Pharmaceutical Glass Packaging Market By Size, Supplier, Demand Analysis, Type, Statistics, Regions and Forecast – 2030
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Driver: This market is expected to increase significantly over the forecast period, owing to the rise of the pharmaceutical industry in emerging economies. Furthermore, drug interactions with important packaging materials are a problem in the healthcare business. Glass packaging has long been the preferred alternative in the pharmaceutical and biotechnology industries because it prevents medication interactions. Furthermore, several technological advancements in the glass manufacturing industry are propelling the global market forward.
Restrain: The global market's growth may be impeded over the projection period as other sources become more significant. The increasing demand for plastic packaging could stifle the expansion of the pharmaceutical glass packaging market.
Global Flat Glass Market
• In August 2021, Pharma packaging specialist Origin launches SnappD to transform 'wasteful sachet economy'. Innovative single-dose solution proved a hit for sanitizer during the pandemic and now a separate business unit is being launched to drive growth.
• In August 2021, Tageos launched its EOS-202 U9 RAIN RFID inlay. With the smallest form factor available today for healthcare and pharmaceutical applications, the new inlay has successfully passed latest tests specified by the Auburn University RFID Lab Spec S. Furthermore, EOS-202 U9 is certified by DoseID as suitable for a broad range of pharmaceutical and healthcare purposes.
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Key Market Insights from the report:
The Global Pharmaceutical Glass Packaging Market accounted for US$ 3.79 billion in 2020 and is estimated to be US$ 8.52 billion by 2030 and is anticipated to register a CAGR of 8.5%. The Global Pharmaceutical Glass Packaging Market is segmented based on the type, products, color, application and region.
• By Type, the Global Pharmaceutical Glass Packaging Market is segmented into Borosilicate Glass, Treated Soda-Lime Glass, and Regular Soda Lime Glass.
• By Products, the market is segmented into Ampoules, Cartridges, Bottles, Syringes, and Vials.
• By Color, the market is segmented into Amber and Clear.
• By Application, the market is segmented into Nasal, Topical, Oral, and Injectable.
• By Region, the Global Pharmaceutical Glass Packaging Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America held the largest share of the global market, due to increasing demand of glass in primary packaging of parenteral and topical formulations.
Competitive Landscape & their strategies:
The prominent player operating in the global Pharmaceutical Glass Packaging Market include Gerresheimer AG, SCHOTT AG, Bormioli Pharma S.r.l, Origin Pharma Packaging, SGD Group SAS, West, Pharmaceutical Services, Inc., Nipro Corporation, Piramal Glass Private Limited and Stevanato Group SpA.
Prominent players operating in the target market are focusing on the strategic partnerships as well as launching of the products in order to gain competitive edge in the target market.
Global Flat Glass Market
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The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.
Explore Extensive Coverage of Prophecy Market Insights Healthcare Industry:
Key questions answered in the report:
• What will the market growth rate of Pharmaceutical Glass Packaging Market in 2026?
• What are the key factors driving the global Pharmaceutical Glass Packaging Market?
• Who are the key manufacturers in Pharmaceutical Glass Packaging Market space?
• What are the market opportunities, market risk and market overview of the Global Pharmaceutical Glass Packaging market?
• What are sales, revenue, and price analysis of top manufacturers of Pharmaceutical Glass Packaging Global market?
• What are sales, revenue, and price analysis by types and applications of Pharmaceutical Glass Packaging Market?
• What are sales, revenue, and price analysis by regions of Pharmaceutical Glass Packaging market?
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