Global Pharmaceutical Glass Packaging Market Outlook and Future Scope Analysis Forecast to 2023
Key Players
The key players of global Global Pharmaceutical Glass Packaging Market are Gerresheimer AG (Germany), Nipro Corporation (Japan), SCHOTT Global Pharmaceutical Packaging (U.S.), SGD Pharma (France), Shandong Qidu Global Pharmaceutical Co.,Ltd. (China), Bormioli Rocco SpA (Italy), Ardagh Group S.A. (Luxembourg), West Global Pharmaceutical Services, Inc. (U.S.), Piramal Glass (India), and Stölzle-Oberglas Gmbh (Austria).
Market Research Analysis
Glass vials and generic drugs segment are, expected to grow at the highest CAGR and hold the largest market share
Global Global Pharmaceutical Glass Packaging Market has been segmented based on product, application, and region. Glass vials in product segment is expected to hold the largest market share during the forecast period. Glass vials are comparatively easy to clean, dust resistant and are non-reactive with the fluids stored in them. Nowadays, there has been an inclination of manufacturers towards the use of high-tech glasses and eco-friendly packaging solutions so as to keep medicine fluids, safe. By application, the growth of the generic drugs segment is expected to rise further. This is due to the new government initiatives to produce generic drugs and mainly to promote the use of generic drugs against chronic diseases. Patent expiration of branded drugs is one of the key influencers for the growth and is the prime reason for generating more revenue for generic drugs market. Moreover, new emerging markets of developing countries, and the low cost of generic drugs are majorly responsible for thickening the growth of generic drugs market. This strengthens the global Global Pharmaceutical glass packaging market.
Scope of the Report
This study provides an overview of the global Global Pharmaceutical glass packaging market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the Global Pharmaceutical Glass Packaging market by its design product, by application and by region.
By Product
- Glass Vials
- Ampoules
- Cartridges
By Application
- Generic Drugs
- Branded Drugs
- Biological Drugs
By Regions
- North America
- Asia Pacific
- Europe
- Rest of the World
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