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Pharmaceutical Glass Packaging - Global Strategic Business Report

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    Report

  • 377 Pages
  • March 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5030787

Global Pharmaceutical Glass Packaging Market to Reach $34.4 Billion by 2030

The global market for Pharmaceutical Glass Packaging estimated at US$19.7 Billion in the year 2022, is projected to reach a revised size of US$34.4 Billion by 2030, growing at a CAGR of 7.2% over the analysis period 2022-2030. Bottles, one of the segments analyzed in the report, is projected to record 5.6% CAGR and reach US$10.5 Billion by the end of the analysis period. Growth in the Vials segment is estimated at 7.9% CAGR for the next 8-year period.

The U.S. Market is Estimated at $5.8 Billion, While China is Forecast to Grow at 8.3% CAGR

The Pharmaceutical Glass Packaging market in the U.S. is estimated at US$5.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$5.4 Billion by the year 2030 trailing a CAGR of 8.3% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.2% and 6.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.7% CAGR.

Select Competitors (Total 41 Featured)

  • Becton, Dickinson and Company
  • Corning, Inc.
  • Gerresheimer AG
  • Ardagh Group SA
  • Agrado SA
  • Beatson Clark PLC
  • Hindusthan National Glass & Industries Ltd.
  • Bormioli Pharma S.p.a.
  • DWK Life Sciences LLC
  • Haldyn Glass Ltd.
  • ESSCO Glass
  • Dobbies Garden Centres Limited
  • Can Do Company Limited
  • As One Corporation
  • Dunelm (Soft Furnishings) Limited

Economic Outlook

The global economic outlook is improving, and growth recovery, albeit on the lower side, is expected for this year and the next. The United States although witnessing slowing GDP growth in response to tight monetary and financial conditions, has nevertheless overcome the recession threat. Easing of headline inflation in Euro area is helping boost real incomes and is contributing to pick-up in economic activity. China is expected to see strong increases in GDP in the coming year as the pandemic threat recedes and the government sheds its zero-COVID policy. With optimistic GDP projections, India remains on-course to emerge into a US trillion economy by 2030, surpassing Japan and Germany.

The upturn, however, remains fragile and a number of interlocking challenges continue to run in parallel, such as continued uncertainty around the war in Ukraine; slower than expected decline in global headline inflation; continuation of food and fuel inflation as a persistent economic problem for most developing countries; and still high retail inflation and its impact on consumer confidence and spending. Countries and their governments are showing signs of weathering these challenges, which helps lift market sentiments. As governments continue to combat inflation to get it down to more economically conformable levels by raising interest rates, new job creation will slowdown and impact economic activity. Stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced.

Although corporate investments can likely be held back by inflation worries and weaker demand, rise of new technologies will reverse partially this prevailing investment sentiment. Rise of generative AI; applied AI; industrializing machine learning; next-generation software development; Web3; cloud and edge computing; quantum technologies; electrification and renewables and climate technologies beyond electrification and renewables, will open up the global investment landscape. The technologies hold the potential to drive sizeable incremental growth and value to global GDP in the coming years. The short-term is expected to be a mixed bag of challenges and opportunities for both consumers and investors alike. There is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.

What`s New?

  • Special discussions on the global economic climate and market sentiment
  • Coverage on global competitiveness and key competitor percentage market shares
  • Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and trademarked research platform
  • Complimentary updates for one year
  • Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes
Frequently Asked Questions about the Pharmaceutical Glass Packaging Market

What is the estimated value of the Pharmaceutical Glass Packaging Market?

The Pharmaceutical Glass Packaging Market was estimated to be valued at $19.7 Billion in 2022.

What is the growth rate of the Pharmaceutical Glass Packaging Market?

The growth rate of the Pharmaceutical Glass Packaging Market is 7.2%, with an estimated value of $34.4 Billion by 2030.

What is the forecasted size of the Pharmaceutical Glass Packaging Market?

The Pharmaceutical Glass Packaging Market is estimated to be worth $34.4 Billion by 2030.

Who are the key companies in the Pharmaceutical Glass Packaging Market?

Key companies in the Pharmaceutical Glass Packaging Market include Becton, Dickinson and Company, Corning, Inc., Gerresheimer AG, Ardagh Group SA, Agrado SA, Beatson Clark PLC, Hindusthan National Glass & Industries Ltd., Bormioli Pharma S.p.a., DWK Life Sciences LLC and Haldyn Glass Ltd..

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • COVID-19 Impact on Pharmaceutical Packaging Market
  • Growing COVID-19 Cases and Efforts to Develop Vaccines Presents Opportunity for Pharmaceutical Glass Packaging Market: Top Countries Ranked by Number of COVID-19 Cases
  • COVID-19 to Restructure the Pharmaceutical Supply Chain Management
  • Pharmaceutical Companies Devise Innovative Strategies for Streamlining Supply Chain Networks
  • Unprecedented Global Push to Expedite COVID-19 Vaccine Development to Spur Demand for Glass Packaging
  • COVID-19 Vaccines in Pipeline by Technology and Clinical Stage
  • Efforts to Boost Manufacturing of Glass Vials and Prefilled Syringes for COVID-19 Vaccine Gain Traction
  • Fears of Glass Vial Shortage Prompts Flurry of Industry Activities
  • Glass Packaging: Sustainable, Green, and Pure Form of Packaging
  • An Introduction to Pharmaceutical Glass Packaging
  • Types of Glass Containers Used for Packaging in Pharmaceutical Industry
  • Pharmaceutical Glass Packaging Product Types
  • Key Advantages & Disadvantages of Glass Containers
  • Global Market Prospects & Outlook
  • Glass Bottles: The Largest Product Type
  • Generic Drugs Represent the Largest Segment
  • Developed Regions Lead the Pharmaceutical Glass Packaging Market
  • Growth of Pharmaceutical Manufacturing in Developing Economies Supports Market
  • Competition
  • World Brands
  • Recent Market Activity
  • Pharmaceutical Glass Packaging - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Strong Rise in Pharmaceutical Sales to Drive Demand for Glass Packaging Solutions
  • Global Prescription Drug Sales (In US$ Billion) for the Years 2017, 2019, 2021, 2023 & 2025
  • Rapid Growth of Generic Drugs Augurs Well for Glass Packaging Market
  • Global Generic Drugs Market Size (in $ Billion) for the Years 2016, 2019, 2020 & 2025
  • Increasing Significance of Biologic Drugs Fuels Innovations in Packaging and Delivery Techniques
  • Global Biologic Drugs Market Size (in US$ Billion) for the Years 2019, 2022 & 2025
  • Aging Population, Increasing Burden of Chronic Disease and Consequent Rise in Demand for Injectables Drugs Augurs Well for Glass Packaging
  • Global Aging Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
  • Global Cancer Incidence: Number of New Cancer Cases in Million for the Years 2018, 2020, 2025, 2030, 2035 and 2040
  • World Diabetes and Population Statistics (2019, 2030 & 2045)
  • Contract Packaging Trend Augurs Well for the Pharma Glass Packaging Market
  • Ampoules Emerge as a Preferred Packaging Option for Pharma Companies
  • Parenteral Packaging Market Drives Demand for Glass Vials & Ampoules
  • Parenteral Packaging Market by Product (in %) for 2020E
  • Silica Bottles Facilitate Targeted Drug Delivery
  • Innovative Glass Packaging Solutions Help Improve Quality of Drugs
  • Innovations & Advancements Drive Market Growth
  • SCHOTT Offers syriQ BioPure® and SCHOTT TOPPAC® Syringes
  • Corning Creates Boron-Free Valor® Glass
  • Recyclability and Sustainability Increases Commodity Value of Glass, Paving Way for Use in Pharma Sector
  • Impending Phase-out of Plastic Brings to Light the Importance of Glass for Pharmaceutical Packaging Companies
  • Glass Flakes: A Key Concern for the Pharmaceutical Glass Packaging Manufacturers
  • Aluminosilicate Glass Emerges as a Solution to the Issue of Glass Flakes
  • Product Recall Incidents Likely to Hamper Market Stability
  • Alternative Materials Present A Threat to Glass Packaging in Pharmaceutical Industry
  • Global Pharmaceutical Packaging Market by Material (in %): 2020E
  • High Cost of Glass Packaging Containers: A Major Market Restraint
  • Cost Breakdown for Container Glass by Components
  • Emphasis on Product Integrity Drives Need for Anti-Counterfeit Pharmaceutical Packaging
4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: World Recent Past, Current & Future Analysis for Pharmaceutical Glass Packaging by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 2: World Historic Review for Pharmaceutical Glass Packaging by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • TABLE 3: World 16-Year Perspective for Pharmaceutical Glass Packaging by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2023 & 2030
  • TABLE 4: World Recent Past, Current & Future Analysis for Bottles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 5: World Historic Review for Bottles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • TABLE 6: World 16-Year Perspective for Bottles by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 7: World Recent Past, Current & Future Analysis for Vials by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 8: World Historic Review for Vials by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • TABLE 9: World 16-Year Perspective for Vials by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 10: World Recent Past, Current & Future Analysis for Ampoules by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 11: World Historic Review for Ampoules by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • TABLE 12: World 16-Year Perspective for Ampoules by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 13: World Recent Past, Current & Future Analysis for Cartridges & Syringes by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 14: World Historic Review for Cartridges & Syringes by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • TABLE 15: World 16-Year Perspective for Cartridges & Syringes by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 16: World Recent Past, Current & Future Analysis for Generic by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 17: World Historic Review for Generic by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • TABLE 18: World 16-Year Perspective for Generic by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 19: World Recent Past, Current & Future Analysis for Branded by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 20: World Historic Review for Branded by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • TABLE 21: World 16-Year Perspective for Branded by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 22: World Recent Past, Current & Future Analysis for Biologic by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 23: World Historic Review for Biologic by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • TABLE 24: World 16-Year Perspective for Biologic by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 25: World Pharmaceutical Glass Packaging Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
III. MARKET ANALYSIS
  • UNITED STATES
  • Pharmaceutical Glass Packaging Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
  • Pharmaceutical Packaging Market in the US: An Overview
  • US Pharmaceutical Packaging Market by Material (in %) for 2020E
  • CANADA
  • JAPAN
  • Pharmaceutical Glass Packaging Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
  • CHINA
  • Pharmaceutical Glass Packaging Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
  • Market Overview
  • EUROPE
  • Pharmaceutical Glass Packaging Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
  • Europe Pharmaceutical Packaging: A Prelude
  • Europe Pharmaceutical Packaging Materials Market by Application (in %) for 2020E
  • FRANCE
  • Pharmaceutical Glass Packaging Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
  • GERMANY
  • Pharmaceutical Glass Packaging Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
  • ITALY
  • UNITED KINGDOM
  • Pharmaceutical Glass Packaging Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • Pharmaceutical Glass Packaging Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
  • Market Overview
  • Asia-Pacific to Witness Introduction of New Syringes and Ampoules
  • AUSTRALIA
  • Pharmaceutical Glass Packaging Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2023 (E)
  • INDIA
  • Pharmaceutical Glass Packaging Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2023 (E)
  • Indian Glass Vial Manufacturers Prepare for Demand Surge for Bottling COVID-19 Vaccines
  • Changing Product Portfolio Composition Drives Spending on Packaging
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • Pharmaceutical Glass Packaging Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2023 (E)
  • Vials and Ampoules to Witness Robust Demand in Latin America
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • Pharmaceutical Glass Packaging Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2023 (E)
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA
  • Pharmaceutical Glass Packaging Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2023 (E)
IV. COMPETITION

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Becton, Dickinson and Company
  • Corning, Inc.
  • Gerresheimer AG
  • Ardagh Group SA
  • Agrado SA
  • Beatson Clark PLC
  • Hindusthan National Glass & Industries Ltd.
  • Bormioli Pharma S.p.a.
  • DWK Life Sciences LLC
  • Haldyn Glass Ltd.
  • ESSCO Glass
  • Dobbies Garden Centres Limited
  • Can Do Company Limited
  • As One Corporation
  • Dunelm (Soft Furnishings) Limited