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Pharmaceutical Glass Packaging - Global Market Trajectory & Analytics

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    Report

  • 377 Pages
  • July 2022
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5030787

FEATURED COMPANIES

  • Ardagh Group S.A.
  • Beatson Clark
  • Bormioli Rocco SpA
  • Corning, Inc.
  • Gerresheimer AG
  • Nipro Corporation

Global Pharmaceutical Glass Packaging Market to Reach $25 Billion by 2026


Glass represents an unbeatable option as a packaging material supported by its superior attributes of sterility, reusability, chemical stability, durability, non-permeability, and malleability and by virtue of it being hygienic, eco-friendly, and aesthetically pleasing. With an unlimited recyclable life, glass ranks high on the parameters laid down for the environmentally most desired packaging type. For every ton of recycled glass, a ton of natural resources are saved, while one ton of carbon dioxide is prevented from entering the atmosphere with every six tons of container glass recycled.

Glass is the primary packaging materials used in pharmaceutical industry for packaging drugs and vaccines. The versatile nature of glass and the ability to mold glass into varied shapes, sizes and colors makes it useful in pharmaceutical packaging applications. Glass is also considered suited for sterilization purposes, possess superior barrier properties, and can be color to enhance its light sensitivity. Glass packaging helps in preserving the properties and protecting the contents. Glass is in fact the only material to be recognized as being generally recognized as safe (GRAS) by the US FDA. Glass containers in the pharma industry are available in amber color or clean flint color. For sensitive pharma products such as parenteral drugs and blood products, glass vials and ampoules made of borosilicate glass are used. The choice of glass for packaging pharmaceutical formulations is mainly due to the inorganic or inert nature of the material, which on being heat up and cooled down leads to solidification without causing crystallization. The high melting point due to presence of silica remains a key advantage of glass.

Amid the COVID-19 crisis, the global market for Pharmaceutical Glass Packaging estimated at US$20 Billion in the year 2022, is projected to reach a revised size of US$25 Billion by 2026, growing at a CAGR of 7.9% over the analysis period. Bottles, one of the segments analyzed in the report, is projected to record a 6.1% CAGR and reach US$8.6 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Vials segment is readjusted to a revised 8.6% CAGR for the next 7-year period.

The U.S. Market is Estimated at $5.7 Billion in 2022, While China is Forecast to Reach $3.7 Billion by 2026


The Pharmaceutical Glass Packaging market in the U.S. is estimated at US$5.7 Billion in the year 202. China, the world's second largest economy, is forecast to reach a projected market size of US$3.7 Billion by the year 2026 trailing a CAGR of 9.2% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.8% and 7.3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 7.3% CAGR.

The market is primarily driven by the growing demand for secure packaging solutions in the pharmaceutical industry as well as the increased use of glass ampoules in generic injectable formulations. Ongoing product innovations and technological advancements have led to the introduction of several new products that are manufactured using advanced ion-exchange and glass chemistry processes, thereby resulting in the reduction of the surface friction coefficient and production of inherently-strong and damage-resistant glass. These improved products are expected to further propel the growth in the market in the coming years. In the past few years, the growing significance of cost sensitivity and biotech drugs in the healthcare industry has led to the implementation of strict regulations pertaining to products for drug delivery. This has resulted in significant investments from manufacturers of pharmaceutical glass packaging with the focus on developing products that can enhance the drug`s shelf life, which is further anticipated to drive the demand for pharmaceutical glass packaging in the next few years.

However, pharmaceutical glass packaging is expected to witness a stiff competition from plastic substitutes, such as polystyrene, low-density polyethylene, high-density polyethylene, and polyethylene terephthalate, for developing parenteral as well as non- parenteral containers. Concerns of particulate contamination, breakage, and delamination with glass packaging are also likely to continue impeding their widespread adoption for pharmaceutical products. While both plastic and glass can be recycled, glass has the limitation that it can be recycled back only into glass. In contrast, plastic has the benefit that it can be recycled for manufacturing various kinds of products, such as foam packaging, carpet filling, and plastic lumber. In recent years, glass packaging manufacturers and distributors are eyeing growth opportunities in emerging countries, such as Brazil, China, and India, particularly in the generics segment, and hence increasingly seeking to move their base to these countries. This trend is likely to augment growth in the pharmaceutical glass packaging market in these countries.

Select Competitors (Total 41 Featured):

  • Arab Pharmaceutical Glass Co.
  • Ardagh Group S.A.
  • Beatson Clark
  • Bormioli Rocco SpA
  • Corning, Inc.
  • Gerresheimer AG
  • Nipro Corporation
  • Piramal Glass
  • SCHOTT Pharmaceutical Packaging
  • SGD Pharma
  • Shandong Qidu Pharmaceutical Co., Ltd.
  • Sisecam Group
  • Stevanato Group S.p.A.
  • Stölzle-Oberglas Gmbh
  • West Pharmaceutical Services, Inc.

What`s New for 2022?

  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to the digital archives
  • Complimentary updates for one year

FEATURED COMPANIES

  • Ardagh Group S.A.
  • Beatson Clark
  • Bormioli Rocco SpA
  • Corning, Inc.
  • Gerresheimer AG
  • Nipro Corporation

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 PERSPECTIVEIII. MARKET ANALYSIS
UNITED STATES
  • Pharmaceutical Glass Packaging Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (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 2022 (E)
CHINA
  • Pharmaceutical Glass Packaging Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E)
  • Market Overview
EUROPE
  • Pharmaceutical Glass Packaging Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (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 2022 (E)
GERMANY
  • Pharmaceutical Glass Packaging Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E)
ITALY
UNITED KINGDOM
  • Pharmaceutical Glass Packaging Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Pharmaceutical Glass Packaging Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (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 2022 (E)
INDIA
  • Pharmaceutical Glass Packaging Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2022 (E)
  • Indian Glass Vial Manufacturers Prepare for Demand Surge for Bottling COVID-19 Vaccines
  • Changing Product Portfolio Composition Drives Spending on Packaging
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Pharmaceutical Glass Packaging Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2022 (E)
  • Vials and Ampoules to Witness Robust Demand in Latin America
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Pharmaceutical Glass Packaging Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2022 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Pharmaceutical Glass Packaging Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2022 (E)
IV. COMPETITION
  • Total Companies Profiled: 41

A selection of companies mentioned in this report includes:

  • Arab Pharmaceutical Glass Co.
  • Ardagh Group S.A.
  • Beatson Clark
  • Bormioli Rocco SpA
  • Corning, Inc.
  • Gerresheimer AG
  • Nipro Corporation
  • Piramal Glass
  • SCHOTT Pharmaceutical Packaging
  • SGD Pharma
  • Shandong Qidu Pharmaceutical Co., Ltd.
  • Sisecam Group
  • Stevanato Group S.p.A.
  • Stölzle-Oberglas Gmbh
  • West Pharmaceutical Services, Inc.