Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Pharmaceutical Glass Containers Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 5.3% during the review period (2022 to 2027).
Pharmaceutical Glass Containers Market Overview
For the past few years, aerosol packaging has been the most popular rigid packaging, mostly for food and beverage and personal care & cosmetics products. Demand for aerosol packaging is expected to increase in the near future. The liquid and gaseous ingredient is protected from evaporation by the aerosol packaging.
Aerosol cans have great recyclability and reusability, which significantly contributes to the market's expansion. They can be infinitely recycled as they are made from glass, metals, or plastics (such as PET). Aerosol cans also enable can users to obtain a cost advantage in packaging and while addressing concerns about disposability simultaneously. The reason for this is that aerosol cans are manufactured in compliance with environmental regulations and policies for decomposition. Moreover, these recycling Metal cans can aid in energy savings of up to 74%, encouraging lower energy use in product recycling. As a result, recycled cans are less expensive than cans that have just been made.
Recent Developments:
May 3, 2022 :BD to Showcase its Deep commitment to Drug Delivery Excellence at Pharmapack :Bd is pleased to be a premium partner at pharmapack 2022 – the european hub for the pharma packaging and drug delivery device industry – which will take place on may 18-19, 2022 at paris expo, porte de versailles, in paris, france. The return to in-person meetings provides us with the opportunity to welcome you back to the bd booth -- which will show our wide range of services and solutions to help meet your combination product development needs.
July 26, 2022. As part of its global sustainability strategy, the gerresheimer group has set itself the goal of reducing its co2 emissions by 50% until 2030 compared with 2019. An important component of this endeavor is the use of state-of-the-art furnace technology in container glass production. The company produces high-quality glass packaging for the pharma, food and cosmetics industries at locations in europe, america and asia. Gerresheimer is currently replacing one of its two furnaces at the german plant in tettau, bavaria.
Who are the Major Players in Pharmaceutical Glass Containers Market?
The global Pharmaceutical Glass Containers includes identification and analysis of the various market participants competing in the global market. Prominent competitors include Shandong PG, Wego, Zheng Chuan, BD, SCHOTT, SGD, Chengdu Jingu Pharma-Pack, Nipro, Cangzhou Xingchen Glass Products, Cangzhou Four Stars Glass, Linuo, Gerresheimer, Lumme, Nippon Electric Glass, CORNING, Zhengli, Chaohua, Hua Xin Glass, Namicos Corporation
What are the major Applications, Types and Regions for Pharmaceutical Glass Containers Market?
Pharmaceutical Glass Containers Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
- Injectable Package
- Oral Package
- Others
By Application it is segmented into
- Glass Tube Injection Bottle
- Ampoule
- Prefilled Syringe
- Cartridges
- Other
Pharmaceutical Glass Containers Market Regional Analysis
In 2020, North America dominated the market and generated 36.5 percent of worldwide sales. Over the future years, spending on the pharmaceutical business is anticipated to soar in developing economies. Innovative products are likely to continue to drive the expansion of the pharmaceutical industry in the region, with the U.S. serving as its primary market and major driver. The increase of generics in the area, which are likely to see consistently high demand in terms of volume and sales, is expected to support this expansion.
- North America
- 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
What is our Pharmaceutical Glass Containers Market report scope?
Report Attributes
|
Report Details
|
Forecast Period 2022 to 2028 CAGR
|
CAGR of 5.3% during the review period (2022 to 2027).
|
By Type
|
- Injectable Package
- Oral Package
- Others
|
By Application
|
- Glass Tube Injection Bottle
- Ampoule
- Prefilled Syringe
- Cartridges
- Other
|
By Companies
|
Shandong PG, Wego, Zheng Chuan, BD, SCHOTT, SGD, Chengdu Jingu Pharma-Pack, Nipro, Cangzhou Xingchen Glass Products, Cangzhou Four Stars Glass, Linuo, Gerresheimer, Lumme, Nippon Electric Glass, CORNING, Zhengli, Chaohua, Hua Xin Glass, Namicos Corporation
|
Regions Covered
|
- North America
- Europe
- Asia-Pacific
- Rest of the World
|
Countries Covered
|
- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
|
Base Year
|
2022
|
Historical Year
|
2017 to 2021
|
Forecast Year
|
2022 to 2027
|
Number of Pages
|
163
|
Customization Available
|
Yes, the report can be customized as per your needs
|
Key Takeaways from this Pharmaceutical Glass Containers Report
- Evaluate Pharmaceutical Glass Containers 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 - growth driving factors, specific challenges and hidden opportunities.
- Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
- Analyze the sales and distribution channels across geographies to enhance top-line revenues.
- Market share held by each application segment with respect to the market renumeration and sales estimates over the forecast timeline are stated in the report.
- Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the Pharmaceutical Glass Containers market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
- It further investigates the specifics that are positively impacting the profit graph of this business sphere.
- The study also elaborates the critical factors which will augment the commercial terrain of the Pharmaceutical Glass Containers market.
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
Frequently Asked Questions
What is the study period of this market?
The Pharmaceutical Glass Containers Market is studied from 2017 - 2027.
What is the growth rate of Pharmaceutical Glass Containers Market?
The Pharmaceutical Glass Containers Market is growing at a CAGR of 5.3% over the next 5 years.
Who are the leading key players in Pharmaceutical Glass Containers Market?
Shandong PG, Wego, Zheng Chuan, BD, SCHOTT, SGD, Chengdu Jingu Pharma-Pack, Nipro, Cangzhou Xingchen Glass Products, Cangzhou Four Stars Glass, Linuo, Gerresheimer, Lumme, Nippon Electric Glass, CORNING, Zhengli, Chaohua, Hua Xin Glass, Namicos Corporation
What regions does this Pharmaceutical Glass Containers Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Pharmaceutical Glass Containers Market?
Glass Tube Injection Bottle, Ampoule, Prefilled Syringe, Cartridges, Other
What are the significant Applications of Pharmaceutical Glass Containers Market?
Injectable Package, Oral Package, Others
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.
