The global pharmaceutical glass packaging market will be driven by emerging economies and growing demand for glass bottles during the forecast period 2021-2026

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EMR’s new report entitled “Global Pharmaceutical Glass Packaging Market Report and Forecast 2021-2026′, gives an in-depth analysis of the Global Pharmaceutical Glass Packaging Market, assessing the market based on its segments such as Product Type, Drug Type, Application and Major Regions . The report tracks the latest industry trends and studies their impact on the overall market. It also assesses market dynamics, covering key demand and price indicators, as well as market analysis based on SWOT and Porter’s Five Forces models.

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Key highlights of the report include:

Market Overview (2016-2026)

  • Historical market size (2020): USD 16 billion
  • Forecast CAGR (2021-2026): 7%
  • Forecasted market size (2026): 24 billion USD

The growth of the pharmaceutical industry in emerging economies is driving demand. Glass packaging manufacturers and suppliers are focusing on shifting their base to China, India and Brazil owing to the growing opportunities presented by the pharmaceutical industry in these countries, especially in the generics sector. The increase in the market value of glass thanks to its recyclability stimulates demand. Since glass makes up the majority of pharmaceutical packaging, it represents only a very small percentage of waste. Glass packaging is also 100% recyclable, making it a green packaging alternative contributing to the growth of the pharmaceutical glass packaging industry.

Industry definition and major segments

During storage, transportation and display, packaging refers to the process of product protection, appearance, identity, information convenience and application. Packaging also helps differentiate a company’s products from those of its competitors. Pharmaceutical packaging is an essential part of the pharmaceutical industry’s delivery system for goods and medicines. Pharmaceutical packaging equipment can package solids, semi-solids, liquids and other pharmaceutical products. It helps to reduce the production time of pharmaceutical products, allowing more innovation and creativity in drug delivery systems and personalized drugs.

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Based on Product, the market is split into:

  • Bulbs
  • bottles
  • Vials
  • Syringes
  • Cartridges
  • Others

Based on Drug Type, the market is segmented into:

By Application, the industry is categorized into:

  • Oral
  • Injectables
  • Nasal
  • Others

Global Regions for Pharmaceutical Glass Packaging Market include:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Market trends

Pharmaceuticals are usually packaged in glass vials in the pharmaceutical industry. Pharmaceutical glass bottles must meet strict tolerance standards as they are often filled in high-speed lines. Compared to polyethylene terephthalate (PET), glass has far fewer negative effects on humans and the environment, making it the most environmentally friendly packaging medium. In the pharmaceutical industry, as well as in ophthalmology and for essential oils and aromatherapy, dropper bottles are used. The demand for these bottles is expected to increase over the forecast period, due to the growing popularity of vaping liquids.

Main market players

The major market players are Ardagh Group SA, Bormioli Pharma Srl, Piramal Glass Private Limited, Schott AG, Sisecam and others. The report covers market shares, capacities, plant rotations, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.

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* At Expert Market Research, we always strive to give you the latest information. The figures in the article are only indicative and may differ from the actual report.

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