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Pharmaceutical Industry Surge Propels Growth In The Pharmaceutical Glass Packaging Market: Critical Driver Shaping the Pharmaceutical Glass Packaging Market in 2025
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Pharmaceutical Glass Packaging Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
There has been significant growth in the size of the pharmaceutical glass packaging market in the last few years. The market is expected to progress from a worth of $14.94 billion in 2024 to a larger value of $16.28 billion in 2025, with a compound annual growth rate (CAGR) of 9.0%. Factors such as an increase in pharmaceutical production, strict regulations and quality norms, preference for the non-reactive nature of glass, an aging global populace, and a rise in chronic illnesses contribute towards the growth observed in the historic period.
Pharmaceutical Glass Packaging Market Size Forecast: What's the Projected Valuation by 2029?
The market size of pharmaceutical glass packaging is projected to experience swift expansion in the foroming years, reaching $25.12 billion in 2029 with a compound annual growth rate (CAGR) of 11.4%. This growth during the projected period can be ascribed to factors such as consistent expansion in the pharmaceutical industry, advancements in drug delivery systems, emphasis on eco-friendly packaging, increased demand for biopharmaceuticals, and global development of healare infrastructure. Noteworthy trends anticipated during this period encompass the rising preference for ready-to-use packaging, a notable shift towards biodegradable packaging, market expansion in emerging economies, and a rise in collaborations and partnerships.
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What Are the Drivers Transforming the Pharmaceutical Glass Packaging Market?
The expansion of the pharmaceutical sector is set to stimulate the advancement of the pharmaceutical glass packaging market in the future. The term 'pharmaceutical industry' embodies the processes of discovering, devising, and producing medications. The packaging of pharmaceutical glass is employed for preserving strong acids and alkalis, in addition to medicines. For instance, Zippia, a leading information resource firm in the US, stated in 2023 that the pharmaceutical industry in the U.S. contributes to 43.7% of the worldwide pharmaceutical market in 2023. Consequently, the prosperity of the pharmaceutical sector is a significant driving force behind the evolution of the pharmaceutical glass packaging market.
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What Long-Term Trends Will Define the Future of the Pharmaceutical Glass Packaging Market?
Major firms in the pharmaceutical glass packaging market, such as SGD Pharma, are concentrating on product innovation, like Molded glass vials, to gain a competitive advantage. Molded glass vials are produced by injecting molten glass into a mold and subsequently utilizing compressed air in the pre-forming process to populate the mold. In March 2022, the India-based SGD Pharma made an addition to its pharmaceutical glass packaging services with the release of ready-to-use (RTU) sterile 100 ml molded glass vials. These vials are crafted to hold high-value parenteral drugs in large capacities, eliminating glass-to-glass contact to lower particle generation, thereby enhancing patient safety. They are compatible with various injectable applications and undergo sterility and depyrogenation to ensure that they are contaminant-free.
Which Segments in the Pharmaceutical Glass Packaging Market Offer the Most Profit Potential?
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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Which Firms Dominate the Pharmaceutical Glass Packaging Market by Market Share and Revenue in 2025?
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.
Which Regions Offer the Highest Growth Potential in the Pharmaceutical Glass Packaging Market?
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.
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