Pharmaceutical Glass Packaging Market In 2021-2026 Including Top Key Players, Trends And Emerging Growth Factors

The Pharmaceutical Glass Packaging Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Pharmaceutical Glass Packaging market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Pharmaceutical Glass Packaging market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Pharmaceutical Glass Packaging market.

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)

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Top Leading Companies of Pharmaceutical Glass Packaging Market are - Gerresheimer Glass Inc., Corning Incorporated, Nipro Corporation, SGD S.A (SGD Pharma), Stolzle-Oberglas GmBH (CAG Holding Gmbh), Bormioli Pharma S.p.A, West Pharmaceutical Services, Inc., Schott AG, Shandong Medicinal Glass Co., Ltd., Beatson Clark, Arab Pharmaceutical Glass Co., Piramal Enterprises and others.

Industry News and Updates:

- February 2020 - Stevanato Group and Bormioli Pharma announced a collaboration agreement to enable biopharma customers, contract filling organizations, and research laboratories to receive Bormioli Pharma’s proprietary primary containers in Ompi’s (Stevanato) industry-recognized EZ-fill secondary packaging configuration.?

- January 2020 - Gerresheimer launched Gx Elite top-quality injection vials for greater patient safety. These high-end tubular glass vials are Gerresheimers response to increasingly stringent customer demands and expectations on the pharmaceutical market, including greater demands for patient safety.

Key Market Trends:

Glass Bottles to Witness a Significant Growth

- 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.

North America Holds a Significant Share

- 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.

Investigator Observers Strong Growth in Specific Regions:

– Europe Market (Germany, UK, France, Russia, Italy)

– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)

– South America Market (Brazil, Argentina, Colombia)

– North America Market (United States, Canada, Mexico)

– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).

The Latest Industry Data Included in this Report:
- Pharmaceutical Glass Packaging Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Pharmaceutical Glass Packaging Market (%),2016 - 2026
- Pharmaceutical Glass Packaging Market Share, By Brand
- Pharmaceutical Glass Packaging Market Share, By Company
- Pharmaceutical Glass Packaging Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Pharmaceutical Glass Packaging Market Value Analysis & Forecast
- Promising Pharmaceutical Glass Packaging Development by Major Companies
- Detailed Pharmaceutical Glass Packaging Portfolio of the Major Companies
- Major Deals in the Pharmaceutical Glass Packaging Market
- Major Companies Analysis

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