Press release
Pharmaceutical Glass Packaging Market Size 2021 | To Exhibit 7.6% CAGR and Hit $22.25 Billion by 2027
Pharmaceutical Glass Packaging Market Size
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Pharmaceutical Glass Packaging Market Size
The global Pharmaceutical Glass Packaging market was USD 12.36 billion in 2019 and is forecasted to garner value of USD 22.25 billion by the end of 2027 growing at a CAGR 7.6% between 2020 and 2027.
A thorough analysis on market effect factors, market risks, technological progress, consumer buying behaviour is covered along with value chain analysis, upstream and downstream market development trends and price and cost trends for product and raw materials.
Regional Analysis:
At regional level, market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East and Africa. North America was the largest regional market in 2019 with revenue share of almost 40%. This large share is attributed to presence of pharmaceutical giants in this region majorly in U.S., availability advanced infrastructure, favorable government regulations, funding, high per capita income, high pharmaceutical R&D investments etc. This region is expected to offer great opportunities to key players in the market. U.S. is major country level market in North America pharmaceutical glass packaging market.
Europe was second largest regional markets with growth led by developed countries like UK and Germany. Asia Pacific is estimated to grow at the fastest CAGR in the coming years. Emerging markets like China and India and economic development in emerging countries, emerging pharmaceutical industry, increasing focus of major manufacturers to capture growth potential in emerging market are major factors that are expected to boost growth in this region.
Key Market Players:
• Schott AG
• Gerresheimer AG
• Becton, Dickinson and Company
• Owens-Illinois, Inc.
• Ardagh Group S.A.
• Nipro Corporation
• West Pharmaceutical Services, Inc.
• Stevanato Group (Ompi)
• O.Berk Company, LLC
• DWK Life Sciences GmbH
• Beatson Clark Ltd.
• Piramal Glass Limited
• Acme Vial and Glass Company, LLC
• Amposan S.A.
• SGD Pharma
• Hindusthan National Glass & Industries Limited
• Shandong Pharmaceutical Glass Co., Ltd.
• Bormioli Pharma Srl
• Agrado S.A.
• Others
The report is prepared by thorough primary and secondary research. Secondary data sources include company websites, magazines, press releases, SEC filings, various paid databases and others. Primary research involves interviews with key industry experts, KOLs, major vendors from both supply and demand side.
Covid-19 impact analysis
The COVID-19 pandemic has impacted every aspect of life and business. It has emerged as a global pandemic which has affected almost all countries across the globe and disrupted various business functions around the world. A drastic change in sales channels across different industries is observed. Multiple industries are experiencing economic slowdown or decline as a result of COVID-19 crisis.
Healthcare and pharmaceutical sector has also experienced multitude of challenges across supply chains, business and manufacturing operations. US, India, Italy, Spain, UK, Brazil, Russia and Germany are most severely affected countries and have experienced sharp rise in COVID-19 cases.
Lockdown and travel restrictions have severely impacted overall businesses in China, India, Spain, Germany, U.S. and many parts across the globe. Partial or complete lockdown and social distancing norms had to be imposed in manufacturing plants, R&D centers and across other business units as well. Labor shortage, logistics and transportation restrictions have severely affected supply chains leading to production loss resulting in sales decline. Pharmaceutical glass packaging market also observed multitude of challenges during first half of year 2020 due to sudden supply demand during the crisis and focus of manufacturers to find raw material sources away from China.
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Segmentation Analysis:
The global Pharmaceutical Glass Packaging market is segmented based on Product Type, Glass Color, Glass Quality, Route of Administration, Therapeutic Area, Drug Form, Drug Type, End User and region.
Global Pharmaceutical Glass Packaging market report is segmented as:
By Product Type
• Vials
• Cartridges
• Syringes
• Bottles
• Ampoules
• Others
By Glass Color
• Clear Glass
• Amber
• Others (Green, Blue, etc.)
By Glass Quality
• Type I
• Type II
• Type III
• Type IV
By Drug Type
• Branded
• Generic
• Biologic
By End User
• Pharmaceutical Companies
• Biopharmaceutical Companies
• Contract Research Organizations (CROs)
• Contract Development and Manufacturing Organization (CDMO)
• Others (Academic and Research Institutes, Research Centers, Hospitals & Clinics)
The regional scope covers value (revenue) and volume data for below mentioned countries and regions:
• North America (U.S., Canada, Rest of North America)
• Europe (UK, Germany, France, Italy, Spain, Rest of Europe)
• Asia Pacific (China, Japan, India, Southeast Asia, Rest of Asia Pacific)
• Latin America (Brazil, Mexico, Rest of Latin America)
• Middle East and Africa (Saudi Arabia, UAE, South Africa, Rest of Middle East and Africa)
Key Advantages to purchase Pharmaceutical Glass Packaging Market Report:
• To gain complete analysis on market potential, growth and trends data
• To analyse current competitive trends in the market and strategies used by key players to strengthen their businesses & leading market position
• Evaluate major market challenges and risks and implement solutions or strategies to mitigate the market risks
• To gain clear understanding of global market scope, potential, growth influencing drivers, restraints and opportunities
• To perceive future market outlook and growth prospects for strategic business decisions like geographic or product portfolio expansion
• Besides syndicate reports, we also offer customized research solutions and consulting services for specific business needs
Years considered in the report are:
• Historic Years: 2016-2019
• Base Year: 2019
• Estimated Year: 2020
• Forecast Year 2020 to 2027
Key Highlights of Pharmaceutical Glass Packaging Market Report:
• Granular analysis of market size estimates in terms of value (revenue), volume and growth rate at country and region level for each segment and sub-segment
• Current industry trends and developments shaping the market
• Competitive market share analysis for major market players, pricing and cost analysis along with product benchmarking
• Qualitative analysis of growth driving factors, opportunities, restraints, market challenges and risks or threats
• Market attractiveness analysis for each major segment
• To analyse the revenue pockets in the market for stakeholders or major vendors by categorizing the specific high growth segments
Table of Content
1. Preface
2. Research Methodology
2.1. Research Methodology
2.2. Models
2.3. Research limitations
3. Executive Summary
4. Post COVID-19 Industry Dynamics
5. COVID-19 Impact Analysis on Industry
5.1. Restrictions due to COVID-19
5.2. Demand-side Constraints
5.3. Supply-side Constraints
6. Market Price & Cost Analysis
6.1. Price Trend Analysis of the Market
7. Industrial Chain, Sourcing Strategy and Downstream Buyers
7.1. Upstream Raw Materials Sourcing
7.2. Industrial Chain Analysis
7.3. Downstream Buyers
8. Market Dynamics and Industry Analysis
8.1. Global Pharmaceutical Glass Packaging Market: Introduction
8.2. Market Drivers
8.3. Market Restraint
8.4. Market Opportunity
8.5. Porter's Five Forces Analysis
9. Trending Insights on Current Market Scenario
9.1. Current Market Trends
9.2. SWOT Analysis
9.3. PESTEL Analysis
10. Market Growth Attractiveness Analysis
11. Competitive Share Analysis
11.1. Company Share Analysis
11.2. Strategic Developments
11.3. Supplier Benchmarking
12. Global Pharmaceutical Glass Packaging Market: Product Type Segment Analysis
13. Global Pharmaceutical Glass Packaging Market: Glass Color Segment Analysis
14. Global Pharmaceutical Glass Packaging Market: Glass Quality Segment Analysis
15. Global Pharmaceutical Glass Packaging Market: Drug Type Segment Analysis
16. Global Pharmaceutical Glass Packaging Market: End-User Segment Analysis
17. Global Pharmaceutical Glass Packaging Market: Regional Analysis
17.1. Regional Overview
17.2. North America
17.2.1. U.S.
17.2.2. Canada
17.2.3. Rest of North America
17.3. Europe
17.3.1. Germany
17.3.2. U.K.
17.3.3. France
17.3.4. Italy
17.3.5. Spain
17.3.6. Russia
17.3.7. Rest of Europe
17.4. Asia Pacific
17.4.1. China
17.4.2. Japan
17.4.3. India
17.4.4. Australia
17.4.5. Southeast Asia
17.4.6. Rest of Asia Pacific
17.5. Latin America
17.5.1. Brazil
17.5.2. Mexico
17.5.3. Rest of Latin America
17.6. Middle East and Africa
17.6.1. Saudi Arabia
17.6.2. South Africa
17.6.3. UAE
17.6.4. Rest of Middle East and Africa
18. Company Profiles
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