Press release
Emerging Trends to Drive Pharmaceutical Glass Packaging Market Growth at 11.1% CAGR Through 2029
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 Growth Forecast: What to Expect by 2025?
Over the past years, the pharmaceutical glass packaging industry has seen significant growth, with its size projected to expand from $14.94 billion in 2024 to $16.12 billion in 2025, at a compound annual growth rate (CAGR) of 7.9%. The impressive growth in the past can be connected to factors such as the increased pharmaceutical production, tight governmental regulations and quality standards, preference for the neutral quality of glass, the global increase in elderly population, and the upward trend of chronic diseases.
How Will the Pharmaceutical Glass Packaging Market Size Evolve and Grow by 2029?
There is an anticipated brisk expansion in the pharmaceutical glass packaging market size over the coming years. It's projected to skyrocket to $24.59 billion in 2029 with a compound annual growth rate (CAGR) of 11.1%. The surge during the forecasted period can be credited to constant growth in the pharmaceutical sector, evolution in drug delivery, emphasis on environment-friendly packaging, demand for biopharmaceuticals, and global healthcare infrastructure development. Key trends predicted to be witnessed in this period include the increasing fame of ready-to-use packaging, a transition to biodegradable packaging, the proliferation of emerging markets, and an increase in collaborations and partnerships.
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What Drivers Are Propelling the Growth of Pharmaceutical Glass Packaging Market Forward?
The progression of the pharmaceutical sector is anticipated to stimulate the expansion of the pharmaceutical glass packaging market in the future. The pharmaceutical sector encompasses the invention, creation, and production of medicinal drugs. Pharmaceutical glass packaging is utilized for enclosing and storing medicines, potent alkalis, and acids. As an example, in 2023, as per information provided by Zippia, a renowned information platform in the US, the American pharmaceutical sector constitutes 43.7% of the global pharmaceutical market. Consequently, the advancement of the pharmaceutical industry is fueling the expansion of the pharmaceutical glass packaging market.
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Which Emerging Trends Are Transforming the Pharmaceutical Glass Packaging Market in 2025?
Key companies in the pharmaceutical glass packaging market, are turning their attention towards product innovation, specifically Molded glass vials, to gain a competitive advantage. Molded glass vials are fabricated using a technique where melted glass is injected into a mold, with compressed air utilized in the pre-formation process to fill the mold. An example of this innovation came in March 2022, when SGD Pharma, an Indian company recognized for its glass pharmaceutical packaging services, launched its Ready-to-Use (RTU) sterile 100 ml molded glass vials. These RTU sterile 100 ml molded glass vials, designed for packing large volume parenteral drugs, ensures zero glass-to-glass contact to decrease particle generation, consequently enhancing patient safety. Furthermore, these vials are compatible with various injectable applications, guaranteeing sterility and depyrogenation, thus ensuring the vials are free of contaminants.
What Are the Key Segments in the Pharmaceutical Glass Packaging Market?
The pharmaceutical glass packagingmarket 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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Who Are the Key Players Shaping the Pharmaceutical Glass Packaging Market's Competitive Landscape?
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 Geographic Markets Are Powering Growth 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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