Pharmaceutical Glass Packaging Market Is Booming Across the Globe Explored in Latest Report 2022-2028 | Top Key Players Analysis by - Gerresheimer Glass Inc., Corning Incorporated, Nipro Corporation

The Pharmaceutical Glass Packaging  market report provides information regarding market size, share, trends, growth, cost structure, global market competition landscape, market drivers, challenges and opportunity, capacity, revenue and forecast 2028. This report also includes the overall and comprehensive study of the Pharmaceutical Glass Packaging market with all its aspects influencing the growth of the market. This report is an exhaustive quantitative analysis of the Pharmaceutical Glass Packaging industry and provides data for making strategies to increase market growth and effectiveness.

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The global pharmaceutical glass packaging market was valued at USD 151.55 billion in 2019 and is expected to reach a value of USD 256.97 billion by 2027 registering a CAGR of 9.17% over the forecast period (2022 Ð 2027).

Markets Segmentation:

Top leading Companies Profiled in Pharmaceutical Glass Packaging Market Report 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, _i_ecam Group

News and Updates

- February 2022 - Stevanato Group and Bormioli Pharma announced a collaboration agreement to enable biopharma customers, contract filling organizations, and research laboratories to receive Bormioli PharmaÕs proprietary primary containers in OmpiÕs (Stevanato) industry-recognized EZ-fill secondary packaging configuration._

- January 2022 - Gerresheimer launched Gx Elite top-quality injection vials for greater patient safety. These high-end tubular glass vials are GerresheimersÕ response to increasingly stringent customer demands and expectations on the pharmaceutical market, including greater demands for patient safety. _

Market Overview

Glass packaging is one of the primary packaging material for the pharmaceutical industry as it limits the alkalinity and hydrolytic resistance of the glass container. Further, the pharmaceutical and medical device industries are highly regulated and are emphasizing the safety and sustainability aspects of manufacturing and packaging processes. Traceability legislations across the healthcare sector have been established to counter counterfeit drugs and medical devices. For instance, in October 2019, Corning Incorporated announced an allied pharmaceutical manufacturer got FDA approval of Corning Valor Glass to be deployed as a primary package for a marketed drug product. Such innovative glass packaging solution is following a new trend in the market.

- The growth of the pharmaceutical industry in emerging economies_ is driving the market. The glass packaging manufacturers and suppliers are focusing on shifting their base to China, India, and Brazil, as a result of increasing opportunities offered by the pharmaceutical industry in these countries, especially in the generics sector. For instance, in April 2019, the technology group, SCHOTT, invested BRL 50 million in its pharmaceutical tubing production in Rio de Janeiro, as part of its global growth strategy. As the demand in pharmaceutical industries is increasing, SCHOTT is contributing to manufacture 100% inspection of glass tubing to detect possible defects. _

- Further, India is the source of 60,000 generic brands across 60 therapeutic categories and manufactures more than 500 different Active Pharmaceutical Ingredients (APIs). The Department of Pharmaceuticals aims to make the country a hub for end-to-end drug discovery under its ÔPharma Vision 2022Õ.

Market Segmented By Types

Market Segmented By Applications

Regional Analysis:

Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, and Others), North America (United States, Canada, and Mexico), Central & South America (Brazil, and Rest of South America), Europe (Germany, France, UK, Italy, Russia, and Rest of Europe), Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa and Other)

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Key Takeaways from Pharmaceutical Glass Packaging Report

─Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals

─Understand the different dynamics influencing the Pharmaceutical Glass Packaging market - key driving factors, challenges and hidden opportunities.

─Get in-depth insights on your competitor performance - Pharmaceutical Glass Packaging market shares, strategies, financial benchmarking, product benchmarking, SWOT and more

─Analyze the sales and distribution channels across key geographies to improve top-line revenues.

─Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

─Get a quick outlook on the market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.

─Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the Pharmaceutical Glass Packaging

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In conclusion, the Pharmaceutical Glass Packaging market report presents the descriptive analysis of the parent market supported elite players, present, past and artistic movement information which is able to function as a profitable guide for all the Pharmaceutical Glass Packaging Industry business competitors. Our expert research analyst's team has been trained to provide in-depth market research reports from every individual sector which will be helpful to understand the industry data in the most precise way.

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