openPR Logo
Press release

Pharmaceutical Glass Containers Market Research Report by Type, by Technology, by End-User - Global Forecast to 2026

09-15-2021 10:05 AM CET | Industry, Real Estate & Construction

Press release from: Market Insights Reports

The Pharmaceutical Glass Containers Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. This market report provides a holistic scope of the market which includes future supply and demand scenarios, changing market trends, high growth opportunities, and in-depth analysis of the future market prospects. This has brought along several changes in market conditions. Pharmaceutical Glass Containers market report provides latest insights about the market’s drivers, restraints, opportunities, and trends. It also gives an in-depth information about the growth and trends of various segments and the market in various regions.

The global pharmaceutical glass packaging market was valued at USD 24.32 billion in 2020 and is expected to reach a value of USD 32.92 billion by 2026 registering a CAGR of 5.2% over the forecast period (2021-2026). 

Get a free Sample Copy of this Report (Avail Flat 20% Discount on This Report):  

https://www.marketinsightsreports.com/reports/04192806765/global-pharmaceutical-glass-containers-market-growth-2021-2026/inquiry?Mode=namita

Top Leading Companies of Global Pharmaceutical Glass Containers Market are - Shandong PG, Wego, Zheng Chuan, BD, SCHOTT, SGD, Chengdu Jingu Pharma-Pack, Nipro, Cangzhou Xingchen Glass Products, Cangzhou Four Stars Glass, Linuo, Gerresheimer, Lumme, Nippon Electric Glass, CORNING, Zhengli, Chaohua, Hua Xin Glass, Namicos Corporation, and others.

Industry News and Updates:

06 Apr 2020: German pharma glass manufacturer Schott introduces Smart Containers

Schott, a German pharmaceutical glass manufacturer, has entered into digitized pharma manufacturing with the introduction of Smart Containers.

Every Smart Container has a laser-mark along with a unique identifier which creates unprecedented traceability throughout the manufacturing process.

The new concept allows the pharma manufacturers to unlock the power of machine vision and big data analytics on pharmaceutical filling lines.

Market Overview:

Glass bottles used in the pharmaceutical industry are extensively used for the packaging of medicinal drugs. Pharmaceutical glass bottles are manufactured to meet tight tolerance limits because they’re often filled in high-speed lines. Glass is being considered as a viable alternative as it’s impacts on humans and the environment are much less compared to polyethylene terephthalate (PET), making it the most environment-friendly packaging medium.​

The range of glass bottles includes standard products such as oral medicine and syrup bottles, dropper bottles, and infusion bottles in addition to tablet and ointment jars or wide mouth packers.​

These glass bottles come in different sizes, designs, and specifications whose volumes range from 5 ml up to 4000 ml. Of these, the large-sized containers are used for packaging of reagents as well as infusion transfusion bottles, whereas small-sized bottles are being used for packaging oral liquid, including syrup bottles, drops. These are also used for storing oral tablets.​

In addition to the regular-sized bottles, dropper bottles are being used in the pharmaceutical industry, in ophthalmic contexts and for things like essential oils and aromatherapy. The demand for these bottles is expected to witness increased demand owing to the growing popularity of vape liquids.​

On The Basis of Types: -

Glass Tube Injection Bottle

Ampoule

Prefilled Syringe

Cartridges

Other

On The Basis of Applications: -

Injectable Package

Oral Package

Others

The regions are further sub-divided into:

-North America:  US, Mexico, Canada
-Europe:  Russia, Ukraine, France, Spain, Sweden, Norway, Germany, Finland, Poland, Italy, United Kingdom, Greece, Austria, Denmark, Switzerland, Netherlands, Belgium, Turkey, Luxembourg
- Asia-Pacific:  China, Japan, India, Australia, South Korea, Taiwan, Malaysia, Philippines, Thailand, Singapore
- South America: Brazil, Argentina, Peru, Chile
- Middle East and Africa:  Bahrain, Egypt, Israel, Kuwait, Qatar, Saudi Arabia, United Arab Emirates, South Africa

Regional Analysis:

The glass bottles and syringes are the most used form of packaging in the United States. Seven of the top ten drugs sold in the United States are packaged using glass, according to Pharmaceutical-technology.com. Drugs such as Opdivo, Avastin, Herceptin, and Keytruda are sold in glass bottles, which are of 20 to 50 cc sizes, while the most sold drug Humira in sold in Syringes.​

The United States also dominates the pharmaceutical market, both in consumption and development. According to STAT, prescription drug spending in the nation is considered to add up to USD 600 billion by 2023, up from an estimated USD 500 billion in 2019, which is further expected to drive the market for pharmaceutical glass packaging in the country.

Moreover, the increasing population under the age group of 0-9 years is estimated to drive the demand for pharmaceutical syrups, which would, in turn, reflect the growth of the glass bottles consumption. According to the United States Census Bureau, in the United States, the population under 0-9 years age group was 40.01 million in 2019.​

Further, over the years, the United States has been emphasizing on recycled glass packaging. According to the US Glass Packaging Institute (GPI), the country annually uses over 3.35 million metric tons of glass. Also, it was estimated that over 33% of this figure was accounted for to produce glass containers in 2019. Within this approach, the country has built over 80 recycling plants for all recyclable materials. Effective recycling is driving the pharmaceutical industry to adopt glass packaging solutions apart from its other benefits.​

Influence of the Pharmaceutical Glass Containers Market Report:

-Comprehensive assessment of all opportunities and risk in the Pharmaceutical Glass Containers market.
-Pharmaceutical Glass Containers market recent innovations and major events.
-Detailed study of business strategies for growth of the Pharmaceutical Glass Containers market-leading players.
-Conclusive study about the growth plot of Pharmaceutical Glass Containers market for forthcoming years.
-In-depth understanding of Pharmaceutical Glass Containers market-particular drivers, constraints and major micro markets.
-Favorable impression inside vital technological and market latest trends striking the Pharmaceutical Glass Containers market.

Browse Full Report at:

https://www.marketinsightsreports.com/reports/04192806765/global-pharmaceutical-glass-containers-market-growth-2021-2026/inquiry?Mode=namita

What Are the Market Factors That Are Explained in The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The Global Pharmaceutical Glass Containers Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyses the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Finally, Pharmaceutical Glass Containers Market report is the credible hotspot for acquiring statistical market that will exponentially grow your business. The report gives the guideline area, monetary circumstances with the product value, advantage, limit, generation, supply, solicitation, and market improvement rate and figure, etc. Pharmaceutical Glass Containers Market report furthermore Presents another SWOT assessment, theory feasibility examination, and venture return investigation.

We Offer Customization on Report Based on Specific Client Requirement:

- Free Country Level analysis for any 5 countries of your choice.

- Free Competitive analysis of any 5 key market players.

- Free 40 analyst hours to cover any other data point.

CONTACT US:
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com

About Us:

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Pharmaceutical Glass Containers Market Research Report by Type, by Technology, by End-User - Global Forecast to 2026 here

News-ID: 2393638 • Views:

More Releases from Market Insights Reports

RTK Receiver Market Competition Strategies, Revenue Analysis, Key Players, Regio …
The qualitative report published by market intelligence data research on the RTK Receiver Market offers an in-depth examination of the current trends, latest expansions, conditions, market size, various drivers, limitations, and key players along with their profile details. The RTK Receiver market report offers the historical data for 2017 to 2022 and also makes available the forecast data from the year 2023 to 2029 which is based on revenue. With
Head Emergency Immobilizer Market: Size, Share, Trends, Growth, and Revenue Projections by 2029 by Key Players | Boscarol , Abronn , MeBer , Spencer
Head Emergency Immobilizer Market: Size, Share, Trends, Growth, and Revenue Proj …
****Revolutionary New Findings have been Uncovered in the Latest Research Report.….! Global Head Emergency Immobilizer market Size, Status, and forecast for the 2023-2029 .The research provides accurate economic, global, and country-level predictions and analyses. It provides a comprehensive perspective of the competitive market as well as an in-depth supply chain analysis to assist businesses in identifying major changes in industry practices. The market report also examines the current state of the
4D Diagnostic Ultrasound System Market to See Huge Growth & Profitable Business 2023-2029 by Key Players | GE Healthcare , Samsung Healthcare , Philips , Alpinion
4D Diagnostic Ultrasound System Market to See Huge Growth & Profitable Business …
****Revolutionary New Findings have been Uncovered in the Latest Research Report.….! Global 4D Diagnostic Ultrasound System market Size, Status, and forecast for the 2023-2029 .The research provides accurate economic, global, and country-level predictions and analyses. It provides a comprehensive perspective of the competitive market as well as an in-depth supply chain analysis to assist businesses in identifying major changes in industry practices. The market report also examines the current state of
Caulk Market 2023 Report Provides Pin Point Analysis of Changing Competition Dyn …
The qualitative report published by market intelligence data research on the Caulk Market offers an in-depth examination of the current trends, latest expansions, conditions, market size, various drivers, limitations, and key players along with their profile details. The Caulk market report offers the historical data for 2017 to 2022 and also makes available the forecast data from the year 2023 to 2029 which is based on revenue. With the help

All 5 Releases


More Releases for Glass

Glass Easy-clean Glass Market 2019| Pilkington Glass, PPG Industries, Ravensby W …
The global market status for Easy-clean Glass is precisely examined through a smart research report added to the broad database managed by Market Research Hub (MRH). This study is titled “Global Easy-clean Glass Market” Research Report 2019, which tends to deliver in-depth knowledge associated to the Easy-clean Glass market for the present and forecasted period until 2025. Furthermore, the report examines the target market based on market size, revenue and
Insulated Glass Market Analysis: Top Companies Includes (Cardinal Glass Industri …
Insulated glass refers to two or more lites of glass sealed around the edges with an air space between, to form a single unit. Insulating glass is a very effective way to reduce air-to-heat transfer through the glazing. When used in conjunction with low-E and/or reflective coatings, IG units perform even better for conserving energy and complying with local codes. The most common configuration of IG units for commercial building is
Glass Market in Automotive Industry 2018 Leading Company Analysis: Central Glass …
Glass Market in Automotive Industry 2018 Research Report – Global Forecast to 2023, is latest research report on Global Automotive Glass industry published by Market Research Future. Report provides comprehensive information on Global Glass Market forecast, historic data, with business development strategies, upcoming opportunities, and regional outlook For Automotive Industry. Global Glass market is expected to grow at strategic CAGR by the end of year 2023. Glass Industry Key Players Analyzed
Flat Glass Market 2018 Global Key Players: Asahi Glass, Nippon Sheet Glass, Guar …
Market Research Future published a research report on “Flat Glass Market Research Report - Forecast To 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023. Market Highlights: Today, low cost production in the glass industry means saving energy, using resources more effectively, responding more flexibly to market requirements and binding less capital. This is getting harder as markets are growing closer and competition is getting fierce. However, there are
Global Tempered Glass Market Research Report 2017 - Asahi Glass, NSG Group, Sain …
This report studies Tempered Glass in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with capacity, production, price, revenue and market share for each manufacturer, covering Asahi Glass NSG Group Saint-Gobain Guardian Industries Taiwan Glass Group Romag (UK) Dlubak Glass Virginia Mirror Fuso Press Glass Tyneside Safety Glass Fuyao Group CSG Holding Xinyi Glass Jin Jing Group KIBING Sanyuan Glass Blue Star Glass Xuban Glass North Glass Golden Glass Shuangling Market Segment by Regions, this report splits Global into several key
Global Ground Glass Market 2017- CSG, XINYI Glass, JINJING Glass, SYP Glass, Yao …
The market research report by QY Research provides detailed study on the overall Ground Glass market size, its financial positions, its unique selling points, key products, and key developments. This research report has segmented the Ground Glass market based on the segments covering all the domains in terms of type, country, region, forecasting revenues, and market share, along with analysis of latest trends in every sub-segment. CLICK HERE to Request Sample