Global Pharmaceutical Glass Packaging Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation & Forecast 2024

Industry : Healthcare Date : July 11th, 2018
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Global pharmaceutical glass packaging market was valued at USD 13,468 million in 2017 and is expected to reach USD 22,169 million by 2024, at a CAGR of 7.5%. The growth is primarily attributed to the increasing demand for secure packaging of pharmaceutical products. Moreover, increasing regulatory pressure and stringent standards for patient safety coupled with implementation of extra measures to reduce the risk of drug interaction are also driving the market growth. The years used for the assessment are as follows;

Historical year: 2014, 2015, and 2016

Base year: 2017

Forecast period: 2018 – 2024

RESEARCH METHODOLOGY

The research and analysis is based on the data and information obtained from various primary and secondary sources. The data obtained is validated by interacting with the companies of the concerned domain. The steps involved in the research methodology are;

  • Obtaining historical data of the market based on news, articles, publications, annual reports, white papers, surveys, and other secondary sources
  • Interacting with key opinion leaders of the market and developing data points based on interaction with them
  • Study of past trends in the market and their year on year Impact on the market size and share
  • Analyzing the collected data points
  • Bridging the data points to calculate the total pharmaceutical glass packaging market and its various segments
  • Anticipating potential risks
  • Analyzing market forces such as drivers, restraints, and opportunities to assess new growth areas for the global pharmaceutical glass packaging market
  • Finalizing the overall size and share of the global pharmaceutical glass packaging market

OBJECTIVES:

  • To analyze market trends, opportunities, drivers, and restraints associated with the pharmaceutical glass packaging market
  • To study market response with respect to the mergers and acquisitions in the industry
  • To profile key companies operating in the pharmaceutical glass packaging market and provide their competitive landscape

MARKET SCOPE

The research scope for pharmaceutical glass packaging market is as follows:

By Type

  • Type I – (Borosilicate Glass)
  • Type II – (Treated Soda-Lime Glass)
  • Type III – (Regular Soda Lime Glass)

By Products

  • Ampoules
  • Cartridges
  • Bottles
  • Syringes
  • Vials

By Color

  • Amber
  • Clear

By Application

  • Nasal
  • Topical
  • Oral
  • Injectable
  • Others

By Region

  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East and Africa

The global pharmaceutical glass packaging market was valued at USD 13,468 million in 2017 and is expected to reach USD 22,169 million by 2024, at a CAGR of 7.5%. The growth is primarily attributed to the increasing demand for secure packaging of pharmaceutical products. Moreover, increasing regulatory pressure and stringent standards for patient safety coupled with implementation of extra measures to reduce the risk of drug interaction are also driving the market growth. However, high transport cost associated with glass packaging may restrain the market growth to some extent.

Glass packaging has been more popular in recent years, owing to consumers becoming more aware and companies rediscovering the benefits of glass. Glass is made from all natural raw materials, as compared to other packaging materials such as PVC, which can have negative impact on the human health and environment. Moreover, glass is a 100% recyclable and can be recycled without losing its purity and quality. In recent years, increased development of pharmaceutical products such as recombinant proteins, biological products, monoclonal antibodies, vaccines, among others has been driving the pharma market. These drugs usually require specific storage conditions and need suitable containers with low drug interaction properties.

An essential role of primary packaging material is to provide adequate protection against drug interaction with primary materials, as well as loss of sterility. This is especially important for biological and parenteral containers, as contamination or lack of sterility can cause adverse effects.

Geographically, North America held the largest share of the global market in 2017. The growth in the region is attributed to the growing demand of glass in primary packaging of parenteral and topical formulations. Moreover, growing investment in the manufacturing of new generation of pharmaceutical vials by key players is also driving the growth in the region. Europe held the second largest share of the market. The growth in the region is primarily due to technological advancement in glass manufacturing and increasing number of product approvals. Asia-Pacific pharmaceutical glass packaging market is projected to grow at the fastest rate during the forecast period owing to growing number of healthcare companies adopting glass in primary packaging (injectable and biological). Moreover, advancement in biotechnology leading to introduction of new injectable therapies is also expected to propel the market growth in the region.

Some of the key companies operating in the market include, Gerresheimer AG, SCHOTT AG, Bormioli Pharma S.r.l, Origin Pharma Packaging., SGD Group SAS, West Pharmaceutical Services, Inc, Nipro Corporation, Piramal Glass Private Limited, Stevanato Group SpA, among others.

Pharmaceutical Glass Packaging Market

TABLE OF CONTENTS

CHAPTER 1. Market Scope and Methodology

1.1. Research methodology

1.2. Research scope & assumptions

1.3. List of data sources

CHAPTER 2. Executive Summary

2.1. Pharmaceutical Glass Packaging – Market Snapshot

CHAPTER 3. Industry Analysis

3.1. Market definition

3.2. Market segmentation

3.3. Key findings of the global pharmaceutical glass packaging market

3.4. Value chain analysis

3.5. Market opportunities & trends

3.6. Market dynamics

3.6.1. Market driver analysis

   3.6.1.1. Growing demand for secure packaging for pharmaceutical products

   3.6.1.2. Increasing regulatory pressure and more stringent standards for patient safety

   3.6.1.3. Implementation of extra measures to reduce the risk of drug interaction

3.6.2. Market restraint analysis

           3.6.2.1. High transport cost of storage

3.6.3. Industry Analysis-Porters five forces of analysis

CHAPTER 4. Competitive Outlook

4.1. Competitive analysis

4.2. Competitive factors

4.3. Strategies adopted

CHAPTER 5. Global Pharmaceutical Glass Packaging Market Size and Forecast (2014 – 2024)

5.1. Global Pharmaceutical Glass Packaging Market, By Type (USD Million) (Million Units)

5.1.1. Type I – (Borosilicate Glass)

5.1.2. Type II – (Treated Soda-Lime Glass)

5.1.3. Type III – (Regular Soda Lime Glass)

5.2. Global Pharmaceutical Glass Packaging Market, By Products (USD Million) (Million Units)

5.2.1. Ampoules

5.2.2. Cartridges

5.2.3. Bottles

5.2.4. Syringes

5.2.5. Vials

5.3. Global Pharmaceutical Glass Packaging Market, By Color (USD Million) (Million Units)

5.3.1. Amber

5.3.2. Clear

5.4. Global Pharmaceutical Glass Packaging Market, By Application (USD Million) (Million Units)

5.4.1. Nasal

5.4.2. Topical

5.4.3. Oral

5.4.4. Injectable

5.4.5. Others

CHAPTER 6. Global Pharmaceutical Glass Packaging Market Size and Forecast, By Geography (2014-2024)

6.1. North America Pharmaceutical Glass Packaging Market

6.1.1. North America Pharmaceutical Glass Packaging Market, By Type (USD Million) (Million Units)

6.1.2. North America Pharmaceutical Glass Packaging Market, By Products (USD Million) (Million Units)

6.1.3. North America Pharmaceutical Glass Packaging Market, By Color (USD Million) (Million Units)

6.1.4. North America Pharmaceutical Glass Packaging Market, By Application (USD Million) (Million Units)

6.1.5. North America Pharmaceutical Glass Packaging Market, By Country (USD Million) (Million Units)

  6.1.5.1. US

  6.1.5.2. Canada

  6.1.5.3. Mexico

6.2. Central & South America Pharmaceutical Glass Packaging Market

6.2.1. Central & South America Pharmaceutical Glass Packaging Market, By Type (USD Million) (Million Units)

6.2.2. Central & South America Pharmaceutical Glass Packaging Market, By Products (USD Million) (Million Units)

6.2.3. Central & South America Pharmaceutical Glass Packaging Market, By Color (USD Million) (Million Units)

6.2.4. Central & South America Pharmaceutical Glass Packaging Market, By Application (USD Million) (Million Units)

6.2.5. Central & South America Pharmaceutical Glass Packaging Market, By Country (USD Million) (Million Units)

   6.2.5.1. Brazil

   6.2.5.2. Rest of Latin America

6.3. Europe Pharmaceutical Glass Packaging Market

6.3.1. Europe Pharmaceutical Glass Packaging Market, By Type (USD Million) (Million Units)

6.3.2. Europe Pharmaceutical Glass Packaging Market, By Products (USD Million) (Million Units)

6.3.3. Europe Pharmaceutical Glass Packaging Market, By Color (USD Million) (Million Units)

6.3.4. Europe Pharmaceutical Glass Packaging Market, By Application (USD Million) (Million Units)

6.3.5. Europe Pharmaceutical Glass Packaging Market, By Country (USD Million) (Million Units)

   6.3.5.1. Germany

   6.3.5.2. France

   6.3.5.3. U.K.

   6.3.5.4. Russia

   6.3.5.5. Italy

   6.3.5.6. Rest of Europe

6.4. Asia-Pacific Pharmaceutical Glass Packaging Market

6.4.1. Asia-Pacific Pharmaceutical Glass Packaging Market, By Type (USD Million) (Million Units)

6.4.2. Asia-Pacific Pharmaceutical Glass Packaging Market, By Products (USD Million) (Million Units)

6.4.3. Asia-Pacific Pharmaceutical Glass Packaging Market, By Color (USD Million) (Million Units)

6.4.4. Asia-Pacific Pharmaceutical Glass Packaging Market, By Application (USD Million) (Million Units)

6.4.5. Asia-Pacific Pharmaceutical Glass Packaging Market, By Country (USD Million) (Million Units)

   6.4.5.1. China

   6.4.5.2. Japan

   6.4.5.3. India

   6.4.5.4. Korea

   6.4.5.5. Australia

   6.4.5.6. Rest of Asia-Pacific

6.5. Middle East and Africa Pharmaceutical Glass Packaging Market

6.5.1. Middle East and Africa Pharmaceutical Glass Packaging Market, By Type (USD Million) (Million Units)

6.5.2. Middle East and Africa Pharmaceutical Glass Packaging Market, By Products (USD Million) (Million Units)

6.5.3. Middle East and Africa Pharmaceutical Glass Packaging Market, By Color (USD Million) (Million Units)

6.5.4. Middle East and Africa Pharmaceutical Glass Packaging Market, By Application (USD Million) (Million Units)

6.5.5. Middle East and Africa Pharmaceutical Glass Packaging Market, By Country (USD Million) (Million Units)

   6.5.5.1. Saudi Arabia

   6.5.5.2. UAE

   6.5.5.3. Egypt

   6.5.5.4. South Africa

   6.5.5.5. Rest of Middle East and Africa

CHAPTER 7. Key Players and Strategic Developments

7.1. Gerresheimer AG

7.1.1. Business Overview

7.1.2. Product and Service Offering

7.1.3. Financial Overview

7.1.4. Strategic Developments

7.2. SCHOTT AG

7.2.1. Business Overview

7.2.2. Product and Service Offering

7.2.3. Financial Overview

7.2.4. Strategic Developments

7.3. Bormioli Pharma S.r.l

7.3.1. Business Overview

7.3.2. Product and Service Offering

7.3.3. Financial Overview

7.3.4. Strategic Developments

7.4. Origin Pharma Packaging.

7.4.1. Business Overview

7.4.2. Product and Service Offering

7.4.3. Financial Overview

7.4.4. Strategic Developments

7.5. SGD Group SAS

7.5.1. Business Overview

7.5.2. Product and Service Offering

7.5.3. Financial Overview

7.5.4. Strategic Developments

7.6. West Pharmaceutical Services, Inc

7.6.1. Business Overview

7.6.2. Product and Service Offering

7.6.3. Financial Overview

7.6.4. Strategic Developments

7.7. Nipro Corporation

7.7.1. Business Overview

7.7.2. Product and Service Offering

7.7.3. Financial Overview

7.7.4. Strategic Developments

7.8. Piramal Glass Private Limited

7.8.1. Business Overview

7.8.2. Product and Service Offering

7.8.3. Financial Overview

7.8.4. Strategic Developments

7.9. Stevanato Group

7.9.1. Business Overview

7.9.2. Product and Service Offering

7.9.3. Financial Overview

7.9.4. Strategic Developments

Global Pharmaceutical Glass Packaging Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation and Forecast 2024