What Is The Current and Historic Market Size Analysis Of Pharmaceutical Glass Packaging Market?
The pharmaceutical glass packaging market has seen considerable growth due to a variety of factors.
• Over the past few years, the pharmaceutical glass packaging market has been experiencing robust growth. The market is set to expand from $14.94 billion in 2024 to $16.28 billion in 2025, with a compound annual growth rate (CAGR) of 9.0%.
The historical period's growth can be traced back to a surge in pharmaceutical manufacturing, stringent regulatory measures and quality norms, preference for the inert properties of glass, the worldwide aging populace, and an escalation in chronic diseases.
How Will the Pharmaceutical Glass Packaging Market Size Evolve over the Forecast Period?
The pharmaceutical glass packaging market is expected to maintain its strong growth trajectory in upcoming years.
• In the coming years, the market size for pharmaceutical glass packaging is projected to witness swift expansion. The estimated growth is to hit a market size of $25.12 billion by 2029, growing at a compound annual growth rate (CAGR) of 11.4%.
The projected growth during the anticipated period can be traced back to factors such as consistent expansion in the pharmaceutical industry, advancements in drug delivery services, emphasis on eco-friendly packaging solutions, increasing demand for biopharmaceuticals and the worldwide development of healthcare infrastructure. The key trends influencing the projected period consist of the rising attractiveness of ready-to-use packaging, the move towards bio-degradable packaging, the growth of emerging markets, as well as collaborations and partnerships.
What Are The Primary Growth Drivers In The Pharmaceutical Glass Packaging Market?
The advancement of the pharmaceutical sector is projected to spur the expansion of the pharmaceutical glass packaging market. The pharmaceutical sector encompasses the identification, production, and creation of drugs and medications. Pharmaceutical glass packaging is utilized for the storage and packing of medications, potent alkalis, and acids. For example, data from Zippia, a prominent information source in the US, predicted that by 2023, the U.S. pharmaceutical sector will constitute 43.7% of the worldwide pharmaceutical market. Hence, the evolution of the pharmaceutical sector fuels the growth of the pharmaceutical glass packaging market.
What Key Areas Define The Segmentation Of The Global Pharmaceutical Glass Packaging Market?
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
Subsegments:
1) By Ampoules: Clear Glass Ampoules, Amber Glass Ampoules, Specialty Ampoules
2) By Bottles: Dropper Bottles, Oral Solution Bottles, Infusion Bottles, Opaque Bottles
3) By Vials: Single-Dose Vials, Multi-Dose Vials, Specialty Vials
4) By Syringes: Pre-filled Syringes, Conventional Syringes, Safety Syringes
5) By Cartridges: Glass Cartridges For Pen Injectors, Pre-filled Glass Cartridges
6) By Other Product Types: Parenteral Bags, Glass Tubes, Specialty Packaging
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How Are Emerging Trends Reshaping The Dynamics Of The Pharmaceutical Glass Packaging Market?
Leading corporations in the pharmaceutical glass packaging market are making strides in product innovation, one such example being the creation of Molded glass vials, in efforts to gain a competitive advantage. The process of producing molded glass vials involves injecting molten glass into a mold, which is then filled using compressed air in the pre-forming process. A case in point is SGD Pharma, an Indian firm that specializes in glass pharmaceutical packaging services, which released ready-to-use (RTU) sterile 100 ml molded glass vials in March 2022. These vials are specifically designed to pack large quantities of high-value parenteral drugs. The RTU sterile 100 ml molded glass vials are designed without glass-to-glass contact to reduce particle generation, thereby ensuring patient safety. They are compatible with various injectable applications and their sterility and depyrogenation guarantee that the vials are completely free from contaminants.
Who Are the Key Players in the Pharmaceutical Glass Packaging Market?
Major companies operating in the pharmaceutical glass packaging market include:
• AGC Inc.
• Berry Global Inc.
• Corning Inc.
• Sisecam
• Ardagh Group S.A.
• O-I Glass Inc.
• Hoya Corporation
• Albéa Group
• Nipro Corp
• Aptar Group Inc.
• Bormioli Pharma SpA
• Gerresheimer AG
• Wheaton Industries Inc.
• Shandong Pharmaceutical Glass Co Ltd.
• Hindusthan National Glass & Industries Limited
• Yoshino Glass Co Ltd.
• Stolzle Glass Group
• 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.
What Is The Most Dominant Region In The Pharmaceutical Glass Packaging Market?
North America was the largest region in the pharmaceutical glass packaging market in 2024. The regions covered in the pharmaceutical glass packaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
