Pharmaceutical Glass Packaging Market: Emerging Trends And Opportunities Until 2032 || Gerresheimer, Corning Inc., Nipro, Stolzle-Oberglas GmBH, Bormioli Pharma S.r.l

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Pharmaceutical Glass Packaging Market Size, Growth Rate, And Forecast

The global pharmaceutical glass packaging market size grew from $12.58 billion in 2022 to $13.7 billion in 2023 at a compound annual growth rate (CAGR) of 8.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The pharmaceutical glass packaging market size is expected to grow to $18.89 billion in 2027 at a CAGR of 8.4%.

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Pharmaceutical Glass Packaging Market Drivers

The growth of the pharmaceutical industry is expected to propel the growth of the pharmaceutical glass packaging market going forward. The pharmaceutical industry refers to the discovery, development, and manufacture of medications and drugs. Pharmaceutical glass packaging is used to pack and store medicines, strong alkalis, and acids. For instance, in 2021, according to the Indian Brand Equity Foundation, an India-based government agency, the Indian pharmaceutical market increased by 17.7% annually, up from 13.7% in July 2020, and the market revenue is expected to be over 12% in 2022. Therefore, the growth of the pharmaceutical industry is driving the growth of the pharmaceutical glass packaging market.

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Pharmaceutical Glass Packaging Market Segments

• By Product: Ampoules, Bottles , Vials, Syringes, Cartridges, Other Product Types

• By Drug Type: Generic, Branded, Biologic

• By Material: Type I, Type II, Type III

• By Application: Oral, Injectable, Nasal, Other Applications

• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the pharmaceutical glass packaging market.

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Pharmaceutical Glass Packaging Market Key Players
Major competitors in the pharmaceutical glass packaging market are Gerresheimer, Corning Inc., Nipro, Stolzle-Oberglas GmBH, Bormioli Pharma S.r.l, West Pharmaceutical Services, West Pharmaceutical Services, Schott AG, Beatson Clark, Sisecam, O-I Glass, Arab Pharmaceutical Glass Co.

The Business Research Company's "Global Pharmaceutical Glass Packaging Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.

The Table Of Content For The Pharmaceutical Glass Packaging Market Include:
1. Executive Summary
2. Pharmaceutical Glass Packaging Market Characteristics
3. Pharmaceutical Glass Packaging Market Trends And Strategies
4. Pharmaceutical Glass Packaging Market - Macro Economic Scenario
5. Pharmaceutical Glass Packaging Market Size And Growth
………………
27. Pharmaceutical Glass Packaging Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Pharmaceutical Glass Packaging Market
29. Pharmaceutical Glass Packaging Market Future Outlook and Potential Analysis
30. Appendix

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