In The Pharmaceutical Glass Packaging Market
The growth of the pharmaceutical industry is expected to propel the growth of the pharmaceutical glass packaging market going forward. The pharmaceutical industry refers to the discovery, development, and manufacture of medications and drugs. Pharmaceutical glass packaging is used to pack and store medicines, strong alkalis, and acids. For instance, in 2021, according to the Indian Brand Equity Foundation, an India-based government agency, the Indian pharmaceutical market increased by 17.7% annually, and the market revenue is expected to be over 12% in 2022. Therefore, the growth of the pharmaceutical industry is driving the growth of the pharmaceutical glass packaging market.
Competitive Landscape:
Major companies operating in the pharmaceutical glass packaging market report are AGC Inc., Berry Global Inc., Corning Inc., Şişecam, Ardagh Group S.A., Teijin Pharma Ltd., O-I Glass Inc., Hoya Corporation, Albéa Group, Nipro Corp, Aptar Group Inc., Bormioli Pharma SpA, Gerresheimer AG, Piramal Enterprises Ltd., Wheaton Industries Inc., Shandong Pharmaceutical Glass Co Ltd., Hindusthan National Glass & Industries Limited, Quadpack, Yoshino Glass Co Ltd., Stolzle Glass Group, West Pharmaceutical Services Inc., Schott AG, Beatson Clark, Arab Pharmaceutical Glass Co, Acme Vial & Glass Co, United Glass Company, SGD SA, Yamamura Glass Co Ltd., Toyo Glass Co Ltd., NEG Group Co Ltd.
Get Access To The Full Market Report -
https://www.thebusinessresearchcompany.com/report/pharmaceutical-glass-packaging-global-market-report
Top Trend - Unveiling Pharmacos Packaging Line Redefining Glass Jars For Pharmaceutical Excellence And Sustainability
Major companies operating in the pharmaceutical glass packaging market are focusing on innovating products, such as the glass jars, to provide a competitive edge in the market. Glass jars are cylindrical or slightly conical container, made of glass, ceramic, or plastic, with a wide mouth or opening that can be closed with a lid, screw cap, lug cap. For instance, in October 2023, Stoelzle Pharma, an Austria-based pharmaceutical glass packaging company, launched PharmaCos packaging line. PharmaCos packaging line is a new line of glass jars and bottles ranging from 5ml (milliliters) to 500ml (milliliters) in amber color with a screw neck design, as well as flat-shoulder bottles from 20ml (milliliters) to 150ml (milliliters). It is designed to provide a sustainable choice for healthcare products, with high recycled glass contents of 73% recycled content in amber glass and 38% in flint glass.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Pharmaceutical Glass Packaging Market Characteristics
3. Pharmaceutical Glass Packaging Market Trends And Strategies
4. Pharmaceutical Glass Packaging Market - Macro Economic Scenario
5. Pharmaceutical Glass Packaging Market Size And Growth
…..
27. Pharmaceutical Glass Packaging Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx
About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
The Business Research Company offers in-depth market insights through Pharmaceutical Glass Packaging Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The pharmaceutical glass packaging market size has grown strongly in recent years. It will grow from $13.8 billion in 2023 to $15.03 billion in 2024 at a compound annual growth rate (CAGR) of 9.0%. The growth in the historic period can be attributed to increasing pharmaceutical production, stringent regulations and quality standards, preference for glass's inert nature, global aging population, rise in chronic diseases.
The pharmaceutical glass packaging market size is expected to see rapid growth in the next few years. It will grow to $22.16 billion in 2028 at a compound annual growth rate (CAGR) of 10.2%. The growth in the forecast period can be attributed to continued growth in pharmaceutical sector, advancements in drug delivery, focus on sustainable packaging, demand for biopharmaceuticals, global healthcare infrastructure development. Major trends in the forecast period include growing popularity of ready-to-use packaging, shift towards biodegradable packaging, expansion of emerging markets, collaborations and partnerships.
Get Free Sample Of This Report-
https://www.thebusinessresearchcompany.com/sample.aspx?id=6584&type=smp
Market Segmentation:
The pharmaceutical glass packaging market covered in this report is segmented -
1) By Product: Ampoules, Bottles , Vials, Syringes, Cartridges, Other Product Types
2) By Drug Type: Generic, Branded, Biologic
3) By Material: Type I, Type II, Type III
4) By Application: Oral, Injectable, Nasal, Other Applications
Major Driver - Pharmaceutical Industry Surge Propels Growth In The Pharmaceutical Glass Packaging Market
The growth of the pharmaceutical industry is expected to propel the growth of the pharmaceutical glass packaging market going forward. The pharmaceutical industry refers to the discovery, development, and manufacture of medications and drugs. Pharmaceutical glass packaging is used to pack and store medicines, strong alkalis, and acids. For instance, in 2021, according to the Indian Brand Equity Foundation, an India-based government agency, the Indian pharmaceutical market increased by 17.7% annually, and the market revenue is expected to be over 12% in 2022. Therefore, the growth of the pharmaceutical industry is driving the growth of the pharmaceutical glass packaging market.
Competitive Landscape:
Major companies operating in the pharmaceutical glass packaging market report are AGC Inc., Berry Global Inc., Corning Inc., Şişecam, Ardagh Group S.A., Teijin Pharma Ltd., O-I Glass Inc., Hoya Corporation, Albéa Group, Nipro Corp, Aptar Group Inc., Bormioli Pharma SpA, Gerresheimer AG, Piramal Enterprises Ltd., Wheaton Industries Inc., Shandong Pharmaceutical Glass Co Ltd., Hindusthan National Glass & Industries Limited, Quadpack, Yoshino Glass Co Ltd., Stolzle Glass Group, West Pharmaceutical Services Inc., Schott AG, Beatson Clark, Arab Pharmaceutical Glass Co, Acme Vial & Glass Co, United Glass Company, SGD SA, Yamamura Glass Co Ltd., Toyo Glass Co Ltd., NEG Group Co Ltd.
Get Access To The Full Market Report -
https://www.thebusinessresearchcompany.com/report/pharmaceutical-glass-packaging-global-market-report
Top Trend - Unveiling Pharmacos Packaging Line Redefining Glass Jars For Pharmaceutical Excellence And Sustainability
Major companies operating in the pharmaceutical glass packaging market are focusing on innovating products, such as the glass jars, to provide a competitive edge in the market. Glass jars are cylindrical or slightly conical container, made of glass, ceramic, or plastic, with a wide mouth or opening that can be closed with a lid, screw cap, lug cap. For instance, in October 2023, Stoelzle Pharma, an Austria-based pharmaceutical glass packaging company, launched PharmaCos packaging line. PharmaCos packaging line is a new line of glass jars and bottles ranging from 5ml (milliliters) to 500ml (milliliters) in amber color with a screw neck design, as well as flat-shoulder bottles from 20ml (milliliters) to 150ml (milliliters). It is designed to provide a sustainable choice for healthcare products, with high recycled glass contents of 73% recycled content in amber glass and 38% in flint glass.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Pharmaceutical Glass Packaging Market Characteristics
3. Pharmaceutical Glass Packaging Market Trends And Strategies
4. Pharmaceutical Glass Packaging Market - Macro Economic Scenario
5. Pharmaceutical Glass Packaging Market Size And Growth
…..
27. Pharmaceutical Glass Packaging Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx
About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
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