Packaging / Global Medicinal Glass Bottle Market - Global Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players - Corning Incorporated, Owens-Illinois, Inc., Gerresheimer AG, Nipro Corporation, Stölzle-Oberglas GmbH
Global Medicinal Glass Bottle Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players - Corning Incorporated, Owens-Illinois, Inc., Gerresheimer AG, Nipro Corporation, Stölzle-Oberglas GmbH
Acknowledging the kind of traction gained by this market, recently published a study report by industry data analytics asserts the Global Medicinal Glass Bottle Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 4.9% during the review period (2022 to 2027).
Global Medicinal Glass Bottle Market overview
Medicines have always been preferred to be packed in sterile glass bottles because they are unreactive to the elements inside them. This makes sure that the formulation stays in its original chemical formulation and doesn’t ruin due to reaction or change in temperature inside glass bottles. Medicine glass bottles are extensively used as dropper or spray bottles. The growth of medicinal and health care industry is expected to boost glass medicine bottles during the forecast period.
Medicine glass bottles are made of borosilicate glass which is different from normal glass. Borosilicate glass is made from silicon dioxide, which is found in sand. Boron oxide and other compounds are also added to borosilicate glass to make it more stable and unreactive. Borosilicate glass is resistant to any external elements and temperature which makes it an ideal substance for storing sensitive compounds like medicines. Medicines usually degrade in the presence of oxygen and hence need good closure properties, for which they require serum stoppers of the same bottle mouth dimensions. Features like high-barriers, tamper-evident and multi-layered glass are expected to uplift the glass medicine bottles market.
Industry News and Updates:
Gerresheimer establishes small series production in the USA
03/18/2022 : Gerresheimer has established small series production at its Technical Competence Center at its Peachtree City, Georgia location. Small quantities of products can now be manufactured under series conditions and in ISO class 8 cleanroom
What are the major Applications, Types and Regions for Global Medicinal Glass Bottle Market?
Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
Type I glass (Borosilicate glass / Neutral glass)
Type II glass (soda-lime-silica glass/ treated soda-lime glass/ De alkalized soda lime glass)
Type III glass (Regular soda lime glass)
Type IV glass
By Application, it is segmented into
Solid bottles
Dropper bottles
Nasal Spray bottles
Liquid bottles
Others (oral care)
Global Medicinal Glass Bottle Market Regional Analysis
North America and Europe jointly held a share of more than 50% of the global market in 2018. These regions are expected to witness growth in the future as well owing to increased consumption of including spirits and wines. For instance, the U.S. has been witnessing a growing demand for vodka. Europe has been witnessing high demand for flavored beer as one of the premium drinks.
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
The Medicinal Glass Bottle Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Medicinal Glass Bottle Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Global Medicinal Glass Bottle Market scope?
Report Attributes
Report Details
Forecast Period 2022 to 2028 CAGR
CAGR of 4.9% during the review period (2022 to 2027).
By Types
Type I glass (Borosilicate glass / Neutral glass)
Type II glass (soda-lime-silica glass/ treated soda-lime glass/ De alkalized soda lime glass)
Yes, the report can be customized as per your needs
Key Takeaways from this Medicinal Glass Bottle Market Report
Evaluate Medicinal Glass Bottle market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.
Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
Analyze the sales and distribution channels across key geographies to improve top-line revenues.
Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the Medicinal Glass Bottle market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
Frequently Asked Question
What is the study period of this market?
The Global Medicinal Glass Bottle Market is studied from 2022-2027.
Who are the prime players in the Global Medicinal Glass Bottle Market?
Which region held the largest share in the Global Medicinal Glass Bottle Market?
United States, Europe, China, Japan, Southeast Asia, India and Rest of World
What are the significant Types of Global Medicinal Glass Bottle Market?
Type I glass (Borosilicate glass / Neutral glass), Type II glass (soda-lime-silica glass/ treated soda-lime glass/ De alkalized soda lime glass), Type III glass (Regular soda lime glass), Type IV glass
INTRODUCTION
MARKET DEFINATION
MARKET DYNAMICS
MARKET SEGMENTATION
REPORT TIMLINES
KEY STAKEHOLDERS
RESEARCH METHODOLOGY
DATA MINING
SECONDARY RESEARCH
PRIMARY RESEARCH
SUBJECT MATTER EXPERT ADVICE
QUALITY CHECK
FINAL REVIEW
DATA TRIANGULATION
BOTTOM-UP APPROACH
TOP-DOWN APPROACH
RESEARCH FLOW
EXECUTIVE SUMMARY
INTRODUCTION
GLOBAL MEDICINAL GLASS BOTTLE BY TYPE
GLOBAL MEDICINAL GLASS BOTTLE BY APPLICTAION
GLOBAL MEDICINAL GLASS BOTTLE DYNAMICS
DRIVERS
INCREASING MEDICINAL GLASS BOTTLE MARKET
RESTRAINTS
STRINGENT ENVIRONMENTAL REGUALTIONS
HIGH COST ON MATERIALS
OPPORTUNITIES
MEDICINAL GLASS BOTTLE GROWTH
APPLICATION OF GLOBAL MEDICINAL GLASS BOTTLE IMPACT OF COVID-19
GLOBALMEDICINAL GLASS BOTTLE MARKET, BY TYPE
INTRODUCTION
TYPE I GLASS (BOROSILICATE GLASS / NEUTRAL GLASS)
TYPE II GLASS (SODA-LIME-SILICA GLASS/ TREATED SODA-LIME GLASS/ DE ALKALIZED SODA LIME GLASS)
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
