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Pharmaceutical Glass Packaging Market Size Forecasted To Achieve $25.12 Billion By 2029 With Steady Growth
The Pharmaceutical Glass Packaging Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Expected Pharmaceutical Glass Packaging Market Size During the Forecast Period?
The market size for glass packaging in the pharmaceutical sector has seen robust growth lately. It is projected to expand from a worth of $14.94 billion in 2024 to reach a value of $16.28 billion in 2025, with a compound annual growth rate (CAGR) of 9.0%. The growth observed in the past period has been due to factors like increased pharmaceutical production, rigorous regulations and quality standards, the inert nature of glass being preferred, the worldwide aging population, and an increase in chronic diseases.
In the coming years, the market size of pharmaceutical glass packaging is forecasted to experience a swift expansion. By 2029, it's projected to reach a value of $25.12 billion, growing at a compound annual growth rate (CAGR) of 11.4%. The predicted growth during this period is largely due to the persistent growth of the pharmaceutical sector, improvements in drug delivery technology, an emphasis on environmentally friendly packaging, a rise in demand for biopharmaceuticals, and the development of global health care infrastructure. Key trends anticipated during this forecast period encompass an increasing preference for ready-to-use packaging, a transition towards biodegradable packaging, the expansion of developing markets, along with collaborations and partnerships.
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What Are the High-Growth Segments in the Pharmaceutical Glass Packaging Market?
The pharmaceutical glass packaging market covered in this report is segmented -
1) By Product: Ampoules, Bottles , Vials, Syringes, Cartridges, Other Product Types
2) By Drug Type: Generic, Branded, Biologic
3) By Material: Type I, Type II, Type III
4) By Application: Oral, Injectable, Nasal, Other Applications
Subsegments:
1) By Ampoules: Clear Glass Ampoules, Amber Glass Ampoules, Specialty Ampoules
2) By Bottles: Dropper Bottles, Oral Solution Bottles, Infusion Bottles, Opaque Bottles
3) By Vials: Single-Dose Vials, Multi-Dose Vials, Specialty Vials
4) By Syringes: Pre-filled Syringes, Conventional Syringes, Safety Syringes
5) By Cartridges: Glass Cartridges For Pen Injectors, Pre-filled Glass Cartridges
6) By Other Product Types: Parenteral Bags, Glass Tubes, Specialty Packaging
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What Key Drivers Are Expected to Influence Future Pharmaceutical Glass Packaging Market Growth?
The expansion of the pharmaceutical industry is anticipated to fuel the development of the pharmaceutical glass packaging market in the future. The pharmaceutical sector is involved in the invention, production, and creation of drugs and medicines. Pharmaceutical glass packaging is utilized to preserve and store medicines, potent alkalis, and acids. For example, Zippia, a prominent information platform in the U.S, reported in 2023 that the U.S. pharmaceutical sector constituted 43.7% of the worldwide pharmaceutical market in that year. As a result, the progress of the pharmaceutical industry is spurring the expansion of the pharmaceutical glass packaging market.
Which Companies Hold the Largest Share Across Different Pharmaceutical Glass Packaging Market Segments?
Major companies operating in the pharmaceutical glass packaging market include AGC Inc., Berry Global Inc., Corning Inc., Sisecam, Ardagh Group S.A., O-I Glass Inc., Hoya Corporation, Albéa Group, Nipro Corp, Aptar Group Inc., Bormioli Pharma SpA, Gerresheimer AG, Wheaton Industries Inc., Shandong Pharmaceutical Glass Co Ltd., Hindusthan National Glass & Industries Limited, Yoshino Glass Co Ltd., Stolzle Glass Group, Schott AG, Beatson Clark, Arab Pharmaceutical Glass Co, Acme Vial & Glass Co, United Glass Company, SGD SA, Yamamura Glass Co Ltd., Toyo Glass Co Ltd., NEG Group Co Ltd.
What Are the Latest Developing Trends in the Pharmaceutical Glass Packaging Market?
Major pharmaceutical glass packaging companies are concentrating on product innovation, such as Molded glass vials, with the goal of gaining a competitive advantage in the market. Molded glass vials are glass containers made by injecting molten glass into a mold, with compressed air aiding in the initial shaping process. To give an example, SGD Pharma, a company based in India dedicated to providing glass pharmaceutical packaging services, introduced ready-to-use (RTU) sterile 100 ml molded glass vials in March 2022. These RTU sterile 100 ml molded glass vials are designed for packaging high-value parenteral drugs in large volumes. One notable feature of these vials is that there is no glass-to-glass contact, reducing particle generation and enhancing patient safety. They are also compatible with different injectable applications and offer sterility and depyrogenation, ensuring that the vials are free from contaminants.
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What Are the Emerging Geographies for The Pharmaceutical Glass Packaging Market Growth?
North America was the largest region in the pharmaceutical glass packaging market in 2024. The regions covered in the pharmaceutical glass packaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Pharmaceutical Glass Packaging Market?
2. What is the CAGR expected in the Pharmaceutical Glass Packaging Market?
3. What Are the Key Innovations Transforming the Pharmaceutical Glass Packaging Industry?
4. Which Region Is Leading the Pharmaceutical Glass Packaging Market?
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