Global Glass Vials Market Based On End User Application - Pharmaceutical / Medicinal, Chemical, Personal care and Industrial

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Global Glass Vials Market

Pharmaceutical packaging plays a vital role to preserve and protect the medicinal drug during its usage. There is always a threat of Bisphenol A, commonly called BPA to mix with the medicinal drug if packed with plastic or metal containers. This factor has thus led to the increase in demand of glass containers especially glass vials in the pharmaceutical packaging industry. Also, the rise in health awareness on the backdrop of growth in the detection of new fatal diseases have taken the vial packaging market to a whole new level. Glass vials are comparatively easy to clean, dust resistant and are non-reactive with the fluids stored in it. Nowadays, there is growing inclination of manufacturers towards high-tech glasses to keep medicines fluids safe and are also prioritizing eco-friendly packaging solution.

Global Glass Vials Market: Drivers & Restraints
Unlike plastic or aluminium, glass does not impart the flavours into the drug stored maintaining the purity of drug and thus pushing the demand for glass vials for packaging of pharmaceutical and personal care products. Manufacturers, distributors and suppliers and have voiced their inclination towards glass vials over alternative containers available in the market as they provide longer shelf-life, ease, and contamination-free storage, etc. Glass vials are easily recyclable and thus are highly preferred by eco-friendly consumers. However, glass vial packaging is a capital-intensive business which involves use of large furnaces and machines. Also, compared to other alternatives such as plastic and metal, glass vials are heavy in weight and are vulnerable to easy breakage thus hampering the growth prospects of glass vials market. Owing to this, the recent trend shows that most of the manufacturers are now adding an extra layer of protection by wrapping glass vials in protective silicone sleeves.

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Global Glass Vials Market: Segmentation
Based on various parameters, global glass vials market can be segmented into various segments such as

Based on product type, global glass vials market can be segmented as

Screw thread glass vials
Serum / Specialty glass vials
Sterile glass vials
Others

Based on end user application, global glass vials market can be segmented as

Pharmaceutical / Medicinal
Chemical
Personal care
Industrial
Others

Based on filling technology used, global glass vials market can be segmented as

Volumetric fillers
Rotary fillers
Net weight fillers
Other fillers

Based on type of glass used, global glass vials market can be segmented as

Borosilicate glass
Fused Silica

Global Glass Vials Market: Regional Overview
Geographically, the global glass vials market is segmented into seven regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and the Middle East and Africa (MEA).

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Glass vials market is directly influenced by the continuous developments in the drug delivery formats applied in the healthcare industry. In the near future, a sizable economic growth is expected in the developing economies like India, China, ASEAN etc. Growing applications of glass vials in medical as well as chemical packaging is likely to drive the overall growth in the glass vials market in the Asia-Pacific region. Thus, Asia-Pacific region is expected to dominate the glass vials market over the forecast period. On the other hand, Europe and North America regions are comparatively mature markets in terms of glass container packaging and are likely to show a steady rate of growth in glass vials market during the forecast period. However, with the rise in urbanization, coupled with growing health awareness in the Middle-East & Africa, and Latin America region, the glass vial market is projected to witness substantial growth over the forecast period.

Overall, global glass vial market is anticipated to grow at a healthy CAGR over the forecast period.

Global Glass Vials Market: Key Players
Some key players that currently operate in glass vial market across the globe are Adelphi Healthcare Packaging, Comar LLC., Schott AG, Gerresheimer AG, PerkinElmer Inc., Phoenix Glass, LLC, Pacific Vial, Qosmedix, Hanna Instruments, Inc., Fusion Packaging, and many more.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis

The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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