The global pharmaceutical glass packaging market size is expected to reach USD 7.46 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 8.8% from 2021 to 2028. The demand for pharmaceutical glass packaging is projected to be driven by the growth of the pharmaceutical industry in emerging economies, especially in the Asia Pacific region.
The cost sensitivity in the healthcare sector and the growing significance of biotech drugs have resulted in the establishment of stringent regulations related to drug delivery products. Many pharmaceutical drugs manufacturing companies are focused on increasing the shelf life of a drug and are therefore making investments in the research and development of glass vials. The newly developed products are expected to aid the growth of glass vials due to the expansive number of applications. Pharmaceutical Glass Packaging Market Segmentation Grand View Research has segmented the global pharmaceutical glass packaging market on the basis of product, drug type, and region: Based on the Product Insights, the market is segmented into Vials, Bottles, Cartridges & Syringes, Ampoules.
Based on the Drug Type Insights, the market is segmented into Generic, Branded, Biologic.
Pharmaceutical Glass Packaging Regional Outlook
Key Companies Profile & Market Share Insights Numerous pharmaceutical glass manufacturing companies are primarily concentrated in the developed regions such as Europe and North America, resulting in a well-established supply chain and production system in the regions. Some prominent players in the global pharmaceutical glass packaging market include
Order a free sample PDF of the Pharmaceutical Glass Packaging Market Intelligence Study, published by Grand View Research.
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